Cc
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
RT AND FINANCIAL STATEMENTS
REP
OR THE YEAR ENDED 31ST DECEMBER 2022

Page l.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
CONTENTS
PAGES
Trust Informalion
Tru5tees' Annual Report
3to5
Independent Examiners, Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
9t011

Page 2.
RTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
TR
ST INFORMATION
FOR THE YEAR ENDED
1ST DECEMBER 2022
Truste88
Chair
Adam Waugh
Rev D R J Holloway
Dr E Jones
Mrs E Brown8-Swinbume
Mr J Cockbum
Mrs Joy Hamilton (Resigned 5th July 2022)
Lynn Docherty {Appointed 5th July 2022)
Trustees Remuneration
No Trustee shall recelve remuneration, or b8 interested in the supply of work or goods, at the ¢ost of the
Charity.
Secretary
Mrs G M Mackie
30 Princes Road
Newcastle upon Tyne
NE3 5rr
Bank8rs
Lloyds TS8 Bank PLC
102 Grey Street
Newcastle upon Tyne
NE99 1SL
Independent Examin8r
Derek Reah
Reah & McBrid8
Certified Accountants
Suit• 2B
North Sands Business Centre
Liberty Way
Sund8dand
SR6 OQA
Charity Number
219696

Page 3.
NORTHERN C
UNTIES CHILDREN'S BENEVOLENT SOCIETY
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022
The Trustees are pleased to present their report together v￿th the financial ststements of the Charity for
the year ended 31 st December 2022.
By 8 Scheme of the Charity Commission sealed on 18th September 1980 the Charities rAlled The
Northem Counties Orphan Institution {founded in th8 year 1864), The George Donkin Fund, and the
Charity of Hannah Ochiltree were administrated and managed together as one Charity under the title
Northern Counlies Orphan's Benevolent Society. The Adamson Memorial Fund and the Adamson
Memorial Chapel Fund were excluded from the Scheme because there was no tra￿ of these small
funds being registered tharities. By a further Scheme of the Charity Commission sealed on 24th
January 2000, Ihe name of the Chanty was Changed to THE NORTHERN COUNTIES CHILDREN'S
BENEVOLENT SOCIETY.
Struduro, Governance and Management
Constltutlon
The objecl of the Charty is that tt shall bé for the benefft of ¢hildr8n who are in need through sickness,
disability or other cau$6s and who are resident in the area of benefit with a pref8ren¢e for children who
are orphans and In sp8cial cases th8 benefit of children as aforesaid who are resident elsewhere in
England or Wales.
There have been no chenges in th8 objectives since the last annual report.
Meth¢)d of appolntm•nt of eloctlon of TrustOOS
Th8 body of the Trustees when complete sh811 consist of eight persons. New Truste8s shall b8
appointed by the continulng Trustees.
Pollc1•8 adopted for th• Inductlon and trnlnlng of Trustaos
There are no fomial procedures for the induction and training of Trustees. Senior Trustees ensure, on
an informal basis. that new Trustees are given adequate inforniation to ensure that they have knowledge
of the Charlty and their rol6.
Organlsatlonal structure and declslon maklng
Trustees cary Out the decision making process in a committ8e of unpaid individuals with relevant
experience in the fields of medicine, finance, the law and children's care. This commrttee deals with
funding and Inveslfflent deGi¥ions.
Trustees meet at least four tlmes a year to consider all applications for support and other applications for
funds.
Rolatsd party tran8actlons
Thè Trustees are not employed by the Charity or any other party to which the Charity makes grants. No
Truslee takes part in any decision of the Charity where they or a project with which they have an interest
might benefit.
Rlsk management
The Trustees have assessed the major risks to which th8 Charity Is exposed. They consider that the
major risks are in the area of investment 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. The 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 2022
Continu
Objectivas and Activbties
Policles and objectives
The main area of benefits shall be the Counties of Cheshire, Cleveland, Cumbria, Durham, Greater
Manchester, Humberside. Lancashire. Merseyside, Northumberland. North Yorkshir8, South Yorkshire,
Tyne and Wear and West Yorkshire.
Stratagles for a¢hlevlng objoctiv
The Trustees take all reasonable steps to fully eTh]uire into the ¢ircumstan¢es arising from the request of
support including the financial circumstances. UsLbally home visits where possible are undertaken to
review matters with the applicants and reports are obtained from relevant medicAI, school or other third
parties who ran provide supporting evidence and infonnation.
Actlvltles for achl•vlng obJo¢tlv
The Charity makes use of the considerable 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 the
demand for funding 8xceeds the supply of funds available lo thg Charsty, it is able to choose those
projects and posts that most closety match its objedives.
Grant maklng pollcle8
The Charity currently offers support in the fomi of Contributions towards school fees, sch¢)ol clothing et¢.
Invariably the need for support arises through the premature death or severe illness of the major
breadwinnér, or th8 break-up of the family unit. The financial Gircumstances of the famlly are fully
enquired into by the Truste8s before an award is made.
Flnanclal actlvlty
During the year grants totalling £27316 were awarded to 33 indlwdual beneficlaries.
The Trust's capital funds have been invested in a portfolio of special and wider range securities. There
wera revaluation loss on investments during the year of £(145977) representing 7.7% of the market
value at 31st December 2022.
Statomont of Truste88' Rosponslbllltle•
The Trustees are responsible for preparing the Annual Report and the financial statèments in
accordance with applicable law and United lQngdom Generally Accepted Accounting Practice.
The Trustees are required to prepare financial statements for each financial year which give a true and
f8ir VI￿ of the state of affairs of the Trust and of the Ststement of Financial Activities of the Trust for that
period. In preparing those financial statements the Trust8es are required to".
Seled suitable accounting policies and then apply consistenty".
Make judgements and estimates that are reasonable and prudenL' and
Prepare the financial statements on the ongoing ￿nCern basis unless it is inappropriate to
presume that tho Trust will continue to operate.

Page 5.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022
Con
nued
The Trustees are responsible for keeping proper records which disclose the reasonable accuracy at any
time the financial position of the Trust. They are also responsible for safeguarding the assets of the
Trust and hence for taking reasonable steps for prevention of and detection of fraud and other
irregularities.
On behalf of the Trustèes
lQ4uJ
A. Waugh
Trustee
Date

Page 6.
NORTHERN COU￿￿lEs
HILDREN'S BENEVOLENT SOCIETY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTHERN COUNTIES
CHILDREN'S BENEVOLENT SOCIETY
I report lo the trustees on my examination of the accounts of the Northem Countiès Children's
Benevolent Society for the year ended 31st December 2022.
This report is made solely to the Trust's Trustees, as a body. in accordan￿ with part 4 of the Charities
(Accounts and R8POrts) 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 Examiner's report and
for no other purpose. To the fullest extent P6miitted by law, I do not accept or assume responsibility to
arbyone other that the Trust and the Trustees as a b¢)dy. for my work or for this report.
SPONSIBILITIES AND BASIS OF REPORT
As Ihe charity trustees of th6 Trust you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011(the Act.).
I report in respect of my examination of th8 Trust's accounts ¢arTied out under Section 145 of th8 2011
Act and in carrying out my examination I have folh)wed all the appllcabk8 Directions given by the Charlty
Commission under sedion 14q5Xb) of the Act.
INDEP
NDENT EXAMINER'S STAT
MENT
I hav8 compleled my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me Cause to believe that in any materlal respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the
Act., or
2. th8 accounts do not accord with those records: or
3. the accounts do not comply with the applicable requirements ￿nCernIng the form and C£￿tent
of accounls set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a fair and 'true view, which is not a matt8r considered as part
of an Independent examination.
I have no concèm? and havg eom• across no oth8r matters in connection with the examination to which
attention should be drdvm in this report in order to enable a prop8r understsnding of the account8 to be
r8ached.
Derek Reah
REAH & MCBRIDE, Certified Accountsnts
Suite 2B
North Sands Business Centr6
Liberty Way
Sunderland
SR6 OQA
Date..

Page 7.
NORTHERN COUNTIES CHILDREN,
STATEMENT OF FINANCIAL ACTIVITIES FOR ThE YEAR ENDED 31 ST DECEMBER 2022
Income
Endowment
Total
Total
Fund
Fund
Funds
Funds
2022
2021
BENEVOLENT SOCIETY
Notes
INCOME
Income
Donations and legaGies
Sir John Priestman Charity Trust
Trustees of the late J S Ffazer
Trustees of Melville Weir deceased
Donations
2350
1000
5000
240
2350
1000
5000
240
2350
1000
5000
240
Investmenl income
Dividends
Bank interest
92841
61
92841
61
79137
TOTAL INCOME
101492
101492
87727
EXPENDITURE
Investment management fees
5743
5743
5714
Charitable actsvltles
Education and clothlng grants
Support cosls
Governance costs
other resources expended
27316
7619
864
1872
27318
7619
146896
7523
840
1872
1872
37671
37671
157131
TOTAL EXPENDITURE
43414
43414
162845
NET (EXPENDITURE) BEFORE
GAINSILOSSES ON INVESTMENTS
58078
58078
(75118)
Gainsl(lossesl on investments
(14014) (131963)
(145977) 257278
NET INCOMEIIEXPENDITURE)
AND MOVEMENT IN FUNDS
(131963)
(87899) 182160
TOTAL FUNDS AT 1ST JANUARY 2022
106909
1845144
1952053 1769893
TOTAL FUNDS AT 31 ST DECEMBER 2022
150973
1713181
1864154 1952053

Page 8.
NORTHERN COUNTIES CHILDREN'S BENEV
LENT SOCIETY
BALANCE SHEET AS AT 31ST DECEMBER 2022
2022
2021
FIXED INVESTMENTS
Investments at market value
1885435
2037253
CURRENT ASSETS
Short temi deposits
Cash at bank
4183
49222
4179
42946
53405
47125
LIABILITIES: AMOUNTS FALLING DUE
WITHIN ONE YEAR
NET CURRENT ASSETS
52541
46285
TOTAL ASSSETS LESS CURRENT
LIABILITIES
1937976
2083538
Deferred grants payable
73822
131485
NET ASSETS
1864154
1952053
INCOME FUND
Unrestricted
150973
108909
CAPITAL FUND
Endowment
1713181
1845144
1864154
1952053
Approved by t
e Board of Trust
on
..A. Waugh
Trustee
..Mrs G M Macki8
Secretary
The notes on pages g to 11 form part of thes6 a¢￿Unts

Page 9.
RTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
NOTES TO THE FINANCIAL STATEMENTS AT 31 ST DECEMBER 2022
ACCOUNTING POLICIES
1.1 Acwunli
convention
The financial ststem8nts have been prepared under the historiGal cost convention, wilh items
recognised at cost unless otherwise stated in the relevant notes. The financial statements have
been prepared in accordance with the Statement of Recommended Practice. Accounting and
Reporting by Charities preparing th8ir accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland {FRS 102) issu8d on 16 July 2014, the
Financial Reporting Stsndard applicable in United Kingdom and Republic of Ireland (FRS 102), th8
Charities Act 2011 and UK Generalty Accepted Practice as it applies from 1 January 2015.
The charity constitutes a public benefft entity as defined by FRS 102.
The financial statements have been prepared to give a 'true and fairf view and have departed from
the Charities {AGcounts and Reports) Regulations 2008 only to the extent required to provide
rue and fair view,. This departure has involved following Accounting and Reporting by Charitles
preparing their a¢￿untS accordance with the Financial Reporting Standard applicable in lh8 UK
and Republic of Ireland {FRS 102) issued on 16 July 2014 rather than the Accounling and
Reporting by Charities., Statement of Rewmmended Practice effectiv8 from 1 April 2005 which has
since been withdrawn.
1.2 Fund acco
ntin
General funds are unrestricted funds which are avaibabl8 for use at the dlscretion of the trustees in
furtherancè of the general objectives of the ¢hanty and which have not b8en designated for other
purposes.
Designated funds comprise unrestri¢t8d funds that have been set asid8 by the trustees for
particular purposes. The aim and use of each designat8d fund is set out in the notes lo th8
financial statements.
Restricted funds are funds which are to be used in ac¢ordance with specific restrictions Imposed
by donors or which have been raised by the charity for particular purposes. The costs of raising
8nd administrating such funds are chargèd against the specific fund. The aim and use of each
restri¢l8d fund is set out in notes to the financial statements.
Invo•tmont ineom•. 9ain$ and 10s8os ara allocatéd to thè appropriate fund.
1.3 Investmen
Investments are valued at market value on 31st December 2022. The statement of financial
activities includes the net 9ains and losses arising on revaluation throughout the year.
1.4 Incomin
and ex
nditu
Income from investrnents is credited on a receipts basls. Expenditure is charged on an accruals basis.
Grants payable are..
Agreed grants paid during the year
Agreed grants which have not been paid which are payable on the satisfaction of a condition on
the part of the grant8e which has not been satisfied.

Page 10.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
NOTES TO THE FINANCIAL STATEMENTS AT 31ST DECEMBER 2022
Continued
ort costs
Secretarial fees are apFQrtioned be￿een Support Costs and administration.
1.6 Gov
rnance costs
Governance costs comprise all cost involving public accountsbility of Charity and its
compliance with regulations and good practi￿. These Gosts indude cost related to statuiory audit
or examination and legal fees.
1.7 Reallsed
All gains and losses are taken to the stst8ment of finan¢lal activities as they arise. Realised gains
and losses on investmenls are calculated as the difference betsveen sales proceeds and opening
market value (purchas8 date if later). Unrealised gains and losses are calculated as the difference
be￿88n the market value at the year end and opening market value {or purchase date rf later).
Realised and unrealised gains are not separated in the Stalement of Financial Activitiès.
ains
nd losses
1.8 Cash flo
The Trustees have taken advantage of th8 ex8mplion ¢onferr8d by FRSI to dispense wilh Ihe
requlrem8nt to prepare a cash flow statement on the grounds that the trust qualffies as a small
entity.
sta
emen
Ot
er resourcès ex
en
2021
Secretarial
1872
1872
Transfer
n funds
Durlng the year monies have been transferred from the endowment to the income fund to enable an
increase in the level of support provbded as grants.
nvoa
•n
202
Market value at 1st January 2022
(Reduction) in investrnents
Net investment gainsl(losses) (unreallsed)
Nel investment gainsl (losses) (realised)
Markel value at 31st December 2022
2037253
(5841)
(111817)
(34160)
1784460
(4485)
211086
46192
1885435
2037253
Cost at 31st December 2022
1799558
1757554
Unrestricted funds
2022
2021
General fund
Adamson Memorial Fund
Adamson Memorial Chapel Fund
140517
5866
4590
96453
5866
4590
150973
106909

Page 11.
NORTHERN COUNTIE
HILDREN'S BENEVOLENT SOCIETY
NOTES TO THE FINANCIAL STATEMENTS AT 31 ST DECEMBER 2022
Continued
Permanent endowment
The p8rmanent endowment fund was established undér a scheme approved by the Charfty
Commissioners on 18th September 1980. The income of the fund is available for general
purposes.
econciliation of
ar ended 31st D8cem
Unrestrided
funds
Pemianent
endowment
Total
At 1st January 2022
Net movements of resources in year
106909
1845144 1952053
(131963) {878991
Balance carried forward at 31st Decemb8r 2022
150973
1713181 1864154
Represented by..
Investments
Net current assets
Deferred grants payable
172254
52541
(73822)
1713181 1885435
52541
{73822)
150973
1713181 1861454