Charity regIStratn numb8r. 1139514 Quakers in Yorkshire Annual Report and Financial Statements for the Year Ended 31 December 2024 Crozier Jones LLP Chartered Certified Accountants & Registered Auditors 9113 Thome Road Doncaster South Yorkshire DN12HJ
Quakers in Yorkshire Contents (continued) Trustees, Report 1to7 Statement of Twstees, Responsibilities Independent Examineffs R8POrt ststement of Financial Activities 10 Balance Shéet Notes to the Flnanclal Statement8 12to27
Quakers in Yorkshire Trustees. Report The trustees present the annual report together with the financial statements of th8 charity for the year ended 31 December 2024. Objectives and activities Objectives, strategles and actlvitias The object of Quakers in Yorkshire per the goveming document is the furtherance of thè g8néral religious 8nd charitable purposes of the Religious Society of Friends {Quakers) in areas of the participant meetings and beyond. This is the region of Yorkshire covered by the seven participating area meetings and beyond. It exercises this responsibility partly by holding four open meetings each year. These undertake nesSary administration, appoint to roles, hear reports and testimonies, leam about the work and witness of Quakers and hear about charitable Work of interest to Quakers. The charity organise6 activities for children, young people and all-age communities. It provides grants for outreach and the fflaintenance of meeting housès. It publishes a triennial Book of Members 8nd Attenders as well as quarterly newsletters and maintains a vbSIte. 11 also administers a number of regional Quaker trusts. Publlc benellt In reviewing the last year and Considering the objectives for the ne year. the trustees have taken into account the Charity Commission guidance on public benefit. Quarterly open meetings provide education, stimulus and fellowship to enhance the worship and witness of Quakerism. Financial resources ar8 Used to provide grants lo support the education of children, and to maintain and fUrb1sh the wide range of meeting houses across the region. A p8rticular focus is on providing opportunities for children and young people to meet together during their developing years. Support is provided for reaching out to introduce the wider public to Quaker worship and witness in the worfd. The trustees Confirm that they have complied with the r8quir8ments of section 17 of the Charities Act 2011 to have due regard to the public b8n8fit guidance published by the Charity Commission for England and Wales. Page 1
Quakers in Yorkshire Trustses. Report (continued) Achievements and perfornianco GENERAL 2024 was a successful year for the activitiés under the auspices of Quakers in Yorkshire. This was particularfy thè case with the youth events of Junior holidays, Yorkshire Friends Holiday School and the révitalised Link Group. These provide Quaker social activities for a wide young age range and do so in a safe environmènt with the strong support of parents and Friends. The youth events would not be possible without the teams of volunteérs who devote time and effort to ensure that inclusive programmes are provided. QUARTERLY MEEfiNGS The quarterly meetings of Quakers in Yorkshire are the forum for its Iwo main roles of administration and Inspiration. All members and attenders from constituent area and local meetings are eligible lo attend. At the meetings all necessary appointrnents are made and information disseminated about activitie6 in support of the objectives. The meetings provide inspiration through opportunities for learning, fellowship and spiritual enrichment. The Arrangements Committee, convened by the Clerks of Quakers in Yorkshire. decides on venues, topics and speakers. This representative committee creates and arranges programmes which aims to deepen knowledge and understanding of Quakerism. The quarterly meeting8 In 2024 were held as blended meetings SO that people could attend either in-person, or online. Mostly this worked well and enabled a more diverse attendance. The January meeting was held al Carlton Hill meeting house in Leeds which is a good venue with excellent opportunities for interaction. The April meeting was at Huddersfield meeting house and the July meeting al New Earswick meeting house and community centre. The last meeting of the year in Odober was hosted by The Mount School in York. The January 2024 meeting heard reports froffl Junior Holidays, Holiday School, Easter Settlement, the Under 19s Coordinating Group, Outreach Project Committ88, Yorkshire Youth Development Worker and the Racial Justice Group. There was a session hearing about the national Young Friends General Meeting and an exploration of new ways for Quaker meetings to engage with all-age communities. The April 2024 meeting had the theme of peace with talks on initiative l¢xally by Huddersfield meeting, the Ramallah Friends School on the Wesl Bank of Israel, the work of the Ecumenical Accompanimènt Programme in Palestine and Isra81, and the activilies of the Northem Friends Peace Board. The afternoon session heard about the Svrds inlo Ploughshares project and engaged with the peace education programmes of Quaker Peace and Social Witness. The July 2024 meeting heard the trustees rèport on the previous year as well as reports from the trustees of Glenthorne Quaker Centre and from Breckenbrough school which is a Quaker run school providing specialist teaching for boys with autism who have been unable to settle in mainstream schools. The meeting also celebrated the 400th anniversary of the birth of George Fox in July 1624 with a talk and a series of displays and presentations open to the public. The October 2024 meèting heard reports from Bootham and The Mount schools. including presentalions by students. There was also a session on the proposals to simplrfy Quaker governance in Yorkshire by merging the charitable functions. Page 2
Quakers in Yorkshire Trustees. Report (continued) JUNIOR HOLIDAYS Two very successful Junior Holidays wé8kends weré held in 2024. Both were fully booked so the organisers are planning a third weekend in 2025. The first Junior Holiday in June was held at Curley Hill, Ilkley, where 33 young people age 6 to 13 attended and made good use of the natural site. A weekend in Septemb8r at Barmoor was attended by 20 young people. This is an ever popular venue but with limited capacity. Both weekends rely on teams of dedicated volunteers. HOLIDAY SCHOOL The 2024 Yorkshire Friends Holiday School was held over a week in August at Bootham school. This year 63 young peoples aged bee8n 13 and 18 attended, supported by volunteers. some of whom had attended in past years. This model works well and has enabled an inclusive friendly atmosphere to be maintained. The theme for the successful week was "A waste of a world" which explored the issues around the climate emergéncy. LINK GROUP The Link Group has already become an integral part of the youth actlvilies in Yorkshire. It had been dormant for many years and then revived by the Youth Development Worker. Thus showing in a short time that there is demand from young people in school years 7 to 13 to meet over a weekend in a distinctly Quaker space. The Group met online and over weekends at Scarborough. York and Barmoor. All were popular and successful. Until the Barm¢)or event, the weekends were under the auspic88 of Britain Yearly Meellng, but responsiblllty has now transferred to Quak8r8 in Yorkshire. EASTER SEThLEMENT Easter Settlement has been held annually for many years. It is a gathering which enables a community to strengthen spiritual and witness roots. The theme of the 2024 evenl was 'Hope, Seeing Light in the Darkness, and was again held at Cober Hill, near Scarborough. It Was a successful evènt attended by 40 adults and 1 child. The decision had b88n mad8 not to make it a family event as recent years has shown that the residential costs are too high for many families. A review by the planning group has led to the decision not to hold a formal event in 2025. Instead there will be a new all-age Yorkshire Quaker Camp. OUTREACH The Outreach Projects Committee provides grants to support outreach projects initiated by local meetings. In 2024, four grants were made, including a publication to encourage allendance at a meeting, an elderly social club, a shared worlds creative communily event and a Qu8ker Quest outreach event. BOOK OF MEMBERS AND AThENDERS Every three years Quakers in Yorkshire compile6 and publishes the Book of Members and Attenders. This lists the contact details of all those attached to meetings in Yorkshire and who have consented to have their names published. It is only available as a printed book to reduce the opportunities for misusè of the data. Trustees are graleful for Ihe considerable effort involved in compiling the book. Sales of the book indicate that il continues to be a valuable part of the services provided by Quakers in Yorkshire. RACIAL JUSTICE GROUP The Racial Justice Group continues to provide advice and guidance on racial justice Issues. It was fomied In the wake of developments both in this and other countries which recognised that there was often overt prejudice, even in societies which consider themselves to be anli-raGlSt. The quarterly meetings now have standing agenda Iteffl of reports from the Racial Justice Group. SAFEGUARDING Quakers in Yorkshire lakes safeguarding of chIldn and vulnerable adults very seriously. There is a Safeguarding Coordinator and Deputy who are trained to deal with any issues. The Safeguarding Coordinator was also a trustee in 2024. The Under 19's Committ88 also advises on safeguarding issues at events and aims to highlight best practi. Advice is available from Quakers in Britain and from 31.'8, a natiorbal safeguarding advice charity. A ttimprehensive safeguarding policy was agreed in 2021 and is reviewed annually. Page 3
Quakers in Yorkshire Trustses. Report (continued) APPOINTMENTS Quakers in Yorkshir8 is responsible for making a range of appointments. This is done by the quarterly meetings on the recommendation of thè Quakers in Yorkshire Nominations Committee. This hard-working, representative, committee depends on dedicated volunteers seeking the right name for each role. It finds Friends willing to serve on the many internal roles needed to keep the organisation running. Also found are governors for Boolham, The Mount and Breckenbrough schools and trustees for Glenlhorne Quaker Cenlre. YORKSHIRE YOUTH DEVELOPMENT WORKER Britain Yearly Meeting - the national Quaker charity - employs a youth development worker based in Yorkshire. This is fund8d by thé seven are8 meetings which make up Quakers in Yorkshire. The project has been running very sucsSfUllY for a number of years and area meetings have now agreed to extend il for another three years until mid-2028. Quakers in Yorkshlre has a strong interest in encouraging and supporting the work as the role holder is able to make a major contribution towards the success and growth of the youth activi118s. Active support for Junior Holidays, Holiday School and the Link Group are particularity valuable. The role-holder has been working with local and area meetings to promote and encourage more young people to lake part in Quaker sponsored activities. Many young people value Quakerism but not necessarily in the way5 favoured by older people. LOCAL DEVELOPMENT WORKER In addition to the Youth Development Worker, Britain Yearly Meellng also employs a Local Development Worker In Yorkshire to work with Meetings and Friends to enhance worship, witness and community action. This post 1$ now in its fourth year and has been successful in developing projects which aim to re-invigorate Quakerism in Yorkshire. Both thè Local and Youth Development Workers have led an initiative to hold a Yorkshire Quaker Camp in 2025 which is intended to be a Iow-c05t event to foster an all-age community. SIMPLIFYING GOVERNANCE Quakers in Yorkshire has been sponsoring an on-going consideration of how to simplify our relatively complex organisalion. It started in 2019 with the Group to Reinvigorate and Simplify Processes 8nd Practices (GRASP). This published a report in 2021 with Tecommendations for ways to simplify procedures with the aim of re-invigoraling Yorkshire Quakerism. Since then local and area meetings have beèn considering how to simplify their govemance. There is strong support for finding ways of reducing the complex Structure inhèrited from Ihe past. In 2023 consultations supported the principle of having a single charity replacing the seven area m8eling charities. The area meetings would be relained for Quaker worship and witness. In 2024 firm proposals were déveloped and the area meetings have committed lo the merged charity. Qu8kers in Yorkshire Trustees also agreed that it would merge into a Yorkshire wide charity. Page 4
Quakers in Yorkshira Trust8es' Report (continued) Financial revlew The 2024 financial year was relatively stable with all the component parts of the accounts performing according to budget. About three quarters of the turnover was due to the residential youth and other activities (Easter Settlement, Junior Holidays, Link Group and Holiday School). The organisers of the residential events aim to cover costs whilst enabling a wide range of participants to attend. This included offering bursaries to those unable to afford the feés. Trustees are very appre¢i81ive that successfvl events were held in 2024, both in terms of numbers attending and financially. Apart from the activities, the other incomè came from donations, sale of Books of Members and Attendèrs and from investments. The donation income was mainly made up of the contributions, or subscriptions. from the seven area meetings who are the core of Quakers in Yorkshire. These contributions are vital in enabling Quakers In Yorkshire to support the administration and offer outreach grants to local meetings. The investment income comes from the inherited funds given in the past. These are mostly restricted 8nd the Income Can only be used for the defined purposes. The income in 2024 was similar lo the previous year bul was still is only 20/0 of the capital value of Ihe funds. The Increase in expenditure in the current year is mainly due to the donation of £42,427 to the Glenthorne Quaker Centre as outlined below. Policy on rns8rves At the year end total reserves carried forward were £878,724, made up of £26,666 unrestricted funds. £261.691 restricled funds and £590,367 endowment fund8. The reserves are held to allow the charity lo carry out its charitable objectives in the short, medium and longer term. The trustees ensu that the level of reserves held complies with Ihe re8erves policy, which is reviewed annually. The reserves policy aims to have a minimum level of unrestricted funds of one quarter of the anticipated expenditure for the forthcoming year, and a maxiumum desired level of one half of the anticipated expenditure. Reserves al 31 DeeMtser 2024 were within that range. Three of the funds held by Quakers in Yorkshire are permanent endowments, which means that the capital of the funds cannot be spent. The Rawdon Friends School Trust goes to assist children of Quaker parents at Ackworth, Bootham and Th8 Mount schools. In 2024, £7,057 was distributed to the schools. Th8 Building Fund gives grants for the maintenance of meeting houses and burial grounds in Brighouse West Yorkshire, Craven & Keighley and Leeds Area Meetings. It gave grants of£2,580 in 2024. The General Meeting Fund is relatively small and supports the core activities of Quakers in Yorkshire. The Forest's (Meets'ng Houses) Fund supports grants for meeting houses anywhere In the region. There were no requests for grants In 2024. The last of Ihe capital fvnds, the Lynton Taylor Bequest supported the charitable activities at the Glenthorne Quaker Centre. In 2024 Trustees recommended the transfer of the funds in the Bequest to Glenthorne Quaker Centre so that they could create a fund to support young people and others to attend Courses and stay at the Centre. This recommendation was endorsed by Quakers in Yorkshire in July 2024. Investmentpollcy and objectlves The investments are managed by Rathbone Greenbank Investment Managers Ltd who carry out all the day-to-day operations. They use investment crit8ria agreed with Trustees Our ethical investment policy strictly defines the companies in which investments are held. In 2024, the general stock market performed well bul this was largely due lo fossil-fuel stocks and armament related stocks - all of which are excluded from the Quakers in Yorkshire ethical porlfolio. The consequence was a smaller increase in the capital value than the stock-market indiS might indicate. Page 5
Quakers in Yorkshire Trustees. Report (continued) Referencè and Administratlve Detalls Charity Registration Number. 1139514 Principal Offlc8 10 Daleside Road Riddlesden Keighley BD20 SES Independent Examlner Chartered Certfied Accountants and Registered Auditors 9113 Thorne Road Donc8Ster South Yorkshire DN12HJ Trustee8 and offlcers The trustees and officers serving durlng the year and Since the year end were as follows: Trustees.. Digby Swift Patricia GeThvat David Olver Ruth McTigh8 Richard V8sey (resigned 31 December 2024) Roy Love Dawn Beck (appointed 20 January 2024) Christine Abbott (appointed 1 January 2024) Other Officers.. David Bunney (co-clerk) David Heslop (Assistant derk) Structure, governance and management Nature of governlng documént Quakers in Yorkshire is an unincorporated charity {registratlon number 1139514), registered on 23 December 2010. Further details of the charity's history and consltullon are included in the Organisational structure section below. Page 6
Quakars in Yorkshire Trustees, Report (continued) Recrultmentand appolntmant of trustees TRUSTEES Each of the seven area meetings nominates one Friend from its membership to serve as a trustee. Théy, together with the clerk of trustees and treasurer, are appointed by Quakets in Yorkshire in session. Trustees may also co-opt up to two further Friends, to be appointed by Quakers in Yorkshire, to act in matters of specialist advice and to serve on the same terms as other trustees. Appointments are reviewed 81 intervals not exceeding three years. Normally a trustee can be reappointed on no more than Iwo occasions, giving a maximum unbroken term of service of nine years. Most trusteès serve for two temis. APPOINTMENTS Quakers in Yorkshire In sesslon is the appointing body for both Intemal office-holders and Quaker representatives to external bodies and committees. It appoints govemors for Bootham and The Mount. the schools in York established by Yorkshire Quarterly Meeting in the nineteenth Century. Both are now independently-govemed Quaker schools, registered charities and compan5es limrted by guarantee. They report annually to the October Session of Quakers In Yorkshire. Quakers in Yorkshire also appolnts,. govemors to Breckenbrough School, an independent charltable twst school of Quaker foundation, for boys with emotional, social and behavioural problems,. Iruslees lo Glenthorn8 Quaker Centre at Grasmere in Cumbria. It appoints Friends to a Nominating Group which finds governors for The Retreat, a charitable provider of specialist mental health care. In addition, Quakers in Yorkshire appoints representatives to regional ecumenical bodies. All appointments are made by Quakers in Yorkshire in session. mainly from names of Friends brought foThvard by Quakers in Yorkshire Nominations Committee, though some may be nominated by area meetings. Nominations Commillee consists of representatives of each of Ihe seven area meetings. In 2023 about 95 Friends held appointments on behalf of Quakers in Yorkshire. INDEMNITY INSURANCE In accordanc8 with normal commercial practice the charity has purchased insurance to protect the trustees and officers from claims arising from negligent acts, errors or omissions occuring whilst on ch8rity business. The cost of the insurance is included as part of the general in6ur8nce policy and is not separately identifi8ble. Page 7
Quakers In Yorkshlre Statement of Trustees. Responsibilities The trustees are responslble for preparing the trustees, report and the flnancial statements In accordance wllh the United Kingdom Accounting Standards (United Kingdom Generalty Accepted Accounting Practice) and applicable law and regulations. The law applicable lo ¢harltles requlres the trustees to prepare financial statements for each financlal year %thlch glve a true and falr vlew of the state ol affairs of the charity and of the Incomlng resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. seled suitabb accounting polic16S 8nd then appty them conslstantly, observe the methods and principles in the Charities SORP 2019 {FRS102)' make judgements and estlmates that are reasonable and prudent., stsl& whether applicable accountlng standards have been followed, subject to eny material departuTrs disclosed and explained in the financial Statements.. and prepare the financial slalements on the going Goncern basts unless It is inappropriate to presume that the charity will continue in business. The Iruslees are responslble for keeplng proper a¢¢ountlng records Ihal dlsclose wlth reasonablo accuracy at any time the financlal poslllon of the charity and enable them lo ensure that Ihe financial statements romply th the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provislons of the con8tltulion. The Iruslees are also responsible for safeguardlng the assets of the charity and hence for taking reasonable step¥ for the prevention and detection of fraud and other irregularftles. The Irustees are respJnslbl8 for the malnlenance and Inlegrlty of the charfly and flnancial InlormatSon Included on the charitls website. Legislation governing the preparation and dissemlnallon of financial statements may differ from legislation in other Iuri5diclions. Approved by the trustees of the charlly on 21 June 2025 and signed on its behalf by.. David Olver Trust88 Page 8
Quakers in Yorkshire Independent Examiner's Report to the trustees of Quakers in Yorkshire I report lo the trust8es on my examination of the accounts of Quakers in Yorkshire for the year ended 31 Dernber 2024. Re8ponsibllitiés and ba8[8 of report As the charity trustees of Quakers in Yorkshire you are responsible for the preparation of the accounts in accordance with th8 requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Quakers in Yorkshire's accounts C8rried oul undér s8Ction 145 of thè 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)Ib) of the Act. Independent examlner's Statement I have completed my examination. l confirm that no materlal matters have come lo my allention in connection with the examination giving m8 cause to believe that in any material respect.. 1. accounting records were not kept In respect of Quakers in Yorkshire as required by sectlon 130 of the Act. or 2. the accounts do not accord wllh those records.. or 3. the 8ccoun18 do not comply wilh the accounting requirements concerning the form and content of accounts sel out in the Charitles (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which 18 not a matter considered as part of an independent examination. I have no concems and have come across no other matterg in connection with the examination lo which attention Should be drawn in this report in order to enable a proper understanding of the accounts to be reached. M S Crozier MAjCakn18 I FCCA ACA ATII Association of Chartered Certified Accountanls Crozier Jones LLP Chartered Certfi8d Accountants and Regislered Auditors 9113 Thome Road Doncaster South Yorkshire DN12HJ 26 June 2025 Page 9
Quakers in Yorkshire Statsment of Financial Activities for the Year Ended 31 December 2024 Total 2024 Unrestricted Restrlcted Endowment Note Income and Endowmènts from: Donations and legacies Charitable activities Investment income Other income 4.598 39.825 1.666 3,154 2,012 6,610 39,825 20,873 3,154 19.207 Total Income 49,243 21,219 70,462 Exp8nditure on: Raising funds Charitable activities (121) (96,924) 13,450) 9,637 (8,208) (11,779) 106,561 Totsl Expenditure Gainsllosses on investment a8s61s (97,045) (13,087) (8,208 (118,340) 29 2,077 2,120 4.226 Net movement in funds (47,773) 10,209 (8,088) {43,652) Reconciliatlon of funds Total funds brought fopward 74,439 251,482 596,455 922,376 Total funds carried forward 19 26,666 261.691 590,367 878,724 Total 2023 Unr88trlcted Restricted Endowment Income and Endowments from: Donations and legaciés Charitable activities Inveslment Income 8,259 48,912 447 1,020 9,279 48,912 17,869 17,222 Total Income 55,618 18,242 73,860 Expenditure on: Raising funds Ch8ritable activities (3241 56,053 (3,445> 5,861 (8,080) {11.849) 61.914 Total Expenditure Gainsllosses on investment assets (56,377) 1,878 9,306 14,098 8,080 32,586 73.763 48,562 Net movement in funds 1,119 23,034 24,5C 48,659 Reetsn¢iliallon of fundg Total funds brought forward 73,320 228,448 571,949 873,717 Total funds carried forward 74,439 251,482 596,455 922,376 The notes on pages 12 to 27 form an integral part of these financial statements. Page 10
Quakers In Yorkshlre (Registration number: 1139514) Balance Sheet as at 31 December 2024 2024 2023 Not• Flxod asso18 Investments 13 810,917 844,896 Current as••ls Dèblors Cash 8t bank and In hand 14 15 2,276 67,268 16,734 61.886 69.544 78,620 Cr•dltor8: Amount• falllng du• wlthln on• year Net current a880ts 16 1,737 1,140 67,807 77,480 Not ass•ts 878,724 922,376 Funds of th• charfty". Endowment fund• 590,367 596.455 Restrlcted Incom• fundg Restricted funds 19 261,691 251.482 Unrestrlcted Incom• funds Unrestricted funds 26,666 74,439 Total funds 19 878,724 922,376 The financial statements on p8ge5 10 to 27 were approved by th8 trustees. and authorised for Issue on 21 June 2025 Bnd Signed on their behalf by- David Olver Trustee The notes on pages 12 to 27 fomi an integral part of these financlal statements. Page 11
Quakers in Yorkshire Notes to the Financial Statements for the Year Ended 31 December 2024 1 Accountlng polieiès Statament of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statément of Recommended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) (effective 1 January 2019 - (Charities SORP (FRS 102)), the Financial Reporting Standard applicabl8 in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. Ba818 of preparatlon Quakers in Yorkshire meets the definition of a public benefit entity under FRS 102. The accounts (financial statements} have been prepared under the historical cost convention with items recognised at cost or transaction value unless otheiSe stated in the relevant note(s) to these account5. Departure8 from tha SORP The financial stslemenls have been prepared to give a true and fair view and have departed from the Charities (Accounts and Reports) Regulalions 2008 only to the extent required to provide a true and fair view. This departure has involved following the requirements of the Charity SORP FRS102 (2019) rather than the Charity SORP 2015 which has since been withdrawn. Going concem The twstee5 consider that there are no material uncertainties about the charity's ability to continue as B going concern. Income and endowments Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be receiv8d and the amount can be measured with sufficient reliability. Donations and legaclos Oonations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably méasured. Inv•stmont income Dividends are recognised once the dividend has been declared and notification has been reiVed of the dividend due. Expendlture All expenditure is recognis8d once th8re is a legal or Constructive obligation to that expenditu, it is probable settlement is required and the amount can be measured reliably. All ¢0sls are allocated to the applicable expenditure heading that aggregate similar costs to that category. Raising funds These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds. Page 12
Quakers in Yorkshire Notes to the Financial Ststements for the Year Ended 31 December 2024 (continued) Charitable activities Charitable expenditure Comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs Support costs are not allocated but are charged to the General Fund. Governance costs These include the costs attributable lo the charity's compliance with conslitutional and statutory requirements, including independent examination and trustees meetings and reimbursed expenses. Irrecoverablo VAT Irrecoverable VAT is charged against the category of resources expended for which it was incurred. Taxatlon The charity is considered to pass the lests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charity for UK corporation tax purpos85. Accordingly, th8 charity is potentially exempt from taxalion in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are applied exdusiv8ly to charitable purposes. Flxed a88et investment• Fixed asset investments, other than programme related investments, 8re included at market value at the balance sheet date. Realised gains and losses on investment8 are calculated as the difference behveen 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. Unreallsed galns and 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. Trade debtor8 Trade debtors are amounts due from Customers or funders for services performed in the ordinary course of business. Trade and other debtors, including concessionary loans, are recognised at the settlement amount less any provision for impairment. A provision for the impairmenl of debtors is established when there is objective evidence that the charity will not be able lo collect all amounts due according to the original terms of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that ar8 readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Fund structure Unrestricted income funds are genèral funds that are available for use at the trustees, discretion in furtheran of the objectives of the charity. Page 13
Quakers in Yorkshire Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Restricted income funds ar8 thosè donated for use in a particular area or for specific purposès, the usé of which is restricted to that area or purpose. Permanent endowment funds are those funds donated for a particular purpose, where income from the funds can be spent for that purpose, but the capital of the funds cannot be spent. Flnanclal Instruments Classification and measurnmant The majority of financial assets and liabilitiés of the Charity are of a kind that qualify as basic financial instrun6nts. Basic financial instruments are initially measured at transaction value and subsequently measured at thelr seltlefflent value. Other debtors indudes concesslonary loans which have been accounted for as bas1¢ flnanclal Instruments on the grounds of materiality. Investment assets are not basic financial instrumenls and have been valued at marked value as outlined in the accounting policy above. Charlty Statu8 Quaker8 in Yorkshlffj Is an unlncorporated registered charity <1139514). 2 Income from donatlon8 and18gacle8 Unrostrlcted funds General Re8tr1cted funds Total funds Donations and legacies., Donations from companies, trusts and 8imilar proceeds Donations from individual$ 2,012 2,012 4,598 4,598 Total for 2024 4,598 2,012 6,610 Totsl for 2023 8,259 1,020 9,279 Page 14
Quakers in Yorkshire Notes to th8 Financial Statements for the Year Ended 31 December 2024 (continued) As noted in the trust88 report, th8 charity benèfits from the servicès of volunteers for which it is grateful. In accordance with the Charity SORP, the value of services provided by volunteers is not quantified nor included in the accounts. 3 Income from charitable activitie8 Unrestricted funds Totsl funds Furtherance of the religious and charitable purposes of the Religious Society of Friends 39,825 39,825 Total for 2024 39,825 39,825 Total for 2023 46,912 46,912 Unre8trlcted funds Gèneral Total 2024 Total 2023 Easter settlement Holiday school Junior holiday Link Group 16,070 18,710 3,315 1,730 16,070 18,710 3,315 1,730 16,834 25,639 4,439 39,825 39,825 48,912 4 Investment income Unrestrlctsd funds General Rè8tricted funds Total fund8 Interest r8celvable and slmilar Income; Interest receivable on bank deposits Other Income from fixed asset investments 531 1,135 913 18,294 1,444 19,429 Totsl for 2024 1,666 19,207 20.873 Total for 2023 447 17,222 17,669 5 Other Income Unrestricted funds Gèneral Total 2024 Book of members 3,154 3,154 Page 15
Quakers in Yorkshir8 Notes to th8 Financial Stat8ments for the Yoar Ended 31 December 2024 (continued) 6 Expenditure on ralslng funds a) Investment management costs Unrestrlcted funds General Endowment funds Pem)anent Restricted funds Total fund8 Other investmenl management costs., Amounts payable to investment managers 121 3,450 8,208 11,779 Totsl ft•r 2024 121 3,450 8,208 11,779 Totsl for 2023 324 3,445 8,080 11,849 Page 16
Quakers in Yorkshire Notes to the Financial Ststements for the Year Ended 31 December 2024 (continued) 7 Expenditure on charitable activities Activity undertaken directly Grant funding of actlvlty Activity •upport costs 2024 2023 C&YP, Holiday School events Cttees. Conferences and Easter Setllement Outreach, publicity Other grants Admin and support costs Book of member8 Donation to Glenthorne Quaker Centre ¢harily 26,358 390 28,748 27,072 16,306 1,935 16,306 4,181 9,638 1,005 2,693 21,829 1,920 5,460 1,638 2.246 9.638 1,005 2.693 42,427 42,427 89,719 12,274 1,005 102,998 57.919 £93.381 (2023 - £52.0581 of the above expenditure was attributable to unrestricted funds and £9,637 (2023 - £5,861) to restricted funds. In addition to the expenditure analysed above, there are also governance costs of £3,563 (2023 - £3,995) which r8lale directly to charitable activities. See note 8 for details. Page 17
Quakers in Yorkshire Notes to the Financial Statements for the Year Ended 31 December 2024 (continuad) 8 Analysis of governance and support Costs Govemancè costs Urbrestrictsd funds General Total 2024 Total 2023 Independent examiner fees Examination of the financial statements Other governance costs 1.206 2,357 1,206 2,357 2,214 1,781 3,563 3,563 3,995 9 Grant-maklng Analysls of granto Grant• to In8tstutlon$ 2024 2023 Grant8 to Indlvlduals 2024 2023 Analysls Grants 11,884 5,460 390 1.917 B8low ar8 details of material grants made to institutions. 2024 2023 Name of Institution Huddersfield Meeting House Crav8n & Kèighley Area Meeting Airton Meeting House Ackworth School Bootham School The Mount School Brighouse Burial Ground Sheffield Central Wooldale Meeting Seltle Friends Meeting 3,000 900 400 1.629 2.715 2,715 2,580 146 1,500 200 11,884 780 520 280 5,460 Page 18
Quaker8 in Yorkshire Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 10 Trusteeg remuneration and expenses No trustees, nor any persons connected with them, h8ve received any remuneration from th8 charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 11 Independent examlnerfs ramuneratlon 2024 2023 Examination of the financial stat8ments 1,206 2,214 Page 19
Quakers in Yorkshire Notes to the Financial Statements for the Year Ended 31 December 2024 (continuad) 12 Taxation The charity is a registered charity and is therefore exempt from taxation on charitable income or gains applied to Charitable purposes. 13 Flxed asset Inveslments 2024 2023 Other investments 810,917 844,896 Other Inveslments Unlistsd Invp$tments Total Cost or Valuation At 1 January 2024 Revaluation Additions Disp08als 844.896 4,226 18,085 56,290 844,896 4,226 18,085 56,290 At 31 December 2024 810,917 810,917 Net book value At 31 D8C8mber 2024 810,917 810,917 At 31 December 2023 844,896 844,896 The charltV8 Investments are invested in a portrolio of fvnds made up of stocks, bonds and cash. At 31 December 2024 this was split £791,442 investments and £19,475 cash. 14 Debtors 2024 2023 Other debtors 2,276 16,734 Debtors includes £1.500 (2023: £9,5CMJ) receivable after more than one year. Other debtors include one (2023= ts+) interest free conces5ionary loans of which £nil (2023- £4,000) is due within one year and £1,51XI {2023: £9.500) is due after more than one year. One of the loans was released during the year and forms part of the donation to Gl8nthorne Quakèr cent charity induded in note 7. Page 20
Quakern in Yorkshire Notss to the Financial Statements for the Year Ended 31 December 2024 (continuad) 15 Cash and cash equivalents 2024 2023 Cash at bank 67,288 61.886 16 Credltor8: amount8 falllng due wSthln one yoar 2024 2023 Au81S 1,737 1.140 17 Flnanclal In8trumonts Categorf8atlon of flnanclal Instrument• 2024 2023 Financial assets measured at fair value through profil or1088 810,917 844.8 18 Related party tran8actlon8 There were no related party tran5action8 in the year. Page21
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Quakers in Yorkshire Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 20 Analysis of net assets between funds Unrestrieted funds General Endowrnent funds Permanent Totsl funds at 31 December 2024 Restrlctod funds Fixed asset inv6Stments Current assets Current liabilitie$ 220,550 41,141 590,367 810.917 69,544 1,737 28,403 1,737 Total net assets 26,666 281,891 590,387 878,724 Unrestrlcted funds Gèneral Endowment funds Pgrmanont Total fund8 at 31 December 2023 Re8trietsd fund8 Fixed asset investments Current assets Current liabilities 28.518 49,061 1,140 221,923 29,559 596,455 844,896 78,620 1,140 Total net assets 74.439 251,482 596,455 922,376 Page 26
Quakers in Yorkshire Notss to the Financial Statsments for the Year Ended 31 December 2024 (continued) Rawdon Frlends School Accounts 2024 Endowment Funds 2024 2023 Incoming resources Investment income 6.555 857 7,058 412 Bank interest and deposits Total incomlng resourcè8 R8source8 expended Other costs of Quaker actlvltles Costs of generating funds Totsl resources oxpended 7.412 7,470 7,057 4,618 11,675 1.560 4,668 8.228 Net In¢omlng resources beforè tran8fer8 Transfers (4,263) 1,242 Net incoming ro8ource8 after transfèrn Gainsl(10ssesl on investments Total funds brought fOard 1 J8n 2024 Total fund8 carrled foward 31 Dec 2024 (4,263) (1,910) 373,685 367,512 1,242 18,189 354,254 373,885 Balance Sheet 2024 2023 Fixed A88ets Long term investments Total fixed assets 359,884 359,884 368,212 368,212 Current assets Debtors Cash at bank 7,828 7,828 7,473 7,473 Total current a88et• Net current liab1111108 Total 099ts8 le88 liabi111108 367.512 373,685 2024 2023 Grants and donation8 Grants to individuals (education) 7,057 1,560 Investment A880ts Analysls of changes durlng the year Market value at beginning of year Add additions to investment at C05t 366,212 352,691 6,463 10,899 {11.081) (15.567) (1,910) 18,189 359,684 366,212 Less prOedS of investments sold Increase in market value during the year Market value at end of year Page 27