Charity registration number 1010323
YORKSHIRE WOLDS HERITAGE TRUST
ANNUAL REPORT
AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

YORKSHIRE WOLDS HERITAGE TRUST
LEGALAND ADMINISTRATIVE INFORMATION
Tru$lee3
MrRAMill
Mr A Frankland-Barber
MrSJKing
Mr J C Heavisides
Mrs M Cowell
Mrs G SAinsworth
Mr R Kilburn
Charity number
1010323
Principal address
The Gables
Town st￿et
Shiptonlhorpe
Y043 3PE
Independent examiner
Fawley Judge & Easton
Chartered Certified A¢¢ountants
1 Parliament Stree*
Hull
Easl Yorkshire
HU12AS

YORKSHIRE WOLDS HERITAGE TRUST
CONTENTS
Page
Trustees, report
Independenl examinetts report
ststement of financial 8Ctivities
Balan￿ sheet
Notes to the financial statements
6-10

YORKSHIRE WOLDS HERITAGE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 JANUARY 2024
The trustees present their annual report and financial statements for the year ended 31 January 2024.
The financial statements have been prepared in accordance wf(h the accounting policies set OLrt in note 1 to the
financial statements and comply with the trust's constitution, the Charities Act 2011 and "Accounb'ng 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 IFRS 102)" (effective 1 January
20191.
Objectives and activities
The Trust is established for Ihe public benefit for the following purposes in the area of the Yort(shire Wolds, which
area shall hereinafter be referred to as the area of benefit".
{11 To secure the preservation, protection, development and improvement of landscape and features of
archaeological. historical. ecological. geological, geographical and archileclural interest in the area of benefit,
(21 To educate the public in the archaeology, history, ecology. geology, geography and ar¢hite¢ture of the area of
benefit
Nothing in this constitution shall aulhorlse an application of the property of the CS0 for the purposes which are not
¢harrtable.
The trustees have paid due regard to guidan￿ issued by the Charity Commissiors in deciding what activities the
trust should undertake.
A¢hievomonl$ and pèrfornian¢e
Financial review
The financial statements are set out elsewhere in this report.
During the year under review the Company has a surplus of income over expenditure of £71,749 leaving the
company with net surplus of£609,078.
11 is the policy of the trust that unreslricled funds which have not been designated for a specific use should be
maintsined al a level equivalent to bel￿een three and six month's expenditure. The trustees consider that reserves
at this Sevel will ensure that, in Ihe event of a significant drop in funding, they will be able to continue the Irust's
current activities while consideration is given to ways in which additional funds may be raised. This level of reserves
has been maintsined throughout the year.
Structure, governance and management
The trust is a registered charity.
The trustees who served during the year and up to the date of signature of the financial statements were."
MrRAMill
Mr A Frankland-Barber
MrSJKing
Mr J C Heavisides
Mrs M Cowell
Mrs G S Ainsworth
Mr R Kilburn

YORKSHIRE WOLDS HERITAGE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
Appointment of charity trusteos
{1 } At the first annu35 general meeting of the members of the CIO all the charity trustees shall relire from offi¢e',
{21 At every Isubsequentl annual general meeting of the members of the CIO. one-third of the charity trustees shall
retire from office. If the number of charity trustees is not three or a multiple of three, then the number nearest to one-
third shall retire from offi￿, but if there is only one charity trustee. he or she shall retire..
(31 The charity trustees to retire by rotation shall be those who have been longest In Offi￿ Sin￿ their last
appointment or reappointment. If any Iruslees were last appointed or reappointed on the same day those to retire
shall (unless they olhenNise agree among themselves) be detemiined by lot..
{4) The vacancies so arising may be filled by th8 d8cision of the members at the annual general meeting., any
vacancies not filled at the annual general meeting may be filled as provided in sub-clause151 of this clause.,
151 The members or the charity trustees may at any time decide to appoint a new charity trustee, whether in place of
a charity trustee who has retired or been removed in accordan￿ with clause 15 (Retirement and removal of charity
truslees}, or as an additional tharity trustee, provided that the limit specified in clause 12131 on the number of
charity trustees would not as a result be eX￿ded., {61 A person so appointed by the members of the CIO shall
relire in accordan￿ with the provisions of sub-clauses 12} and 131 of this clause. A person so appointed by the
charity trustees shall ￿11￿ at the conclusion of the next annual general meeting after the dale of his or her
appointment, and shall not be counted for the purpose of detemiining which of the charity trustees is to retire by
rotation at that meeting.
None of the trustees has any benefi¢ial interest in the company. All of the trustees are members of the company and
guarantee to contribute £1 in the event of a winding up.
The trustees, report was approved by the Board of Trustses.
rankland-Barber
26 November 2024

YORKSHIRE WOLDS HERITAGE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF YORKSHIRE WOLDS HERITAGE TRUST
I report lo the trustees on my examination of the financial statements of Yorkshire Wolds Heritage Trust (the trust)
for the year ended 31 January 2024.
Responsibilities and basis of report
As the trustees of the trust you are responsible for the preparation of the financial statements in accordan￿ with the
requirements of the Charities Act 2011 (the 2011 A¢l}-
I report in respect of my examination of the trust's financial statements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directsons given by the Charity Commission
under section 145(51{bl of the 2011 A¢t.
Independent examinerfs slatement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting
and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS 102} in preference to the Accounting and Reporting by Charities.. Statement
of Recommended Practice issued on l April 2005 which is referred to in Ihe extant regulations but has now been
withdrawn.
l understand that this has been done in order for financial statements to provide a true and fair view in accordance
with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause lo believe that in any malerial respect..
accounting records were not kept in respect of the trust as required by section 130 of the 2011 Act., or
the financial stal8ments do not accord with those records,. or
the financial statements do not comply with the applicable requirements Con￿rning the fonn and conlenl 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 8 matter considered as part of an independent examination.
I have no co
should
rns and have come across no other matters in connection with the examination to which attention
re
ort in order to enable a proper understanding of the financial statemènts to be reached.
than Leathley
wley Judge & Easton
Chartered Certified Accountants
1 Parliament Street
Hull
East Yorkshire
HU12AS
Dated.. 26 November 2024

YORKSHIRE WOLDS HERITAGE TRUST
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JANUARY 2024
Unrostrictsd
funds
2024
Unrestricted
funds
2023
Notss
Income from..
Oonations 2nd legacies
Charitable actsvilies
Investments
80,422
3,262
9,049
228,178
1.879
15.748
Total Income
92,733
245.805
Expenditure on:
ChaTitsbl6 activities
5,394
3,728
Total expenditure
5.394
3.728
Net gainslllosses} on investments
10
115,5901
59,683
Net income and movement in funds
71,749
301,760
Reconciliation of funds:
Fund balances at 1 February 2023
537,329
235,569
Fund balances at 31 January 2024
609.078
537,329
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

YORKSHIRE WOLDS HERITAGE TRUST
BALANCE SHEET
ASAT31 JANUARY2024
2024
2023
Note8
Fixed assets
Investments
12
352.458
368,048
Current assets
Cash al bank and in hand
256,620
169,281
Net current assets
256,620
169.281
Total assets less current Ilabilltles
609,078
537,329
Net assets excluding pension liability
609,078
537,329
Th¢ funds of Ihè trust
Unrestricted funds
609.078
537,329
609,078
537,329
The financial statements were approved by the trustees on 26 November 2024
-￿i s)
ankland-Barber
Trustse

YORKSHIRE WOLDS HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
Accountlng policies
Charity infomiation
Yofkshire Wolds Heritage Trust is a charity-
1.1 Accounting convention
The financial statemenls have been prepared in a¢¢ordan¢e with the trusvs Igoveming documentl, the
Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland.
{°FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended
Practi￿ applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 20191. The trust is a Public
Benefit Entity as defined by FRS 102.
The trust has taken advantage of Ihe provisions in the SORP for charilies not to prepa￿ a Statement of Cash
Flows.
The financial statements 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 Ihe Slatemenl of
Recommended Practice for charib'es applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulalions but which has since been withdrawn.
The financial statements are prepared in sterling, which is trse fijnctional currency of the trusL Monetary
amounts in these financial statements are rounded to the néarest £.
The financial statements have been prepared under the historical cost convention, Imodified to include the
revaluation of freehold properties and lo include investment properties and certain financial instruments at fair
valuel. 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 expectstion that the trust
has adequate reSoUr￿S to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use al the discretion of the trustees in furtherance of théir charilable
objective5.
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 thal the caprtal must be maintained by the trust.
1A Income
Income is recognised when the trust is legally entitled to it after any performance conditions have been met,
the amounts can be measured reliably, and it is probable that income will be re￿IVed.
Cash donations are recognised on receipt. Other donations are recognised On￿ the trust has been notified of
the donation, unless performan￿ ¢ondition5 require deferral of the amount. Income tax recoverable in relation
to donations received under GiftAid or deeds of covenant is recognised at the time of the donab'on.
Legacies are recognised on receipt or othetwise if the trust has been nolified of an impending distribution. the
amounl is known. and receipt is expected. If the amount is ElQt known, the legacy is treated as a contingent
asset.

YORKSHIRE WOLDS HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
Accounting policigs
(Contlnued}
1.5 Expenditure
Expenditure is recognised On￿ there is a legal or construclive obligation to transfer economic benefit to a
third party, it is probable that a transfer of economic benefils will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activty 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 allocate¢J on the portion of Ihe asset's use.
1.6 Fixed asset Investments
Fixed asset investments are inib'ally measured at transaction price excluding transaction costs, and are
subsequently measured at fair value at each repoth'ng date. Changes in fair value are recognised in net
incorne](expenditurel for the ye8r. Transaction costs are expensed as incurred.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-temi liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balan￿$, are initially measured at
transaction price including transaction costs and are subsequently carried at amorbsed cost using the effecbve
interest method unless the arrangement constitutes a financing transaction. where the transaction is
measured at the present value of the fijture receipts discounted at a market rate of interest. Financial assets
classifièd as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilibes, including creditors and bank loans are initially recognised at transaction price unless
Ihe arrangement constitutes a financing Irans3Ction. where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabiltlies classified as payable
within one year are not amorb"sed.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been aquired in the ordinary course of
operations from suppliers. Amounts payable are classified 8$ current liabilities if payment is due within one
year or le55. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabllitles
Financial liabililies are derecognised when the trust's contractual obligations expire or are discharged or
carn￿11ed.
1.8 Employe¢ benefits
The cost of any unused holiday entitlement is recognised in the pertod in which the employee s SetvI￿S are
received.
Temiination benefits are recognised immediately as an expense when the trust is demonstrably ¢ommrtted to
temiinate the employment of an employee or to provide termination benefits.

YORKSHIRE WOLDS HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
Criti¢al ac¢ountlng estimates and judgements
In the application of the trust's accounting policie5, the trustee5 are required lo make judgements, 8Stimates
and assumptions about the Carrying amount of assets and liabilities that are not readily apparent from other
SoUr￿s. The estimates and associated a55umptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future penods where the revision affects both current and future
period5.
Income from donallons and legacies
Unrestrlcted
funds
2024
Unrestrlcted
funds
2023
Legacies receivable
80,422
228,178
Income from ¢harltable a¢tlvltles
Unrestricted
funds
2024
Unrestrl¢ted
funds
2023
Heading #ac989
Sale of goods
3,262
1,879
Income from investmonls
Unrestricted Unrestricted
funds
funds
2024
2023
Income from listed investments
Interest receivable
8,381
668
15.734
14
9,049
15,748

YORKSHIRE WOLDS HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY2024
Expenditure on charitable activitiOS
Heading
#a¢982
2024
Heading
#a¢982
2023
Dlrect costs
Insurance
Admin - Postage and Website
Sewerby Hall - Vislt & EGM
General Expenses
Visits and lectures
AGM costs
Charitable expenditure heading 7
622
88
1.455
287
682
1,602
1,157
2.362
100
767
5,394
3.728
Analysis by fund
Unrestricted funds
5,394
3,728
Net movement in funds
2024
2023
The net movement in funds is stated after chargingl{creditingl'.
Trustees
None of the trust6es {or any persons connected with them) recEived any remuneration or benefits from the
trust during the year.
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 managomgnt personnel
The remuneration of key management personnel was as follows:

YORKSHIRE WOLDS HERITAGE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
10 Gains and losses on invostmgnts
Unrestricted Unrestricted
funds
funds
2024
2023
Gainslllosses) arising on".
Revaluation of investments
115,5901
59.683
11 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
12 Fixed a8set investments
Ll$ted
investments
Cost or valuation
At 1 February 2023 & 31 January 2024
368,048
Carrying amount
At 31 January 2024
368,048
At 31 January 2023
368,048
13 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and 9rantors as to how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 February
2023
In¢oming
resources
Resources
expended
Gains and Al 31 January
losses
2024
General funds
537,329
92,733
15,3941
115,5901
609.078
Previous year:
At 1 February
2022
Incoming
resources
Re$ources
expended
Gains and At 31 January
losses
2023
General funds
235.569
245.805
13,7281
59,683
537.329
14 Rèlatsd party transactions
There were no disclosable related paty transactions during the year {2023- none).
10