2021-10-31-accounts

Hudswell Charity 2022

Housing

Throughout the last year all six of our properties have been fully let to local families and individuals all of whom have strong local connection. There have been no vacancies. We are well aware of the impact of increasing fuel process on our tenants. Our three new homes are well insulated and have ground source heating systems and solar panels which means that our tenants there are protected from the rising cost of oil. We have also continued to invest in our three older properties seeking to make them more energy efficient and attractive. Last year we reported that, as demand for our homes was strong, we were considering whether the Charity should invest further in the village by building a few more homes for rent or possibly shared equity. We have made some progress on the idea and hope to receive a grant aid from Richmondshire District Council to explore the viability of building up to three low energy, low environmental impact homes on the land behind Plews Cottages. We will be consulting the village about this once this proposal has been firmed up.

St Micheal and All Angels Church

We held a well-attended public meeting in the former church in August 2021 at which we explained our plans to convert St Michaels church into a hostel for walkers and cyclists. Those attending had a number of concerns about the proposal, most of which the trustees were able to offer reassurance on. We were finally able to submit a planning application to the Yorkshire Dales National Park Authority last October. However, as the Authority’s Listed Buildings Officer had a number of objections to the design, in particular to the glass walls that were included to protect the new staircase, we have asked the Planning Authority not to determine the application until we have been able to address this issue. It has taken a long time to find a Fire Engineer to work on alternative proposal that would involve a misting system to suppress fire, thus dispensing with the need for these walls. As yet, this issue has not been fully resolved. In the meantime, we have finalised business plan which demonstrates that the hostel will be a viable business even at fairly modest occupancy rates and we have employed a Quantity Surveyor to estimate the costs of the conversion work. He estimates these to be around £800,000. However, with the costs building materials continuing to rise we have to assume that the cost will be greater than this. The challenge of raising these funds largely from grant aid will be considerable.

Richmonshire Building Conservation Trust (who own The Station) have offered us their support and have also put us in touch with a group who are developing an English Camino route (the Camino Ingles), from Finchale Priory in County Durham, via the Cathedrals of Durham, Ripon and York, on to the south coast, where a ferry can be caught to A Coruna in northwest Spain, from where the Camino continues to Santiago. These pilgrimage routes are increasingly popular and as the route passes through Richmond and then on to Leyburn it can take in Hudswell and our hostel housed in a former church. This will boost the viability of the hostel and help with our fund-raising efforts, which have yet to begin in earnest.

Grant aid

Following our merger with the Hudswell Schools Charity the trustees published the availability of education grants to Hudswell residents from our newly

established Education Fund. A few applications have received and agreed. The Charity also provided a grant towards the cost of the Hudswell Children’s Christmas party, which, due to Covid restrictions, has not yet taken place! As reported last year the Charity is able to support any project in the village which meets the following criteria, the grant will either:

1. Promotes sport, recreational activities, or play

2. Promotes health or the relief of sickness or disability

3. Promotes education or training

4. Promotes wellbeing.

However, other than those mentioned above, no requests for assistance have been received. We would be very happy to consider any idea that would add to the vitality of village life.

Charity Trustees

Susan Ferns-Williams remains the chair of the Charity and the Hudswell Hostel @ St Michaels board of directors. During the year Sheila Sadler resigned as a Charity Trustee, but we are pleased to report that two new villagers have joined both the Charity and the Church project, these are Heather Swettenham and Phil Simmonds. The current trustees are therefor Ian Whinray, Susan Ferns Williams, Rev Martin Fletcher, Martin Booth, Annie Sumner, Paul Chapman, Heather Swettenham and Phil Simmonds.

Martin Booth Secretary Hudswell Community Charity Secretary October 2021

CHARITY REGISTRATION NUMBER: 1161514 Hudswell Community Charity Unaudited Financial Statements 31 October 2021 IAN CRI OP ACCOUNTANC Chartered accountants Unit 1, Borough House Business Centre. 5 Borough Road. Richmond. North Yorkshire DL10 4SX

Hudswell Community Charity Financial Statements Year ended 31 October 2021 Pagè Trustees. annual report Independent examinerfs report to the trustees ststement of financial actiifjties Statement of financial position Notes to the financial statements The following pages do not forni part of the financial slatements Detailed statement of financial activities 17 Notes to the detailed statement of financial activities 18

Hudswell Community Charity Truslees. Annual Report Year ended 31 October 2021 The trustees present Iheir report a￿1 the unaudited financial statements of the charity for the year ended 31 October 2021. Reference and administrdtive detsils Registered charity name H￿j$W￿l Communty Charity Chafity registration mimb¢r 1161514 Prlncipal office Sheep Dip Cottage Hudswell RichrnoThJ North Yorkshire DL116BQ The trustoes Rev M Fletcher Mr P Chapman MrMTBooth Ms J A Sumner Mrss Sadler Mrs S C Fem•Williams Mr I Whinray Independent examin Mr R I Crisop Untl 1. Borough House Business Centre. 5 Borough Road. Richmond. North Yorkshire DL104SX Structure. govemance and management The Charity is govemed by a board of trustees meet on a regular basis and is constituted under the Charities. Act 2011. Oblectlves and aetlvltles Charitatle objects The prevenb.on or ￿lef of p)verty and the rdief of sickness in Hudswell and the surrounding areas. Activities Hudswell Community ¢harity fuifiis its objectNes through providing housing for those are in need, providing granls lo young people tn higher education and ￿1th the maintenance, improvement or provision ol public amenities.

Hudswell Community Charity Trustees. Annual Report I￿111￿1￿d} Year ended 31 October 2021 Achievements and perfomianGg Housing Throughout the last year all six of our prokwties have been fulty to local families and individuals. There has been a one vacancy cased by the death of one of our residents. There was considera￿¢ interest in this vacancy, including some from some awAicants VAV) had strong local Ix)nnections and goo1 reason to want to live in Hudswdl, dKJ nol qualrfy as they owned their own homes and were not. therefore, in housing need. Thi5 led to the trustees considering whether we should look to build some more properlies.that w(MJld be available on a shared equty basis. This is a question that we w15 address over the next 12 months. We were. however, quicky a￿e lo fill the vacancy with 2 f8mdy who were in housing need who fvlly met Dur criteria. For the past year, Iherefore, our aim of haviTh3 Six untts to let lo local residents with a strong Iccal c￿ne￿￿"0n has continued to be mel Si Micheal and All Angels Church The lockdown caused by the Covid 19 pandemic has led to a ￿0W1￿ of progress on this project. Neverlhel8ss. we have been al￿e to finaise a design for the hostel that wil prowde 16118 beds in a mixture of four bgd and throe bedded rooms. all of wll have their own toilet and bathroom. There will be a resident's lounge. kitchen. off￿e space for the centre warden and a drwr¥J room. of this (an be achieved within the current strEII of the building so there w￿11 be no changes to the church's external appearance. We held a meeting in Augusl lo present these proposals to the village. The meeting was held in the church building and attended by 36 local residents. The proposals were presented and discussed al length by the meeting and many questions were answered. The plans are now rea(ty to be submitted lo the Yorkshire Dales National Park Authority for planning approval. The ownership of the church has now passed from the local parish to ￿ Dictese of Leeds and they have carried wl some minirnal works to the buikling tfvthich should prevent further decay. We conlinue to work on a business.plan vthich is rK)w almost complete. This demonstrates Ihat Ihe hostel will be a viable be a viable business that will eventualty generate small surrAuses that wll te gifted to the Hudswell Community Charity. This business plan will form the basis of bids for capital fijnding to convert the ￿lIdIng once planning consent has been achieved. As we ex ￿ained last year the ownership and managernent of this project is vested in a separate not for profil company, called Hudswell Hostd @St Michaels. This is legal separate from. but wholly owned by Hudswell Communty Charty. . Merger with the Hudswell SChf￿5 Charity During the year the trustees wefe approached by the tnJstee5 of the HLwJswdl Schods Charity who wanted us to consider taking on the work of this Charity. Working with the Chartty Commission it was agreed to dose the Sclvjols Charity and merge ils wc¥k wth that of Hudswell C(mmuntty Charity. The remaining funds from the Schwls Chanty - around £8.000 w￿￿ transferred to Hudswell Community Charity and we have established a new Education. Fund from which we wÈll fund educath)n grant to w)ung people in the villag8. Following publicty atN)ut this we have had three applications to the fund - all of which were agreed and we expect to recave man¥ more. We have agreed to dedicate some of the income that we receive from rent lo the Educats"on Funds so that ￿￿ can ensure that tts funds lo not become depleted. Grant Aid Other than the Education Grants. we have not gNen any grant aid thi% year and the Iruslees have agreed lo put4icise the availability grant aKI from Ihe Charity lo supporl any project in the village vthich meets the fcAlowiThJ criteria. the grant wll either: 1. Promote srKJrt, recreational activities, or play 2. Promote health or the relief of sickness or dBability 3. Promote education or training 4. Promote wellbeing. We hope that this wll stimulate interest in womoting new cunmunity actmlies in the wlage as we emerge from the COVKI 19 pandemic.

Hudswell Community Charity Trustees. Annual Report Year ended 31 October 2021 Financial review It 15 the goal of Ihe Charty lo maintain unrestricted funds at a level that equates to approximately 3 months unrestricted expenditure. This would rKovbJe sufficient ftjnds to c(wer management. Iministralion and supwt Costs in adverse coThJitM)ns. The trustees, annual rewrt was approved on 22 D￿ember 2021 a￿1 suned on behalf of the board of tnjstees by. Mr M T Booth Trustee

Hudswell Community Charity Independent Exathinerfs Report to the Trustees of Hudswell Ccmimunlty Charity Year onded 31 October 2021 I report to the trustees fm my examination of the financral statements of Hudswell C[￿M￿lty Charity {'the chaTiWI for the year ended 31 October 2021. Responsibilities and basls of report As the trust8es of the charity are responsible for the preparation of the financial statsments in cordance with the requirements of the Charities Act 2011 {the ACV). I report in respect of my examination of the chariws financial statements ￿￿led out under section 145 of the 2011 Act and in carrwng out my examination I have fdlowed all the applicable Directions given by the Charity Commission under 145(5)Ib) of the ACL Independent examinerfs ststement I have completed my examination. I cx)nfirm that no material matters fAve come to my attentson in connection wth the examinatton giving me cause to believe that in any material respect". ac(x)unting records were rnt kept in re5pecl of the charity a5 required by section 130 of the Act.. or the financial statements do not accord those records.. or the finanaal statements do not c￿PIY with the ap￿ICable requirements ¢(￿Ce￿Ing the fom and content of acctyjnts set out in Ihe charib.es {Accounts and Reports) Regulats"on5 2008 other than any requirement that the accounts give a 'ttue and fai< view which is not a matter considered as part of an independent examinati￿. I have no concems and have come across no other matters in connection with the examin8tion to which attention should be drawn in this report in iyder lo en8￿e a proper understanding of the accounts to be reached. MrRICriso Independent Examiner Unil 1, Borough House Business Centre. 5 Borough Road. RichM￿d, North Yorkshire DL10 4SX 22 December 2021

Hudswell Community Charity Statemont of Financial Activities Year ended 31 October 2021 2021 Unrestricted funds Total funds Total funds 2020 Income and endowments Donations and legacies Charitable activities Inveslmenl income 9,006 2.918 33,952 45.876 .2,918 33.952 2,727 36.444 Total incomè 45,876 39.171 Expenditure Expenditure on charita￿e activibes Total expenditure 26,465 17,478 26.465 17,478 Net income 19.411 19.411 21,693 Other recognised gains and losses Fair value movements 2.999 Net movemenl in funds 22.410 22.410 21,693 Rocoficiliation of funds Total funds brought forward Total funds carrieil forward 445,032 467,442 445.032 423,339 467.442 445,032 The stslement of financial actiwties iThs￿leS all gains and losses recognised in the year. All income and expenditure derive from continuing actsvibes. Thg notes on paws 7 to 15 fornj part of th•s• financial stat•m•nts.

Hudswell Community Charity statement of Financial Position 31 October 2021 2021 2020 Nots Fixed assets Tangible fixed assets Investments 13 14 619,870 27.999 631,674 647.869 631.674 Current assets Debtors Cash al bank and in ha 15 766 48.690 207 59,052 49,4 59.259 Creditors: amounts falllng due wllhln one year Nèt curront assets 16 7.925 16.080 41,531 43.179 674.853 Total assets less currant liabiliti95 689,4tK) Crgditors: arnounts falling due after more than one year Net assets 17 221,958 229,821 467,442 445.032 Funds of the charity Unrestricted funds 467.442 467.442 445,032 Total charity funds 18 445,032 These financial slalemenls V￿re approved by the board of trustees and authorised for issue on 22 December 2021. and are s¥Jned on behalf of the board ty. Mrm Trustee Booth The not¢$ on pag95 7 to 15 form part of th•sè financial stat•m9nts.

Hudswell Community Charity Notes to the Financial Statements Year ended 31 October 2021 General infonnation The charity is a public benefit entity a registered thiity in England aThJ Wales and is unincorporated. The address of the prir￿1Pal office is Sheep Dip Cottage, Hudswell. Richmond. North Ycxkshire. DL116BQ. Statement of compliance These financial StsI￿ents have ￿en prepared in COm￿lance with FRS 102, 'The FinancLql Reporting Standard ap￿￿l¢atAe In the UK and the ReputAic of Ireland,, the Statement of Recommended Practice applicable lo charities preparing Iheir accounts in. accordance with the Financial Reporting Standard aprA1Ca￿e in the UK and RepULl￿ of Ireland IFRS 1021 (Charrties SORP IFRS 102)) and the Charities Act 2011. counting pollcies Ba$ls of preparation The financial statements have been prepared on the historical ¢￿t basis, as modffied by the revaluation of cettain financ￿1 assets aThJ liabilities and inNEStment prcve￿eS measured at fair value through income ￿ expenditu￿. The financial statements are prepared in $teding. ￿1¢h is the functional currency of the entity. Going ¢onGe There are no material uncertainlies the charitys abilty to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounls reported. These esbmales and judgements are continually reviewed and are based on experience and other factors, induding expectations of future events thal are believed to be reasonable under the urcumstances. d judgements are continually rewewed and are based on exwience and other factors, induding expectations of future event5 that are believed lo bg r￿sonab￿ under Ihe circumstances. Fund accounting unrestn.cted funds are aVala￿e for use at the discretion of the trustees to futher any of the charivs purposes. Designated funds are unrestricted funds eamiarked by Ihe Irustees for partiCU￿r future projo¢t or commibmenl. Restricted funds are subjected to resbictions on their expenditure declared by the donor or through the lerms of an appeal. and fall into one of sutpdasses: restricted inc￿le funds or endowment funds.

Hudswell Cornmunity Charity Notes to the Financial Statements (C￿￿￿￿6 Year ended 31 October 2021 A¢￿￿nting policies (conlln Incoming resource5 lsjl incoming resources are Ind￿led in the statement of finantia aetivibes when entitlement has passed to the charity.. it is probable that the ecortomic benefits associated with the transaction will flow to the charity and the amount can be reliably measured The fdSowng spe(afic policies are appld to particular categories of income.. income Imm donations or grants i% recconised there is evTdenct of enttuement to the grft. receipt Is probable and its amount can be measured rdiabty. legacy income is recryJnised when feceipt is tKDbable arml entiuement ia established. income from donated 9￿dS is measured al the fair value of the gorKls unless this is impractical to measure rel￿trAy. in whth case the value is deriv￿1 from the cost to the donor or the estlmated resJe valu& Donated facilttie5 and services are recognised in the accounts when re¢￿Ved rf the value be reliab￿ measurert. No amcAJnts are included for the contribut1￿ of general volunteers. income fro￿ Contracts for the supply of Ser￿￿$ is recognised wtih the delivery of the contracte¢J service. This i% dassified as unresthded funds unless there is a contractual requirement for il to be spenl on a partw)Jlar purpose aThJ ￿lumed if unspent, in which case il may be regarded as rest￿led. Resources expended Expenditure is reccgnised on an &cruals basis as a liability 15 incurred. Expendtture includes any VAT which cannot be fully recovered, and is cjassified under head1r￿ of the stalemenl Df financial activtbes to ￿lch it rdates" eX￿n￿lture on raisirKJ funds indudes the costs of all fvndraisiNJ acti'vrtw. events. non charitsble trading activities, aThJ the sale of donated goods. 8xpenditsJre on Charital￿e ¥liwties indLNles all costs incurred by a charity in undertaking activrties that further its charitthe aims for the benefit of tts beneficiarie5, including those support costs and costs rdating to the govemance of the charity apportioned to charitable activities. other expendtiure indudes all expendi￿re that is neither related to raising funds for the charity nor part ol its eX￿ndItuTe on chaiitable activities. I wsts are alkN2ted to expenditure catewies refleckn.ng use of the resource. Direct costs attributable to a single activity are alk)cated dir￿llY to thal activrty. Shared costs are apportioned be￿￿en the actiwties they contribute to on a reasonable. jUsti￿bIe and consistenl ba8As. Tangiblo assets Tangible assets are initi.ally recorded at cosL and subsequenuy stated at cost less any accumulated depreciation and impairmerbt 105ses. kny tangible assets carried at revalued amounts a￿ recorded at the fair value al the de of revaluab.on less any subsequent accum￿ated depreciation and subsequent accumulated impairment losses.

Hudswell Community Charity Notes to the Financial Statements (wnthiu•dJ Year ended 31 October 2021 Ac¢ounllng policies (¢onvnt￿dj Tangible assets An increase in the carying amount of an asset as a result of a rev￿UatIon, is recognised in other recrynised gains and losses, unless ti reverses a charge for impairment that has previously been reeognised as expenditure wilhin the statement of financial activitres. A decrease in the c2rrying amount of an asset as a re5uII of revaluatiw. is rec(KJnised in other recognised gains and losse5, except to which it offsets any prevK)us revaluation gain. in which case the k)ss is shown within other rec(yJnised gains and losses on the statement of financia activities. Depreciation Depreciation ts calculaled so as lo vrrite off the cost or valuath)n of an asset. less its residual value. over the useful economic lrfe of thal asset a5 folkxvs: Freehold property t4ant an(J machinery 5% straight line 10% straight line Inv8Stments Unlisted equity investments are initialy recorded 8t cost. and subsequenuy measured al fair value. If fair value cannot be reliatly measured. assets are measured at cost less impaim)enL Listed investsments are measured at fair walue v4ith changes in fair value being r￿ogniSed in income or expenditure. Investments in assoclates Investments in associates accounted for in xoydance ￿th cost M￿e1 are reeAxded at cost less any accumulaled impairment losses. Investments in associates accounted for in aC￿rdance vAlh the fair value m(￿le1 are initially recorded at the transaction price. At each reporting date, the inveslments are measured at fair value, with changes in fair vJue taken through income or expenditure. Where it is impractica￿8 to measure fair value rellat￿Y wilhout undue cost or effort. the cost model will be adopted. Dividends and olhei disiributions re￿IVed from Ihe investrnent are recognised as income wtthout re9ard to whether the distributions are from accumulated profrts of the associate arising before or after the dale of acquisition. Investrnents in lolnt ventures Investments in jiiintly contrdled entilies accounted ts in accordan(% the cost model are recorded al cost less any ac¢umdated impaimlent losses. Investments in i(xntly cmlrdled entities a￿oUnted for in accordance the fair value model are initialy rec(xded at the transaction price. At each rewbng date, investments are measured at fair value, with thanges in fair value taken thrixtyh income or expenditure. Where it is impracticable to measure fair value reliably wthout undue cost or eff(*t. the cost mrylel wll be adopted.

Hudswell Community Charity Notes to the Financial Statements Year ended 31 October 2021 Accounting policies (coftwnwdj Investments in joinl ventures (¢ontsn Diwdends and other distriEKJlw6 rece￿1 frc4n the invesknenl are recognised as income wilho regard to whether the distributions are from accumuLqted piofits of the joint venture arising before or after the date of acquisi￿n. Impairment of fixed assels A review for indicators of impairment is carrEd out at each reportiw dale, with Ihe recoverable amount being estimated where such indicators exist. Where the carrwng value exceeds the recoverable amount. the asset is impaired accordingly. Prior impaimients are also remewed for possitle reversal at each reporting date. For the purKX)$es of impaimient testiTh3. when it is not pJssiLle to estimate the recoveraNe am￿nI of an indiwdual asset, an estimate is made of the recoverable .aM￿nt of the cash- generating unit to which the asset bdongs. The rash-generabng unit is the smallest identifiable group of assets that includes the assel and generates cash infiows that largely independent of th& cash inflows fr(￿ other assets or grcwps of assets. For impaimient lests.ng of g)QKlvAII, the g0cmy￿11 acquired in a business combination is, from the acquisition dale, allocated lo each of the caslpgenerating unrls that are expected to benefrt from the synergies of the combination. irrespective of whether other assels or liabilities of the charity are assigned to those unils. Financial Instruriients A financial asset or a financial liabilty is recc*Jnised only when the charity becomes a paty lo the contractual provisi¢￿S of the irtstwmenL Basic financi81 instruments are intliaty rwnised at the amount receivable ¢x payable induding any related transacli￿ costs. Current assets and current liabilities are subsequendy measured at the cash or other onsideration expectad to be paid or receiv￿￿ and not discounled. Debt instnjments are 5ub5equenty rneasur8d at amortised cosL Wher8 investments in shares are putAidy traded or theÉr fair Val￿ can otherwse be measured reliably, the investment 1$ sub$equenlly measured at fair value wtth th8nges in fair value recognised in income and 0X￿ndIture. All other such investments are subsequently measured at cost less impaiment. Other financial iostruments, Ind￿Jing derivatives, are initially rec(KJnised at fair V￿Ue, unless payment for an asset is deferred besr)nd nomal busines$ tem)s or financed at a rate of Inte￿$t that is not a market rate. in which case the asset is measured at the present value of the future payments discwnted at a market rate of interest for a wmilar debt ir6trumenl. Other finanual instruments are subsequenly measured at fair value, with any changes recognised in the 9talefnent of finanual acts¥ib'e5. Imth the excepb.on of hedging instnjments in designated hedging relationship. 10

Hudswell Community Charity Notes to the Financial Statements (cothinu8dJ Year ended 31 October 2021 Accounting polirAes (ctylUnt￿dj Financial instruments (eonttnwd) FInar￿la1 assets that are measurèd at Cost or amortised c05t are revieEd for objective evklence of impaimient at the end of each reporting date. If there is objeclive evidence of impaiment, an impairment loss is recognised under the appropriate heading in the slatement of financial actNilies in which the inilial gain was recA)gnised. For al equity instruments regaroless of significance. and other financial assets that are individualty significant. these are assessed indiwdually for impairment Other financial assets are either assess￿ indmdualty or grouped on the basis of simi￿r credrt risk characteristiGS. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrwng amount of the financial asset that exceeds that the Carr￿ng aMi￿nt woL￿d have been had the impaim)ent not previously been recognised. Donations and legacigs Unrestricted Total Funds Unrestrided Total Funds Funds 2021 Funijs 2020 Donations Donations 9.oc Charitable actlvltles Unrestricted Total Funds Unrestricted Totsl Funds Funds 2021 Funds 2020 Renewable energy other income from charttstde activities 2,688 230 2,727 2,727 230 2.918 2.918 2.727 2,727 Investmgnt income unresi￿￿j Total Fund5 Unresthded Total Funds Funds 2021 Funds 2020 Renl and utilities contribution received Bank interest receivable 33.￿1 51 33.901 51 35,247 1.197 35,247 1.197 36.444 33,952 33.952 Expenditur¢ on charitable activities by fund type Unrestricted Total Funds Unrestrict&J Total Funds Funds 2021 Funds 2020 Charits￿e activity 26.465 26.465 17.478 17.478 11

Hudswell Community Charity Notes to the Financial Statements (wthinu•dJ Year ended 31 October 2021 Expenditurg on Gharitable activities by activity type Actr¥ilies undertaken Total funds direcdy 2021 Total fund 2020 Charitable activity 26.465 26.465 17.478 Net income Nel income is stsled after chargirul{credibng): 2021 2020 Depreciat￿ of tangible fixed assets 11.804 10. Independent exarnlnatlon fees 2021 2020 Fees payable lo the independent examiner for. Independent examination of the financial statements 360 360 11. Staff costs The tot81 staff CAxts and emFloyee benefits for the rwrbng perKJd are analysed as follows: 2021 2020 The average heay cwnt of emtAoypes during the sear was Nl (2020". Nll ). No em￿oyee received employee benefits of more than £60.(KKI during the yEar12020: Nill. 12. Trustee Temuneralion and expenses No rernuneralion or other benefiis from emplownent wilh Ihe charity or a rdated entity were received by the trustees. 12

Hudswell Community Charity Notes to the Financial Statements Year ended 31 October 2021 13. Tangible flxed assets Frethjd Plant and property machin8ry Total Cost At 1 November 2020 and 31 Octobgr 2021 636,521 8,695 645,216 Depreciation Al 1 Wember 2020 Charge for the year At 31 Odober 2021 10,935 10,935 21,870 2,607 869 13,542 11,804 3,476 25,346 Carrylng amount Al 31 October 2021 614,651 5.219 619,870 At 31 octo1￿r 2020 625,586 6,088 631,674 14 Investments Othgr investments Cost or valuation Al 1 NOveM￿r 2020 Additions Fair value movements 25.000 2.999 At 31 October 2021 27.999 Impairn)ent At 1 November 2020 and 31 October 2021 Carrying amount At 31 October 2021 27,999 At 31 October 2020 Al investments sknm above are hdd al valuakn"on. 15. Demors 2021 2020 Prepawnenls and accrued income 766 207 13

Hudswell Community Charity Notes to the FinaDcial Statements (cothuq Year ended 31 October 2021 16. Creditors: amounts falling due within one year 2021 2020 Bank loans and overdrafts Accruals and deferred income Other creditC¥5 7.000 925 6,055 910 9.115 7,925 16,080 17. Credit¢)rs: amounts falllng due"after more than one year 2021 2020 Bank loans and ￿lerd[afts 221.958 229.821 18. Analysis of charitsble funds Unregtri¢ted funds Al Gains and 31 October 2 losses 021 1 Novernber 2 020 Income E￿ndItuTe General furKJs Fair value reserve 445.032 45.876 (26,4651 464.443 2,999 445.032 45.876 (26.4651 467,442 At Gains and31 October 20 losses 1 Novernber2 019 Income Exp8nditu General funds Fair value reserve 423,339 39,171 (f7.4781 445.032 423.339 39.171 (17.4781 445.032 14

Hudswell Community Charity Notes to the Financial Statements (rontinu Year ended 31 October 2021 19. Analysls of net assets between funds Unre5tri¢ted Total Funds Funds 2021 Tangitle fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 647.869 647,869 49.456 49,456 {7,925) 17,9251 (221.958) {221,958} 467,442 467,442 Unrestricted Total Funds Funds 2020 Tangit4e fixed aspts Current assets Creditors less than 1 year Creditors g￿ter than 1 year Net assets 631.674 631,674 59,259 59,259 116,0801 116,080) (229,821) (229,8211 445,032 445,032 15

Hudswell Community Charity Management Inforniation Year ended 31 October 2021 The following pages do not fomi part of the financial statements. 16

Hudswell Community Charity Detailéd Statement of Financial Activities Year ended 31 October 2021 2021 2020 Income and endowments Donations and legacies Donations 9.006 Charltable activities RenewatAe energy Olher income from charitable acttvities 2.688 230 2.727 2,918 2,727 Investment income Rent and utilities contribution re￿Ived Bank interest rewvable 33.9)1 51 35,247 1,197 36,444 33,952 Total incorne 45,876 39,171 Expenditure Expenditure on ¢harltable activili¢s Repairs and maintenan InsLJrance Acwuntancy Depreciation Mortgage interest and bank charyes SLJndry expenses Donations 1.814 806 459 11.804 9.623 4,082 589 860 869 10,554 204 320 .1.950 26,465 17.478 Total expendilu 26.465 17,4T8 Net income 19,411 21,693 17

Hudswell Community Charity Notès to the Detabled Statement of Financial Activities Year ended 31 October 2021 2021 2020 Expenditure on charltable artivities Activity type 1 Actlvltles undertaken dlrectly Repairs & maintenan Insurance Accounlancy Depreciation Mortgage inlerest and bank charge5 Sundry expenses Donations 1.814 806 459 11,804 9.623 4,D82 589 869 10.5S4 204 320 1,950 26,465 17,478 Expenditurg on charitable activities 26.465 17,478 18

CHARITY REGISTRATION NUMBER: 1161514 Hudswell Community Charity Unaudited Financial Statements 31 October 2021 IAN CRI OP ACCOUNTANC Chartered accountants Unit 1, Borough House Business Centre. 5 Borough Road. Richmond. North Yorkshire DL10 4SX

Hudswell Community Charity Financial Statements Year ended 31 October 2021 Pagè Trustees. annual report Independent examinerfs report to the trustees ststement of financial actiifjties Statement of financial position Notes to the financial statements The following pages do not forni part of the financial slatements Detailed statement of financial activities 17 Notes to the detailed statement of financial activities 18

Hudswell Community Charity Truslees. Annual Report Year ended 31 October 2021 The trustees present Iheir report a￿1 the unaudited financial statements of the charity for the year ended 31 October 2021. Reference and administrdtive detsils Registered charity name H￿j$W￿l Communty Charity Chafity registration mimb¢r 1161514 Prlncipal office Sheep Dip Cottage Hudswell RichrnoThJ North Yorkshire DL116BQ The trustoes Rev M Fletcher Mr P Chapman MrMTBooth Ms J A Sumner Mrss Sadler Mrs S C Fem•Williams Mr I Whinray Independent examin Mr R I Crisop Untl 1. Borough House Business Centre. 5 Borough Road. Richmond. North Yorkshire DL104SX Structure. govemance and management The Charity is govemed by a board of trustees meet on a regular basis and is constituted under the Charities. Act 2011. Oblectlves and aetlvltles Charitatle objects The prevenb.on or ￿lef of p)verty and the rdief of sickness in Hudswell and the surrounding areas. Activities Hudswell Community ¢harity fuifiis its objectNes through providing housing for those are in need, providing granls lo young people tn higher education and ￿1th the maintenance, improvement or provision ol public amenities.

Hudswell Community Charity Trustees. Annual Report I￿111￿1￿d} Year ended 31 October 2021 Achievements and perfomianGg Housing Throughout the last year all six of our prokwties have been fulty to local families and individuals. There has been a one vacancy cased by the death of one of our residents. There was considera￿¢ interest in this vacancy, including some from some awAicants VAV) had strong local Ix)nnections and goo1 reason to want to live in Hudswdl, dKJ nol qualrfy as they owned their own homes and were not. therefore, in housing need. Thi5 led to the trustees considering whether we should look to build some more properlies.that w(MJld be available on a shared equty basis. This is a question that we w15 address over the next 12 months. We were. however, quicky a￿e lo fill the vacancy with 2 f8mdy who were in housing need who fvlly met Dur criteria. For the past year, Iherefore, our aim of haviTh3 Six untts to let lo local residents with a strong Iccal c￿ne￿￿"0n has continued to be mel Si Micheal and All Angels Church The lockdown caused by the Covid 19 pandemic has led to a ￿0W1￿ of progress on this project. Neverlhel8ss. we have been al￿e to finaise a design for the hostel that wil prowde 16118 beds in a mixture of four bgd and throe bedded rooms. all of wll have their own toilet and bathroom. There will be a resident's lounge. kitchen. off￿e space for the centre warden and a drwr¥J room. of this (an be achieved within the current strEII of the building so there w￿11 be no changes to the church's external appearance. We held a meeting in Augusl lo present these proposals to the village. The meeting was held in the church building and attended by 36 local residents. The proposals were presented and discussed al length by the meeting and many questions were answered. The plans are now rea(ty to be submitted lo the Yorkshire Dales National Park Authority for planning approval. The ownership of the church has now passed from the local parish to ￿ Dictese of Leeds and they have carried wl some minirnal works to the buikling tfvthich should prevent further decay. We conlinue to work on a business.plan vthich is rK)w almost complete. This demonstrates Ihat Ihe hostel will be a viable be a viable business that will eventualty generate small surrAuses that wll te gifted to the Hudswell Community Charity. This business plan will form the basis of bids for capital fijnding to convert the ￿lIdIng once planning consent has been achieved. As we ex ￿ained last year the ownership and managernent of this project is vested in a separate not for profil company, called Hudswell Hostd @St Michaels. This is legal separate from. but wholly owned by Hudswell Communty Charty. . Merger with the Hudswell SChf￿5 Charity During the year the trustees wefe approached by the tnJstee5 of the HLwJswdl Schods Charity who wanted us to consider taking on the work of this Charity. Working with the Chartty Commission it was agreed to dose the Sclvjols Charity and merge ils wc¥k wth that of Hudswell C(mmuntty Charity. The remaining funds from the Schwls Chanty - around £8.000 w￿￿ transferred to Hudswell Community Charity and we have established a new Education. Fund from which we wÈll fund educath)n grant to w)ung people in the villag8. Following publicty atN)ut this we have had three applications to the fund - all of which were agreed and we expect to recave man¥ more. We have agreed to dedicate some of the income that we receive from rent lo the Educats"on Funds so that ￿￿ can ensure that tts funds lo not become depleted. Grant Aid Other than the Education Grants. we have not gNen any grant aid thi% year and the Iruslees have agreed lo put4icise the availability grant aKI from Ihe Charity lo supporl any project in the village vthich meets the fcAlowiThJ criteria. the grant wll either: 1. Promote srKJrt, recreational activities, or play 2. Promote health or the relief of sickness or dBability 3. Promote education or training 4. Promote wellbeing. We hope that this wll stimulate interest in womoting new cunmunity actmlies in the wlage as we emerge from the COVKI 19 pandemic.

Hudswell Community Charity Trustees. Annual Report Year ended 31 October 2021 Financial review It 15 the goal of Ihe Charty lo maintain unrestricted funds at a level that equates to approximately 3 months unrestricted expenditure. This would rKovbJe sufficient ftjnds to c(wer management. Iministralion and supwt Costs in adverse coThJitM)ns. The trustees, annual rewrt was approved on 22 D￿ember 2021 a￿1 suned on behalf of the board of tnjstees by. Mr M T Booth Trustee

Hudswell Community Charity Independent Exathinerfs Report to the Trustees of Hudswell Ccmimunlty Charity Year onded 31 October 2021 I report to the trustees fm my examination of the financral statements of Hudswell C[￿M￿lty Charity {'the chaTiWI for the year ended 31 October 2021. Responsibilities and basls of report As the trust8es of the charity are responsible for the preparation of the financial statsments in cordance with the requirements of the Charities Act 2011 {the ACV). I report in respect of my examination of the chariws financial statements ￿￿led out under section 145 of the 2011 Act and in carrwng out my examination I have fdlowed all the applicable Directions given by the Charity Commission under 145(5)Ib) of the ACL Independent examinerfs ststement I have completed my examination. I cx)nfirm that no material matters fAve come to my attentson in connection wth the examinatton giving me cause to believe that in any material respect". ac(x)unting records were rnt kept in re5pecl of the charity a5 required by section 130 of the Act.. or the financial statements do not accord those records.. or the finanaal statements do not c￿PIY with the ap￿ICable requirements ¢(￿Ce￿Ing the fom and content of acctyjnts set out in Ihe charib.es {Accounts and Reports) Regulats"on5 2008 other than any requirement that the accounts give a 'ttue and fai< view which is not a matter considered as part of an independent examinati￿. I have no concems and have come across no other matters in connection with the examin8tion to which attention should be drawn in this report in iyder lo en8￿e a proper understanding of the accounts to be reached. MrRICriso Independent Examiner Unil 1, Borough House Business Centre. 5 Borough Road. RichM￿d, North Yorkshire DL10 4SX 22 December 2021

Hudswell Community Charity Statemont of Financial Activities Year ended 31 October 2021 2021 Unrestricted funds Total funds Total funds 2020 Income and endowments Donations and legacies Charitable activities Inveslmenl income 9,006 2.918 33,952 45.876 .2,918 33.952 2,727 36.444 Total incomè 45,876 39.171 Expenditure Expenditure on charita￿e activibes Total expenditure 26,465 17,478 26.465 17,478 Net income 19.411 19.411 21,693 Other recognised gains and losses Fair value movements 2.999 Net movemenl in funds 22.410 22.410 21,693 Rocoficiliation of funds Total funds brought forward Total funds carrieil forward 445,032 467,442 445.032 423,339 467.442 445,032 The stslement of financial actiwties iThs￿leS all gains and losses recognised in the year. All income and expenditure derive from continuing actsvibes. Thg notes on paws 7 to 15 fornj part of th•s• financial stat•m•nts.

Hudswell Community Charity statement of Financial Position 31 October 2021 2021 2020 Nots Fixed assets Tangible fixed assets Investments 13 14 619,870 27.999 631,674 647.869 631.674 Current assets Debtors Cash al bank and in ha 15 766 48.690 207 59,052 49,4 59.259 Creditors: amounts falllng due wllhln one year Nèt curront assets 16 7.925 16.080 41,531 43.179 674.853 Total assets less currant liabiliti95 689,4tK) Crgditors: arnounts falling due after more than one year Net assets 17 221,958 229,821 467,442 445.032 Funds of the charity Unrestricted funds 467.442 467.442 445,032 Total charity funds 18 445,032 These financial slalemenls V￿re approved by the board of trustees and authorised for issue on 22 December 2021. and are s¥Jned on behalf of the board ty. Mrm Trustee Booth The not¢$ on pag95 7 to 15 form part of th•sè financial stat•m9nts.

Hudswell Community Charity Notes to the Financial Statements Year ended 31 October 2021 General infonnation The charity is a public benefit entity a registered thiity in England aThJ Wales and is unincorporated. The address of the prir￿1Pal office is Sheep Dip Cottage, Hudswell. Richmond. North Ycxkshire. DL116BQ. Statement of compliance These financial StsI￿ents have ￿en prepared in COm￿lance with FRS 102, 'The FinancLql Reporting Standard ap￿￿l¢atAe In the UK and the ReputAic of Ireland,, the Statement of Recommended Practice applicable lo charities preparing Iheir accounts in. accordance with the Financial Reporting Standard aprA1Ca￿e in the UK and RepULl￿ of Ireland IFRS 1021 (Charrties SORP IFRS 102)) and the Charities Act 2011. counting pollcies Ba$ls of preparation The financial statements have been prepared on the historical ¢￿t basis, as modffied by the revaluation of cettain financ￿1 assets aThJ liabilities and inNEStment prcve￿eS measured at fair value through income ￿ expenditu￿. The financial statements are prepared in $teding. ￿1¢h is the functional currency of the entity. Going ¢onGe There are no material uncertainlies the charitys abilty to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounls reported. These esbmales and judgements are continually reviewed and are based on experience and other factors, induding expectations of future events thal are believed to be reasonable under the urcumstances. d judgements are continually rewewed and are based on exwience and other factors, induding expectations of future event5 that are believed lo bg r￿sonab￿ under Ihe circumstances. Fund accounting unrestn.cted funds are aVala￿e for use at the discretion of the trustees to futher any of the charivs purposes. Designated funds are unrestricted funds eamiarked by Ihe Irustees for partiCU￿r future projo¢t or commibmenl. Restricted funds are subjected to resbictions on their expenditure declared by the donor or through the lerms of an appeal. and fall into one of sutpdasses: restricted inc￿le funds or endowment funds.

Hudswell Cornmunity Charity Notes to the Financial Statements (C￿￿￿￿6 Year ended 31 October 2021 A¢￿￿nting policies (conlln Incoming resource5 lsjl incoming resources are Ind￿led in the statement of finantia aetivibes when entitlement has passed to the charity.. it is probable that the ecortomic benefits associated with the transaction will flow to the charity and the amount can be reliably measured The fdSowng spe(afic policies are appld to particular categories of income.. income Imm donations or grants i% recconised there is evTdenct of enttuement to the grft. receipt Is probable and its amount can be measured rdiabty. legacy income is recryJnised when feceipt is tKDbable arml entiuement ia established. income from donated 9￿dS is measured al the fair value of the gorKls unless this is impractical to measure rel￿trAy. in whth case the value is deriv￿1 from the cost to the donor or the estlmated resJe valu& Donated facilttie5 and services are recognised in the accounts when re¢￿Ved rf the value be reliab￿ measurert. No amcAJnts are included for the contribut1￿ of general volunteers. income fro￿ Contracts for the supply of Ser￿￿$ is recognised wtih the delivery of the contracte¢J service. This i% dassified as unresthded funds unless there is a contractual requirement for il to be spenl on a partw)Jlar purpose aThJ ￿lumed if unspent, in which case il may be regarded as rest￿led. Resources expended Expenditure is reccgnised on an &cruals basis as a liability 15 incurred. Expendtture includes any VAT which cannot be fully recovered, and is cjassified under head1r￿ of the stalemenl Df financial activtbes to ￿lch it rdates" eX￿n￿lture on raisirKJ funds indudes the costs of all fvndraisiNJ acti'vrtw. events. non charitsble trading activities, aThJ the sale of donated goods. 8xpenditsJre on Charital￿e ¥liwties indLNles all costs incurred by a charity in undertaking activrties that further its charitthe aims for the benefit of tts beneficiarie5, including those support costs and costs rdating to the govemance of the charity apportioned to charitable activities. other expendtiure indudes all expendi￿re that is neither related to raising funds for the charity nor part ol its eX￿ndItuTe on chaiitable activities. I wsts are alkN2ted to expenditure catewies refleckn.ng use of the resource. Direct costs attributable to a single activity are alk)cated dir￿llY to thal activrty. Shared costs are apportioned be￿￿en the actiwties they contribute to on a reasonable. jUsti￿bIe and consistenl ba8As. Tangiblo assets Tangible assets are initi.ally recorded at cosL and subsequenuy stated at cost less any accumulated depreciation and impairmerbt 105ses. kny tangible assets carried at revalued amounts a￿ recorded at the fair value al the de of revaluab.on less any subsequent accum￿ated depreciation and subsequent accumulated impairment losses.

Hudswell Community Charity Notes to the Financial Statements (wnthiu•dJ Year ended 31 October 2021 Ac¢ounllng policies (¢onvnt￿dj Tangible assets An increase in the carying amount of an asset as a result of a rev￿UatIon, is recognised in other recrynised gains and losses, unless ti reverses a charge for impairment that has previously been reeognised as expenditure wilhin the statement of financial activitres. A decrease in the c2rrying amount of an asset as a re5uII of revaluatiw. is rec(KJnised in other recognised gains and losse5, except to which it offsets any prevK)us revaluation gain. in which case the k)ss is shown within other rec(yJnised gains and losses on the statement of financia activities. Depreciation Depreciation ts calculaled so as lo vrrite off the cost or valuath)n of an asset. less its residual value. over the useful economic lrfe of thal asset a5 folkxvs: Freehold property t4ant an(J machinery 5% straight line 10% straight line Inv8Stments Unlisted equity investments are initialy recorded 8t cost. and subsequenuy measured al fair value. If fair value cannot be reliatly measured. assets are measured at cost less impaim)enL Listed investsments are measured at fair walue v4ith changes in fair value being r￿ogniSed in income or expenditure. Investments in assoclates Investments in associates accounted for in xoydance ￿th cost M￿e1 are reeAxded at cost less any accumulaled impairment losses. Investments in associates accounted for in aC￿rdance vAlh the fair value m(￿le1 are initially recorded at the transaction price. At each reporting date, the inveslments are measured at fair value, with changes in fair vJue taken through income or expenditure. Where it is impractica￿8 to measure fair value rellat￿Y wilhout undue cost or effort. the cost model will be adopted. Dividends and olhei disiributions re￿IVed from Ihe investrnent are recognised as income wtthout re9ard to whether the distributions are from accumulated profrts of the associate arising before or after the dale of acquisition. Investrnents in lolnt ventures Investments in jiiintly contrdled entilies accounted ts in accordan(% the cost model are recorded al cost less any ac¢umdated impaimlent losses. Investments in i(xntly cmlrdled entities a￿oUnted for in accordance the fair value model are initialy rec(xded at the transaction price. At each rewbng date, investments are measured at fair value, with thanges in fair value taken thrixtyh income or expenditure. Where it is impracticable to measure fair value reliably wthout undue cost or eff(*t. the cost mrylel wll be adopted.

Hudswell Community Charity Notes to the Financial Statements Year ended 31 October 2021 Accounting policies (coftwnwdj Investments in joinl ventures (¢ontsn Diwdends and other distriEKJlw6 rece￿1 frc4n the invesknenl are recognised as income wilho regard to whether the distributions are from accumuLqted piofits of the joint venture arising before or after the date of acquisi￿n. Impairment of fixed assels A review for indicators of impairment is carrEd out at each reportiw dale, with Ihe recoverable amount being estimated where such indicators exist. Where the carrwng value exceeds the recoverable amount. the asset is impaired accordingly. Prior impaimients are also remewed for possitle reversal at each reporting date. For the purKX)$es of impaimient testiTh3. when it is not pJssiLle to estimate the recoveraNe am￿nI of an indiwdual asset, an estimate is made of the recoverable .aM￿nt of the cash- generating unit to which the asset bdongs. The rash-generabng unit is the smallest identifiable group of assets that includes the assel and generates cash infiows that largely independent of th& cash inflows fr(￿ other assets or grcwps of assets. For impaimient lests.ng of g)QKlvAII, the g0cmy￿11 acquired in a business combination is, from the acquisition dale, allocated lo each of the caslpgenerating unrls that are expected to benefrt from the synergies of the combination. irrespective of whether other assels or liabilities of the charity are assigned to those unils. Financial Instruriients A financial asset or a financial liabilty is recc*Jnised only when the charity becomes a paty lo the contractual provisi¢￿S of the irtstwmenL Basic financi81 instruments are intliaty rwnised at the amount receivable ¢x payable induding any related transacli￿ costs. Current assets and current liabilities are subsequendy measured at the cash or other onsideration expectad to be paid or receiv￿￿ and not discounled. Debt instnjments are 5ub5equenty rneasur8d at amortised cosL Wher8 investments in shares are putAidy traded or theÉr fair Val￿ can otherwse be measured reliably, the investment 1$ sub$equenlly measured at fair value wtth th8nges in fair value recognised in income and 0X￿ndIture. All other such investments are subsequently measured at cost less impaiment. Other financial iostruments, Ind￿Jing derivatives, are initially rec(KJnised at fair V￿Ue, unless payment for an asset is deferred besr)nd nomal busines$ tem)s or financed at a rate of Inte￿$t that is not a market rate. in which case the asset is measured at the present value of the future payments discwnted at a market rate of interest for a wmilar debt ir6trumenl. Other finanual instruments are subsequenly measured at fair value, with any changes recognised in the 9talefnent of finanual acts¥ib'e5. Imth the excepb.on of hedging instnjments in designated hedging relationship. 10

Hudswell Community Charity Notes to the Financial Statements (cothinu8dJ Year ended 31 October 2021 Accounting polirAes (ctylUnt￿dj Financial instruments (eonttnwd) FInar￿la1 assets that are measurèd at Cost or amortised c05t are revieEd for objective evklence of impaimient at the end of each reporting date. If there is objeclive evidence of impaiment, an impairment loss is recognised under the appropriate heading in the slatement of financial actNilies in which the inilial gain was recA)gnised. For al equity instruments regaroless of significance. and other financial assets that are individualty significant. these are assessed indiwdually for impairment Other financial assets are either assess￿ indmdualty or grouped on the basis of simi￿r credrt risk characteristiGS. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrwng amount of the financial asset that exceeds that the Carr￿ng aMi￿nt woL￿d have been had the impaim)ent not previously been recognised. Donations and legacigs Unrestricted Total Funds Unrestrided Total Funds Funds 2021 Funijs 2020 Donations Donations 9.oc Charitable actlvltles Unrestricted Total Funds Unrestricted Totsl Funds Funds 2021 Funds 2020 Renewable energy other income from charttstde activities 2,688 230 2,727 2,727 230 2.918 2.918 2.727 2,727 Investmgnt income unresi￿￿j Total Fund5 Unresthded Total Funds Funds 2021 Funds 2020 Renl and utilities contribution received Bank interest receivable 33.￿1 51 33.901 51 35,247 1.197 35,247 1.197 36.444 33,952 33.952 Expenditur¢ on charitable activities by fund type Unrestricted Total Funds Unrestrict&J Total Funds Funds 2021 Funds 2020 Charits￿e activity 26.465 26.465 17.478 17.478 11

Hudswell Community Charity Notes to the Financial Statements (wthinu•dJ Year ended 31 October 2021 Expenditurg on Gharitable activities by activity type Actr¥ilies undertaken Total funds direcdy 2021 Total fund 2020 Charitable activity 26.465 26.465 17.478 Net income Nel income is stsled after chargirul{credibng): 2021 2020 Depreciat￿ of tangible fixed assets 11.804 10. Independent exarnlnatlon fees 2021 2020 Fees payable lo the independent examiner for. Independent examination of the financial statements 360 360 11. Staff costs The tot81 staff CAxts and emFloyee benefits for the rwrbng perKJd are analysed as follows: 2021 2020 The average heay cwnt of emtAoypes during the sear was Nl (2020". Nll ). No em￿oyee received employee benefits of more than £60.(KKI during the yEar12020: Nill. 12. Trustee Temuneralion and expenses No rernuneralion or other benefiis from emplownent wilh Ihe charity or a rdated entity were received by the trustees. 12

Hudswell Community Charity Notes to the Financial Statements Year ended 31 October 2021 13. Tangible flxed assets Frethjd Plant and property machin8ry Total Cost At 1 November 2020 and 31 Octobgr 2021 636,521 8,695 645,216 Depreciation Al 1 Wember 2020 Charge for the year At 31 Odober 2021 10,935 10,935 21,870 2,607 869 13,542 11,804 3,476 25,346 Carrylng amount Al 31 October 2021 614,651 5.219 619,870 At 31 octo1￿r 2020 625,586 6,088 631,674 14 Investments Othgr investments Cost or valuation Al 1 NOveM￿r 2020 Additions Fair value movements 25.000 2.999 At 31 October 2021 27.999 Impairn)ent At 1 November 2020 and 31 October 2021 Carrying amount At 31 October 2021 27,999 At 31 October 2020 Al investments sknm above are hdd al valuakn"on. 15. Demors 2021 2020 Prepawnenls and accrued income 766 207 13

Hudswell Community Charity Notes to the FinaDcial Statements (cothuq Year ended 31 October 2021 16. Creditors: amounts falling due within one year 2021 2020 Bank loans and overdrafts Accruals and deferred income Other creditC¥5 7.000 925 6,055 910 9.115 7,925 16,080 17. Credit¢)rs: amounts falllng due"after more than one year 2021 2020 Bank loans and ￿lerd[afts 221.958 229.821 18. Analysis of charitsble funds Unregtri¢ted funds Al Gains and 31 October 2 losses 021 1 Novernber 2 020 Income E￿ndItuTe General furKJs Fair value reserve 445.032 45.876 (26,4651 464.443 2,999 445.032 45.876 (26.4651 467,442 At Gains and31 October 20 losses 1 Novernber2 019 Income Exp8nditu General funds Fair value reserve 423,339 39,171 (f7.4781 445.032 423.339 39.171 (17.4781 445.032 14

Hudswell Community Charity Notes to the Financial Statements (rontinu Year ended 31 October 2021 19. Analysls of net assets between funds Unre5tri¢ted Total Funds Funds 2021 Tangitle fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 647.869 647,869 49.456 49,456 {7,925) 17,9251 (221.958) {221,958} 467,442 467,442 Unrestricted Total Funds Funds 2020 Tangit4e fixed aspts Current assets Creditors less than 1 year Creditors g￿ter than 1 year Net assets 631.674 631,674 59,259 59,259 116,0801 116,080) (229,821) (229,8211 445,032 445,032 15

Hudswell Community Charity Management Inforniation Year ended 31 October 2021 The following pages do not fomi part of the financial statements. 16

Hudswell Community Charity Detailéd Statement of Financial Activities Year ended 31 October 2021 2021 2020 Income and endowments Donations and legacies Donations 9.006 Charltable activities RenewatAe energy Olher income from charitable acttvities 2.688 230 2.727 2,918 2,727 Investment income Rent and utilities contribution re￿Ived Bank interest rewvable 33.9)1 51 35,247 1,197 36,444 33,952 Total incorne 45,876 39,171 Expenditure Expenditure on ¢harltable activili¢s Repairs and maintenan InsLJrance Acwuntancy Depreciation Mortgage interest and bank charyes SLJndry expenses Donations 1.814 806 459 11.804 9.623 4,082 589 860 869 10,554 204 320 .1.950 26,465 17.478 Total expendilu 26.465 17,4T8 Net income 19,411 21,693 17

Hudswell Community Charity Notès to the Detabled Statement of Financial Activities Year ended 31 October 2021 2021 2020 Expenditure on charltable artivities Activity type 1 Actlvltles undertaken dlrectly Repairs & maintenan Insurance Accounlancy Depreciation Mortgage inlerest and bank charge5 Sundry expenses Donations 1.814 806 459 11,804 9.623 4,D82 589 869 10.5S4 204 320 1,950 26,465 17,478 Expenditurg on charitable activities 26.465 17,478 18