OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

Registered number: 06861684 Charity number: 1133306

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN (A Company Limited by Guarantee)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024

CONTENTS

----- Start of picture text -----
Page
Reference and Administrative Details of the Company, its Trustees and Advisers 2
Trustees' Report 3 - 11
Independent Examiner's Report 12
Statement of Financial Activities 13
Balance Sheet 14
Trustee Approval 15
Notes to the Financial Statements 16 - 28
----- End of picture text -----

page 1

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024

Trustees

Rosalind Batchelor Simon Brereton (appointed 11/1/2025) Nick Folkard (resigned 31/12/24) Brian Jardine Keith Knight (appointed 1/1/25) Lesley O’Neal (resigned 31/12/24) Nick Perks Graham Torr (appointed 01/01/24) Martina Weitsch

Co-opted Area Meeting Clerk

Martin Dickinson

Company registered number 06861684

Charity registered number

1133306

Registered office

Quaker Meeting House, Friargate, York, YO1 9RL

Independent Examiner

Guy Baragwanath FCA, C&GB Associates, 37-39 Westgate, Thirsk Y07 1QR

Bankers

CAF Bank, 25 Kings Hill Avenue, West Malling, ME19 4TA The Charity Bank, Fosse House, 182 High Street, Tonbridge, TN9 1BE Co-operative Bank, P.O. Box 48, 1 Balloon Street, Manchester, M60 1GP Ecology Building Society, 7 Belton Road, BD20 0EE Triodos Bank, Deanery Road, Bristol, BS1 5AS Virgin Money, Jubilee House, Gosforth, Newcastle Upon Tyne, NE3 4PL Yorkshire Building Society, Yorkshire House, Bradford, BD5 8LJ

Solicitors

Rollits, Forsyth House, Alpha Court, Monks Cross, York YO32 9WN, UK.

Insurance Broker

Edwards Insurance Brokers, Stonebridge House, Kenilworth Road, Meriden, West Midlands, CV7 7LJ

page 2

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees (who are also directors of the charity for the purposes of the Companies Act) present their report and the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to UK and Republic of Ireland published in October 2019.

Objectives and Activities

Policies and objectives

The object of the charity is to advance the religious purposes of the Religious Society of Friends (Quakers) in Britain in the area of the York Area Quaker Meeting (YAQM) and beyond.

The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the aims and objectives and planning the activities of the charity. The principal activity is the holding of Meetings for Worship in the constituent Local Meetings. Further details as to how activities have fulfilled the public benefit requirement are set out in later sections of this report.

Principal responsibilities of trustees

Activities for achieving objectives

The number of Quakers in the Area Meeting registered as members is 344 (349 in 2023). In addition, there are 184 attenders including children.

Members: Acomb 37 York (Friargate) 143 Harrogate 64 New Earswick 71 Thirsk 29 TOTAL IN MEMBERSHIP 344

Trustees. Safeguarding continues to be a key focus for trustees with a fully developed policy and procedures, regular training, and a significant number of Friends involved in providing the necessary safeguarding support to all the Meetings and all their activities. Our longstanding Safeguarding Coordinator came to the end of his service at the end of 2024 and

page 3

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

his replacement is proving to be a challenge. In the meantime, the Trustee body as a whole is keenly aware of its heightened collective responsibility for safeguarding until a replacement Coordinator is appointed and trained.

The process of finding and archiving important records is being continued by the Area Meeting Archivist, assisted by staff.

Trustees approach their shared responsibilities chiefly via two sub-committees: an Employment committee, and a Property committee. In addition, Area Meeting and Local Meeting treasurers gather periodically to discuss finance matters. Much detailed work is done in these groups, bringing the final results to the main Trustee body for review. Trustees met four times in 2024.

Bursary Funds are available to support members and attenders wishing to attend courses and conferences to foster their spiritual and personal development.

Martina Weitsch continued as Clerk of Trustees during 2024. Martina continued to be involved in the activities of the Clerks of Quaker Trustees “cluster”. This group meets via Zoom every three or four months and there are on-going email consultations. These provide opportunities for the Clerks of Trustees across Britain Yearly Meeting to exchange information, best practice and discuss issues. In common with other Area Meetings, York Area Meeting sometimes has difficulties finding new trustees. We enter 2025 with 7 trustees and with no representation of Thirsk Meeting among the trustees. This puts an extra responsibility on all trustees to bear in mind the needs of and contribution made by Thirsk Meeting.

When trustees are first appointed consideration is given to the experience and skills they will bring, and any need for training or particular support is identified. Before taking up office new trustees are invited to sit in as observers at a meeting of the trustee body. Novice trustees are advised to undertake the Woodbrooke Trustees Training Course. Trustees work within terms of reference approved by the members of the Area Meeting reflecting principles of governance set down in “Quaker faith & practice of the Yearly Meeting of the Religious Society of Friends (Quakers) in Britain”.

A Yorkshire-wide Quaker Charity. Work has continued during 2024 on possibly establishing a Yorkshire-wide Quaker charity which would take on the charitable functions of 7 Yorkshire Area Meetings and Quakers in Yorkshire. Martina Weitsch has represented York Area Meeting on the group working on this both during 2023 and 2024. A decision on whether to go ahead with this plan was taken by the 8 charitable bodies in late 2024/early 2025. The decision was broadly in favour of progressing this and therefore an implementation group across the 8 charitable bodies is being established in early 2025.

Meeting for Worship is held at least once a week in each of our five Meeting Houses. Meetings also offer online options (some blended, some not) both on Sundays and on other days of the week. Each Local Meeting is responsible for a programme of activities to support the spiritual life of the Meeting – this may include discussion groups, one-off talks and meetings for learning. Occasionally the Local Meetings work together to organise events.

How has the Truth prospered amongst us?

For Quakers, Truth is not just a set of facts, but that very ground of our being which we glimpse in our worship. So what we need to do is to consider how that Truth is reflected in the life of our meeting. In 2024, York Area Meeting restarted the practice of asking each of the Local Meetings in turn to report on this question; the reports reflect the work that is being done by each Meeting. Each Local Meeting reports when the Area Meeting in session is hosted by that Local Meeting, and therefore the timespan of each report does not coincide with the calendar year. Highlights are reflected below.

Acomb (reported in May 2024)

Acomb Meeting had a varied programme of activities to strengthen the Meeting community, including a weekend away and monthly shared lunches which are accompanied by talks on subjects of interest by Friends. There is also an active

page 4

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

and varied programme of children’s activities which is much appreciated. The “Tea To Go” project in Acomb has been adopted as a concern of the Meeting which involves both active participation in the project by Friends and a financial commitment.

The Meeting also offers a “Becoming Friends” programme for newer attenders and a series of Bible Studies.

Friargate (reported in January 2025)

Friargate has seen an increase in attendance across a number of different opportunities to participate in Meeting for Worship both on Sunday and on other days of the week. A number of younger people have come into the Meeting and some of them have set up a Quaker Society at the University of York. The Children’s meeting is an active weekly gathering which contributes to the wider Meeting by joining the adults for their last 10 or 15 minutes on Sunday and leading a period of all-age worship several times a year.

Given its size and location, Friargate makes the most of its opportunities for outreach with the Décor Group creating displays which draw attention to our concerns such as peace and the environment both for those who use our building and for passers-by. These are very visible from outside and attract attention.

The Elders also devised and delivered an induction programme for staff to familiarise them with Quakerism and our values. This was much appreciated.

Harrogate (reported in September 2024)

Harrogate Meeting arranged a series of monthly Saturday morning sessions under the title of Quakers Exploring Together as well as study and discussion groups. The Quaker theologian Ben Wood from Leeds University has facilitated two excellent sessions. These have been attended by both newcomers and members & attenders, including from our other Local Meetings.

Harrogate Meeting also has an active programme of children’s meetings which in 2024 included a special event celebrating the 400th birthday of George Fox, the founder of Quakerism. Yorkshire’s Quaker youth development worker has engaged actively with both children and teenagers in the Meeting to ensure that activities appropriate to their age, lifestyle and preferences have been held. This has helped develop greater cohesion in these age groups.

New Earswick (reported in March 2024)

New Earswick has Meetings for Worship at the Meeting House (weekly on Sundays, blended), at Hartrigg Oaks (twice weekly for half an hour) and online on Thursday evening. All these meetings are well attended. We have become very familiar with the ‘Owl’ technology which allows blended sessions.

The Meeting’s children have had a full year with a varied programme including sessions in the Meeting House and outings into the local Nature Reserve for example. They meet on one Sunday a month and enrich the Meeting through their presence and through sharing with us the activities they pursue.

The Meeting also focused on spiritual nurture holding a series of sessions throughout the year and building community through pre-meeting breakfasts, shared meals, the annual Christmas event, and an outing to the pantomime at the Rowntree Theatre.

The Meeting focused a good part of its discernment on the issue of assisted dying and held a special Meeting for Worship for Business on this theme.

Like our other Meetings, it has had difficulty finding Friends able to serve in specific roles; during 2023 we experimented with a rotating clerking team and during both 2023 and 2024 we held Meetings for Worship for Business only in those months when there was also an Area Meeting. In 2024 we were fortunate to be able to appoint a Clerk and Assistant Clerk who continue to serve into 2025 and in 2025 we have reverted to monthly Meetings for Worship for Business.

Thirsk (reported in November 2024)

For Thirsk Friends, the year was very much taken up with building works (of which more later in this report); this meant that the Meeting used rented premises at Holy Rood House for part of the year for their regular Sunday morning worship. For most the week, Holy Rood House is used as an art gallery. Normally faced with the bare walls of our Meeting Room, Friends found that the lithographs did not distract them: they actually focused mind and spirit. Thirsk Friends have long been involved in an ecumenical project to support refugees, led by the Salvation Army. Last November, an Afghan Family arrived under the aegis of the UNHCR/ Home Office Pathway 2 to a fully equipped cottage in the centre of town and came to last year’s Quaker Christmas party. In the week before the 2024 summer riots, the father was photographed talking to two small girls, sparking a racist social media campaign. The father of one of the girls

page 5

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

was the estate agent who provided the cottage. He complained to the police about the harassment and there were no ugly scenes in Thirsk.

Two of our Local Meetings continued to operate Warm Space/ Welcome sessions to welcome members of our local community for a warm place to meet, with refreshments, and fellowship. At Friargate, and with the support of Friends from Thirsk, this has become focused on support for people who identify as neurodivergent.

Quakers in Yorkshire

Our Area Meeting is an active member of Quakers in Yorkshire and as such, plays a role in fostering Quaker activities across the whole of Yorkshire, including arranging a summer holiday programme for children and young people and a residential family programme at Easter. In 2024 – the 400th anniversary year of George Fox’s birth – our Area Meeting hosted a Quakers in Yorkshire event in July at New Earswick Meeting House which was, in part a celebration of George Fox, his life, his work in Yorkshire specifically, and which was designed as an outreach event. Some of the activities took place in the New Earswick Folk Hall, which is a prominent public venue in the village.

Quakers in Yorkshire also ran the traditional Easter Settlement event (for the last time in its current form and location) and this was well supported by Friends from our Area Meeting.

General

Many Friends are active in their local community undertaking charitable activities and initiatives which build a harmonious community and promote peace and social justice. We see this as an important part of living our faith in action. Examples are support for Refugee Action York, Churches Together, the York City of Sanctuary project, Harrogate District of Sanctuary, and offering space to, for example, the Harrogate Islamic Association and Zero Carbon Harrogate. Activities have also included York Human Rights City, York Travellers Trust, Alternatives to Violence Project, the Cone Exchange (recycling initiative which benefits businesses, schools and charities), Samaritans, Alcoholics Anonymous, Ripon Toy Library, support for the local food banks in Northallerton and York, monthly collections of clothing, money etc. for Carecent York (breakfast club for socially excluded people) and Hope and Aid Direct (for Ukraine), support for The Clock (which helps local young people who are homeless, lonely or troubled), and Days for Girls. There is a prison visiting group and one of our members has become a chaplain at Full Sutton prison.

Our Buildings

York Area Meetings has five Meeting Houses and a number of other properties.

The Meeting Houses are used by the Local Meetings for Meetings for Worship and a wide range of other activities. In addition, rooms are hired to other organisations in the locality. This is in part to generate income to support our activities and in part a service and outreach to our local communities. All five Meeting Houses are actively used in this way. In 2025 we plan to adopt an online room booking system which will streamline our processes and make booking more direct for users.

Of the Meeting Houses, Friargate is the largest and is centrally located in York. As a result, it is our busiest Meeting House and generates a significant share of the hirings income.

Having buildings to manage has implications. In 2023 & 2024 we spent more than £300k on major works at three of the Meeting Houses. This volume of work developed because of delays due to Covid-19, due to significant changes in the construction industry (both the availability of contractors and rising costs), and the need to provide fully compliant buildings in the context of the Equalities Act 2010. This put a great deal of strain on many of the active Friends in the affected buildings. One of the results is that we will be able to make better use of some of the spaces in our buildings and this should, in the longer term, result in higher levels of income.

In addition to the Meeting Houses, we have a number of residential properties which were originally provided as staff accommodation but are now let out to tenants via local estate agents.

page 6

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

Finally, we have a commercial property which we inherited from another charity after it wound up. It is let to the York Travellers Trust (who occupied the building when the previous charity owned it) on a lease which is reviewed and renewed at intervals. The most recent lease commenced in March 2025. We list this property as an investment property and continue to review its long-term future.

Insured values for our property are based on a professional valuation from 2015 uprated by our insurers year on year since then.

Burial Grounds

There are four burial grounds in the ownership of the Area Meeting. The burial ground in Thirsk adjoining the Meeting House is well maintained and available for the scattering of ashes. The historic burial ground at Dacre is no longer available for burials or interment of ashes. The burial ground at Scotton is maintained by a mix of paid professionals and Harrogate Quakers on a voluntary basis and has been brought back into use by Friends for simple ‘green’ burials, generating income to support the maintenance of the property. In 2024, a section of one of the stone walls collapsed and repair is ongoing. The historic burial ground at Bishophill is no longer in use but can be visited and is maintained by a Housing Association who have a block of flats on the site.

The Trustees of The Retreat continued negotiations to dispose of the site of the hospital and this took place in April 2025. They have confirmed their intention to transfer the freehold of the burial ground to York Area Quaker Meeting but have made it clear that there is no urgency about this from their perspective. In the meantime, we continue to be concerned about maintaining an ability to visit the burial ground, and also about the future costs involved in the maintenance of the site, the trees therein and its boundaries . Discussions with the Trustees of The Retreat are ongoing.

A leaflet is available, at local Meetings, to publicise the existence of the burial grounds and their availability for burials and the scattering of ashes.

Financial performance

Review of activities and financial review

The total incoming resources of the charitable company for the year to 31 December 2024 were £661,736 (2023 - £398,322). The regular income of the charity comes largely from the donations of members and attenders, and from the letting of premises to outside groups on weekdays and Saturdays, and occasionally on Sundays. In the year to 31 December 2024, £259,790 (2023 - £227,773) was derived from lettings and £131,798 (2023 - £125,786) was derived from local Quakers’ regular giving and collections.

Towards the end of the year, an exceptionally large unrestricted legacy (£197,770) was received from the estate of Marjorie Scott of Acomb Meeting, which was recognised as being from both Marjorie and her husband, John. Given the recent high expenditure on repairing and upgrading three of our Meeting Houses (see below), this has done much to replenish our reserves. In the longer term it will give us the opportunity to engage in a range of activities to strengthen the life our Meetings and engage in Faith in Action and outreach work.

The Meeting Houses are central to our purposes but are used by members only to a limited extent from Monday to Saturday. The costs of maintenance and improvements, security, insurance and some caretaking have to be met irrespective of use. Therefore, income from lettings is essential if the buildings are to be maintained in a good condition and updated as necessary.

York (Friargate) and Harrogate use relatively large Meeting Houses, each with a number of rooms that can be let simultaneously. These Meetings therefore employ staff to help manage the premises and have substantial income from lettings, though support costs are relatively high. The Meeting Houses used by Acomb, New Earswick and Thirsk are smaller. These Meetings have a more modest income from lettings, but at a much lower cost.

page 7

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

At the end of 2023 the frontage of Friargate Meeting House was modified to improve accessibility. At the beginning of 2024 a similar exercise was started for Harrogate Meeting House. Also, major repairs started at Thirsk Meeting House and the adjoining cottage, from which the Meeting draws rent.

During the year the Area Meeting’s ownership of 20 Falsgrave Crescent, York, has continued. This was a reversion from the Young People’s Fellowship (YPF) when the latter closed down in 2019. The building had its origins as an Adult School set up by the Rowntree family but latterly has been occupied by the York Travellers’ Trust (YTT) and the York Racial Equality Network (YREN), the latter leaving in 2021. YAQM has responsibility for maintenance. The property has been valued in the accounts by the trustees at £80,000. It appears on the balance sheet as an investment property, and this sum together with the donation and net income/(expenditure) from the property has been transferred to a designated fund at 31 December 2024 of £64,295 (2023 - £69,322).

The total resources expended by the charitable company in respect of the year to 31 December 2024 were £684,989 (2023 - £494,510), giving net outgoing resources before other recognised gains and losses of £24,753 (2023 – net outgoing £96,188). The key areas of expenditure were major repairs and upgrades to buildings of £242,366 (2023 - £95,330), grants and donations of £97,392 (2023 - £87,408) and support costs of £259,884 (2023 - £230,329).

Five grants totalling £4,207 were made to non-Quaker bodies in 2024 (2023 - two grants totalling £1,300).

Investments recorded overall gains of £1,364 (2023 – gains of £3,484) in the year. There was Nil movement on Restricted and Endowment Funds in the year (2023 Endowment Funds £nil, Restricted Funds £12,606) resulting in a net decrease in funds of £23,389 (2023 – net decrease of £92,704).

The closing funds of the charitable company at 31 December 2024 were £1,330,891 (2023 - £1,354,280) of which £701,409 (2023 - £701,409) were endowment funds, £Nil (2023 - £Nil) were restricted funds, and £629,482 (2023 - £652,871) were unrestricted funds.

The current valuation of the Meeting Houses for insurance purposes is £8.5m.

Britain Yearly Meeting Donations

During the year the total donations from Local Meeting funds to BYM were £73,915 (2023: £68,837).

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.

Reserves policy

Trustees have examined the charity's requirements for reserves in light of the main risks to the organisation. Our intention is to maintain reserves at a level which will enable the activities of York Area Quaker Meeting to be continued and the buildings under our stewardship to be maintained. All of the five constituent Local Meetings use buildings that are suitable for their purpose and in good condition. The Property committee manages the charity's estate and is responsible for major repairs and upgrades of Meeting Houses, so there is a Major Repairs fund.

Total funds at 31 December 2024 are £1,330,891 (2023 - £1,354,280). The level of free reserves (unrestricted funds less designated and unrestricted fixed assets) at 31 December 2024 is £493,285 (2023 - £360,488).

page 8

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

In consultation with Local Meetings, Trustees reviewed the Designated and General and Local Funds such that there is now:

Structure, governance and management

Memorandum and Articles of Association

The charity is a company limited by guarantee, being registered in England and Wales under company number 06861684. The company was incorporated on 27 March 2009. The company was registered as a charity with the Charity Commission on 15 December 2009, with charity number 1133306.

The charitable company adopted a memorandum and articles of association upon incorporation on 27 March 2009. This governing document was amended by special resolution in January 2010 and at a General Meeting held on 13 September 2014.

During 2011, a Scheme was agreed with the Charity Commission, which governs the various small charities (some now defunct) associated with York Quaker Area Meeting. This also covers the properties owned by the Area Meeting.

Following the agreement of this scheme the properties and investments previously held by Friends Trusts Limited as custodian trustees were transferred to the Company.

The Board of Trustees has the duty and responsibility to manage the business of the charity as required by law. Under the current governing document, the Board should consist of no fewer than five and no more than fifteen persons appointed by the members of the charity; every trustee must be a member of York Area Quaker Meeting.

The trustees are appointed from members of the York Area Quaker Meeting nominated by the Area Meeting Nominations Committee. The appointments take place at meetings of the members of the charity.

A trustee may be appointed for a period of three years. At the end of such period he or she may be reappointed on up to two occasions giving a maximum term of office as a trustee of nine years. In exceptional circumstances a trustee may be appointed for a further term exceeding the maximum term but only with the consent of the members. A trustee who has served a period of nine years may be reappointed for further periods of office if not less than one year has elapsed since he or she last served as a Trustee.

The Board has the power to appoint up to three Friends as additional co-opted trustees. They will hold office until the next annual general meeting, or where no annual general meeting is held, until 12 months following the original appointment, when the Board may reappoint them. No co-opted trustee can serve more than three years without the agreement of the members.

Organisation

York Area Quaker Meeting is constituted as a membership organisation. Members come together, with regular ‘attenders’, for worship and other activities in the five local Meeting Houses in the area.

page 9

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

Members from Local Meetings come together six times a year in an Area Meeting for Business, to which all members and attenders are invited.

The members of each Local Meeting have delegated responsibilities for raising funds, managing expenditure, routine maintenance and managing any staff, advised by local finance and/or premises committees. Each Local Meeting appoints a Treasurer who prepares a budget and produces management accounts. During the year there has been joint working with Local Meetings, where appropriate, to ensure policies and practices are coherent – while respecting the diversity of Local Meetings. Share-based investments are all now the responsibility of Area Meeting trustees, with advice from consultants, Investing Ethically.

During 2025, we will be introducing an online shared cloud-based accounting system which will lead to changes in the day-to-day arrangements.

Employment

York Area Quaker Meeting is a living wage employer registered with the Living Wage Foundation. York (Friargate) has a part-time Business Manager, four part-time Assistant Managers and four part-time Meeting House Assistants. Friargate staff also support Area Meeting administration. Harrogate has a part-time Warden and a part time Cleaner. Thirsk has a part time Caretaker/Cleaner. New Earswick has a part-time Caretaker. In each case, the contract of employment is with the Area Meeting, with line-management responsibilities delegated to the Local Meetings as appropriate. During the year the Employment committee advises trustees on staff matters.

Cleaning services for Acomb, Friargate, and New Earswick Meetings are provided under contract.

The management and conduct of all affairs of the Area and Local Meetings is otherwise undertaken by the members working on a voluntary basis. Trustees monitor the ways in which Local Meetings exercise their delegated management responsibilities, advising and taking action as necessary.

Risk management

Trustees have compiled a consolidated register of the arrangements for risk management made by each Local Meeting, and by trustees themselves. Meetings are asked to keep their arrangements for risk management under review and make any improvements required, having considered the steps being taken by other Meetings. Such reviews are reported biennially to trustees. We are satisfied that financial, employment, data protection, health and safety and other practices meet regulatory requirements.

Data

York Area Quaker Meeting has published a Data Protection Policy on our website https://york.quakermeeting.org/

Sustainability

Trustees recognise the importance of sustainability in the use of Meeting Houses and in all Quaker activities. During 2023 a consultants’ report was commissioned, and this identified opportunities for carbon reduction and energy savings in each Meeting House. The recommendations are being taken into account as upgrades/replacements to building elements are required. We bear in mind the need for some balance between spend on property and spend on other priorities.

Plans for future periods

We will continue to advance the religious purposes of the Religious Society of Friends (Quakers) in Britain. There are two key challenges facing us:

page 10

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

Information on fundraising practices

Local Meetings contact members and attenders, once each year, to ask them to consider making a financial donation to our work.

Area and Local Meetings occasionally seek financial support from other Quaker meetings and Quaker charitable bodies in Britain when seeking financial help with major building work on our meeting houses. At the same time York Area Quaker Meeting looks sympathetically at requests for help from other Meetings.

We do not fundraise from members of the general public.

Trustees' responsibilities statement

The trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the trustees on 22 June 2025 and signed on their behalf by:

Martina Weitsch

……………………………………

Trustee

page 11

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 December 2024 which are set out on pages 13 to 28.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I 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 proper understanding of the accounts to be reached.

Signed:

Guy Baragwanath C&GB Associates 37-39 Westgate Thirsk North Yorkshire, YO7 1QR Tel/Fax: 01845 525502 Email: guy@cgb-associates.com www.cgb-associates.com

Date 4 August 2025

page 12

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

----- Start of picture text -----
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
________________
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
2024 2024 2024 2024 2023
Note £ £ £ £ £
Income and endowments from:
Donations and legacies 2 329,897 37,925 - 367,822 137,527
Other trading activities 3 283,144 - - 283,144 252,123
Investments 4 9,270 - - 9,270 8,672
Total income and endowments 622,311 37,925 - 660,236 398,322
Expenditure on:
Raising funds:
Fundraising trading 5 230,489 - - 230,489 192,091
Charitable activities 6 454,500 - 454,500 302,419
Total expenditure 684,989 - 684,989 494,510
Net (expenditure)/income before
investment gains/losses (62,678) 37,925 - (24,753) (96,188)
Net gains/(losses) on investments 1,364 - - 1,364 3,484
Net (expenditure)/income before
transfers (61,314) 37,925 - (23,389) (92,704)
Transfers between funds 17 37,925 (37,925) - - -
Net income/(expenditure) before
other recognised gains and
losses (23,389) - - (23,389) (92,704)
Net income/ (expenditure) and
net movement in funds (23,389) - - (23,389) (92,704)
Total funds brought forward 652,871 - 701,409 1,354,280 1,446,984
Total funds carried forward 629,482 - 701,409 1,330,891 1,354,280
----- End of picture text -----

The Statement of Financial Activities includes all gains and losses in the year.

The notes on pages 16 to 28 form part of these financial statements.

page 13

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

----- Start of picture text -----
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024 2023
Note £ £ £ £
Fixed assets
Heritage assets 11 701,409 701,409
Tangible assets 12 - -
Investment property 13 80,000 80,000
Investments 14 48,296 46,352
829,705 827,761
Current assets
Debtors 15 90,114 29,094
Cash at bank and in hand 496,350 635,631
586,463 664,725
Creditors: amounts falling due within one year 16 (85,278) (138,206)
Net current assets 501,186 526,519
Total assets less current liabilities 1,330,891 1,354,280
Creditors: amounts falling due after one year
- -
Net assets
17 1,330,891 1,354,280
Charity Funds
Endowment funds 17 701,409 701,409
Restricted funds 17 - -
Unrestricted funds 17 629,482 652,871
Total funds 1,330,891 1,354,280
----- End of picture text -----

Registered Number 06861684

page 14

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

TRUSTEE APPROVAL

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of the accounts.

These accounts have been prepared in accordance with the provision applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the trustees on 22 June 2025 and signed on their behalf by:

Martina Weitsch

Graham Torr

Trustee

Trustee

The notes on pages 16 to 28 form part of these financial statements.

page 15

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. Accounting Policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with Accounting 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 issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Companies Act 2006. the Charities Act 2011 and UK Generally Accepted Accounting Practice.

York Area Quaker Meeting of the Religious Society of Friends (Quakers) in Britain meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

1.2 Income

All income is recognised once the charitable company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants, where settlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

1.3 Expenditure

Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

All expenditure is accounted for on an accruals basis and the majority of costs are allocated directly to the activity to which they relate.

Support costs are those incurred in support of the activities of the charitable company, and are apportioned on the basis of estimated usage. Governance costs are those incurred in fulfilling the statutory and other similar obligations of the charitable company.

1.4 Pension costs

The charitable company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charitable company to the fund in respect of the year.

page 16

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. Accounting Policies (continued)

1.5

Tangible fixed assets and depreciation

The land and buildings of the charity are deemed as heritage assets in accordance with Section 18 of the Charity Statement of Recommended Practice.

A notional nil value has been placed on the land and buildings at the date they were transferred to the charity at nil consideration in 2011. Additions since 2011 are included in the Accounts at cost.

No depreciation is provided on land and buildings as they are maintained in a state of good repair and accordingly the Trustees consider that the lives of these assets are so long and the residual values are so high that any depreciation charge would be insignificant.

Fixtures and fittings are charged to the Statement of Financial Activities in the year of expenditure. Computers, software and other office equipment up to £2,500 is charged to the Statement of Financial Activities in the year of expenditure: expenditure over £2,500 is capitalised and depreciated over 3 years, commencing in the year of purchase.

1.6 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and shown in the heading ‘Gains/(losses) on investments’ in the Statement of Financial Activities incorporating Income and Expenditure Account.

Listed investments is taken to mean investments listed on a recognised stock exchange or investments valued by reference to such investments, and includes for example equities, fixed interest securities, common investment funds, open ended investment companies and unit trusts.

1.7 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.

Local funds are a type of unrestricted fund – they reflect general funds of the individual Local Meetings that are treated as unrestricted funds at the Area Meeting level.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes.

page 17

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. Accounting Policies (continued)

1.8 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the Bank.

1.9 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.10 Cash at Bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of up to twelve months or less from the date of acquisition or opening of the deposit or similar account.

1.11 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charitable company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

1.12 Employee benefits

The costs of short term employee benefits are recognised as a liability and expense.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

page 18

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. Accounting Policies (continued)

1.13 Critical accounting estimates and areas of judgment

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.

Land and buildings

The land and buildings of the charity are included at £Nil at the date of transfer to the charity in 2011 and cost since 2011.

1.14 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources 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.

2. Donations and legacies

----- Start of picture text -----
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
2024 2024 2024 2024 2023
£ £ £ £ £
Donations of Members and
Attenders 131,798 - - 131,798 125,786
Legacies 197,770 - 197,770 11,300
Appeal - 37,925 - 37,925 -
Other Donations 329 - - 329 441
Total donations and legacies 329,897 37,925 - 367,822 137,527
Total 2023 137,527 - - 137,527
----- End of picture text -----

page 19

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

----- Start of picture text -----
3. Other trading activities
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
2024 2024 2024 2024 2023
£ £ £ £ £
Letting income 259,790 - - 259,790 227,773
Investment property 10,400 - - 10,400 10,400
Other income 12,954 - - 12,954 13,950
283,144 - - 283,144 252,123
Total 2023 252,123 - - 252,123
4. Investment Income
Unrestricted Restricted Endowment Total funds Total funds
funds 2024 funds 2024 funds 2024 2024 2023
£ £ £ £ £
Income from UK listed
investments 1,106 - - 1,106 903
Bank interest receivable 8,164 - - 8,164 7,769
9,270 - - 9,270 8,672
Total 2023 8,672 - - 8,672
5. Raising funds
Letting costs and other costs Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
2024 2024 2024 2024 2023
£ £ £ £ £
Direct costs 25,578 - - 25,578 12,742
Support costs - premises and
staff costs 199,884 - - 199,884 175,329
Bad debts - - - - -
- -
Investment property 5,027 5,027 4,020
expenditure
230,489 - - 230,489 192,091
Total 2023 192,091 - - 192,091
----- End of picture text -----

page 20

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

----- Start of picture text -----
6. Charitable activities
Governance Other Support costs Total Total
costs charitable £ 2024 2023
£ activities £ £
£
Governance costs (note 9) 20,302 - - 20,302 21,092
Premises and staff - - 60,000 60,000 55,000
Meeting activities - 26,356 - 26,356 19,692
Grants and donations - 97,392 - 97,392 87,408
Major repair projects - 250,450 - 250,450 119,287
Total 20,302 374,198 60,000 454,500 302,419
Total 2023 21,032 226,387 55,000 302,419
----- End of picture text -----

7. Other charitable activities

7.
Other charitable activities		 7.
Other charitable activities		 7.
Other charitable activities		 7.
Other charitable activities		 7.
Other charitable activities		 7.
Other charitable activities		 7.
Other charitable activities
Meeting
activities
£		 Grants and
donations
£		 Major repair
projects
£		 Total 2024
£		 Total 2023
£
Committees, conferences and
training, publicity
10,044		 -
-
10,044		 4,124
Insurance
9,548
-
-
9,548
8,773
Burialgrounds
6,582
-
-
6,582
6,750
Bursaries
182
-
-
182
45
Grant to Britain YearlyMeeting
-
73,915
-
73,915
68,837
Grant to BYM Youth Worker 13,500 13,500 13,500
Grants to other Quaker Bodies -
5,065
-
5,065
3,261
Othergrants and subscriptions - 4,912
-		 4,912
1,810
Major repairprojects -
-
250,450
250,450
119,287
26,356
97,392
250,450
374,198
226,387
Total 2023 19,692 87,408 119,287 226,387

page 21

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

----- Start of picture text -----
8. Staff costs and emoluments
2024 2023
£ £
Wages and salaries 141,072 119,697
Social security costs 2,928 1,647
Other pension costs 9,103 7,815
Total 153,103 129,159
Other pension costs relate to amounts payable by the charity into defined contribution pension schemes on
behalf of certain employees.
Particulars of employees:
The average number of employees during the year was as follows: 2024 2023
Wardens and other support staff (part-time) 12 12
No employees received emoluments in excess of £60,000 in the year to 31 December 2024 (2023: none)
9. Governance costs
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
2024 2024 2024 2024 2023
£ £ £ £ £
Independent Examiner’s fees 2,280 - - 2,280 2,220
General and office costs 10,806 - - 10,806 13,582
Professional fees 7,216 - - 7,216 5,230
20,302 - - 20,302 21,032
Total 2023 21,032 - - 21,032
10. Net income/(expenditure)
This is stated after charging: 2024 2023
Independent Examiner’s fees 2,280 2,220
----- End of picture text -----

During the year, no Trustees received any remuneration (2023 - £NIL).

During the year, no Trustees received any benefits in kind (2023 - £NIL).

During the year, no Trustees received any reimbursement of expenses (2023 - £NIL).

page 22

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

----- Start of picture text -----
11. Heritage Assets
Assets recognised at cost Meeting Houses Total
2024 2023
£ £
Carrying value at 1 January 2024 701,409 701,409
Carrying value at 31 December 2024 701,409 701,409
----- End of picture text -----

The land and buildings of the charity are deemed as heritage assets in accordance with Section 18 of the Charity Statement of Recommended Practice.

A notional nil value was placed on the land and buildings at the date they were transferred to the charity at nil consideration in 2011. Additions since 2011 are included in the Accounts at cost.

The land and buildings of the Area Meeting are all freehold properties, with the exception of the New Earswick Meeting House. This is a leasehold property held on a lease due to expire in 2136: no additions have been made to this property since 2011.

The current value of the land and buildings for insurance purposes is £8.5m.

----- Start of picture text -----
12. Tangible fixed assets Computer
equipment
inc. software Total
£ £
Cost
At 1 January 2024 8,700 8,700
Additions during year - -
At 31 December 2024 8,700 8,700
Depreciation
At 1 January 2024 8,700 8,700
Charge for year - -
At 31 December 2024 8,700 8,700
Net book value
At 31 December 2024 - -
At 31 December 2023 - -
----- End of picture text -----

page 23

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

----- Start of picture text -----
13. Investment property £
Estimated value of property at 31 December 2024
80,000
The investment property consists of the freehold property at 20
Falsgrave Crescent, York. The market value of the property
at 31 December 2024 has been estimated by the Trustees.
14. Fixed asset investments
Listed securities
Market value
At 1 January 2024 46,353
Additions 1,108
Less costs of management (529)
Revaluation 1,364
At 31 December 2024 48,296
Historical cost 28,708
Investments at market value comprise: 2024 2023
£ £
Listed investments 48,296 46,353
----- End of picture text -----

All the fixed asset investments are held in the UK

----- Start of picture text -----
15. Debtors 2024 2023
£ £
Trade debtors 6,835 10,501
Prepayments and accrued income 83,279 18,593
90,114 29,094
----- End of picture text -----

----- Start of picture text -----
16. Creditors: Amounts falling due within one year 2024 2023
£ £
Trade creditors 6,963 17,535
Other taxation and social security - 2,781
Other creditors 56,066 111,164
Accruals and deferred income 22,249 6,726
85,278 138,206
----- End of picture text -----

page 24

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

----- Start of picture text -----
17. Statement of funds
- Current Year
Balance at 31
Balance at 1 Transfers Gains/ December
Designated funds January 2024 Income Expenditure in/out (Losses) 2024
£ £ £ £ £ £
York Area Major Repairs 223,061 - (242,366) 91,207 - 71,902
York Area (20 Falsgrave
Crescent) 69,322 - (5,027) - - 64,295
- -
292,383 (247,393) 91,207 136,197
General & Local funds
York Area 78,759 213,477 (39,733) 13,259 - 265,762
Acomb 38,050 21,426 (28,066) (9,380) - 22,030
Harrogate 93,273 64,733 (58,119) (23,869) - 76,018
New Earswick 52,020 46,204 (31,630) (17,514) - 49,080
Friargate 64,927 262,673 (269,106) (16,771) - 41,723
Thirsk 14,707 13,798 (10,942) 993 - 18,556
Investment Revaluation
Reserve 18,752 - - - 1,364 20,116
360,488 622,311 (437,596) (53,282) 1,364 493,285
Total Unrestricted funds 652,871 622,311 (684,989) 37,925 1,364 629,482
----- End of picture text -----

All general funds are available for use by the York Area. Designated funds have been set aside for specific purposes such as property maintenance.

Endowmentfunds
Friargate Endowment Fund 701,409
-		 -
 - - 701,409
701,409 - - - - 701,409

Friargate Endowment Fund consists of the cost of improvements to the Meeting House since 2011.

Restrictedfunds
Thirsk Meeting House
appeal		 37,925 (37,925) - -
Total of funds ,
1,354,280		 660,236 (684,989) **- ** 1,364 1,330,891

page 25

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

----- Start of picture text -----
17. Statement of funds
– Prior Year
Balance at 31
Balance at 1 Transfers Gains/ December
Designated funds January 2023 Income Expenditure in/out (Losses) 2023
£ £ £ £ £ £
York Area Major Repairs 273,311 - (95,330) 45,080 - 223,061
York Area (20 Falsgrave
Crescent) 73,342 - (4,020) - - 69,322
- -
346,653 (99,350) 45,080 292,383
General & Local funds
York Area 89,526 17,514 (36,409) 8,128 - 78,759
Acomb 35,135 29,059 (17,967) (8,177) - 38,050
Harrogate 80,057 69,125 (41,534) (14,375) - 93,273
New Earswick 46,826 49,985 (29,544) (15,247) - 52,020
Friargate 102,313 223,055 (247,625) (12.816) - 64,927
Thirsk 17,190 9,585 (9,475) (2,593) - 14,707
Investment Revaluation
Reserve 15.269 - - - 3,483 18,752
386,316 398,323 (382,554) (45,080) 3,483 360,488
Total Unrestricted funds 732,969 398,323 (481,904) - 3,483 652,871
Endowment funds
Friargate Endowment Fund 701,409 - - - - 701,409
- - - -
701,409 701,409
Restricted funds
Friargate (Special Gifts)
Fund 1,542 - ( 1,542) - - -
Friargate Meeting House
Community Use Fund 11,064 - (11,064) - - -
12,606 - ( 12,606) - - -
Total of funds , 1,446,984 398,323 (494,510) - 3,483 1,354,280
----- End of picture text -----

page 26

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

----- Start of picture text -----
18. Analysis of net assets between funds
Current yea r
Unrestricted Restricted Endowment Total
funds funds funds funds
2024 2024 2024 2024
£ £ £ £
Heritage assets - - 701,409 701,409
Tangible fixed assets - - - -
Investment property 80,000 - - 80,000
Fixed asset investments 48,296 - - 48,296
Current assets 586,464 - - 586,464
Creditors due within one year (85,278) - - (85,278)
629,482 - 701,409 1,330,891
Analysis of net assets between funds
Prior yea r
Unrestricted Restricted Endowment Total
funds funds funds funds
2023 2023 2023 2023
£ £ £ £
Heritage assets - - 701,409 701,409
Tangible fixed assets - - - -
Investment property 80,000 - - 80,000
Fixed asset investments 46,352 - - 46,352
Current assets 664,725 - - 664,725
Creditors due within one year (138,206) - - (138,206)
652,871 - 701,409 1,354,280
----- End of picture text -----

19. Company status

The company, being limited by guarantee, has no share capital. Every member is liable to contribute a sum not exceeding £1 in the event of the company being wound up whilst still a member or within one year thereafter.

If the company is wound up or dissolved, and there remains any property after all debts and liabilities have been met, the property must be given or transferred to:

page 27

YORK AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

20. Related party transactions

There were no related party transactions during the period.

page 28