| Page | |
|---|---|
| Trustees' Annual Report |
2 —6 |
| Statement Trustees' Responsibilities |
7 |
| Independent Examiner's report |
|
| Statement of Financial Activities |
|
| Balance Sheet | 10 |
| Notes to the Financial Statements | 11-18 |
| Notes | Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | ||||
| Income and Endowments | from: | ||||||
| Donations and Legacies |
23,512 | 41,823 | 65,335 | 164,326 | |||
| Charitable Activities |
7,229 | 7,229 | 8,642 | ||||
| Subscriptions including Gift-aid Sale ofXmas cards, books and bags Investment Income |
24,275 7,307 6,633 |
3,383 | 24,275 7,307 10,016 |
21,662 5,482 2,365 |
|||
| Total income | 68,956 | 45,206 | 114,162 | 202,477 | |||
| Expenditure on: Direct Charitable Expenditure |
13,008 | 13,008 | 13,855 | ||||
| Charitable activities: |
|||||||
| Grants | 7,9 | 100,147 | 208,383 | 308,530 | 49,596 | ||
| Activities | 7 | 9,368 | 9,368 | 9,886 | |||
| Publishin | 7 | 8,097 | 8,097 | 8,092 | |||
| Tota I Ex nditure |
130,620 | 208,383 | 339,003 | 81,429 | |||
| Net income and net movement | in funds | (61,664) | (163,177) | (224,841) | 121,048 | ||
| Total funds brou tforward |
408,548 | 165,387 | 573,935 | 452,887 | |||
| Total funds carried forward | 13,14 | 346,884 | 2,210 | 349,094 | 573,935 |
| Notes | Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |||||
| Fixed Assets | ||||||||
| Current Assets | ||||||||
| Stock | 964 | 964 | 782 | |||||
| Debtors | 14,105 | 14,105 | 7,695 | |||||
| Cash at bank | and | in hand | 370,887 | 207,210 | 578,097 | 638,051 | ||
| 385,956 | 207,210 | 593,166 | 646,528 | |||||
| Less Creditors | —amounts | falling | ||||||
| due within one year Accruals and deferred |
income | 39,072 | 205,000 | 244,072 | 72,593 | |||
| Net Current Assets | 346,884 | 2,210 | 349,094 | 573,935 | ||||
| TOTAL ASSETS | LESS | UABIUTIES | 346,884 | 2,210 | 349,094 | 573,935 | ||
| NET ASSETS | 346,884 | 2,210 | 349,094 | 573,935 | ||||
| FUNDS OF THE | CHARITY | |||||||
| Unrestricted | 13&14 | 346,884 | 346,884 | 408,548 | ||||
| Restricted | 13&14 | 2,210 | 2,210 | 165,387 | ||||
| TOTAL FUNDS | 346,884 | 2,210 | 349,094 | 573.935 |
| 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|
| Donations | 17,273 | 13,699 | ||||||
| Le acies | 48,062 | 150,627 | ||||||
| Total | 65,335 | 164,326 | ||||||
| (Note: Donations | include a210,000 payment | from the McCorquodale | Trust which previously contributed |
%5,000as part of | ||||
| a260,000 gift to 12Cathedrals | including | York Minster) | ||||||
| 4.Charitable | Activities | |||||||
| Included | within | this heading are | the following | items: | ||||
| 2023 | 2022 | |||||||
| Friends' fund raisin |
activities and excursions | 7,229 | 8,642 |
| 2023 | 2022 | 2023 | 2022 | ||||
|---|---|---|---|---|---|---|---|
| Subs f, | Subs X. | Members | Members | ||||
| Subscription | Income and Membership | Numbers: | |||||
| Group 5Corporate | 675 | 875 | 13 | 11 | |||
| Annual/Other | 21,129 | 17,160 | 1,012 | 922 | |||
| I ife | 3,075 | 4,000 | 1,065 | 1,080 | |||
| Inc (Dec) in | annual | Gift-aid | 604) | 373 | |||
| 24,275 | 21,662 | 2,090 | 2,013 | ||||
| me | |||||||
| 2023 | 2022 | ||||||
| Bank interest received | 10,016 | 2,365 |
| Analysis of E | xpend | itu | re | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Forthe year ended | Basis ofallocation | Generating | Grants | Activities | Publishing | Total | |||||
| 31December 2023 | Funds | 2023 | |||||||||
| Direct Costs | Direct | 303,521 | 6,263 | 6,489 | 316,273 | ||||||
| Support Costs | |||||||||||
| Staffcosts | Time | 9,085 | 2,097 | 1,048 | 12,230 | ||||||
| Governance | Proportioned | as direct | 5,009 | 103 | 107 | 5,219 | |||||
| Other su rt |
costs | Time | 3,923 | 905 | 453 | 5,281 | |||||
| Total support costs | 13,008 | 5,009 | 3,105 | 1,608 | 22,730 | ||||||
| Total | 13,008 | 308,530 | 9,368 | 8,097 | 339,003 | ||||||
| Forthe year ended | 31 | Basis ofallocation | Generating | Grants | Publishing | Total | |||||
| December 2022 | Funds | 2022 | |||||||||
| Direct Costs | Direct | 45,940 | 8,302 | 6,212 | 60,454 | ||||||
| Support Costs | |||||||||||
| Staff costs | Time | 10,439 | 695 | 1,044 | 12,178 | ||||||
| Governance | Proportioned | as direct | 3,656 | 661 | 494 | 4,811 | |||||
| Other su rt costs |
Time | 3,416 | 228 | 342 | 3,986 | ||||||
| Total support costs |
13,855 | 3,656 | 1,584 | 1,880 | 20,975 | ||||||
| Total | 13,855 | 49,596 | 9,886 | 8,092 | 81,429 | ||||||
| Net Income/ | (expenditure) | for the Year | |||||||||
| This isstated after | charging: | 2023 | 2022 | ||||||||
| Independent Examiner's |
Fee excluding | VAT | 1,875 | 1,760 | |||||||
| Remuneration for |
non-audit | services | (Taxation advice) excluding | VAT | 390 | 325 |
| During the year the charity awarded grants to the following (including an allocation of |
||
|---|---|---|
| Indirect costs). | 2023 | 2022 |
| Quire Gates refurbishment (release of unused commitment) |
(4,510) | |
| Phase 2 Torre Manuscript and Fabric Rolls conservation |
3,700 | |
| Phase 2 Incunabulas re-categorisation |
6,000 | |
| Memorial Bench on College Green |
20,000 | 40,000 |
| Joyce Norton bequest to fund new members of the Choir Apprentice Room in Centre of Excellence |
185,000 70,000 |
|
| Choir Robes inscribed "Supplied by the Friends ofYork Minster" Removable Carpet in the Chapter House with hanging brackets |
20,000 3,041 |
|
| Water Fountain in the Refectory Garden |
2,480 | |
| Silver Thurible | 2,000 | |
| Grant to the Ringing World Ltd for the bell ringers | 1,000 | |
| Flowers | 750 | |
| Sub-total | 303,521 | 45,940 |
| Allocation ofindirect costs | 5,009 | 3,656 |
| Total | 308,530 | 49,596 |
| Reconciliation ofgrants payable | 2023 | 2022 |
| Commitment at1January |
67,704 | 21,965 |
| Grants committed in the year (adjusted for the write back ofexcess commitments) |
303,521 | 45,940 |
| Grants paidinthe ear |
135,113 | 201 |
| Total accrual as at31December 2023 | 236,112 | 67,704 |
| To comply with Charities SORP (FRS102)non-performance grants are reporte some cases, payment may be spread over a period oftime which gives rise to |
d in the SOFA on approval of future commitments. |
application. In |
|---|---|---|
| In accordance with Charities SORP (FRS102)the balances payable have been |
provided for and are included | in Accruals and |
| Deferred Income on the Balance Sheet: | ||
| Flowers | 1,514 | |
| Water Fountain in the Refectory Garden |
2,480 | |
| Contribution to Ringing World Ltd forthe Bell Ringers |
1,000 | |
| Le Blason des Toutes Armes —investigation and conservation |
9,775 | |
| LeTorre Manuscript and Fabric Rolls conservation —Phase 1 |
1,602 | |
| Le Torre Manuscript and Fabric Rolls conservation —Phase 2 |
3,700 | |
| Incunabulas re-categorisation —Phase 2 |
6,000 | |
| Removable carpet in the Chapter House with hanging brackets |
3,041 | |
| Silver Thurible (Incense Burner) | 2,000 | |
| Choir Robes inscribed "Supplied by the Friends ofYork Minster" |
20,000 | |
| Jo ce Norton bequest to fund new members ofthe Choir |
185,000 | |
| Total a reed commitment as at31December 2023 |
236,112 |
| 2023 | 2022 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Creditors | |||||||||||
| Accruals | 7,960 | 4,889 | |||||||||
| Balance | of | reed | Grants | not | ets | nt | —see | Note | 9.1 | 236,112 | 67,704 |
| 244,.072 | 72,593 |
| 0.Staff | Costs and T | rustee Rem | uneration | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| Em lo |
ent costs | ||||
| Wages and salaries Pension, Health Insurance |
and National | Insurance costs | 12,620 1,357 |
12,615 1,304 |
|
| 13,977 | 13,919 |
| 1. Fixed A | ssets | |
|---|---|---|
| Office | ||
| Equipment | ||
| Cost | ||
| At 1Janua | and 31December 2023 | 3,059 |
| De reciation: | ||
| At 1Janua | and 31December 2023 | 3,059 |
| Net book value | ||
| At31December 2021and 31December 2023 |
| 2.Debtors | |||
|---|---|---|---|
| 2023 | 2022 | ||
| Accrued Income (Legacies, Bank and Deposit Account interest) Recoverable Tax Gift-aid |
10,179 3,926 |
3,165 4,530 |
|
| 14,105 | 7,695 |
| 3.Funds | |||||
|---|---|---|---|---|---|
| Balance | Balance | ||||
| Forthe year ended | 31December 2023 | 1January 2023 |
income | Expenditure | 31December 2023 |
| Unrestricted —General |
408,548 | 68,956 | 130,620 | 346,884 | |
| Total Unrestricted | Funds | 408,548 | 68,956 | 130,620 | 346,884 |
| Restricted Funds: |
|||||
| Joyce Norton Fund |
165,387 | 45,206 | (208,383) | 2,210 | |
| Total Restricted Funds | 165,387 | 45,206 | 208,383 | 2,210 | |
| Total Funds | 573,935 | 114,162 | 339,003 | 349,094 | |
| Balance | Balance 31 | ||||
| Forthe year ended | 31December 2022 | 1January 2022 |
Income | Expenditure | December 2022 |
| Unrestricted —General |
287,939 | 202,038 | 81,429 | 408,548 | |
| Total Unrestricted | Funds | 287,939 | 202,038 | 81,429 | 408,548 |
| Restricted Funds: |
|||||
| Joyce Norton Fund |
164,948 | 439 | 165,387 | ||
| Total Restricted Funds |
164,948 | 439 | 165,387 | ||
| Total Funds | 452,887 | 202,477 | 81,429 | 573,935 |
| 4.Analysis of Net Assets by Fund | |||
|---|---|---|---|
| Forthe year ended 31December 2023 | Fixed Assets |
Net Current Assets |
Total Funds |
| Restricted Fund |
2,210 | 2,210 | |
| General Funds |
346,884 | 346,884 | |
| Total Funds | 349,094 | 349,094 | |
| Forthe year ended 31December 2022 | Fixed Assets |
Net Current Assets |
Total Funds |
| Restricted Funds |
165,387 | 165,387 | |
| General Funds |
408,548 | 408,548 | |
| Total Funds | 573,935 | 573,935 |
| 6.Comparative Sta |
te | ment of Financ | ial Activities f | or the year ended 3 | 1December | 2022: |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| Income and Endowments | from: | |||||
| Donations and Legacies Charitable Activities |
164,326 8,642 |
164,326 8,642 |
||||
| Activities to Generate Funds |
21,662 | 21,662 | ||||
| Other Trading Activities Investment Income |
—cards, diaries, books, | bags | 5,482 1,926 |
439 | 5,482 2,365 |
|
| Total income | 202,038 | 439 | 202,477 | |||
| Expenditure on: Raising funds |
13,855 | 13,855 | ||||
| Charitable activities: |
||||||
| Grants | 49,596 | 49,596 | ||||
| Activities | 9,886 | 9,886 | ||||
| Publishin | 8,092 | 8,092 | ||||
| Total expenditure | 81,429 | 81,429 | ||||
| Net (expenditure) /income |
and net movement | in funds | 120,609 | 439 | 121,048 | |
| Total funds brou tforward |
287,939 | 164,948 | 452,887 | |||
| Total funds carried forward | 408,548 | 165,387 | 573,935 |