Charfty rngl8tratlon number 1184347 TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS IQUAKERS) IN BRITAIN LEGAL AND ADMINISTRATIVE INFORMATION Truste Margot Lunnon Rthard klorgan DY IMIIIS ChaTIty numb•r 1184347 Addrn•• for corro•pondenc• Friends Meeting House 6 Skinnergale ingt cnty Durtwm DL3 7NB Ind•p•od•nt •x•mln•r Mr J Yarrvm FCA len Sykes Limiled 5 Henson Close SoLrth Church EnterFWite Pwk Bi8hopAuckland Co DurtM DL14 6W4
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN CONTENTS Page TnJstee8' reF Indendent examin8rfs report Statemerrt of financid aGliwtie$ Slatement OffinanC w81b' Nots$ lo finwi* 6latements 10-22
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS IQUAKERS) IN BRITAIN TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The tru8te¢8 present the¥ annual Igt and finClaI staterwnts for the year 6nded 31 December 2023. The financial stslemenls have been prepared in accordance with the accounbThJ p)lue$ set out in note I to the financial statements and comply the Charftoes Act 2011 and-ACtnting and Reportiry by Charities.. ststemt of ReGommended Practice appliCae lo charrties preparing tr11 anIS in acrdanCe with the Finw81 Rewrting Standard applkable In the UK Rewbllc of IrekgTh1 (FRS 1021" (effective 1 20191. ObJectlv•s •nd actlvltl•• The Area Meeting is a charity established for the advanc8menl of religkryn aThJ other charitable wrposes such a8 derive from or bear witn8S8 to th& prindples and practices of thè Relig$ Scvety of Friends (Quakers). The prinpaI 8cllvty 13 Inormallyl the holding of Publ meets'ngs for worship in thg Const1hnt I¢1 mgotirys of Cotherstone, Dartlngton. GreatAyton. MiddleslKough, Norton and 08motherley. The trusteès have pw'd due regard lo Issu&l ty the Charty Commluion in deciding whal activities the charity ¥hould undertake. A¢hl•v•ments and p•rlomMnc• TCAM exi81s to support and gulde slx Local Meth'ftg.' coth8rs1o. Darlin0. Groat AOn, Mlddthbrough. Norton. and Osmotsrfey. The tNstee8 exist to ensure that it Corn185 vith the and uses Its r89)urces for rt8 charttabb purpo8e8. Covid In tha narrow ¥•nse is not far off being history, In the broador sense tt Igaves a continuing marf(. Lol8 of voluntary t88ks seem harder to gel done {arKI the onty paid person doiro tasks Te8$da aTrJ Clevdand AM 18 H818n Whittlngton. who m8na9•8 our commerck91 In Dadirydton •nd paKI work dso for Darfington Lc¢al Megbng. bes08 the work shè doe8 vdunlarityl. TnBle88 have ten asked wher tlw would Ilke Some P8id hèlp bul so far we hav8 said No. See also bel¢yw. Truslges have had work to do wpportlng Local Mgatlngs. In the c88e of Middlesbrough this was 8trw"ghtfthward.' they VEre changing bank sNJnatOri88 and Id not tMselveS pay ev the h8ff of their maintenance 11 which they ¢oukJ afford. Area MeèbrKJ paid the Vhole and récovered haw from midd¥broUgh MeetSng vthen tlf Sngtory probl8m wa8 over. Norton neod•d rnore help.. a key men*er of the meeting had died, another key member was emigrating. an(J fvll awarenèss of their financkql srtuthlon w88 disappeafing. The Great Ayton treasurer look on th8ir bwkkeeping for a ygar, thgir lettings becamo better organlsed, and flnanryal tyjati improved a gcA)d deal. {They are slill having prot4om$ with hdes in Ihelr fioor.) A8 an Area Meeting we are clear thal wa maintwn ow commwcial properties in Sk¥ingrgate. Darflngton. 8 Offl¢88 and 3 8hops not just for the income tyJt as a contrlbuljon lo the r0very of that historic street. 7 Sklnnergale is still let to IndulgthKg. a beauty firm who havè been us for many ye8r5. 4 SkInrgate was vacated by 8utterwick Hosplce charity shop arKI ha8 been let on a one year licence to Changes. whi¢h sdls arh¥ofk8. 6 Skimergate h88 had problems, now sc4ved, wllh kIng rain¥Yaler drains. The grjnd flory is used on a paying basis by the ¢ommunity, often as a temp)rary art gallery, s0rrntim as a popup craft fair. The rear part8 are let a8 a modest office Istudio. Thanks to H¢l¢n'$ entreprwournhip the h)v8ly but problemth"c fir¥t Ikjor room of 6 Skinnergate is let lo Ihreg artists vh)D are d6Jighled to be there. -The ¢)ther property whose ffijtu 13 still undear Is the Osmothertey domilory. Lifelcfflg members of ourAM mernber sleeping Ihere in their child1)0d as part of summer camps. 11 has deteriorated o good deal but Area Meeting was dear that at the least it should be m•Jo weothertight while wè 80ughl a use IL In November 2023 cr Past¢)ral Care Gro produced a pub1KatI caNed Souffjes of SuppM. from th18 18 screen dump. It tty)k a lot of work arKI is sericwsly useful.
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS IQUAKERS) IN BRITAIN TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 A dev8lopm8nl 1¢h doesn't apar momentous trrt is a load off SCAne <rf cu MITh$ 18 the purcha8e of digitsl storage space on the Qugker Meeb'ngs Network. ff tt mgans Ihal we sh811 no longer b? at risk of10sing or even ol mislaying dorA4ments shall be very relieved. The Teen dump bdow shows on8 segment of our storage.
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS IQUAKERS) IN BRITAIN TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 There 18 an eXplatIon vthich we 8h8Te 3 other Are8 Meelings ICumberlafKI, Northumbria 8nd Whnsleydale and Swaledalg) and whlch Is called Crossing Bwndaries. Ilt has equivaknts in ther part$ of the country.) This is an gxplorat'on of Iat we Shk1 gain by moro ¢¢rt• ccw)poration, gven to th8 potnt of having a sngle tharity and a single sel of trustees covering the whole area. Not coukl 0tr4'e( lo greater tC)peration, esFetially nce Northumbria's admin worker is our own AM co clerk, $0 we are not tefflpted to fublysh the Wle Sdea. However, we are dubious Ix)th ab1 how the project was set up (it is not a propedy constbtubJ inrtialtve of Bntaln Yearly Meetlng as its predecess RECAST was) and aLw)ut the likelihwd of trustg8s. if they covgr the whde north d England, bBing ablo to ratain inb'macy wth individual local maetings. The daim that 15 made for the project is that r( will mean that we will need onty, say. 10 trustees in$lead 0124, and wll make il eaer lo buy in knovAedgeable help. Those of us who are sceptical abwl Crosr Bwnd•rie8 ¢aMOt deny that It bo¢omo8 hwdar wlth 8v8ry pa88lng year to find Friends willing to serve as Trustees. Ho•dllnw from local m••tlng• Coth•rJton•: Dpite the loss by d04th or relocatn of a number of Cotrrstone's wular pat1panIS over the past few years, our numbers remain fairfy con¥l8nt. In the year sine the last annual rewt attendance has averaged S 10 1 S. It is $¢1011Y grab'fying lo see th•1 Colr¥tOne lo¢sl$ rKyw make up a he8hhy percentag8 of 8tt8nders, Two Tegular attender8 from Weardale have added greaty to thè energy of the me8b.ng and have now applied for membership. We are thri118d lo welcDmè these Idks. though %wth the retirement of one of teachors we are presenly unab16 to Pro8 a eonslstent programme lor thelr tr1 children. In hope6 01 making our meetlngs moro atte88ible. we have been holdlng monthly %lnler m8etlngs In the Barnard Ca8lle GuoS HQ. Our first sea80n of dtyro so in 2022-2023 attrxted m visitor one time. and we arg extonding the experirnent in 202>2024. In other outreach, members rewesented ovr me¥ting 81 the Colherstty)¢ Community Forum. We welcomed a Substantial number of visitors from Upper Tee8dale Churches To9ether al our meeting in the summer. &x membgrs of ow meetiw t(x)k part in a UTCT po•ce vigil for Pale8tkn& in hlddbton in earty December. D•rllngton: Darfington Quaker Meeting eonlinw$ by the sprit and fjrshiping li¢e 8 wo•k in our Meeting House. Th8 Thursday lunch b"m8 meets.ng for 30 minutes has attraetéd nèw peop to explore our wornhip and the &nday Meefjng attracts ab)ul 20 pec¢4e. further bear Wrt$S thrwgh the use of our rty)mts by communty and activty groups. We regularty IeSS our testimonies vh8 vigils, walks sts118 and open days. Gr•atAyton: Meets'ng for VKbT8hlp on gJnday818 atten(J&J by an avwage of 15 Ffjends. We have rxca61onally wekomed vl8ltor8 from both the villagg and furthgr afield. cwtinue use of a readirvJ in IAbrship, mosuy tskgn from Qu8k81 Faith and PrnctKe. but using olher sources too. We are again hdding Meeting for ltstrship on Wednesday (10.30 - 11am), wblh attendance 8veraging 4 IrKY increasedl. Th8 number of hirers of our roomsconb'nues to grow, provlding a welcome ir))me lo contribLrte to ¢mfall m0irrten8n 8fKI heating costs. The sgfety inspeth'on identlfled some failings vthich were socfi rectified. Mlddlesbrough.. We are currently 18 Frierth attender8 at Mlddlesbrough MeetirKJ. can expect 10 to 12 Frlend8 worshipplng gularfy on Sundays in a blonded Meeting for rship. ¢Illnue to hokl Bu&ness meetings on Zoom as this is convenient for FrierKls. Oui hirings r8main st8wty. In the last 6 mcrt)ths we have hosted 2 Repair Cafes wi(h the supFort of Sloke8ley Climate Adion grcrtjp and Friend$ of ts Earth. These have been very suc¢essful and enpyable days ond a range of things includlng bikes. seMng machines, lawn mowers and fumilure haw been repaired. We have regular bookings Musllm Pre wedding lebatIOnS. We are delNJhted to have very p0Sve feedbac at*Jut how Suitab the building is and mh they have enjtyed themselves.
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Norton: Looklng back over 2023, Norton Friends al agreed that the Garden Prqect was thè memory which slc¢d out strongty In their minds. been opproKhed by 8 community wildlife offKer lo ask pemiission lo utilise the graveyard fc local Ghildren to grow and maintain 8 Vegetab garden arwor intrc#Juce a wldlife 8rea. This was agreed. We fert that the projecl ¥Yas very much in keeF4ng wth Quaker principles. The difference the project has made lo the appearance arKI produdmty of Ihg gravayard ha$ b8an astonishing. And, as the vegetables become ready for harvesting, they are plpLed at the gak of Ihe Meeting House fLV locals lo help themselves., O•mothorl•y-. Tha small group of 08molhertey FrThJs have conlinl to meèt ev Swmlay. ther face lo face or once a month via Zcom, Tow8rds the end of 2023 the Meeting agreejj lo lay dovm the r8gular aftemoon Meetsng for Wbrship due to reduced 8ttendance. Instead ¢)ctaon m8etlng8 ¥thill b• Irded on an ad hoc basis a Imited number of Sundays in the Summer months. Fflends conflnue to fvndraise for the prwed upgr&'ng of the MeetiThJ Fknise to improve tts accgssililty and SUStaln8blllty. The total fund raised has still scme way lo go before building work may comrnence. DLTing 2023 11 was fomolly conffirmed that the Area Meetlng is tsking respcmsibilty for th8 dormttory Ock and that the bulkllng be refuthshed. Thg priority is the rcof to rew'red so that the building is wéathorpr¢d. The sF4ritu81 Irlo of 08motherley Local Meeting has 8 con81deratth of the m8•nlng and nature of m¢mb¢r$hip. In addition thg L¢xal Develowwt Officer led 08molhedey Friend8 a1 oth•r8 in a coniideTation ol the sustainability of small Quaker moetings. This was allendod by 22 Friends. Other: DuriTra the y•8r Coth•rskne Cottages Trust, a reglstored charty, c•a8ed it8 op•ration8 and tr•n6ferred rts remaining as8ets, with a value of £36,619, irrto Tefrsdale and Clevdand Area Meetirwj of the Religic3 SoGiety of Fiiends lQuak•f81 in Brit&n. Flnanclal r•vlew A8 thè ¢h8rity operates primarity thIgh n8 loca Mng#, 08¢h of h88 its own fiJThYs and bank a¢¢ounll¥l. The l¢)cal Moeting accounts are consolidated into thè ¢)vérall a¢¢ounts of the charity. Each local Mting thereforo ha8 an annual expeJitUre and commitrnents. which are monitored by Trustees as the fvnds are 8888nlially all part of the chanty's fvrKls. HcMver, this ff*ans that each l(Thl Meeliry is eypected lo carry rts own r85eN88 in accordance wrth the charity comrnisslon guthlines. The re8eNes pjlicy applies, tsrefore, lo the fLnds held for and direcliy cltrOlled by tho Meeliro. The policy is to hold in reserve sufficient fvnds tr. Prcperty Tepalr811 yearl {2% of Insurance valuation 88 recommended by BYMI- £80,651 Running costs11 year) (rates lor wtentslly empty commerdal wopgrtle8)- £20.000 Professional $ervices {1 year)- £18.180 maklng a totsl of £118,831. (The figur8s ara b¥sed w eslimates oaird in prewous yoar5 but VAI not have ch8ngèd Snifican1ty.) At 31 December 2023 the charlty had free reserves of £188.579, 8omevth8t mcKe than nec&ssary. bul Trustees continue to feel that Ihis is desirable in wew of corrsKlwth likely expenditttre on the various works recommended by aulnquennlal Review of propertie8. Structur•. govorn•ncg and managemont The charity 18 a Charitable Into1rated Organisation (CIO).
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The trustee8 ser¥8d the and up to the date olgnatU of ts final slatements V•We.' argot Lunrn Jane 8oolh Rich8rd Morgan DoTolhy IAfiIIi8 Mark Sheffield IRe8igned 2 knuary 20241 Tru8tsa8 are apwnted by the Area M•¢b'ng Se10n, r¥)mialty on rb)mination of th• Nomlnatlons Commlttee. New TnJ81ee8 are prowded wrth a copy of the G¢)vemiry Document and oth8r inf0mtron re1811ng to I1r role, wRh referral to the website of Britaln Y¢•rfy Meetirg of Quakers in Brrtain whlch contains a handbook for Qu8ker Trustees. An indemnity d4use in the Area Meeting insuranca poFky provvjes an Indemnrty for Trustses during their tem) of office. The Trustees of Teesdale aNI Cleveland Area M¢eting rec¢gnise that they are the account8bl8 body for th6 Area Mgeling, but the deciSnmakIng W is the Area Meeb'ng rtsell. Despite Covid the trustees have sllll met dudng tha year via Zoom. The meetings are c(md a¢Ing to Quaker usage and 80 Wg have 8 Clerk ralhw than Chabr. Tho granl-makiry policy of Ihe Area Meeting, Is dlf£emèd annualty by Ihg Area Meeting, followng recommerKlation lo Tru81oe8 from Treasuring Team and a 8ubs¢quont Minute to the Alea Meeting. Grants can be made lo Britain Yeaty Meetkng and lo other Quaker th•nties those ¢)bjects confoffti lo the objgcts of the Socl8ty. The trustees, report w88 approved by Ihe 8oard ofTnAtee8. Margot Lunnon Trust•• Date..
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TEESDALE AND CLEVELANDAREA MEEfiNG OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN I rewl to the tru$to08 on my •xaminab'M of th? statnts of Teesdale and ChvebThY Area Meetlng Of The Religityjs Society of Friends lQuakevs1 in Brilain (ts tharity) for ts year eTrJed 31 Dewnber 2023. Responslbllltl•• and b•sl• of rnport As the Iruslees of Ihe charty you are responsiblg for pyeparation of the financial statements in acwrdance with the requirements of the CharitiesAcl 2011 Itk 2011 Act). I rgport in respect of my examination of the charity's financial statements ¢>rri¢d out under section 145 of the 2011 Act. In carrying ¢JJt my examinat I have Idlod all the applicab DirectiorB given by the Charity Commissic undgr Section 145(S1(bl of 2011 Acl. Indop•nd•nt •x•mlMrf• •t•t•m•nt I have compl8tod my examination. I confimi that no mattern have com• lo my 8tt8ntlon In Connecti with th examinalion giving me c8u8e lo bdieve that in 8ry matenal re8pect'. accwnling records were nol kept in respect of the charity as reqund ty 8&Jn 130 of ts 2011 Act; or th¢ financial ststemenls do not acC(d wth th¢)se record8', or the financiel statements do Mt comply wtlh the ap[¢86 requlram8nts con¢emlng the fomi 8nd conlenl of aCCnIS set out In tha Ch8Mlle8 (Accounts and Reports) Regulatlon8 2008 other than any rewlrament that tha accounts gfve a true Idr hhlch 18 Mt a mattw c11r0d 08 port of irn(l examlnatlon. I have no ¢on¢om$ and hav¢ Mmo acro rv) other mattws In conneclion wth t examlnatbn lo vthich attent Should be dravm In th18 report In ordof to énaNé a propw undor#tandlrd ol tho slatsnwlg to bè r8achad. Mr J Yarrow FCA IndeFendenl examiner All•n Syke• Umll•d 5 H8ngon Close South Church EnlwwI8e Park Bi¥hop AucklaTr Co Durham DL14 61114 D8led'.
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TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN STATEMENT OF FINANCIAL POSITION AS AT31 DECEMBER 2023 2023 2022 Flxed assets Tangible assets Investrt*nls 18 19 808.599 587,271 770.316 520,8cI8 1,395.870 1,291.122 Current Debt Cash at bank and in hd 4.653 328.863 3,795 348.460 333.516 352.255 Credltorn: amounts f•lllng du• wlthln on• year 21 111.242) (7,4241 Not curr•nt au•l• 322.274 344,831 Tolal ass•ts current Ilabllltl•8 1.718.144 1,635.953 Th• fvnds of the ch•rlty En¢Jowrnent fund8 Re8trictod income fuThJ8 Unrestrfcted fund8 22 23 1.181,328 80.317 456.499 1,164,810 78,241 392,902 1,718,144 1,635,953 Tho fIncIal 8taiements vmre apwoved by the tru8tse8 1)n......................... M8rgot Lunnon Trustse
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng p1¢18$ Charlty Informatk)n Teesdale and Cleve18nd Area Maelbng Of The ReIwi0 Sixiety of Ffiends IQu8kers) in Britsin 18 8 CtsbIe Incorporated Org8nisalion ICIOI tered wlh the Charty Ccffimk8sKffl in England and Wale8. 1.1 A¢eountlng conventk)n The financi81 ststemenl8 have t¢en prepared in xcordance with Ihe Charlli88 Ad 2011, FRS 102 'Th8 Financial Reporting Standard appltsble in the UK aTrJ RepublK of Ireland" I'FRS 102.1 and the Charlllas SORP 'Accounling and Repth"ng by Chanties.. Siement of Recommen Pract apicable lo thanties preparing their accounts in acwrdan¢e with the Fin4rKaal Reports"ng Standard applb in the UK and Republic of Irel8nd (FRS 1021" (eff8cbv8 1 Januwy 2019>. The charity is a publ Benefit Entity as defined by FRS 102. The chBrfty h88 taken advantage of provisions in the SORP for ther16 nat lo prepare a StOnt of Cash Flow8. Th• financw statsmonts aro prepared in stsrfirs, 18 Ihe fun¢bon¥l curroncy of thg charfty. Monetary amount8 In th¢8e finGI1 •tatements are rounded to thè nèarest £. The financlal 8t8tements have b88n wepared undor tho historul co8t cgjnvention. modffi8d to Induda tho revaluallon of certaln finwKlal Irthm¢rt8 al f•ir vdue. The wincpal accountlng Ok4e8 adopl•J are set out b81(M. 1.2 Golng concem Al th6 time of apwowrvJ ts finarKi•l 81aleffrt8, thè tNsta•s have a reasonable eXPt)n that the charfty has adequate resourcas to ntinue in cyerational exisleneé for the for8segable future. Thu8 the tr1068 continu6 to adopt ths golng ¢¢¢M basis of accojntity in preFn9 th8 finanual statwnents. la Ch•rftabl• fund• Unreslrl¢led fund8 are avaIlab fty u8e at ts disrygkn of tho tsustees kn further8nce of their Charitable objtttN88. Reslrteted fijnds ar• $ubJ'¢ct to speufic condhlofts ty donors or grantors as to how they may bè usad. Tho PLifpo8es and u8es of the re¥trthd fvJnd8 are set out in the rK>tes lo the financial statements. EndcrMn8nl lurKls are subject to spoifK c(¥KlitN)n8 by donm trt p11 must be malntalned by Ihe 1.4 Income InCe is recwi8ed vthon tts <arty Is legolty tild to it 8ftor any perlorn)ar8 cond1tn8 have beon met, the 8mcwts can be Trlk4bly, and it &wobat4e th#1 irwme will be recelved. Cash defialions 8re recogni8ed rttelpL Crther are recognisad once the Charity has been notified of the donats"on, unless perfc<mance eAinditi¢)rK8 require deferral of the amount. Irme lax recoverable in rektion lo donations re1ved urKler GIft"d or deeds of covenant is recognised al the timg of the donation. Lega¢ies are Teccqnised ¢)n receipt or otheThMse rf tr* charity has been of an impending distrittion, the amount is known, arnl receipt is exFecled. If the amnt is not known, the legacy is Irealed as a c¢Jntingent asset. 10-
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS IQUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEmErs (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng pollc188 IConUnugd) 1.0 Exyndlturn Expenditure is recognised once there is a legal or constructive Obl'0n to transler eccnomlc benefit to third party, it is probable that a transfer of eComIC beneffts wll be r4uirèd Sn settlement, and the amount of the Ol98b'on can be m088ured reliabty. Expenditure is clas%fied by actmty. Tha costs of each acbvty are made up of the total of dire£t costs and shared costs, induding Support costs Invofved in undertaking exh lty. 'rect costs 8ttn'butabK8 to 8 single activity Bre allocated directty to that Shared ec$ whth eontn"but8 to more than one activity and supwt costs are not attributable to a single xtivity are apportk)t)8d beWn those activits on a basis onsislent wth the use of res¢JJree8. Céntr81 staff costs are allocal&J cm the basis of tsme Spent, and depreatIon charges are •lloG8ted m the pcA1]'M of thè a888t'8 U8e. 1.8 Tanglble fixod 8•ts Tangible fixed assets afe in81 mea8ur•J at C081 and 8ubsequentty measured at cojt or valuation, nel of d•pr¢¢ialion and ony Implimftt losses. DeprlatiOn is recognised so as lo off the cost ( Valuaon of a880ts1088 thgfir r88idual v8lu•s ovor th• uselyl liv em the fdlowng bases. Freehold land and buildn98 1% straight line The gain or loss ariwng on the d1¥ ot an 88S•t is <l•tomln8d 88 the derence t)efvMen the sale prace•d8 and the carrrfJ vue of the assrt IB rec(WliBed in the statement of ffinanclal acttvnlo8. 1.7 Flxqd ass•t Invmtmgnts Flxed a¥set Investments are hilially measured at tra1c pnce exclL¥Jing transaction coBt8. and are Subs¢ntIy measufed al fair value at each date. Changes In fair value are rKogni5gd in n81 irKomell8xpendilurel lor the year. Transactson costs are expensed as Incur. 1.1 Impfjlrnxnt of Ilx•d ••••ts Al each Teporting ènd datè, thè tharity revlews tro carrying 8mcwts of Its tongiblo assets to determine vlhether there is any indicati¢)n that those assets have sullered an 1mpairnnI loss. ff any such SndrAtlon e$t8, the recover8Ue amwrrt of the 8s8et 1$ estimaled in order to deteminè èxtent of th6 Impalmenl 1088 (rf any). 1.9 C•8h and cash •qulv•l•nt• C¥$h and ¢a$h oqulvalénts Include cash in hand. d8po8its hèld al cll with banks. other short-lenn liquid investTneftts %Mth ¢xiginal Maturit of thr68 month8 or kns. and bank ov8idrafts. Bank overdrafts are shrywn wilhin borrowings in current li8tilities. 1.10 Flnanclal Instrurn8nts The ch8rty has elted to apply the provisicffls of Section 11 'Basc Financial Instruments, and Seth"on 12 'Other Flnarthl Inslruments188ue8' of FRS 102 to dl of Tts finaral instrumen1¥. Finan01 instruments are rwnised in thg ¢harity8 balar 5h88t wIn the Ch becomes party to the contractual provisions of the irtstnrnL 11
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng pollcl•s Icontlnu•dl Basic flnanclal ass•ts Bas financial a88ets, thlch Include debtors cash and bank balarus, are initlally measured at transaction price including tranSactn costs are $ubsequenUy carrd al amoJti8ed cost using th8 effacllve interest Met unless the arraroement ¢onstitutes a finanung transactK)n, where the trans8cllon 18 measured at Ihe present Value of the futuré Teceipts discount&J at a market rale of interest. Finansial assats cl88sffied as receiv8bk within one ar we rnt wnorlised. 8•slc Ilnanclal Ilablllll•s Baslc finan01 liabilities. includlng cr&Jrtorn and bank loans we inlllolly recognised at transaction prlce unle the arrar¥Jement constitutes a financirKJ transacllon, 0T• the debt instrument is measured at Ihs present value of the future payments dIScnIed at a market rate of interest. FIntal liat#litiès dass¢fied as payable within one yeor are not amortised. Trade cradltors are oblationS lo pay for gccds or Ihal have be8n acqulred In the ordlnary course ol operaOn$ from suppliers. Amounts payable arè ¢sSIfied as ojrrenl Ilatllli&s rf payment is due wrthin one year or 1é8s. If t, they are presented as non•currenl liablllties. Trade ¢redrt are recognisèd initially at trans8¢) pn¢• and lubsequenty measured at amortl8od ¢08t uslrvJ the effects've interest method. 1.11 Employe• b•n•fft• The cost of any unu8thJ holklay entidement18 recA)gnfr In p•d(wJ in wfiich the employee's 88rvi¢eJ are re1Ve. TInatIon benofft¥ recognlsed imrnethatdy as an expenw chaiity is demcrntrabty commltted to temlnat8 tha employment of an employee or lo provide lemiination benefits. Crltlcal aGcountlng Mtlmatsl and Judg•monts In the applicallon of chartty's a¢eounts'ng Oicies, the trustees are rtyuifed to make judgements. estimate8 and a85umpllon8 about the caryiry amount of 858e18 and llabillts.es that are not reath'ly apparent from other 8ryJrces. The estimates and asso¢i•t¢(l a$sumptwJns aTe based on historical experience and other factors th81 aro considered to b• r•l6vant. Actual r8suMs moy dffler from the8¢ •sb'mate8. The estimates and undwtylng a8sumptic)s are revwed on an ongc#'ng b85i8. Reviwons lo accounting 881im8tes are reccgni8ed In the period in vthi¢h the estimate 18 Sed where the revw4i¢)n affects cmly th81 pefiod, or in the PeriLKI of the revi&on fure pgric4J8 where tha rewsion affe¢ts bolh CUTrent and futu pefitids. Donatk)n8 anql l•gKI•• Total Unrestri¢Xed Restrfcted fvrKIs fiJnds Tol* fvnds nd• 2023 2023 2023 2022 2022 2022 Oonations and grfts Transfer in of assets of Cotherstong Cottages Trust 40.791 1.511 42.302 29.369 18,928 46.297 36.619 36,619 12-
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 Income from charStsble •ctlvltles UnMtrlct•d Unr•strlcted fund¥ funds 2023 2022 Qu•k•r actlvltl Ottr*r Inccthe 1,420 Incom• from (thor tradlng actlvltl Unrn•trl¢tsd Unr••trlct•d fund8 lund• 2023 2022 Tradlng thty Incom6: other 96,472 86,857 13-
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 other Income unrtrIct8d Unrestrlcted fundg funds 2023 2022 Other irwne 1.531 735 R•lslng funds Uthffj•trl¢t•d Endowm•nt funds funds g•nernl 2023 Total Unrestricle(l EJ(rnt fund5 fiJnds general 2022 Totsl 2023 2023 2022 2022 Dgpredatlon and Impairment Investrn8nt man8gement 9.000 3,749 9,000 5,188 9.000 3,987 9.000 5,167 1,439 1.180 1.438 12,749 14,188 1,180 12,987 14,167 15-
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Expgndlturn on ¢harftabl• actlviii•8 Qu•ker Quaker a¢tlvltl•8 2022 2023 Dlr•ct co•ts tk)nation8 Materials and SUPWlas Bursarios Other costs Propelty managam8nt 6,210 3.191 24,028 2,275 1,050 2.481 7.113 2,870 12.665 38,927 Share of •upport and gov•rn•nu costs (s•e not• 10 Support Govwnance 114.710 7.765 113,7T9 135,140 157,246 Anatyg18 by lund unrestn.cted fvnd$ Re8trlcted 134,688 454 1,123 1,123 135.140 157,246 10 Support co•ts Support Gov•rn•n costs 2023 Support Gov•m•nc• 2022 Depreclthn Repoirs and maintenance Utilib"8s Other prem18e8 costs In$uran¢e Advertising Legal and profewonal Other costs 1.606 266 44,083 33,847 44,083 33,847 22. 7,397 60.893 23,938 9.827 5.746 730 6,856 5,523 60,893 23.938 9.827 5,748 730 6,858 5,523 7,397 2.576 2.637 2.576 2.637 7.730 7.730 35 6.540 6,540 Other 114,710 7.765 122,475 113,779 120,319 Anatysed belween Charitable activities 114.710 7.765 122.475 113,779 120.319 -16-
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 11 Net movement in funds 2023 2022 net movement in furKls is stated after thargIn(CredIbn9).' Fees payablo fr tho indepwhknt eXamyon ofth8 dnI3 finTraI stslemènts Deprecfiatl of itAo fixed assets 2,940 9,266 10,606 12 Indopnd•nt •xamln•h l• F••$ payabh to th• Gharlty's Independ•nt •xamln•r 2023 2022 Examination ofthe charitys annual ac£ounts 2,940 13 Tru•t• Norn of tho trustees (or arry Fer5 ccnnected *ith them) rtteived any reMuraIl0n or benefits from t charity durlng the yoar. 14 Employ• Tho average monthly number of em Joy0è8 thjrfng thè Y waa: 2023 Numb•r 2022 Numb•r Totsl 15 Othor Total UnMlri¢tod 2023 2022 Cxher expenditwe 710 17-
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 16 Galns and IosM8 on Inv•stm•nt• Unrn8trb¢t•d Endowmgnl funds nds 2023 2023 Totsl Unre8trfcted Endo*Trgnt nd8 fund8 2022 2022 Total 2023 2022 GaIn{lO$S08) arising CXI.. Rovaluation of Investments 9.091 28.986 38,077 (25,496) {102.C681 1127.5621 17 T•x•llon Tha charty 18 exempl fr(ffi taxation M its athitie8 because all It4 in¢ome 18 apptif•J for charitablg purFo888. 18 T•nglble I1x ••••ts Fre•hold land and bldIng% Al 1 Janry 2023 Addith)n8 779,582 48,889 Al 31 Decemter 2023 828,471 D•pr•¢l•llon and Impalnn•nt At 1 January 2023 DeFfecialion charged In the year 9,288 10,808 At 31 Decomr 2023 19,872 Carrylng arnount At 31 De¢¥mber 2023 808.599 At 31 December 2022 770,318 18-
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 19 Flxed asset InvKtmènts L1*d Investments Cost or valuatlon Al 1 January 2023 Valuation ch8riges DIsp08al8 520.806 76,054 19.589} At 31 Deeémbsr 2023 587,271 Cirrylng amount At 31 December 2023 587,271 At 31 0mber 2022 520,808 20 O•btorn 2023 2022 Amounts falllng du• wlthln on• y•ar: Trade d8blor• PropayThent8 and accru•J Income 100 3.695 4,653 4,853 3,795 21 Crndltov•: amounts f•lNng dw whhln on• y•ar 2023 2022 Trade creditors Other dItorS Ac£ru8ls and dotsrred income 3,072 4,370 3.60) 102 4,370 2,952 11,242 7,424 22 EndoTwm•nt funds Endowmenl fund8 repra8W)t a$8ets vknich must hold pernitty by the charty. Al l January In¢¢)mlng Resources Transfern 2023 rosou9% •xp8ndod Galns and 105808 At31 Decemb•r 2023 Pormanont endowments Capital Fund 1,184.810 8.381 (12.749) {8.100) 28,986 1,181,328 19-
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Ethdo*7n•nt funds (ConlInuI Prevlou• year." At 1 January Incoming Resourus 2022 rvsourcos expgndod Transf•rn Galns •nd 1088•8 At31 December 2022 P•rmanent endowmonls Capital Fund 1.279,912 7.758 (12.9871 17.80n I102,1) 1,164,810 23 R••trlctsd fun The r•¥lrKted funds of the thgrity comprise ts une)peTrJwJ bai8nce8 of dtI5 and grants held +Jn trust 8ubleLt to SP8cfflc condttbons by doncrf8 88 to may b• u. At 1 January Incomlng Ro•ourc 2023 rn•ou •xp•nd•d Tr•n•lorn At31 D•c•mb&r 2023 Gu18bDrough Charty Fund Maitir Repairs Sawell Family Fund 08motherfey Buildlng FuTrd 3,863 50,IYXI 312 (4541 4.681 50,000 1,300 24.336 23.078 1.258 78.241 1,570 {4541 80,317 Provlou• year. At 1 J•nuary 2022 Incomlng Resourc r•8ourcw •xp•nd•d Transfern At31 Decomb•r 2022 GuIsborou Chty FurKI Major Repars Sawell Family Fund 0smolh¢rfey Buikling Fund 3,975 so.000 1,300 6.150 111 11.1231 900 3,863 50,000 1,300 23,078 16.828 100 61,425 18.939 (1.123) 1.01)0 78,241 Purpose of restrfcled funds Guistxjrough Charity Fund - Funding provided fty spe¢ifjc purpose", Major Repairs- To fiJnd future repairs expenditure.. Sawell Family FuTrJ- To fund arthtte¢ts and survey¢)rs fees in relation io work rffjuired to pr(wide dISaj ae$s. 05motherley BLll'lding FurKI- To fiJrKI future eenditUre 0smoth8rfay m88ting hous8.
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Unvestrict•d funds The unre8tricteeJ fvnds of the charity cc4nprise th6 Unexnded balances of naknn5 and grants vthich are not subpct to Specific conditions by dcfiors granl¢ys as to how they may be used. These in¢lude ¢Jesignated furKls wthich have been Set a&de out of Unrestric funds by th8 trustees fc 8pecifi¢ purposes. At 1 January Incomlng R•8ourc•8 2023 ro8ourcH •xpend•d Tr•nsfvrn Goln8 and losse9 At31 D•¢èmber 2023 08moth&rtey Bullding Fund Coth¢rslone Cottages Trust General fvnd8 16.759 16,759 36.619 146.872 36,619 403.121 378.143 {136,1251 7,140 9.091 392,902 183,491 {136,1251 7,140 9,091 456,499 PmvlouA y••r: At l J•nu•ry 2022 Intt)mlng ROThI •xwnd•d Trnnsf Galns and At31 D•Gombor 2022 08motherley Building Fund General fund5 16,759 431.128 16,759 376.143 121,717 (158.0131 6,807 (25,496) 447,887 121.717 (158.013) 6,807 (25,496) 392.902 Purpo•• of doslgnat•d fund• Osmolhedey 8uilding Fund - UnrestsiGted Income to b8 U8ed to fu exPdite on Osmothgrloy meeting house. cotherStce Cottages Trust - Unreslrid8d Income held to b• u8ed for the rAo$e of rell8vlng need of any dividual friend, particuL4rty th08e reshling in colOne. 25 Anatyskn ol n•t Ms•tg tween fund• Unrngtrlet8d Re•lrictod Endowm•nt funth fund• nds 2023 2023 2023 Total 2023 At 31 Dg¢ember 2023: Tangible 88seis Investments Currenl assetsl{liaL¥tstias) 73,599 140.943 241.957 735,000 446,328 808.599 587.271 322,274 80.317 456.499 80.317 1.181,328 1.718,144 -21
TEESDALE AND CLEVELAND AREA MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 25 Analygls of a•Mts bel funds Icontinuod) Unr•strict•d R•strkt•d EThdovmwnt funds fvnds 2022 2022 Total 2022 1022 At 31 De¢emb•r 2022: Tangiblg assets Investments Current as8etslOlabillile8) 28.316 99,9 266,590 744,000 420,810 770.316 520,806 3M,831 78,241 392.W2 78,241 1.184,810 1,635,953 26 R•latsd Plrty tran•a¢tlo r• re no dlac1088lAe related party tran8ac*cm dLwirKJ the year {2022. rKJnel.