REGISTKRED CHAIUTY NULIIBKR: 1134542 RKPORT OF THE TRUSTEES AND UNAUDITED FINANCL4L STATKMKNTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR LEEDS AREA QuA[R Flint & ThompÈon 2 MJRor Squa Solihull we Midlands B913PX
LKEDS AREA QuAlR MEETING CONTENTS OF THE FINANCIAL STATEMEfqTS forlhe Year V.ndeA 31 Dpeprnhpr 2n23 Page Reference and AdThinistrative Details Report ot the Trustees 2 10 S Independent KxamlDer's Rewbrt SrtateJDcDI of Fitimncial ActiYt¢i¢s io Balance Sheet Nntps tn thp. Finxncixl Statements 12 to 20 Detallcd Statement ofFingncial Activities 21 to 22
LEEDS AREA QiJAkTR MEETING REFERENCE AND ADMINJSTRATIVE DETAILS for the Year Ended 31 De¢ember 2023 TRUSTEES C M]ddleton t) CTriffith C Stavncs P G¢Thvat RSBcTran T fjnttin T Bland K FO$t P C Ellis 8 Horsfall PRINCIPAL ADDRESS Quaker Meeting House IRS Wnndhniisp. l.are Lccds LS2 9DX REGISTERED CHARITY NUIIIBER 1134542 IriDEPENDENT ExA1lNER Flim & Thompson 2 Manor Sqija so11hll Wesi "(llandS B91 3PX SOLICITORS Ramsdens solicito LLP Ramsden Streel HudderEfield HDI 2TH 'IULKISKUKLRS Charles Stxnlcy & Co. Limited 7 PuA(Row Leeds LSI 5HD Page I
LEEDS AREA QUAkTR MEETING REPORT OF THE TRUSTEES for the Year Ended 31 December 2023 The trustees present their rep)rt ivith t1 fll]ancial statements of th¢ charity for th¢ }caF ¢td¢d 3 1 Dember 2023. Tr ttusiees have adopted the PTovisions of Accounliiig atKI Report]ng bTr' Clwities.. Statement of R¢cominErded Practice gppli¢Jblp. tn c.hAritie.g PTPP2ring their xccr)iint% in Accar(Lqnce ivithtk Fiw)ncial Reporting Stsndardawh"cable inthe UK and Republic of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACIIVITIES Statss and Objeciives Leeds Area Quakermeeting is a Registered Chan'ty 1114.542. The object of the Leeds Area Nleetuw ts the fllrthcrance of thc general Jeligious and charitsble PU4N)ses of the Religious Swiety of Friends ( Quakers) in Britain in weo of Lceds Mceting and bcyond. Ch4rity Deta8 Charity number. 1134542 Rcgistcrcd Addrcss Fri¢nds M¢¢tins Housc,188 Woodhouse Lone Leeds 9DX Website.. wM¥.leed4uakers.OfE.uk ThindiAn Tniqtee ProttY Friends Tnt Limite<L 173-177 Euston Road, Londorn NWI 2BJ Siockbroke Chgrles Sts]kky & Co. Liinite(L 7 pa liow, Leeds, LSI 5HD Accounts Examiner Flint & Thompso 2 Manor Squ8re, Solihull: W Midlands. B913PX Membersbip Th¢ mexnbers of LAQM ate tho$c p¢rsons ivhose Ine6 are forthe tim¢ b¢itiB cOled in the official reSr nJgint9ined in accordan¢¢ with the Quaker Faith atd Practicc of Britrin Yearly MeLtiIw. Membership (2023) 170 (20221173 Pa8¢ 2
LEEDS ABIA QUAklR MEETING REPORT OF THE TRUSTLES for the Year Ended 31 December 2023 ORIECTIVES AND ACTIVITIES Trnst¢t Appointmellts 2023 The folloiving trust¢¢s th¢ rcwrting period 1st January- 3 1st DeK¢thr2023.. Sophic Bcpi]n ( fiDm 071071211 . 1st terni ends 31112120231 unattached) Tracey BlaAI Isi ierni ends 3 IIE212025 I Carlton Htll ) Peter Coltman 1st tenn ends J111212023 (LAoNrr Clerk ) { Adel) Paul Ellis ( from 2510112(121). 1st rnI ejmls 31112120251 Roundhay ) Ken Forrest 1st term ¢nds 3111212025 (Carlton Hill) Pat G¢nvot ( from 04105121) , 2nd tCrnL ends 3111212025 (Ad¢l) Trtcla Griff]n ( from U510912021).. 1st terni eiS JiiL212U24 ( iarlton Hill I David Griffiths 2wl tenn ¢nd5 3111212025 ( Rawdon) Did Jakeways 3rd rnI t19 3111212023 { LAQM trcasurer) { Ilkley ) Christinc Middleton 2Ni terni ends.3111212024 ( RniEndhAy) Chris Sthi'ncs 1st t¢rm cnd3 3 111212023 ( Giidcr50rne} Dats Proiection '. Keith Mollison served in th role as Fon of his duu¢s as LAQM Assistant cle ( MembcrshJ"p) Trnstees aEe tequited to sign Regisier of Interest statements annually. Trnstee Appointments 2024 The folloiiing twstees weTr apw)inted to serve in 2024 Sophie Bevan 2nd tern) ends 3111212026 ( D2ttAChed) (h.ersighi of Health & fety TraGcs' BIal 1st term el 31112125 ( LAQMT Cledi ) ( CalltonH l Ov¢rsigl&of ItTr'estm¢Dt. Employment, Propeny and Da Proiection Paul Ellig 1st t¢tm ¢nd$ 3 111212025 { LAQM co-treasurer) { Roundhav} Oversight of Iw¢stment en Forre5t 151 ierni enits 3 1112ll025 ( Carlion Hlll ) oversig of Propem" Pat Geal 2nd ierni ends 31112120251 Adel) th'crsight of Employmellt and Dats Pmtection Tri¢ia Griff Isl lenn ends 31112120241 Carlton Hiill David Griffiths 2nd term eIS 3111212025 ( Ra'dOn} Oversight of GM Sandr2 Horsfall Igt t¢rni cnds 3 111?120?6 { Adell ers1 of Grants Christine Middleton 2nd terni ends 3111212024 ( Roundhay'l Oversighi of Safeguarding Chris Staynes 21 terni ends 3111212026 ( Gtlder501ne) (ersig1)L of Health & Safets. LAQM AreA Meetine Oftiee Holders 2023 Co-clerks.. Barbara Parry . Robert Keeble Assistant cle (meinb¢rship}". K¢illi Mollison CIC of Tiu5tct5. Coltsiwi LAQM Treasurer.. lakewavs SafeguL2rding Coordinators.. Sarah ColtmwL Anita LinK Cl)ristinc middleto Rulli Woodlad Safeg• Trustee .' Chrigtine .ddIetOn Page 3
LEEDS AREA QUAKER MEETING REPORT OF THE TRUSTEES for the Year Ellded 31 Deeember 2023 IIINANCIAL REVIEW Quaker Mottings for Leeds On¢ of the ways w¢ fulfil our cJJaritable pUse is through the regular holth.ng of public ]nceiings for w01p in11)e manner OI P'ne15.. It Is Ik leadings inthese meetings forworghip t]Lqt infnrni And Thithire. niirqpiriliixl develOpnnt and the actEon tILqt springs from it. During 2023, meetings for worshtp organiscd at the following locatio arKI at the days and times inth'c8t¢d. - Adcl friends M¢Cti1 N¥w A(l¥l L¢Jll¢. Lc¢(ts, L516 6AZ em2]l adelnquaker.org.uk Meeting for Wosslll"p.' Sund2y& 10.45 am (pliis ZA)orn Meeting lor Worship). Otley Meeting for Worship .The Courthouse. Courthow SttKL Otl¢y LS213AN I1.15am on the lasi Sunday of the rnon C2dton Hill Fr1dS Meeting House 188 Woodhouse La, Leeds, LS2 9D.Y . ¢nwil".¢arltollhillCa'quak¢r.org.uk Mcetiiis fo&" Woislup. SwKldy¥ 10.45 ¢Uli (plu5 Zoom Meering for Worshlp) . addiuonal meeting fourth Sunilav ol the month 9.30am Gildergom¢ Frien(Ls Meeting Housc 75 Streei Lane, Gilder501n4 Leeds. LS27 7HX Meeting for Worship". Sundays, 10.45 am liklcy Friends Meeting House (ce Roa(L I]klcy. Lds. LS29 9QJ ¢nFail .. hello@Jlkleyquak¢rs.o)E.uk Meetll for Worship Sunday 10.30 (plus Zoojn Meettng for Worsliip) - Rawdon Fnen(ts Meetsng House Quakers Lane, Rawdon. Leeds. LS19 6HU tel.. 0791494 4368 Meeting fnr WhIp. sundTs. 10.45 am - Roundhay FrielldsMe¢ting House 136 Streettane, Leeds, LS8 2B Wtel.. 0 113 293 3684 ernatl.'mulldlw@luakcr.org.uk M¢¢ting for w0bip.. Sundays, 10.45 ani - Leeds Univwity, Lteds LS2 9JT aaire Clwcl, The Emmanuel Centr. Staff and siu(knts from the University of Leeds and Lceds Beckett Univ¢tsity arc welcome. M¢¢ung for Worship Thesdays 1.05pm DedfO Court E[a Hous11 Rrsia¥iLLi(il Hulli¥ Oliv¥ Lvd¥c, Broddgdic Lane, HorsfortJL Leeds L513 4SE m¢etll for Wolshtp tirst & thd Wednesdav of the month 10.30am AreA And I¢1 Meetittg Aetivities At the e1 of 2023, mY of our local meetings wcre fceling s1"1'e aboth th¢ future: GIlderson M¢¢ting rerK)rted r¢cord attend3ntts at ting for WoEship, m¢mb¢rs of Roundhav M¢¢ting stdtrd iknt tht meeting feli more united folloiving supll from our local dev¢loprnent workers to Oi,eorne djvisions and anxicty within the mecting and rnembets of Carlion Hill Meeting rejoiced in the way theiTmeeting was enl1ved by the childTr arnl young adults WIKJ attei)d. Activiti¢s at local mcctings htjvc in¢lud¢d.' aficr rnccting ¢v¢ning di5GU55ion5, llthdu¢tioii lo QuukrLis111 LV¢lllIlg¥ panicipation in heritage opendays: sessions provided tor a scts)ol reliRiOUS dii'eLsity day, poetiv and prose cvenings at an iNerf3ith 181] fOrce. Blen(kd and oniine Medings for Wot%hip continue and are valued by those prevented fn)m attending in per80 As wc Contin lo fa¢¢ diiyicultics in rdIng i1¢- Iwld¢is, ALlrlMLLiillg ¥sb]is1 acdtingcircleio provide pasiorat care ina sharnl wav andRawdonMeetin¥.. alrcady providing pa#ordl Cavia a caring circle, is noiv exploiin¥ alterlIve ways of pN)viding clet*ing duties. I]kley Meeting lllve fourd that replacing some trnd1tiory coinmillee strnCiuS with txsk groups is Morkmg Thell. WG have continu¢d to 5UPEAIrt thc Ukn"&ini) Itfug¢¢ fauiily l1viu iti fjdl dl Roukn Meeiing House and have sns0td two MOTE familj. mcmbcrs to join thcm in thc UK. We hTe stth¢d a pmccss of discemrnen( I[th regard lo making jrparattons to BLack communities whose ancestors were enslai."cd as 3r¢ considering whai support we gile with open hands and hearts 35 Tmrt of our contJnu]nR learnuw and terstand. seeking to build positt.ve telationship and add$5 hisioric injuStiS. Page 4
LEEDS ARKA QUAhlR MEETID4G REPORT OF THE TRUSTEES for the Year Ended 31 December 2023 Trnstee Busines5 in 21J23 Tn]gtees rnet fi times in ?.n?3 A wp.Il_Attp.nAp.d Rxqic.q2fegniArding TrAining qession was held with representation from all local meetings in March 2023.S3fegulg matters are dealt With t1ug1 8tta-M'ide S8teguardins Group. The we no safeguarding incidents in 2023. (mr considerdtt.on of the risk of declining mernbetshlp was ken 10 the Area Meellng aryl led to d M,0.110p uIi-Siiiwl¢K and more life giTring communities" It was agreed to r¢¢wii a paid Universities Chaplain on a day a week b2sis a1 an appointsn¢ni was made shortly aft¢rthc bcgiDning of thc AcA(kmic year. The Quinquenni81 reporton Adel Meeting Hou ledto a substontial schedule of repaÈrs. Ad¢¢isIonw tsken to Tenovate the cotiage ai Gildersorne Meeting House with Thodi due io comrnerKe in 2024. At Rawdon Meeting House, cottag¢ rp.fiithished and ]AThlspinE nfihe bllrial gmutxl took ptscc. Room hire has noi reillrned io pre-covid l¢v¢15 at #ll meeting houses alihough, in thc short temi. this loss IS been offse( by an insiiraTKe }ment received for the loss of lettings income dwing pandemic. ReAervoq lIcY Our res¢Th'¢s poli¢), was fornlY adopted on 16th May 2018 and ainended on 20th Nov¢rnb¢r 2018. The lIcY is to l?old at Lo&ql Meeting l¢N'el.. . a current TeseTve of 50fj/. of norn1 endituTe plus a rerve equal to 50 % of rents from investments pm]rtIeS (to account for i'oid ttnul periods). plus a capital tysene of lo10 of the pl3nlled capital &xpenditr for the n&¥t 12 months plus any gnticipated cgpitsl expcndlmre In excess of £10,000 inthe ncxt i VCdt5. At kna Meeting level, following Central rerV will be maintained. subject to allnual reNieTr." 500/0 of the anticipated ¢xt¢Tnql ew)endithe forthe comtng }rar of th¢ Centri Fulld - lo/ of the annual small grants budget Such othcr amount a5 the In¢¢$ may [ b.me to tllne deem appropnate tovmR re2ards lo the cU¢nuY pei¢¢iv¢d The Area Mttting r¢s¢tves will be sum of the local rne¢ting reseeS and the Cenlral rescTVCS. The acccptable range u£ ILbUiVfS 1? lir b¢lw¢¢ii a £20,000 d¢fiGIt a[ a £50,OIK) surplus on th¢ caLclllatcd figu. Th¢ r¢s¢ty¢s will b¢ maintained bv an annua] review by the tseasllrc a1 rewrted to Uie twskes, and by the thsupllne 0£ setting aside a PTOP)rtion of the rebuilthng CO of our various buildings into Butlding Futures Fund each year. Building Vutyres Fund Most of this fund is hdd in a Leeds City cr11 Union accoullt from wkn'ch we do take interest so that it can be used io good effect whiEe n(kt qUired by LAQM. Part furyl is h¢ld in a current account for cash flo prpOseS. Lo¢ol meetings contiibuted £17,300 to the fitlld in 23. A p2yment of £S,lJ)O was nde lo P2wdon LM to support U refutslstuneni of ts]r Qker Colldgc. The value of the fw¥l at the year-¢1 wa5 £125,860. Page 5
LEEDS AREA QuAIR MKETtNG REPORT OF THE TRUSTEES I'nr the Yegr Ended 31 Dptpmhe.r 21123 Grnnis Our Small Grants Fund is supported by income from investhrnts and by 1thrawal from the investme if necessary while dividends ]Emain loiv. Collections by meeling$ 9nd donations from individua]E fll12e the Friends A¢tion on Poi"etty F1 (FAOP). Siiice wcre otd). 4 FriLThls Icft making rcglllardoTwtio Trusiccs di5CUS5cd in Jul5. w]ther to make 8 new appea] for donors for this fund or to concentraie efforts on the Reg¢¢ Ap1 Ful. T1 decision was d¢ to run down closc FAOP and the remaining donors We ilted to contnbute to the Refugee FuTrd iTLslead. The MinÉstry & Resources S2nctugry Ev¢rywh¢TeaNI EJJrichment Funds werefjxed sums of £20K ttnd£lOK respectivety ottun%ttd in 2018 for ongoing wotk with asvlllm S¢¢k¢ and ]Efugees a to support Ilie adininistrduon and Spiriiuai life of our local meetiiigs. ThÈs }'¢ar Ilie Enriclunent Fund been used ¢0 ptovid¢ atrbii'in8 nTraterials loi the Quaker ar¢hiY¢ hcld at Lccd5 Univcrsty and to pay a Durial Ground5 Admiui5ttatoi foiow" Ial iii¢£iill85. The Grgnts sub-committee of the Tnjstees continued to meet to consid¢r appIltiOnS to of these funds from orgajiisalions Ic nd individu21s in ne£d throughout the year. For non-Quaker organisauons trnstees a¢¢¢pt Minutes froEn the fTr2ntf SiJhr.nmmille.e. givin8 forthe doll2tions. All ofthese Mitiutes were aeTrpted b}. teS ill 2023. Trnstees agtEed the followng grants in 2023.. Grants to non-Quaker organisation$ Thle.y ?n311 CJre.en Fair (to 7ppOrt a collaborative 3-day Gren Festival Tunby Otiey 20101 in line with our sustai]Jabi]itv testinion)" Garforth Rcfvg(Y Group {to p]Diwide clothcs and toiletsies for aTh.lum seeking men) Conversation Club Ld$ (SUPPKirting WO to IKlp wlum seekers and refugees n)ake friets, pracuse speakmA n1$h and Confidence in the neTh sUrrou1n0SI LASSN (to prollK)te we]Ibeing forthe I l occ11 of the Gjace Hosts"ng houses by paTr"ing forgym pass¢s for 4 moiiihs). Lceds Doughnut Festiiral (to support a serics of ev¢nts ccntrcd on Clirnatc Justice, Environmcntsl Ra¢ism and artions that Can IK takcn in Lccd5, togfjthfjr aryl as IndiN'iduals, lo address tt) SEALS (ouldoor walks iviih volunteets for refugees and asvluin seekers.. to provide opportuniti¢S for socialization / inicgrarion a1 io practise spc#king English whil¢ benefitring fmm interAchng 1th the nAhiYal emTimllmpnt) OtlGy Spacc (a projcct ba5cd in the most d¢priv¢d ar¢a of Od¢y wbiGh fLt5 Tr1'Lth othcr Otle5' 2030 proje¢(s such as th¢ Community. Pantry and Fruit and Vegetable box deliveries) [iVIdualS inneed £150 £3511 £950 £924 £990 £500 £400 £1,982 In addition to the Grdftts made at Area Me£ting lev¢L some Local Meetings hold collecb.ons for, or pw on fu]S oil beh8Jf of individUS to. VdriOUS chan.ties throllg]iout the year. In 2023 thcsc were as follows.. Acilng agent for. BYM £24 £3,217 £C),062 Quaker organisaiions Non-Qlldker OTganis*ions Pubb"c Benetil 51atement In sumw, th¢ Trnstces havc dcn)onstratcd above how LAQM compites wilh the duty in S¢thion 17 of thc Clwities Act 2011 to ILqve due regard tn lblIC henefit, thvrnigh - ReguIar )lding olpubllc Meeiin2s for WotB]ll"P; . Pwvision of irforntation about Quaker way through Quaker QuesL discussion qkni(ty gmiipq A T liter2thire. pxrtic.iTrgtinn im (h19ke.r wep.k amd Ngtional He.rit3ge T)aTr; - Mainlaining M¢¢ting Rouses wlu"¢h are used bj many diffcrcnt gmups are of value io the local communiti": and ProllM)ting and enabhng donations in cash and kind to organisatioA% inthe UK and overseasworkillgto support ¢aus¢s whose iTalues accord wlth the alms and objecttves ofthe CN4rtt>". Page 6
LEEDS AREA QUAkTR MEETING REPORT OF THE TRUSTEES forthe Year Ended 31 Decu)7ber 2023 Financial Review of 2023 Th¢ rn¢la1 posilion of LAQM is shown in pages 10-22 of this retx)rt. Most activities within Area Meeting iirdertAken x delegAtpA h2fiq hy I.(r1 Me.e.t¢ngg Each Local Meeting has its own treaSllr. Local Meeting Trunts are consolidated to produ¢e th¢ L¢¢ds Qokcr M¢¢ting financid statements. The 2023 accounts consolid&tioTh tivIty has b¢¢n und¢rtak¢n by Flint & TIK)mpll During 2023, Trustees encouraged Loca] Meetings tr> seek to achieve nd- rnising targets to raise money in support of the c¢ntrailj-managl wotk of thc Rcligious &KictJ' of Frien(ts (QuakcTS) in Briiain.. die wotk of the Northem Friends Pcace Board.. QuakercoIlecre actii.itv tn Leeds," and in support of Quakcrs in YO5.re whÉch emplSizeS optortunities for Childr¢n t)nd Young Pcoplc and widcroutrcach. In relation io support of ¢¢ntrallJ-managed work the suin of £250 per member was advised 2nd att8ined to provide our yearty quota for BYM. Ovcrail this rePrets an exG¢lknt achicvcmcnt to cnabl¢ thc ccntral charitable Work in the TIK And mer*e5JS tn he cnT¥h1ea heh2lf nf All nJi2kers in Rri191ll Tl)e net movement of funds for th¢ }".¢ar v."as 11$4.72U eomptising a sU]uS ot'£8,719 on restricted lunds and a surplus of £76,(X)l on unrestricted funds. £17,795 represents gains on im¢stsn¢nts. OUT unStriCted frec rescTr'cs werc £4,686,975 on 31 December2023. Trnstees governance Tntr¢s ofLAQM arc apwintcd in accordance 1th tlie chariti s goi'erning document wlllcll stales". The Area Quaker Mccting shall appoint its Mernbersp a bodj of Inte¢S not ordillarlls" ftwer tlwi five or mort lIn nneen persons. . Th¢ trus¢$ slwll so far as practicable include the Area Quaker Meeting treasurer alld representauv¢s of ¢ach m¢¢iing conlained M"ithin the Are8 Quakermeeting bul not the cle]k of the Area Quaker Meeting, nor anv employee of the A9 Quaker Meeting. ii. On¢ tnJst¢c. but t1 Area Quaker Meeiing treastsr. shall be appxpint¢d by Area Quaker Meeting in Session to act a5 clerk to tile truslees. The appointm¢nts b¢ rtely¢d at inteTh"n]s llot cxcccding thrc¢ ycEJrs. A tnt8tcc can Ix wappoint¢d on no mo]r tha Iwo occasions io give anunbroken trnn of service as a trustre ofthe knaQudkerMeeting eiceeding nine Trears. Tknt person caniiot then be reappoinled as a truslee of that Area Quaker M¢¢ting until thtte yews have elapsed after the end of tbe last riod of service in that capacity. FutstE Developments In 2024: Nie H'ill continue io support the work of the UnÈvetsity chaplai a1 we look forward to rKeiving uFd&es on chaplwno work. We value the presentt ol" voung people with]n the O.uaker COEtllThurrity and continue Éo corrtribute tOiW2rdg the fi1ndi ofthe Vouth D¢v¢lopmcnt WorkerforQuakers iu yo81re. It 15 expected thai the iss1 of Tepardtions for slavery will be ¢Oldered in gr¢ater d¢pth duttng 2024, iti the Elope that an appivpi.ialc sct of ir5PQJ]S¢s b¢ put illlo actioii. Trnstees, and t AreaMeetsngasaM,hole. will b¢ COYLsideringthc T¢cOmmcrylatio putfonvardby the Yorkshire Quaker Governae Group. io a single ¢lwitabl¢ bodv for(Jtskers in Yothshire. Page 7
EDS AREA QUAKER MEETING REPORT OF THE TRUSTEES for the Year Knded 31 Deeember 2023 STRUCTURE, GOTrIRNANCE AND MAI¥AGEMENT Goi'erning document Leeds Area Quaker Meeting (LAQM) Governing Documeni was adoptrd in December 2008 a1 wa5 r¢vicwed in Fe.hni2rST ?_lliA Previni?<ly An eADIed chArity. I.AQM Aq YeLryqtered iiith the c.hlty C.nmmissionon26 February. 2010. In addition to the Goierning Docurnent adopted in 2()(18 there is a Charity. Sch¢mc which brings tog¢thcr 811 the f0mr tn]sts relating to pru'ious Monthl}, Mcctings into thc currcnt Aa Mccting. This can b¢ d¢ribed as "Th¢ scheme goi'erning the charitics nom. knOn together as Leeds Arca Quaker M¢ctittg { 11345421 and altering or affecting part of BrighouK Leeds arn1 Sewe Bullthw Charlt): { 228684) dated 3 1st March 201J ' Briiain Yearly Meeting IBVM) is the fiDal co$ti[u11oal authoiil), olthe fellOuS Societ}. of Frie5 in Great Britain. Its mcmbcTship Consists of all those Thho b¢long to the Quaker Area Meetlligs. LAQM is one of 7U Constituent Arca Meetings within Britoin Y¢orly M¢eting. The object of LAQM 15 the furtheran(x in Leeds and bel'o1 of the gen¢ral religious ¢h8ritsble purposes of the Rcligious Soci¢ti" of FTicDds {Quak¢rsl in Britain. 01 Britain Y¢arl)' Meeting (BYM). Th¢r¢ are s¢ven clauses set out in the ch11)..,S goN'erniDg document M".hieh desciibe this more flllls.. - str¢llgth¢nmg the lif¢ and M'itness of Quaker meelillgs both in area of Leeds ATh QJak¢rM¢¢¢ing and beyond: - Sprading the message of Quake and interPtIng and developing the thought a]praCtiCe of the Religious Soci¢Tr; - Undert8king Quaker service for the relief of suffering at horne and abroad . Funding the ¢01mS that Quaker meetings in affa of Leeds Area Quaker Meeling or beyond kn'e adopted or yced 10 SLwfL - Pmviding for the pastornl care of individual mernbe and attendels including assis(anrK to th05¢ in n¢¢d and for educatson . - Malmalnlng and developlng Quaker nKeung IKJuses as places for public worship and from which w cany into th¢ Th'orld: - Administering andmaintaiDing organiSatiOn0f Leeds Area ouak¢rMeetiad cOntrulgtO the supportof Brin Yearly M¢¢ting Approi'ed by Ord of the board of tnjstees on 23rd October 2024 aTKI SIgl on its b¢ha]f bv.. T BknvJ- Tiubiet Page 8
INDEPENDENT ELIMINER'S REPORT TO THE TRUSTEfi S OF LEEDS AREA QUAKER MEETING Independent pxAminer's repnrt to the trustees of Iteds Area I9ker Meetin£ l irwii to tIK clmrity tmsttts on m)" ¢niatIOn of the llccounts of Leeds Ar¢a Qu3kerMeetillg {the Tnst) for year ended 31 DecembeF 2U23. Responsibilities and basis of report Ag the ¢hgrit5' trustees of the Tnist iTOII 9re. rqpnllfihle fnr the prep2r2ti0n of the accounts in accordance with the rcquiruiieiits olllK Clwitt¢s Act 20111'th¢ Act'}. I retK)rt in tesEtcl olm). cxamination of thc Trust's a¢¢ounts callied oui und¢r Section 145 of the Act and in carri".ing out eXarnll]Ion I bave tolioived au appCable Direcuons glvenb), the Chdll'ry CuITIElJiSbiVik uilllri Srbiioii 145(5)(b) of IDdependent examiner's statement Siiic vour charity'5 gn)55 inGom¢ ¢x¢ccdcd £250,000 your exan]inet muvt be a member of 2 listed both.. 1 ¢9n confir that l am qualdied to underLqke liie exallllnation because l am a member of the uf Ch[l1mI AwUwl iii Ellgli1nd and Wales. which is one of th¢ kn"stedbodies. J haiie completed mv e.xgrnin2tinn I c(Jnfimi that M ll]aterial nkqtteTS have come to MY atteThts"on in connectioll with the r.iÉuiiijtsOI] giving mc ous¢ to b¢li¢vG that in any matorial rcspe¢t'. accounting tE¢ords iTrere not kcpt in rct of the Tntsi as Rquired by S¢ction 130 of th¢ A¢t; or the accounts thj not accord those records: or the accoiints do nnl ¢nmDI}' Th".ith ihe Applic2ble requirements concerning the lorni aNI content of %¢ournS sd out inthe Charities (Accollrtts and Reports) ReglationS 2008 oth¢rtlLqnanTr QUIr¢Ment th21 the accounts gii'.e 2 Inie and fairTriew hICh is not a matt¢r Considered a5 part of on indepernlent exgminauon. L have no llCe and come across no othci 111 WIll[lAl with th¢ exall]iTration to whifjh attcntion should be drawn inlhis rert in order to enable a proper U[e[Snd1llg of the accounts to be reached. AFCA ]lniP$o1] I,'Inor bquare Solihu we Midlands B913PX 23 (kiober ?0?4 Page 9
LEEDS AREA QUAKER MEETING STATEMENT OF FINANCL4L ACTIVITIES for the Year Ended 31 December 2023 2023 Total funds 2022 Total funds Ututstrict¢d nd Resttict¢d fund INCOME AND ENDOWMENTS FROM Donations and legacies 64.700 16,106 80.806 95,289 Cbariiable aciiviiies Insurance claims _3,679 83.679 ImT¢sttnent incon Othcr iome 39.399 6,554 45.953 74,939 33,382 77,12Q Tot 262 717 22.660 285,377 205.8(K) EXPENDrruRE ON Raising fut 14,303 2,909 17,212 16,675 Cbarttable activities Depreciation Adtt2illÈStrativc costs Utilitics. 5cTh'ices and insuran Prort maintenance Dollatsons to other Vuaker OTRamsatso nts pas'able Salari¢s, NE and pensions Non-Quaker donatsons lEKicp¢rd¢nt Giamijjation costs 4,020 8,269 38.489 38,528 49,300 3,786 32,SX)2 49?n 8.269 38.489 58,150 49.3CKI 7.281 32,902 49?. 13.634 32,184 56.869 48.520 9,1170 28,354 3,9U5 1,440 19,622 3,495 1,745 1.74) Total 194776 23.676 2 18,452 215.577 Nei galnsl{losses) on investnrnrs 8,341 9,454 54,577) NET INCOMEI(EXPENDITURE) 76,282 8.438 84.720 164,354) RECONCILIATION OF FUNDS Toial fuNls brought fonvanl Tn)Mrfet% between fllnds 4,610,974 1281) 231,327 281 4,842,3UI 4,906,655 TOTAL FUNDS CARRIED FORWARD 4 686.975 240,046 4.927,021 4 842.301 Tr noteg fonll p2rt of these flluncial statenrnts Page 10
LEEDS AREA QUAKER MELTING BALANCE SHEET 31 Detember 2V23 2023 Total fllnLIs 2022 Total funds UeStricted fund Restri¢t¢d fllnd FLiTD ASSETS Tangibl¢ se InVestnllts 4,133.274 4.133.274 4,138.194 376.665 io 228 913 4,3(K),520 228.91.3 4,529.433 4.$14.859 CURRENT ASSETS Dcbtors Lash at bank 4.190 3144.ulu 4,1 JY) 14J ios j2./11 12 388,200 11,133 399.333 328,882 CREDITORS Amounts falling du¢ withI'n ort year 13 (1,745} {1,745) (1,440) N£T CURRENT ASSXTS 386.4S5 11.133 397 588 397 44 TOTAL ASSETS LESS CURRENT I,IARN.ITIF..S 4.686.975 240.(H6 4.927.021 4.842.301 NET ASSETS 4 686.975 240.046 4.927.021 4 842.301 FUTrIDS un$t[i¢l¢d funds Restticted funds 14 4.686,975 240.046 4,610,974 23 l.327 TOTAL FUNDS 4 927.n21 4.1442.3nl The fiLL1d1 SliilcIII1L5 twpwv¥II by Bud uf TtUbi¥¥b <uid fvi ibbU¢ vil 23rd OL"lub¥i 2024 1 wrir on Als be]]a]f by.. fju4 T Bland. Tn¢ P C Eth's- Tmstee The notes forni pgrt of these financigl statornents Page 11
LEEDS AREA QUAhTR MEETING NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2023 ACCUUIY'IIiYG YVLICIE5 B18 of preparin2 the fmancial statement5 The fitJanci21 statetnents of the clLiritv: whic.h iq A piihlic benefit entity under FRS IU2. Iwe been prepared in accordanG¢ iiiili the Ckntiti¢5 SORP {FRS 102) 'Accounting and Reporttng by ClnI1¢s.. SLqtemenl of ReconUn¢ted Practicc applicable to charities pr¢paring thciraccounts indccorddn¢¢ with tlieFinalal Reporting Standard applicable inth¢ UK and Republic of Ire]and(FRS 102) (¢ffecikTre l January 2019),. Financidl Reporting Standard 102 The Fllllnuai ReDOrtm£ Standard applicable in the UK and Rcpllb" uf Ii¥ldlld' dlld Chatitic5 Act 2011. The fuLqnci81 gtaiements have beenppared underthe historical Coqt conTrentioo with th¢ exception of inv¢sunents which are included at mark¢t value, as mothfied by thc rluatiOn of c¢rtain asseis. TIK tLU5tCC5 satisfi¢d that th¢ ar¢ no mt)tcriul un¢¢rttiinties that affect the ¢h2rity's abilify to eontinue a going concemtora perd ot no less Ihan 12 months from SIgnll of thc BdLuL¥ SliL Incoming reJour¢¢$ DoDgtioll$ #ttd legAcie5 All kiiLviiiiii¥ duiJiitioi]s Icgaiic5ay¢ xncludcd inth¢ Statcmcllt of Financial ActiTriti¢s (SOFA) M".henthe ch2rity bec0CS ¢ntitled io rewu]c¢s, il is morc ltheli tlkqn not that th¢ Ènjsiees will Ceive Tcsoufc¢s diid die motarV value can be measu]Ed with suificieni reliabiliti,. ReMtaVHire of meeting hoiises invp¥tmemt prnpèrtio4 IOIlftg resourccs froni rentsl activities incILed in the Statement of Fin&la1 Activiti&g (SOFA) in the period in which the clLgrity becomes entktled to the funds. Interest rttai'able Interest is included in the Ststennt of Fina121 Activities (SOFAJ receivablc by tIK chan"tv. Resollrees expended RuouC5 CKl1¢arC rCe0)Sed inthe period inwhichthey relat¢lo. ResourceSexIea inc.liide. ?ttnbiitAhle VAT H'hich cannot be recovered. R¢souTCts expended are allocated to the particular activity wh¢re the cost lat<S directly to that activity,. Whe cffjslg Are 2ttrihiiiAble to n[C than one %tivity. the costs are apiM)rtioned rO$S those activities on the basis of Jn 51im¢lt¢ of thcir Charitablc activities include eYp¢ryliture asEocial¢d with the operation of t1 meeting houses and rUnM charitdbk a¢UiJiues and include both ihc dirt Costs aiid suppojt costs tating to tliese activities. Governance costs include iIK)se Costs incurffd in the gOvere of the Charit), and its assets and are primarily aSSIdl¢d wiihconstitutional and siaiutory requirements. Raising funds Resources exnded in l10n to the raising of funds relat¢ to the management associated ivith th¢ fLxed asset ini'estmcnts and n11¥tenance costs associat¢d ii'ith the frc¢lK)td land a1 buildings which are Ikld at COSI. ExpeAllture Is recognis¢d ill thc riVd wlliili il i¢laks. Charitable &ctivitie8 ResoueS exrkndcd on charitable aciiviti¢S covers the njority of the 0ratiOnS of the clL41itv. This iludeS aLL adrninistmtive and sen¢rt)l op¢rating costg of the ch9ritv, includingthe ernplo!."me.nt of A Tr.identlAI warden at one meetsng IUSe and a 0.2FfE QllakerUniversiD' ChdplaiJi bil¥ Ltsl Oiiob¢i. Doi]ation510 oth¢rorgani3ations and gTrnts offered are a150 inGluded in llus brakdoiyn. Cr#nt9 Thc Gharity tsffG grants to othcr orgtsnisati0 as well as individuals. Gr#ntg p&)able with perf&rn)ance condition$ Wlrre tl)e chdn'tv oLTers a gt3nt ii'ith conditions for its paym¢ni bcing a sp¢cific level of senqc¢ or output to bc pmb'ided .41h gnIs Are onl5, recognised as resources cxpended in the Stalement of Financial Activiues (SOFA) once thc rc¢ipient of the grant has completed t1r obligations to meet the perfonnance conditions Page 12 continued...
LKED5 AREA QUAKER MEETING NOTES TO THE FINANCIAL STATEI¥IENTS- continued fnr the. Yer F.ndpd 31 Decemher 2023 ACCOUNTING POLICIES- continued Charitable activities Grants pavablc Ivithout perforniance condition5 Where thetE are no COliOnS aUa¢h&l to a grant offered bv the charity, th¢ full Cost of the grant is recogniscd in the Statement of Financia] Activitie5 (SOFA) as an olllgoillg ffsource in the period where grdIit is offcted and acccptcdb}' the donee. Tangible fixed assets Illdividu fixed assets c05ting £500 or more ar¢ capitalised at cost. Depr¢ciab"on ts prn'idcd on all txngible fixed assets at rates calcu]ated tr> write each asset down to its estsmated residu valu¢ ¢venlv over its ewcted useful life, as follows.'_ FiYtur¢s: fittitt8s 2nd eqllipllnt .' straight line over i }'ears FliVId I<id & buildiii¥s . iY¥uldt ifVkJluiiiiuiLS Taxation As a chan"tv, the orwiisationbenefits frorn rates relief aryl 15 generally exempi from corporatsonl&Y. but )1 frorn VAT. Intcoverable VAT is iti¢luded In the cost of those items to which it relates. Fund %countine Unrestricied funds canbe accordancc with the cl]aTitabl¢ obj¢¢uves at the discretion of th¢ trnstees. Rcstrictcd funds can on]3' be used forparticular $tricted putposes within ihe objects of charity. Restrictions arise when specified by thc dO[r orwhcn fuNls Iw¢ rdis¢d forpa)licular striCted putposcs. Furth¢i Cxplalti0ll of thc natur¢ puryx)s¢ of ¢ach fund is ilUd in thc notG5 to thc fllMnGial 5tat¢m¢xts. Pension c05t$ The charitr 0rat¢S a defined contribution nSIOn scheme. Contnbutions payabl¢ to tIK ¢hatity'S pension s¢hell are charged to qtstennt of Fin9ftcial Ac.hMhe.q in the. rEri{ tn wh5ch they relate. INVESTMENT INCOME 2023 2022 ReA)t from iJLvesinwil propyty Itjierest al dtvideiids 1% ?.7d 7,679 In ?.7?. 3,110 45.953 33.382 Page 13 continueiL..
LEEDS ARKA QUAIaR MEITllYG F40TES TO FINANCIAL STATEMENTS- continued for the Year Ended 31 Decemher 2n23 RAISING FUNDS Investment mknagement tnxLq 2023 2022 Im'esttnenl managcment costs MdimenCe of thvestmeni Pro 5,029 12.183 5,404 5.fiX6 17.212 I i.osY> Aggregate gmoiints 16.675 TRUSTEES. REMUNERATION Al The were no trustees, remune11On or other benefits for the year cnded 31 D¢cember2023 nor for thc year end¢d 31 Decenther2022. There no InLslees' e¥tKnses paid for the year end¢d 31 Dccenkner2023 nor for 1he y¢aF ellded 31 December 2022. STAFF COSTS Th¢ average monthly of employees during the yearwas &8 follows.. 202_1 2022 Full lime ¢quiva]enl No employees received emoluments in excess of £60.000. COMPARATIVES FOR THE STATEMENT OF FINANCL4L ACTIVITIES ulu¥b[u1¥d fu Re5(rIed fiind Toial funds INCOME AND ENDOWMENTS FROM Donations and legacie 15,776 95,289 I¢s[[nei income Other income 31_235 75.468 2,147 1.661 33.382 Total 166,216 205.8(KJ EXPENDrruRE ON Rwsing funds 13,617 3,05g 16,675 Cbaritable activities DepCIation 4,926 4.926 Page 14 continued..
IIEDS AREA QUAKER MEETING NOTES TO THE FINANCIAL STATEMENTS - continued forthe Year Knded 31 December 2V23 COIIIPARAIIVE5 FOR THE STATEMENT OF FINANCJAL ACTIVITIE5- CODllnued Unrcstrkcted R¢stsirted ruj fijnd Total fllnds Adininistrdtiv¢ costs Utilities, seThwices dnd insurance prOrt. maintenance L)oll4tions to other (iuaker orwamsatsons Grants payable Suldtics. Nl dnd pcnsiOAS NoTrQuakcr donatsons lpQnd¢llt ¢xaminationcosts 8.344 5,290 13,634 32,184 $6.869 421.520 9.070 28.354 3.905 1,440 56,869 48,520 Itx) 8,970 3,905 Tortal 198.259 17,318 215,-577 N¢[ ga1(10C5) on invc5trncnts 2_3,331) 31246) 54.5771 NET INCOllffl(EXPENDITURE) (35.374) 3,51)0 128.9801 3.500> (64.354) Transfers betJYeen tsd5 Net movement In thDd8 (3 1,874) (32,480) (64,354) RECONCILIATION OV ViINnS Totsl fiEtsls brought fonvard 4,642,848 263.807 4.906,655 TOTAL FUIYDS CAIUUKD VORWARD 4,610,974 231,327 4,842,301 RESTIUCTED FUNDS Transfers b¢twccn Incomll Rcsoutces Resources At 31.12.23 At 1.1.23 Friellds Action on Poi'eriy 7,115 860 2,056 34 5,953 LAQM Tn]st Fund 217,875 14,007 ?8,913 Sm911 Grants Fund 3,007 2.370 1.440 4.610 Refiigee ApAl LCC Ukrain¢ Support Fund 2.gxo 2.809 13,998) 569 350 5.500 (5.850) TOTAL FUNDS 231027 27,133 9474 240 046 Pa8e 15 ontinue(L..
LEEDS AREA QuAIR MEETING NOTKS TO THE FINANCIAL STATETrNTs- eontittued for the Year Ellded 31 December 2023 RESTRICTED FUNDS- continued Fund name Friends Actionon Poveity To proTridc grants to xtxlividuals or orgaotsations Rti the Le15 ar¢a to relieve povcrtv. This fijndivas fOfflrhT Maged as a separate chan'ts but was merged w'ith LAQM on 30 December 2012. The object of the £ll1 is the turtherJJ)ce ol the gener91 religious a1 charitable purp)ses of the Religious Society of Fri¢J$ (Quakers) in Britain in thc vi¢inity of Lccds and Ilkley and bcyond. Most of rund balance is in inpestments and Inco is the groThth on that investsn¢nL To assist voluntary and charitable OrgasaOnS Tunmng proiects u) ne wrth Quak¢r values ofTrutlL Siinplicith,, SustsinabiIii)". Pwe atd Equa]itv. Tlie incne ts a ¢ombination of dii'idcnds and wi(Iidraiials from the LAQM Trnst Fllnd investrnents: hank interast And incnme fmm <nlAfpAnp.I Donations from fundraising appcal tom'ards sUPPQrting r¢th£r¢5. Thc troJLsfci" repSellts a proportion of the loss ofrenui income frorn th¢ Roundlk2y im?estment pro, used for the Ukranian familv pn)g]Jinme. LCC Ukraine Support Fu1 Grnnt towards ihe CO Oristill¥ d Ukrallidn fdcility. The transfer repre*nts a proportion of the l()sq nf rcnlAI intnmo frnm the RfiiJllAlrAJ iMvp.Inv.nl properts. used for the progr8mllL¢. LAQM Trust Fu1 Sffjall fjranrs FUDI R¢fug¢c Fund DRSICNATED FUNDS At 1.1.23 IncominR Resources Resources TrallsFeT5 between flllldg At 31.12?3 Saiictuary Everywhere 17.253 2.374 11.177) 13.702 EiinclMenl LiJt]ii¢d 8,297 235 8.062 TOTAL FUNDS 25450 2ffjlV) 1,17 I1 blfivd figures hai'e been wlleted as these were iniended ¥s fix.ed allwtions of funds bui ?eStsert gains and ¢lw%¢s w'ere included In the fixures in error in the prior vear financial SIdtellnts. Fund name Rea80n for deSIgnatn To support the iyotk CaTtied out by the local m¢¢tings in Telaiion w refugees Bnd llcluary bverywh¢re asvlum s¢¢kc]s. A fwid to help SUprt the life of local meetings to ¢rni¢h thc spi17tual Itfe of Enrichnrnt LÈn]ited t1 meetings. Page 16 ontinueit..
LEEDS AREA QUAKER MEETING NOTES TO THE FINANCL4L STATEMENTS - continued forthe Year Ended 31 December 2V23 TANGIBLE FIXED ASSKTS Freehold pMty Computer e.qiiiprnent Totals COST At l January 2023 atd 31 De¢¢n4)er 2023 4,131,749 24,627 4 156.376 DEPRECIATtON At l jallu2 2023 Clwge forvear 18,182 18.182 4,920 Al 31 J)ecember 2023 23.102 NET BOOK VALUE At 31 DeccmbeT 2a?.I 4,1.11749 1.525 4,133,274 At 31 December 2022 4 131749 4.138.194 WlirJL IIIL Idi"iUUb pnIC5 bi. charlry we revalued in January 2V17 the illvestment elemeni and the pmgramme Lrlated eleinenls were llot sphL It is not wssible to estimate tbe* i".alues with a Sllfficient degree of certAilltY %T¥t All of tlE ChltIeS properties hav¢ been included H'ithiti fixed asseL. FIXED ASSET INVESTMENIS Listed imTegttnents MARKET VALUE At l January 2023 Iorn¢ s¢n¢Trtcd Management fees Gainl(loss) on Valuation 376.()65 fi.728 (5.029) At 31 December2023 396,159 NET BOOK VALUE At 3 1 December 2023 396,159 AL 31 Dru¢iub¥r 2022 376 665 Fi%e.d Aqset imTestments consist of a rgnge of IK>ldings, ll]2L9ged bv an i]westrnent matW8cr on bchalf of thc Chw-tlv. ILivrbUIiL1 Ii¥ld (li 1¢ rting date are rnade up of a giobal portfolio of 11& corw)rdte bonds aTr index fvnds which deify thc wrtfolio such that the relatI't risk ol tlr invesuneni is reduced. Page 17 ontsnue(t..
LEEDS AREA QUAhTR MLETING rioTES TO THE FINANCIAL STATEMENTS- Continued for the Year Ended 31 Decen)ber 2023 ii. DEBTURS: AMVUIY'lb FALLt¥G DUE WITHIN ONE YEAR 2023 2022 Ttsde debtors Prepayrncnls IU5 ia5 11 CASH AT BAIYK 2V23 2U22 CenfJal Adel Larllon Gildersorne Ilkley RaN,don oundhdy L4udduJg 41,063 48,236 93.791 21.648 23,227 21,936 14,244 110,998 32.520 25.961 67,507 176?.n 113.560 395 445 11 CREDrroRS. AMouf4TS FALLING DUE WITHIN ONE YEAR 2023 2022 Accrned a1)SeS 1,745 MOVEMENT IN FUNDS Net ovement in Al 31.12.23 At 1.1.23 Unre8trlcted funds General fll1 4.610,974 76,001 4,686,975 Restricted funds Rerictrd funds 23 1,327 8,719 240,046 TOTAL FUNDS 4.842.301 84.72U 4,Y27,U21 Net llM)vement in funds, included In The atrfjve <£ as folluwb. Incoming resources R¢sources expended Gal Jnd losses Moi'einent ill[5 Unrestricied funds G¢nerat lund 262,717 1195,057) 8.341 76,001 Restricted fiinA$ R¢5tricted funds 22,941 (23,676) 9.454 8,719 'IVI'AL 28J 658 218 733) 84,720 Page 18 continued..
ED5 AI¢M QUAKER MEETING NOTES TO ThE FINANCIAL STATEMENTS- continued for the Year Ended 31 December 2023 14. MUVLMENT IN FuIS- coTJtinued ComparatiTre8 for movallent in funds Net movenEt in funds Transfers b¢tiv¢¢n Is Al 3L.12.22 At 1.1.22 Unrestrieted tunds Gencrai fut 4,642.848 (35,374) 3.5 4,6IO,974 R¢stAicted funds Restricted tunds 2ti3.807 (28.980) (3,300) 231.327 TOTAL FUNDS 4 9nA 65.5 64.154 4.842.3UI Comparative net nu)veillent in fimds, includs] in the abov¢ are as follows." In¢omins resouffes Resources Gains and losscs Mosement in funds UnreyÈricted funds Gener31 fund 1&6.216 1198.259) (23,3311 135.374) Restricted funds Restri¢t¢d fllnds 19.584 (17,3 18) (31,2461 (28,9801 TOTAL FUNDS 205,8(M) (215.577) 54 5771 64 354) A cuentyer k2 rnonihs prioryegr 12 momhs combincd w)sition is as follows.. N¢t Transf¢rs between moveinent At 31.12.23 Ai 1.1.22 Unrestricted fullds General fund 4.642.848 40,908 3219 4,686,975 ResTriCted fund5 Resiricted funds 263.807 {20.542) (3,781) 240,046 TOTAL FUNDS 4,906.6i5 20.366 4 927 021 Page 19 continued...
LEEDS AKIA QUAklR MEETING NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 December 2023 14. MUVKMKIY I. IIY I'UNDS". continued A current year 12 months and prioryear 12 months combined net Ewvemcnt in fund4 induded in the aiN)ve are as follows.. Incoming xesow¢¢s Resources expend1 Gal l)nd losses MoTrem¢nt infuAIs UnrestTiCted knnds G¢ra1 fund 448.933 (393,316) {14.99Y)) 40,908 Rcstiicttd tund& Restii¢ted fllrnts 42.525 (4U,YY4) (21,'IY2) (20,542) TOTAL FUNDS 4Ql 458 4?4,310) 20.3fiA RELATED PARTY DISCLOSURES Th¥i¥ w¥i¥ i¢]dityl pMiLy &bli01}S foi tb¢ yw"s ¢nded 31 202J or 3 1 DK¢mb¢r 2022. Page 20
EDS AlA QUAKEK MLETtNG DETAILED STATEMENT OF FINANCIAL ACTIVITIES ror the Year Ended 31 Dprpmber 2(b2.1 2023 2022 INCOIIIE AND ENDOWMENTS Donations and legacies Doi&itions Grft aid Grants recelved 66,029 9,277 79.513 12,951 80.81kS 95.289 Inv¢4ttD¢nt tDCOm¢ Rent from investment proFty Imerest a[ divide1$ 38.274 -10,272 45,953 33,582 Charitable llctiTrities Insurdncc claim 83,679 Otber ineome Ot]i¢r celp[s Activities Letting of M¢¢ting HouKs OlheT fUnd[Srng tncotne 1,6(K) 16) 72,863 4S2 2,207 140 74,782 74.939 Tu141 iuLvnJln¥ reyources 285,377 2n.f %(Nl EXPENDITURE Ioi'LYtJllellt mana2ement eosrs Im.'cstment ma]L4¥eineTht costs Maintcllaiice of inv¢5tment prom. 5.029 5,404 5.686 17,212 Charitable actii'ities PTh)pert)? main1ce Administration and con4iltAncy Utiliti¢s, seNice and inSurn¢ Salaries. NatioA]al lDsurdW¢ and nSIOn costs Library Outredfjh Commillees conferences Grants pai'able 58.150 850 31.090 32.902 1,267 56.869 2,843 27,616 28.-354 1,321 3.352 8,578 8,027 1,730 43.250 4.320 124,355 4.777 9,070 14,U88 1,730 44 ()Iin 2,7 194,216 Northorn Friends P¢u¢¢ BOld INFPBI quots Dollauons 10 I'early meetll Donaiions to other Quaker gllpS Carried fonward This pagc (b¢s not fo[ part of Sill1v[Y fiIwLidl siaternen Pag¢21
ED5 AREA QuAlR MLETING DKTAILED STATEMKNT OF FANCIAL ACTIVITIES fnr the Year Ended 31 DeceTnher 2023 2023 2022 Charitable #etiTrryties Brought foTrvaid Non- Quaker (k)JJations Depreciation Accountancy and IndepeIent eX}llnion 124,355 194,216 4.920 1,745 4,926 201.240 204 487 Total r¢sour¢¢s exnded 218,452 215.577 Nei incomel(expeDdiwre) before gains and loyseg 66.925 (9.777) Realised cOgnised gains and losyes R¢ala's¢d goin&1{1078¢S) on fLx¢d asset inVn¢tr$ 17.795 54,577) Net Ineomel(expendlthre) 84.720 64,-354) This poge does not forni port of th¢ stathtory firnm¢tol stat¢m¢nts Page 22