REGISTERED COMPANY NUMBER: 06778628 (England and Wile9) REGISTERED CHARrrY NUMBER: 1127838 REPORT OF THE TRUSTEES AND FINANCtAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2023 FOR SCARGILL MOVEMENT DSC A¢0tants Ltd Chart¢red AciOWLlants StatsJlDry Auditor5 Tdllersall House East Parade Ham)gale North York<hir¢ HGI 5LT
SCARGILL MoVENT CONTENTS OF THE FINANCIAL STATENtENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Page Report of the Trustees Report of the Independent Auditor$ Statement of Flngncial Acthitles Staternent ofFln&ndal Position 10 ststenjent of Cgsh Flow5 Note5 to the StAtement of Cash Flows 12 Note5 to the FlnAn¢lAI StHtements 13 to 25 Detalled Ststement of Financial Acdvltles 26 to 27
SCARGILL MONTMENT (REGISTERED NUMBER.. 06778628) REPORT OF THE TRUSTEES FOR THE YEAR KNDED 31 DECEMBER 2023 The trustees who are also direLlors of the charity for the puTroses of the Cotnpani£s Act 2CQ6. preient their rwrt the financial 51alement5 of the ¢harity for the yfJr ¢t)ded 31 DeLeJnber 2023. The tn]slees have adopted the pmvisions of Accoulltin8 ld Reporting by Chatilies,. Statement of Recottunended Pra¢iic¢ applic4ble to ¢hariri¢s pi¢paring their accounts in accorJ&nce with the Finan¢ial Reporting Standard applicable in the UK and Republic of Iieland (FRS 1021 {effective I January 2019}. OBJECTtVES AIYD ACTIVITIES Objectlves and actltIeS The purpose of the charity is to advan¥e the Christian faith and to advan¢ education through the PTOVlliOn of a community of people to live out relevaiit authentic exprL%%ion of the Christian faith in Icday's world through their life together. The activity is to continue to develop Scargill House. K¢ttlewell. a[ to rnain10 a Tebid¢nt Cotnmunity who will offei g excellent standard of hospitality and spiritU81 renewal to gues15 in the conferenbe celltre. Under the strap line"lIv shared. lives transfomJ¢d" the agr¢ed aim is:_ - to show the hospitrlity of Gcd io all and io shar¢ liv¢s changedby faith,. to Send our gutb15 honi¢ with new vision 8rtd puryose", - to model and proinote Te5ponsible st¢w.dshIP of cr¢ation' - to hold on to Quality, SiJnpli¢ity and Brdury in the fillther developments of our buildings as well as our life together,. and - to help guesls and conununity alike to gain and be ertrich by a vision for ¢ottllnunity in on indiwdu8listic 50Gl¢ty. This wll be implemented by offering at Scargill House'.- - a resident, Cating group of peoplc with pr2y¢r at their h¢art' - hospitslity to irtdividu2ts group$. - challenging pTogramm¢s and ouldoor a¢liviti¢$ ¢sp¢¢ially for yowi8 people. resources and tiaining for Chti81ian mission and service" - opportunitics for ciealivity andpersonal developnient. and a conununitypractl%lDgboth ecologiG&l And 5uNldinable sl¢R'atdship of God's ¢[tIOn. Public benefrt The Council confimied they have complied wth their duty to have due regard to the guidance on public benefit published by the Charity conun1.%10ll in exerci%ing theiT powers 8nd diities. As outlined eailiei in this rcspcLL our Christian faith is lived out in today's world by our care of pwple as well a5 the crcatioii with which we are entrusia. We provide bursary fi]nds for all thtsse un&bl¢ to afford t¢gular frts atd hold 5pccifi¢ ev¢nlS foi people on the nMrgin5 of society as well a5 welconiing them at Any t16. W¢ are comitted to ¢on$Ve the ¢arth'5 Tcwurces by reducing our cbOn footprint with our Biom&8s Boiler and ener ¢ontrols Ènd work Nationd Park Authority in our wcrt)dland manag¢m¢nt plan. Our walled gatden accts¥ible to all is a hidden getn within tlie Quiet Garden SLlieJiie. Our chapel lift projec4 compla¢d in 2016, and plans for development cottfinn our ¢ontinuittg committneni to enable slep-free a¢¢csS to the whole of the scar11 sile. Page I
SCARGILL MOVEMENT (REGISTERED NUMBER.. 06778628) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 ACHIEVEMENT AM) PERFORMANCE The ac£ounts for 2023. &8 in previous years, are heart warming and ellcouTaging. the final r¢sults far better than OUT budgeted forecastl The treasure chcst of friends and supporttrs. in which we are humbled and de¢ply thankfi]I, continues. With th¢ir 5UPPOrt which is more than just financial the mini.4ty &t Scatgill cojitinues to flournqh. Th¢ Kingdom of God is relational with the love of God zt the heart so we b¢lieve wholeheartedly in'liv¢s shar¢& lives ttansfomied Its8 at the centre,. As we mentioned in last year's report we began ow Phe 7 building proje¢t in the Spring of 2023. This has involved mostly the major refutbishmeni of the Marsh Lounge which include a new Toof, windows. heating sy51¢m, floor and AV eouipmenL W¢ ]Yplaced ihe witoN'S in die Old House and the Sun Loiinge as well as sorting th¢ roofing on both buildings. We also have a new car park wlth ¢hargirtg points for el¢Gtri¢ cars and a new se&Be system (very iinportsntl). The cost ofphase 7. completed in Spring 2024. wa5 alx)ut 1.6 million pounds the fijnduig priniarily from fri¢nd$ and 51iPPOrters of Scargill given over a few ye&r5. The buildinE pn)j¢¢ts are never an end in thenwlves,. they are to lfil the ministy of Scargill. The Conllnunity has grown over the last year which ba5 eDabled us to lift the nwnb¢r of gwsls which we Gan aicommodale. It is a joy to se¢ th¢ house back to being full a¥ain with no K5trirtiOllS. It has bccii wonderful to welcome niany Gliur¢h¢s for their w¢ekcnd away as are ]n&ny yowig PeA)ple coining on 0r Swiiincrfc5t progran)me and others coming At oih¢r tines txperiellcing th¢ peac¢, prayer and solitud¢ of Scargill in our midwe¢k proarlS - wthin a stay ai Scargill th¢r¢ is an inwiitstioii to be renew in the love ofGod. We are so les1[ to God's faithfvl lov4 and we look forwwd to contitiue to show that love wth a wami and 8eneroi welcome for a]1 those who come throiigh our doots now and in the future. FINANCtAL REVtEW Financial revlew Thc total in¢omuJg resourccs were £1,349,555 alld res)urces exp¢nded amoullted to £1,924,917, l¢avill8 a net 'defi¢it' of £575.362 (surplus. of £262.274 in 2022) less a loss on inC$trntrtts Df £nil {£62,209 la4s in 20221 givin8 a totsl loss of £575.362 conipar¢d to 8ain of £200,065 in 2022. Total fvnds to Cary fonvard now siand at £2,814,162 at the end of 2023 compared to £1,389,524 at the end of 2022. The dctailed fjgures are shown on pages 13 to 25. urtricted donatiolls and 1¢8acies nOUnted to £626,710 compared to £34S,8tKI in 2022. On top of that we reccived anotheT £59,292 in rcstricted d0JtIOnS as shown in note 20 and £nil in gov¢rnmtJit 8rants1£4.000 in 20221. We received £611,380 in ¢onference ftts and sales from gucsts1£519,852 in 2022). C051s of £1,885,705 1£639.320 in 22) were expended in providing and mainlakning the conference facilities and COTnniunity.We wniinue to benefit fron) the Bionia%s Boilcr inbtalled 2013 which cnables us to achievc sub5t8ntial re4ucrioiis in OUT healing ¥OSts &8 WCII as reduce OUT carbon footpiint. We continue to b¢n¢fil from revenue under the R¢n¢wable Heal Incentive OiHII payment schenie although we havc experienced problen)$ wih the melerin8 of energy produLiion and usage. The income of £20,000 i5 a ¢ODs¢rvative ¢8timale of the arnourtt uliinydiely r¢ceivable for the period. Our bud8ets for the next two years Show reducng deficits on our confertnce piogtainme fimded by an cncouragiDg str¢am of gifts at)d iegular donations which also help our otlgoing building reftubishnientprogrdIiJD¢. Re5erTres pollcy Thc Charity continu¢s to make SIlfi¢llt inv¢srm¢nts in its buildings &td plant which stand, after depreciatio at £2m. We have planning perniission for a furtjier Substantial refvrbishmtnt of the piopety and a progranune to r&is¢ whai is likely to be in exctss of £IO¥n to financc the development. A new phase of this work w95 uodenv3y in 2023 rc>wlting in a reduLlion in designalcd cash rcscrves. In the meantiii)e the ongoing mirtiry of Scargill i5 continuing and the Council believes that at l¢ast three months. cxpcnditure should be kept in Tcserve to provide working capitsl. At the end of 2023. the e5tiFnaied requirement for working capital was £120,000. The Council beli¢ves that the current funds are sutYi¢ient to finance the next thTe¢ months but regular donaiions are still encouraged to siipport the on8OlllS coInmurtity mini$ty and development at Scargill. The Finance and Bu5ineb5 con11#et reviews the teserves itt the light of tlie operational r¢sults and on80ing refuibi5hmcnt on a quarterly basis to ensure adequate reserves are mainiained. The tru5tec5 b¢liev¢ that the reserves are adequate to cope with any continuing impact of lits on guest nUTnbers but ke¢p under rc8ulaT review the effect on rcscrves a5 well as th¢ impact on the con}1ty and the fi]turc developnient Wtstk. The Council is grateful to the mary supporters who hÈve Ven flljancial and proyeT SUPPOrt during the year and to working friends who have helped with practiC815UPPQrt. P88¢ 2
SCARGtLL MO&TTvtENT (REGISTERED NUMBER., 06778628) REPORT OF THE TRUSTEES FOR THE YEAR KNDED 31 DECEMBER 2023 FINAF4CIAL REVIEW Ind¢rnnity insuran¢e The charity paid itL8uranu premiums to indemnify the council from aiJy105s arising from n¢gle¢t or defaults of council or staff and any cOjquent logs. STRucfuRE. GOVERP4ANCE AND MANAGEMENT Governlng docurnent The charity is cotttrolled by its governing documcnt, Memorandum and Arh¢l¢s of Asscciation, and consti1¢$ a limited con)pany, limited by guaiantee. os d¢fin¢d by the CoAipalli¢s Act 2006. Org#n15atlonal Structure The council. who ate also directors and Ste£S olthe chariry, meets on a bi-nonthly basis to ]eM¢w progress. M¢mbers of the ¢oinp&ny are a150 ¢oun¢il members and are listed below and are Mlly involved in the decision5 of the charity. The Bi$hop of tLcd5 the Chair of the ¢oun¢il of the Ltt Abbcy Movement are eaknh entitled to noniiiiate two council members. The council shall {unl¢ss oiherwisc determiiied by ordinary Tesolutionl number not less than Six. New ¢tberS appoittted by ordinary re501utiO]L All couttcil meJnbcT5 receive appropriate inducuon and training in resm of th¢ir tole. RJ$k The council maintains a r¢gister and regul8rly reviews the rs8ks which face thc ¢lJarity &% well as carryTrn8 Out a fvll rik reiryew antJually. Thc council has a finance committe£ that preparc5 a budget and me¢lS bi- monthly to report and monilor the ongoing financial p051tion and to teview the MeeS in place to tigle finanGral and tsposure to other major risks. REFERENCE AND ADMtNtSTRATtVE DETAILS Reglstered Company nutllber 06778628 (England and Wale51 Reg15tered Charlty number 1127838 Reglstered office S¢arbrill House Keitlew¢ll Skipttsn North Yorkshire BD23 SHU Pagc 3
SCARCILL MOVEMENT OiEGESTERED NUMBER: 06778628) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Trustees Sister Jcvlyn Carter Rt Rev Chri$lophcr Edinondson Chaimwj (resigned 211612023} Mr John Fell Ir¢¥igned 191412023) Mr Anthony H&t%¢lwoc41 vIc Chairnip Revd Canon Catoline Hewlett Revd Canon Feli¢iry Lawbon Chairman {from 211Q612023) Capt Andy Milne Irthigned 81212024} Mr St¢ph¢n Weatherley IT¢sign¢d 221iir20231 Rcv Hil2ry Yowig {[CbIed 191412023) Mr Anihony Allison lapp)intd 1914120231 Dr A]thw Arnold (appointed 2Q120231 Mr Simon Browming (appointed 191412023} Mrs Jane Fatdon (appointed 2111112023) Revd Peler Gunsion¢ Mr Tllnothy Proudler{appoinled 211612023) Revd Ali50n Rwhe (appointed 2116120231 Auditors DSC Accounianis Ltd Charteied Accounwits Statutory Auditors Tattetsall Hous¢ East Parade HaTtogaie North Yorkshire HGI 5LT So]icitors Napthens 7 Winkley Square Prcslon PRI 3DJ Banker5 Barclay5 Batjk Pl¢ 49 High Street Skipton BD23 IDH The Co-opetlltive Bank P.0. Box 250 Delf House Skelmeisdale WN8 61 CCLA 80 Che&pside London EC2V 6 DZ P2ge 4
SCARGILL MOVEMENT (REGISTERED P4UMJER.. 06778628) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DEcEIBER 2023 STATEI¥IENf OF TRUSTEES, RESPONSTBILrttES The ttwlees {who a also the direciors of Scargill Mov¢ment for the purpose5 of conipally law) are rLspoDsible for pryaring th¢ R¢Jx)rt of the Trllslees and the financial slaleinents in 8CordanCe with applicable law and United Kingdom A¢cDunting Standard8 (United Kingdom Geneially Accq)led Accounting Practice) including Finan¥ial Reporting Standard 102"The Financial RertIng Standard applicable in the UK and Republicof Ireland" Company law Tequires thc tNslec5 to prepare financial Slal¢m¢nts for each finan¥ial year which give a trne and fair view of the state of affain of the charilable company and of the inconiing re>ollfies aL)d application of rcsourc¢5. including the income and cxpendiwre, of tlie charitabl¢ wjiipany for ihat perlod. In preparing thoie finanGial slat¢m¢nts, the trusiees are requir¢d to select suitable a¢¢outJtin8 poIiG1¢5 And then apply thein ¢onsist¢ntiy' obsctve the methods and principles in the Charity SORP. niakejudgements and eslimales that are redsonable and pent. prepare thc finan¢ial slaiements on the 80ing concem blqis unless it is inappropriate to presume ihat the chalitsble CopanY will continue in business. The tn]stec5 are rcsponsible for keeping proper aocounting records which disclose with rcasonable accuracy at any time the financial position of the chari18ble company and to enable iheji) to ensuTe that the financial 5t4iemenls comply with the Companie5 AGt 2006. They are also responsible for saf¢guarding tlie 8¥1$ of the charit&ble company aJMI hence for t8kn.ng r¢asonable steps for the prcvention and delection of fiaud and other irre8ulaTilies. In 50 far as the tsv¥lecs aware.. tiKie 15 no relevattt audit infomialion of which the charthtable compangs auditors are unaivare. and the tNstees have iak¢n all si¢ps that they ought to hav¢ takctt to niake then7]VeS aware of any relevant audit inf0mtion and to esiablish that the auditors are aware of that inf0mtIon. AUDITORS The auditors, DSC Accountants Ltd, 11[ be prowed for re4ppointsnent at the forthcoming Annual General Meeting. Approved by order of the board of trL]srtts on 23 July 2024 and signed on its behalf by.. Revd Can - TnL¥lee Pa8e S
REPORT OF THE INDEPEf4DENT AUDITORS TO THE MEMBERS OF SCARGILL MOVEIIAENT (REGISTERED NtfMBER: 06778628) Opinion We have audii¢d th¢ financial siaiem¢nts of Scaigill Movtmejit (the 'chatiiable company) for the y¢ar ended 31 D¢ccrnb¢r 2023 which comptise the Stal¢m¢nt of Financial A¢tivilies, the Statement of Financial Position, the Sialement of Cash Flows and noi¢s to the finanla7 Sl4il¢menls, incliiding a swiuxmry of significant 8¢¢ountinB policie5. The finan¢ial repoJtin8 franiework that has becii applied in their preparut&on is applicable law and Unittsj Kingdom Accounting Standards (United Kingdom Generally A¢iePted Accounting Pra¢ti¢e), including Finan¢ial RcpDrhn8 Stsndard 102 'The Financial Reporting Siandard applicable in the UK and Republic of [land,. tn our opinion the financial sialement¥.' give a true and fair view of the siale of thc charitBble Companls affairs as at 31 De¢¢mber 2023 and of its incoming rcsour¢¢s and &pplicitlion of resollrce5, including irs in¥OJI)¢ and expendiwre, for th¢ year then ended. hav¢ bccn properly prepared irt oc£ordAnce with United Kirtgdom Generally Accepted Accounting Practice. including Fillallcial Reporting stsd[d 102'The Financial Repotting Stsndard applicable in the UK and Republic of Ireland and hav¢ been pi¢pared in accord#n¢e with the re4uirtments of the Companies Act 2006. BAJI8 for oplnlon We conduL-ted our audit in accoidance wth Tnltrnatlonal St8ndÈrds on Allditing (UK) OSAS IUK)) and appli¢3ble law. Our r¢sponsibilities under those btandards are furthcr described in tlie Auditors, iesponsibiliti¢g for the audit of the fin8n¢ial slat¢meJxis scction of our report. We are independent of thc charitable compgny in &¢¢ord&nce with the ethical r¢quiTem¢nts that are relevant to our audit of tlje financial slal¢mertis in the UK. including the FRCS Ethical Siatjd8rl and we have Irilled our other ethical resllbi1ltitS in arrordance with these requiiements. We believe that the audit evid¢n¢e w¢ have obtsincd is 5uffiGi¢nt and appropriate to prowide a basis for our opinio Conclusion5 rel8ttng to golng conetrn In auditin8 the financial slar¢rtJenl4 we have concludal that the in]stees' use of the going ¢onvrn basss of aountillg in the preparalion of the finArt¢ial &lalcmcnts is appropri8t¢. Based on the wot we h3ve perfonned. w¢ have not identified any material u]ertaInueS r¢lating to events or conditions that, individually OT coll¢ctiv¢ly, may cast significant doubt on th¢ ¢harilable coinpgny's 8biliry to continuc as a going concern for a period of at le&sttwelve nionths from when the fiDancial Stsl¢m¢nts arc authoris¢d for i&w¢. Our rLspDnsibilities and the r¢sponsibilitie5 of the trusiecs with respcct to going wn¢¢m are d¢Kribed in the relevant sections of thi5 report. Other information The trustees responsibl¢ for the other information. The other infomation compriscs the infom)ation included in the Annual Retor¢ otheT than th¢ fittattcial 5talcmeuts and our ReFN)rt of the Indcpcndent Auditor5 th¢r¢on. Our opinion on th¢ fllwicial slal¢Jncnts does not ¢over the other infomiation and, ex¢epl to th¢ ¢xl¢nt otherwise explicitly 5th1ed in our repo wc do not expic¥s any fomi of conclusion theieotl. In connection 1th ow audit of thc financial Stslen)ents, our SpOnsIbl11ty is to t¢ad the other information 8nd. in doing so, consider whctlier the other infomwtion is materially inconsistent with the financial 5talemEnts or our knowledge obtained in the audit or oihejwise appear5 to be rt)al¢rially MIlated. If w¢ identify such material InOD51St¢nclts or appateni n)2l¢rial tnisslAlenots, we arc requiroj to detemiine wheth¢r this gives rsse to a niatla1 mi*s&i¢m¢nt in the financial Sthl¢m¢nts then)selves. If, based on the work w¢ have rtrfonned. we conclude ihat there is a n]aleri81 Tnisstsletnent of this olh¢r jnfomi&iio we ar¢ r4uircd to report that fact. We have nothin8 to report in thi5 regard. Oplnlon$ other mgtter5 prescribed by the Companles Act 2006 In our opinson, based on the work undertaken in the ¢ourse of the audit.. the infom)aiion wven in the Report of the Tnkqlees for the finatlcial yw for which the fllwicial 5t&lcments are prepared is ¢OnSl8ieni with the fllEanciaJ bial¢ments' 8rtd the Report of the Trustees ha5 been prepared iti accordance with app1)ble l¢g21 requirements. Pa8e 6
REPORT OF THE tNDEPENDENT AUDm)RS TO THE MEMBERS OF sCARGL MOVEMENT OIEGISTERED NUMBER: 06778628) Matters on which we are required to report by exception In th¢ lisht of the knowledge and undetilanding af tlie charit8ble company its environment obtained in the course of th¢ audii, we hav¢ not identified material mik%idlcments in the Report of the TNstees. We hive nothing to report in typect of thc following n)att¢rs where the Compani¢s Act 2006 r(x1T¢s US to report to you if, in our opinion.. adequate aceowiting records have not been kept or rettms adequate for our audit have not been received from branchc not visited by lis. OT the financial siolements are not in agreem¢nt with the accounting records and rthms. or certain disclosures of trusiecs. rununeiation specified by law ate not made,. or wc have not Ttived all t]1¢ infomigtion and explanations we requi for OL aiidit- or the trusie¢s were not elllitled to takc adVlIage of the naLl companies exeInption from the requir¢]ttent to plare Strategi¢ Rwrt or in preparing the Report of the Trustees. Re5POll5ibilities of trustees As explained nsore fi]Ily in the Statement of Trustees, Responsibilities. the tru51ees (who are also the directors of th¢ charitable conipany for the purpose5 of conjpany lawl are rc5pon5ible for tbe preparation of the finan¢ial slalLment5 and for being sali.4fied that tliey 8ive a true and fair vicw, and for sii¢h intemal control a5 th¢ tn]siecs deitrni&n¢ is lleGe%ry to efiable theprepajalion of financiol $lam¢nts that are free fro malerial missiat¢Ji)en¢ wheih¢r due to fraud or error. In preparing the fancial st4il¢meDls, the tNste£s are ponSIble for aeSg the chariiable company'5 ability to Continue as a going concer disc105ing* ¥ applicable, n]attets related to Boing concern and using the 80in8 concern basis of a¢¢ounting unless th¢ ttees eitheT intend to liquidate the choritsble ¢ompany or to ctase operdtion.4, or have no reali%ti¢ alkmaiive but to do so. P&8e 7
REPORT OF THE INDEPENDENT AUDrroRS TO THE MEMBERS OF SCARGtLL MOVEMEF4T (REGISTERED NtiMBER: 06778628) Our re5ponslbilitiU for the audlt of the flnan¢iY41 $t2tements Our objectives are to obl8in tcasonable aèsurdlicc about whether the finan¢i8151atements a5 a whole are frtt from material mi&%tal¢nient. whether due to fraud or error. and to issue a Report of the Independtiit Avdilor5 tt includes ow opinion. Reasonable asswr&nce is 8 high level of &%surance, but is not a guaraniee that an audit conduLted in accordance with ISAS (UK) will always det¢ct a miilrrial mi.lsiollCJ1t when it exists. Mi55tsi¢n)cnts ¢00 arise from fraud or error and are consideroj material if, individually or in the aggregate. they could reasonably be expected to infiu¢nce the economic decisions ofuseis tsk¢n on the basis of thesc fiiiancial strdltinents. Ilrcgulofiiies, including fraud, are itLs18n¢es of non-compliance th and regul8tiOTlS. W¢ desi proc¢dures in line with our r¢spot]sibilities, OUtlin¢d above, to delect material mi&iidtements in res of ieslaritIcs, illGluditig &aud. Th¢ exlLnt to whi¢h our procedures are ¢&pable of d¢l¢Cting re¥U18rititS, inch]din8 fraud is detsiled below. We gailled an und¢rsl&nding of the legal and gUlatOry ftamework applicible to the charilable company and the industy in which it opcrates con5idetcd the ri.qk of acts by the cornpony that w¢re Contrary to applicable laws and regulations, includujg fraud. We focused on laws and regu18tions which Gould givc rise to a material mksslal¢ment in the financial slaleinents, includin& bul not limiied to. the Conipanies Act 2006 and UK t&K legislation. Our iesls includ¢d agreeing the financial statement disclosure5 to uiiderlying SUPPOTting diiainientstion, a ievi¢w of correspondence with the Charity comni1%10ll, enquiri¢s with nianaBeni¢nt and Ihc in5pe¢iion of otheT r¢gulalory and Itgal corroipondtnc¢. We addressed the risk of management ovetTide of inlcrnal controls, iiicluding tcsting journals and ¢srimalus aiid ¢valuating wh¢thtr therc wfys ewdence of bi3s by the tsVSteL'5 that r¢ptknsented 8 risk of m8i¢rial mi&%tdten)cnt due to fraud and the completeness of in¢omin8 Tcsourc£s by i¢fercnce to the source dwument for Cach tncom¢ str¢am. We did not identify any key audit matters Telating to itregL]laritie5. including fraud. Because of the inherent luniialions of an audit, there is a riqk that wc will not dtlect all irre8ularities. incliiding those leading to a terial misstalelhent in the financial slalements or non-con)pliance rcgulation. Thi5 in¢reascs the more that compliance with a law or Tegulation is Moved from the events and transactions renecled in the financial Sldlements. as WC will b¢ Icss lik¢ly io become aware of instances ofnon-compliance. The risk is al%0 8TCater regardin8 irregularities OGcurrin8 due to fraud rather than uror. a5 fraud involvcs inlentional cortcealmenL forgery, collusion, omission ormisreprcscntation. A futther de5CriPtion of our r¢spoThsibiliti¢S for ttae audit of the fiT)an¢i81 statcmettts is locat on the Fiiwi¢ial Rcporting Council's website #i Iiiiw.frc.otg.uklaudilotsT¢sronsibilities. This dc5¢riphon fornjs part of our Report of the lttdepetldeni Auditors. Use of our report This report is Rsad¢ solely to th¢ cbaritsble CompY'S memF*r5. as a body. in accordance with Chapler 3 of Part 16 of the Compajjies Act 2006. Our audit work has been undertaken so that w¢ might stsie to the chaTitsble coinpany's m¢inbers thos¢ matters we are re4ii&red to siale to th¢m in an wdstors. report and for no oth¢¥ purpose. To the fullest exient perniitted by law, we do not accept or assume r&sponsibility to &nyonc other than the chaiilable cornpany and the charitsble comparry, members as a body, for our audit woiK for this repotL or for the opinions we have fornied. Grah1) French (Scnior Stalulory AuditQT) for 2nd on behtLlf of DSC Ac¢ountants Ltd Chartered Accouniallts Statutory Audiiors Tallersall Hous¢ East Parade Harro8ate North York5hiT HGI 5LT 23 July 2024 Page 8
SCARGILL MOVEMENT STATEMENT OF FINANCIAL ACTtVlTtES IINCORPORATING AIY D4COME AND EXPENDrruRE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total nds 2022 Tota] fvnds Unrcstri¢l¢d funds Restri¢ted ftmds Note5 JJ4COME AND ENDOWMENfs FROM Donations and l¢gaciiS 626.710 59.292 686.(2 373.458 Charltable activitles Charilable a¥tivitiCS 631J80 631,380 536.433 Investsttent incomc 32,173 32,173 20 J21 Total 1.290263 59,292 l J49,555 930,212 EXPENDfTURE ON Raising fimds 981 ChAritable aedvltie5 Charitsble a¢tiviti¢s 1,782.264 133.959 1.916223 657.468 Other 8.694 8.694 9.489 Totsl 1,790,958 13J,959 1,924,917 667,938 N¢t 8ainO055¢sI on Investents (62,2091 NET tNCOMEI(EXPENDITURE) 1500,695) 20.918 (74.667) (20.9181 (575.362) 200.065 Transfers between fund5 20 Net movement funds (479,777) {95,5851 {575,362) 200.065 RECONCILtATION OF FUNDS Total fimd5 brought fojivard 3.283.465 106.059 3.389,524 3.189,459 TOTAL FUNDS CARRIED FORWARD 2,803.688 10,474 2,814,162 3.389,524 CONTINUING OPERATIONS A]1 income and expenditt]re has arisen from continullkB activsties. The noles fomi part of the5¢ finan¢ial statemen Pag¢ 9
SCARGILL MOvE1ENT (IIEGISTERED NUMBER: 06778628) STATEMENT OF FtNANCIAL POs10N 31 DECEMBER 2023 2023 Totsl funds 2022 Total funds Unresknct¢d funds Re$tri¢led Notes FIXED ASSETS Tangible assets Investments 14 15 2.023.509 2.023,509 1,773.822 507,570 2,023,509 2,023.509 2,281,392 CURRENf A&SETS StOik5 DebtOES Cash at bank 16 17 23,886 495.847 571,663 23.886 495.847 582,137 22,722 136,852 1,068,775 10,474 1,09E.396 10,474 1,101.870 1,228,349 CREDITORS Ajnounts falling due witbin one year 18 {311217) 1311217) (120.2171 NET CURRENT ASSETS 780,179 10,474 790,653 1,108.132 TOTAL ASSETS LKSS CURREP LtABILITtES 2,803,688 10.474 2,814.162 3.389,524 NET ASSETS 2.803,688 10.474 2.814,162 3,389.524 20 UnrtriC1ed fimds Restricted fvnds 2.803.688 10,474 3,283,465 106,059 2.814,162 3,389.524 Thcsc financial statemenls have bccn pr¢par¢d in accordance with the provisions applicable to charilable companies subject to the small ¢onipanies [trne. The fi]wicial sial¢m¢nts were approved by the Board of TrlecS and authorised for issue on 23 July 2024 and W¢TC Si8noJ on its behalf by. MrAnthony Hess¢lwood- Tru5tce The ttol¢s fonn part of th¢se financial stsiements Pa8e 10
SCARGILL MOVEMEF4T STATEMEF4T OF CASH FLOWS FOR THE IEAR ENDED 31 DECEMBER 2023 2023 2022 Noi¢s C8sh flows from oper8tiJJg gctlvltles Cash Beneraied fn)m 0rtIOnS 1718,053) 228,499 Nct G&sh (used in)Iprovided by operdling H¢tiviti¢s {718,053} 228,499 C#h IIow5 from Investing activlttes Purchase of tangible fixed aibLIs Sale of fLxcd usscl investsnents Inlercst re£eived 1308.328) 507,570 32,173 20.321 et C8shprovid¢d by inveglin8 activities 231,415 20.321 C¥sh now$ from fillan¢lng cdvltles Loan repaynienls y 14.0001 Nei cash provided by/{ed in) financing activities {4,000) Change in £h gnd e*gh equivalellts in the reporting period C95h and Cssh equlv91ents at the beglnlllng of th¢ reportthg period {486,638) 244.820 1.068,775 823.955 Cash 9nd cw$b eqUi1¢ts Y4t th¢ end of the reporting perlod 582,137 1,068.775 The n¢JtC5 fonn part of thcsc finin¢ial 5taiements Pa8ell
SCARGILL MOVEMENT NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 RECONCtLtATtON OF NET {EKPENDITUREytNCOME TO NET CASH FLOW FROM OPERATING 2023 2022 Net {expenditureYineorne for the repordng pertod {85 per the Statement ol Flnancial Actities) Adjustments for.. Depreciation charges LosbL5 on invebiments Jnl¢iebt received lllcrease in 51ock5 In¢r¢nse in debiors In¢icas¢lld¢¢r¢) in creditor5 (575.362) 200,065 58,641 66,125 62,209 (20.321) (2,703) 163.927) (13,149) (32,173) {1.1641 (358,995) 191,000 Net cash {used Inyprovldtd by operatlon5 (718,0531 228,499 ANALYSIS OF CHANCES IN NET FUNDS At 1.1.23 Cash flow At31.12.23 Net e¥sb Cash ai bank 1,068,775 1486,638) 582,137 .068.775 (48fj.638) 582,137 Debt Debts fallin8due within l ye (7,000) (5,000) (7,000) 2.000 (5,000) Totsl 1,061,775 1484,638) 577.137 The notes fomj part of these financial statements Page 12
SCARGILL MOVEMENT NOTES TO THE FtNAP4CtAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 STATUTORY INFORMATION S¢argill Moven)enl is a private conipany limited by gL)aiantec inuorporaied in En81gnd and Wale5.The re¥terj office is Scargill House. Kciilew¢ll. Skipton,North Yorkfihi BD23 SH. The principal accounting policies 8r¢ sumntsrised b¢low.The ac¢ountin8 policies have been wlied consistently throuFJiout the year aiid the preceding year. ACCOUNTING POLICIES Basis of preparlng the fin*n¢lg1 statements The finan¢ial slaltiniejits of the cliarilable coinpany. which is a publi¢ benefit cntity urtder FRS 102, h2ve bttn prcpared in accordanGe the Charities SORP (FRS 102) 'Accounting Report5ng by Cliaritics.. Siaiement of Recoinniended Practicc &ppli¢&bl¢ to charitles preparing their ai£ounts in accordane the Fintncial Reponing Standard applicable in the UK and Republic of Ireland (FPS 1021 leffeLtive l January 2019),, Financial Rcptsrting StandArd 102 'The Financial Reporting Stl(lad applicable in tlie UK and Republic of Ir¢land' atxi the Compaaies Act 21W6. The fin)n¢ial stsleAient5 havc been Prepad under the historical cost Convention, with the exception of investsnents which are included atmark¢t valu& a5 niodified by the Tevaluaiion of certain 8sseis. Incomlng rtsources l incoming resources are included irt the statement of financthal aknlivities when the charity is entitled to the incomc and the aniount Cgn b¢ quaiitified with rcasonablE a¢¢uracy.The following speGific policies are applied io particular categoTi¢S of income: Volunlary incorne L5 r¢¢¢ived by way of grants, donations and gifts and is illcluded in fvll in the 51alement of financial a¢tivitie5 when receivable. Grnnts wherc enLiil¢ment is not ¢otJditional on the d¢livery of a specific perfomiance by the charity. arc recogDised when the chariry becomes uncondiiioiially entitl¢d to the grant. Grants, includittg s1 for the purcbase of f¢d Ists. are Tefjogrtis in full in the slalement of financial activities in the year in which tliey ai¢ rtteivable. Grants received are not govenllnent grdnts and do not come with any CO[1th0n8. Donated servicc5 aod facilities are included at thc value Lo the charity where this cAn be quantified. The value of servic¢s provided by volunteets h8s not been included. Gift5 donal¢d for L1¢ are includ¢d zs incoming SOurceS within a¢tivities for generdling funds whett they arc sold. Gift aid recovcrabl¢ is inc[led within the same cal¢gory of inc4)m¢ to which the claim relatL%. This incomc i5 also Te¢0sed in the Same period. Le¥a¢ies ate recognised when the benefactor ha5 died, die charity has sufficient evidenGe that a gift has been left to them, there is a valid will and the wnount receivable is probable and can bt estimated oSonable accuracy. Govcrnment grants are recobmused at the fair value of the &%set Fec¢ived or receivabl¢ wh¢n there is reosonable assurdllce that the grant conditions will be niet and the will be iec¢ived. A wt that specifies p%rfomiance CotiOnS is recognised in inwme when the perforn)ance conditions arc met. Where a grant dtts not specity perforniance ¢ondiiions it is [gnised in incorne when the proceeds are r1Ved or receivable. A grant received before the rccognition ¢rJi¢ria are satisfied is recognised as A liability. IncoThe from investments is included in thc ycaT in which it is rertivabl¢. Resources expended Expcndiwre is rOgnISl on an accrual b&sis 88 a liability is inwrred. Expenditure includes any VAT which cannot be fvlly recovered. and is reported a5 part of the expcnditute to whi¢h it relate5. Costs" of gert¢rating fvnds ¢omprise the costs a&sociated with arhxcling voluntary income. Charitsble ¢xpenditure comprises those cost5 incu by the Gharity in the delivery of its activitie5 and setviccs for its beneficiaries. includc$ both costs that ¢an be allocdkd directly to 5UGh activities and thos¢ ¢O>ls of an indirect nath necessary to support then]. Pagc13
SCARGILL MOVEMENT NOTES TO THE FINI ANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEPfBER 2023 ACCOUNTING POLICIES- colltirtued Re$our¢es e4Jended Support Cobis are those ¢th18 incurred direutly in support of expendigu on the objects of the ¢harity aJMJ include project nianagem¢nt whilst governance cost5 include those coslb 00¢181ed with rneeting costs associated the Constioi[ i¢quir¢nients of the ¢harity and iii¢lude ¢osts of inden)nity insurdnce. Going concern The trjblccs have PTepfired foreiast5 and considered inwme and expenditLtre for the period to 3 1st December 2024 and 31 July 2025, which 5how5 thai they h2ve sufficient r¢iervcs to be #ble to continue for the foreseeable futUTe. Futthennore, the trLJ51ecs have not identified any niaierial un¢ertaintthe5 which in their view cast a signif&cant doubt over thc 80iug ¢on¢ern of the cofftpany, and therefoTe continue to adopt the goitjg concern babi5 of preparation for thes¢ financial 51alements, Tgngtble nxed a$set$ Tangible fixed a>s¢is used foT op¢rotional purposes ar¢ SLaled at C05t lef$ a¢wmuiated dq)rttiAtion. Indiv2dual a5KIS costin8 below £l,O(M) arc trcat¢d as expenditure in the y¢Èr they are acquired and are not capitslised. Depreciation 15 provided at lates calculalcd to write off the cost less residual value of each asset over its expeded Ubefi]I lif4 a5 follows.. Fre¢hold operalioDaJ propcty- 200 years strai8ht I¢ Fixtures, fittings and equipment- 7'A- 25/u straight line RefuTbishnitht expcJiditur¢- 7 years straight line DepreGiation is provided from wh¢n the &ssct i5 brought into Ube. R¢furbi5hrt)l expenditure is ¢apilalised in anti¢ipation of the Tedevelopment of the site and facilitias and h&5 now been fully depreciated. Stocks Stocks ate valu¢d at the lower of cost aDd net realisable value, afteT m8king due allowance for obsol¢te and slow moving items. Taxation The chAritys activities fall within the excrnptions afforded by the prowisioos of the Income and Corporation Taxes Act 1988. Accordingly, thcre L5 tsxation chIge in thcs¢ accounts. Fund sccountlng Unr¢btriLted fi]m4s ar¢ funds which are availoble for iise at the discrction of the trLtslees in thrther8Dce of the general ob)tIveS of the charity and which have not been designal¢d for Otherpu0$es. Designaied ftmds coinpri5e uni¢stri¢tcd that have bttn sel abide by the tru>lees for partEcular pu]poses.The aim and us¢ of each designated fund is set out in the notc5 lo Ihc financi41 SleMents. Restricted funds are fimds which 2re to be used in accordanLe wth specific TStrictl0[15 irnposcd by donDT5 or which have been raised by the chariry for particular purpoies The Cobts of raising and adminisiering such fvnds are Gharg¢d a8sinst the 5pccifi¢ fimd.The aim atld use of each rLbtricled fid is set out in the notes to the financial 5tatetn¢nts. Flxed 98set Investment$ Fixed a.4set irtvestmcnts are a fomi of financial instrument and are initially recognis¢d at their trana¢tion $t and subsequently rneJ.%LJred ai fair value at the balancc sheet date. unless the v8lue cannoi be measured Teli8bly in which case it is mca.wred at cost Icss impairnent. In?LStm¢ot gains and 1055es, whether rLalised or unt¢&lis&t are combined 2nd presented as'Gain&'(Lobbes) on invcstsn¢nts' in the Ststen)ent Of financial activities. Investment in¢omc i5 included in the accounts when teceivable and any gains or Ios5C5 on ievalu&tion at the yL*r end are shown in th¢ SOFA. Page 14
SCARGtLL MOVEMEiYr NOTES TO THE FtINANCIAL STATEMENTS- coNtlnued FOR THE YEAR ENDED 31 DECEMBER 2023 DONATIONS AND LEGACILS 2023 Total fidS 2022 Total nds Unrestricted nds Restricted fid8 Donarions Lc8acie5 Grants 291JS1 335.359 51,792 343,143 335 J59 7,500 260,937 108,521 4,000 7,500 6?6,710 59,292 686.002 373.458 Grants receiv¢ included in the above, arc as follows.. 2023 2022 Government Graol Other 8rants 4,000 7,500 7.500 4,000 INVESTMENT INCOME 2023 Total funds 2022 Total fi)nds UnrestriGied fvnds Restricted funds CFB tnv¢stn]ent Fund distribution Deposit account ini¢r¢si 3.806 28,367 3,806 28,367 14.971 5,350 32,173 32,173 20.321 tNCOME FROM CHARrrABLE ACTTrITtES 2023 2022 Activity charlble whviti¢s ChaThl#ble activities Charitable activities Fecs and seminars Sales RH[ in¢om¢r¢cciv 591,875 19,505 20,000 482,792 21,288 32,353 631,380 536.433 Page 15
SCARGILL MOVEMENT NOTES TO THE FINANCIAL STATEMENfs- eontinued FOR THE YEAR ENDED 31 DECEMBER 2023 RAtSlNG FUNDS Ralslng doDAtIons gnd legacle5 2023 Total nds 2022 Total nds Unreslricted nds R¢strict¢d fimds Funthaising fees sttd costs 981 CHARrrABLE AcT[VIs COSTS Direct Cos15 Is¢e note 81 Support cosls (see note 9) Tots15 Charitable activities 1,885.301 30.922 1.916.223 DIREcf COSTS OF CHARITABLE ACTIVITIES 2023 2022 Staff ¢osls Food and programme expenses c.ornUntyaI1Ow1Cts and s18ff costs Utilities Repairs and mainr¢nance FiDan¢e costs Depreciation and wnorti%ation MgTkeiing, PR and literdttir¢ GTents and donations 197,620 208,393 21,263 147,643 1,229,067 3.355 58,641 18,$79 740 172.743 165,122 14,206 131,955 61,096 3,321 66,?25 16.169 165 1,885,301 631.102 There has been sigDificaiJt exp¢lldire in rcpairs and maint¢nan¢e as the r¢sult of th¢ major r¢fiTTbishrnent of the Marsh LDull8c which included a new roof, windows. h¢aiing syslem, floor and AV equipmertt. We also replaced the windows in the Old House and the Sun tnUll8e as well L% repairing the roofmg on both buildings. Page 16
SCkRGILL MOVEMETr¥r NOTES TO THE FINANCIAL STATEIWENTS- contlnued FOR THE YEAR ELNDED 31 DECEMBER 2023 SUPPORT COSTS Governance Costs Other Totals Otli¢r resour¢es expcnded Charitsble a¢uvitie5 8,694 404 8.694 30,922 30,518 30,518 9.098 39,616 io. NET INCOMEI(EXPEF4DfruRE) Net inwmttl(¢xpendittJre) 15 slated afi¢r chargingllcrojiting): 2023 2022 Auditors, rcmunerdtion Audiiors, reniuntrdtion for non Auditwo Dq)rebiation- owied #$5ets 6.550 691 58.641 6.344 66.126 ii. TRUSTEES, REMUNERATtON AND BENEFITS Two trustees rec¢iv¢d $kers, fe¢s dunng the year amounting to £67912022- £nill. Tru5tee$' expens Travel expenses amounting to £540 have been paid to one tNsiee during theyeai (2022- £435). 12. STAFF COSTS 2023 2022 Wag¢s and salaries Other pension cosls 137,268 60,352 117,972 54,771 197.620 172,743 The average monthly number of etnployees during the year was as follows.. 2023 27 2022 24 ProaMMe delivery and conllnunity No etnployecs re¢¢ived emolun)ents in excc58 of £60,000. Page 17
SCARGILL MOVEMENT NOTES TO THE FINANCIAL STATEMENfs- contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 13. COMPARATIVFS FOR THE STATEMENT OF FINANCIAL ACTIvrrtES UnstriCted fvnds Restricted fimds Totsl fimd5 YCOME AND ENDOIVMENTS FROM D0jtiOnS and lega¢i¢s 349,800 23,658 373,458 ChY4rit8ble Sctivities Charilable a¢tivitics 536,433 536,433 Investh)ent in¢ome 20.321 20,321 Total 906.$54 23,658 930,212 EXPEPMITURE ON R8i%in8 funds 981 981 Charitable activides Charitsble activities 628.850 28.618 657,468 Oth¢r 9,489 9,489 Total 639,320 28,618 667,938 Net gain110$5¢5I on investments 162.209) {62,2Q9} NET INCOMEI(EXPENDrruRE) Tr8Dsfer5 behveeTL fund$ 205,025 15.772 14,960) (15.772) 200,065 Net moven]ent In fund5 220,797 120,732} 200,065 RECOF4CILtATtON OF FUNDS Total brought forn'ard 3,062.668 126.791 3,189.459 TOTAL FUNDS CARRIED FORWARD 3,283.465 106,059 3,389,524 Page 18
SCARGILL MOVEMENT NOTES TO TKE FtNANCIAL STATEMENTS. ¢ontinued FOR THE YEAR ENDED 31 DECEMBER 2023 14. TANGIBLE FLXED ASSETS Improvements to property Fixtyres and fittings Freehold property Tot815 COST At l January 2023 Ad¢hlions Disposals 1,707,023 235,334 488.6 2,946.221 308 J28 {47,9671 72.994 147.967) At 31 Dttember 2023 1.942.357 488,604 775.621 3,206,$82 DEPRECIATION At l January 2023 Charge foi year Elinuiialed on dispogal 110.848 8,535 488,603 572.948 50,106 (47,9671 1.171399 58,641 147.967) At 31 December 2023 119,383 488,603 575,087 1,183,073 NET BOOK VALUE At 31 Deiember 2023 1,822.974 2(Q,534 2.023.509 At 31 Deccmbcr 2022 .596.275 177,646 1,773,822 15. FIXED ASSET INVESTMENTS There were no inv¢stsn¢nt asscts ouL8ide the UK. 16. STOCKS 2023 2022 Stocks 23,886 22.722 17. DEBTORS: AMOUNTS FLLLtNG DUE IvmitN ONE YEAR 2023 2022 Otlier dcbiors Income tsx recoverable 470,895 24.952 116,089 20.763 495.847 136,852 P&g¢ 19
SCARGILL MOVEf*IENT NOTES TO THE FINANCIAL STATEMENTS- eondnu¢d FOR THE YEAR ENDED 31 DECEMBER 2023 18. CREDtroRS: AMOUNtS FALLING DUE WITHIN ONE YEAR 2023 2022 Other loans (see note 191 Trade creditO15 Othcr creditors D¢posits in advan¢¢ Ac¢nJ¢d expenscs 5.rxlo 13,794 5,716 114261 172.446 10,119 7.722 81,496 13,880 311,217 120.217 19. LOANS An gnalysis of the niaturity of loans is given below.. 2023 2022 Amounts falling duewithin one year on demand.. Lo&n from fri¢nds of Scar11 Movement 7,000 Loans from friends of Scar8511 Movement consist of 212022 2) individual intetcst fre¢ loans with flexible rolling repayment dales. 20. MOVEMENT TN FUNDS Net moveinent in funds Transfers between funds At 31.12.23 At 1.1.23 Unrestricted fuDds G¢neral fund Desiwialcd Conununity disLretionary D¢signaied Bursary Designated Digitsl EqDipm¢nt D¢signaled special TnainieDanc¢ Designated project devejopment 2,002.161 12.408 10.O(K) 15.000 212.IKK) 1.031,896 565,S17 (8,373) 1158.840) 6.0 2,408,838 10,035 10,000 (15,000) (79,0951 (963,7441 {50,0001 223,758 82,905 291,910 3283,465 (5IX),6951 20.918 2,803,688 Re$trt¢ted funds Bur%ary Fund Digital equipnient Clin)aie stewards Poetyy bmks Proj¢rt d¢velopment 8,696 4.650 128 335 92250 22.686 14,650) 120.918) 10,464 10 {335) (92,2fO) 106,059 (74,6671 (20,9181 10,474 TOTAL FUNDS 3,389,524 1575,362) 2.814,162 Pag¢ 20
SCARGILL MOVEMENT NOTES TO THE FINANCIAL STATEMENTS- coptlnued FOR THE YEAR ENDED 31 DECEMBER 2023 MOVEMENT tN FUNDS- contlDued 20. Net movement in futlds, itLcluded sn thc above are 88 follows: In¢oining r¥buuTCe$ Resource5 expended Movenient in fimds Unrtstri¢t¢d funds General fi]nd D¥sigDaied Communiry dii¢retionary Designated Digital Eqiiiprnent Designated Special tnainteDan¢e Designalcd project developm¢nt 1290,262 (724,7451 (8.374) (15.0001 179.095) 1963,744) 565,517 18.373) (15,000) (79,095) 1963.744) 1,290,263 {I.790,958) {5N,695) Restricted funds Bursary Fund Digital eqLiipJll¢nt clin1¢ stewards Poety books Proj¢cl dev¢lopm¢nt 22,686 22,686 14.6$0) (118) 13351 192.250) (4,650) 12061 (534) 1128,$69) 88 199 36,! 19 59.292 1133,959) 174,667) TOTAL FUNDS 1,349.555 (1,924,917) (575,3621 Page 21
SCARGILL MOVEMENT NOTES TO THE FtNAlVCtAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 20. MOVEMENr rN FiTNDS- continued Cornparatlv&* for movemtnt In funds Net movement in fimds TTansfe between funds At 31.12.22 At 1.1.22 Unr¢stii¢ted fndS General fund Designated Con)munity discretionary Designated BuT5ary Designated Digital Equipment Deiignaled special niainienartce D¢bignaled project development 2,076,472 13,347 210,964 15.9391 (285,275) 5,000 10.ooo IS.0 (54,6(X)I 325,647 2,002.161 12,408 10.000 266.600 706249 212,000 1.031.896 3,062,668 20$ 025 15.772 3283,465 Restrtcted funds Bursary Fund low Ropes Digital equipnient Clinule si¢wards Po¢ty books Project development 20,981 7,104 4.650 165 140 93.751 3,487 (7,104} (15.772) 8,696 4,650 128 335 92.250 (371 195 126,791 {4,9601 {15,7721 106,n59 TOTAL FUNDS 3.189,459 200.065 3,389,524 Compardtive net movement in included 1]] the above are ss follows.. tnconiin8 rc&ollrc¢s Resources expended GALllS and 1058es Movement in fimds Unrestrl¢ted funds Gen¢ta] fimd Designated Community discretionary 906,554 (633.381) (5,939) (62,209) 210.964 15.9391 906,554 (639,320) (62209) 205,025 Restricted fund$ Bursary Fund Low Ropes Clun&te 51ewards Poetry b(x>ks Community Proje¢t drvelopment 3,487 3,487 (7,104) 137) 195 {7,104) {165) 128 195 50 19.798 150) 1212991 11.501) 21.658 {28,6181 14.960} TOTAL FUNDS 930,212 (667.9381 {62,2091 2(K>,065 Pa8e 22
SCARGILL MOVEMEF4T F40TES TO THE FINANCIAL STATEMENfs- contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 20. MOVEMENT tN FUNDS- CODtinued The Bursary Fund reprc5ents funds received to fil¢¢ conference and residential fees for guests unable to contribute to thc full an)ount of f#s char8eable. The Climate Sl¢wArd, Po¢ty books, Digi121 EquipmenL and Proje&.t Developnient fvnds relai¢ to spccific projects that have attraL'i¢d sp¢cifi¢ funding and expended during the year or carried forwdrd into 2024. The Conununiry Disuelionary lld exists to relieve hardship amongst mMunity membus. The speciaI ainieJthnc£ desiated fund has bcen creaied fron) gttjeral ndS to cover special mainteDanct work #nticip8ied for 2024. A second desi8naled fid l51s to siippon the proj1 developnient work planned for the futurt. 21. CAprrAL COMM(fEYTs The chatity had committed to pital cxpcnditure of £nil (2022- £nil). 22. RELATED PARTY DTSCLOSURES There were tm) related partytrAtwtions for the year ¢nded 31 Deccmbcr2023. INDEMP4rrY INSURANCE The charity paid insutance premium5 of £404 (2022-£409) to indemnify the council from any 1055 arising frosn neglect or delaults of ihe ¢aun¢il or staff and any consequeiit loss. 24. COMPANY LIMITED BY GUARANTEE Scargill Movcrnent l5 a company limited by guardnte¢ and 2ccordingly doe5 not have a sharc capital. Every member of the ConlnY (the membeJ3 being the council meJi)bers for tlie tuiie being) undertake5 to coDttibute such & mount as n)ay be requird not exceeding £10 10 the of the charit8ble comp8lly in the event of its being wound up while he or she is a ]neniber, 01 within one yeat after he or she ceasts lo be a mcmbcr. 25. CHURCH OF ENGLAND FUNDED PENSION SCHEME The membership figures that we hold a5 at December 2023 and Decetnber 2022 for Scargill Movement 8re sel out in the table below. Thc5c are used a5 part of the Board's calculation of die d¢fJ¢it coDttibutions in payment at trA¢h year eod, which in tum feed inlo the FRS102 rAlcul&tion5, 50 arc provided here for reference. 2023 2022 Number of members at this Responsible Bdy Swgill Movem¢nt participates in the Churclj of England Funded Pcn5ions Scheme foT 5tipendi&ry cleTgy* A deflned benefit pension s¢]Jeme. Thts schemc is administered by the Church of Bngiand Pensions Board, which hol(L% the %s¢lS of the scheme sepatately frojn those of the Responsible Bodies. Ea¢h participating Responsible Body in the Church of Engla1 Funded Pensions sChee pays contributions at a common contribution rale applied to pensionable Stipends. Page 23
SCARGILL MOVEMENT F40TES TO THE FtNANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2023 25. CHURCH OF ENGLAND FUNDED PENSION SCHEME- continued The schemc is considered to be a multi-employcr sclieine as de&¢ribtd in Section 28 of FRS 102. It is not PDS5ible to attribuie tlie Scheme's &i*els and liabilities to ea¢h 5peiific Responsible Body, and this means contributions are accounted for as if the Scheme were a defined conknbiiiion scheme. The pensi0Th8 c051s chaiged io th¢ SOFA in the year are contributions payable tow'ards ben¢fits and expenscs aed in that year. which were £NIL in 2023 (2022.. inus £2,000), plus any figurts ar&sin8 froin contributions in rc5pe¢t of th¢ Schcmt's d¢fiGlt (see btlowl. The 2021 valuation showcd die Scheme to be fully funded and as such in 2023, followin8 the valuation r¢bults bein8 agred. the deficit contributions paid were £NtL12022'. minu5 £4,000). A valuation of the S¢heme is caled once every three years. The Jnost re£ent Sch¢me valustiDn complded w3$ &rried out at as 31 December 2021. Th¢ 2021 valiiation Tevealed a surplus of £560rn, based on asscts of £2,720m and a funding target of £2.160m, a55C55ed usin8 the following absuniptions.. An average disc4)unt rale of 2.7fiiuP.a,' - RPI infiation of 3.6;'p.a. land pensiott in¢re&%cs consistent with this)- CPIH inflation in line with RPI less 0.8.,. pre 2030 ving to RPJ with no adjuthent from 2030 onwards., Increase in petL%ionable stipe15 in line with CPIH. Mortality in accoidance 1th 90/& of the S3NA table5, wth allowanc.e for improvements in mortality raks from 2013 in lin¢ wryth the CM12020 extended model Mryth a lon8 terrn antmjal raie of improvement of 1.5,,., a smoothing param¢ier of 7. an initial addition to mortality i]nproveIn¢nts of 0.5°, pa Ènd an alloW1CC foi 2020 data of (i.e. Following finalisation of the 31 Decembcr 2021 Valuatio defLCit contributions ce£sed with effect from I lanuary 2023. since the Sch¢me was fully fided. The d¢fiCt recovery eontributions underthe recovery pian in force ateach 31 Dxemberwcrc ss follows.. /4 of pen$ionable Stipends 7.1 /u Pdyable frojn January 2021 to Dttember 2022 31 December 2021 31 Deccmber 2022 31 December 2023 An interim reduction io d¥ficit contributions to 3.2Yo of pensionable stipends w&$ made with effect from April 2022 and renlne in place until De£einbcr 2022. For senior office holders, pcnsionable stipends ar¢ adjusted in the calculations by a multiple, as set out ID the Scheme's Tules. Seciion 28.1 IA of FRS 102 Tequires aed deficit r¢covery payments to be recogni5 as a liability.Rowevcr &8 thcrc ate no agreed dcficit recovery payments from l JIary 2024 onwtrds the balance 5beet li%bility as at 31 Dcccmbei 2023 is nil. The movement in the balance sheet liability ovei 2022 and 2023 is set out in the table below. 2023 2022 4,000 (2,000) B8lan¢e slieet liability at l Janyary D¢ficit coiitribution pgid TnlerLSt cost (Ter01$¢d in SOFA) Remainin8 cliange to tlie balattce sheet liability. (recolS¢d in SOFA) Balance sheet liability at 31 De¢¢mber {2,0001 * Comprises change in agre¢d deficit rec4)very plan, and Ghang¢ in discount ralc and a55urDptions behveen year ends. Page 24
SCARGILL MOVEMENT NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE ITAR ENDED 31 DECEMBER 2023 25. CHURCH OF EPIGLAND FUNDED PENSION SCHEME- tonthiued This liabdity reprcsents the present value of the deficit contributions a8recd as at the accounting dale and ha5 been valued using the following &%swnptions. No gk%umptions arc needed for D¢c¢mb¢r 2022 a5 there ar¢ no agreed deficit retov¢ry payments going forward. No pri¥e inflation fi5x11ptEon was needed for Dc£cmb¢r 2021 since pen.%ionable stipends for the r¢n)aindeT of the Tecovery plan were already knowi. Decemb¢r 2023 Deoembcr 2022 December 2021 O.O/upa Discouni rai¢ PriLe infiation Incrusc to totsl pensionable payroll nl8 The le8al stn]cthre of the scheJne is such that if another Rcsponsible Body fails, Scargill Movement could become r¢iponsible for payithg a share of that failed Responsible Body's pensiort li8bilities. 26. OTHER PENSIONS- MONEY PURCIIASE SCHEME Scargill Movement a150 COtitribule5 to money purchase pension 5Ghemes for thc benefit of its employee5. C.ontributiDns payable ulld tlie NEST amd other private Sknh¢Ines are cbarged to the slatemcnt of financial avtiwties in the year they are payable. Pa8e 25
SCARGtLL MOVEMENT DETATLED STATEMENf OF FINANCIAL ACTtVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 TNCOME AND ENDOWMENrs Donations ind legacies Donations 343,143 335.359 7.500 260,937 108.521 4,000 686.IX>2 373,458 Inv¥stment Income CFB InVeDent Fund distribJtion Deposit a¢¢ount interest 3,806 28,367 14.971 5 J50 32,173 20.321 Chwrltable *ctisFhies Fee5 and seniijjars Sales ]IHI inGORie received 591,875 19,505 20,000 482,792 21288 32,353 631J80 536.433 Totsl IncomlnE re50urce5 1,349.555 930,212 EXPENDrruRE R#lslng donations and legacles Fundraising fees and costs 981 Charltable activities Wages P¢osions Food and programme cxpenses Conjmunity allowances and staff costs Urilities Repairs &nd maint¢naw¢ Finance costs Depreciatiort ond a]nortis8tion Marketing, PR and lileralurc Grartis and donations 137,268 60,352 208,393 21,263 147,643 1229.067 3.355 58,641 17,972 54,771 165,122 14,206 131,955 61,096 3,321 66.125 16.169 165 740 1,885,301 631,102 Support costs This page docs not fomi part of the 5tsbJtory finan¢ial stRl¢rnents Page 26
SCARGILL MOVEMENT DETAILED STATEMETr4T OF FINANCIAL ACTtvtTtES FOR THE YEAR LNDED 31 DECEMBER 2023 2023 2022 Support costs Other Motor and trdvelling expenses Office eXnSeS Re¢ruitmo)t ond training costs 10,096 12,967 7.455 6,648 3.822 30.518 26,366 Governance Costs Auditors. remuneration Aiidiiors. remuneration for non audit work Ttwslics indcrt)nity insuronce ACQUnCY feus 6.$50 691 404 1,453 6.344 409 2,736 9.098 9,489 Total resources expend 1,924,917 667,938 Net lexpendltureyItL¢ome before gilns #nd losses 1575.362) 262274 Reallsed reeogntsed gAins and losses Realised gain&'(105besl on inveslnieiit property (62,2091 Net (expeDditurellineome {575,3621 200.065 This page doe5 not forn] part of the slatt]tory financial $lolements Page 27