REcisfEPED COMPANY. NUMBER: 117444Y115 (E￿alId and Wale8)
Ltd
Royd iDg5 Avemje:
'AC739A74*
0￿112023
COMPANIES HOUSE
#173

•ge
Reportofth¢Tr*¢s.
Indep￿delt.￿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 Ma￿h 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).
obJ￿￿ve$ 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 Tn￿￿olidaY h(th8>
tn ordeT to be abk to maitithiti the IK*liday covtt the cKJsts aod Ca￿1￿￿¢ to iKrease the nwniv of those that b¢n¢fit
the w<)rk of the TnLst. Th¢ Tnty*e5 Committee of Vohmteets are conlinually Iwking to id•itify ¢ff￿tiVe fimd
In 2tr23. the Trustees have a￿d to extetsl the tlwity offtring by pOv￿Ms 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 Da￿1¢$
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¢lldp￿t exan￿￿er.$ 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$ibllities #nd bmts •freport
As the c1￿7t￿$ trwtees of th¢ (ar]d alxl its dittttors fty the pw of comparty law) at¢ r¢sFKffi*bl¢ 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 COm￿Y ae J¥x Tequired to be wdite4J WDder Part 16 of the 2006 Act And
are e]igible for iAdewth¢ exan11￿tiO& l T4Vrt ID t&sp￿ of my eXam1r￿ of YOUT chutt￿8 Bs ¢4Tried out
wOer Seetion 145 of the Cbariti&s Aci 2011 2011 Ac¢). b) ca￿1￿8 oul rny¢X¥mi￿ I have tollowed the Due£tions
giv¢nby the Clwity Con)mission utthr*tion 145(5) (b) of Ihe 2011 Act
Indep¢ndeJtexamlner's $tstenw￿t
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&￿1￿me of Clarru￿ A¢r￿urth￿ ID E￿811￿0
Wal4 vthich is crt of the Iisled i¥Jdi
siviog me rAus¢ to b¢li¢v¢.'
accrm￿1l￿g 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 reCo￿s.
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¢0mll*n￿ 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
fi￿dS
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 br￿t 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 ￿t￿s.
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 c￿lIable ¢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￿￿ T￿th th¢ rEquIrern￿ of the Cornwi& A¢1 2￿6 Yejatthg to
fi￿a￿la1 slateDJent% so farqs applicabk Éo the charitsble comF4ny.

to thtrsthall Colnp￿Ie5 regitr..
The financia] #a*m_¢iits ￿proVed. by th¢ Bogrd ofTntstè£s atid aud￿lSed for isw ￿ 29. June 2023 ¥tsd were sA8ned .
MI.Da￿l¢s- T

the Fth•lle1￿ Ststements
ACCOiJNfiNG POLICIFS
BMgAs ofprepartsg the fiDaDd*l stsitemeAts
The fmancial mtements of th¢ tharitable compw. is • publi¢ ben¢fit C￿lty under FRS 102. have been
prepar&1 in ac¢ordaJ¢e Ivith the Ch8ritKs SORP IFRS IIY2) 'A(xOiin￿ and Rewrting by Ch￿1￿¢$.. St#temeni of
Sthndard applicable ill the UK and Rybli¢ of IrdaTrJ IFRS 102) (effe￿1￿ l J3nuary 2019),. Finattei21 liewtm8
s￿dard 102 The Fitjaticiai Reprtmg Stsndard applicable ill the UK and Rwbli¢ of Ir¢]aJbl 8nd the Cc
AEI InCc￿ is recop)&*d in the Slatone￿i of ActiYitie5 the chw has ¢ntxtlaDent to th¢ fu￿ it is
ExpèDdlthr*
Liobiiities are myiised as ¢X￿¢j1￿tre •s sty)D &$ 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
l￿dIng$ theyhav¢ b¢u1 3I1Lv￿d ￿ xtivitiegofL a basJ"8 consi#eAt the use of
Tart￿t fixed •ssets
l￿p￿latiOn i¥ provided at the following annwl rat¢s in oythrto writ¢ off eacb assa ovu its eA1M4￿ u*ful 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 I￿lon wnditson fvr it to be Gapable of OkYdiinB in the
tnan0erint￿dtd byrnanagemellt.
Depxeciatim is ch8Tg¢d 80 gs to alloca* the cth1 of&%sets I￿ their ttsidual vth ov¢r their w11n￿led u*fu] lives,
apprO￿late, ￿ if the¥e is an iithtioo of a $￿tilfi￿lI 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 e4￿1pment ￿ve suffard
inwairment loss. If any such 1Ddicallo￿ exists. the rtt0vc￿k a￿￿￿t of ko a&%et 18 ￿l￿￿ted 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
T*nEibl¢6xtd assets
of its tewv.ernblt atttount that would have been tktwnmed of deprttiation) had no impairnieni been
T*xatloA
Tr Chwity is ￿¢￿￿{roM cowation tsx on its dwilabk ¥¢iviti4.
UllrE5tric*d funds call be used ID I￿0T￿ance withd* ¢Jwitsbleokie4iK% ¥ theAlsU￿iott ofth¢ tswtee4..
atise when Tècifi¢d by the doThr(Ywhen fvDds rased fCYparttC￿ ttstrlcioJpu￿.
FUrtkn￿ expjwion of thenatiueandpmEX￿C ofearlb fill￿&5 iDchthd in toth¢ firnKia] st¥teD*nts.
OTHER TRAD1NGAcTIV￿jFs
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 c￿le11.
31 March 2022.
There no tru¥t¢es' ¢xpeD5¢Sp￿d￿Drthey¢1rgth￿. 31 l+i•r¢h2023 forthe Irtretided 31 March 2022.
STAFF COST&
31.3.23
Siipportei*ts
No ¢nipk*yees rettivd erllotunKnts 11> èxcess of£60.(￿.
COMP.ARkTIVES FOR THE STATEMENTOFFINANCIAL AellviTILS
Unxestric*d Res" trickd
INCOME AFID EI￿O-WMEPITs TrROM
Donatio￿8 #ttd le8A¢ies
116514
J18,014
Othet tsdI￿8" 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 ACtivTr1￿5. eomlinued
u￿¥styl¢l￿d 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 M￿h 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
Defeff￿a ¢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 I2￿onth coMbiEKd￿6Itsoll 15 &% foum..
Unregtrlcted.funds
213231
Restrkted fwids
(21SCQ)
44.2,099

13. 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]S￿g eV￿ts
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