ANNUAL REPORT & FINANCIAL STATEMENTS 2024-25 Yorkshire Funders ## CHAIR’S INTRODUCTION It is with real pride and optimism that I introduce our third Annual Report for 2024/25, marking a year of bold steps forward for Yorkshire Funders. 2024/25 was not just a year of continuity, but of clear progress. We’ve grown stronger as a network, deeper in our influence, and sharper in our focus. In a time of continued social and economic strain, the need for funders to be more collaborative, open, and effective has never been greater. Yorkshire Funders has responded with ambition, clarity, and action. This year **, membership grew to 73 organisations** , an 11% increase from our inaugural year, cementing our position as one of the UK’s most dynamic regional networks for grantmakers. The diversity of our members - from national funders to local authorities, community foundations, corporates, infrastructure bodies, and individuals - has made our conversations richer and our collective learning more powerful. **We launched our inaugural Members’ Day** , creating a dedicated space for reflection and action on funder effectiveness. We expanded our events and training offer, supported key initiatives such as the **Yorkshire Common Application Form,** and crucially, we appointed our **first staff member** , significantly increasing our ability to deliver meaningful work. **0 2 | A N N U A L R E P O R T 2 0 2 4 - 2 5** Our members reported high levels of satisfaction - with **63% rating membership as ‘highly valuable,’** and many citing our training, networking and collaborative opportunities as key benefits. This is not just encouraging; it’s a mandate to go further. Importantly, we’ve seen a real shift in funding behaviours across the network: more **core and unrestricted funding,** more **multi-year grants,** and growing commitment to **open, trusting** relationships - backed by initiatives like IVAR’s ‘Open and Trusting Community’ and more networks and opportunities to meet with and learn from one another. All of this lays a solid foundation for our ambitions in 2025/26 with our **four** ## **strategic priorities:** 1. **Growing our membership** - with a clear goal to reach 100 members by 2026, while retaining the quality and engagement that defines us. 2. **Bringing people together** - continuing to offer inclusive, thought-provoking events that spark collaboration and long-term partnerships. 3. **Championing best practice** - through training, peer learning, and by supporting our members to adopt shared tools and principles around transparency, diversity, and equality. 4. **Driving Regional Change** - positioning Yorkshire Funders as a key voice for philanthropy and funding in the region. Achieving all of this will depend on building a **diverse, sustainable income base,** including continued support from our core funders, event income and member contributions. Any surplus from this year will be used to strengthen our staffing and capacity in 2025/26. My appreciation goes to my fellow trustees and the small but mighty team of Alex, Carla and Jan who continue to maintain the high regard our members and partners have for Yorkshire Funders. Yorkshire Funders is about more than sharing knowledge - it’s about shifting how funding happens. And in 2024/25, we showed what’s possible when funders come together with humility, ambition, and purpose. I look forward to what we can achieve together in the year ahead. ## TIM CUTTS _Yorkshire Funders, Chair_ **0 3 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## LEGAL & ADMINISTRATON INFORMATION ## **Trustees** Peter Timothy Cutts Chair Gemma Brookes Trustee Resigned & Reappointed 18th November 2024 Appointed 6th November 2023 Imogen Graham Trustee Kath Lindley DL Trustee Appointed 6th November 2023 Appointed 8th August 2023 David Warner MBE Trustee Appointed 24th April 2023 Bruce Warnes Trustee Resigned & Reappointed 18th November 2024 ## **Consultants and Staff** Jan Garrill DL Carla Marshall Alex Hartley Associate Director Consultant Events, Communication & Administration Officer ## **Registered Office** Harlig House Skipton Road Ilkley LS29 9RP ## **Bankers** HSBC 8 Canada Square London E14 5HQ ## **Auditors** Hunter Gee Holroyd Club Chambers Museum Street York **Charitable Incorporated Organisation Registration Number: 1196519** YO1 7DN **0 4 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## OBJECTIVES ## **Charitable Purpose** The objects of Yorkshire Funders CIO are: The promotion of the effective use of resources for charitable purposes by charitable and non-charitable bodies in Yorkshire and the Humber for the benefit of the public by: - providing advice and information, particularly on funding and social investment. - promoting opportunities to facilitate cooperation and collaboration. providing resources and funding. - providing training and information and facilitating the exchange of information, knowledge and experience. - enabling funding organisations to provide support and funding more effectively. Yorkshire Funders’ constitution is of a Charitable Incorporated Organisation with voting members other than its charity trustees. ## **Aims & Public Benefit** Yorkshire Funders provides opportunities for local funding organisations of all sizes and from all sectors to think, share, learn and act together in order to be more effective and boost their impact on Yorkshire people and places. **0 5 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## ACHIEVEMENTS Yorkshire Funders solidified its place as one of the most effective and influential regional networking and learning organisations for grantmakers in the UK. _*Validation from IVAR._ 73 grant-making organisations became Yorkshire Funders’ members during the second official membership year, 11% more than the 66 members in our first year. As a network, we are proud of the reach we achieve across all the various types of funders: - Independent Trusts and Foundations (including national funders based in- and outside Yorkshire) - Community Foundations - Corporate Foundations - Local Authority and other Public Sector members - Infrastructure Support Organisations - Professional support businesses/advisors - Individuals Having such a diversity of members brings rich insights and reminds all of us that there is no one single way to distribute funds, but we all share the common goal of making the best impact we can with our funds. **0 6 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## ACHIEVEMENTS Members have continued to be well engaged in Yorkshire Funders’ programme of activities and continue to give overwhelmingly positive feedback on the charity’s activities, including offering suggestions for future training, which are welcomed. In the charity’s annual satisfaction survey, **63% of members rated their membership as being highly valuable** , with the remainder rating it as quite valuable. Members are also encouraged to provide feedback on the charity and what it can improve in the future: _**“It offers a fantastic way to connect with other like-minded organisations, right across the Yorkshire and Humber region. The quality of service is amazing, you always feel valued. We are so lucky to be part of Yorkshire Funders!”**_ Yorkshire Funders continued to grow its membership in 2024/25, enabling the charity to hold more events and activities in 2025/26 and to recruit our first member of staff. We appointed Jaeesha Ali in March 2024 and following Jaeesha’s resignation in September 2024, we appointed Alex Hartley in January 2025. Jan Garrill and Carla Marshall offer their support as Associates and together the three team members ensure we give members and partners a sustained and good quality programme of support and activity. Having a paid member of staff has made a significant difference in how we work, giving us the capacity to ensure our events remain well managed and engaging whilst also having the ability to set longer-term goals for membership growth, developing our offer to members and ultimately ensuring we serve our mission of a Yorkshire where communities thrive, opportunities are accessible to all, and lives are improved through equitable and effective funding. **0 7 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## PROGRAMME OF ACTIVITY Our core activity comprises three main activities: ## 1. **Events and Training - including in-person and online events plus our Annual Conference and Members’ Day** ## 2. **Regular communication via newsletter and website** ## 3. **Developing partnerships and collaborations** - All of our activities above are funded through a combination of: - **Membership fees** - **Corporate sponsorship** - **Core support from members Income from events and training** ## **Events and Training** 2024/25 featured a packed programme of 17 events, combining learning, networking and continuing professional development. As well as the Annual Conference, a highlight for the Yorkshire grant-making community, these events took place both in person and online, according to the material being covered and the type of session delivered. In 2024, we established our Member’s Day and AGM in the autumn as a sister to the Annual Conference in the summer. Both these events are ‘must attend’ opportunities for members to spend quality time with each other and experts in the field of funding to reflect and learn. Our training and webinar programmes included specific areas of training around grantmaking designed to upskill funders and trustees, and general topical discussions led by experts in their field, encouraging best practice, process development and trends from within the sector. Many of the sessions held stemmed directly from feedback from members, as well as the network of VCSE experts connected to Yorkshire Funders’ trustees and Associate Director, all of whom work for and/or are on the board of a grant-making organisation. **0 8 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## PROGRAMME OF ACTIVITY Online events are free for members as a benefit of membership and in-person training events remain keenly priced, with member- and non-member rates offered. We are grateful to Wrigleys and Quilter Cheviot who provide their board rooms free of charge for many of our training events. This allows us to offer members good venues within our goal of events being affordable for funders. An online feedback survey was sent to all participants after every in-person training workshop or event. Where appropriate, an event summary as well as useful resources were posted on the Yorkshire Funders website: ## **- - www.yorkshirefunders.org.uk/resources/resources from events/** ## **- Events Held in 2024 25** **0 9 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## PROGRAMME OF ACTIVITY 164 members attended a wide range of online workshops in 2024/25, with 93 attendees at in-person training sessions during the year. The charity’s marquee conference in June attracted 118 delegates, with 68 attending the November Members’ Day & AGM. ## **Member Communications** ## Monthly Sector News Update Yorkshire Funders researched, curated and distributed a monthly e-newsletter via Mailchimp, containing information and news from influential third sector organisations including NCVO, PBE, IVAR, NPC, Joseph Rowntree Foundation, Centre for Social Justice and ACF. The newsletter also featured events and job adverts for trustees and employees at local grant-making organisations. ## www.yorkshirefunders.org.uk The website was updated on a regular basis, with key news from the sector and an updated events programme. The resources page of the website continued to be an important source of information for members, with information from events held and the wider sector featured. ## LinkedIn Yorkshire Funders continued to be active on LinkedIn and to build an online network within the sector, sharing member news, articles and events of interest. ## **Partnerships and Collaboration** ## Corporate Partners The charity is incredibly grateful for McInroy & Wood and Wrigleys Solicitors’ support in 2024/25. Both companies provided vital financial support and Wrigleys also provided its board room for training events as well as speaking at a number of events. Yorkshire Funders’ Associate Director, Jan Garrill, also established a strong working relationship with the Yorkshire office of the investment management firm Quilter Cheviot, who provided a training room. **1 0 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## PROGRAMME OF ACTIVITY ## Yorkshire Common Application Form (YCAF) & Aligned Working Network Yorkshire Funders continued to promote the adoption of the YCAF and by March 2024 had 13 local grantmakers using the application form. The newlyformed Aligned Working Network, which met online three times during the 2024/25 period, took responsibility for reviewing the YCAF and made updates to the form to ensure it works well both for grantseekers and grantmakers. The Aligned Working Network also started discussions about creating a Common End of Report Form as many grantholders have also expressed an interest in this. ## Local Funders Forums and Funding Advice Workers Network (FAWN) Yorkshire Funders’ Trustees and Associates continued to attend the South Yorkshire and Wakefield Funders Forums, learning from these groups and sharing information. Yorkshire Funders Associates also maintained regular contact with the FAWN Secretary and Chair, ensuring they could share intelligence at events and in the newsletter. ## Membership Scheme During 2024/25, the Yorkshire Funders team continued to work hard to build up funds and ensure sustainability for the long term, reaching 73 members by March 2025. Grantmakers from Cumbria and Lincolnshire also became members as they had heard such good things about Yorkshire Funders and didn’t have a similar network in their regions. ## Funder Financial Support After 30 years of staffing and resource support from the Sir George Martin Trust, the Yorkshire Funders team approached a handful of other long-term attendees of Yorkshire Funders’ events who were particularly supportive of the charity’s work to see if they would become a Core Supporter and give £5,000 to enable the charity to appoint and fund its first member of staff, as well as funding Jan Garrill, former Yorkshire Funders’ trustee as the new Associate Director. It is so fantastic that The BRELMs Trust, R.E. Chadwick Charitable Trust and the Sir George Martin Trust all gave their support, which ensured the charity was in a very strong financial position by the end of 2024/25. **1 1 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## MEMBER FEEDBACK “Yorkshire Funders continues to seek and welcome feedback from its members, both in response to training received and as a general source of ideas and improvement measures to help shape the future activities of the charity. _**“We benefit in multiple ways from our involvement with Yorkshire Funders - various staff access training, the networking opportunities are really helpful and there is plenty of learning from the events.”**_ _**“It’s affordable and I feel we get a lot back for the cost.”**_ _**“I think that the range and depth of opportunities that Yorkshire Funders offers for the relatively modest membership fee is excellent. Being involved with Yorkshire Funders makes us a better grantmaker.”**_ _**“Comparing the quality and content of the Yorkshire Funders programme against the membership fee for other organisations, Yorkshire Funders offers outstanding value for money.”**_ **1 2 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## 2024/25 MEMBER OVERVIEW **1 3 | A N N U A L R E P O R T 2 0 2 4 - 2 5** **----- Start of picture text -----**
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## PLANS FOR THE FUTURE For 2025/26, the focus will be on our four strategic goals, as agreed by the trustees in 2024/25 for the next three years: 1. **Growing our membership - with an aspiration to reach 100 members by 2026.** 2. **Bringing people together - to support greater funder collaboration.** 3. **Sharing and advocating for best practice in funding - with more members signed up to good practice activity like IVAR Open and Trusting, placing their data on 360Giving and addressing the need for greater trustee diversity.** 4. **Working together to drive positive change for the region - becoming the ‘go to’ advocate for philanthropy in our region and recognised for the collective insights and funding the network can deliver.** **1 4 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## PLANS FOR THE FUTURE We will aim to achieve this in 2025/26 by: - Maintaining a diverse and interesting range of webinars and training as well as using our Annual Conference and Members’ Day face-to-face events to provide challenge and inspiration. - Improving our website generally and providing a space for members to share good practice. - Supporting the YCAF task group to develop the common application form and look to develop common monitoring approaches. - Enhancing our offer to members through increasing thematic and geographic networks where longer-term trust and collaborations might emerge. - Developing stronger partnerships with representatives of groups that are funded so that we can share their insights back to funders to help inform practice. - Determining the optimum approach to mapping and sharing data on activity and need in our region. - Building firmer partnerships with key national organisations working in the funder space - e.g. IVAR, Centre for Social Justice, PBE, NPC, CAST, 360Giving, London Funders and Funder Safeguarding Collaborative so that we can bring their insights and expertise to the network. To deliver this, we will need to build a diverse and steady income stream from membership, events and sponsorship as well as continuing to have a small number of core supporters from our network. Any surplus from 2024/25 funds will be carried over to go towards staffing and running costs. **1 5 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## GOVERNANCE & MANAGEMENT ## **Trustee Roles and Responsibilities** Yorkshire Funders is governed by a voluntary board of six trustees who are collectively responsible for the charity’s strategic direction, financial oversight and legal compliance. Trustees ensure that our work aligns with our mission and values, and that we operate transparently, sustainably and effectively. Our trustees bring a wide range of experience and insight and work closely with staff and consultants to shape and monitor Yorkshire Funders’ activities. All are active or recent past trustees or senior leaders of funding organisations in the region. They meet formally four times a year, with additional meetings as needed, and contribute actively to events, decision-making, and key areas such as finance, policy and governance. We hold our Annual General Meeting at the close of our Members’ Day in the autumn and welcome questions and discussions with members about past performance and future plans. Trustees are in effect appointed for three-year terms which are renewable up to three consecutive terms. At each AGM our constitution requires a third of trustees to resign and they can be reappointed for a maximum of three consecutive terms. Succession planning is regularly reviewed to ensure a strong mix of skills and perspectives. In 2024/25 we carried out a skills audit of trustees and identified a plan for addressing gaps in expertise. The role is unpaid, although reasonable expenses are reimbursed. ## **Commitment to Equality, Diversity and Inclusion (DEI)** Yorkshire Funders is committed to the organisation and its trustee board reflecting the diversity of Yorkshire, the people who live here and the communities our members fund. As the charity develops, it is important that the trustee board is made up of a range of different people which reflect its members and the Yorkshire region. Yorkshire Funders will work to ensure theat every individual on the trustee board and all consultants have equal opportunities by being conscious of and actively **1 6 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## GOVERNANCE & MANAGEMENT challenging bias or prejudice, to make sure no one is treated less favourably because of who they are or what makes them different from other people. We recognise we are all different in many ways and trustees and consultants with differing identities, backgrounds and experiences should all have equitable access to resources and decision making at Yorkshire Funders. We are also proactive to make sure people of different backgrounds, experiences and identities feel welcomed, respected and fully able to participate and we aim to not only create a diverse environment, but also to ensure that a culture exists where individuals can be their true selves. ## **Recruitment, Induction and Training of New Trustees** The Board keeps the skill requirements for the Trustee Body under review with the consultants. Recruitment of new trustees is promoted amongst the Yorkshire Funders’ membership and dialogue with interested parties is overseen by the Associate Director. When an individual expresses an interest in becoming a trustee, a meeting is held with the trustees, Associate Director and the Coordinator. If the board agrees, the candidate will be invited to attend a Yorkshire Funders’ board meeting and if the candidate would like to join the board, the appointment will be made. The Associate Director or Coordinator ensures that each new trustee is provided with the Trustee Guide, the Charity Commission’s Essential Trustee Document and will provide telephone, Zoom and in-person support as required. Taking part in Yorkshire Funders’ events and training sessions ensures ongoing training and professional development for each trustee. ## **Sustainability Statement** Yorkshire Funders is committed to operating in a way that is environmentally responsible and socially conscious. In 2024/25, we continued to embed sustainability into our operations, recognising our responsibility to model good practice as a values-led charity. Wherever possible, we prioritise working with organisations that align with our mission and sustainability goals. This year, we produced our website locally, supporting a Yorkshire-based **1 7 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## GOVERNANCE & MANAGEMENT provider and moved to using a B-corp certified organisation, Ticket Tailor for our event booking - ensuring our digital infrastructure reflects our commitment to ethical, transparent business practices. Our day-to-day operations remain low impact: we work remotely, keeping travel to a minimum and avoiding the need for a physical office, while paper use is limited across all activities. The majority of our events are held online, which not only increases accessibility but also reduces carbon emissions. For in-person gatherings such as our Members’ Day, we make deliberate choices to use charitable or social enterprise providers, supporting the wider social sector ecosystem while reducing environmental impact. We will continue to review and improve our practices to ensure sustainability remains embedded in how we deliver our mission. **1 8 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## PUBLIC BENEFIT STATEMENT The Directors of the CIO have considered the general guidance on public benefit issued by the Charity Commission in carrying out its objectives and activities and in delivering public benefit to the many institutions provided with financial and general help and are satisfied that the objectives fall under the provisions of the Charities Act 2011. **1 9 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## FINANCIAL REVIEW ## **Reserves Policy** The trustees agreed that the charity should generally aim for three to six months’ unrestricted expenditure in reserves which would be £10,800 to £21,600. The purpose of this is to ensure the charity can meet its contractual payments and continue providing services to its members. ## **Membership fees** The membership fees for 2024/25 were maintained at similar levels to the previous year but we amended the membership package so that members no longer received free place(s) at the annual conference. This change was implemented successfully and the 2025 conference was fully booked, with all direct costs covered. ## **Summary of fund balances at 31st March 2025:** ## **Unrestricted: £39,341** **Restricted: £12,758** ## **Commitments** The trustees had made no commitments to future capital purchases, nor given any guarantees, at the balance sheet date. Approved by the Board of Trustees on 24th November 2025 and signed on their behalf by: Tim Cutts Chair **2 0 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ## STATEMENT OF TRUSTEES " RESPONSIBILITIES The trustees of Yorkshire Funders are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; - make judgments and accounting estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. **2 1 | A N N U A L R E P O R T 2 0 2 4 - 2 5** Yorkshire Funders Charity No (if any) 1196519 Annual accounts for theperiod Period end Period start date 01/04/2024 To date 31/03/2025 ||||Restricted|||||| |---|---|---|---|---|---|---|---|---| |Recommended categories by|Unrestricted||income|Endowment||||| |activity|funds||funds|funds|Total funds|||Prior year funds| ||£||£|£||£||£| |Incoming resources (Note 3)
Income and endowments from:|F01||F02|F03||F04||F05| |Donations and legacies|38,690||-|-||38,690||47 ,209| |Charitable activities|10,385||-|-||10,385||5,585| |Other trading activities|-||||||-|| ||||-|-||||-| |Investments|-||-|-|||-|-| |Separate material item of income|-||-|-|||-|-| |Other|||-|-|||-|-| |Total|49,075||-|-||49,075||52,794| |Resources expended (Note 6)||||||||| |Expenditure on:||||||||| |Raising funds|5,952||-|-||5,952||-| |Charitable activities|38,435||12,758|-||51,193||27 ,325| |Separate material item of expense||||-||||| ||-||-||||-|| |Other||||-||||| ||-||-||||-|-| |Total|44,387||12,758|-||57,145||27,325| |Net income/(expenditure) before investment||||||||| |gains/(losses)|4,688|-|12,758|-|-|8,070||25 ,469| |Net gains/(losses) on investments|-||-|-|||-|-| |Net income/(expenditure)|4,688|-|12,758|-|-|8,070||25 ,46 9| |Extraordinary items|-||-|-|||-|| |Transfers between funds|-||-|-|||-|-| |Other recognised gains/(losses):||||||||| |Gains and losses on revaluation of fixed assets for the charity’s own use||||||||| |Other gains/(losses)||||||||| ||-||-|-|||-|-| |Net movement in funds|-||-|-|||-|-| ||4,688|-|12,758
|-|-|8,070||25 ,46 9| |Reconciliation of funds:||||||||| |Total funds brought forward||||||||| |Total funds carried forward|39,341||12,758|-||52,099||26,630| ||44,029||-|-||44,029||52,099| **2 2 | A N N U A L R E P O R T 2 0 2 4 - 2 5** ¢harfty Nam*." Yofk¥hirg Funders No Annual a￿OuntS for tha Section B eriod PeFI(Q stsrt data 0110412024 Balance sheet To period end dale.. 311Q312025 Intom4 fiJnd• Endowrn•nt Ti*•lthl• fund y￿r Tot•1 IB¥¢ laldance note lund* Flxed assots F01 F02 Foa F04 F05 INol* 101 T•nglblo a*••ts INoi• 141 Horltsg• a•*•t• (Not• 16 INoto 171 Totd fix•da*••l• 367 Currnnt a•8èts {Not• 191 INot• 191 5,960 5,960 Inv•*th¥nl• Illot• 17AI ih It blnk 4nd In hlffid INot• 241 40.224 40.224 46.613 46,184 46,164 CrodFtor•: •mount• 14lllDg du• wllhl on• ￿r (Not• 201 2.S22 2.622 1,297 N•t¢umftta•••Wlll•blllth) 4s,e82 43,e82 51,200 Totsiv•¢l• l•M ¢wr•niiiiblllll•s 44.029 44.029 2,1 Crodltors.. amouni• l•lllng dtr• *ft•r on• (Not• 201 Provl•l•M lor lthblllll•• rot•l n•t•8￿tr orll&blllt10• 44.029 44.029 32,000 Funds of th* Charlty Endowm•nt iuttds INot• 271 II•wktsd In¢om• lund8 INrt• 271 Llnr••lrfct•d lunth 44,020 44,029 39.341 Falrvalu• rw• Tof•l ftmd8 44.029 44,029 ¢ompanieJ. Th• mombws IMv•notr•qulrndth•eomp•ny (o obt•ln In &udllln •Cewth￿ •ecllon 476 of th• CornpaTrl•s The ackno￿?￿￿• tholrfwonsibllltles lorcomplfvo wlth tho roqutr•m•nts of the comp￿1•& A¢twlth The￿ •c¢owts hav• beenprop•r•dln •¢¢ord•ts&è wllh the ptr•vlslon$ appllcable to snwll¢ompanles sutyKI ro Ihe sm￿{Comp*O1•8 rnplffteandln accord￿¢* vhth FRS102 SORP. Sign&1 by orMvlru6Leesldi￿etolsCTr b¢h* of all Ihetrusieesldirrtots Prith Name Dthwapwoval CC17A (Ex 2011012025 23 | ANNUAL REPORT 2024-25 ## 2024/25 ACCOUNTS - EXPLANATORY NOTE The trustees have agreed to adopt accrual-based accounting from the 2024/5 accounts onwards. The trustees have made this decision because, as a membership organisation, they want their accounts to show the financial affairs of the charity on a true and fair basis. This is important for openness and transparency to our membership. **2 4 | A N N U A L R E P O R T 2 0 2 4 - 2 5** INDEPENDENT EXAM1ptER￿ REPIJIT TO THE TRvsfEES OF YORK9klRE FUHDERS I report to thetru5teeS Dn [mr￿arnIn3￿n of aEcourrt5 of Yorkshlre Funthr5 Ithe chadtyl forthe yearended 31tt Marth 2025. Re5Wh1￿￿111￿eS￿d ba51s C￿re￿rt As the th&rtytTr￿eeS ofthe Ehirlty VOU ate respon51tJle fvjrthe prepAiatloTr of the ar(D￿ts I accwdance whth the requtrefflents c1karl￿Art1Q1J Att, I report kn respertof ffly e￿A￿l￿atI&l of tlb2Trwte2'5 accounts carrledout uThJ2rsertloTh 145 of tlb2 2Qll Act andln cwrylry4)ut rryexwnlnJMn I Ikave foll￿k1￿ alltlb2 applbrable ￿TeCt￿Tr5 Elwe tr¥¢he chartyCommk5s1oner uThder$eCt*￿ 145{51{bl of the 2011Art. Inthperdent ex&rnknerf5 51atsrnent I ha4* compleied mw eXamI￿ri0￿. I confirmthat Th) mèterlèl maiiershwe come my attent￿1 connectlon whth the exarThlnth)n 8lvlni me cause to bellevethat Ina ny n¥terkal respxL' 111 xcounDng records were kept In respe￿ Trust4Sfewlred by settion 13Q A¢. or 121 Xc0￿nts th K*)tac(ord wlth those reccwds.. Dr I ha￿ no I￿￿eMS ènd have come across no other rThatters Income[￿n wlththe examlnatlontrkwhlch attenth)n shu￿1 t*dr3wn lTrth15 reptTrrt In ordertoenètAe A pr()p￿r Urthr5t3Th1l￿ of the ￿c¢￿￿nts to NlgEI EvEf3rd PA FCA Hunter Gee Hchlrcryd Club Clbamb2r5 Mu5ewn Street York YOI 7DN 24th SEptetTrbEr2025 25 | ANNUAL REPORT 2024-25