Charity Registered Number: 801604
HCA Registered Number:A3751
THE CHARITY OF
EMMA RICE AND W E J KNIGHT
(ALMSHOUSE NO.M1664)
ACCOUNTS
FOR THE YEAR ENDED
31st MARCH 2024

EMMA RICE AND W E J KNIGHT
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2024
INDEX
Page
Admi nBtrative Informati)n
Report of the Trustees
Independent Examiners, R8POrt
Accounting Policies
statement of Financial ActivÉties
Balance Sheet
Notes to the Financial Statements
10- 12

A ￿￿ANDwEJ KMGFfr
ANNUAL REPORT ANDACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2024
Page 1
Legal andAdministrative information..
Charity Number:
801604
Almshouse Number:
M1664
A Tr￿MI￿r.
A3751
Board of Trustees:
Robert Goulbourne
George Hook
Bank:
Barclays Bank
Northampton Group
PO Box 23
Northampton
NN14YD
Santander
1 Market Square
Northampton NN1
2DN
Solicitors..
Tollers
1 Waterside Way
Bedford Road
Northampton
NN4 7XD
Independerbt Examiner:
Brenda Peers-Ross
29 Drift Road
Selsey
West Sussex
P020 OPW

EMMA RICE AND W E J KNIGHT
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2024
REPORT OF THE BOARD OF TRUSTEES
Page 2
Admlnistrative Detalls
These are reported on the previous page.
Structure, Government and Management
The charity is an unincorFX)rated association established under the Charty Commissions,
scheme of 5th May 1986 as amended by the scheme of 27th January 1995 and
subsequently the scheme of 11th January 2005. The Charty is also registered with the
Almshouse Assoaation, registered number M1664 and is a registered social landlord with
the Hwies and Communhies Agency registered number A3751.
There were no resignations during the year
Management
The day-t(>day management of the housing Scheme continues to be delegated to EMH
homes wllh whom a new management agreement was signed on 3rd September 2018.
valid for S years. There were rK) thanges to the financial arrangements of the fomRr
agreement.
Govemanco
The current trustees are responsible for the charity. The trustees meet at least four times a
four times a year includes members from East Midland Housing (EMH) who,
under the agreement, take care of the day-to-day management of the charity
EMH reports on any repairs, maintenance, or any major refurbishments needed.
The trustees, are responsible for agreeing to the work and authorisation of at
these meetings.
Public Benefit
The trustees have had regard to the Charty c￿nmIssIOns, guldance on public benefit and,
believe that 'Emma Rice and W E J KnTrght meets these requirements, by providing much
needed am)mmodation to the poor In NorthamFlon.
ObJactlve8 and Actlvltles
The object of the charity is to provide economic accommodation for needy and elderfy
persons who are ideally residents in Northampton. To this end, the Charity maintains
twelve residential units in the two semi4etached properties known as Knight House
the Briers in Collingwood Road, Northampton. The managing agent provides housing
management, tenancy support and maintenance serVI￿S including letting, tenancy
management, rent collection, rent arrears and ￿paIrS ordering, work supervision
and payment of service costs all according to the current agreement.

EMMA RICE AND W E J KNIGHT
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2023
Page3
REPORT OF THE BOARD OF TRUSTEES
Achievements and Performance
During 2022 - 2023 the Charity objectNes were fulfilled with a high percentage of
occupancy of the eleven units.
This was not possible due to voids.
In 2022 - 23 financial year, the Board started the process of planning kitchen
refurbishments with our managing agent by agreeing the repairs and modifications
and the budget.
Financial Review
The loss of unrestricted funds during the year amounted to £50,538 (surplus 2023:
£10,243) of which £44,380 (2023: £37,362) is designaled for repairs and replacement.
This is a reasonable increase over the last year arising from increases in the resident
weekly maintenance contributions (rent equivalent).
Presented and approved by the Board of Trustees at a committee meeting held on
201h November 2024 and signed on their behalf.
Robert Goulboume
ChairlTrustee

Brenda Peer8-R08S
29 Drift Road
Selsey
Chichester
West Sussex
P020 OPW
Independent Examine￿3 Report to the Trustees of:
EMMA RICE AND W E J KNIGHT (Almshouse)
Reglsterod Charity Number:801604
I report on the accounts of the charity for the year ended 31" March 2024. which are set out
on pages 6 to 12 of the financial report.
Page 4
Thi5 report is made solely to the Trustees in accordance with Section 43(3) of the Charities Act
2011. My work has been undertaken so that I might state to the Trustees those matters which I
am required to state to them in an independent examiner's report and for no other purpose. To
fullest extent pemitted by law; I do not accept responsibilty to anyone other than the Trustees for
my work, for this report, or for the opinions I have formed.
Respective responsibilitie8 of trustees and examlner
As described on page 5 the Charity's Trustees are responsible for the preparation of accounts.,
you consider that the audit requirements of Section 144 (2) of the Charitie8 Act 2011 (the Acl)
does not apply. It is my responsibility to state, on the basis of procedures specified in the General
Directions given by the Charity Commission under section 156 of the Act, whether particular
matters have come to my attention.
Basls of Independent ¢xaminer'$ statement
My examination was carried out in accordance with general Direction8 given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and
a comparison of the accounts, present&d with those records. It also includes consideration of any
unusual items or disclosures of the accounts and seeking explanations from you as trustees
conceming 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 lo whether the accounts
present a 'lrue and fair view,. and the report is limited to those matters set out in the stat8m8nt
below.
Indep•ndant Examlner's 8tatem•nt
I have completed my examination, I confimi that no matters have come to my attention..
which gives me reasonable cause to believe that in any malerial respect the
requireTnents'.
to keep accounting records in accordance with Section 130 of the Act;
and
to prepare accounts whlch accord with the accounting records and to
comply with the accounting records of the Act have not been met.
or in my opinion, attention should be drawn to enable a proper understanding of the
accounts to be reached.
Brenda Peers-Ross FMAAT, ACIE
19th December 2024

EMMA R￿EANDwEJ IQ41GFrr
Basls of preparatlon
The financial statements of the charity, which is a public benefit entity under FRS
102, have been prepared in accordance with the Chariles SORP (FRS 102)
Accountsng and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in UK and Republic of Ireland (FRS 102) (issued 1 st
October 2019). Financial Reporting Standards 102 The Financial Reporting
Standards applicable in the UK and Republic of Ireland and the Charities Act 2011,
and the Housing SORP 214, Statement of recommended Practice for Registered
Social Housing Providers and comply with the Accounting Direction for Private
Registered Providers of S¢xial Housing 2015.
The financlal statements have been prepared under the historical cost convention
except for the fixed assets and inveslments which are included at market value.
Emma Rice and W E J Knight (Almshouse No, M1664) is an unincorporated
charity, registered in England and Wales. The registered charlty number is 80104,
The presenlational currency of the financial statements is Pound Sterling (£).
Public Benefit
The objectives and activity of the charity meet the criteria to enable the charity to
be a public benefit entity.
Dlsclosure Exemptions
The financial statements have adopted the following disclosure exemptions..
The requirement to present a statement of cash flows and related notes.
Financial Instruments disclosure including. categories of financlal
instruments; items of income, expenses, gains, and losses relating to
flnanGial instruments, and exposure to and management of financial risk.
License fees and service charges
Li￿nSe fees and service charges are brought to accounts on a receivable basis.
Investment Income
Interest is brought into account on a receivable basis and dividend income on a
receivable basis.

EMMA RICE AND W E J KNIGHT
Page 6
Flxed Assets
Depreciation is calculated to write down the costs or valuation of all tangible
assets by equal annual instalments over the expected useful lives. In the case
of Ihe propety this is 45 years.
The propety is held for the use in the supply of the services conducted by the
charity.
Fixed assets are stated at fair value at the date of revaluation less accumulated
depreciation and accumulated impairment losses. Where parts of an item of the
property have different useful lives, they are accounted for as separate rtems
of property Valuations are conducted every 5 years by professionally qualified
estate agents to ensure that the carrying amount does not differ materially from
the fair value of the asset at the end of the reporting period.
Depreciation methods, useful lives and residual value8 are revIeV￿ at each
balance sheet date. The selection of these residual values and estimated lives
requires the exercise of judgement. The trustees are required to assess
whether there is an indication of impairment to the carrying value of assets. In
making that assessment, judgements are made in estimating value in use. The
trustees that the individual carrying value of assets are supportable by their
value in use.
Investments
Investments are included at market value.
Financial Instruments
Cash and cash equivalents in the balance sheet (financial position) comprise
cash at bank and in hand short-term deposits with an original maturity date of
three months or less.
Debtors and creditors with no stated interest rate and recelvable or payable
within one year are recorded at Iransaction price. Any losses arising from
impairment are recognised in the statement of comprehensive income under
administrative expenses.
Financial liabilities and equity instruments are classified according to the
substance of the contractual arrangements entered. An equity instrument is any
contract that evidences a residual interest in the assets of the entity after
deducting all its financial liabilities.

EMMA RICE AND W E J KNIGHT
Page 7
FOR THE YEAR ENDED 31ST MARCH 2024
PRINCIPAL ACCOUNTING POLICIES
Where the contractual obligations of finanGial instruments are equivalent to a
similar debt instrument those financial instruments are classed as financial
liabilities. Financial liabilities are presented as such in the balance sheet. Finance
cost and gains or losses relating to financial liabilities are included in the SOFA.
Financial costs are calculated so as to produce a constant rate of retum on the
outstanding liability.
Provisions
Provisions for cyclical and exceptional repairs costs and for fixed assets renvwal
and replacement are calculated each year to establish adequate funds to meet
such expenditure. Provisions are made for other committed expenditure to the
extent that it 18 considered necessary to ensure adequate funds are available.
Reserve Pollcies
The current reserve policy is to maintain sufficient cash flow for known
commitment, rePla￿ment of certain assets and building funds.
Risk Assessment
The charity does not believe it is subject to any substantial risk beyond liabilities
disclosed in its Annual Report and Accounts. The charty has public liabilily
insurance to protect it in the case of a claim.
Fundlng Accounting
Funds held by the charity are either:
Unrestricted general funds
these are funds that may be used in
accordance with the charitable objects at the decisions of the Board of
Trustees.
Designaled funds
these are funds set aside by the Trustees out of
unrestricted funds for specific future purposes or projects.
Restricted funds these are funds that may only be used for restricted
purposes within the object5 of the Charity. Restriction arise when specified
by the donor or when funds are raised for particular restricted purpose.

EMMA RICE &W E J KNIGHT.ALMSHOUSE NO M1664
STATEMENT OF FINANCIAL ACTIVITES
FOR THE YEAR ENDED 31ST MARCH 2024
Page 8
ufire¥tflctod Regtrlcted ETrda*mo
Total
Totsl
2023
2024
Incomlnq Regources
Liconce fé88 and serrfrE charges
Interest
Dividends
Sundry r8CeiPts
Total In¢oming Rosourcés
49,529
3,486
49,529
3.486
198
1.088
S4,301
48,522
599
60
1,366
50,547
1,088
54,301
Resourcu EX￿ndId
Window ¢lean8r
Insuranc
Sundrie$ and subscriptions
CVS charges
Indépèndent examin8rs remuneration
emh Homes services and support
Management ¢h8rgo
R8movalions
Depreciation
Total R••ourco8 Expend•d
432
3,472
1,359
820
2CIO
432
3,472
1,359
820
200
270
2.310
414
587
800
14.294
84.282
14,294
84.282
23,704
128,543
12.130
23,704
23,704
23,704
40,215
104,839
Galnsl{10$88s1 on rovalbjation of invaslm8nts
(89)
Net in¢ominW(ex￿ndttUr9)
150,538)
(23.7041 174,242
10,243
Transfer be￿eTh funds
Movement in th• y•ar
(50,538)
(23,704) 174,242)
10.243
Bal3nco at 1st April 2023
363,980
1,434,847 1.798.827 1,788,584
Balanco •t 31•t March 2024
313
1411,143 1,724.5JS 1,798,827

EMMA RSCE & W E J KNIGHT . ALMSHOUSE NO M1664
BALANCE SHEET
FOR THE YEAR ENDED 31ST hlARCH 2024
Pag• 9
UnY•8¢fiGt•d R•*trl¢ied Endownwnt
Tatal
Total
2023
1024
Fixed Assets
Freehold Land and Buildings
Investmenls
1,410,368 1,410,368 1,434,072
776
775
775
1,411,143 1,411.143 1,434,847
Curr•nt A••ots
Debtor8
Bank current account
Busine86 Premlum aGGount
Santander account
FurKls held by omh Group
1.246
4,233
260,065
12,085
36,323
313.g42
1,248
4.233
260,0S5
12,085
36,323
313.942
1,245
4,700
272.298
12.023
74.616
364,880
Croditory - Amounts falllng due
wlthln on• y•or
500
500
900
Net Currnnt As$•ts
313.442
313.442
363.980
TOTAL ASSETS LESS CURREIIT LIABILITIES
1M11,143 1.724,585 1 798.827
FUN08
7&8
11143 1,724,$85 1,798.827
The financial statèments wern approv8d by th8 Trustees tsn 201h November 2024, and
signed on their behalf by:
Robert Goull)ourne
Chairrrru*ts•

EMIAA RICE & W EJ KNIGHT- ALMSHOUSE NO M1664
NOTES TO THE ACCOUNTS
FQR THE YEAR ENOED 31ST MARCH 2024
Page 10
Tanglbh Flxed A$8ets
Frnghold Lxnd
& Bulldlng6
Cost or Valuatlon
At l April 2Q23
R￿￿￿8110n
At 31 March 2024
1,6IXJ,000
1,600,000
D•prncialion
At 1 April 2023
CIFarge for the year
Revaluation
At 31 March 2024
165,928
23.704
189,632
N•t B<>ok Amount
At 31 March 2024
1A10.368
At 31 March 2023
1434.072
The above valuation ￿ given in a quinquennlal inspectlon reported by Andrew Granger & Co, Chartered
SuTveyor8 carried otrt on 4th May 201e bul with the ob8èNation that as the property is Ihe maln
endcnymont of ihe charity any practtC81 application of Ihi6 valuation would bg restricted.
On the hlgtorical cost basis of accounting the propety would be 81@ted 81 a net book value of
£157,275 8131 st March 2024..
Fixtures and frttings have not been c8pltalls•d. The trustees boli8ve that the co818 and efforts
Involved in a8certalnlng Iheir value for inGluswJn in the accounts would be exces8ive in proportion
to the value Involved and it is IherefoTe impractical to Include them.
Flxgd As••ts Inv•8lm•ntg
At
Co•t
2023 & 2024
At
Market Value
2023
2023
660 Taylor Wc*>Jrow PIC shares
Gainl(10gses) on mobl(et valuatlon
165
775
89
775
165
775
In Ociober 2003. Wilson {Connolty) Holding$ vM8 a¢qulred by Taylor Woodrow plc, The offor
included 200p per Share cash and 0.132 new 25p 8hare8 in Taylor Woodrow pl¢.
The cash was received by Ihls charlty in May 2004.
Debtor•
2024
2023
P￿PayMentS
Other- emh Group
1,246
36,323
1,245
74.616
75.861

EMMA RICE & W E J KNIGHT. ALMSHOUSE NO M1664
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2024
Pago 11
Cr•dltors: Amounts falling du• wlthln one year
2024
2023
Oth•r credltor•
Other
ruals
500
51)0
900
900
Provl8lon• and dgslgnatod roMrvas
Oponing
G•nor•l fvb
From
Clo$lng
Fundj h•ld by
lanc• Charity
omh Group
To
Repl8cemgnls F & F
RePla￿ment cleaning •qulpment
Replacement corpets. floor8
Replacement loose furnl8hlngs
Replacement cooker l fridge
Replacement wa$h¢r I dryer
Replaoement Piper system
Rop*emenl Gh8lr11ft8
Boiler I he8tlng system
Rep8irs. upgrades
Euro bins
Fire alami systsrn
Aerial
2.160
443
1,488
4.922
224
3,024
7,424
11,152
4,375
705
25
474
2,885
468
2,885
457
1,960
4,779
224
11
4,922
224
143
(3,024>
1,211
761
8,e35
11,913
4,643
3,524
74
4,345
807
8,549
11,290
86
623
97
600
3,024
3,524
74
4,239
785
43.292
74
4,045
300
23
4,267
22
1,088
ComparaUv• lor 2023 Proviglons and D••lgnatod Re•orv8•
Provl•lon and 0olgnat•d Rejer￿S
Op•nlng
Balan
Clo•lng
Fund8 hold by
B•l•nc• Chartty
omh Group
From
To
Replacement8 F & F
ReplarAm¢nl cleaning equiprneni
Repl0￿ment carpets, floors
Repl￿ment IoL)8e fumi$hing$
Repla¢ement cooker l frKlge
Replacemenl wa¥her I dryer
Intomal redecoratSon commuTral
Replacement Piper syst8m
Replacement chair lifts
Boll¢r I heating 8￿tern
Euro bins
File 818m system
Aerials
1,455
418
1,012
4,922
224
3.024
705
25
474
2,160
443
1,486
4.922
224
3,Q24
2,180
431
1,486
4.899
224
3,024
12
223
e.213
10,391
4,106
74
3,746
761
36.346
1,212
761
268
7,425
11,152
4,374
74
4.Q45
6.033
10,483
4.254
74
3,908
586
1,392
120
299
23
137
198
2.751
40,113

EMMA RICE & W E J KNIGHT- ALMSHOU8É NO M1664
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2024
Pago 12
Unrestr￿t￿ Funds
N4)t••
Broughl
Not
Forward Movpmonto
Transf•rn
Carrlgd
Forward
Provisions I deslgnaled funds
General fvnds
40,113
323,88
383,979
4,267
154,805
SO,S3B
44,380
269,061
Com￿ra￿V• for 2023 UnT•4tr1ctsd Fundj
Brought
N•t
FoThrnrd Mov0mgnt•
Trarffjfarn
Caffl¢d
Forward
Pfovi8ion8 1 designated funds
General funds
36,346
293,597
329,943
3,767
30,269
34,036
40,113
323,866
363,980
Endowm•Trt Fund•
Endowment lunds comprlse Investments that have been bequeathed to the chgrity in legacie8.
8rougl* Mo¥•monl¥ Mt)Y•mgnl•
FO￿￿d
In
thang• In
Mark•1
V•lu
TMMl•r•
C•nl•d
Fornard
Inve8trnent8
Property fund..
- at NBV on hlslortcal c061
- revaluation reseNe
775
775
158.408
1,274,684
1.434.847
(2.133)
21.571
23.704
157,275
1,253,093
1411,143
Comparativ• for 2023 Evdovnnont Fund•
Brouglrt Mov•m•nts Plov•ffl•nb Ckn4ny• In
Forward
Ou¢
rk•t
Vall
TraMf•rn
For*ar¢
Investment9
Property fund:
- at NBV on histerical c081
- revaluation reserve
864
{89)
775
161.541
1,29e.235
1,458,640
(2,133)
21,571
23,704
159,408
1.274,664
1,434,847
89
Tru•t•ts and Employee
The Charity has no pai¢J employe8$12023: nil empbyoesl since Ihe property is rnanag￿ on beha￿ of
the Ttuslees by the emh8 group.
The Trusto0s alo nol remunerated and total expendlture reimbursed to the Trusts￿ amounted to £nil
(2023: £nil Temuneiation$ and wpenses reimbursed).
9 UIUmat¢ Controlllng Party
The Gharity is under the ultimate control of its Trustee$ who are narned In the Annual Report.