THE KNOLL CHARITABLE TRUST 2 SPA COURT PARK STREET RIPON NORTH YORKSHIRE HG4 2BX
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023
| CONTENTS | PAGES |
|---|---|
| GENERAL INFORMATION | 1 |
| TRUSTEES REPORT | 2-3 |
| STATEMENTOF FINANCIALACTIVITIES | 4 |
| BALANCESHEET | 5 |
| NOTESTOTHEACCOUNTS | 6-8 |
| INDEPENDENTEXAMINER’SREPORT | i] |
| DONATIONS | 10 |
FINAL
28/06/2024
THE KNOLL CHARITABLE TRUST REGISTERED CHARITY NO: 1111966
General information for the year ended 31 August 2023
TRUSTEES
ADDRESS:
ACCOUNTANTS:
INDEPENDENT EXAMINER:
Mr B Price Mrs E Price Mrs T C Lyons Mr M J Price MrJ F Price 2 Spa Court Park Street RIPON North Yorkshire HG4 2BxX
Eura Audit UK The Old Chapel Coltsgate Hill RIPON North Yorkshire HG4 2AB
Mrs Rebecca Scullion ACA 12 Princes Square HARROGATE North Yorkshire HG1 1LY
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Page 1
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THE KNOLL CHARITABLE TRUST REGISTERED CHARITY NO: 1111966
TRUSTEES REPORT
The Trustees present their report for the year ended 31 August 2023.
GOVERNING DOCUMENT
The Trust’s governing document is a Declaration of Trust dated 1 November 2005.
TRUSTEES
The following served as Trustees during the year:
Mr B Price Mrs E Price Mrs TC Lyons Mr M J Price MrJ F Price
OBJECTS
To or for such charitable purpose or object as the trustees may from time to time determine in particular but not exclusively the relief of poverty sickness and distress, the advancement of the religions of Christianity, Judaism, islam or Hinduism that are recognised as charitable in English law, the advancement of education and the preservation and protection of health by the provision of grants. The relief of sickness and the preservation of health among children, young people and adults. To assist in the treatment and care of children, young people and adults suffering from mental health or physical illness of any description or in need of rehabilitation as a result of such illness, by the provision of facilities for work and recreation. To promote and protect the physical and mental health of sufferers through the provision of financial assistance, support, education and practical advice. To relieve sickness and to preserve the health of the sufferers by providing or assisting in the provision of equipment, facilities and services (not normally provided by the statutory authorities) and/or ancillary to those provided by the doctors. To preserve and protect the health of sufferers by providing and assisting in the provision of facilities, support services and equipment not normally provided by the statutory authorities. To advance the education of the public in health care by the provision of lectures, for and by the publication of newsletters devoted to healthcare.
PUBLIC BENEFIT
The Trustees confirm that they have regard to the guidance issued by the Charity Commission on public benefit.
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MAIN ACTIVITIES
The main activity of the Trust is receiving and examining applications for assistance and making grants accordingly.
MAIN ACHIEVMENTS
The main achievements of the year were to consolidate the Trust's financial position and to maintain the level of donations made.
POLICY ON RESERVES
The Trustees have decided that an appropriate level of reserves is a minimum of one year’s expenditure and grants. The Trustees consider it appropriate to hold this level of reserves because, in the event of an unfortunate occurrence, this would enabie the Trust to have at least one year in order to be able to reorganise its finances.
At the end of the year £832,148 (2022: £965,377) was held in reserves. The Trustees consider this amount to be acceptable.
FUTURE PLANS
The Trust intends to continue to make grants those appeals and charities, as the Trustees decide.
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On behalf of thg Trustees:
Mr Barrie Price
Date: alteoAlt
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THE KNOLL CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 AUGUST 2023
| Yearended | Yearended | ||
|---|---|---|---|
| 31August2023 | 31August2022 | ||
| . | |||
| UNRESTRICTED FUNDS |
UNRESTRICTED FUNDS |
||
| £ | £ | ||
| Note | |||
| INCOMING RESOURCES | |||
| Voluntaryincome Rental income Interest recelvable TOTALINCOMINGRESOURCES |
90,000 3,600 2,936 96,536 |
138,925 1,800 650 141,375 |
|
| RESOURCES EXPENDED | |||
| Charitable activities -Donations Governancecosts Interestpayable TOTALRESOURCESEXPENDED |
3 | 206,921 15,560 7,284 229,765 |
51,133 27,547 5,495 84,175 |
| NETINCOMINGRESOURCES | ~133,229 | 57,200 | |
| OTHER RECOGNISEDGAINS | |||
| Revaluation ofinvestment property | - | - | |
| NETMOVEMENTINFUNDS | ~133,229 | 57,200 | |
| Totalfundsbrought forward | 965,377 | 908,177 | |
| TOTALFUNDSCARRIEDFORWARD | £832,148 Ree |
£965,377 Fd |
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THE KNOLL CHARITABLE TRUST YEAR ENDED 31 AUGUST 2023
NOTES TO THE ACCOUNTS
NOTE 1: BASIS OF PREPARATION
1.1 Basis of accounting
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The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (FRS 102) applicable to charities preparing their accounts In accordance with the Financial Reporting Standard for Smaller Entities published on 16/07/14, the Financial Reporting Standard for Smaller Entities (effective January 2015). Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes(s).
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1.2 Change in basis of accounting
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There has been no change in accounting policies (valuation rules and methods of accounting)
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since last year.
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1.3 Changes to previous accounts
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No changes have been made to accounts for previous years.
NOTE 2: ACCOUNTING POLICIES
2.1 INCOMING RESOURCES
Recognition of incoming resources
These are included in the Statement of Financial Activities (SoFA) when:
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The charity becomes entitled to the resources;
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- The trustees are virtually certain they will receive the resources; and - The monetary value can be measured with sufficient reliability
Tax reclalms on donations and gifts
Incoming resources from tax reclaims are included in the SoFA at the same time as to the gift to which they relate.
2.2 EXPENDITURE AND LIABILITIES
Liability recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
2.3 ASSETS
Tangible fixed assets for use by the charity
These are capitalised if they can be used for more than one year, and cost at least £500.
They are valued at cost or a reasonable value on receipt and revalued as necessary by the trustees. Freehold land and buildings are not depreciated because they are investment property.
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THE KNOLL CHARITABLE TRUST YEAR ENDED 31 AUGUST 2023
NOTES TO THE ACCOUNTS (continued)
NOTE 3: EXPENSES
| 31.08.23 | 31.08.22 | |
|---|---|---|
| £ | £ | |
| Numberoftrusteeswhowere paidexpenses | None fd |
None Ea |
| Governancecosts | 31.08.23 | 31.08.22 |
| £ | £ | |
| Lega!costsandbankfees reCharityBankloan Bankcharges Bookkeepingandadministration Propertyrunningcosts Insurance LightandHeat Interest Paid Rates |
1,545 103 2,022 8,940 2,433 497 529 -509 |
2,689 15 4,818 20,025 ~351 159 191 0 |
| £15,560 = |
£27,547 [SSE |
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THE KNOLL CHARITABLE TRUST YEAR ENDED 31 AUGUST 2023
NOTES TO THE ACCOUNTS
(continued)
NOTE 4: FIXED ASSETS
Investment property Freehold land & bulldings
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|||||||||
|---|---|---|---|---|---|---|---|
|Coltsgate Hill|11 Low St.|St Wilfrid's Old|landatPalace|35|Kirkgate|Total|
|ChapelRipon|AgnesgateRipon|School House|Road,|Ripon|Ripon|
|£|£|£|£|£|£|
|Balance|b/f at 1 September 2022|350,000|0|250,000|30,084|225,000|855,084|
|Disposal|-|-|-|-|-|.|
|Balance|c/f at 31 August 2023|£350,000|£0|£250,000|£30,084|£225,000|£855,084|
|i|rd|rl|wna,|
|NOTE 5: CREDITORS AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|31.08.23|31.08.22|
|Mortgage|£|£|
|Charity|[Bank]|[loans]|.|0|0|
|97,376|122,903|
|RT£97378|£122,903.|
|The mortgage was fully|repald|in the year.|
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NOTE 6: TRANSACTIONS WITH RELATED PARTIES
Certain of the trustees are also trustees of the Slouand Limited Pension Scheme (SLPS),
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|||||
|---|---|---|---|
|31.08.23|31.08.22|
|The following balance existed|at the end of the year:|£|E|
|Amount due to SLPS including accrued|interest|£0|£0|
|interest payable during the year|£0|£102|
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THE KNOLL CHARITABLE TRUST INDEPENDENT EXAMINER’S REPORT FOR THE YEAR ENDED 31 AUGUST 2023
! report to the trustees of The Knoll Charitable Trust for the year ended 31 August 2023, which are set out on pages 4 to 8.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts and consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the 2011 Act”) and that an independent examination is needed.
It is my responsibility to:
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° examine the accounts under section 145 of the 2011 Act; ° to follow the procedures lald down in the General Directions given by the Charity Commission (under section 145(5}(b)of the 2011 Act); and
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° to state whether particular matters have come to our attention
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Trust 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 you as Trustees concerning 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 falr” view and the report is limited to those matters set out in the statement below.
independent examiner’s statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that, in any material respect :
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e the accounting records were not kept in accordance with Section 130 of the 2011 Act; or
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e the accounts did not accord with the accounting records; or e the accounts did not comply with the applicable requirements concerning 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.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a T.23proper understanding VictoriaP. Jones & Ave, Co LLPHarrogate ofthe accounts HG15RD to“FawkessepaDate: .6!28UwsaseecsagsaseaceanesatenesseteseceorsAwano AG Page 9 eeeoe
THE KNOLL CHARITABLE TAUST YEAR ENDED 31 AUGUST 2023
| DONATIONSTOBENEFICIARIES | DONATIONSTOBENEFICIARIES | ||
|---|---|---|---|
| Charity | t | £ | |
| AchlevedDreams AfghanistanandCantral AlteFalpeTrust Armonico Consort 6.W. Price-DisabledNeeds Boxesof Basics British PoHoFellowship BylandAbbey CAFOD Calm Caring forLife CathedralConcertSociety CatholicCare CatholicCommunications CharteredAccountantsLivery Childrenof theME CitkenGo Clothing Disabled Dalsles KidsClub OloceseofLeedeStWilfrid's Dixon Funeral DoughsBader Orama Expretsions East Africa Disaster Appeal Emily'sStar EnglishHeritage FreedomKitBags FriendsofMarkenfleld GtiCommunity GoodCounselNetwork Happy&HastthyTrust HarewoodHouseTrust Italien Flood Disaster JDenison-Pender JaneKendrick JennyruthWorkshops JervaulxCharity dustKidding LakelandHospice LeedsDiocese -Choir LeedsDiocese -YouthServices Leeds Diocese -Peru Mission LennoxChildrensHospital Life LifeLeague Life Organisations LourdesPligrimage LymphomaResearchtrust MPrice - SchoolSusPass MACS Eyes. N&SMiistedMemorials NellendSonya Newby Hail Newtite Disabled No JudgementSpace NRAS OpenBoots PacesShetfiekt ParishofSanLorenzo Prevent2Protect PriestTrainingFund Pulmonary Fibrosisaction Reading forthe Blind RighttoLie Charitable Trust RiponAmateur Operatic Society RiponCathedralAppeal RiponChoralSoclety RiponInternational Festival RiponMuseurnTrust RiponPoetryFestival RoyalBritishLegion Sell |
. | $1,08,25 250 500 250 - 19,600 380 250 - 1,250 230 500 250 10 10 . 250 4121 230 275 150,000 20 280 250 250 250 207 250 318 20 380 250 80 25 : 250 - . 458 - 50 260 10 105 1,250 250 110 1,000 a0 800 250 - 1735 - 250 250 250 100 250 18 230 40 20 250 750 $0 1,540 247 600 500 250 - 230 |
91.08.22 - 230 - 200 7,300 - - 40 1,000 . 200 - . 380 “ * - - - - . . . - 83 300 200 200 - ri - 500 . 19 15 - 150 - - - 250 1,000 . - “ - 800 250 4,563 - 102 730 - - - 280 . bd ~ - 200 600. 50 1,560 150 350 Soo 100 10 - |
| SequelTrust SouthmeadProjact SpaGardens SparksofSuccess StAldans StCathsHospice StMichaelsHospice StRobertsRCChurch StWitrid's Stonescre SunnyDaysChildren TheBrainCollecttve |
“ - - 250 15 250 250 - 9,090 2,645, - 672 |
100 200 200 - . - . 30 7,855 - 200 - |
|
| TheCatholleUnion TheMayorofRiponeCharity TheYorkshireFilmArchhve TurningComers UkraineAppeal UpNAway VidaHailNursingHome Wakefield Hospice WhoopsadelsyBrighton Wortd Mission YMCA Young& Inspired Zichron ZviTrust ZSVTrust |
240 - 300 250 - 500 - 610 250 - 30 250 500 250 ee 208,022 |
240 100 290 - 290 200 18,850 - - 10 - * - 200 ——— 31,183 |
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