ARMLEY DEANERY SCHOOLS CHARITY ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 CHARITY NUMBER .' 1014754
ADMINISTRATIVE INFORMATION ADD CHURCH HOUSE 17-19 YORK PLACE LEEDS LS12EX TRUSTEE LEEDS DIOCESAN BOARD OF FINANCE INDEPENDENT EXAMINER GEOFF PARK CHIEF FINANCIAL OFFICER LEEDS DIOCESAN BOARD OF FINANCE BANKE CCLA INVESTMENT MANAGEMENT LTD SENATOR HOUSE, 85 QUEEN VICTORIA STREET LONDON, EC4V4ET
BACKGROUND AND OBJECTIVES The chartty was established under a scheme by order of the Charity Commissioners from insurance proc6eds of a former $¢hool. The objects of lh8 charity are to provid8 Items, Servi8, facilities and special benefits not normally provided from som6 Other source for the puplls of Hunslet Church of England School and any Church of England voluntary aided or granl maintaSn@d school in the Anglican deanery of Armlay. The current agreed grant level is £18,500 per academic year per eligible school. There are currently two eligible schools being Hunslet Church of England School and Beeston St Luke School. ACTIVITIES DURING THE YEAR The Arnley Deanery Schools Charity (101475411'th& Trust,) gave grants during the year in accordance with the purposes of Ihe Trust's objectives to the value of £37,00012023.' £37,000). Dividends and interest received during the year amounted to £42,725 {2023.' £41,182) giving 8 surplus of recelpts ov6r payments of£5,725 (2023.. £4,182 surplu81. The investsnents showed an unrealisad gain in Ihe year of £37,73812023.' £133,035). Total funds at the end of the year were £1,578,12712023'. £1,534,663} STRUCTURE, GOVERNANCE AND MANAGEMENT The Leeds Diocesan Board of Finance ILDBF) is th8 managing trustee of the Trust. During 2024 grant applications w6r6 r6c6lved and reviewed by the Le8ds Diocesan Board of Educatlon. DECLARATION The Trustees have approved Ih Trustees, report abo Signature Full Name Position Date
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS ARMLEY DEANERY SCHOOLS CHARITY Reg18tered ¢harfty number 1014754 On accounts fortho year andad 3111212024 I report to the trustees on my examination of the accounts of the above charity I'the TrusV} for the year ended 31st Decembar 2024 which are set out on pages 5 to 7. Responslbllltles and ba818 of rèport As Ihe charity's trustees. you are responsible for the preparation of the accounts in accordance with the requlrements of the CharitSes Act 20111"the Act'l. I report In respect of my exemination of th8 Trust's accounts carried out under Seeon 145 of the 2011 A¢t gnd in carrying out my examination, I have followed all the applicable directions given by the Charity Commission undar section 14515){b) of Ihe Act. Indepond•nt examlner's Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kepl in accordance wlth section 130 of the Charitl8s Act,. or the accounts did not accord wth the accounting records.. or Ihe accounts did not comply with the applicable requlr6ments concerning the form and content of account8 Sat out in the Charities (Accounts and R6ports} Regulations 2008 other than any requirement that the accounts giv8 a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with Ihe examination to which attention should bè drawn in thls report in order to enable a proper understanding of the accounls to be reached. Slgnature.. .Date. Geoff Park Chief Finance Officer Le8d8 Dioeasan Board of Finance
ARMLEY DEANERY SCHOOLS CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Total Fundg 2024 Total Funds 2023 Notes Restrlcted Funds In¢omlng resourc88 Donations, legacl8s & slmilar Incoming resources- Investment in¢ome Grants from prior year not cashed Gift from other amalgamated charltabla Trusts Total Incoming resources 42,726 42,726 41,182 42,726 42,726 41,182 Rèsources expended Charitable expenditur Grants payable.. general other expendlture Total re8ources expended 37,000 37,000 37,000 37,000 37,000 37,000 Net incoming resources before transfers 5,726 6,728 4,182 Net incoming resources beforé disposals of investment assets Gains and losses on revaluations and Investmonl assets 5,728 6,726 4,182 133,035 Net movement In fund8 Total funds brought forward at1 January 43,464 43,464 137,217 1,534,664 1,534,664 1,397,446 Total fund8 carA8d fonvard al 31 Docomber 1,578,128 1,578,128 1,534,664
ARMLEY DEANERY SCHOOLS CHARITY BALANCE SHEET AS AT 31 DECEMBER 2024 Notes 2,024 2023 Fixed assets Investsnents 1,526,837 1,526,837 1,489,099 1,489,099 Current aets Debtors Cash at bank and in hand 51,291 51,291 45,565 45,565 51,291 45.565 Current Llabllltles Creditors Not current assèts Total a8sets1oss eurrenl Ilabilitios 1,578,128 1,534,664 Total net assets 1,678,128 1,534.664 Capltal and reserves Restrlcted funds 1,578,128 1,534,664 Totsl Reserves 1,678,128 1,534,664 The notes on Paga 7 fomi part of those accounts. Slgned Full Name Posltlon Datè
ARMLEY DEANERY SCHOOLS CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICY Ba$ls of aceountlng The financial statements are prepared under the hislorfc cost convention as modified by the revaluation of inve8tment$ in a¢cordanc6 With applicable accounting standards and the Statement of Recommended Practice for Charities. Inv&stmonts Investm8nts are stated at Bid Market Value. Realised and Unrealised gainsAoss8s are reflected in the statement of Financial Activilles. Reserve8 The resee8 pollcy is to maintain a deposil account balance which equat6s to one academic years, worth of grant payments. Glv8n that this is equivalent to £37,000 in line with the current agreed grants and should not ordinarlly excèed the annual income, free reserves are significantly above the requlred level. 2. INVESTMENT INCOME 2024 2023 Deposil Fund Interest Dividends Received 1,621 41,105 42,726 717 40,466 41.182 3. GRANTS 2024 2023 Hunslèt St Mary Academy School Beeston St Luke School 18,500 18,500 18,500 4. FIXED ASSET INVESTMENTS 2024 2023 Marketvalue at 1 January Additions Disposals Nèt unrealised Iloss)Igain Market Value at 31 Decemb8r 1,489,099 1,356,064 133035 1489 099 1626 837 No shares were bought or Sold during the year S. RESERVES Revonue Capltal Total Balance at 1.1.2024 Gain I (Loss) for the year Balance at 31.12.2024 45,665 1,489,099 1,534,864 1526 837 1578 128