2023-03-31-accounts - The Harry & Mary Foundation

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				Page
Chairman's Report
Report ofthe	Trustees		2	to	11
Report ofthe	Independent	Auditors	12	to	14
Consolidated	Statement ofFinancial Activities			15
Consolidated	Balance Sheet			16
Balance Sheet				17
Consolidated	Cash Flow	Statement		18
Notes to the Consolidated		Cash Flow Statement		19
Notes to the Consolidated		Financial Statements	20	to	31
Detailed Statement ofFinancial Activities				32

key performance	indicators are:
		2023	2022
Grants made		f601,229	K502,031
Investment income		F161,479	6145,498
Donations from	subsidiaries	f412,337	K354,673
Bank balances		f494,942	6585,109

Bradford University Charity Futures Fund
2023 Committed instalment		K10,000
Further Commitment
Marie Curie Bradford (Charity Number 207994)
2023 Committed instalment		f74,363
Further Commitment
Single Grant		610000	610,000
Martin House Children's Hospice (Charity Number	517919)
2023 Committed instalment		f61,962
Further Commitment
St.Gemma's Hospice (Charity Number 1015941)
2023 Committed Instalment		f25,000
Further Commitment
Bolton Villas (Charity Number 1180791)			K2,000
Bradford City Disability (Charity Number 1122310)			K2,000
Bradford Ear Trust (Charity Number 1061753)			f.35,000
Bradford Food Bank (Charity Number 1126516)			f22,000
Bradford Hospitals (Charity Number 1061753)			K5,000
Bradford Neonatal (Charity Number 1061753)			f30,000
Bradford Soup Run (Charity Number 1001738)			K2,000
Bradford Talking Media (Charity Number 1077122)			K1,000
Cancer Support Yorkshire (Charity Number 519429)			K5,000
Candlelighters (Charity Number 1045077)			f10,000
Daybreak for the Elderly (Charity Number 1133373)			K6,000
Dogs for Good (Charity Number 1092960)			K4,000
Emerge (Charity Number 1152146)			f24,000
Equality Together (Charity Number 700084)			K5,000
Health Action Local Engagement (Charity Number	1123542)		K1,000
Lippy People (Charity Number 1162902)			K2,000
Macmillan Nurses (Charity Number 261017)			K5,000
One in a Million (Charity Number 1122573)			f24,000
PHAB (Charity Number 283931)			K2,000
Place2be (Charity Number 1040756)			f10,000
Project 6 (Charity Number 1173006)			K3,000
Prism Youth Project (Charity Number 523503)			f,5,000
Ravenscliffe Community Association (Charity
Number 1099461)			K5,000
Sue Ryder Manorlands (Charity Number 1052076)
2023 Committed instalment Further Commitment		f110,639 f241,590
Single Grant		610000
			6362,229
The Breathing Charity (Charity Number 327033)			K5,000
The Cellar Trust (Charity Number 701982)			K5,000
The Memory Tree (CICNumber 08257864)			f,2,000
The Salvation Army (Charity Number 214779)			62,000
Yorkshire Film Archives (Charity Number 1093468)			K5,000
			6601 229

	Sue Ryder	Martin House	StGemma's	Bradford	Total
				University
2024	120,795	63,136	25,000	10,000	218,931
2025	120,795				120,795
	241 590	663 136	625 000	610000	6339726

		for t	he ear ended 31March	2023
				31.3.23	31.3.22
				Unrestricted	Total
				fund	funds
			Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies				17,407	1,935,000
Other trading activities				349,090	364,585
Investment income				161479	145498
Total income				527,976	2445 083
EXPENDITURE ON
Raising Funds				235,603	165,146
Charitable activities
Grants				621,678	521,219
Total expenditure				857,281	686365
Net income before gains/losses		on investments		(329,305)	1,758,718
Net gains/(losses) on investments				~343699)	90415
NET INCOME				(673,004)	1,849,133
Gains/(losses) on the revaluation		offixed assets			711,250
Taxation charges					152955
NET MOVEMENT IN FUNDS				(673,004)	2,713,338
RECONCILIATION	OF FUNDS
Total funds brought forward				12,878,427	10,165,089
TOTAL FUNDS CARRIED FORWARD				12,205,423	12,878,427

T	he Har dt M	ar Foundation
	Consolidated	Balance Sheet
	31March 2023
			31.3.23	31.3.22
			Unrestricted	Total
			fund	funds
	Notes
FIXEDASSETS
Investments	13		12,107,680	11,741,839
CURRENT ASSETS
Debtors	14		89,008	1,046,271
Cash at bank			494,942	585,109
NET CURRENT ASSETS			583,950	1,631,380
CREDITORS
Amounts falling due within one year	15		(365,412)	(396,656)
NET CURRENT ASSETS			218538	1,234 724
TOTAL ASSETSLESSCURRENT
LIABILITIES			12,326,218	12,976,563
CREDITORS
Amounts falling due after more than one year	16		(120,795)	(98,136)
NET ASSETS			12205,423	12878427
FUNDS	17
Unrestricted funds			12205,423	12878,427
TOTAL FUNDS			12205 423	12878427

	Balance Sheet
	31March 2023
		31.3.23	31.3.22
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Investments	13	11,795,967	10,688,359
CURRENT ASSETS
Debtors	14	29,328	990,000
Cash at bank		87,014	199,456
NET CURRENT ASSETS		116,342	1,189,456
CREDITORS
Amounts falling due within one year	15	(277,657)	(243,942)
NET CURRENT ASSETS/(LIABILITIES)		~161,315)	945 514
TOTAL ASSETSLESSCURRENT
ASSETS/(LIABILITIES)		11,634,652	11,633,873
CREDITORS
Amounts falling due after more than one year	16	(120,795)	(98,136)
NET ASSETS		11,513,857	11535,737
FUNDS	17
Unrestricted funds		11,513,857	11535,737
TOTAL FUNDS		11,513,857	11535,737

				The Harr	The Harr	&Ma	Foundation
				Consolidated		Cash	Flow Statement
				for the	ear	ended	31March 2023
							31.3.23	31.3.22
				Notes
Cash flows from	operating	activities
Cash generated from operations							337,521	782,053
Tax paid
Net cash provided	by operating		activities				337,521	782053
Cash flows from	investing	activities
Purchase offixed	asset investments						(3,127,105)	(3,673,337)
Sale offixed asset investments							2,537,424	1,861,466
Investment income received							161,993	145,498
Net cash (used in)/provided		by	investing	activities			427,688	i1,666,373)
Change in cash	and cash equivalents			in the
reporting period							(90,167)	(884,320)
Cash and cash equivalents		at	the beginning
ofthe reporting	period						585 109	1479670
Cash and cash equivalents		at	the end	ofthe
reporting period							494 942	585,109

		Notes to the Consolidated Cash Flow Statemen for the ear ended 31March 2023	Notes to the Consolidated Cash Flow Statemen for the ear ended 31March 2023	t	t
RECONCILIATION		OFNET INCOME TO NET CASH FLOW FROM		OPERATING ACTIVITIES
				31.3.23	31.3.22
Net income for the	reporting		period (as per the Statement ofFinancial
Activities)				(673,004)	2,560,383
Adjustments for:
Losses on investments				401,658	283,773
(Gains) on investment		properties		(119,870)	(711,250)
Profit on disposal ofinvestments				(57,948)	(374,190)
Investment income				(161,993)	(145,498)
Increase in debtors Increase/(Decrease)	in	creditors		957,263 ~8,585	(941,756) 110,591
Net cash provided	by	operations		337,521	782,053

ANALYSIS OF CHANGES IN NET F	UNDS
	At 1.4.22	Cash fiow	At 31.3.23
Net cash
Cash at bank	585,109	90,167	494,942
	585,109	90,167	494,942
Total	585 109	90,167	494942

			3L3.23	31.3.22
	Property	letting	349 090	364 505
4.	INVESTMENT INCOME
			31.3.23	31.3.22
	Income	from listed investments	161,479	1~45498
5.	CHARITABLE ACTIVITIES COSTS
			31.03.23	31.03.22
	Grants	(see note 6)	601,229	502,031
	Support	Cost	20,449	19,188
			621,678	521,219

GRANTS PAYA	B	LE
					31.3.23	31.3.22
Grants					601,229	502,031
The total grants paid to institutions				during the year was as follows:	31.3.23	31.3.22
The Ear Trust						5,000
Sue Ryder, Manorlands					362,229	10,000
Marie Curie					10,000	10,000
Bradford Nightstop						34,200
Bradford Hospitals					5,000	5,000
Daybreak for the Elderly					6,000	5,000
Emmaus						2,000
Cancer Support Yorkshire					5,000	5,000
Bradford Soup Run					2,000	2,000
The Sequal Trust						8,321
Bradford City Disability					2,000	2,000
Bradford Food Bank					22,000	11,600
Health Action Local		Engagement			1,000	1,000
Bradford Ear Trust					35,000
Ravenscliffe Community			Association		5,000	5,000
The Cellar Trust					5,000	5,000
Prism Youth Project					5,000	5,000
Equality Together					5,000	5,000
The Salvation Army					2,000	2,000
St.Gemma's						185,910
Martin House						116,000
Bradford Talking Media					1,000	1,000
The Breathing Charity					5,000	5,000
Dogs for Good					4,000	4,000
Bradford Neonatal	Unit				30,000
Candlelighters					10,000	10,000
One in aMillion					18,000	18,000
Bolton Villas					2,000
Macmillan Nurses					5,000	5,000
PHAB					2,000	2,000
Bradford University		Futures Fund				30,000
The Memory Tree					2,000	2,000
Emerge					24,000
Lippy People					2,000
Place2be					10,000
project 6					3,000
Yorkshire Film Archives					5,000
					601,229	502,031

RAISING FUNDS
		31.3.23	313.22
Investment management	fees	35,476	34,279
Property cost		200 127	130,867
		235603	165,146
SUPPORT COSTS
		31.3.23	31,3.22
Governance cost		20449	19188
		20449	19,188
Governance costs		31.3.23	31.3.22
Auditors fee		9,667	2,100
Accountancy Fee		1,685	3,420
Management Fee		5,000	5,000
Office overheads		4097	8668
		20449	19188
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
		31.3.23	31.3.22
Auditors' remuneration		16,667	12,100
Surplus in disposal offixed assets		61,911	374 190

FIXEDASSETINVESTMENTS
	Investment	Fixed asset
Consolidated	properties	investments	Totals
MARKET VALUE
At 1 April 2022	5,681,450	6,060,389	11,741,839
Additions	990,130	2,136,975	3,127,105
Disposals Revaluations	(1,918,750) 119870	(598,227) ~364 157)	(2,516,977) ~244 287)
At 31March 2023	4 872700	7234980	12 107,680
NET BOOKVALUE
At 31March 2023	4 872700	7234,980	12 107,680
At 31March 2022	5,681,450	6,060,389	11,741,839

and the directors. Ifthe investment	properties had not been re	value	d, they would ha	ve been included	at K3,644,424
Charity	Shares in
	Group		Investment	Fixed assets
	Undertakings		properties	investment	Totals
MARKET VALUE
At 1 April 2022	6,538,370		175,000	3,974,989	10,688,359
Additions			990,130	335,717	1,325,847
Disposals				(253,097)	(253,097)
Revaluations At 31March 2023	653~83	Q	309,870 1475 000	+2275,011 ~82~	34,859 11795 967
NET BOOK VALUE
At 31March 2023	6 538 370		1475 000	3 782597	~11 ~967
At 31March 2022	653~89		175,000	~39 4989	10688 359

DEBTORS:AMOUNTS FALL	ING DUE WITHIN ONE YEAR	ING DUE WITHIN ONE YEAR
	Consolidated		Charity
	31.3.23	31.3.22	31.3.23	31.3.22
Trade debtors	34,798	17,957
Other debtors	26,398	1,013,454	16,039	990,000
Prepayments	27 812	14860	13289
	89008	1 046 271	29 328	990000

CREDITORS: AMOUNTS FALLING	DUE WITHIN ONE YEAR	DUE WITHIN ONE YEAR
	Consolidated		Charity
	31.03.23	31.3.22	31.03.23	31.3.22
Other Creditors	25,360	3,925	26,820	5,805
Other taxes and social society	20,901	20,254
Accrued expenses	319151	372477	250 837	238,137
	365412	396656	277 657	243 942

CREDI	TORS: AMOUNTS FAL	LING DUE AFTER MORE THAN ONE Y	LING DUE AFTER MORE THAN ONE Y	EAR
		Consolidated		Charity
		31.03.23	31.3.22	31.03.23	31.3.22
Accrued	expenses	120795	98 136	120795	98 136
		120795	98 136	120795	98 136

MOVEMENT	IN FUNDS
				Net
Consolidated				movement	At
			At 1.4.22	in funds	31.3.23
Unrestricted	funds
General fund			10,695,351	(391,216)	10,304,135
Fair Valuation	reserve		2,183,076	(281,788)	1,901,288
TOTAL FUNDS			12,878,427	~673,004)	12205 423
Net movement	in funds, included	in the above are as follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		527,976	(857,281)	(61,911)	(391,216)
Fair Valuation	reserve			(281,788)	(281,788)
TOTAL FUNDS		527976	~857,281)	~343,699)	~673,004
Charity				Net
				movement	At
			At 1.4.22	in funds	31.3.23
Unrestricted	funds
General fund			11,247,027	(56,740)	11,190,287
Fair Valuation	reserve		288,710	34,859	323,569
TOTAL FUNDS			11,535,737	~21 881	11513,856
Net movement	in funds, included	in the above are as follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		632,781	(680,424)	(9,097)	(56,740)
Fair Valuation	reserve			34,859	34,859
TOTAL FUNDS		632,781	~680,424	~25,762)	~21881)

Comparatives	for movement	funds
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
Fair Valuation	reserve		1,587,790	595,286	2,183,076
TOTAL FUNDS			10,165089	2 713338	12878,427
Net movement	in funds, included	in the above are as follows:
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		2,445,083	(695,513)	368,482	2,118,052
Fair Valuation	reserve		162,103	433,183	595,286
TOTAL FUNDS		2 929 558	~533,4107	801,655	2 713328
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
Fair Valuation	reserve		275,833	12,877	288,710
TOTAL FUNDS			9,612059	1 923 678	11535 737

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		2,356,193	(541,240)	95,848	1,910,801
Fair Valuation	reserve			12,877	12,877
TOTAL FUNDS		2,356,193	(541,240)	108,725	1,923,678

Consolidated
			Net
			movement	At
		At 1.4.21	in funds	31.3.23
Unrestricted	funds
General fund		8,577,299	1,726,836	10,304,135
Fair Valuation	reserve	1,587,790	313,498	1,901,288
TOTAL FUNDS		10,165089	2040334	12205,423

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
Unrestricted	funds
General fund		2,973,059	(1,552,794)	306,571	1,726,836
Fair Valuation	reserve		162,103	151,395	313,498
TOTAL FUNDS		2,973,059	~1,390,691)	457,966	2040334
Charity
				Net
				movement	At
			At 1.4.21	in funds	31.3.23
Unrestricted	funds
General fund			9,336,226	1,854,061	11,190,287
Fair Valuation	reserve		275,833	47,736	323,569
TOTAL FUNDS			9612059	1,901797	11513856

follows:		I
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted		funds
General	fund		2,988,974	(1,221,664)	86,751	1,854,061
Fair Valuation		reserve			47,736	47,736
TOTAL	FUNDS		2 988974	~1,221 664	134487	1 9131797

				Holmfirth	Blenheim
				Properties	House
				Limited	Properties
					(Bradford)
					Limited
Company Number				01041624	00670117
Turnover				80,963	156,755
Cost ofsales
Gross Profit				80,963	156,755
Other expenses				(105,469)	(71,389)
Other operating income				35,848	33,966
Unrealised gains/	(losses)			(16,744)	(352,717)
Tax on profit on ordinary			activities
Profit on ordinary	activities after tax			(5,402)	(233,385)
Qualifying charitable		donation		187,566	224,771
Retained profit for	the	period		(192,968)	(458,156)
Tangible fixed assets				2,837,539	4,012,544
Net current assets				204,768	175,085
Provisions
Net Assets				3,042,307	4,187,629
Share Capital				1,000	100
Other Reserves				851,611	480,996
Profit and loss account				2,189,696	3,706,533
Shareholder's funds				3,042,307	4,187,629

				31.3.23	31.3.22
INCOME AND ENDOWMENTS
Donations and legacies
Donations and legacies				429,744	2,289,673
Investment income
Rents received				111,372	5,030
Income from listed investments				91665	61,490
				203 037	66 520
Total incoming resources				632,781	2,356,193
EXPENDITURE
Raising Funds
Property Expenses				27,516
Charitable activities
Grants to institutions				601,229	502,031
Support costs
Governance costs
Auditors' remuneration				9,667	2,100
Accountancy fees				1,685	3,420
Legal and professional				9,949
Investment management		fee		21,281	20,021
Management fees				5,000	5,000
Office overheads				4 097	8,668
				51 679	39209
Total resources expended				680,424	541240
Net income before gains		and losses		(47,643)	1,814,953
Realised gains and losses
Gains/ (losses) on sale of		fixed asset investment		(9,097)	95,848
Unrealised recognised	gains and losses
Unrealised gains/(losses)		on fixed asset investments		(275,011)	(17,123)
Unrealised gains/(losses)		on investment	property	309870	30000
Net income				~21,881)	1 923,678