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2021-12-31-accounts

Leeds Area Quaker Meeting Registered Charity 1134542

Annual Report and Accounts 2021

Part 1 Legal and Administrative Details

Status and Objectives

Leeds Area Quaker Meeting is a Registered Charity 1134542. The object of the Leeds Area Meeting is the furtherance of the general religious and charitable purposes of the Religious Society of Friends (Quakers) in Britain in the Area of the Leeds Meeting and beyond.

Charity Details: Charity number 1134542

Registered Address: Friends Meeting House, 188 Woodhouse Lane, Leeds, LS2 9DX.

Website: www.leedsquakers.org.uk

Custodian Trustees - Property Friends Trust Limited, 173-177 Euston Road, London, NW1 2BJ

Stockbrokers: Charles Stanley & Co. Limited, 7 Park Row, Leeds, LS1 5HD

Solicitors: Ramsdens Solicitors LLP, Ramsden Street, Huddersfield, HD1 2TH

Accounts Examiner: Simon Bostrom, FCIE, West Yorkshire Community Accounting Service, Stringer House, 34 Lupton Street, Leeds, LS10 2QW.

Membership

The members of LAQM are those persons whose names are for the time being recorded in the official register maintained in accordance with the Quaker Faith and Practice Britain Yearly Meeting.

Membership (2021) 176 (2020) 182

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Governance and Governing Document.

The Leeds Area Quaker Meeting (LAQM) Governing Document was adopted in December 2008 and reviewed in February 2018. Previously an excepted charity, LAQM was registered with the Charity Commission on 26 February 2010. In addition to the Governing Document adopted in 2008 there is a Charity Scheme which brings together all the former trusts relating to previous Monthly Meetings into the current Area Meeting. This can be described as “ The scheme governing the charities now known together as Leeds Area Quaker Meeting (1134542) and altering or effecting part of Brighouse, Leeds and Settle Buildings Charity (228684) dated 31st March 2015”

Britain Yearly Meeting (BYM) is the final constitutional authority of the Religious Society of Friends in Great Britain. Its membership consists of all those who belong to the Quaker Area Meetings. LAQM is one of 70 constituent Area Meetings within Britain Yearly Meeting.

The object of LAQM is the furtherance in Leeds and beyond of the general religious and charitable purposes of the Religious Society of Friends (Quakers) in Britain, or Britain Yearly Meeting (BYM). There are seven clauses set out in the charity’s governing document which describe these ways more fully:

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Trustees Governance

Trustees of LAQM are appointed in accordance with the charity’s governing document, which states:

The Area Quaker meeting shall appoint from its membership a body of trustees not ordinarily fewer than five or more than fifteen persons.

i. The trustees shall so far as practicable include the Area Quaker meeting treasurer and representatives of each meeting contained within the Area Quaker meeting, but not the clerk of the Area Quaker meeting, nor any employee of the Area Quaker meeting.

ii. One trustee, but not the Area Quaker meeting treasurer, shall be appointed by Area Quaker meeting in session to act as clerk to the trustees.

The appointments shall be reviewed at intervals not exceeding three years. A trustee can be reappointed on no more than two occasions to give an unbroken term of service as a trustee of the Area Quaker meeting not exceeding nine years. That person cannot then be reappointed as a trustee of that Area Quaker meeting until three years have elapsed after the end of the last period of service in that capacity.

The following trustees served in the reporting period: 1st January - 31st December 2021

Trustee Appointments 2021

Peter Coltman 1st term, ends 31/12/2022 (LAQMT Clerk designate) (Adel) Sophie Bevan from 07/07/21 1st term, ends 31/12/2023 (Carlton Hill) Gavin Burnell 1st term, ends 31/12/2021 (Carlton Hill) Pat Gerwat from 4/5/21 1st term, end 31/12/2021 (Adel) Tricia Griffin from 05/09/21 1st term, ends 31/12/2023 (Carlton Hill) Iona Lyons 2[nd] term, ends 31/05/21 Carlton Hill & LAQM Clerk to Trustees) Chris Staynes 1st term ends 31/12/23 (Gildersome) Diana Jakeways 2nd term, ends 31/12/2022 (Ilkley and LAQM Treasurer) David Griffiths 1st term ends 31/12/2022 (Rawdon) Christine Middleton 1st term ends 31/12/2021 (Roundhay) Martin Schweiger 1st term ends 31/12/2022 (Roundhay)

Data Protection: Keith Mollison is serving in this role as part of his duties as Assistant Clerk (Membership)

Trustees, Observers and Co-Treasurers are each required to sign Register of Interest statements annually.

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Leeds Area Quaker Meeting Office Holders 2021 Clerk: Martin Ford Assistant Clerk (membership): Keith Mollison

Clerk of Trustees: Iona Lyons until 31.5.21 then Peter Coltman LAQM Treasurer: Diana Jakeways

Safeguarding Coordinators: Joanna Lesser, Christine Middleton, Fiona Pacey and Peter William

Safeguarding Trustee : Christine Middleton

The following Trustees were appointed to serve in 2022

Trustee Appointments 2022 Sophie Bevan (Carlton Hill) 1[st] term ends Peter Coltman 1st term, ends 31/12/2022 (LAQMT Clerk) (Adel) Oversight of Property, Employment and Investment Pat Gerwat 1st term, ends 31/12/2022 (Adel) Oversight of Employment Tricia Griffin (Carlton Hill) David Griffiths 1st term ends 31/12/2022 (Rawdon) Oversight of Grants Diana Jakeways 2nd term, ends 31/12/2022 (Ilkley and LAQM Treasurer) Oversight of Grants and Investment Christine Middleton (Roundhay) 2nd term ends 31/12/2024 (Roundhay) Oversight of Safeguarding) Martin Schweiger (Roundhay) 1st term ends 31/12/2022 (Roundhay) Oversight of Property and Health and Safety Chris Staynes (Gildersome) 1st term ends 31/12/23 (Gildersome) Oversight of Health and Safety Data Protection: Keith Mollison is serving in this role as part of his duties as Assistant Clerk (Membership)

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Part 2 Trustee Report -

This is the 2021 Annual Report and examined, but un-audited, Accounts for Leeds Area Quaker Meeting (LAQM) of the Religious Society of Friends (Quakers) in Britain. The report covers the period from 1 January to 31 December 2021.

Quaker Meetings for Leeds Area

One of the primary ways we fulfil our charitable purpose is through the regular holding of public meetings for worship in the manner of Friends: it is the leadings in these meetings for worship that inform and nurture our spiritual development and the action that springs from it. Subject to the limitations of pandemic legislation, during 2021, meetings for worship were organised at the following locations and at the days and times indicated.

Adel Friends Meeting
House
New Adel Lane, Leeds,
LS16 6AZ
tel: 0113 289 9626
Meeting for Worship:
Sundays, 10.45 am
Otley Quaker Meeting
The Courthouse,
Courthouse St, Otley,
LS21 3AN.
For details, telephone:
0113 318 8084
Meeting for Worship:
10:45 am on first and
third Sundays		 Carlton Hill Friends
Meeting House
188 Woodhouse
Lane, Leeds, LS2
9DX
tel: 0113 242 2208
Meeting for
Worship: Sundays,
10.45 am
first Thursday of
the month, 6.00 pm
fourth Sunday of
the month, 9.30 am		 Gildersome
Friends Meeting
House
75 Street Lane,
Gildersome, Leeds,
LS27 7HX
tel: 0113 285 2466
Meeting for
Worship: Sundays,
10.45 am		 Roundhay Friends
Meeting House
136 Street Lane,
Leeds, LS8 2BW
tel: 0113 293 3684
Meeting for
Worship: Sundays,
10.45 am
Ilkley Friends
Meeting House
Queens Road, Ilkley,
Leeds, LS29 9QJ
tel: 01943 600806 or
01943 601181
Meeting for Worship:
Sundays, 10.30 am		 Rawdon Friends
Meeting House
Quakers Lane,
Rawdon, Leeds,
LS19 6HU
tel: 0113 250 4904
Meeting for
Worship: Sundays,
10.45 am		 Leeds University,
Leeds LS2 9JT
Claire Chapel, The
Emmanuel Centre.
Staff and students
from the University
of Leeds and Leeds
Beckett University
are welcome.
Meeting for
Worship:
Tuesdays, 1.05pm		 Bedford Court
Extra Care
Housing and
Residential Home
Olive Lodge,
Broadgate Lane,
Horsforth, Leeds
LS18 4SE
Meeting for
Worship: first and
third Wednesdays,
10.30am

Area and Local Meeting Activities

Our ability to hold Meetings for Worship has been severely curtailed by the continuing pandemic. Up until Easter, we were unable to experience the solidarity which comes from meeting and worshipping together; meetings had to be held by zoom. When

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face-to-face meeting became possible, most Meetings held ‘blended’ meeting - i.e. live combined with zoom, though one Meeting decided that this was distracting and held separate live and zoom meetings. Another Meeting met al fresco when the weather allowed. We were saddened in the earlier part of the year that we were unable to attend the funerals of Friends who had died.

We are both a diminishing and an ageing group and this in turn affects our ability to do the jobs which are needed to keep us going from day to day, much of which is associated with running premises. Though our numbers have almost halved in the last forty years, we still maintain the same number of Meeting Houses. – and this was one of the issues which we tried to address during 2021 in a seminar in which we were united in agreeing that we had more property than we need. However, we were unable to agree how to reduce it.

Despite this, our Quaker work and witness continued. Three examples: we joined with other Quakers in Yorkshire to appoint a youth development worker. Some Friends joined a successful lobby of Leeds City Council to pass a motion supporting the United Nations Treaty on the Prohibition of Nuclear Weapons which came into force in January 2021. A session of Quaker Quest, designed to explain Quakerism to nonmembers, was held by zoom at Ilkley.

Trustee Business in 2021

Throughout 2021, trustees met six times to conduct the work of the charity. Because much of this has to be devolved to individual meetings, we have a memorandum of understanding which defines where responsibilities lie. This was renewed in 2021 using a simplified two-page document.

The pandemic has affected the charity in a number of ways. Responsibility for the safe holding of Meetings has been a matter of continuous concern throughout the year as conditions changed. We have also seen a reduction in the income we usually receive from lettings. Nonetheless, we continue to have substantial reserves and we eased the burden on individual Meetings by arranging to pay half the amount due to Britain Yearly Meeting from these.

Routine business includes the maintenance of property. Meeting Houses are reviewed every five years. In 2021, Ilkley and Rawdon were inspected and appropriate maintenance work undertaken.

We considered the possibility of employing a paid administrator to help us. Unfortunately we were unable to define a role which would both lighten the burden on the Clerk of Trustees and the Clerk of Area Meeting and also provide the local help which every Meeting would welcome; we were also unsure about the affordability of such a post.

Safeguarding

Safeguarding matters are dealt with through the area wide Safeguarding Group. There were no safeguarding incidences in 2021 The safeguarding policy and procedure were reviewed and approved.

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Reserves policy

Our reserves policy was formally adopted on 16[th] May 2018 and amended on 20[th] November 2018.

The policy is to hold at Local Meeting level:

At Area Meeting level, the following Central reserves will be maintained, subject to annual review:

The Area Meeting reserves will be the sum of the local meeting reserves and the Central reserves. The acceptable range of reserves shall lie between a £20,000 deficit and a £50,000 surplus on the calculated figure.

The reserves will be maintained by an annual review by the treasurers and reported to the trustees, and by the discipline of setting aside a proportion of the rebuilding costs of our various buildings into the Building Futures Fund each year.

Building Futures Fund

This fund is held in a Leeds City Credit Union account from which we do not take interest so that it can be used to good effect while not required by LAQM.

During 2021 local meetings were only asked to pay 25% of the usual amount into the fund to help alleviate the loss of income from hiring of premises during the COVID pandemic. This reduced the annual income for BFF to £4525.

Payments of £7923 were made to Adel Meeting to bring the Adel Cottage investment property up to standard before re-letting.

The value of the fund at the year-end was £109,960

Grants

Income from our investments feeds into our Small Grants Fund, while collections by meetings and donations from individuals finance the Friends Action on Poverty Fund. The Small Grants sub-committee of the Trustees continued to meet to consider applications on a smaller scale to these two funds from organisations and individuals in need throughout the year. For non-Quaker organisations trustees accept Minutes from the Grants Subcommittee giving reasons for the donations. All of these Minutes were accepted by trustees in 2021

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Trustees agreed the following grants in 2021

Grants to non-Quaker organisations
Solace (Professional support for refugees and asylum seekers
dealing with mental trauma)		 £500
Circles of Life Women Together (Outreach Online Programme
to help BAME Women and Girls learn how they can tackle the
trauma of Lockdown safely)
£1000
Otley 2030 (training for teachers to help them deliver the
sustainability curriculum in schools)		 £1500
SEALS (outdoor walks with volunteers for refugees and
asylum seekers: to provide opportunities for socialization /
integration and to practise speaking English while benefitting
from interacting with the natural environment)		 £900
Otley 2030 (Fruit and Veg box scheme during half term and
school holidays for those who would not get any otherwise)		 £800

In addition to the Grants made at Area Meeting level, some Local Meetings hold collections for, or pass on funds on behalf of individuals to, various charities throughout the year. In 2021 these were as follows:

Acting as agent for:
BYM £6000
Quaker organisations £3768
Non-Quaker organisations £5423

Public Benefit Statement

In summary, the Trustees have demonstrated above how LAQM complies with the duty in Section 17 of the Charities Act 2011 to have due regard to public benefit, through

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Financial Review of 2021

The financial position of LAQM is shown in Section 3 of this report. Most activities within the Area Meeting are undertaken on a delegated basis by Local Meetings.

Each Local Meeting has its own treasurer. Local Meeting accounts are consolidated to produce the Leeds Area Quaker Meeting financial statements. The 2021 accounts consolidation activity has been undertaken again by West Yorkshire Community Accounting Service (WYCAS), Stringer House, 34 Lupton Street, Leeds, LS10 2QW.

During 2021, Trustees encouraged Local Meetings to seek to achieve fund-raising targets to raise money in support of the centrally-managed work of the Religious Society of Friends (Quakers) in Britain; the work of the Northern Friends Peace Board; Quaker collective activity in Leeds; and in support of Quakers in Yorkshire which emphasises opportunities for Children and Young People and wider outreach.

In relation to support of the centrally-managed work the sum of £125 per member was advised and attained to provide 50% of our yearly quota for BYM. Trustees decided to take the remaining 50% from central reserves to relieve the burden on local meetings while their hire income was reduced due to the COVID pandemic restrictions.

Overall this represents an excellent achievement to enable the central charitable work in the UK and overseas to be conducted on behalf of all Quakers in Britain.

The net movement of funds for the year was £34,788 comprising £19,563 on restricted funds and £15,215 on unrestricted funds. According to our reserves policy we should hold around £281,500 at the year end. Our unrestricted free reserves were actually £294,472 on 31.12.2021, which falls within the range of £261,500 to £331,500 specified in the policy.

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Approval and Submission

Finalised by Trustees on: 7[th] July, 2022

Submitted to LAQM on: 10[th] July 2022

Submitted to Britain Yearly Quaker Meeting Recording Clerk’s Office and Quaker Stewardship Committee on:

Submitted to the Charities Commission on:

This report and accounts were approved by Trustees on………….. and signed on their behalf by:

Peter Coltman

Trustee and Clerk of Trustees

Diana Jakeways

Trustee and Treasurer

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Leeds Area Quaker Meeting

Independent examiner's report to the trustees of Leeds Area Quaker Meeting

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021, which are set out on pages 12 to 20.

Responsibilities and basis of report

As the charity trustees 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 charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the 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:

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.

Simon Bostrom FCIE

26/8/2022

West Yorkshire Community Accounting Service

Stringer House

34 Lupton Street

Leeds LS10 2QW

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Leeds Area Quaker Meeting
Statement of Financial Activities
(including summary income and expenditure account)
for the year ended 31 December 2021
Notes
2021 2021 2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Income from:
Donations andlegacies 105,341 1,098 106,439 196,091
Letting of MeetingHouse 29,694 - 29,694 39,478
Activities 410 - 410 151
Rentfrom investment property 27,883 - 27,883 27,733
Interest and dividends 64 2,109 2,173 4,326
Other receipts 1,830 - 1,830 2,147
Total income 165,222 3,207 168,429 269,926
Expenditure on:
Cost of fundraising -
Investmentmanagement costs 5,382 - 5,382 3,675
Maintenance of investment property - - - -
Charitable activities
Propertymaintenance 39,470 - 39,470 31,921
Alterations andmajor repairs - - - -
Administrationand consultancy 4,401 96 4,497 4,504
Utilities, services andinsurance 21,711 - 21,711 24,828
Warden's employment (2) 31,492 - 31,492 32,359
Library 1,225 - 1,225 527
Outreach - - - 114
Committees and conferences 1,480 - 1,480 1,242
Grants payable 200 4,700 4,900 41,060
Activities 3,534 - 3,534 1,998
Northern FriendsPeaceBoard (NFPB) quota 1,810 - 1,810 1,870
Donations toYearlyMeeting 45,250 - 45,250 47,685
Donations to otherQuakergroups 2,115 - 2,115 2,621
Non-Quakerdonations 150 - 150 600
Depreciation 4,926 - 4,926 4,165
Governance costs
Accountancy andindependent examination 1,440 - 1,440 1,440
Total expenditure 164,586 4,796 169,382 200,609
Netgains/(losses)on investments 16,915 18,816 35,731 37,007
Net income /(expenditure) 17,551 17,227 34,778 106,324
Transfers between funds (2,336) 2,336 - -
Net movement in funds 15,215 19,563 34,778 106,324
Fund balances brought forward 4,627,633 244,244 4,871,877 4,765,553
Fund balances carried forward (3) 4,642,848 263,807 4,906,655 4,871,877
All incomingresources andresources expended derivefromcontinuing activities.

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----- Start of picture text -----
Leeds Area Quaker Meeting
Balance sheet
as at 31 December 2021 2021 2021 2021 2020
Unrestricted Restricted Total Total
£ £ £ £
Fixed assets
Tangible assets (4) 4,143,120 - 4,143,120 4,144,242
Investments (5) 205,256 229,497 434,753 411,505
Total fixed assets 4,348,376 229,497 4,577,873 4,555,747
Current assets
Debtors and prepayments (6) 620 - 620 -
Cash at bank 297,282 34,310 331,592 317,570
Total current assets 297,902 34,310 332,212 317,570
Current liabilities:
amounts falling due within one year
Creditors and accruals (7) 3,430 - 3,430 1,440
Total current liabilities 3,430 - 3,430 1,440
Net current assets / (liabilities) 294,472 34,310 328,782 316,130
Net assets 4,642,848 263,807 4,906,655 4,871,877
Funds
Unrestricted funds
General unrestricted funds 4,617,037 - 4,617,037 4,600,666
Designated funds (8) 25,811 - 25,811 26,967
Unrestricted funds 4,642,848 - 4,642,848 4,627,633
Restricted funds - 263,807 263,807 244,244
Total funds 4,642,848 263,807 4,906,655 4,871,877
The financial statements were approved by the board of trustees on 7/7/2022
Peter Coltman (Trustee)
----- End of picture text -----

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Leeds Area Quaker Meeting

Notes to the accounts

for the year ended 31 December 2021

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Investments

Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable

Grants payable with performance conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.

Grants payable without performance conditions

Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

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Leeds Area Quaker Meeting

Notes to the accounts

for the year ended 31 December 2021

1 Accounting policies continued

Tangible fixed assets

Tangible fixed assets costing more than £1000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Freehold land: nil Freehold buildings: 5 yearly revaluation. Equipment: over 5 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

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

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Leeds Area Quaker Meeting
Notes to the accounts continued
for the year ended 31 December 2021
**2 ** Staffcosts and numbers 2021 2020
£ £
Gross salaries 29,547 30,323
Pensions 1,945 2,036
31,492 32,359
Residential wardens were employed at Carlton Hill and Roundhay. In addition to the above, residential
wardens receive subsidised accommodation.
Defined contribution pension scheme 2021 2020
£ £
Costs ofthe scheme to the charityforthe year 1,945 2,036
Amount ofany contributions outstanding at the yearend - -
**3 ** Restricted funds Balance b/f Incoming Outgoing Transfers Balance c/f
£ £ £ £ £
FriendsActionon Poverty 4,462 1,090 800 1,150 5,902
LAQM Trustfund 230,096 20,933 96 (33) 250,900
Smallgrantsfund 9,686 - 3,900 1,219 7,005
244,244 22,023 4,796 2,336 263,807
Fund name Purpose of restriction
Friends Action on Poverty
LAQM Trust fund		 To provide grants to individuals or organisations in the Leeds area to
relieve poverty
This fund was formerly managed as a separate charity but was merged
with LAQM on 30 December 2012. The object of the fund is the
furtherance of the general religious and charitable purposes of the
Religious Society of Friends (Quakers) in Britain in the vicinity of Leeds
and Ilkley and beyond. Interest income from the fund is transferred to the
Small grants fund each year (£2,109 this year). Most of the fund balance
is in investments and the income is the growth on that investment. In
addition, £1,836 being income earned from solar panels has been
transferred into the fund.
Small grants fund To assist voluntary and charitable organisations running projects in line
with Quaker values of Truth, Simplicity, Sustainability, Peace and
Equality.
Leeds Area Quaker Meeting
Notes to the accounts continued
for the year ended 31 December 2021
**2 ** Staffcosts and numbers 2021 2020
£ £
Gross salaries 29,547 30,323
Pensions 1,945 2,036
31,492 32,359
Residential wardens were employed at Carlton Hill and Roundhay. In addition to the above, residential
wardens receive subsidised accommodation.
Defined contribution pension scheme 2021 2020
£ £
Costs ofthe scheme to the charityforthe year 1,945 2,036
Amount ofany contributions outstanding at the yearend - -
**3 ** Restricted funds Balance b/f Incoming Outgoing Transfers Balance c/f
£ £ £ £ £
FriendsActionon Poverty 4,462 1,090 800 1,150 5,902
LAQM Trustfund 230,096 20,933 96 (33) 250,900
Smallgrantsfund 9,686 - 3,900 1,219 7,005
244,244 22,023 4,796 2,336 263,807
Fund name Purpose of restriction
Friends Action on Poverty
LAQM Trust fund		 To provide grants to individuals or organisations in the Leeds area to
relieve poverty
This fund was formerly managed as a separate charity but was merged
with LAQM on 30 December 2012. The object of the fund is the
furtherance of the general religious and charitable purposes of the
Religious Society of Friends (Quakers) in Britain in the vicinity of Leeds
and Ilkley and beyond. Interest income from the fund is transferred to the
Small grants fund each year (£2,109 this year). Most of the fund balance
is in investments and the income is the growth on that investment. In
addition, £1,836 being income earned from solar panels has been
transferred into the fund.
Small grants fund To assist voluntary and charitable organisations running projects in line
with Quaker values of Truth, Simplicity, Sustainability, Peace and
Equality.

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Leeds Area Quaker Meeting
Notes to the accounts continued
for the year ended 31 December 2021
**4 ** Tangible assets Equipment Land and
buildings
Total
Cost £ £ £
At1January2021 20,823 4,131,749 4,152,572
Additions 3,804 - 3,804
At 31 December 2021 24,627 4,131,749 4,156,376
Depreciation
At1January2021 8,330 - 8,330
Chargeforyear 4,926 - 4,926
At 31 December 2021 13,256 - 13,256
Net book value
At 31 December 2021 11,371 4,131,749 4,143,120
At 31 December 2020 12,493 4,131,749 4,144,242
**5 ** Fixed assets investments 2021 2020
£ £
Carrying (market)value at beginning ofyear 411,505 278,077
Add:additions toinvestments at cost 25,000 100,000
Dividendsre-investedintofund 891 -
Less:disposals at carryingvalue (33,167) -
Add / (deduct): net gain/ (loss) on revaluation 35,731 37,007
Lessfundmanager'sfees (5,207) (3,579)
Carrying (market)value at end ofyear 434,753 411,505
Breakdownof investments agreeing with SOFAand Balance sheet
Market value at year end 2021 2020
£ £
Investment properties-seenote below
Investmentslisted onarecognised stockexchange,funds ortrusts 425,545 404,241
Cash 9,208 7,264
Total 434,753 411,505
When the various properties owned by the charity were revalued in January 2017 the investment element
and the programmerelated elementswerenot split.
It is not possible estimate these values with sufficient degree of certainty and so all of the charity's
properties have been included within fixed assets.
Income inthe year 2021 2020
£ £
Investment properties 27,883 27,733
Investmentslisted onarecognised stockexchange,funds ortrusts 2,109 4,213
Total 29,992 31,946
Leeds Area Quaker Meeting
Notes to the accounts continued
for the year ended 31 December 2021
**4 ** Tangible assets Equipment Land and
buildings
Total
Cost £ £ £
At1January2021 20,823 4,131,749 4,152,572
Additions 3,804 - 3,804
At 31 December 2021 24,627 4,131,749 4,156,376
Depreciation
At1January2021 8,330 - 8,330
Chargeforyear 4,926 - 4,926
At 31 December 2021 13,256 - 13,256
Net book value
At 31 December 2021 11,371 4,131,749 4,143,120
At 31 December 2020 12,493 4,131,749 4,144,242
**5 ** Fixed assets investments 2021 2020
£ £
Carrying (market)value at beginning ofyear 411,505 278,077
Add:additions toinvestments at cost 25,000 100,000
Dividendsre-investedintofund 891 -
Less:disposals at carryingvalue (33,167) -
Add / (deduct): net gain/ (loss) on revaluation 35,731 37,007
Lessfundmanager'sfees (5,207) (3,579)
Carrying (market)value at end ofyear 434,753 411,505
Breakdownof investments agreeing with SOFAand Balance sheet
Market value at year end 2021 2020
£ £
Investment properties-seenote below
Investmentslisted onarecognised stockexchange,funds ortrusts 425,545 404,241
Cash 9,208 7,264
Total 434,753 411,505
When the various properties owned by the charity were revalued in January 2017 the investment element
and the programmerelated elementswerenot split.
It is not possible estimate these values with sufficient degree of certainty and so all of the charity's
properties have been included within fixed assets.
Income inthe year 2021 2020
£ £
Investment properties 27,883 27,733
Investmentslisted onarecognised stockexchange,funds ortrusts 2,109 4,213
Total 29,992 31,946

17

Leeds Area Quaker Meeting
Notes to the accounts continued
for the year ended 31 December 2021
**6 ** Debtors and prepayments 2021 2020
£ £
Debtors 620 -
Prepayments - -
620 -
**7 ** Creditors and accruals 2021 2020
£ £
Creditors 1,990 -
Accruals 1,440 1,440
3,430 1,440
**8 ** Designated funds Balance b/f Incoming Outgoing Transfers Balance c/f
£ £ £ £ £
Ministry andResourcesfund-dividedinto:
Sanctuary everywhere 17,253 - - - 17,253
Enrichmentfund 9,714 - 158 (998) 8,558
26,967 - 158 (998) 25,811
Fund name Purpose of restriction
Sanctuary everywhere To support the work carried out by the local meetings in relation to
refugees and asylumseekers
Enrichment fund A fund to help support the life of local meetings and to enrich the spiritual
life of the meetings. The transfer relates to the purchase of a conference
camera.
**9 ** Related party transactions
Trustee expenses
No trusteereceived any expenses during this yearorthe previous year.
Trustee remuneration and benefits
No trusteereceived anyremunerationorbenefit during this orthe previous year.

18

Leeds Area Quaker Meeting
Statement of Financial Activities including comparatives for all funds
(including summary income and expenditure account)
for the year ended 31 December 2021
2021 2020 2021 2020 2021 2020
Unrestricted Unrestricted Restricted Restricted Total Total
funds funds funds funds funds funds
£ £ £ £ £ £
Income
Donations andlegacies 105,341 194,541 1,098 1,550 106,439 196,091
Letting of MeetingHouse 29,694 39,478 - - 29,694 39,478
Activities 410 151 - - 410 151
Rentfrom investment property 27,883 27,733 - - 27,883 27,733
Interest and dividends 64 113 2,109 4,213 2,173 4,326
Other receipts 1,830 2,147 - - 1,830 2,147
Total income 165,222 264,163 3,207 5,763 168,429 269,926
Expenditure
Cost of fundraising
Investmentmanagement costs 5,382 3,675 - - 5,382 3,675
Maintenance of investment property - - - - - -
Charitable activities
Propertymaintenance 39,470 31,921 - - 39,470 31,921
Alterations andmajor repairs - - - - - -
Administrationand consultancy 4,401 4,444 96 60 4,497 4,504
Utilities, services andinsurance 21,711 24,828 - - 21,711 24,828
Warden's employment 31,492 32,359 - - 31,492 32,359
Library 1,225 527 - - 1,225 527
Outreach - 114 - - - 114
Committees and conferences 1,480 642 - 600 1,480 1,242
Grants payable 200 35,660 4,700 5,400 4,900 41,060
Activities 3,534 1,998 - - 3,534 1,998
Northern FriendsPeaceBoard (NF P
1,810		 1,870 - - 1,810 1,870
Donations toYearlyMeeting 45,250 47,685 - - 45,250 47,685
Donations to otherQuakergroups 2,115 2,621 - - 2,115 2,621
Non-Quakerdonations 150 600 - - 150 600
Depreciation 4,926 4,165 - - 4,926 4,165
Governance costs
Accountancy andindependent exa m
1,440		 1,440 - - 1,440 1,440
Trustees expenses - - - - - -
Othergovernance costs - - - - - -
Total expenditure 164,586 194,549 4,796 6,060 169,382 200,609
Netgains/(losses)on investments 16,915 18,143 18,816 18,864 35,731 37,007
Net income /(expenditure) 17,551 87,757 17,227 18,567 34,778 106,324
Transfers between funds (2,336) (2,088) 2,336 2,088 - -
Net movement in funds 15,215 85,669 19,563 20,655 34,778 106,324
Fund balances brought forward 4,627,633 4,541,964 244,244 223,589 4,871,877 4,765,553
Fund balances carried forward 4,642,848 4,627,633 263,807 244,244 4,906,655 4,871,877

19

Leeds Area Quaker Meeting
Income and expenditure by meeting
for the year ended 31 December 2021
2021 2021 2021 2021 2021 2021 2021 2021 2021
Central Adel Carlton Gildersome Ilkley Rawdon Roundhay Building Total
Hill futures funds
£ £ £ £ £ £ £ £
Income
Incomefrom: -
Donations andlegacies 1,274 14,404 48,429 3,753 13,429 14,151 10,999 - 106,439
Letting of MeetingHouse - 7,729 8,000 240 7,591 1,150 4,984 - 29,694
Activities - - 410 - - - - - 410
Rentfrom investment property - 3,923 12,631 4,560 - 6,769 - - 27,883
Interest and dividends 2,109 2 - - 3 - 59 - 2,173
Other receipts 1,394 154 36 - - 130 116 - 1,830
Total income 4,777 26,212 69,506 8,553 21,023 22,200 16,158 - 168,429
Expenditure
Cost of fundraising
Investmentmanagement costs 5,207 - - - - 175 - - 5,382
Maintenance of investment property - - - - - - - - -
Charitable activities
Propertymaintenance - 17,893 2,863 918 5,602 9,789 2,405 - 39,470
Alterations andmajor repairs - - - - - - - - -
Administrationand consultancy 1,961 1,387 857 - 167 125 - - 4,497
Utilities, services andinsurance 6,104 2,817 3,288 741 2,888 1,730 4,143 - 21,711
Warden's employment - - 30,049 - - - 1,443 - 31,492
Library - 335 - 209 342 242 97 - 1,225
Outreach - - - - - - - - -
Committees and conferences 380 - - - 1,100 - - - 1,480
Grants payable 4,900 - - - - - - - 4,900
Activities - 134 2,054 - 1,178 168 - - 3,534
NFPBquota 1,810 - - - - - - - 1,810
Donations toYearlyMeeting 45,250 - - - - - - - 45,250
Donations to otherQuakergroups 905 - - 20 1,000 50 140 - 2,115
Non-Quakerdonations - 150 - - - - - - 150
Depreciation 200 1,464 967 183 561 - 1,551 - 4,926
Governance costs
Independent examination 1,440 - - - - - - - 1,440
Trustees expenses - - - - - - - - -
Othergovernance costs - - - - - - - - -
Total expenditure 68,157 24,180 40,078 2,071 12,838 12,279 9,779 - 169,382
Netgains/(losses)on investments 26,188 - 463 - 9,080 - - - 35,731
Net income /(expenditure) (37,192) 2,032 29,891 6,482 17,265 9,921 6,379 - 34,778
Transfers
Quota 32,245 (6,020) (11,285) (995) (4,995) (4,510) (4,440) - -
Insurance 6,104 (971) (1,644) (1,083) (900) (861) (645) - -
IntoBuildingfutures - (900) (1,525) (175) (675) (650) (600) 4,525 -
From Buildingfutures - 7,923 - - - - - (7,923) -
Othertransfers 1,150 (900) - - - - (250) - -
Net movement in funds 2,307 1,164 15,437 4,229 10,695 3,900 444 (3,398) 34,778
Fund balances brought forward 312,506 679,706 1,196,846 748,574 764,850 602,660 453,377 113,358 4,871,877
Fund balances carried forward 314,813 680,870 1,212,283 752,803 775,545 606,560 453,821 109,960 4,906,655
Fixed assets 798 660,421 1,114,364 733,487 611,654 583,045 439,351 - 4,143,120
Investments 285,843 - 25,463 - 123,447 - - - 434,753
Debtors and prepayments - - 620 - - - - - 620
Bankand cash 29,612 20,449 73,826 19,316 40,444 23,515 14,470 109,960 331,592
Less creditors and accruals (1,440) - (1,990) - - - - - (3,430)
Total funds 314,813 680,870 1,212,283 752,803 775,545 606,560 453,821 109,960 4,906,655
Fundsheld as agent - - 269 - 30 122 390 - 811
Bank balances includingagent funds 29,612 20,449 74,095 19,316 40,474 23,637 14,860 109,960 332,403
Agent funds
Openingfunds - 3,900 951 - 367 108 - - 5,326
Agentincome - 3,300 1,342 - 6,488 969 1,485 - 13,584
Agent payments - 7,200 2,024 - 6,825 955 1,095 - 18,099
Closing funds - - 269 - 30 122 390 - 811

20