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|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||||
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|||||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|
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|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|
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|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|
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|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|
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|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|
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|||||||||||||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|
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