THE OLIVE & NORMAN FIELD CHARITY ACcOUTr￿s FOR THE YEAR ENDED 31" DECEMBER 2023 CONTENfs PAGE Report of the Trustees 1&2 Independent Examiners Report to the Accounts Ststement of Financial Attivities Balance Sheet Notes to the Accounts REGISTERED CHARrrY NUMBER.. 208760n THE OLIVE AND NORMAN FIELD CHARrrY REG15tERED CHARrrY NUMBER 20876012 REPORT OF ThE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The Charity commenced operations on 13 December 19&8. its regulatory scherne having been approved by the Charty Commissioners on 5 September 1988. The purposes of the charity are the relief in sickness of needy persons and such other char.itable purposes as the Trustees think fft. The Inrtial funding of the charity was provided by the sale ot the property and land known as Morris Grange which was operated by the North Yorkshire County Branch of the British Red Cr055 Society, as a holiday home. TRUSTEES, RESPONSIBILlnES: The Trustees are required under the Charities Att ￿93 to prepare financial statements for each financial year which ￿ve a true and fair view of the state of the charitvs financial activrties during the year and of rts financial position at the end of the year. n preparingthose finanthal sLitements, the trustees are required to follow best practice and: select suitsble accounting pollcies and then apply them con5iStently, make judgements and estimates that are reasonable ènd pwdent. state whether applicable accounting standards and statements of recommended practice have been followed, subjett to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is Inappropriate to assume that the charfrty will continue in operatiorL The trustees are responsible for: keeping proper accountlng records which disclose with reasonable accuracy at any tirne the nancial position of the charrty and which enable them to ensure that the financial statements comply wtth applicable law and regulation5 safeguarding the assets of the charty and hence for tsking reasonable steps for the prevention and detection of fraud and other irregulariti.es. THE OLIVE AND NORMAN FIELD CHARrrY REG15fERED CHARITY NUMBER 20876012 REPORT OF THE TRUSTEES- CONTINUED The Trustees during the period have been Mrs P Chapman Chalrman Mrs E Brereton Vice Chairman Mr l Temple Ms S Runnacles Nominated by Stothn Council - Representats"ve Tee51de Counals Mrs A Craggs Nominated by Durham County Counc41 Mr K Podmore Mrs J Crampton Nominated by Dementia Awareness Mr G Blythe M5 P Park The chariVs attlvities for 2022 are summarised below: Trustees Meeting Held Grant Applications Received Grants Awarded Grant Applications Dedined Grant Applications Withdrawnlrefunded Grant Appllcations- more information required loo 63 19 12 This report wa5 approved by the Trustees on .......-.............._... and is signed on their behalf by 2024 Patrioa Chapman (Mrsl Chairman Olive & Norman Field Charity West End House Chapman's Court Catterick North Yorkshire Inde endent Examlnerfs Re ort on the Accounts Report to the trustees/members of THE OLIVE & NORMAN FIELD CHARITY Registered charity number On accounts for the year ended 20876012 31" DECEMBER 2023 The charity's trustees are responsible for the preparation of the accounts. The charivs trustees consider that an audit 15 not required for this year under settion 144 of the Charities Att 20111.the Charities Art") and that an independent examination is needed. It is my responsibllity to- examlne the accounts under section 145 of the Charfties Act, to follow the procedures laid down in the general Direction5 8iven by the Charity Commission (under section 145{5llbl of the Charities Act. and to State whether particular matters have come to my attention. My examination was carried out in accordance with general Direttions given by the Charty Commlssion. An examination indude5 a review of the accounting records kept by the charlty and a comparison of the accounts presented with those records. It also indudes consideration of any unusual items or disclosures in the accounts, and seeking explar13tions from the trustees concerning aFTy such matter& The procedures undertaken do not provide all the evidence that would be required in an audiL and consequently no opinion 15 ￿'Ven as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. In connettion with my examination, no matter has come to my attention l. which grves me reasonable cause to believe that in, any material respect. the requirements: to keep accounting records in accordance with settion 130 of the CharSties Act; and to prepare accounts which accord with the accounting records and comply wlth the accounting requirements of the Charities Att have not been met: or 2. to which. in myopinion. attention should be drawn in orderto enable a proper understrdnding of the accounts to be reathed. Signed Date 06 )z4 lan Smithson Chartered Public Finance Accountant 3 Orchard Court Romanby Northallerton North Yorkshire DL7 8DQ THE OLIVE AND NORMAN FIELD CHARITY REGisfERED CHARrrY NUMBER 20876012 srATEMENT OF FINANCIAL AcnvrriES FOR YEAR ENDED 315r DECEMBER 2023 Note5 2022 2023 INCOMING RESO Investment Income Bank Interest Donation Bank goodwill payment Grènts Refunded 24,289 23,398 389 25,000 50 964 TOTAL INC MING RESOURCES 24,289 49.801 URCES EXPENDED Grants to Applicants Hlre of FaclliUe5 Insurance Website development & maintenance Administration servlces Office equipment. postsge and sundrfes Mileage 22,175 1.386 96 546 1,455 614 104 29,315 331 96 1,062 2,095 245 221 26,376 33,365 NEf INCOME ENDftURE FOR THE YEAR 12.0871 16,436 ATEMENT OF RECOGhllSE AINS Net Income (Expenditure) for the Year Investment gain realised Investment Gain/lLossl unreallsed {2,0871 16,436 50,OCh) 23,402 1112.2471 Net Movement In Funds for the Year {114,3341 89.837 Funds Brought Forward 912,155 797,821 Funds Carried Forward 797,821 887,659 THE OLIVE AND NORMAN FIELD CHARITY REGISTERED CHARITY NUMBER 208760/2 BAIANCE SHEET AT 31ST DECEMBER 2023 NOTES 2022 2023 FIXED ASSErs Investments (Market Value) 812 011 CURRENT ASSErs Cash at Bank and on Deposit CURRENT LIAIBILITIES Hire of Facilities and Services 445 122 Unrestrirted Fund Approved by the Trustees on and signed on their behalf. . 2024 TRU5fEE THE OLIVE AND NORMAN FIELD CHARITY REGISTERED CHARITY NUMBER 208760/2 NOTES ThE ACCOUNTS FOR THE YEAR ENDED 31- DECEMBER 2023 I ACCOUNTING POUCIES.. Basis Of Pre aration Of Accounts The accounts are prepared under the historlc31 cost convention and indude the results of the charitvs operations which are described in the Trustees Report and all of which are continuing. The accounts have been prepared in accordance with the Statement of Recommended Prattice for charity accounts. The charity has tsken advantage of the exemption in Finanaal Reporting Standard No l from the requlrement to produce a cash flow ststement on the grounds that it qualifies as a small charity. b) Investrnents Investments are stated 3t market walue. Realised and unrealised gains and losses on investments are dealt with in the Ststement of Finanaal Activities. Investment income plus assoaated tax recoverable is credited to Income on an accruals basis, using dates of payments for dividends and daily accruals for interest. REMUNERATION OF TRUSTEES: No remuneration was paid to Trustees in the year. 2022 2023 CASH IN BANKAND IN HAND Business Saver Account 50.390 Bank Current Account 9,655 25,380 Petty c3sh 9.657 75.rn