Whitb Merchant Seamen's Hos
ital Houses
5tered Chari
No. 508014
HousRn
Cor
oration No. A4029
Financial Aecounts for the Year Ended
31 December 2024

Whitb Merchallt SeaD]en's Hos
ital Houses
FinaDcial Accounts
For Tbe Year Ended 31 December 2024
Contents
Trustees Report
Report of the Independent Examiners
Income and Expenditure Account
Balance Sheet
Notes to the Accounts

Whitb Merchant Seamen's Hos
ital Houses
ort of the Trustees
The Trustees present their report together with the financial statements of the Charity for the
year ended 31 December 2024.
Princi
al Activi
and Taxation Ststus
The principal activity of the Charity for the year under review was that of being a registered
social landlord. The charity is registered under number 508014, and has a tax exempt status.
Trustees
The Trustees during the year were:
Capt G K Thomson
Capt M Eglon
Mr E Matthew
Capt S Pringle
Mr D J Millar
Statement of Trustees Res
ODsibilities
Housing Association and Charity legislation require Trustees to prepare Financial Accounts for
each financial year which give a true and fair view of the state of affairs of the Charity as at the
end of the fmancial year and of the surplus or deficit for that period.
In preparing the Financial Accounts. suitable accounting policies have been adopted and
consistently applied, to the best of the Trustees, knowledge and belief, by reference to
reasonable and prudent judgements and estin￿teS.
Applicable accounting standards have been followed.
The Trustees are responsible for maintsining adequate accounting records, for safegU￿ding the
assets of the Charity and for preventing and detecting fraud and other I￿egulatities. The
Trustees are also required to indicate where the Financial Accounts are prepared other than on
the basis that the Charity is a going concern.
On beh
of tbe Truste&s
Trustee
Trnstee
24 Marc
2025

Inde
endent Examiner's Re
ort to the Trustees
Of Wbitb Merchant Seamen's Hos
ital Houses
We report on the financial accounts for the year ended 31 December 2024 on pages 3 to 8.
Respective Responsibilities of Trustees and Examiner
As described on page l the Charity's Trustees are responsible for the preparation of Financial
Accounts. It is our responsibility to e￿an]Ine the accounts under section 145 of the Charities
Act. to follow the procedures laid down in the general Directions given by the Charity
Conllnission (under section 145(5)(b) of the Charities Act) and state any particular matters that
have come to our attention.
Basis of independent examiner's statement
Our examination was carried out in accordance with general Directions given by the Charity
Cornmission. An examination includes a review of the accounting records kept by the charity
and a comparison of the accounts presented with those records. It also includes consideration
of any unusual items or disclosures in the accounts, and seeking explanations from the trustees
concen]ing any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit, and consequently no opinion is given as to whether the accounts
present a 'true and fair, view and the report is limited to those matters set out in the statement
below.
Independent examiner's statement
In connection with our examination, no matter has come to our attention
which gives us reasonable cause to believe that any material respect, the
requirements:
to keep accounting records in accordance with section 130 of the Charities Act.
to prepare accounts which accord with the accounting records and comply with
the accounting requirements of the Charities Act have not been met. or
to which, in our opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Wasley Chapman LLP
Chartered Accountants
5 Bobbles Bank
Whitby
North Yorkshire
Y021 IEF
24 March 2025

Whitb Merchant Seamen's Hos
ital Houses
Income and Ex
enditure Account
For The Year Ended 31 December 2024
Not&, Unrestricted
Funds
Restricted
Funds
2024
2023
Turnover
95,165
95,165
93,648
Net Operating Expenses
Administrative Expenses
32.902
32,902
262,080
eratill
Sur
lus
62262
62,262
(168.43?)
Interest Receivable & Other Encome
2,714
2,714
2,335
Surplusl(Deficit) on Ordinary A¢tiviti&8
Before and After Taxation
64,977
64,977
(166.096)
Transfer5 To (From} Designated Reserves
Extraordinary Repair Fund
Cyclical Maintenance Fund
Routine Maintenance Fund
10
li
12
19,394
20.000
16,606
(i6.000}
19,394
20,000
16,606
(56.000)
(5,60?)
(79. j 8?)
7,973
77,011
Sur
lus for the Year
8,977
8,977
(89.085)
Statement of Retained Sur
lus
Retained Surplus Brought Forward
Surplus (Deficit) for the Year
333,421
8,977
333,421
8,977
422,506
(89,085)
Retained Sur
lus Carried Forward
342,398
342,398
333,421
None of the company's activities were acquired or discontinued during the above two fmancial years.
There were no Tecognised gains or losses other than the profit or loss for the above two fllmicial years.
The notes on pages 5 to 8 forni part of these accounts.
Signed on b
If of the Trustees
crnts)
(Trustee)
Approved by the Tn￿teeS on .
24 March 2025

Wbitb Mereballt Seamen's Hos
ital Houses
Balance Sheet
As At 31 December 2024
Notes
2024
2023
Fixed Assets
Housing Properties
Fixtures and Fittings
739,677
6,358
746,036
739,677
7.065
747.i27
Currellt Assets
Debtors
Bank Accounts
2.78)
468.208
470,993
11.6?01
427,i47
427,547
Crediton .' Amounts falling due within one year
Net Current Asgets
469.373
425,997
Total Assets Less Current Liabilities
1,215,409
1,172,739
Funds- Unre5trieted
Income and Expenditure Account
Extraordinary Repair Fund
Cyclical Maintenance Fund
RoutÉne Maintenance Fund
R¢valuation Reserve
342,398
209,067
l12.165
112,461
439.318
1,21i,409
333,421
200,000
loo,000
loo,000
439,318
1,172,739
io
12
li
Signed on
h&lf of the Trustees
(Tn￿tre)
(rA￿ee)
Approved by the Trustees on .
24 March 2025

Whitb Merchant Seamen's Hos
it21 Houses
Notes to Accounts
For the Year Ended 31 December 2024
l. Accoulltln
Policies
The accounts have been prepared under the historical cost convention and in accordance
with the statement of recommended practice for social landlords.
Housing Properties
Housing properties are stated at Valuatio￿ see note 6.
Tangible Fixed Assets
Depreciation is provided at the following annual rates in order to write off each asset over
its estimated use￿1 Iife:
Fixtures and Fittings 10 % on net book value
Housing Properties Not depreciated
The company has a policy and practice of regular maintenance and repair of housing
properties, so that their value does not dimimsh over time. The trustees consider that the
remaining useful economic lives of the housing properties are in excess of 50 years, and
that any depreciation charge would not have a material impact on the financial statements.
Cash Flow Statement
The Charity has taken advantage of the exemption provided by Financial Reporting
Standard l and has not prepared a Cash Flow Statement for the Year.
Turnover
Represents rents receivable from housing units (Note 13).

Whitb Merchant Seamen's Hos
ital Houses
Notes to Accounts
For the Year Ended 31 December 2024
2Em
lovee Information
2024
2023
Honoraria
11,684
11,690
The average weekly number of employees during the year was as follows:
2024
2023
No
Office Staff
Other
3 Administrative Ex
enses
2024
2023
Honoraria
Committee Room Expenses
Phone, Printing Stationery and Advertistng
Subscriptions
Security Charges
Propety Repairs
Insurances
Sundry Expenses
Accountsncy
Professional Fees
Depreciation
Bank Charges
11,684
932
127
1,180
11,177
675
2,804
1,869
1.620
11,690
1,195
237
715
6,902
234,916
2,750
1,204
1.550
706
127
32,902
785
135
262,080
4 Interest Receivable & Other Income
2024
2023
Sundry Income
Bank Interest Received
Grants & Donations Received
115
2,22l
2,714
2,714
804
eratin
Sur
lus
2024
2023
The Operating Surplus is Stated after charging:
Propety Maintenance
Depreciation of Tangible Fixed Assets
Honoraria - note 2
Accountancy Charg¢s
22.983
706
11,684
1,620
234,916
785
11,690
1,550

Whitb Merchant Seamen's Hos
ital Houses
Note5 to Accounts
For the Year Ended 31 December 2024
6 Housin
Pro
erties for Lettin
Total
Cost or Valuation
At 31 December 2023
739,677
Improvements in Year
Net Book Value
At 31 December 2024
739,677
The housing properties were revalued by Bell Snoxell Associates, a firm of professlonal Chartered
Surveyors. The valuation has been based on the properties existing use. The housing properties
were originally stated at the cost of improvements incurred on the properties, in the absence of an
original purchase price, at £655.243, less associated housing association grants of £352,561
7 Fixtures & Fittin
Total
Cost
At l January 2024
Additions
At 31 December 2024
26,927
26,927
Depreciation
At l January 2024
Charge for Year
At 31 December 2024
19,862
706
20,569
Net Book Value
At 31 December 2024
6,358
At 31 December 2023
7,065
8 Debtors
2024
2023
Prepayments
2,785
2,785
9 Creditors
2024
2023
Amounts falling due within one year:
Accruals
Creditors
1.620
1,550
1,620
1,550

Whitb Merchant Seamen's Hos
ital Houses
Notes to Accounts
For the Year Ended 31 December 2024
10 Extraordina
air Fund
2024
2023
Balance at start of year
Transfer to (from) fund in year (page 3)
200,000
9,067
205,602
(i.60?)
Balance at end of year
209,067
200,000
I I C clical Maintenance Fund
2024
2023
Balance at start of year
Transfer (from) to ￿nd in year (page 3)
100,000
12,165
179,382
(79,J8?)
Balance at end of year
112,165
100.000
12 Routine Maintenance Fund
2024
2023
Balance at start of year
Transfer to fund in year (page 3)
100,000
12,461
92,027
7,973
Balance at end of year
112,461
100,000
13 Rents
2024
2023
Rents Receivable
95,165
93.648
14 Homes and Beds
aces
2024
2023
Number of units in management
20
20
15 Revaluation Reserve
2024
2023
Balance at l January 2024
Revaluation during the year
Balance at 31 December 2024
439.318
439,318
439,318
439.318