The Seastock Charitable Trust
Trustees, Report and Financial Statements for the year
ended 5 April 20Z3
Charity number: 1193178

The Seastock Charftable Trust
Contents
Page
Report Df the Trustees
Independent Examiner'5 Report
Statement of Financial Activities
Balance Sheet
Notes to the accounts
7-10

The Seastock CharRtable Trnst
Report of the Trustees
For the year ended 5 Aprll 2023
The trustees presenttheirreport and financial statements ofthe charity for the year ended 5 April
2023, which have been prepared in accordance with the Charities Act 2011 and Accounting and
Reporting by Cliarities.. Statement of Recommended Practice 2019 applicable to charitie5
preparingtheiraccounts in accoi-dance with the Financial Reportingstandard applicable in the UK
and Republic of Ireland (FRS 102) (effective I january 2019J.
Reference and Administrative detalls of the Charity
Name
The Seastock Charitable Trust
Charity Number
1193178
Trustses
Arthur Davies
Kathrine Davies
Principal Office
Ringbeck Cottage
Ringbeck Road
Kirby Malzeard
Ripon
North Yorkshire
HG4 3QF
Chartered Aceountants
Saffery LLP
Mitre House
North ParkRoad
Harrogate
HGI 5RX

The Seastock Charitable Tntst
Report of the Trustees
For the
ear ended 5 A
ril 2023
Structurej governance and management
The charity is guverned by a Trust Deed (date 6 March 2020).
The Trustees who have served during the year and since the year end are set out on page l.
According to ihe Trust Deed the total nurmber ol trustees must not exceed five at anytime. No
Trustees received remunerdtion during tlie current or previous year. There are no staff employed
by the charity.
Trustees are appointed by resolution of the Trustees passed at a special meeting called under
clause 8 of this Deed.
Objectives and activlties
Trustees are required to distribute the income in accordance with the aims ststed in the trust
deed. The trust deed requires the trustees to'apply the income and, all or such parts of the capital
at such time or times and in such manner to, or for the benefit of, the objects as the Trustees may
in their discretion think fit"
The objectives of the charity are to advance such charitable purposes for the public benefit
[according to the laws of England and Wales) as the Trustees see fit froTn time to time.
Main artivities
The main activities olthe trust are that of making granrs thi'oughout England & Wales. This year
grants and donations totalling £24,950 (2022: £12,750) have been made.
Public Benefit
The Trustees have considered and complied with the duty in section 4 of the Charities Act 2011
to have due regard to public benefit U7uidance published by the Charity Commission.
In order to measure public benefit, the trustees will review the number of applications For grants
and donations and consider them in relation to the Charity's ubjectives.
Grnnt making policy
The Charity considers applications from grants which will benefit the public. The trustees meet
regularly to review, consider and monitor applications.
Achieven)ents and Performance
The trustees grdllted £24.950 towards Lharitable purposes within the year.
Financial Review
The totsl incoming resources ol the Charity for ihe year was £45,940 (2022: £165,719). The
balance of unrestricted funds at 5 April 2023 was £169.865 [2022= £153,069).
Reserves Policy
It is the policy of the Trust that the Trustees shall have powers to establish funds lor particular
purposes or to maintain reserves. There is no specific requirement for a certain level OFrese￿es.
The current level oFfree reserves is at £57.112 (2022- £40,316].
A commitment has been made to pay a total of £25,000 in donations over five years, with the first
payment due in May 2023, however this is expected to be lunded from annual and current cash
flow to the Charity, rather than from reserves.

The Sea5t(￿k Charltable Trust
Reportof theTrusrees
For the
earended 5A rll2023
Plans for ￿t￿re and postbalaDce sheet events
The charfjty plans to continue to makegrdnts to approprlaTr charittes and good causes.
Fundrnlslng activltles
The charlty does not seek to fundraise externally and does not run any external fundraising
campaigns or publidty.
Statettkent of Trustees, responslbilities
The trustees are responsible for preparing the trustee5' report and the financlal statements in
accordan￿ wlth applleable law and United Klngdom Accounting St3ndards [United Kingdom
GenerallyAccepted Accounting Practice).
The law appllcdble to charities In England & Wales require5 the trustees to prepare financial
statements for each financial year which give a true and tair view of the state of affrdirs of the
charlty and of the incoming resources and application of resources of the eharity for that period,
In preparing these financial statements. the trustees are requlred to:
selectsuitable a¢countlngpollcEes and then apply them con5iStentlyJ
observe the methods and principles in the Charities SORP {FRS102):
make ludgements and estimates that are reasonable and prndent
state whether. applicable accounting standards have been followed, subjert to any
material departures dlsclosed and explained in the financial ststements.. and
prepare the tlnancRal ststements on the going concern basts unless it 15 inappropriate to
presur(te that the charity continue in buslness.
The trnsteesareresponsible forkeeping proper accountingrecords thatdisclose with reasonable
acalracy at any thne the financial positlon of the charity and enable theLn to ensure that the
flnanaal statements comply with the Charities Att 2011 and appllcable accounting regulatlons
and the provtslons of the trust deed. Théy are a150 responsible for safeguardingthe assets ofthe
charity and hence for taklng reasoii able steps for the prevention and detection oEfraud and other
irregularltles.
Approved on behalf ofthe tntstees br.
ArthurDa
Kathrlne Davles

The Seastock Charitable Trust
Independent examlner's report to the trustees olThe Seastock Charitable Trust For the
earended 5 A rll 2023
I report to the cliaritytrustees on myexamination of the accounts olThe Se25tock CharitableTrust
(the charity) lor the year ended 5 April 2023.
Respectfive responslbilities of trustees and examlner
As the trustees of the charity, you are responsible for the prep3rdtion of the accounts in
accordance with the requirements of the Charities Act 2011 (the Act'}.
I report in respect of my examination of your charity's accounts carried out under section 145 of
the 2011Actand in carrying out my examination I have followed all the applicable Direction.$ given
by the Charity Commission under section 145[5)(bJ of the 2011 Act.
Basis of independent examlner's report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and
a comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts and seeking explanation5 Irom you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit and consequently no opinion is given as to whether the accounts
present a 'true and fair view. and the report is limited to those matters set out in the statement
below.
Independent examinerfs statement
I have completed my examination. I conFirm that llo matters have come to rny attention in
connection with the examination giving me cause to believe that in any material respect:
l. Accounting records were not kept in respect of the Trust as required by section 130 of the
Act- or
2. The accounts. do not aLLurd with those record5,' or
3. The accounts do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and fair view which is not a
matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper undeTStanding of the
accounts to be reached,
Signed..
Alison Robin50n ICAEW
Saffery LLP
itre House, North Park Road
Harrogate
HGI 5RX
29 January 2024

The Seastock Charltable Trust
Statement of Financial Activities
For the ear ended 5 A
ri12023
Note
2023
UnrestrStted
2022
Unrestricted
Income from:
Donations and legacies
Investments
13,707
133,153
32,233
32,566
Total income
45,940
165,719
Re50urces expended
Charttable activities
29,144
18,150
Total expenditure
29,144
18,150
Net income
16,796
147,569
Unrestricted funds brought fonvard
153,069
5,500
Unrestricted funds carried forward
169,865
153,069

The Seastock Charitable Trnst
Balance Sheet
Forthe
ar ended S A
ri12023
Note
Z023
2022
Flxed assets
Investments
112.753
112.753
112.7S3
112,753
Current assets
Cash at bank and in hand
60,472
45,716
60,472
45.716
Creditors: amounts falling due withln the year
Accrual forpn)fessiunaL fees
3.360
5,400
Net currentassets
57,112
40.316
Totsi assets liabAlitles
169,865
153,069
Represented by.
The Funds of the cbarity
Unrestricted funds
li
169,865
169.865
153.069
153,069
For the financial year ended 5 April 2023, the charity was entitled to exemption from audit
The trustee5 have not requlred the chartty to Ob￿1n an audit of its financial thtements for the
year In question.
The notes on pages 7 to 10 form partofthese accounts.
Approved bythe trustees on..
2024 and signedon thelr behalfby:
r Davies
Kathrine Davies
Trllstees

The Seastock Charitable Trust
Notes to the accounts
For the
ear ended S A
ri12023
l. Accountlng Policies
a) Basis of accounting
The fiiiancial slatements have been prepared in accordance with Accounting and
Reporting by Charities.. Statement of Recomtnended Practice applicable to charities
preparing their accounts in accordance with the Charities SORP (FRS 102) (effective I
January 2019).
The accounts covertheyear from the 6 April 2022 to the 5 April 2023.
The Seastock Charitable Trust meets the definition OF a public benefit entity under FRS
102. Assets and liabilities are initially recognised at historical cost or transaction value
unless othenvise ststed in the relevant account policy notes.
The financial statements are prepared in sterlin& which is the functional currency of the
charity.
Monetary amounts in these financial statements are rounded to the nearest £.
b) Going Concern
The financial statements are drawn up on the going concern basis which assumes the
Charity will continue in operational existence for the foreseeable future.
The charity relies ork the regular donations from its Trustees. During this financial year,
the donations occurred monthly forthe first3 Tnonths until June 2023. It has been deen]ed
that this was sufficient for presenL
The Trustees monitor the Charity's cash flow which would forerast the Charity will be
able to maintain liquidity for a period of at least one year following the date of signing
these financial Statements and sustain its operational existence during the next 12
months and accordlngly, the Charity accounts are appropriately prepared under a going
concern basis.
c) Income and endowmonts
Income is recognised once the charity has entitlement to the income, it is probable that
the income will be received, and the amount of income can be measured reliably.
d) Donations and legacie5
Donations received are considered for any restrietions. At the year end all donations were
unrestricted therefore all funds are unrestricted.
e) Investment income
Dividends are reLognised once the dividend has been declared and notification has been
received of the dividend due.
fj Expenditure
Expenditure is included in the accounts on an accruals basis.
g} Governance eosts
Governance costs relate to the cost of professional fees for accountancy. These have been
allocated to charitable aetivities.

The Seastod£ Charltyable Trust
Notes to the accounts
For the
earended 5 A
ril 20Z3
h] Charitable activities
Costs of charitable activities include grants and donations made, governance costs and
support costs.
i) Taxation
The charity is a registered charity and accordingly is exempt from taxation on 5ts income
and gains where they are applied for charitable purposes.
j) Investments
Investments are stated ai the net asset value of shares less impairmenL Unrealised gains
and losses on investments are recognised on the Statement of Financial Activities.
k) Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term
highly liquid investments that are readily convertible to a known amount of cash and are
subject to an insignificant risk of change in value.
l) Fund structure
Unrestrirted income fund5 are generdl funds that are available for use at the Trustees,
discretion in furtherance of the objectives of the charity.
2. Critical accounting judgements and key sources of estimatlon uncertainty
In the application of the Charity's accountinu policies. the Trustees are required to make
judgements, estimates and assumptions about the carrying amount of a55ets and
liabilities that are not readily apparent from other sources. The estimates and associated
assumptions are based on historical experience and other factors that are considered to
be relevant. Actual results may differ from these estimates.
The estimates and undLrlying assulnptions are revieivod on an ongoing basis. ReiTlfian5
to accounting estimates are recognised in the period in which the estimate is revised
where the revision affects only that period. or in the period of the revision and future
periods where the revision affects both current and future periods.
The value of investments has been deemed a key accounting estimate by the Trustevs.
The investments were donated by the Trustees therefore there is no cosL The unquoted
shares are not publicly traded therefore where there is no readily ascertainable market
value, the investments are measured at the net asset value of the shares using the latest
publicly available financial informarion.

The Seastock Charltable Trnst
Notes to the accounts
For the year ended 5 Aprll 2023
Jncome from donatlons and legacies
2023
2022
Donations received from trustees
13,707
13,707
133.153
133,153
4 Income from Investments
2023
2022
Dividends from investsnents
32,233
32,233
32,566
32,566
5 Charltable Activities and Adminlstration
2023
2022
Grdnts and donations made (note 8]
Governance costs
24.950
4.194
29,144
12,750
5,400
18,150
The governance costs include £3,360 relating to the independent examination
6 Trustees remuneration
No trustees received any remuneration or exTrenses in the LLtrrent or prior period.
7 Related party transaction5
During the current and prior period there were no related party transactions.
Grants and donations
Tlie following are grants to institutions. There are no related support costs.
2023
20Z2
Religious rduses
Conservation
Education and childrens, charities
Mental healtli
Military charity
Humanitarian aid
9.750
3,000
6,000
3,000
200
3,000
24,950
5,250
1,500
3,000
3,000
12,750

The Seastock Charftable Trust
Notes to the accounts
For the year ended 5 April 2023
Fixed assets
2023
2022
Investments
Fixed asset movement
Valuation brought forward
Additions
112.753
112,7S3
112,753
112,753
Valuation carried forward
112,753
112,753
10 Credltors: amounts fallfing due wlthin one year
2023
2022
Accruals
3,360
3,360
5,40D
5,400
11 Funds
At 6 April 2022 Income Expenditure
At S April 2023
Unrestricted funds
Total
153,069 45,940
153,069 45,940
(29,144)
[29,144)
169.865
169,865
12
Analysis of net assets between funds
Fulld balances at 5 April 2023 are represented by..
Unrestrirted
Fixed Assets
CurrentA5sets
Current Liabilitie5
Totsl Net Assets
112,753
60,472
(3,360}
169,865
Comparative information in respect of the preceding period is as follows:
Unrestricted
Fixed Assets
Current Assets
Current Liabilities
Total Net Assets
112.753
45,716
(5,400}
153,069