Charlty reglstratlon number 503239
THE ELLA DUNN HOUSING TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

THE ELLA DUNN HOUSING TRUST
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Mr J A Fenwick
Mr P F Wwalker
Mr J C Fenwick
Charlty number
503239
Principal address
34 Myton Road
Ingleby Barwick
Stockton on Tees
TS17 OWG
Independent examlner
Davies Tracey
Swan House
Westpoint Road
Teesdale Business Park
Stockton on Tees
TS17 6BP
Punch Robson Solicitors
34 Myton Road
Ingleby Barnick
Stockton on Tees
TS17 OWG
Sollcltors
Investment advisors
Charles Stanley & Co Ltd
7 Park Row
Leeds
LS15HD

THE ELLA DUNN HOUSING TRUST
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes to the financial statements
5-10

THE ELLA DUNN HOUSING TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The trustees present their annual report and financial statements for the year ended 5 April 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the Trust's governing document, the Charities Act 2011 and "Accounting and
Reporting by Charities.. Statement of Recommended Practi￿ applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102)" (effective 1 January 2019).
Objectives and activitles
The objective of the charitable trust is the provision of housing for aged persons of limited means.
Public benefrt
Publlc benefit
The trustees have considered the Charity Commission's guidance on public benefit when reviewing the trust's aims
and objectives and in planning ￿tUre activities.
Achievements and performance
Significant activities and achievements against objectives
The trustees continue to maintain eight bungalows at Norton, near Stockton-on-Tees, which are occupied by older
people of limited means.
Flnancial review
In the year ended 5 April 2024 there was a net incoming resources of £7,321 (2023: (£14.875)).
Total funds at 5 April 2024 amounted to £1,234,778 (2023: £1,227,457).
Reserves policy
Reserves policy
All of the trusts reserves are unrestricted and held for use as and when it is required.
Structure, governance and management
Governlng document
The charity is controlled by its goveming document, a deed of trust and constitutes an unincorporated charity.
The trustees who served during the year and up to the date of signature of the financial statements were..
Mr J A Fenwick
Mr P F Wwalker
Mr J C Fenwick
Recniitment and appointment of tnistees
when a vacancy occurs, the trustee undertake a skills audit to ascertain what particular expertise and background
is desirable and a search committee is formed to seek a suitable new recruit.
Trustees are given an induction on joining the Board. the content of which is tailored to their particular existing skills
and interests.
The trustees, report was approved by the Board of Trustees.
Mr P F W Walker
Trustee
Date..
L- o G&vgi L£)

THE ELLA DUNN HOUSING TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE ELLA DUNN HOUSING TRUST
I report to the trustees on my examination of the financial statements of The Ella Dunn Housing Trust (the Trust) for
the year ended 5April 2024.
Responslbilities and basis of report
As the trustees of the Trust you are responsible for the preparation of the financial statements in accordance with
the requirements of the CharitiesAct 2011 (the 2011 Act).
I report in respect of my examination of the Trust's financial statements carrted out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Cornmission
under section 145(5)(b) of the 2011 Act.
Independent examiner's ststement
I have completed my examination. I confirm that no matters have come to my attention in connection wrth the
examination giving me cause to believe that in any material respect-
accounting records were not kept in respect of the Trust as required by section 130 of the 2011 Act., or
the financial statements do not accord wrth those records. or
the financial statements do not comply with the applicable requirements Con￿rning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concems and have come across no other matters in connection with the examination to which attention
should be drawn in this report in or
er to enable a proper understanding of the financial statements to be reached.
C Davies
Davies Tracey
Swan House
Westpoint Road
Teesdale Business Park
Stockton on Tees
TS17 6BP
la

THE ELLA DUNN HOUSING TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2024
Unrestricted Unrestricted
funds
funds
2024
2023
Notes
Income from:
Charitable activities
Investments
31,899
13,516
30,210
9,664
Totsl Income
45,415
39,874
Expenditure on:
Charitable activities
57,174
37,089
Total expenditure
57.174
37,089
Net gainsl(losses) on investments
19.070
(17.660)
Net incomel{expenditure) and movement in funds
7,311
(14.875)
Reconciliation of funds:
Fund balances at 6April 2023
1,362.457
1,377,332
Fund balances at 5 April 2024
1.369,768
1,362,457

THE ELLA DUNN HOUSING TRUST
BALANCE SHEET
AS AT 5 APRIL 2024
2024
2023
Notes
Flxed assets
Investment property
Investments
1,010,000
335,575
1,010,000
324.559
10
1,345,575
1,334,559
Current assets
Debtors
Cash at bank and in hand
11
287
25,586
246
29,219
25,873
29,465
Creditors: amounts falllng due within
one year
12
(1,680)
(1,567)
Net current assets
24,193
27.898
Total assets less current liabilities
1,369.768
1,362,457
Net assets excluding pension liability
1,369,768
1,362,457
The funds of the Trust
Unrestricted funds
1,369,768
1,362,457
1,369,768
1.362.457
The financial statements were approved by the trustees on
Mr P F Wwalker
Trustee

THE ELLA DUNN HOUSING TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
Charlty Informatlon
The Ella Dunn Housing Trust is an unincorporated charity governed by a deed of trust.
1.1 Accounting convention
The financial statements have been prepared in accordan￿ with the Trust's goveming document, the
Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland. ('FRS 102°) and the Charities SORP "Accounting and Reporting by Charities- Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The
Trust is a Public Benefit Entity as defined by FRS 102.
The Trust has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash
Flows.
The financial ststements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the Trust. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include certain
financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the Twst
has adequate resources to continue in operational existence for the foreseeable future. Thus the trLBtees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted fund5 are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capitsl must be maintained by the
Trust.
1.4 Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds,
it is probable that the income will be received and the amount can be measured reliably.
Legacies are recognised on receipt or otherwise if the Trust has been notified of an impending distribution, the
amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a contingent
asset.

THE ELLA DUNN HOUSING TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accountlng policies
{Continued)
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to
third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activty. The costs of each activty are made up of the total of dIr￿t costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Investment properties
Investment property, which is property held to eam rentals andlor for capital appreciation. is initially
recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently
it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in
profit or loss.
1.7 Flxed asset investments
Fixed asset investments are initially measured at transaction price excluding transaction costs. and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
incomel(expenditure) for the year. Transaction costs are expensed as incurred.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-term liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial instruments
The Trust has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Trust's balance sheet when the Trust becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balance5, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.

THE ELLA DUNN HOUSING TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accountlng policies
{Continued)
Basic financial liabilities
Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the Trust's contractual obligations expire or are discharged or
cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the Trust is demonstrably committed to
terminate the employment of an employee or to provide termination benefits.
Charitable activltles
Accommodatlon Accommodatlon
2024
2023
Contributions by occupiers
31.899
30,210
Income from Investments
Unrestricted Unrestrlcted
funds
funds
2024
2023
Rental income
Income from listed investments
Interest re￿1vable
7,455
5,962
99
6.750
2,914
13,516
9,664

THE ELLA DUNN HOUSING TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Support costs allocated to actlvltles
2024
2023
Governance costs
1,740
1,560
Analysed between:
Charitable activities
1,740
1,560
2024
2023
Governance costs comprfse:
Accountancy
1,740
1,560
1,740
1,560
Governance costs includes payments to the independent examiner of £1,740 (2023 - £1.560) in respect of the
independent examination of £870 (2023 - £780) and other services of £870 (2023 - £780)
Trustees
There were no trustees, remuneration or other benefits for the year ended 5 April 2024 nor for the year ended
5April 2023.
Trustees, expenses
Trustee's expenses paid for the year ended 5 April 2024 amounted to £573 (2023.. £70)
Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Total
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel was as follows".

THE ELLA DUNN HOUSING TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Gains and losses on Investments
Unrestricted Unrestricted
funds
funds
2024
2023
Gainsl(losses) arising on-.
Revaluation of investments
Sale of investments
16,437
2,633
(17,538)
(122)
19.070
(17,660)
Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
Investment property
2024
Fair value
At 6 April 2023 and 5April 2024
1,010,000
The properties were last valued on 19 November 2021 by C H Burbury & Co.
10 Fixed asset investments
Llsted
investments
Cash and
settlements
pending
Total
Cost orvaluation
At 6 April 2023 & 5 April 2024
310,468
14,091
324,559
Carrylng amount
At 05 April 2024
310.468
14.091
324,559
At 05 April 2023
310,468
14,091
324,559
11 Debtors
2024
2023
Amounts falllng due within one year:
Prepayments and accrued income
287
246

THE ELLA DUNN HOUSING TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
12 Credltors: amounts falling due within one year
2024
2023
Trade creditors
1.680
1.567
13 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These indude
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 6 April
2023
Incoming
resources
Resources
expended
Gains and
losses
At 5 April
2024
General funds
1,362,457
45.415
(57.174)
19.070
1.369.768
Prevlous year:
At 6 April
2022
Incoming
resources
Resources
expended
Gains and
losses
At 5 April
2023
General funds
1,377,332
39,874
(37,089)
(17,660)
1,362,457
14 Related party transactions
There were no disclosable related paty transactions during the year (2023 - none).
10-