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2022-04-05-accounts

Page
Trustees' annual
report
Independent
examiners
report io Ihe trustees
Statement offinancial acUvltiss
Statement olnnsndal posaion
Notes to Ihe anartdsl statements

Refemnce
Registered
Refemnce
Registered
and admfhietrstiye
chatity name
and admfhietrstiye
chatity name
details The Valerja sykes charitable The Valerja sykes charitable The Valerja sykes charitable Foundation clo I Ihe clo"I
Charity registration number 1186888
Principal office 23 Sheriff Lane
Bngley
West Yorkshire
BD163EN
The Trustees
Mrs VSykes
Mr R Sykes
Mr P Foskeh
Bankers HSBCiUK Bank pic
8 Cork Street
Laridan
WiS 3LJ
Legal Advisors Womble Band Dickinson (UKj LLP
1 Whgehalf
Riverside
Leeds
LS1 4BN
Investment Advisors Sarssln
&Partners
LLP
Juxon Ho~
100SLPaufs Churchyard
London
EC43 8BU
Independent examiner Alistalr Russell FOA
Gibson Booth Chartered Accountants
New Court
Abbey Road NoAh
Shepley
Hudderageld
HD8 8BJ

Year ended 6 April 2 082
2022 2021
Unrestricted
funds Total funds Total funds
Note 6 r. 2
Income and endowments
Investmsnt
Income
4 37,233 37,233 35,824
Total Inccine 37,233 37233 35,824
Expenditure
Expendgure
on charitable
activities 5,8 156,761 1S5,761 74,473
Total expenditure 155,761 155,761 74,473
Net expenditure (118,628) (118,628) (38,649)
Other recognised
gains
Unrecognlsed
gains end
and losses
losses on Investments
33,94e 33,949 205,299
Net movenisnt
ln furrds
(84,579) (84,679) 166,660
Reconcglagon
of funds
Total funds brought
forward
1,418,666 1,418,666 1,2S1,910
Total funds carried forward 1,333,987 1,333,987 1,418,566

2022 2021
Note 8
Fixed asseta
Investments 11 1,379,482 1,345,533
Current assets
Cash et bshk and
In hend
18,685 76,333
Creditors: amouhts falgng dus within one year 12 3,300
Net current
gabllltles
(45,495) 73,033
Total assets less current gabllltlss 1,333,987 1)418,586
Net assets 1,333,987 1,418,586
Funds ofthe charily
Unrestricted
funds
1,333,987 1,418,666
Total charity funds 13 1,333,987 1,418,668
These financial statemenls
on behalf ofthe board by:
were spp(ovsd by the Board ofTrustees and authorised for Issue on24Jamg. 2oEg
„,
end ars signed

6, Expenditure on charita ble acti vities by fun d type d type
Unrestdctsd Total Funds Unrestricted Total Funds
Furids 2022 Funds 2027
E E E E
DohaUons
paid
Supped coals
I48,WO
7,261
148,500
7,281
87,WO
8,873
67,WO
6,073
165.761 155,761 74,473 74,473
Expenditure on charitable activities by activity type
ArAlvtties
undertaken
tgrecgy support wats Total funda 2022 Total fund 2021
E. E E
Donagons
paid
Governance
costs
848,600 7,261 148,500
7,261
87;WO
8,073
148,600 7,281 156,761 74,473
7. Analysis
of
grants
2022 2021
E E
Grants to Institutions
NeW Light TNorth ofEngland)
Dyspraxla
Fcunda6on
The Walscn Scout Centre
I37,600
1,00D
10,00D
67,500
148,600 67,WO
Total grshts 146,600 67,600
8. Independent examination fees
2022 2021
E E
Fees payable
Independent
tO the Independent
exemlnsUon
ofths
examlnOr for.
tlrulndsl
statements
2,6W
8. Staff costs
The average head count of employeea dunng the period wes Nl(.
No employee received employee benefits of more than E60,000 In the period,
10. Trustee remuneration and expenses

Investments
Usted
Investments
E
Cost or valuation
At 6 Aprg 2021
1,345,633
Additions
Fair value movements
33,949
At 6AprB 2022 1,379,482
Impairment
At 8Aprg 2021 and 5Aprg 2022
Carrying
amount
At 5Aprg 2022
1,379,462
At 5 Aprg 2021 1,345,533

Analysts of net assets between tunds
Unrestricted TotelFunds
Funds
f
2022
f
Investmenls
Current assets
Crednols less thari 1year
1,379,482
18,685
(84,060)
1,379,482
15,685
(64,060)
Net assets 1,333,987 1,333,987
Unrestricted Total Funds
Funds
f
2021
f
Inveaiments
Current esseta
Grad)lors less tharl 1 year
1,'346,633
76,333
(3,300)
1,346,633
76,333
(3,300)
Net asseL 1,418,568 1,4'I 8,568