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2022-12-31-accounts

REGISTERED CHARITY NUMBER: 1134224

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

Scott & Wilkinson Dalton House

9 Dalton Square LANCASTER LA1 1WD

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Page
Reference and Administrative Details 1
Trustees' Report 2 to 14
Independent Examiner's Report 15
Statement of Financial Activities 16 to 17
Balance Sheet 18 to 20
Notes to the Financial Statements 21 to 32
Detailed Statement of Financial Activities 33 to 35

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2022

Trustees A Chapman
C Hall-Farthing
G Bartram
A Tyldesley
J Bennetts
S J Taylor
A E Hughes
A A Marsden (appointed 1/1/2022)
E Eddington (appointed 1/1/2022) (resigned 31/12/2022)
D W McQueen (appointed 1/1/2022) (resigned 31/12/2022)
W N Taylor (appointed 9/9/2022)
C M Mulhern (appointed 12/11/2022)
P D Law-Jones (appointed 12/11/2022)
Principal address Lancaster Friends Meeting House
LANCASTER
LA1 1TX
Registered charity number 1134224
Independent examiner Scott & Wilkinson
Dalton House
9 Dalton Square
LANCASTER
LA1 1WD
Solicitors Joseph A. Jones
6 Fenton Street
Lancaster
LA1 1TE

Page 1

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

Objectives and activities Objectives

The objects of the charity are the furtherance of the religious and charitable purposes of the Religious Society of Friends. This involves:

These objectives are a key part of the means whereby the Society provides public benefit.

Activities are usually similar from year to year and include the regular holding of public Meetings for Worship and other meetings to which the public are invited; publicising our meetings and other events; providing Children's and Young Persons' Meetings in Lancaster and occasionally at Yealand; maintaining our Meeting Houses and religious burial grounds; raising awareness and understanding of religious beliefs and practices; promoting fellowship among our Members and Attenders; ecumenical and interfaith activity; regular publication of newsletters for use of Members and Attenders; regular financial collections at our Meetings for Quaker objectives; and participation in Quaker Week events (usually held in October each year).

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Objectives and activities

Significant activities

Meetings for Worship open to the public were held regularly at the following places or by Zoom:

Bailrigg Chaplaincy Centre, Lancaster University. Mondays 1.00-1.30pm (except Bank Holidays and the Monday between Christmas and New Year)

Garstang Friends Meeting House, Calder Lane, Garstang PR3 1ZE. Sundays 10.30-11.30am

Lancaster Friends Meeting House, Meeting House Lane, Lancaster LA1 1TX. Sundays 10.30-11.30am with children and young people's meeting.

Preston Friends Meeting House, 189 St Georges Road, Preston, PR1 6NQ. Sundays 10.30-11.30am

Yealand Friends Meeting House, Yealand Road, Yealand Conyers, Carnforth LA5 9SH. Sundays 10.30-11.30am with children and young people's meeting by arrangement. Also Wednesdays 11.30-12.00 noon.

Meetings for Business are held at all Local Meetings when required, usually bi-monthly. These continued throughout the year, generally by Zoom.

Area Meetings for Business in 2022 were held, by Zoom, as follows:

15 January 13 March 14 May 9 July 10 September 12 November

The attendance at these meetings was generally more than 30. In addition, a Fellowship Day was held in October.

As well as public Meetings for Worship, various other activities of public benefit were carried out by the Area Meeting and its constituent Local Meetings, as detailed later in this section of the report.

Public benefit

The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Objectives and activities

Grantmaking

The Trustees are entrusted with funds to make grants to Members and Attenders of the Meeting. The grants cover the following areas:

a) To pay the expenses of Area Meeting appointed representatives for courses and conferences (paid on demand).

b) To cover the expenses incurred by officers appointed by Area Meeting including Trustees (paid upon production of receipts).

c) To provide grants for the education of Friends and Attenders of Lancashire Central and North Area Quaker Meeting when attending short courses around Quaker themes (grants applied for on application form and supported by Pastoral carer / Elder). Grants are awarded by either the Trustee Grants Subcommittee, if £500 or under, or by the full body of Trustees if £501 or more.

d) To issue grants to Friends and Attenders of the Area Meeting when they find that they are in financial need (same application process as c).

e) To issue school and higher education small grants to all children / young people due to start or move up a school or into higher education.

f) To pay training expenses for those taking on roles within Area or Local Meetings.

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Achievement and performance Charitable activities Numbers of Members and Attenders

The tables below give the numbers of Members and Attenders at year end of 2022, and the equivalent numbers for the previous year for comparison.

Members are those in membership in our Area Meeting. An Attender is someone who, not being a Member, frequently attends a specific Meeting for Worship or otherwise has ongoing involvement in activities in a Meeting. Numbers of Attenders are hard to define in a perfectly consistent way, as "frequently" is not clearly defined.

MEMBERS 2022 2021
Men Women Total Men Women Total
Bailrigg 3 2 5 2 2 4
Garstang 12 11 23 10 13 23
Lancaster 35 81 116 40 82 122
Preston 10 12 22 12 11 23
Yealand 16 26 42 14 22 36
TOTALS 76 132 208 78 130 208
ATTENDERS 2022 2021
Men Women Total Men Women Total
Bailrigg 2 2 4 2 3 5
Garstang 0 5 5 2 2 4
Lancaster 34 16 50 18 30 48
Children 19 17
Preston 7 20 27 5 13 18
Yealand 10 19 29 11 16 27
Children 0 0
TOTALS 53 62 134 38 64 119

Attender numbers can be affected by Attenders moving into membership. New Members joined the Area Meeting by convincement, having not been a Member of any part of the Religious Society of Friends, and by transfer. People lost membership in the Area Meeting by resignation, ceasing to be a Member of any part of the Religious Society of Friends, by transfer, and by death.

Our Lancaster Local Meeting regularly has children and young people attending.

Information regarding our Area and Local Meetings is available from the Directory of Meetings on the website of Quakers in Britain (see www.quaker.org.uk/our-organisation/book-of-meetings) and on our Area Meeting website, www.lancsquakers.org.uk/. Area and Local Meeting newsletters are circulated to Members and Attenders.

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Achievement and performance

Trustees Activities

Trustees met seven times in 2022, mostly by Zoom, on one occasion in person. Most meetings were attended by almost all Trustees. The Minutes were made available to the Area Meeting via the Clerk and reports on Meetings were printed in the Area Meeting Newsletter, which goes to all our Meetings and is available by email to all Members and Attenders. Some Trustees were available at each Area Meeting to answer any questions that might arise concerning Trustee work. A report on the work of Trustees was presented at Area Meeting in March.

During 2022, Trustees continued to be concerned with providing assistance to Members and Attenders, ensuring compliance with data protection and child protection matters. New policies were developed for Data Protection, Safeguarding and complaints. Criteria for giving money to other organisations were refined and the Memoranda of Understanding, which set out the responsibilities of Local Meetings in conjunction with those of Area Meeting and Trustees, were revised. Trustees attended to carrying out routine maintenance and management of our buildings, and insurance. New arrangements were agreed with neighbours for provision of septic tank facilities at a property at Abbeystead.

Trustees' Subcommittees for Employment, Risk, Grants, Finance, Nominations and Property have worked well, often by online communication, and will continue in their present form.

We have employees or self-employed workers in several of our Meeting Houses, as wardens and cleaners. Trustees will continue to assist Local Meetings in promoting good employer/employee relationships. They have ensured that the Living Wage is implemented in respect of our employees.

Many of our buildings are well used by the wider community and offer rooms for hire at reasonable rates, providing income which is used to keep property in good order, thus enabling further lettings. Income from such lettings in 2022 was higher than in the previous year due to lifting of Covid restrictions, as reflected in the accounts.

Key plans for the future work of Trustees will include ensuring continued progress on making our buildings as environmentally friendly as possible and zero carbon by 2030, but with due regard to the listed building status of several of them. We shall further hope to improve access facilities for those visitors with disabilities.

We will ensure that our governance remains clear and maintain integrity, and review policies and procedures to ensure that we are resilient to conflict while upholding and showing care for all in our community. We shall keep under review all land and properties, and ensure compliance with legislation as it arises.

In the summer of 2022, Trustees attended a training day presented by Woodbrooke, the Quaker training centre. Trustees were joined by some Trustees from neighbouring Area Meetings.

Trustees have an arrangement for continuing advice from Buttress Architects, the firm which carried out the Quinquennial Review in 2021.

In response to an appeal from Gatesbield Quaker Housing Association, Trustees recommended that our Area Meeting should make a contribution of £20,000, and that was agreed by Area Meeting.

Other Area Meeting Activities

2022 has been a year in which the Area Meeting has settled down to a pattern of meeting which we hope will continue. Whilst most meetings were in person, we started to hold some blended meetings and continued the occasional meeting by Zoom. We hope that blending will become more practical as our Meetings become more experienced with this technology.

Our Nominations Committee continues to struggle to find Friends to fill all the roles we currently identify as necessary. Area Meeting realised that there was an urgent need for a radical overhaul to simplify our structure, and work on this is ongoing.

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Achievement and performance

This year Lancaster Friends have shared their research and insights into Lancaster Quaker connections with the slave trade both nationally and locally. This is ongoing as we consider ways forward to recognise and offer reparation for this.

We continued our connections with the wider Quaker world and in 2022 made donations to Gatesbield Quaker Housing Association and Teenage General Meeting.

Friends have continued to support local and national charities and engage online with their concerns, be it the Quaker Mental Health Forum, Quaker Peace and Social Witness, Northern Friends Peace Board or Extinction Rebellion. Two Members were arrested for taking direct action in respect of the climate crisis. Members continued to deepen their faith and practice through worshipping and studying online with opportunity for worship being provided locally by Rookhow and Glenthorne and nationally by Woodbrooke.

Other Local Meeting Activities

Each Local Meeting has been asked to provide information on their activities to aid in compiling this annual report. Information on each Meeting's activities that are not reported elsewhere is included below.

Bailrigg Meeting at Lancaster University

We continue to use the pattern of Meetings for Worship used for the last year, that the first Monday of the month is in person at the Chaplaincy Centre, whilst continuing to be online for the other weeks. This seems to be providing a reasonable balance between recognising the changed nature of the Meeting membership (and staff working practices), and the need to offer worship on campus. We will keep this under review. We do not, however, foresee a time when we will return to being a purely in-person Meeting. We have managed to continue supporting the Chaplaincy Centre activities, including Welcome Week events, in person (soup lunch, multifaith prayers, interfaith discussions), and packing and distributing 'goody bags' at various times of the year to support students, particularly international ones, who were remaining on campus during vacations.

The Meeting continues to be represented on the Chaplaincy Management Committee, and Members are involved in a wide variety of aspects of university life, as well as holding roles at Area and national level within the Society.

Garstang

The Meeting hosted the first in-person Area Meeting after Covid in March, attended by twenty Friends. Up to fourteen people regularly attend Meetings for Worship. Business Meetings are well attended, and the Pastoral Care team meet regularly on Zoom.

We have considered introducing all-age worship, the need to nurture our spiritual lives, and how to ensure that all who attend Meeting do so in a spirit of welcome and warmth.

Social activities have included regular Jacobs Join lunches, a visit to the Quaker Tapestry, and the reintroduction of interest groups post-Covid, including a new monthly Singing Afternoon for Friends across the Area Meeting.

Maintaining and developing links with local churches included hosting a group of people walking between the churches in Garstang, and contributing four times a year to the Voice of the Church column in the local paper. Outreach activities included a presence at a local summer fête, and an open afternoon geared to residents of a new housing development near the Meeting House.

Our Meeting House is a sanctuary of peace and quiet in increasingly busy surroundings, but we are concerned with the financial impact of rising energy costs and the urgent environmental need to minimise our carbon footprint, including through better heat efficiency. Changing fully to LED lighting, using indicator lights, and introducing more accurate heating controls go some way towards meeting these concerns, but we look forward to redoubling our efforts in 2023.

Lancaster

Meetings for Worship:

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Achievement and performance

During 2022 attendance in person at Meetings for Worship slowly revived. As well as people returning to the Meeting House we welcomed new Attenders. Blended meetings began on 31 July 2022, so people who wanted to worship on Zoom, including those who would otherwise be prevented by distance or physical constraints from participating in worship, could join together with those in the Meeting House. The first in-person Local Business Meeting of 2022 was held in March but in some months Zoom was reverted to.

The Children's Meeting was held in person on the second and fourth Sundays, and the young people met on the first and third Sundays. Many of the children moved up to the young people's group early in 2022 but the remaining few children and families kept attending with enthusiasm.

Wednesday lunchtime Meeting for Worship began again on 1 June, having been laid down during Covid; afternoon Meeting for Worship on the second Sunday began again on 12 June and was followed by tea and cake.

Strengthening our spiritual community :

A "Friendly 8" continued to meet in person throughout 2022 with the intention to continue indefinitely.

Lectio Divina continues to be offered every other week, meeting online. The participants share a sacred reading and structured reflection on the text.

Conversation spaces, on Zoom, continued twice-weekly in the morning and once a month in the evening, until they were laid down in the summer.

A Quaker basics course was offered by Elders starting in October on every second Sunday meeting after our Meeting for Worship.

Outreach:

As part of Lancaster's heritage weekend the Meeting House was open to the local community on 9 September for tours and refreshments.

Continuing on from research done into the involvement of Quakers locally in slave economies, Meeting agreed in February that acknowledgement should be made in the form of a plaque at the Meeting House. The slavery memorial plaque was installed in the porch in November.

For World Quaker Day on 2 October Quakers from Tbilisi (Georgia) and Kyiv (Ukraine) joined a Meeting for Worship using Zoom. This was an opportunity to utilise the potential of blending equipment to great effect.

From the beginning of December the Social Room was made available on Sunday afternoons as a warm space open to all over the winter.

Challenges:

Adapting to blended meetings, including ironing out technical teething problems, has presented a major challenge.

Nominations Committee continue to struggle to fill the roles required. Exploration of the potential for simplifying structures was begun.

A further ongoing challenge is presented by changes to the Warden's role. A new staffing structure was agreed in November. The Warden moved out of the cottage in November and will continue part time in his role. Refurbishment of the cottage will be completed in 2023 in time for a newly appointed Assistant Warden to move in. The Deputy Warden continues with her part-time hours. There has been a need in 2022 to draw on Friends to help out with some basic duties.

Property:

Blending equipment was successfully installed.

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Achievement and performance

The Meeting House kitchen was refurbished extensively over the summer. This brings it up to the standard required for the level of catering it is regularly used for.

The scale of work needed on the cottage was assessed; work was begun in November when the cottage was vacated.

The Quiet Room project remains on hold.

Preston

We hold Meetings for Worship weekly, open to the public, and averaging fifteen in attendance, either in-person or virtually via video conferencing. On one Sunday we welcomed a class of Year 11 RE students from a local High School. On another occasion we met in a Member's garden instead of the Meeting House. Our Members also attend other Quaker events and meetings.

We maintain an open library of Quaker-related books.

We have collections for other charitable organisations, and donate to appeals for funding from other Quaker meetings.

The Meeting House is hired out to several local community groups at affordable rates.

Yealand

2022 slowly allowed Yealand Meeting to establish a new pattern of blended meetings, with numbers meeting in person gradually increasing to approximately fifteen on a Sunday. Despite teething problems, the 'Owl' has enabled about seven Friends to join us by Zoom each week. This has allowed participation by Friends who could not otherwise attend, and has worked well for Sunday morning and Business Meetings. Wednesday morning Meetings continue to be in-person only.

Our various groups have re-established themselves following the pandemic. They include Wholeness and Healing and Experiment with Light groups. New approaches are being tried. Our Pastoral Team now facilitates 'Afterword' on the first Sunday of each month when there is no business. The team has also organised 'Sharing our Quakerism' sessions. A monthly group has been discussing Quaker Faith and Practice.

National Quaker Day for Healing and Wholeness was marked.

The summer garden party was reinstated and included a creative arts exhibition, showing work from members of the Meeting. It was very well attended by Friends and our neighbours in Yealand. A later 'Meet the Quakers' event attracted quite a few visitors but has not brought new attenders - at least not yet!

The Old School Hostel has been open for sole-use bookings and has been very well used. We have been pleased to welcome Vision of Adventure, an organisation that provides adventure weekends for the partially sighted, along with a range of other groups and families. We offered a couple of short stays free of charge to Ukrainian families in the area.

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Financial review

Investment policy and objectives

The charity holds investments in property, listed securities and unlisted investments (shares and bonds). At the end of 2022 52% of assets are property, 39% are listed investments, 2% are unlisted investments and 8% are cash. The Trustees recommend a decrease in the proportion of assets held in property, which would require the sale of land or buildings, so that the rough split between types of assets is 40% property, 45% listed investments, 5% unlisted investments and 10% cash. This is under consideration by Area Meeting.

Our portfolio of listed securities is managed by Canaccord Genuity Wealth Management, who have an office in Lancaster. The portfolio is managed to generate income with a risk profile of 5 (on a scale of 1 to 9, with 9 being the highest risk). The restrictions on the portfolio are taken from the investment policy of Britain Yearly Meeting. This excludes companies that are primary producers of pornography, munitions and related products, fossil fuels, tobacco, alcohol or involved in gambling, or which are profiting from the occupation of Palestine.

At the end of 2022 our investment portfolio was split approximately as follows: Debt and fixed interest - 28% (2021: 21%) Equities - 59% (2021: 66%) Alternative Investments - 8% (2021: 10%) Cash - 5% (2021: 3%) The Trustees Finance Subcommittee reviews our investment portfolio in the light of quarterly statements.

Unlisted investments are direct investments in organisations whose work furthers the concerns of the Meeting. These include withdrawable share capital in societies, as well as bonds and unlisted company shares. Organisations we have invested in are active in renewable energy, provision of affordable housing and the energy efficiency retrofit of buildings.

Area Meeting, Preston, Garstang and Yealand Meetings bank with the Co-operative Bank, as this is one of the few banks with a good record on ethics and sustainability that still offer accounts to organisations. Lancaster Meeting has its current accounts with the Cumberland Building Society and a savings account with the Ecology Building Society. Previous accounts with Nat West and RBS were still in the process of being closed at the end of 2022.

Reserves policy

Reserves are the unrestricted assets held by the charity. Free reserves at 31 December 2022 amounted to £2,433,235 (2021 - £2,664,622).

A revised reserves policy was recommended by the Trustees in July 2023. It is under consideration by Area Meeting. This set out the following as target reserves:

Reason Amount required
To provide for unexpected £200,000 Approximately 12 months of income to allow time for
falls in income expenditure to be reduced
To carry out planned work £1,000,000 Value of work identified by the Quinquennial surveys
on buildings carried out in 2020 and 2021
To make our buildings £500,000 This is an estimate.
zero-carbon by 2030
To provide ongoing income £500,000 With a 5% return this would provide an annual income
of £25,000.
Total £2,200,000
Excess of assets over target
reserves: £233,235

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Structure, governance and management

Governing document

The Governing Document was adopted on 12 July 2009.

All Trustees, the Clerk to Trustees and the Area Meeting Treasurer are appointed by Area Meeting following nomination by Area Meeting Nominations Committee or Trustees Nominations Subcommittee. The Area Meeting Treasurer is, and is normally, a Trustee.

The following were Trustees for the year ended 31 December 2022: G Bartram, J Bennetts (Clerk), A Chapman, E Eddington, C Hall Farthing, A E Hughes, A A Marsden, S J Taylor, W N Taylor, A Tyldesley, D W McQueen, P D Law-Jones, C M Mulhern.

Trustees' Terms of service Trustees A Chapman - 8 July 2017-31 December 2023 C H Farthing - 13 January 2018-31 December 2023 G Bartram - 1 January 2019-31 December 2024 A Tyldesley - 9 March 2019-31 December 2024 J Bennetts - 7 September 2019-31 December 2022 (reappointed to serve until 31 December 2025) A E Hughes - 11 July 2020-31 December 2022 (reappointed to serve until 31 December 2025) S J Taylor - 1 January 2021-31 December 2023 A A Marsden - 1 January 2022-31 December 2024 E Eddington - 1 January 2022-31 December 2022 D W McQueen - 1 January 2022-31 December 2022 W N Taylor - 9 September 2022-31 December 2025 P D Law-Jones - 12 November 2022-31 December 2025 C M Mulhern - 12 November 2022-31 December 2025

Those acting as Trustees at the time this report was approved were:

J Bennetts (Clerk), G Bartram, A Chapman, C Hall Farthing, A E Hughes, P D Law-Jones, A A Marsden, C M Mulhern, A Tyldesley, S J Taylor, W N Taylor.

Policies for the induction and training of Trustees

The work of Trustees is defined by the Terms of Reference and Memoranda of Understanding between Trustees, Area Meeting and Local Meetings. Guidance for Quaker Trustees is provided by the Handbook for Trustees of Quaker Meetings published by the Quaker Stewardship Committee (2014). Upon nomination, Trustees are provided with a set of induction papers, referral to online sources and a briefing by the Clerk(s) to Trustees. All Trustees are encouraged to attend training courses for Quaker Trustees at Woodbrooke College (Birmingham), and any related courses or conferences.

Risk assessment

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Every third year individual buildings have risk assessments conducted for fire and other risks to individuals, and procedures are in place to manage these risks. Local Meetings have received copies of their insurance policies and each Meeting has a handbook for guidance. No Local Meetings or committees reported Data Protection issues to our Data Protection officer. The Area Meeting is a member of Thirtyone:eight (previously known as CCPAS), for Safeguarding. Safeguarding training is now a requirement for role holders within the AM. The Child Protection Policy of each Local Meeting is reviewed annually. This review for 2022 is satisfactory.

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Structure, governance and management

Meeting structure

Meetings for church affairs and meetings of Trustees, in which the Religious Society of Friends conducts its business, are Meetings for Worship based on silence, carrying the expectation that the way forward with divine guidance can be discerned if Members are truly listening together and to each other in a spirit of love and trust. The unity that is sought depends on the willingness of all to seek the truth in each other's utterances. There is no voting because Friends (Quakers) believe that this emphasises divisions and inhibits the process of seeking a way forward with which all can unite, which is then expressed as the sense of the meeting.

"Stewardship involves prayer, and it involves thought, and it involves applying what emerges from the two. As individuals our particular talents may lead us to greater emphasis on one of those elements, but they can never be wholly divided within any of us, and as a community we need to be faithful to all three: prayer, thought and application." Christine A.M. Davis, Quaker Faith and Practice, 15.01.

The Clerk(s) of the meeting bear(s) the final responsibility for preparing the business and conducting the meeting. Minutes are drafted by the Clerk(s) during the meeting and then offered to the meeting for acceptance, amendment or rejection. The final decision about whether each minute represents the sense of the meeting is the responsibility of the meeting, not of the Clerk. Minutes are, therefore, approved during the meeting in which they are drafted.

Lancashire Central and North Area Quaker Meeting meets at such frequency, times and places as the Meeting itself directs. The Clerk may arrange for a special meeting to be held if necessary.

The sessions of Area Meeting for Business are open to all Members (and Attenders with the permission of the Clerk) of the Area Meeting. The business and activities of the Area Meeting should, at all times, be conducted in accordance with the provisions of Quaker Faith and Practice (5th edition, adopted June 2013, as amended by Britain Yearly Meeting in 2015).

It is the responsibility of the Area Meeting to appoint an auditor or independent examiner of the Area Meeting accounts.

Lancashire Central and North Area Quaker Meeting comprises all constituent Local Meetings contained within its area: Bailrigg, Garstang, Lancaster, Preston and Yealand. Some Local Meetings meet in their own premises, while others meet in rented accommodation or in private homes. Arrangements for the establishment, running or dissolution of constituent meetings shall be in accordance with Quaker Faith and Practice.

The Area Meeting is the level at which membership is held. The Area Meeting also holds responsibilities for the physical and spiritual nurturing of all within its care. Responsibility for the proper stewardship of funds, and the stewardship and overview of business within Area Meeting, lies with the Trustees. An Attender is one who, not being a Member, frequently attends a specific Local Meeting for Worship. Attenders often take an active part in the life of the Meeting including attending Meetings for Business, but they are not eligible to hold certain offices including that of Trustee.

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Structure, governance and management

Office holders

The Area Meeting appoints officers to help to undertake its work. In 2022 these were: Clerk Assistant Clerks Assistant Clerk Membership Registering Officer Treasurer Assistant Treasurer Custodian of Area Meeting Records Individuals from local meetings to coordinate funeral arrangements A Chaplain at Lancaster University Prison Chaplains (nominated by Area Meeting, appointed by each Prison) (up to 5) Elders (15) Pastoral Carers (formerly referred to as Overseers) (16) Newsletter Editor and Assistant Nominations Committee (8) Trustees (11) Data Protection Officer Safeguarding Officer Website Coordinator and Assistant Over Wyresdale Burial Ground Committee (3)

Representatives or contact persons to the following committees and councils of Britain Yearly Meeting (BYM):

Meeting for Sufferings (representative and second) Quaker Life Representative Council (representative and deputy) Northern Friends Peace Board (representative and deputy) Quaker Committee for Christian and Interfaith Relationships (contact)

The Area Meeting (AM) is part of Britain Yearly Meeting of the Religious Society of Friends. The AM has a two-way relationship with the central departments and work of the Yearly Meeting. A large part of this relationship is formed by those Friends who serve as representatives to the central committees and councils, one of the main links being the reports from our representatives to Meeting for Sufferings. Meeting for Sufferings is the standing representative body entrusted with the care of the business of Britain Yearly Meeting throughout the year.

The Area Meeting properties are all held by Friends Trusts Ltd as custodian Trustee. Area Meeting Trustees manage and operate the buildings on behalf of Area Meeting as the beneficial owners.

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LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Structure, governance and management

Linked Charities

There are three linked charities registered at the Charity Commission: The Maintenance Fund (1134224-1) The Education Fund (1134224-2)

The Need Fund (1134224-3)

Any remaining income at the end of the year shall be applied for any charitable purpose of the benefit of the Friends and Attenders in the Area Meeting, according to the Charity Commission Scheme dated May 17th 2013, under schedule Part 1.

Custodian Trustees

Friends Trusts Limited, Friends House, 173 Euston Road, London, NW1 2BJ, Company Number: 188362, Registered Charity Number: 237698

The Meeting is named Lancashire Central and North Area Quaker Meeting of the Religious Society of Friends (previously Lancaster Monthly Meeting of the Religious Society of Friends), Charity Commission registration number 1134224. The Trustees who served during the year did so in accord with the Governing Document of 12 July 2009 which manages Charity Commission Scheme 145636 Sealed 31 May 1995, amended with case number 343881 Sealed 4 March 2004, and further amended with case number 346795 Sealed 17 May 2013.

For the whole of 2022 the Clerk was James Bennetts, the Assistant Clerk was Christine Hall Farthing and the Treasurer was Anne Chapman.

There is no chief executive officer but day-to-day management is entrusted to the Clerk who consults other Trustees whenever necessary or holds business over until the next meeting of Trustees.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ J Bennetts - Trustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

Independent examiner's report to the trustees of Lancashire Central and North Area Quaker Meeting

I report to the charity trustees on my examination of the accounts of Lancashire Central and North Area Quaker Meeting (the Trust) for the year ended 31 December 2022.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material 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 Trust as required by Section 130 of the Act; or

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

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

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.

Mr T M Preece

Scott & Wilkinson Dalton House 9 Dalton Square LANCASTER LA1 1WD

Date: .............................................

Page 15

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
Income and endowments from
Donations and legacies
2
Charitable activities
Church activities
Other trading activities
Investment income
3
Other income
4
Total
Expenditure on
Raising funds
5
Charitable activities
6
Church activities
Total
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
Transfers between funds
18
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£
44,726
78,490
-
26,724
2,403
152,343
13,556
247,515
261,071
(148,956)
(257,684)
26,297
(231,387)
2,664,622
2,433,235		 Yealand
fund
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Buildings
for
Church
Use
£
-
-
-
-
-
-
-
-
-
-
-
-
-
8
8

The notes form part of these financial statements

Page 16

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Notes
Income and endowments from
Donations and legacies
2
Charitable activities
Church activities
Other trading activities
Investment income
3
Other income
4
Total
Expenditure on
Raising funds
5
Charitable activities
6
Church activities
Total
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
Transfers between funds
18
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Restricted
donations
£
25
-
-
-
-
25
-
8,201
8,201
-
(8,176)
-
(8,176)
8,177
1		 Linked
Charities
£
53
-
-
27,544
-
27,597
-
1,300
1,300
-
26,297
(26,297)
-
-
-		 2022
Total
funds
£
44,804
78,490
-
54,268
2,403
179,965
13,556
257,016
270,572
(148,956)
(239,563)
-
(239,563)
2,672,807
2,433,244		 2021
Total
funds
£
41,174
46,151
-
62,364
10,723
160,412
17,259
189,571
206,830
270,478
224,060
-
224,060
2,448,747
2,672,807

The notes form part of these financial statements

Page 17

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

BALANCE SHEET 31 DECEMBER 2022

Notes
Fixed assets
Tangible assets
13
Investments
Investments
14
Investment property
15
Current assets
Debtors
16
Cash at bank and in hand
Creditors
Amounts falling due within one year
17
Net current assets
Total assets less current liabilities
NET ASSETS		 Unrestricted
funds
£
-
974,974
1,275,000
2,249,974
4,085
197,981
202,066
(18,805)
183,261
2,433,235
2,433,235		 Yealand
fund
£
-
-
-
-
-
-
-
-
-
-
-		 Buildings
for
Church
Use
£
8
-
-
8
-
-
-
-
-
8
8

The notes form part of these financial statements

Page 18

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

BALANCE SHEET - continued 31 DECEMBER 2022

Notes
Fixed assets
Tangible assets
13
Investments
Investments
14
Investment property
15
Current assets
Debtors
16
Cash at bank and in hand
Creditors
Amounts falling due within one year
17
Net current assets
Total assets less current liabilities
NET ASSETS		 Restricted
donations
£
-
-
-
-
-
1
1
-
1
1
1		 Linked
Charities
£
-
-
-
-
-
-
-
-
-
-
-		 2022
Total
funds
£
8
974,974
1,275,000
2,249,982
4,085
197,982
202,067
(18,805)
183,262
2,433,244
2,433,244		 2021
Total
funds
£
8
1,165,440
1,275,000
2,440,448
11,381
237,472
248,853
(16,494)
232,359
2,672,807
2,672,807

The notes form part of these financial statements

Page 19

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

BALANCE SHEET - continued 31 DECEMBER 2022

Funds
18
Unrestricted funds:
Trustees and Area Meeting
Garstang Meeting
Lancaster Meeting
Preston Meeting
Yealand Meeting
Designated (Yealand Septic Tank)
Restricted funds:
Buildings for Church Use
Restricted donations
Total funds		 2,224,574
4,014
53,455
47,621
101,870
1,701
2,433,235
8
1
9
2,433,244		 2,425,530
5,651
88,525
54,166
90,750
-
2,664,622
8
8,177
8,185
2,672,807

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. A Chapman - Trustee

............................................. J Bennetts - Trustee

The notes form part of these financial statements

Page 20

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. Accounting policies

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following the 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 (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Financial reporting standard 102 - reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

The charity receives government grants. Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Investment property

Investment properties are included at market value at the balance sheet date. Realised gains and losses on investment properties are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.

Unrealised gains or losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.

Page 21

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

1. Accounting policies - continued

Investment property

Market values have been based on a local estate agent's opinion of the expected sale price and agreed by the trustees.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Fixed asset investments

Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.

Unrealised gains or losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.

Fixed assets

The charity owns meeting houses, warden's cottages and a burial ground. No historical cost or valuation is available. The trustees feel that obtaining a valuation would be too costly and add little value to the accounts. All expenditure on the properties is written off to the SOFA in the year.

2. Donations and legacies

Unrestricted
Restricted
funds
funds
£
£
Donations
40,771
53
Gift aid
3,955
-
BYM funds received as an agent
-
25
44,726
78		 2022
Total
funds
£
40,824
3,955
25
44,804		 2021
Total
funds
£
28,418
1,463
11,293
41,174

Other funds collected as an agent

The charity collects donations which are passed to other organisations. At the balance sheet date there was £727 (2021 - £6,639) collected which will be passed to the relevant charities in the following year.

Page 22

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

3. Investment income

Unrestricted
Restricted
funds
funds
£
£
Rents received
10,998
12,402
Wayleave
99
-
Income from investments
15,627
15,142
26,724
27,544
4.
Other income
Unrestricted
Restricted
funds
funds
£
£
Septic tank maintenance
1,951
-
Release of covenant
-
-
Bank interest
452
-
2,403
-
5.
Raising funds
Investment management costs		 Unrestricted
Restricted
funds
funds
£
£
Rents received
10,998
12,402
Wayleave
99
-
Income from investments
15,627
15,142
26,724
27,544
4.
Other income
Unrestricted
Restricted
funds
funds
£
£
Septic tank maintenance
1,951
-
Release of covenant
-
-
Bank interest
452
-
2,403
-
5.
Raising funds
Investment management costs		 2022
Total
funds
£
23,400
99
30,769
54,268
2022
Total
funds
£
1,951
-
452
2,403		 2021
Total
funds
£
23,913
245
38,206
62,364
2021
Total
funds
£
491
10,000
232
10,723
Unrestricted
Restricted
funds
funds
£
£
Portfolio management
9,301
-
Rental management fees
2,262
-
Property repairs
1,993
-
13,556
-		 2022
Total
funds
£
9,301
2,262
1,993
13,556		 2021
Total
funds
£
9,639
2,330
5,290
17,259
Investment management costs
2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Portfolio management 9,301 - 9,301 9,639
Rental management fees 2,262 - 2,262 2,330
Property repairs 1,993 - 1,993 5,290
13,556 - 13,556 17,259

Page 23

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

6. Charitable activities costs

6.
Charitable activities costs
Church activities
7.
Grants payable
Church activities		 Direct
Costs
£
5,507		 Grant
funding of
activities
(see note
7)
£
69,206		 Support
costs (see
note 8)
£
182,303
2022
£
69,206		 Totals
£
257,016
2021
£
35,182

Page 24

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

7. Grants payable - continued

The total grants paid to institutions during the year was as follows:

Britain Yearly Meeting
Friends World Committee for Consultation
Quaker Social Action
Bradford
Northern Friends Peace Board
Richardson Institute
Kendal Quaker Tapestry
United Nations Association - UK
Gatesbield Quaker Housing
CORD
Oswestry Meeting Building Fund
Campaign Against the Arms Trade
Amnesty International
Lancaster Christian Aid
Practical Action
Friends of Hlekweni
Glenthorne Welcome Project
Scholarships for Street Kids
Quaker Service
Toilet Twinning
Friends Housing Bursary Trust
Woodbrooke
Lancaster Churches Together
Mines Advisory Group
Palestinian Students
Manchester & Warrington Summer School
Teenage General Meeting
Lancaster University Chaplaincy Centre
Marazion Friends Meeting
Dorothy Foundation
International Voluntary Service
Support And Love Via Education
Tools For Self Reliance
Crawshawbooth Meeting House Appeal
Friends Community Development Trust
Osmotherley Meeting House
A Rocha UK
Crawley Friends Housing Association
Anti-Slavery International
The total grants paid to individuals during the year was as follows:
Individual grants		 2022
£
39,201
-
-
-
2,500
-
-
150
20,000
100
-
20
15
250
100
-
100
100
100
304
150
-
161
100
-
550
500
800
-
-
-
-
-
400
50
225
125
100
100
66,201
2022
£
3,005		 2021
£
19,600
223
100
449
-
264
(15)
150
8,000
-
125
-
15
250
100
100
-
100
-
120
100
100
161
100
100
525
500
800
125
100
100
100
100
-
-
-
-
-
-
32,492
2021
£
2,690

Page 25

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

7. Grants payable - continued

Grants to individuals consists of Need fund grants - £1,000 (2021 - £500), Education fund grants - £300 (2021 - £300) and other grants - £1,705 (2021 - £1,890).

8. Support costs

Support costs
Meeting Governance
houses costs Totals
£ £ £
Church activities 173,674 8,629 182,303

9. Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.

10. Staff costs

Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Wardens and other support staff
No employees received emoluments in excess of £60,000.
Comparatives for the statement of financial activities (2021 figures)
Unrestricted

funds
£
Income and endowments from
Donations and legacies
29,054
Charitable activities
Church activities
46,151
Other trading activities
-
Investment income
32,580		 2022
2021
£
£
53,866
42,407
395
358
54,261
42,765
2022
2021
11
8
Buildings
for
Yealand
Church
fund
Use
£
£
-
-
-
-
-
-
-
-

11. Comparatives for the statement of financial activities (2021 figures)

Page 26

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

11. Comparatives for the statement of financial activities (2021 figures) - continued

Unrestricted
funds
£
Other income
10,723
Total
118,508
Expenditure on
Raising funds
17,259
Charitable activities
Church activities
185,155
Total
202,414
Net gains on investments
270,478
NET INCOME/(EXPENDITURE)
186,572
Transfers between funds
29,811
Net movement in funds
216,383
Reconciliation of funds
Total funds brought forward
2,448,239
Total funds carried forward
2,664,622
Restricted
donations
£
Income and endowments from
Donations and legacies
11,293
Charitable activities
Church activities
-
Other trading activities
-
Investment income
-
Other income
-
Total
11,293
Expenditure on
Raising funds
-		 Yealand
fund
£
-
-
-
500
500
-
(500)
-
(500)
500
-
Linked
Charities
£
827
-
-
29,784
-
30,611
-		 Buildings
for
Church
Use
£
-
-
-
-
-
-
-
-
-
8
8
Total
funds
£
41,174
46,151
-
62,364
10,723
160,412
17,259

Page 27

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

11.
Comparatives for the statement of financial activities (2021 figures) - continued
Restricted
donations
£
Charitable activities
Church activities
3,116
Total
3,116
Net gains on investments
-
NET INCOME
8,177
Transfers between funds
-
Net movement in funds
8,177
Reconciliation of funds
Total funds brought forward
-
Total funds carried forward
8,177		 Linked
Charities
£
800
800
-
29,811
(29,811)
-
-
-		 Total
funds
£
189,571
206,830
270,478
224,060
-
224,060
2,448,747
2,672,807

The table above shows the breakdown of the final column of the Statement of Financial Activities on page 17, which are the figures for 2021.

12. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examination fee of £6,036 (2021 - £5,040).

13. Tangible fixed assets

Tangible fixed assets
Freehold
property
£
Cost
At 1 January 2022 and 31 December 2022 8
Net book value
At 31 December 2022 8
At 31 December 2021 8

Tangible fixed assets are the meeting houses, warden's cottages and a burial ground, which are held at deemed cost of £1 each in the balance sheet.

Functional Property Assets

Local Meeting Use of Building Value
Basis of Valuations
Garstang Meeting House £959,076 Insurance value
Meeting House, Including Warden's
Lancaster Cottage £3,104,966 Insurance value

Page 28

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

13. Tangible fixed assets - continued

Preston Meeting House £589,227 Insurance value
Warden's House £205,050 Insurance value
Yealand Meeting House £492,323 Insurance value
Old School (used as a hostel) £1,248,466 Insurance value
Warden's House (18 Yealand Road) £262,924 Insurance value

14. Fixed asset investments

Market value
At 1 January 2022
Additions
Disposals
Revaluations
At 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021
There were no investment assets outside the UK.
Cost or valuation at 31 December 2022 is represented by:
Valuation in 2022
15.
Investment property
Fair value
At 1 January 2022
and 31 December 2022
Net book value
At 31 December 2022
At 31 December 2021
Fair value at 31 December 2022 is represented by:
Valuation in 2022		 Listed
investments
£
1,152,440
67,062
(151,898)
(130,800)
936,804
936,804
1,152,440
Listed
investments
£
936,804		 Unlisted
investments
£
13,000
25,170
-
-
38,170
38,170
13,000
Unlisted
investments
£
38,170		 Totals
£
1,165,440
92,232
(151,898)
(130,800)
974,974
974,974
1,165,440
Totals
£
974,974
£
1,275,000
1,275,000
1,275,000
£
1,275,000

Page 29

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

15. Investment property - continued

Investment properties were valued by Hackney and Leigh Estate Agents, Carnforth at 17 November 2021 and the valuation is agreed by the trustees as a good estimate of the market value. The agents based their valuation on sale values of similar properties in the area.

16. Debtors: amounts falling due within one year

Trade debtors
Other debtors
Prepayments
Creditors: amounts falling due within one year
Trade creditors
Taxation and social security
Other creditors		 2022
£
3,935
-
150
4,085
2022
£
12,830
177
5,798
18,805		 2021
£
3,097
8,284
-
11,381
2021
£
4,726
208
11,560
16,494

17. Creditors: amounts falling due within one year

18. Movement in funds

Movement in funds
Unrestricted funds
Trustees and Area Meeting
Garstang Meeting
Lancaster Meeting
Preston Meeting
Yealand Meeting
Designated (Yealand Septic Tank)
Restricted funds
Buildings for Church Use
Restricted donations
Linked charity - Education
Linked charity - Maintenance
Linked charity - Needs
TOTAL FUNDS		 At 1/1/22
£
2,425,530
5,651
88,525
54,166
90,750
-
2,664,622
8
8,177
-
-
-
8,185
2,672,807		 Net
movement
in funds
£
(227,253)
(1,637)
(35,070)
(6,545)
11,120
1,701
(257,684)
-
(8,176)
741
2,083
23,473
18,121
(239,563)		 Transfers
between
funds
£
26,297
-
-
-
-
-
26,297
-
-
(741)
(2,083)
(23,473)
(26,297)
-		 At
31/12/22
£
2,224,574
4,014
53,455
47,621
101,870
1,701
2,433,235
8
1
-
-
-
9
2,433,244

Page 30

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

18. Movement in funds - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
Trustees and Area Meeting
Garstang Meeting
Lancaster Meeting
Preston Meeting
Yealand Meeting
Designated (Yealand Septic Tank)
Restricted funds
Restricted donations
Linked charity - Education
Linked charity - Maintenance
Linked charity - Needs
TOTAL FUNDS		 Incoming
resources
£
17,487
7,636
77,079
9,447
38,743
1,951
152,343
25
1,041
2,083
24,473
27,622
179,965		 Resources
expended
£
(100,298)
(9,273)
(112,149)
(11,243)
(27,858)
(250)
(261,071)
(8,201)
(300)
-
(1,000)
(9,501)
(270,572)		 Gains and
Movement
losses
in funds
£
£
(144,442)
(227,253)
-
(1,637)
-
(35,070)
(4,749)
(6,545)
235
11,120
-
1,701
(148,956)
(257,684)
-
(8,176)
-
741
-
2,083
-
23,473
-
18,121
(148,956)
(239,563)		 Gains and
Movement
losses
in funds
£
£
(144,442)
(227,253)
-
(1,637)
-
(35,070)
(4,749)
(6,545)
235
11,120
-
1,701
(148,956)
(257,684)
-
(8,176)
-
741
-
2,083
-
23,473
-
18,121
(148,956)
(239,563)
(257,684)
(8,176)
741
2,083
23,473
18,121
(239,563)

Comparatives for movement in funds

Unrestricted funds
Trustees and Area Meeting
Garstang Meeting
Lancaster Meeting
Preston Meeting
Yealand Meeting
Restricted funds
Yealand fund
Buildings for Church Use
Restricted donations
Linked charity - Education
Linked charity - Maintenance
Linked charity - Needs
TOTAL FUNDS		 At 1/1/21
£
2,190,411
6,184
107,923
47,870
95,851
2,448,239
500
8
-
-
-
-
508
2,448,747		 Net
movement
in funds
£
205,308
(533)
(19,398)
6,296
(5,101)
186,572
(500)
-
8,177
856
2,310
26,645
37,488
224,060		 Transfers
between
funds
£
29,811
-
-
-
-
29,811
-
-
-
(856)
(2,310)
(26,645)
(29,811)
-		 At
31/12/21
£
2,425,530
5,651
88,525
54,166
90,750
2,664,622
-
8
8,177
-
-
-
8,185
2,672,807

Page 31

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022

18. Movement in funds - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
Trustees and Area Meeting
Garstang Meeting
Lancaster Meeting
Preston Meeting
Yealand Meeting
Restricted funds
Yealand fund
Restricted donations
Linked charity - Education
Linked charity - Maintenance
Linked charity - Needs
TOTAL FUNDS		 Incoming
resources
£
34,106
6,933
41,238
7,128
29,103
118,508
-
11,293
1,156
2,310
27,145
41,904
160,412		 Resources
expended
£
(90,266)
(7,466)
(60,636)
(9,842)
(34,204)
(202,414)
(500)
(3,116)
(300)
-
(500)
(4,416)
(206,830)		 Gains and
Movement
losses
in funds
£
£
261,468
205,308
-
(533)
-
(19,398)
9,010
6,296
-
(5,101)
270,478
186,572
-
(500)
-
8,177
-
856
-
2,310
-
26,645
-
37,488
270,478
224,060

19. Related party disclosures

Donations made without conditions by the Trustees and their spouses to the charity totalled £4,521 (2021 - £3,760).

Page 32

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted
Restricted
funds
funds
£
£
Income and endowments
Donations and legacies
Donations
40,771
53
Gift aid
3,955
-
BYM funds received as an agent
-
25
44,726
78
Investment income
Rents received
10,998
12,402
Wayleave
99
-
Income from investments
15,627
15,142
26,724
27,544
Charitable activities
Letting meeting house
76,976
-
Feed in tariff
1,514
-
CJRS grant
-
-
78,490
-
Other income
Septic tank maintenance
1,951
-
Release of covenant
-
-
Bank interest
452
-
2,403
-
Total incoming resources
152,343
27,622
Expenditure
Investment management costs
Portfolio management
9,301
-
Rental management fees
2,262
-
Property repairs
1,993
-
13,556
-
Charitable activities
Sundries
1,366
-
Carried forward
1,366
-		 2022
Total
funds
£
40,824
3,955
25
44,804
23,400
99
30,769
54,268
76,976
1,514
-
78,490
1,951
-
452
2,403
179,965
9,301
2,262
1,993
13,556
1,366
1,366		 2021
Total
funds
£
28,418
1,463
11,293
41,174
23,913
245
38,206
62,364
38,576
1,411
6,164
46,151
491
10,000
232
10,723
160,412
9,639
2,330
5,290
17,259
241
241

This page does not form part of the statutory financial statements

Page 33

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted
Restricted
funds
funds
£
£
Charitable activities
Brought forward
1,366
-
Church activities
142
-
Library
476
-
Refugee Support Group
23
-
Children and young people
712
-
Refreshment committee
198
-
Committees and conferences
1,681
-
Overwyresdale maintenance
245
-
Place for Hope
-
-
Quakers in Criminal Justice
35
-
Pastoral day care
-
-
Thirty-one Eight
129
-
Fellowship day
500
-
Grants to institutions
58,000
8,201
Grants to individuals
1,705
1,300
65,212
9,501
Support costs
Meeting houses
Wages
53,866
-
Pensions
395
-
Rates
-
-
Water charges
1,593
-
Insurance
10,488
-
Light and heat
18,265
-
Telephone and broadband
1,595
-
Postage and stationery
1,656
-
Advertising
-
-
Waste collections
303
-
Building works - Lancaster
19,159
-
Building works - Yealand
-
-
Gardening
6,667
-
Cleaning
2,880
-
Staff training
1,319
-
Living Wage Foundation
72
-
Repairs and maintenance
21,642
-
Legal and professional fees
9,207
-
Recruitment
-
-
Zoom subscription
288
-
Furniture and equipment
21,792
-
Computer expenses
1,372
-
Payroll preparation fees
1,115
-
173,674
-		 2022
Total
funds
£
1,366
142
476
23
712
198
1,681
245
-
35
-
129
500
66,201
3,005
74,713
53,866
395
-
1,593
10,488
18,265
1,595
1,656
-
303
19,159
-
6,667
2,880
1,319
72
21,642
9,207
-
288
21,792
1,372
1,115
173,674		 2021
Total
funds
£
241
-
304
100
215
101
-
1,085
1,645
35
173
129
-
32,492
2,690
39,210
42,407
358
1,604
2,012
9,549
6,474
1,096
2,507
790
398
2,672
25,172
4,014
694
225
72
17,131
24,728
106
268
-
1,052
1,316
144,645

This page does not form part of the statutory financial statements

Page 34

LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Unrestricted
Restricted
funds
funds
£
£
Meeting houses
Governance costs
Sundries
125
-
Accountancy and legal fees
6,036
-
Legal and professional
1,795
-
Governance costs
521
-
Bank charges
152
-
8,629
-
Total resources expended
261,071
9,501
Net (expenditure)/income before gains and
losses
(108,728)
18,121
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
(18,156)
-
Net (expenditure)/income
(126,884)
18,121		 2022
Total
funds
£
125
6,036
1,795
521
152
8,629
270,572
(90,607)
(18,156)
(108,763)		 2021
Total
funds
£
111
5,040
436
-
129
5,716
206,830
(46,418)
30,236
(16,182)

This page does not form part of the statutory financial statements

Page 35