2022-03-31-accounts - The Harry & Mary Foundation

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				Page
Chairman's Report
Report oftbe	Trustees		2	to	11
Report ofthe	Independent	Auditors	12	to	14
Consolidated	Statement ofFinancial Activities
Consolidated	Balance Sheet			16
Balance Sheet				17
Coasolidated	Cash Flow	Statement		18
Notes to the Consolidated		Cash Flow Statement		19
Notes to tbe Consolidated		Financial Statements	20	to	31

	2022	2021
Grants inade	8502,031	f208,750
Investment income Donations from subsidiaries	8145,498 f354,673	t 36,354 f271,168
Bank balances	8585,109	81,469,429

Bradford University Charity Futures Fund
2022 Committed instalment		f10,000
Further Commitment		f20 000	f30,000
Marie Curie Bradford (Charity Number 207994)
2022 Committed instalment		870,822
Further Commitment		674,363
Singe Grant		$10000	610,000
Martin House Children's Hospice (Charity Number 2022 Conunitted instalment	517919)	f60,812
Further Commitment		8125 098	f185,910
St.Gemma's Hospice (Charity Number 1015941)
2022 Committed Instalment		866,000
Further Commitment		f50000	f116,000
Bradford City Disability (Charity Number 1122310)			82,000
Bradford Food Bank (Charity Number 1126516)			KI1,600
Bradford Hospitals (Charity Number 1061753)			K5,000
Bradford Nightstop (Charity Number 1159365) Bradford Soup Run (Charity Number 1001738)			f34,200 f2,000
Bradford Talking Media (Charity Number 1077122) Cancer Support Yorkshire (Charity Number 519429)			KI,000 f5,000
Candlelighters (Charity Number 1045077)			f10,000
Daybreak for the Elderley (Charity Number 1133373) Dogs for Good (Charity Number 1092960)			K5,000 f4,000
Emmaus (Charity Number 1064470)			82,000
Equality Together (Charity Number 700084)			K5,000
Health Action Local Engagement (Charity Number	1123542)		81,000
Macmillan Nurses (Charity Number 261017)			Z5,000
One in a Million (Charity Number 1122573)			618,000
PHAB (Charity Number 283931)			Z2,000
Prism Youth Project (Charity Number 523503)			85,000
Ravenscliffe Community Association (Charity Number 1099461)			85,000
Sue Ryder Manorlands (Charity Number 1052076)			810,000
The Breathing Charity (Charity Number 327033)			K5,000
The Cellar Trust (Charity Number 701982) The Ear Trust (Charity Number 1000929)			K5,000 f5,000
The Memory Tree (CICNumber 08257864)			K2,000
The Salvation Anny (Charity Number 214779)			K2,000
The Sequal Trust (Charity Number 260119)			88,321
			$502031

				31.3.22	31.3.21
				Unrestricted	Total
				fund	funds
			Notes		I
INCOME AND ENDOWMENTS FROM
Donations and legacies				1,935,000	2,473,929
Other trading activities Investinent income				364,585 145498	417,275 ~38354
Total income				24450113	2929558
EXPENDITURE ON
Raising Funds				165,146	129,185
Charitable activities
Grants				521,219	208,750
Other					~9800
Total expenditure				686365	347735
Net income before gains/losses		on investments		1,758,718	2,581,823
Net gains/(losses) on investments				~90415	~429 234
NET INCOME				1,849,133	3,011,057
Gains/(losses) on the revaluation		offixed assets		711,250	184,363
Taxation charges				~152955	88 125
NET MOVEMENT IN FUNDS				2,713,338	3,107,295
RECONCILIATION	OF FUNDS
Total funds brought forward				10,165,089	7,057,794
TOTAL FUNDS CARRIED FORWARD				12 878,427	10,165,089

	n	1 n eSheet
		31March 2022
			31.3.22	31.3.21
			Unrestricted	Total
			fund	funds
	Notes
FIXEDASSETS
Investments		13	11,741,839	9,128,300
CURRENT ASSETS
Debtors		14	1,046,271	104,515
Cash at bank			585,109	1,469,429
NET CURRENT ASSETS			1,631,380	1,573,944
CREDITORS
Amounts falling due within one year		15	(396,656)	(309,838)
NKT CURRENT ASSETS			1234724	1264106
TOTAL ASSETSLESSCURRENT
LIABILITIES			12,976,563	10,392,406
CREDITORS
Amounts falling due after more than one year		16	(98,136)	(74,363)
PROVISION FORLIABILITIES		17		(152,954)
NET ASSETS			12878427	1~ 165 D89
FUNDS		18
Unrestricted funds			12 878,427	1D,165080
TOTALFUNDS			12878427	10165089

	Balance Sheet
		31.3.22	31.3.21
		Unrestricted	Total
		fund	funds
	Notes	8
FIXEDASSETS
Investments	13	10,688,359	9,649,805
CURRENT ASSETS
Debtors	14	990,000
Cash at bank		199,456	119,439
NET CURRENT ASSETS		1,189,456	119,439
CREDITORS
Amounts falling due within one year	15	(243,942)	(82,822)
NET CURRENT ASSETS		945 514	36 617
TOTAL ASSETSLESSCURRENT
LIABILITIES		11,633,873	9,686,422
CREDITORS
Amounts falling due after more than one year	16	(98,136)	(74,363)
NET ASSETS		11535737	9612059
FUNDS	18
Unrestricted funds		11,535 737	9,612,059
TOTAL FUNDS		11535737	9612059

			The Har	The Har	tb Ma	Fo	ndation
			n	li	h	Flow	tatement
						M	r h 2022
							31.3.22	31.3.21
			Notes
Cash flows from operating	activities
Cash generated froin operations							782,053	2,257,534
Tax paid
Net cash provided by operating		activities					~782 053	~2257,534
Cash flows from investing	activities
Purchase offixed asset investments							(3,673,337)	(2,713,323)
Sale offixed asset investinents Investment income received							1,861,466 ~145498	413,650 ~31898
Net cash (nsed in)/provided	by	investing	activities				1 666 373	~267775)
Change in cash and cash equivalents			in the
reporting period							(884,320)	(10,241)
Cash and cash equivalents	at	the beginning
ofthe reporting period							~1469429	~1479670
Cash and cash equivalents	at	the end	ofthe
reporting period							~585 109	~1469429

			Notes to the Consolidated Cash Flow Statement for the ear ended 31March 2022	Notes to the Consolidated Cash Flow Statement for the ear ended 31March 2022	Notes to the Consolidated Cash Flow Statement for the ear ended 31March 2022	Notes to the Consolidated Cash Flow Statement for the ear ended 31March 2022
	RECONCILIATION		OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
					31.3.22	31.3.21
	Net income for the reporting			period (as per the Statement ofFinancial
	Activities)				2,560,383	3,195,420
	Adjustments for:
	Losses/(Gains) on investments				283,773	(280,765)
	(Gains) on investment		properties		(711,250)	(184,363)
	Profit on disposal ofinvestments				(374,190)	(148,469)
	Investment income				(145,498)	(38,354)
	Increase in debtors				(941,756)	(11,293)
	Increase/(Decrease)	in	creditors		110,591	~274 442
	Net cash provided	by	operations		~782053	~2257 504
2.	ANALYSIS OF CHANGES IN NET FUNDS
				At 1.4.21	Cash flow	At 31.3.22
	Net cash
	Cash at bank			1,469,429	884320	~585 109
				1,469,429	884320	~585 109
	Total			1469,429	884320	~585 109

DONATIO	NS	AND LEGACIES
			31.3.22	31.3.21
			I
Donations	and	legacies	1,935,000	2,473,929

		31.3.22	31.3.21
	Property letting	~364 585	~417275
4.	INVESTMENT INCOME
		31.3.22	31.3.21
	Income from listed investments	1~45 498	~38 354
S.	CHARITABLE ACTIVITIES COSTS
			Grant
			funding of
			activities
			(seenote
			6)
			~502 031

6.	GRANTS PAYABL	E
					31.3.22	31.3.21
	Grants				~502 031	~208 750
	The total grants paid	to institutions		during the year was as follows:	31.3.22	31.3.21
	The Ear Trust				5,000
	Sue Ryder, Manorlands				10,000		60,000
	Marie Curie				10,000		60,000
	Bradford Nightstop				34,200
	Bradford Hospitals				5,000
	Daybreak				5,000		5,000
	Emmaus				2,000
	Cancer Support Yorkshire				5,000
	Bradford Soup Run				2,000		1,000
	The Sequel Trust				8,321
	Bradford City Disability				2,000		1,000
	Bradford FoodBank				11,600		8,000
	Health Action Local	Engagement			1,000		1,000
	Panathlon						750
	Ravenscliffe Cornrnunity		Association		5,000		10,000
	The Cellar Trust				5,000		10,000
	Prism Youth Project				5,000		10,000
	Equality Together				5,000		10,000
	The Salvation Anny				2,000		1,000
	St.Gemmas				185,910		1,000
	Martin House				116,000		1,000
	Bradford Talking Media				1,000		1,000
	The Breathing Chanty				5,000		5,000
	Dogs for Good				4,000		4,000
	Hainworth Community		Centre				1,000
	Candlelighters				10,000		16,000
	One in aMillion				18,000		1,000
	National Literacy Trust						1,000
	Macmillan Nurses				5,000
	PHAB				2,000
	Bradford University	Futures Fund			30,000
	The Memory Tree				~2000
					~502 031	~208 750
7.	RAISING FUNDS
					31.3.22	31.3.21
	Investment management		fees		34,279
	Property cost				159567 165 146	59 ~59	216 16

SUPPORT COSTS
Governance cost		31.3.22	31.3.21
Investment management	fee	34,279
Grants		19,188	9,800
		53 467	9 800
Governance costs		31.3.22	31.3.21
Auditors fee		2,100	3,000
Accountancy Fee		3,420	600
Investment Management	Fee	34,279
Management Fee		5,000	5,000
Office overheads		8 668	1200
		53 467	9 800
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
		31.3.22	31.3.21
			f.
Auditors' remuneration		12,100	3,000
Surplus in disposal offixed assets		374190	148469

FIXEDASSETINVESTMENTS
	Investment	Fixed asset
Consolidated	properties I	investments 6	Totals
MARKET VALUE
At 1 April 2021	4,825,200	4,303,100	9,128,300
Additions	145,000	3,537,420	3,682,420
Disposals Revaluations	711258	(1,496,356) ~283775	(1,496,356) 427475
At 31March 2022	~5,681 450	~6060389	~11741 839
NET BOOK VALUE
At 31March 2022	~5681450	~6060389	~11 741 839
At 31March 2021	4,825,200	4,303,100	9,128,300

and the directors. Ifthe inveslment	properties had not been revalue	d, they would ha	ve been included	atf3,644,424
Charity	Shares in
	Group	Investment	Fixed assets
	Undertakings	properties	investment	Totals
MARKET VALUE	8
At 1 April 2021	6,538,370		3,111,435	9,649,805
Additions		145,000	1,522,330	1,667,330
Disposals Revaluations		30,000	(641,653) ~37 123	(641,653) 12,877
At 31 March 2022
NET BOOKVALUE
At 31March 2022	6538 370	~175
At 31 March 2021

DEBTORS:AMOUNTS FAL	LING DUE WITHIN ONE YEAR	LING DUE WITHIN ONE YEAR
	Consolidated		Charity
	31.3.22	31.3.21	31.3.22	31.3.21
		f
Trade debtors	17,957	35,652
Other debtors Prepayments	1,013,454 ~14860	13,432 ~55431	990,000
	~1046271	~104515	~990 000

CREDITORS: AMOUNTS FALLIN	G DUE WITHIN ONE YEAR	G DUE WITHIN ONE YEAR
	Consolidated		Charity
	31.03.22	31.3.21	31.03.22	31.3.21
Other Creditors	3,925	39,064	5,805
Other taxes and social society Accrued expenses	20,254 372,477	34,040 ~236 734	~238 137	~82 822
	~396656	~309838	~243 942	~82 822

CREDITORS: AMOUNTS FALLING DUE	AFTER MORE THAN ONE	AFTER MORE THAN ONE	YEAR	YEAR
	Consolidated		Charity
	31.03.22	31.3.21	31.03.22	31.3.21
Accrued expenses	98 136	74363	~98 136	~74 363
	~98 136	~74 363	~98 136	~74 363
17. PROVISIONS FORLIABILITIES
			Consolidation
			31.3.22	31.3.21
Deferred tax
Gains on investments				~152 954
Consolidated
				Deferred
				tax
Balance at 1 April 2021				152,954
Movement on gains				152,954
Balance at 31March 2022

MOVEMEN	T	IN FUNDS
					Net
Consolidated					movement	At
				At 1.4.21	in funds	31.3.22
Unrestricted		funds
General fund				8,577,299	2,118,052	10,695,351
Revaluation	reserve			1,587,790	595,286	2,183,076
TOTAL FUNDS				~10 165089	~2713338	12878,427
Net movement		in funds, included	in the above are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
					6
Unrestricted		funds
General fund			2,445,083	(695,513)	368,482	2,118,052
Revaluation	reserve			162,103	433,183	595,286
TOTAL FUNDS			2445683	~533436	8D1665	2713338
Charity					Net movement	At
				At 1.4.21	in funds	31.3.22
Unrestricted		funds
General fund				9,336,226	1,910,801	11,247,027
Revaluation	reserve			275,833	12,877	288,710
TOTAL FUNDS				~9612059	~1923678	~II 535737
Net movement		in funds, included	in the above are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				6
Unrestricted		funds
General fund			2,356,193	(541,240)	95,848	1,910,801
Revaluation	reserve				12,877	12,877
TOTAL FUNDS			~2356 193	~541240)	108,725	I 923678
			Page 27

Consolidated					movement	At
				At 1.4.20	in funds	31.3.21
Unrestricted		funds
General fund				5,985,130	2,592,169	8,577,299
Revaluation	reserve			1,072,664	515,126	1,587,790
TOTAL FUNDS				~7057794	~3107295	~10 165089
Net movement		in funds, included	in the above are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
			f,	6		f,
Unrestricted		funds
General fund			2,929,558	(485,858)	148,469	2,592,169
Revaluation	reserve			49,998	465,128	515,126
TOTAL FUNDS			~2929558	~435.860	513597	3107295
Charity					Net
					movetnent	At
				At 1.4.20	in funds	31.3.21
Unrestricted		funds
General fund				6,935,169	2,401,057	9,336,226
Revaluation	reserve			(45,425)	321,258	275,833
TOTAL FUNDS				~6889744	~2722 315	~9612059
Net movement		in I'unds, included	in the above are as foBows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
					f,
Unrestricted		funds
General fund			2,757,904	(218,550)		2,539,354
Revaluation	reserve				182,961	182,961
TOTAL FUNDS			2,757,904	(218,550)	182,961	2,722,315

Consolidated
			Net
			movement	At
		At 1.4.20	in funds	31.3.22
Unrestricted	funds
General fund		5,985,130	4,710,221	10,695,351
Revaluation	reserve	1,072,664	1,110,412	2,183,076
TOTALFUNDS		~7057794	~5820 633	~12 878 427

		Inconung	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		5,384,641	(1,191,371)	516,951	4,710,221
Revaluation	reserve		212,101	898,311	1,110,412
TOTAL FUNDS		~5384641	~969,270)	~1415,262	5,820,633
Charity
				Net
				movement	At
			At 1.4.20	in funds	31.3.22
Unrestricted	funds
General fund			6,935,169	4,311,858	11,247,027
Revaluation	reserve		(45,425)	334,135	288,710
TOTAL FUNDS			~6889,744	~4645 993	~11 535737

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		5,114,097	(759,790)	(42,449)	4,311,858
Revaluation	reserve			334,135	334,135
TOTALIIUNDS		5114997	~759799	291656	4645995

				Holmfirth	Blenheim
				Properties	House
				Limited	Properties
					(Bradford)
					Limited
Company Number				01041624	00670117
Tulllovef				91,605	267,950
Cost ofsales
Gross Profit				91,605	267,950
Other expenses				(79,596)	(65,529)
Other operating income				56,378	27,630
Realised gains				270,618	3,760
Unrealised gains/	(losses)			(250,944)	669,506
Tax on profit on ordinary			activities
Profit on ordinary	acfivities after tax			88,061	903,317
Qualifying charitable		donation		25,319	329,354
Retained profit for	the	period		62,742	573,963
Tangible fixed assets				3,108,182	4,147,418
Net current assets				127,093	162,117
Provisions
Net Assets				3,235,275	4,309,535
Share Capital				1,000	100
Other Reserves				613,787	1,280,581
Profit and loss account				2,620,488	3,365,104
Shareholder's funds				3,235,275	4,645,785