NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2021

Page 1.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
CONTENTS
PAGES
Trust Information
Truste88' Annual Report
3to5
Independent Examiners. Report
Statement of Flnancial Activibes
Balance Sheet
Notes to the Accounts
9t011

Page 2.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
TRUST INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2021
Trustees
Chair
John Dickinson (Resigned 31st January 2022)
Adam Waugh {Appointed 31st January 2022)
Rèv D R J Holloway
Dr E Jones
Mrs E Browne-swinbume
Mr J Cockbum
Mrs Joy Hamilton
Trustees Remuneration
No Trustee shall receive remuneration. or be int6rest8d in th8 supply of work or goods, at the cost of the
Charity.
S8cretary
Mrs G M Mackie
29a Princes Road
Newc8Stle upon Tyne
NE3 SAL
Bankers
Lloyds TSB Bank PLC
102 Grey Street
Newcastle upon Tyne
NE99 1SL
Independent Examiner
Derek Reah
Reah & McBride
C8rtif18d Accountants
Suit• 2B
North Sands Business Centre
Liberty Way
Sundedand
SR6 OQA
Charity Number
219696

Page 3.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
TRUSTEES. ANNUAL REPORT F
R TrIE YEAR ENDED 31ST DECEMBER 2021
The Trustees are pleased to present their report together with the financial statements of the Charity for
the year ended 31 st D6c&mber 2021.
By a S¢hem8 of the Charity Commission sealed on 18th S8Ptemb8r 1980 the CharitTr9s ¢all8d The
Northern Counties Orphan Institution (founded in the year 1864). The George Donkln Fund, and Ihe
Charity of Hannah Ochiltree were administrated and managed together as one Charity under the title
Northern Counties Orphan's Benevolent Society. The Adamson Memorial Fund and the Adamson
Memorial Chapel Fund were exGluded from the Scheme b8cause there was no trace of these small
funds being registered charities. By a further Scheme of the Charity Commission sealed on 24th
January 2000, the name of the Chanty was changed to THE NORTHERN COUNTIES CHILDREN'S
BENEVOLENT SOCIETY.
Structuro, Governan￿ and Manag•mont
Constltutlon
The object of the Charity is that it shall be for the benefrt of chiklren who are in need through sickness,
disability or other causes and who are resident in the area of benefrt with a preference for children who
are orphans and in special cases the benefit of children as aforesaKI who are resident elsewhere in
England or Wales.
There have been no changes in the objectives Sin￿ the last annual report.
Mothod of appolntm•nt of •l•¢tlon of Tru•tw•
The body of the Trustees when complete shall o)nsist of eight persons. New Trustees Shall be
appointed by the continuing Trustees.
Pollcl•8 adw•d lor th• Inductlon and trnlnlng of Tru8to08
There are no formal procedures for the Inductlon and training of Trustees. Senior Trustees ensure, on
an infomal basis, that new Trustees are glven adequat8 infomats'on to ensure that they have knowledge
of the Charity and their role.
Organlsallonal structure and docislon maklng
Trustees carry out Ihe decision making process in a committee of unpaid individuals with relevant
experience in the fields of medicine, finance, the law and children's care. This commrttee deals with
fundln9 and Inv•#tm•nt docisions.
Trustees meet at least four times 8 year to conslder all appIl￿tIonS for support and other applications for
funds.
Related party transactlon8
The Trustees are not employed by the Charity or any other party to which the Charity makes grants. No
Trustee takes part in any decision of the Charity where they or a projéct wilh which they have an interesl
might benefit.
Risk management
The Trustees have assessed the major risks to vthich th8 Charity is exposed. They consider that the
major risks are in th8 area of invesknent management and the control of the reconciling of donations
receivable. Systems have been implemented by the Trustees to mitigate these risks and they consider
the controls to be adequate and appropriate. effectiveness of these controls is reviewed on an
ongoing basis.

Page 4.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021
Conlinued
ObJectlvès and Activltles
Policies and objectives
The main area of benefits shall be the Counties of Cheshire. Cleveland, Cumbria, Durham, Greater
Manchestèr. Humb8rside, Lancashire, Merseyside. Northumbedand, North Yorkshire. South Yorkshire,
Tyne and Wear and West Yorkshire.
Strntegies for achiovlng obJKtIv•s
The Truslees take all reasonable steps to fully 8nquir8 into the circumstances arislng from th6 request of
support including the financial circumstsnces. Usually home visits where possible are undertaken to
review matters with the applicants and reports are obtainéd from relevant medical. school or other thlrd
parti8s who Can provide supporting evKlence and infomiation.
Actlvltlos for achioving objoctivos
The Charity mak8s use of the ￿nsiderable knowledge and contacts available to it from its Trustee
membership to ensure that relevant support needs are brought to the attention of the Charity. As th8
demand for funding 8xcaèds the supply of funds available to the Charity. it is abl8 to ohoose those
projects and posts that most closely match its objectives.
Grant maklng pollclos
The Charity currently offers support in the form of contributions towards sthool fees, school clolhlng etc.
Invariably Ihe need for support arises through the premature death or severe illness of the major
breadwinner, or the break-up of the family unit. Th8 financtal ¢ir¢umstsn¢es of the family are fully
enquired into by the Trustees before an award is made.
Flnanclal actlvlty
During the year grants totalling £146896 vfftre awarded to 31 individual benefi¢iaries.
The Trust's capital funds have been invested in a portfolio of sp8cial and wider range securities. There
were revaluation profit on investments during the year of £257278 representing 12.6% of the market
value at 31sl December 2021.
ststemont of Trustee8' Rosponslbllltles
The Trustees are responsible for preparing the Annual Report and the financial statements in
accordanc8 with 8ppIic8ble18w and United Kingdom Generally Accepted A¢￿Unting Practice.
The Trustees are required to prepare financial ststements for each financial year which give a true and
fair view of the slale of affairs of the Ttust and of the Statement of Financial Activities of the Twst for that
period. In preparing those financial statements the Trustees are required to..
Selecl suilable accounling policies and then apply consistently;
Make judgements and estimates that are reasonable and prudent., and
Prepare the financial statements on the ongoing concem basis unless it is inapproprFate to
presume that the Trust will ￿ntinUe to operate.

Page 5.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021
Continued
The Trustèes are responsible for keeping proper records which disdose Ihe reasonable accuracy at any
time the financial position of the Trust. Thèy are also responsible for safèguarding the assets of the
Trust and h8nc8 for taking reasonable steps for prevention of and detection of fraud and other
Irregularities.
On behalf of the Trustees
A. Waugh
Trustee
Date

Page 6.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTHERN COUNTIES
CHILDREN'S BENEVOLENT SOCIETY
I report to the trustees on my examination of the accounts of Ihe North8m Counties Children's
Benevolent Society for the year ended 31* Decembar 2021.
This report is made solely to the Trust's Trustees, as a body, in accordano with part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the
Trust's Trustees those matters l am required to state to them in an Independent Examin8r's report and
for no other purpose. To th8 fullest extent pennitted by law, I do not accept or assume responsibility to
anyonè other that the Trust and the Trust8es as a body. for my work or for this rep¢)rt.
RESPON
IBILITIE
AND BASIS OF REPORT
As the charity trustees of the Trust you ar8 responsibb for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011{Ihe Act.).
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011
Act and in carrying out my examination I have followed all th8 applicable Th'rections given by the Charity
Commission under section 145(5)(b) of the Act.
DEPENDENT EXAMINER'S STATEM
NT
I have completed my èxamination. I confirni that no material matters have ￿rne to my attention In
connection wlth the examination givlng me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the
Act., or
2. the accounts do not accord with those records: or
3. the accounts do not comply with the applicable requirements conceming Ihe fom and content
of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement thal the accounts give a fair and 'true vTrew' which is not a matter considered as part
of an independent examination.
I have no concems snd hove com• atross no oth•r mattorB in eonnoction wlth th• oxamination to whlch
attention should be dravm in thls report In order to enable a kYop6r understanding of the a￿nts to be
reached.
Derek Reah
REAH & MCBRIDE. Certified Accountants
Suite 2B
North Sands Business C8ntre
Liberty Way
Sunderland
SR6 OQA
Date".

NORTHER
COUNTIES CHILDREN'S BENEVOLENT SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2021
Income
Endowment
Fund
Fund
Page 7.
Total
Funds
2021
Total
Funds
2020
Notes
INCOME
Incom8
Donations and18gacies
Sir John Priestman Charity Trust
Trustees of the late J S Frazer
Trustees of M61ville Weir deceased
Donations
2350
1000
5000
240
2350
1000
5000
240
2350
1000
5000
2446
Investment income
Dividends
Bank interest
79137
79137
79022
30
TOTAL INCOME
87727
87727
89848
EXPENDITURE
Investment management fees
5714
5714
4866
Charilable activities
Education and clothing grants
Support costs
Gov8mance costs
Othér resourc8s expended
146898
7523
840
1872
146896
7523
840
1872
32466
7523
810
1872
157131
157131
42671
TOTAL EXPENDITURE
162845
162845
47637
NET (EXPENDITURE) BEFORE
GAINSILOSSES ON INVESTMENTS
(75118)
(75118)
42311
Gainsl(losses) on investments
24699
232579
257278
(76928)
NET INCOMEIIEXPENDITURE)
AND MOVEMENT IN FUNDS
(50419)
232579
182160
(34617)
TOTAL FUNDS AT 1 ST JANUARY 2021
157328
1612565
1769893 1804510
TOTAL FUNDS AT 31ST DECEMBER 2021
106909
1845144
1952053 1769893

Page 8.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
BALANCE SHEET A
AT 31ST DECEMBER 2021
Notes
2021
2020
FIXED INVESTMENTS
Investments at market value
2037253
1784460
CURRENT ASSETS
Short tem deposits
Cash al bank
4179
42946
4179
33371
47125
37550
LIABILITIES.. AMOUNTS FALLING DUE
WITHIN ONE YEAR
816
NET CURRENT ASSETS
46285
36734
TOTAL ASSSETS LESS CURRENT
LIABILITIES
2083538
1821194
D8f8rr8d grants payable
131485
51301
NET ASSETS
1952053
1769893
INCOME FUND
Unrestricted
106909
157328
CAPITAL FUND
Endowment
1845144
1812565
1952053
1769893
Approved b the Board of Tru
on
IIA. Waugh
Trusts8
..Mrs G M Mackie
Secrgtsry
The notes on pages 9 to 11 fi)rm part of these accounts

Page 9.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
NOTES TO THE FINANCIAL STATEMENTS AT 31 ST DECEMBER 2021
ACCOUNTING POLICIES
1.1 Accountin
convention
The financial ststemènts have been prepared under the historical cost convention, with items
recognised at cost unless otherwise stated in th8 relevant notes. The financial statemenls have
been prepared in accordance with the Statement of Recommended Practice. Accounting and
Reporting by Charitbes preparing their accounts in ac¢ordance with the Financial Reporting
Stsndard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014. the
Financial Reporting Standard applicable in United Kingdom and Republic of Ireland (FRS 102), the
Charit18s Act 2011 and UK G8neralty A￿pIed Practice as it applies from 1 January 2015.
The charity constitutes a public benefft entity as defined by FRS 102.
Tha financial statements have been pr8pared to give a 'true and fairf view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a
'true and fair vi8w'. This departure has involved following AcrxJunting and Reporting by Charities
preparing their a¢counts in accordanc8 With the Financial Reporting Standard applicable in th8 UK
and Républic of Ir81and (FRS 102) issued on 16 July 2014 rather than the Acwunting and
Reporting by Charili6s: Statement of Recommended Practice effective from 1 April 2005 which has
since been withdrawn.
1.2 Fund accountin
General funds are unrestricted funds which are avaibable for use at th8 di8¢xetion of the trust6es in
furtherance of the general objectives of the charity and which have not been designated for other
purpos88.
Designated funds comprise unrestrfcted funds that have been set aside by the trust88s for
particular purposes. The aim and use of each designated fund is set out in the notes to the
financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed
by donors or which have been raised by the charity for particular purposes. The costs of raising
and administrating such funds are charged against the specific fund. The aim and use of each
restricted fund is set out in not8S to the financial ststements.
Inveotrnent inGome, 9aino ond I*￿8￿0 ar• allo¢at•d to th• appropriAta fund.
1.3 Investments
Investments aré valued at market value on 31 st December 2021. The statement of financial
aotiwties indudes the n8t gains and k)sses arising on revaluation throughout the year.
1.4 1
min
and ex
nditure
Income from investments is credited on a receipts basis. Expenditure Is charged on an accruals basis.
Grants payable are:
Agr88d grants paid during th8 year
Agreed grants which have not b8en paid which are payable on the satisfadion of a wndition on
the part of th8 grantee which has not been satisf￿.

Page 10.
NORTHERN COUNTIES CHILDREN'S BENEVOLE￿ SOCIETY
NOTES TO THE FINANCIAL STATEMENTS AT 31ST DECEMBER 2021
Continued
rt costs
Secretarial fees are apwjrtioned beiween Support Costs and administration.
1.6 Govemance costs
Governance costs comprise all cost involwng public acwuntsbility of the Charity and its
Complian￿ with regulations and good practice. These costs include cost related to statutory audit
or examination and legal fees.
1.7 Realised alns and losses
All gains and losses are taken to th8 stalement of financial actNities as they arise. Realised gains
and losses on investments are calculated as the differencA8 between sales proceeds and opening
market value {purchase date rf later). Unrealised gains and losses are calculated as th8 difference
be￿een the mark8t value at the year end and opening market value (or purchase date if later).
Realised and unrealised gains are not separated in the Stslemenl of Financial Activities.
1.8 Cash flow statement
The Trustees have taken advantsge of the exemption conferred by FRSI to disp8ns8 With the
requirement to prepare 8 cash flow ststement on the grounds that the tru6t qualifies as a small
entity.
Other
ex
nde
Secretadal
1872
1872
Transfer behveen f
During the year monies have be8n transferred from the endowmént to the income fund to enable an
increase in the level of support provided 8s grants.
Inve8tm8nt8
2021
2020
Market valu8 at 1st January 2021
(Reduction) in investments
Net investmenl gainsl{l¢)sses) (unrealised)
Net investmeni gainsl (losses) (realised)
1784460
(4485)
211086
46192
1861388
(42323)
(34605)
Market value at 31st De￿rnber 2021
2037253
1784460
Cost at 31 st D8eember 2021
1757554
1708912
Unrestrict8d funds
2021
2020
General fund
Adamson Memorial Fund
Adamson Memorial Chap81 Fund
93453
146872
5866
4590
4590
106909
157328

NORTHERN cOu￿riEs CHILDREN'S BENEVOLENT SOCIETY
NOTES TO THE FINANCIAL STA
Page11.
MENTS AT 31ST DECEMBER 2021
Continued
Pemianent endowment
The permanént endowment fund was established under a scheme approved by the Charity
Commissioners on 18th September 1980. The income of the fund is available for general
purposes.
Reconciliation f fun
or the
ar ended 31st December 2021
Unrestricted
Pemianent
ndowm8nt
Total
At 1 st January 2021
Net movements of resourc8s in year
157328
(50419)
1612565 1769893
232579 182160
Balance carried forward at 31 st December 2021
106909
1845144 1952053
R6pr8sented by..
Investments
N81 current assets
Deferred grants payable
192109
46285
(131485)
1845144 2037253
46285
(131485)
106909
1845144 1952053