REcisfEPED COMPANY. NUMBER: 117444Y115 (EalId and Wale8) Ltd Royd iDg5 Avemje: 'AC739A74* 0112023 COMPANIES HOUSE
173
•ge Reportofth¢Tr*¢s. Indepdelt.l1mIntt's Report St•tem¢D¢ of Flnantial AthSlt BalwKe Sheet
Rt rt ofthe.Trnttts ur ended 31 The trusrezs who are alg) dire of th¢ tharity the ofthe Cornpari Act 2((16. pr their Yewrt wxth the fjnallcial stAtemthts of the charity for the ye ended 31 Mah 2023. The thistes have adopteAJ the provRsions of in accorthe with the FinaKial Re&Ing Standard applKabk in the UK Hnd Ryblic of freland IFRS I) (effectivs I January 2019). obJve$ aDd aims The aim of The PTineiple Tntst" Childre'S Clwity IAd is the of lifr for yrAmg childrn aod famili who art dts&dvaots8ed 1ally. physically and crDrAionally a result of povrty or dis&bility. The Tntst pffers the provision of use of one of their six bolithy homes to those disadvant4ged famitits th would otheTrits¢ not hav¢ the opporNitiity of a holithy. W¢ WO wilb lo¢al authorities to idthtify thw¢ thildrn ID ¢x¢tss of 32(rf) thildm have so far benefitrd fft)m a ho]iday iti a TnolidaY h(th8> tn ordeT to be abk to maitithiti the IKliday covtt the cKJsts aod Ca1¢ to iKrease the nwniv of those that b¢n¢fit the w<)rk of the TnLst. Th¢ Tntye5 Committee of Vohmteets are conlinually Iwking to id•itify ¢fftiVe fimd In 2tr23. the Trustees have ad to extetsl the tlwity offtring by pOvMs a fi io oll GhildreD gtsl faJnili¢s Governine do¢um¢ttt The th¥ity is wntrolleAJ by its gov¢nDnE a de•J of trus4 Consti a limited CQDhFW, limited by guiran as defjnedby the Companies Act 2(Th. Registered Comp8Dy numbff 07440015 (F4land and Wales) Rwsttred Charity Number I l41546 Milleniwn Ro Skipton North Yorksbire BD23 2rz Trustees C Campbell M J Davie5 AM Da1¢$ A HBrdm8 S Th¢)m& Page I
Pr Ltd REFERENCE ADM]NISTRATIV£DETAILS IndeptfjdthtExamin Michael William PrO¢FCA yd tDgS Avenu¢ We*'Yorkshite BD214BZ Apwoved by orderof of tru&ees OD29 June 2023 atMI on itst¢balfby: M !"i)a"vies- T .
dentExamiRerfs The Prin¢1 hA IDdep¢lldpt exaner.$ rep.ort to the trustees of The Prill¢ipk Trwt Cblklrell's Charity Ltd I'the CompADy') I w to the thanty tntste89 ots my of ac<amtsoftheCwny for the year enw 31 March 2023. RwoD$ibllities #nd bmts •freport As the c17t$ trwtees of th¢ (ar]d alxl its dittttors fty the pw of comparty law) at¢ r¢sFKffibl¢ for th¢ prEpaTatM)n of th¢ a¢cordants with therequiTemthts of the CoD)paDie5 Att 2W6 Ctbe 2Q Act). Havin8 $atisfi¢d myself that th¢ of the COmY ae J¥x Tequired to be wdite4J WDder Part 16 of the 2006 Act And are e]igible for iAdewth¢ exan11tiO& l T4Vrt ID t&sp of my eXam1r of YOUT chutt8 Bs ¢4Tried out wOer Seetion 145 of the Cbariti&s Aci 2011 2011 Ac¢). b) ca18 oul rny¢X¥mi I have tollowed the Due£tions giv¢nby the Clwity Con)mission utthrtion 145(5) (b) of Ihe 2011 Act Indep¢ndeJtexamlner's $tstenwt Since your chan.tys gtoss i¢wm¢ exc¢thd £250.CW y(Aw ex•nititr must be a Mernb of a listuj i.. l ¢4D ¢onfimL thot I am qUAlified to uttdertake the examinafioa l aDJ of the j&1me of Clarru A¢rurth ID E8110 Wal4 vthich is crt of the Iisled i¥Jdi siviog me rAus¢ to b¢li¢v¢.' accrm1lg re&)Td5 wer¢ not kwt io t¢wt of th¢ as ttqurtil ty 386 of the 21J)6 A¢¢ or the È¢counts do Nlt acco with tly)se reCos. the Kcowits &) oot ¢omply with the attounti08 requirenyemts of Sedion 396 of the 2006 Act other than any the ae¢owiL% have not be¢J pry8rn1 iti acc<tdartt with the meLTr(rfts Ind principles of the Sthtement of Re¢0mlln Pra¢iiee for acc(Mmtm8 aod rqpxting by clwili&s (?12¢able to ¢haTities pw1 their ACC in ordm¢e with the FirwKial RepJting Standard 8pplicable in theUK and Ryblic of Iteland IFRS 102)). Michael William Procter FCA Walkers Ac£ounthats LimitAI AiTEside HIAL%e Royd tJJgs Avenue Keighley WestYork8bire BD214BZ 29 Jun¢ 2023
Trnst ren's C 31.3.22 Totsl fidS INCOME AND ENDOWMENTS FROM Do.Fwiion$ id leg¢i¢s 143J92 118.014. thher trading'activities 91 118.946 91 118.946 Other inme Tota1 3>5,965 335965 217,797. ÈXPENDITURE ON C.k8rit*bieactlvltles 823 TotAI 174.646 17.4.646 NET INCOME IrADrfers betwffN fiuMIs 161319 161319 et movemeptlo fiwds 162.819 161J19 47.549. RECONCILIATION OFFUNDS Totatfunds brt forwJTd 279280 280.780 233.231 TOTAL FtFNDS CARRIED FORWARD 44?.LTr)9. 442,cp)9
Ltd 31.323 31.3.22 Totsl Notes FIXED ETs Tangibl¢ assets 416986 416.986 3CIJ,260 CURRENT ASSETS 10 Cash at bank 75577 75.577 33,487 76. 76,f 33.487 Amounts fttuingd w2thin y (4.837) (4.837) 71.769 71,769 24.395 TOTAL ETs LKSS CURRENT LIABIL111LS 488,755 488.755 324,655 ACCRUALS AND DEFERRED INCOME 12 (46.656) (46,656) (43,875) NET ASSETS 442,099 442.099 280.780 13 Unrestricied Rcstricttd ts. 442.C99 279,280 1.5(M) TOTAL FUNDS 442,099 280,780 The charitsble cortyny is entitl¢d ty exaoptsty fivm alldituth 4T1 of the Conwaniw Act 2(K6 for th¢ yw endèd 31 M4r¢b 2023. The men)bets have not Tequired the rompaDy to obtsin an autht of its ftiwKial sfateumts fiy the yw ¢nde4131 March 2023 iti acujrdance with Seciion 4?6 of Act 2006. (a) ensuring that the clIable ¢otnp4ny keeps that compfy with Secticr6 386 and 387 of the Companies Act 2006 and (b) Prepari fmancial Sthteme wbKb give • and fair view of"& stste of affairn of the rknritable comjpatty as Jt the Cl of eacb fmallcial YUT aThl of its guplus or defiut fty eacb year in ivith th¢ requir¢m.ents of Sections 394 aod 395 and which othuwis¢ Coll Tth th¢ rEquIrern of the Cornwi& A¢1 26 Yejatthg to fiala1 slateDJent% so farqs applicabk Éo the charitsble comF4ny.
to thtrsthall ColnpIe5 regitr.. The financia] #a*m_¢iits proVed. by th¢ Bogrd ofTntstè£s atid audlSed for isw 29. June 2023 ¥tsd were sA8ned . MI.Dal¢s- T
the Fth•lle1 Ststements ACCOiJNfiNG POLICIFS BMgAs ofprepartsg the fiDaDdl stsitemeAts The fmancial mtements of th¢ tharitable compw. is • publi¢ ben¢fit Clty under FRS 102. have been prepar&1 in ac¢ordaJ¢e Ivith the Ch8ritKs SORP IFRS IIY2) 'A(xOiin and Rewrting by Ch1¢$.. St#temeni of Sthndard applicable ill the UK and Rybli¢ of IrdaTrJ IFRS 102) (effe1 l J3nuary 2019),. Finattei21 liewtm8 sdard 102 The Fitjaticiai Reprtmg Stsndard applicable ill the UK and Rwbli¢ of Ir¢]aJbl 8nd the Cc AEI InCc is recop)&d in the Slatonei of ActiYitie5 the chw has ¢ntxtlaDent to th¢ fu it is ExpèDdlthr Liobiiities are myiised as ¢X¢j1tre •s sty)D &$ theze is a le881 or cortstswctiye oblwtiOD ¢Onunitti the Charity to that ¢xpthth'ttw4 il is proimble that a transfer of #onoouc btnefirs will b¢ requutA iti 5ettlemettt and the amount of th¢ obltgatsoD can be Mea5W Teli8bly. Expenth is awounted for (m an xuuaLs bhsx$ and bas beert clas5thed under headings that a8sregate all cc6t YelateA the categ(ry. Whue costs ¢annot be dirxdy 4ttTibu¢¢d pkrttcular ldIng$ theyhav¢ b¢u1 3I1Lvd xtivitiegofL a basJ"8 consi#eAt the use of Tartt fixed •ssets lplatiOn i¥ provided at the following annwl rat¢s in oythrto writ¢ off eacb assa ovu its eA1M4 uful life. Freehold pry)ttty I¢YA onco All wiKibl¢ fLxed assers att & C05t kss acxumulated depreciTrtion. Cost io¢ludes expetid2fLtre that is dir¢¢tly attributllbl¢ to bringing the asset to the Ilon wnditson fvr it to be Gapable of OkYdiinB in the tnan0erintdtd byrnanagemellt. Depxeciatim is ch8Tg¢d 80 gs to alloca the cth1 of&%sets I their ttsidual vth ov¢r their w11nled ufu] lives, apprOlate, if the¥e is an iithtioo of a $tilfilI dwig¢ sittt the145t Trwrting date. cbarged to the iTKOry* St4temtnL Impainnent offix wets At each balaDc¢ sheet dare, th¢ Rvirws thr r4rryitig of its •. plant and equipment to wbethu there is 8Dy ind¢10n that any ife4ns of prw. plan¢ and e41pment ve suffard inwairment loss. If any such 1Ddicallo exists. the rtt0vck at of ko a&%et 18 lted in ord¢r to deten the extent of the imFainn¢nt Ios5, if any. 1Vh it is not possjble to estimate the rttovertile ¥mouTrt of the asset. the Jf th6 ftxoverabk of an is estimated w it Icss Ats ca]ng AmouDt, the canying arnovot of the o Page 7
lor the vtsr thded JI M•r ACCOUNTiNG POL[CIF3. withilled TnEibl¢6xtd assets of its tewv.ernblt atttount that would have been tktwnmed of deprttiation) had no impairnieni been TxatloA Tr Chwity is ¢{roM cowation tsx on its dwilabk ¥¢iviti4. UllrE5tricd funds call be used ID I0Tance withd ¢Jwitsbleokie4iK% ¥ theAlsUiott ofth¢ tswtee4.. atise when Tècifi¢d by the doThr(Ywhen fvDds rased fCYparttC ttstrlcioJpu. FUrtkn expjwion of thenatiueandpmEXC ofearlb fill&5 iDchthd in toth¢ firnKia] st¥teD*nts. OTHER TRAD1NGAcTIVjFs 73,336 31.3.23 31.3.22 9] RaisAngdonathms atsd legA£ies 3.1.3.23 31J.22 .Fulld ¢osts Support costs 26,640 148,006 141.108 174.646 169.425 gea
kTni eDts.. tonlinu fort NET INCOMfJiEXP.ENDfruRE.I 810 .810 53.072 1118.946> 43J66 gwilus.on dLsposa] of"fixe4&ssety" TRUSTEES, REMUNERATION BEf4EFfts There were no tntste£g or other benefits for year. 31 March 2023. nOT for the yew cle11. 31 March 2022. There no tru¥t¢es' ¢xpeD5¢SpdDrthey¢1rgth. 31 l+i•r¢h2023 forthe Irtretided 31 March 2022. STAFF COST& 31.3.23 Siipporteits No ¢nipkyees rettivd erllotunKnts 11> èxcess of£60.(. COMP.ARkTIVES FOR THE STATEMENTOFFINANCIAL AellviTILS Unxestricd Res" trickd INCOME AFID EIO-WMEPITs TrROM Donatio8 #ttd le8A¢ies 116514 J18,014 Othet tsdI8" acfivities 99.779 217,79.7 EXPENDrruRE ON. 169.425 Cb8rf1gble ellvfides 823 823 170248
Ltd tr• the in*neiAI S t¥-eODtiA¥ed COMPAiiATIVES FOR THE ATEM OF FINANCIAL ACtivTr15. eomlinued u¥styl¢ld R#triEled NET INCOME Trati5f¢r5 i•etwe¢n fund 46.049 20.¢)XI 47549 (20,C&)) (18.5.) 47..$49. RECONCILIATION OF FUNDS Totsl fiuth brcwghi f(rvMd 213231 233231 280,780 FTeeknld pr¢perty Ai l Aprit2022 AdditiOJL8 212.696 (212.000) At 31 March 202.3 479,096 DEPRECIATtON Ai l April 2022 Charge for year 28,387 (144.417) At 31 Mh 202> NET BOOK VALUE 31 h4arc.b 2023 416.986 At 31 Marth 2022 3rx),260 Page 10
10, JI£BTOBS: AMOUY4TS FALLING DiIE IVIYIIIN ONE YEAR 31.3.23 1.029 11.. CREDITORS: AMOUNT3 FALLING]bflÈ WTfHIN ONE YEAR 31.3.22 735 292 io 6,678 780 4.837 9.092 12. ACCRUALS AND DEFEIIRED llYCOMK Defeffa ¢4pithl gran d6.656 43,875 Net fDovemeAt At At 1.4.12: Unrestritted funds. 279280 16iJ19 Restricted funds Holi¢ky home iJLX+ (1,5} 161 J19 Unrestri¢t¢d 335965 (174.646) 161J19 {17.4,646) 161.319. Page 11
I& MOVEMENT INTUNIIS. eontimue Compar•dves fvr Jn•Yemtfjt 5A hnds Trnisfels At 1.4.21 40.049 RestrReted.funds Holiday bom¢ 1.51X) (20.000) 1.500 TOTAL FUNDS 280,780 UJir¢strietell 216297 {170248> 46.049 Regtrleted funds Hohday hthne (170,2481 A" CUZTent'year 1.2..oTh.ths and.ptiorypA.r I2onth coMbiEKd6Itsoll 15 &% foum.. Unregtrlcted.funds 213231 Restrkted fwids (21SCQ) 44.2,099
- MOVEMEKfiiy FUNDS. ¢onfinued ID fim&. U•restrlgte41 fvnds 552262 2¢YI.568 Rutrieted fiinds 1,5CKJ 553,762 208.868 14. RKLATED PARTY DISCLOSUIIKS
31.3.23 DolladoDs *Dd lepttes l(Q.773 42.619 98,389. 143J92 1_18.Ol4 Oth¢¥ tradAiig.4¢tivities F.undra]Sg eVts 73536 IovegtmeTht (o¢ome 91: Qther income Gaill on sale of tyi)le fL¥ed"&sstts Total resomr EXPXNDfTURE Rals(ng doDatiDD5 Iwde Furtd raising cixsts Siipport costs Man#gemettt Sundrie5 Site fees 53.072 23,317 Governance costs 810 13 Leg f 13 Net iti¢ome L61.319 Pa8e 14