PLATTEN AIYD BENSON
ALMSHOUSE CHARITY
ANNUAL REPORT AND
FINANCIALSTATEMENTS
FOR THE YEAR Ef4DED
31 DECEMBER2025
X¢inadin
Dalton House
9 Dalion Square
LANCASTER
LAI IWD

PLATTEN AND BENSON ALMSHOUSE CHARITY
INDEX
FUR THF YEAR ENDED 31 DECEMBER 2025
Index
Legal and AdEnKnistrative Inforniation
Annual R¢porl
Independent Examiner's Report
Receipts and PayTnents Account
Statement of Assets and Liabiliti¢s
N￿eS io the f•inancial Statements

PLATTEN AND BENSON ALMSHOUSE CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DFCEMBER 2025
Charity Registration Nurnber
500)74
Governing DocumeTht
The pl￿￿￿ and B¢twn Almshouse Charity is regislered with the Charity Commi5sioTh¢rn (No. 5(K)574) and constituted
by a s¢heme ol. the Charity Commissiun ddied 4 January 1974.
The Chariry is administered and managed by th¢ Trus¢¢¢s of Lancdster Charity (No. 213461) UDd¢r a variation
of the scheme dated 10 December 1981.
Trustees
The Trustees, six ofwhich are appoini¢d by Lancaster City Council. are as follows-
chaim￿n
Mr R W CaTradice
Other Members
Darne P Fielding
MtE S E Hodgsc*n
Mr C Hanna
Mr A Sandham
Mr5 P Barker
Rev L Vasey-saunders
Ms N Combe
{Retir¢d 30 April 2025)
{Resigned 31 July 2025)
Appointed by
Lancaster City Council
Coun¢illor D Brookes
Councillor R Redfern
Councillor K Budden
Councillor J Pritchard
Councillor P F Tynan
Councillor L Belcher
B9Dkers
Bar¢lay$ Bank PIC
38 Markct Str¢ei
Lan&￿ter
LAI IHR
Imdependent Examiner
T M Preece FCCA
Xeinadin
Dalton House
9 Dalion Square
Lanca51er
I,AI IVID

PLATTEN AND BENSON ALMSHOUSE CHARITY
ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2025
Objects, organisation and policies
-The Charity was founded for the benefil of the people of Morecambe. Councillor Benson and Councillor Platten gifted
the money which built the r￿St altnshuuses known as 1-8, PlaLien Grove, Morecambe. Sinc¢ th¢n the Clwity has built
two further properti¢s- Nos. 9 and 10, Platt¢n Grov¢.
The objeci of the Charity, fvr th¢ public benefiL is to provide housing for'poor aged persons residing in the Borough of
Mor¢carnb¢ and H¢ysham" dnd to apply any 5urylus inLQme for the ben¢lit of th¢ aimspeople in such a manner as the
Trustees think fit.
The residents are exp¢¢L¢d to ¢ontributr iowards ih¢ ¢osL of mainthining the almshouses and essential services.
The day to day Thnning of the Chariry is don¢ througb the Clerk to the Trustees.
Reserves policy
The Lhdrity mdintiin5 suificient free reseTves to enable them to coyer on¢ yeals fixed 4md administrative expenses and
any maintenance costs. Free reserves as ai the year-end were £112.144 (2024- £113,434).
Review of developm¢nt, activity and achievements
Occupancy remained at IOOO/o overall following 2 vacancies and subsequent new appO￿￿llents. The 2 properties required
partial refuthishmenl prior to relettin8.
The works identified in the pr¢vious finan¢ial period ww¢ a¢rion¢d. Numben 9 and 10 rcccived an Upgr￿1¢ duc to th¢
roofs being at th¢ ¢nd of their life and also ihe requirement fo improve the themial prop¢nies of the buildings.
The Quinquennial Inspections look place in Summ¢r 2025 and a ￿tUre progrdmme of works will be rolled out
accordingly.
The charity has sufficient funth to meet its liabilities.
'I'he trustees considw that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to
the public benefit guidance published by the Charity Commission.
Financial review
The rnark¢t value of funds held in inyeslments increased by 2.80/0 this year du¢ to fiwther improvement in the market
geiierally.
'Ihere are siill Sufficient amounts held in Èhe funds lo comply with the requirement in the Governing Document for an
Exlrdordinary Repair Fund for th¢ purp05e of providing for the extraordinary repair, improvement or rebuilding of
almshouses belonging l(Tr the Charity.
Mr R W Carradice
Date..
lu-k1￿ Afn) 1010

INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF THE PLArrEN AND BENSON
ALMSHOUSE CHARtTY
report to the charity tLUStees on my examination of the accounts of the charity for th¢ for the year ended
31 December 2025 set out on pages 5 to 8.
Respon$ibilities and b4si$ of r¥purt
As the charity's ITU5tees you are responsible for the preparation of the accounts in accordance with the r¢quir¢m¢nts of
the Charities Act 2011 ('the Act.).
I report in respect of my examinalion of the chArity'S accounts carried out under section 145 of the Act and in carying
out my examination I havc followed all ihe applicable Directions given by th¢ Charity Commission under section
145(5)(b) of the Act.
Independent examiner's Statement
I have compleied my examindtiun. I confiTtn that no mat¢rial Tnattcrs have ¢om¢ to my attenÉion in connection with the
examillation giving me cause to believe that in any material respect.
ac¢ounting records were not kept in respect of the charity as Tequired by Section 130 of the A¢t' or
the accounts do nol accord with those records,. or
the account5 do not comply with the applicable requirements concerning the fonn and conteTrt of accounts set out in
the Charities (Accounts and Reports) Regulaiions 2008 other than any requirement that the accounts give a 'tNe
and fair vicw, which is not a mattcr Conside￿d as part of an indcp¢nd¢nt cxamination.
I have no ¢onccrns and have come across no other matters in connection with the examination to which att¢ntion Should
be drnwn in this report in order to enable a proper understanding of the accounts to be reached.
Tm PrféiL
T M Preece FCCA
Xeinadin
Dalton Hous¢
9 Dalton Square
LANCASTER
LAI IWD
Date..

PLATtEIY AND BEIYSON ALMSHOUSE CHARITY
RECEIPTS AN'D PA YMbN rs ACCOUNT
FOR'fHL YEAR ENDED 31 DLCbMBER 2025
G¢n¢ral Purpos¢$ Fund
2025
21124
Noies
Illcome receipts
AnK)unts ¢oll¢¢ted from resi(knts
3&364
39,876
Ir)vestsnenl Inwjne
Bank intcrcsl rcccivablc
Jncom¢ from inv¢stm¢nts
940
3J19
796
3.418
4,214
Asset and invt>lm¢Dt Mlrs
15,tMJo
Totsl receipts
57129
44.V90
Total payments Isee Page 6)
59.119
25.446
Net 5urplusl(thfieit) for the year
(1.289.76)
I8.￿4
Cash and bank balatKcs at
31 Dcccmbcr 2024
113.434
94.790
Cash bank b#l#Dce5 as at
31 De¢ember 2025
112.144
13.434

PLArrEN AND RF.NSON ALMSHOUSE CIIARITY
RECEIPTS AND PA YMEIYTS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 202S
Gèneral Purposes Fund
2024
Di￿( thiritable ¢ipeNditure
Pruperty Tepairs
Extraordinary repairs
Gr&ss culling and gardening
Proptrty insuianc¢
Waier ¢harg¢s
Cowi¢il I
Heat and Light
29,953
15,000
5,676
1.395
4,203
482
233
13.170
5.400
.357
3.659
56,942
23,585
Other exp¢ttditure
Management exwJs¢s
AcLE)un¢4n¢y
Subscliptionb
Surt41ry
Mutui and travel expenses
312
967
365
45
488
312
i.oiy
353
89
88
2,177
1.861
Totsl pgym¢nts
59,119
25.446

PLATTEN AND BEP4SOIY ALMSHOUSE CHABJTY
STATEMENT OF ASSE'fs AND LIABILITIL8
AS AT 31 DECEMBER 2025
2025
UDru¢riced
funds
21124
Unre5triced
funds
C*sh fund$
Ilarclays community account
Bar¢lays high int¢r¢st bu5inr&5 awounl
37,057
75.087
42.812
70,022
112,144
13.434
Curr¢nl
Valut
Investmewt assets
Fund
Cost
V¢rrnanent
ndthwment
Pctn]anLiII
Endowm¢nt
xtraordinary
Rcpair Fund
Lxtraordinary
Repair fund
3.65l.09 (:harities Official Investment I'und (Colfl irKome shares
1,872
70.546
10.341 M&ti Investm¢n¢ Clwity Multi Ass¢t intt)m¢ siwrts
101
10.695
399.872 M&CJ In￿￿trnCllt Charity Multi accurnulation sharcs
1579
56.353
62 M&G Inv¢sim¢nt ('.harity Multi a¢¢umulation shares
8.738
1.777.98 CharitjC5 Otfjcial Inve51mcnt Fund ICOIFI inconK shaTCS
General fuThd
5.561
34.354
As5et5 for the charity's own use
'und
Currtnt Vglue
P¢rtndneni
Endowm¢ttt
1-10, Pl￿ten GrovLlln MoreLambe
Valued 4ih May 1995
200,000
Currewt Li2bilities
Fund
Amoun¢ du¢
2024
Acwuntancy
Gertrd Fund
875
814
Approved bytk'l n]st¢es and s]￿ed on their beh￿f by
Mr R W Carradice
TTUStee
O...aL,. ILkK l 10 2

PLA￿F.rI AND BF.P4SON ALMSHOUSE C.FIARITY
NOTES TO THE ACCOUNTS
FOR THE ITAR ENDED 31 DECEMBER 2025
List of r&Eidents
No. I
M8 Yvonnt Hutton
No. 2 Mr Peter Stevenson
No. 3 Mr Briun M¢Camley
No. 4 MT5PatriciaBr(
No. 5
MTS gylvia Ikwar
No. 6
Mrs Mari& Andersson
No. 7
Mrs &Js8n Dye
No. 8
Mr John Mccamley
No. 9 MT Nigel Andy Ford
No. 10 Mr Howard Harri5th1
Investments
Inv¢stmtnt lth¢om¢
2025
2024
mark￿ Vslue
2024
ENdowment funds
3,651.0() COIF Income share5
10,341 M&G Chatity Mulli As5¢t
2.071
440
2.017
419
70.546
10,695
74.093
Extraordinary repair fund
462 M&G Charity Multi Assd
65.091
69,022
General fynds
1,777.98 COIF Incom¢ shgrcs
1,009
982
34.354
36.081
3.519
3,418
180.686
188,795