2024-03-31-accounts

CbDTity r¢&i8trntionnumber. 500553 Aireborough Flower Fund Homes Annual Report and Financial Statements for the Year Ended 31 March 2024

AlreborD￿¥￿ Flower Fund Hom Refe￿￿¢¢ AdmihlAtr•ilv¢ Dwill Th￿tru. Rtport 2wJ Independent ￿•mIne￿A liepon Sthrneni ofFinrt¢l&l A¢iiviii B•lance She Notes ￿ ¢h¢ FiDaThrl*l St•t¢ments 71012

AIreboroU￿ Flowv Fuod 1100) Reftrythee And Admlthl•tr•tfve Del•1 Ch•lrm Trui1 COmrAli Pmmhl C*irl¢y Rrylilr•ll•# JCWJJ Prlftclpl Offlet 65 Rwd L820 IIM) A DOnnorth>yl FCA T•rnHourt, 77 Hlth Sue Yg•th LS19 7SP Thi5 Pa8e doES)Wt fo￿ pDrt of th¢ charitys fm•ntiai 5tsLements. Pa8e I

Aircborough Flower Fund Homes Annual Report and Financial Statements for the Year Ended 31 March 2024

Alr¢borou8h Flo)Yer Fund Hom Trnileeil Report for tbe Yt•r Ellded 31 M•reh 2024 Al￿bOr￿U6h Flor Homcs Is I re8iwcrul ¢lwiiy. numbty SC#J33J. ￿￿1 l• t￿Illuled by i DE￿•r Tn and oPEr9￿ within the pArwnc¢crA of ItscLwiltutioTr. whlch •dopd w 23 Frbnwy 1999. R¢8lsl¢rtd •fflte Thc r¢8iJrtd offic¢ ofthe ¢h¥ity Si Ih•t of ￿lie1th. Hwri5oo 65 Vlrtori• R(•d. GuiKl¢y. Lu LS20 8DQ. A monA8em¢ni wmmiltr¢ ¢QllViSLn8 the obov¢ Irust¢¢4 95$1￿ ty thT¢e (nOn.VOl￿B) off •dminiiierJ ihe dLBfity. The and Ihe oniceTh llrE elect￿ •nd 4ppothd oft b•si w th¢ 8¢nerdl meetlng ofthe ch￿ity. Acthltlu Thc objed of th¢ charity 58 the pmwsltsn ofpuryo8¢ built bun841ows foT th¢ eld¢Tly OrGui￿leY, Ye4don and RaWd0￿ to entblc them to retain the￿ iÈMlewthce. I￿1 ptople op¢rwte the Ch￿1Y with thc a58iltance or local profession￿% thu ptovld¢ thetr8ervi¢cs al di5countcd rnte5. The ti¥ionts of th¢ propertie$ ¢ontinut to PAY a T¢nrAJ. below commercia] Trte4 And these funds ¢n&bie the tnw8etn¢nt committee lo coniiDU¢ w maintyin the ptopcrtie5 to a bigh s¢8nd4rd. Thc rents Are Tevi¢wed 00 a 8ular basis to rtde¢t ¢urnt costs ofmailllcnanre aJJd nJnDsD8 Costs. Addiiionlll i1￿0￿r i5 fdised from oca4ionBI legacics don￿10￿$ th lieu of fiLTh¢ral ftoweTS and donati¢JD8 frorrt local organisatio￿% and individua￿. A w¢fiEt Cootrol of fmanciHI r¢souT¢eS has ensured the ¢b￿lty ha5 rethinEd eDoush r¢souT¢CS to cope with its ¢oDtinyin8 mEititelloll¢¢ rc5ponsibilittes. Essenti4J Tyir snd ￿lD￿nanCe costs hav¢ ¢owirLued to b¢mel durin8 the year provisiorl bErn ¢0 t￿$￿Te such York will always be undwtakcD irj the fthwe to fulfil th¢ ¢knarity'8 obli8a¢ions to its tenllnts. Publlc btttent Th¢ ttusi¢es c4)nfJnn that they hv¢ ¢ompli¢d with the requircmcnts of se¢tion 17 of the Charities Act 201 I to h&ve du¢ regard ¢0 the public btttent guidanc¢ publi$bed by the Cl￿aty Co[[￿11851{￿ for En8land and Wales. JDwe51m¢nt poll¢y 7he ¢harity ensute5 that Éts funds ar¢ ujvested for no more thDn one year so that ¢osh 1$ avAilable to respond tts O¢veloprnahl OPPOt1unities as Ihey ￿1$¢. Ibis page thesnot form part of the cknity$ fitunciai ststemen

Ajrtborouzh Flower Hots Trns¢eHI Report for fhe Yur Ended 31 MAr¢h 21124 (contltyts¢dl hll the fvnth oftht chthiy •ff held ln wyJ•ny i18M￿re￿ T•wnts W¢4ulrrd to m•k¢ by th¢ Ghwvlry'l PxpohiihJr¢. wlth thD CACqMlon Of￿￿lITM￿￿r Buthor4d bythp ¢•nmllle4. The rtpon¥ iubm11￿ by thc v4rfLW offlcern 1¢ th¢ m¢alny ¢Mbl¢ Ihv io monltor lh¢ M￿0[10￿￿ to whkh ¢h•diy Tht¢¢¥••rysp•eAn bB iakeTh io miilsllt< rf•k Th¢ ¢￿￿tY mulnwlni * (•Mpr¢henb1￿ thiur•nK yoll¢y whkh PTovSd# fw ••ttd by i Prof￿$40￿ IniuTrn¢e lffok¢r. Slilimenl ofRupon•lbSlbll The ¢nJiitti are Ttspon¥iblc forp￿P￿rIll¥ the tNs¢eei' r¢port TrJ th¢ flNn¢lil italcrnEThii In ae¢oidin¢E with th¢ VDiied Kln8thm A¢￿untIn$ S¢Ondo￿ {Unll¢d KID￿orn Oenerdlly Accept￿ Aw)uhtln$ p￿11￿) 4nd pplkllbl¢ l•w and ￿$￿￿11%￿. Th¢ low 4ppliubl¢ w ¢hthtl•s Yeqwircs the wpr¢p¥ fin￿¢thI thi￿¢nts for eKh fimnciil yw whlth ve o thje And klr view otthe iiltr ofAffilr ofthc chlrtty llnd of the inEominB r¢50yr¢tx 4ppllcoilrm or Tewur¢ts orth• charity forthai PCTlod. In pr¢p4rini ih#¢ Ilnanclol •thl¢men¢•. Lho t￿81￿05 w¢ rwlrtd to.. rel¢¢l witsble t¢ounilb$ poli¢Su then ipply th¢m wwlittiiy obscrv¢ th¢ methodi Dndprin¢ipleJ in the ch￿111￿ SORTr. ￿￿k¢ JvdBcMa￿ ond e5ttmDlrt th1 r¢r¢Dwnllbl¢ And pNd¢th,' 1¢ whether •ppllc4bl¢ D￿D￿nI]n# s￿ndIt￿ havo bEen follorf subleti to rty M￿¢1141 deprtu dis¢loKd 4nd expl4imed ID the fLnDn¢i•l $thttmonth', And PW8Te ihe fiMn¢il $tsi¢mcnts on th¢ 8oin8 ¢Ort¢em b41is tsDlus• li l• I￿pp￿pr1th w ptewm¢ thllt th¢ ¢I￿ty will ¢oniinue inbwinul. Thr trustee$ Me Mpjnjiblc for k¢epiDR proper ￿¢￿￿￿1￿$ TecoTds thii di￿10￿ with re4tonllbl¢ 4¢curncy at iuy timc the finbn¢iAI sx)$ition of the ¢hllTily ond emble them 10 ¢DSU¥t that thE fLnwJcial stlltem¢tsts comply with the Ch•riti¢s A¢1 2011. the ChDrilits (Accounts And Reports) Re￿IllIonS 2008. and ihE ptovlsiotts tyf th¢ COn61iiulion. The mithes are 4150 tesponsibl¢ for ￿(e8￿4rdIn￿ the 08s¢u of the charliy and henoc ftst lakiD% TWOIJBbl¢ thps for the prevention 4nd de￿il0￿or frBwJ And other irregul￿￿tI¢$. Tr ¢nJst¢es Are responsible for the minlenDnce Ind irtieyity of the corpDT& and fm&ncilll inform8tion cluded on th? charithble Compan￿$ website. L¢¥i514llOJI 8ovthin8 th¢ PTtyorniion And diswniMtioD of rin•DEial 81at¢ments m•y differ from Ic8isllltion in other jurisdi¢iLon5. The￿nU￿ ryrt Wl& 8pprov¢dby th¢ trua¢$ of the tlwity on..... . .. •nd si￿1 on its bEhdfby: E Tomjinson This paBe dot8noI fotmpan of the ¢b•ritys ruw￿111 s¢• Page 3

JI M•rtth 2024 IM 14J of ￿ 2011 Ad •thl In ffly all tht •pli¢k 81fft by tht L￿AlY Wbthr I￿•v0 14JiSMblgfaE h¢L IJO of th¢ Aa; •e¢ Out In the awiik• (Actowts wjd RtyThts) 21W rtquitanrrt ex•mln•ilor Ahould be d￿￿) in T¢pon orrtoambkAwperunder*￿lIn$ of th¢ •¢¢o¥M * bt rtKW. A D Onllon￿ FCA Fox Jemiw Cullen Tgrn Hou54 77 Ht8h Strtet West yo￿$birt JS197SP ?atc'. This wt does not fo￿ part of the dwi¢Y5 fIr￿Cial 5tstwnents. Page 4

Jntom¢ EX￿all￿n A¢cotsNi for lh• Yo•T Ended 31 MAr¢h 2024 T•thl 2•24 T¥ 3• J•comv •Ad fr•wt H¢ntsl Iroo IIQ107 110,1 lQ7,619 14 EApt•dlt¥re Mi Chthwble 4dlvkl¢• Twl EX￿￿111￿• Ine•m¢ 12JX iujo 39AJI Olher r¢¢•￿I￿a pl•• •id I•Ho• ¢h•rOi￿1 owm 4 IV•,8JO Icvjijo 408.3S2 ReronelNallop •f fuodi TotAI iYo¥￿t foTrMrd Td•l urTi¢d famrd 4 970 170 10 4970 170 All orth¢ tlthri¢fv Aetlvliltt duv¢ ITrom (¥bfiiinulns operntioMduM4 the ibov¢ Mi pthodi. The breakdomw for 2023 li kn lo 10. The notes 00 pages 7 10 12 fornL iDteBral pan of these finAn¢ial $lat¢ments. Pa8¢ 5

Alrebornuih Flower Fwnd Hom (ReRlitrtlon number: 300553) B•lAttee Shtel •J At 31 M•reh 2024 24 23 Nv1• Fl•d 4M7,MI 4.710.181 Current Invuimen •1 hnk ln Iwnd 221.￿4 225JOS 273.n9 261 J JJ Net ¢urreAt 259 989 4970 170 Fttid• ofth¢¢h•tltyi Unrtsirki¢d lJ¢ow• Unrutrlcitd 4970 170 T•tAI 10 4970 170 Th• on paBu J to 12 w¢ •ppMw¢d by the inty*u, wjd luthori￿ fer iuue OD .. Ind ¥lBned on thEtr b¢h￿r by: E Tomlinson The noie50ll Poges 7 w 12 foym irt intr8ral partof th¢se finan¢i81 sttttemettts. Pa8t 6

Alrebtsrough Mower FuDd HOTD Note to Ihe Flnathell St¢¢ments for Ibe Yur End¢d 31 MArth 2024 Actounllnt polld styiemrni ofcompllhte The finDnual statelllClLts knove btcn prep]￿J In accorda￿￿ with the K￿nded{tIll0 ofthr c￿￿1•Y Ststerne￿ of Rc¢omm¢nthd Prnthice 15swJ In (KYo￿t 2019, the FinDnelol Reportu￿ Stsndwd 4>pliubl¢ LD thr Uniied Kingdom and Rtyub15¢ oflrclondlFRS 102IAnd thr Choriiiu 2011. B•¥li ofpnprndo Airebomugb Nowcr Fund Homes rnttts the d¢finiiion of ll public b¢n¢fil ￿tilY uNJ¢T FPS 102. The xcoutsts 1rinDnci￿ stsiem¢ntsi hDve bcen prepaTed wider the h15￿1￿￿7 vmveniioft with iwny rewised Dt COS¢ or In$￿tion vilue unlcss oth¢rwi stsr#l In th¢ rrlev•mnotrfil wthe¥e ColnE CODCtrn The con$ld¢r thDI there tre no M￿11&1 un¢ert•l•il# the chDri￿5 •billty to a¥ • going concern. JDcomt nd endowmtDts Volunw i$L¢ome including do3￿¢50￿& le8A¢ics and 8fAnts that PTovide Core fundirji or aye of a yn¢NI Datwt is Ye¢o￿lSed when the ¢Jwity kn ¢ntiilem¢ni to IhE ￿Corne. 11 LS PtobAble tbat the incom¢ will rtttived 8nd the caD berne45￿ wtth sufficiut Tejiability. from interest is awjunttd for in the locome and Expendits1￿ A￿o￿l0￿ attAecnl¥b8 Exp¢ndttUTe All expcnthhjte is ¥t¢O8DÉ5ed once thete 18 i Ic801 or ¢tsn3tsuctive obl¢8aison to that exrLnditttye, it is probable ettlejnenl LS reqiiiicd aDd the amount ean be mcasured reliably. All costs are A]locat¢d lo the applicable ¢xpendill￿e headinB that igsrepte suni18T ¢osLs ¢0 Iba¢ cateBOry. Where costs be directly attriknjied to panicular heading5 they have been allrKated on a basis eonsiatnt with the use of rtsourcffj with central 5tsff costs aJI￿trd a¢) th¢ ba5L5 of tirnE spen¢ aNi depteciation th￿¢$ Alloc4trd on th¢ ponion ofthB HSt's use. OthertsupwE Costs ¥re all￿al￿db•s¢d ott the spteBd of stsff tos Re￿Irs •Dd mlllDteDaDte ID Accordance with recommended practi¢t. ILO pro￿51Dn is made for cyclical rtpaiTS asyj theTefor¢ a¢tuBI costs are cb2r8cddirrct]y lo the ujrome and expendiNte accowjt ZDd when incurted. Milor repalrs The A$￿￿latIOn does nN provide for futute major repaits on how4ing Propenies unless they represent or obligatÉon$ ai the BalaDCe Shet¢da whete there 1$ no dis¢te¢ion ¢0 avoid Ihe exFendityre. Th&s¢ include the costs atknbutsble 10 the ¢harity'S compliHn£e with constilutional al￿ slalutory rwyiremcJ)ts. includingaudiL 5tral¢81¢ and th￿1¢¢$ m¢aia8s and teimbwsed ¢xp¢n5¢5. P&8e 7

Alrobor•ygh Flower Fynd Homes Notu to the Fln•n¢ll Stittmenii for th¢ Y¢ar End¢d 31 Mxreh 2024 (Contlnutd) Tx•llo Th¢ li c￿lIdered to> pDs1 the ¢eJth 6Tr p￿8￿ph I S¢h¢dylc 6 of the Flmnce kn 2010 therefor¢ li medi th¢ d¢fDltioM of • ch4Tithble cOrnp￿y for UK ¢or]JtsrtliDD tsx purppei. Ac(ordiDBly. thE ¢horiiy li wcnililly VAemy ftum Its rEiprct of thcorn¢ or Copitlll ttttlved within catCBofiES ¢ovored by c￿pIer 3 PArt I l ofthe Corporn¢iOn Tu A¢1 2010 or SKiion 256 of th¢ TaxNtion of ChllYBubic Galni Aci 1992. 10 ihe exmi thli wrom¢ otitsilli Aro appllcd ¢Aclu91vely 10 chiriiable purpoKs. lThveiifflent properti Inv¢stmeni propenieg tsr¢ r¢vilyed ￿n￿llY by tru¥1￿ ￿ ttfl#i rolr V￿￿¢￿. Trnit¢¢A' vtslutsilom 4Te b•Eed ¢biErvoble mirkei price5. thelr expertiK, ad th¢ knowledg¢ ofTcbulld of•im51v propertSei. N¢wly •C9uirtd property ol￿tI or¢ h¢ld Al cos1 {l.e. equivoltnt io folr valuE ¢Jv¢ to thdr F¢¢¢￿ wuliiiionl uniil ihe lime o(thE revlew. a nol ¢xreedlthi twelve rtvnth Cutyent ll$￿ inv¢sim¢rtb Includ￿ 1¢ th¢1¥￿0(￿¥t ond¢t ￿lIs￿ble v•lN¢lthket ￿l￿r. Caih fid tiih tqulvJle#fS C&5h ¢uh ¢4uiV8l¢nis conjpriio on end coll dwsits, oih¢r #hort-tenn hi¥hly liquid Invcstsnen¢s th•% •r¢ r￿dI]Y ¢onvertibJe to • •rnowt ot¢4th knd Ire lubJ￿ ¢0 ￿ i￿l￿tf￿￿t ri•k of Fund Uwostretcd itjrorne fvnds that AT¢ •v¥ll•bl¢ 4t th• Irul¢¢u dI￿tIOn in tlwthenrtc of thE obj¢¢liv¢¥ofth¢¢hrity. 2 ￿￿endlI￿re thDrflble a¢tlTrltS Unr¥trfrtrd Tvl•l 2024 T*lt•l 1023 101946 101.946 49.702

Alreborough Flower Hom Notd to the FlnAnel•l Stxtements for Ihe YeAr Ended 31 Mrth 2024 (eontlnued) 3 An￿￿11 of8overn•nct4Dd I￿pp￿rt Toil 2024 Gentrl 2023 l￿dep￿dent r ExwvinQtion of the I7￿4￿¢101 iraL¢mn Oth¢r 8overn4nGe 1.410 lJ44 48.358 101.946 49.702 2014 21J23 Examiootion of the finoDEl•l •¢otem¢n 5 T•xMllon The¢h•rity 1$ èr¢8islcred charity and li th¢Tefore exempi tlom ￿X￿IDn.

Alreborough Flower Fuod Hothe5 Noles to the FlnM¢lAI Statemenii for th¢ Yur Ended JI Mrch 2024 (contlnued) 1024 2013 inv¢sthMt J)IYJPtsti¢ 4 801.681 4.710.I6I Jllv¢simrnt propertl Cost orVAIIiHtIoTr Al l April 2023 R¢valuatton 4,710.181 97300 Al 31 Mat¢h 2024 4.807.681 ProTA$lon At 31 MoT¢h 2024 Nei bookw￿￿¢ Al 31 Ma￿b 2024 4807.681 At31 Matth 2023 4.710.181 Thc lustoric41 COSE of th¢ iUV¢Stsj￿t prot*rties.without depttu4tioJ4 wtylldbe£l.428.510(2023- £1.428310). The properties were Y¢vallled in the ye4r by imsur¢rs, as part of a rnnnda¢ory ttiDsl•tement Cost assessmE￿I. This Valu3tion bLsbeenused dir£c￿Y as the trustees consid¢r il the most rea50nablBva]uation available. The itLV¢Slrnent PTQPErty isall freelM>id. ? Curtrtn¢ asset luve$tment3 2023 Catsh depogits 229.974 225.805 8 Cash cash fqulvalents 2024 2023 Cash 43.755 35.528

Alreboroveh Flower FuThd Hom Notes to the Fln•nelAI Sltemertti for the Ye•r End¢d 31 March 2024 (eontlnuedl 9 CrtdltoTh: moMnl• flllTrg dut wlthlj onEyer 2024 2023 Accr￿1• 10 FuTrdi Other rttoKnl•td AIAn¢e •1 I Aprll 20LI Jncomln JI Minb IOU tipendrd Unwtrtcted G¢nornl 4 970.170 114,276 97.500 Other BAlp¢¢ 41 JI March 3023 Remurrti ¢xytnded Apv112022 r¢ourt UnTUtrl¢i•d Oener41 4 $61 618 49.702 4 970.170 11 Analysls olthtt belween thndi Unreilrkled Tot•1 fundi 31 M•T¢h 2024 Fixed 4sseE uives¢m¢nt¥ Cufftni assets CuTrenl liabilities 4.807.6BI 273.729 4.807,681 273,729 1.410 Total Det as8ets Unrvtrltltd G2nerAI Tot*1 funds 31 Marth 2023 Fixed asset invesknrDts Current 055¢ Cutrent li8biliiies 4.710.181 261.333 1.344 4.7IO.181 261.333 To¢al ass¢t8 4.970.170 4,970.170

Alreborovgb Flowcr Fund Hom Notu to ¢h¢ FlnDcIAI Statements for the YeAr Ended 31 Marth 2024 {¢ontlnutd) 12 AD•lyli Al J Aprjl IQ23 Al 31 Mrth 2014 Cash Al bAnk and in hnd Curr¢nl a51e¢ invcstmenLq 35.528 225,805 35,528 225,805 N¢1 dcb¢ 261 J33 261.333 Al l Aprll 2012 At 31 Mr¢ 2013 now$ Cash atbthE and in hthd 57,480 57.480 144.142 Ne¢dcbl 201.622 144.142 $7.480 13 RelAted prty transw¢tlo•s 14 JveslJiient Illco￿t Unrtstrkt¢d fundy G¢ntYAI Tot•) 2024 Toll 2023 Inter¢s¢ receivabl¢ and $tmilaT in￿Me. InT¢St te¢eivable OR b3nk dvposits 4.169 15 Otherlncome Unrutrfeted Cundi Cen¢rAI T•t*l 2024 2023 110.107 110.107 107.689 PD8e 12

iJ• yJo• ijo ¥1 J7.M7 loi tsot PArt oftbe Ch￿￿ts Pl￿ 13