2020-12-31-accounts

Contents
			Page
Charity Reference and	Administrative	Details
Trustees' Annual Report
Ladies Committee Annual Report
Independent Auditor's	Report		10
Statement ofFinancial	Activities		13
Balance Sheet			14
Notes to the Financial	Statements		15

Charity registration	Charity registration	Charity registration	number	1155794
Trustees				Mr T D Goatee
				Dr0J Corrado
				Miss R Cox
				Miss F N Ellis
				Mrs A Everett
				Mrs S-A Johnson
				Miss G Morton
				Mrs J E Richardson
				Mr D H Simpson
				Mrs K P Sleath
				Mrs EA Stephens
				Mrs J CWainman
				Mr N AWainman
				Miss JSWenham
				Mr P G Wooler
				Mrs M G M Wooler
Correspondence		Address		Mrs A Everett
				12Eastgate
				Bramhope
				Leeds
				LS169AB
Auditor				Wheawill &Sudworth		Limited
				Chartered Accountants
				35Westgate
				Huddersfield
				HD1 1PA
Solicitor				Weightmans LLP
				Westgate Point
				Westgate
				Leeds
				LS1 2AX
Bankers				National Westminster		Bank pic
				8 Park Row
				Leeds
				LS1 1QS
Investment	managers			Investec Wealth	& Investment		Limited
				4 Floor
				3Wellington Place
				Leeds
				LS1 4AP

				Year Ended	31 December	2020	2019
				Unrestricted	Restricted
				funds	funds	Total	Total
			Note				f
Income and endowments		from:
Donations and legacies			2
Investments			3	144,016		144,016	162,711
Total income and	endowments			144,016		144,016	162,711
Expenditure on:
Investment manager fees and			4	(30,204)		(30,204)	(36,318)
other costs
Chantable activities			5	(214,553)		(214,553)	(189,765)
Total expenditure				(244,757)		(244,757)	(226,083)
Net gains I(losses)	on
investments			8	2,102		2,102	569,886
Net movement in funds			14	(98,639)		(98,639)	506,514
Reconciliation offunds:
Total funds brought	forward		14	5,440,071		5,440,071	4,933,557
Total funds carried	forward		14	5,341,432		5,341,432	5,440,071

Year Ende	d 31 D	ecember 2020
				2020	2019
			Note
Fixed assets
Investments			11	5,322,795	5,433,884
				5,322,795	5,433,884
Current assets
Debtors			12	3,395	1,758
Cash at bank and in		hand		22,542	10,067
				25,937	11,825
Creditors:	amounts	falling due within one year	13	(7,300)	(5,638)
Net current	assets			18,637	6,187
Total net assets				5,341,432	5,440,071
Charity Funds
Designated	funds		14	4,163,238	4,420,696
Free funds			14	18,637	6,187
Revaluation	reserve		14	1,159,557	1,013,188
Total charity funds			14	5,341,432	5.440,071

2	Income f	ro		donations an	d legacies
						Year	ended	Year ended
						31.12.2020		31.12.2019
								6
	Donations
	Legacies
3	Income from investments
						Year	ended	Year ended
						31.12.2020		31.12.2019
							6	6
	Income from			listed investments			144,016	162,711
							144,016	162,711
4	Expenditure			on investment	manager fees and other costs
						Year ended		Year ended
						31.12.2020		31.12.2019
								6
	Investment		manager fees				30,204	31,182
	Legal fees							5,136
							30,204	36,318
5	Expenditure			on Charitable	activities
					Activities		Year ended
					undertaken	Support	31.12.2020	Year ended
					directly	costs	Totalf	31.12.2019 f
	Grants to	beneficiadies			190,047	24,506	214,553	182,915
	Holidays	K	outings					6,850
					190,047	24,506	214,553	189,765

6	Allocation ofsupport	costs			Holidays	Year ended
		Basis of		Grants to	8	31.12.2020	Year ended
	Support cost	allocation		beneficiaries 8	outings 6	Total 6	31.12.2019
	Insurance Auditors remuneration Company secretarial Admin costs	Charitable Charitable Charitable Charitable	costs costs costs costs	1,339 4,500 18,462 205		1,339 4,500 18,462 205	1,269 4,500 20,116 500
	Total			24,506		24,506	26,385

7	Analysis ofgrants
			Year ended	Year ended
			31.12.2020	31.12.2019
			6
	Grants to institutions		160,000	123,330
	Grants to individuals		30,047	34,256
			190,047	157,586
8	Net income for the year
	Net income is stated after crediting:		Year ended	Year ended
			31.12.2020	31.12.2019
				6
	Gifiralemovement	ofinvestments	2,102	569,886

Fixed asset investments
		Listed	Cash held for	Total
		investments	investment
Fair value:
At 1 January 2020 Additions		5,149,832 1,255,985	284,052	5,433,884 1,255,985
Disposals Gains/(losses) and revaluation		(1,263,398) 2,102	(105,778)	(1,369,176) 2,102
At 31 December 2020		5,144,521	178,274	5,322,795
Carrying amount: At 31 December 2020				5,322,795
At 31 December 2019				5,433,884
Investments at fair value	compromise.
			2020f	2019 8
Equities Fixed interest and other	securities		3,322,392 1,822,129	3,312,023 1,837,809
Cash within investment	portfolio		178,274	284,052
			5,322,795	5,433,884

												Balance at
		Balance at										31
		1 January									Gains I	December
		2020f	Income		Expenditure f				Transfers f		(losses) f	2020
Free		6,187	227,003			(214,553)						18,637
Revaluation		1,013,188									146,369	1,159,557
reserve
Designated		4,420,696	(82,987)			(30,204)					(144,267)	4,163,238
Invested Fund
		5,440,071	144,016			(244,757)					2,102	5,341,432
Fund descriptions
Unrestdicted	funds
The free funds of the chaiity			are	available		to be distributed				at the discretion of the		trustees in
furtherance ofthe		objects ofthe charity.
Designated funds
The Invested	fund represents		funds	held as		fixed asset		investments which are used to				generate an
income for the charity.
Revaluation	reserve
The revaluation reserve reflects the				difference		between	the		fair value of listed investments			transferred
to the charity	from	Leeds Benevolent		Society		for Single	Ladies in			2014 and the current fair		value.
Analysis of	net assets between funds
					Free			Designated			Revaluation
					fundsf				funds f		reserve	Total f
Fixed assets	—investments								4,163,238		1,159,557	5,322,795
Cash at bank	and	in hand				22,542						22,542
Current assets						3,395						3,395
Current liabilities						(7,300)						(7,300)
Total						18,637			4,163,238		1,159,557	5,341,432