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NORTHERN COUNTIES CHILDREN'S BENEVOL
NT SOCIETY
REPORT AND FINANCIAL STATEMENTS
FOR TrIE YEAR ENDED 31
ECEMBER 2024

NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
Page1.
CONTENTS
PAGES
Trust Infomation
Trustees. Annual Report
3to5
Independent Examiners, Rewrt
Stslement of Financk81 Activilles
Balance Sheet
Notes to the Accounts
9t011

Page 2.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
TRUST INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER
24
Trustees
Chair
Adam Waugh
Rev D R J Holloway
Dr E Jones
Mrs E Browne-swinbume
Mr J Cockbum
Ruth Foster
Trustees Remuneration
No Tw61ee shall receiv8 remuneration. or be Interested in the supply of y￿rk or goods. at the cost of th8
Charity.
Secret8ry
Mrs G M Mackie
30 Prin￿S Road
Newcastl8 uwn Tyne
NE35
Bankers
Lloyds TSB Bank PLC
102 G￿Y Street
Newcastle upon Tyne
NE99 1SL
Indep8ndent Examiner
Derek Reah
Reah & McBrfde
Certifiad Accountants
Suite 28
North Sands Business Centre
Libety Way
Sunderland
SR6 OQA
Charity Number
219696

NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 ST DECEMBER 2024
The Trustees are pleased to present their report together with the financial statements of the Charity for
the year ended 31st December 2024.
Page 3.
By a Scheme of the Charity Commission sealed on 18th September 1980 the Charitles called The
Northem Counties Orphan Institution (founded in the year 1864). The George Donkin Fund, and Ihe
Charrly of Hannah Ochiltree were administrated and managed together as one Charity Lrnder the title
Northern Counties Orphan's Benevolent Society. The Adamson Memorial Fund and the Adamson
Memorial Chapel Fund were excluded from the Schème because there was no trace of these small
funds being r6gislered Charities. By a further Sd)eme of the Charity Commission sealed on 24th
January 2000. the name of the Charity was changed to THE NORTHERN COUNTIES CHILDREN'S
BENEVOLENT SOCIETY.
Structurn. Govemanco and Managemont
Constitution
The object of the Charity is that it shall be for the benefrt of children vtho are in n8ed through sickness,
disability or other causes and who are resident in the area of benefit with a preference for children who
are orphans and in special Cases the bènefit of children as aforesaid who are resid8nt elsewhere in
England or Wales.
There have been no changes in the obj'ectives since the last annual report.
Mathod of appolntmont of •l•ctlon of Tru8t0O8
The body of the Trustees when complete shall ￿nsiSt of eight persons. New Trustees shall b6
appointed by the Continuing Tnjstees.
Pollcles adopt•d for tho Inductlon and tralnlng of Truste
There ar8 no formal procedures for the induction and training of Trustees. Senior Trustees 8nsur8. on
an informal basis, that new Trustees are given adequate inf0m1at￿n to ensure that they have knowledge
of the Charity and their role.
Organl8atlonal 8tructurn and declslon maklng
Trusteès Carry out the decision making process in a o)mmittee of unpaid individuals with r6levant
experiencè in the fields of medicine, finance, the law. children's care and education. This committee
deals with funding and investment decisions.
Trusle88 meet at18ast four times a year to consider all applicats'ons for support and oth8r applications for
funds.
Relatgd party transaction8
The Trustees are not employed by the Chanty or any other party to which the Charity makes grants. No
Trustee takes part in any decision of the Charity where they or a project with which they have an Inte￿8t
might benefit.
Risk management
The Trustees have assessed the major risks to which the Charity is extM)sed. They consider that th8
major risks are in the area of investment management and the conlrol of the reconciling of donations
rec8ivable. Systems have been implemented by the Truslees to mitigate these risks and they consid&r
the controls to be adequate and appropriate. The effectiveness ol these Controls is revrewed on an
ongoing basis.

NORTHERN Cou￿rIEs CHILDREN'S BENEVOLENT SOCIETY
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024
ObJ•ctlves and Actlvities
Psge 4.
Continued
Policies and objectives
The main area of benefits shall be the Counlies of Cheshire, Cleveland. Cumbrfa, Durham, Greater
Manchester, Humberside. Lancashire. Merseyside. Northumberland. North Yorkshire, Soulh Yorkshire,
Tyne and Wear and West Yorkshire.
Strateglès for achlovlng obJectiVè8
The Trustees lake all reasonable steps lo fully enquirg into the circumstanc86 arising from the request of
support including the financial circUmstan￿s. Usually home visits wher6 possible are undertaken to
review matters with the applicants and r8ports are obtained frorn relevant medical, school or other third
parties who can provide supporting evidence and information.
Actlvltlè8 for achievlng obJe¢tlve8
The Chanty 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 att6ntion of the Charity. As th8
demand for funding exceeds the supply of funds available to the Charity. it Is able to choos8 those
proj8¢ts and posts Ihat most closely match its obj8div8S.
Grant maklng pollclos
The Charity currently offers support in the fonn of ￿ntrIbutiOnS towards s¢knl fees, school clothing elc.
Invariably the need for support arises through the premature death or severe illness of the major
breadwlnner, or the break-up of the family unit. The financial cir￿mstanceS of the famity are fully
enquired into by the Trustees before an award is made.
Flnanclal actlvlty
During the year grants totslling £69023 were awarded to 29 individual beneficiaries.
The Trust's capital funds have been invested in a portfolio of special and wrder range securities. There
We￿ revaluation loss on investments during ihe year of £(39060) representing 1.95% of the mark8t
value at 31st D8cÈmb8r 2024.
Statèment of Tru•tees' R•sponslbilitlè8
The Trustees are responsible for preparing the Annual Report and th6 financial slalements in
accordan￿ with applicable law and United Kingdom Generally Awepted Accounting Practw.
The Trust8es are r8quir8d to prepa￿ financial statements for each financial year which give a true and
fair view of th8 Staté of affairs of the Trust and of the Statement of Financial Activities of the Trust for that
period. In preparing those financial statements the Trustées a￿ required to..
Select sultable accounting policies and then apply consislently.,
Mak8 judgements and estimates Ihat are reasonable and prudent,. and
Prepare the financial statements on the ongoing ￿nCern basis unless it is Inappropriate to
presume Ihal the Trust will continue to operate.

Page 5.
NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
TRUSTEES, ANNUAL R
PORT FOR THE YEAR ENDED 31ST DECEMBER 2024
Continued
Th8 Trustees are responsible for keeping proper records whlch disclose the reasonable accuracy at any
time the financial position of the Trust. They are also responsible for safeguarding th6 assets of the
Trust and hence for ts￿ng reasonable steps for prevention of and detection of fraud and olher
irr8gularities.
On behalf of the T￿￿teeS
Trustee
Date l3

NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTHERN COUNTIES
CHILDREN'S BENEVOLENT SOCIETY
Page 6.
I report to the trustees on my examination of the accounts of the Northem Counties Children's
Benevolent Society for the year ended 31st December 2024.
This report is made solely to the Trust's Trustees, as a body, in accordance 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 Ihose matters l am required to state to them in an Independent Examinerfs report and
for no other purpos8. To the fullest extent p8m)itted by law. I do not accept or assume responsibilty to
anyone other that the Trust and th8 Trustees as a body, for my work or for this report.
RESPONSIBILITIES AND BASIS OF REPORT
As the Charity trustees of the Twst you are responsible for the preparation of the accounts in 8¢cordance
with the requirements of the Charrties Act 2011 (Ihe Act,).
I report in respect of my examination of the Trust's a¢counts carried out under 8e¢tion 145 of the 2011
Act and in carying out my examination I have followed all the applicable txrections glven by the Charfty
Commission under section 145(5Xb) of the Ad.
INDEPE
DENT EXAMINER,
TEM
I hav8 completed my examinatron. I confirm that no material matters have come to my attention in
connection with th8 examination giving me Cause to belreve that in any material resp8Ct:
1. accounting records V￿re not kept in resp8Ct of the Trust as required by 8éCtlon 130 of the
Act., or
2. the ac￿unIS do not 8ccord with those records: or
3. th8 accounts do not comply wrth the applI￿ble requirements concerning the form and content
of accounts sel out in the Charitres (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a fair and Yrue view, which is not a matter considered as part
of an independent examination.
I have no concems and have come across no other matters in connèction with tho exeminallon Io Wnlch
att•ntlon ghould b? drawll In this report in ord8r to enable a proper understsnding of the accounts to b6
reached.
Derek Reah
REAH & MCBRIDE. Certified Accountants
Suite 2B
North Sands Business Centre
Liberty Way
Sundedand
SR6 OQA
Date..

NORTHERN COUNTIES CHILDREN'S BENEVOLE￿ SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024
Income
Endowm&nt
Fund
Fund
Page 7.
Notes
Tot81
Funds
024
Total
Funds
2023
INCOME
Income
Don8trons and legaci85
Sir John Priestman Charity Trust
Trustees of the late J S Frazer
Trustees of M81vill6 Weir deceased
Donations
Charles Arch Thorpe Trust
5000
1000
10000
240
5000
1000
10000
240
1000
240
146815
Investment income
Dividends
Bank interest
92134
963
92134
963
100504
1152
TOTAL INCOME
109337
109337
249711
EXPENDITURE
Investment management fees
8217
8217
5655
Charitable activit18S
Education and clothing grants
Support ¢osts
Gov8manc8 Costs
Other resources expended
69023
7835
912
1872
69023
7835
912
1872
126951
7493
888
1872
79642
79642
137204
TOTAL EXPENDITURE
87859
87859
142859
NET (EXPENDITURE) BEFORE
GAINSILOSSES ON INVESTMENTS
Gainsl(losses) on investsn8nts
21478
21478
106852
{3750)
{35310)
(39060) {7437)
NET INCOMEI(EXPENDITURE)
AND MOVEMENT IN FUNDS
17728
{35310)
(17582)
99415
TOTAL FUNDS AT 1ST JANUARY 2024
TOTAL FUNDS AT 31 ST DECEMBER 2024
257111
1706458
1963569 1864154
274839
1671148
1945987 1963569

NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
BALANCE SHEET AS AT 31ST DECEMBER 2024
Page 8.
2024
FIXED INVESTMENTS
Inveslments at market value
2023
1999559
2035833
CURRENT ASSETS
Short term deposits
Cash at bank
39959
4183
36533
39959
40716
LIABILITIES.. AmOU￿s FALLING DUE
WITHIN ONE YEAR
5592
888
NET CURRENT ASSETS
TOTAL ASSSETS LESS CURRENT
LIABILITIES
39828
2033926
2075661
Deferred grants payable
NET ASSETS
87939
112092
1945987
1963569
INCOME FUND
Unrestricted
274839
257111
CAPITAL FUND
Endowm•nl
1671148
1706458
1945987
1983569
Approved by the Board of Trustees on
Trustee
Secretary
..Mrs G M Mackie
The notes on pages 9 to 11 form part of these accounts

NORTHERN COUNTIES CHILDREN'S BENEVOLENT SOCIETY
NOTES TO THE FINANCIAL sTATEmE￿s AT 31ST DECEMBER 2024
ACCOUNTING POLICIES
Page 9.
1.1 Accountin
convention
The financial statements have been prepared under the historical cost convention, with items
recognised at cost unless othenMise stated in the relevant notes. The financial statements hav8
been prepared in acwrdance with the Statement of Reo)mmended Practice. Accounting and
Reporting by Charities preparing their accounts in a￿ordar)ce with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014. the
Financial Reporting Standard applicable in Untted Kingdom and Republic of Ireland (FRS 102), the
Charities Act 2011 and UK Generally A￿pted Practs'ce as it applies from 1 January 2015.
The charity constitutes a public benefit entity as defined by FRS 102.
The financial stat8ments have been prepared to give a Irue and fair view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent requiréd to provide a
'true and fair view,. This departure has involved following Accounting and Reporting by Charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and
Reporting by Charities: Statement of R8￿mrnended Practice effective from 1 April 2005 which has
since been withdrawn.
und accoun
in
General funds are unrestricted funds which are available for use at the discretion of the trustees in
furtherance of the general objectives of the charity and whlch h8ve not been designat8d for olher
purpos8S.
Designated funds comprise unrestricted funds that have been set aside by the trustees for
particular purposes. The aim and use of each designated fund is set out in the notes to th6
finaneAal stat8menls.
Restricted funds are funds vthich are to te used in accordance specific restrictions imposed
by donors or which have been raised by the chanty for particular purposes. The costs of raising
and administrating such funds are charged against the specific fund. Th8 aim and use of 88ch
restricted fund is set out in notes to th8 finan￿81 statements.
Investment income. gains and losses are allocated to the approDriate fund.
1.3 1
ves
men
Investments are valued at market value on 31st December 2024. The statement of financlal
activities includes the net gains and Ioss8s arising on revaluation throughout the year.
arKI ex
nditure
Income from investments is credited on a receipts basis. Expenditure is (*arged on an accwals basis.
Grants payable are:
Agreed grants paid during the year
Agreed grants which have not been paid which a￿ payable on the satisfaction of a condttion on
the part of the grantee which has Th)t been satisfied.

NORTHERN COUNTIES CHILDREN'S BENEVOLEFTh SOCIETY
NOTES TO THE FINANCIAL STATEMENTS AT 31 ST DECEMBER 2024
Continued
Page 10.
ort costs
Secretarial fees are apportioned behveen Support Costs and administration.
1.6 Governance costs
Governance costs comprise all cost involving public accountabilty of th6 Charity and its
compliance with regulat#)ns and good practice. These costs include cost related to statutory audit
or examination and legal fees.
1.7 Realised
ains and Ioss8S
All gains and losses are tsken to the statement of financial acbvities as they aris6. Reallsed gains
and losses on inveslmenls ar8 calculated as th8 difference between sales proceeds and opening
market value (purchase date if later). Unrealised gains and losses are calculated as the difference
between the market value at the year end and opening market value (or purchase dale if later).
Realised and unre81ised gains are not separated in the Statement of Financial Activities.
1.8 Cash flow stat
Th8 Trustees have taken advantsge of the exèmption conferred by FRSI to dispense with the
r6quirement to prepare a cash flow stalement on the grounds that the trust quallfies as a small
enlily.
r resources
ended
2024
202
Secretarlal
1872
1872
Transfer betr4een fun
During the year monies have been transferred from the endowment to the income fund to enable an
increase in the18vel of support provided as grants.
Investmènts
2024
202
Market value at 1 st January 2024
Increase in investments
Net investm8nt gainsl{losses) (unrealrsed)
Net Investm8nt gainsl (losses) {realised}
Market value at 31st December 2024
2035833
2786
(31290)
{7770)
1885435
157835
4571
{12008)
1999559
2035833
Cost at 31 st December 2024
1842671
1942728
nrestricted funds
2024
2023
G8n8ral fund
Adamson Memorial Fund
Adamson Memorial Chapel Fund
264383
5866
246655
5866
4590
274839
257111

NORTHERN COUNTIES CHILOREN'S BENEVOLENT SOCIETY
NOTES TO THE FINANCIAL STATEMENTS AT 31 ST DECEMB
R 2024
Pagg 11.
Continued
Permanent endowment
Th8 pemianent endowment fund was established under a scheme approved by the Charity
Commissioners on 18th September 1980. The income of th8 fund is avallable for g6neral
purposes.
Reconciliati
n of funds for the
rend
31st
r 2024
Unrestricted
nds
Pemianent
endowmen
Tot
At 1st January 2024
Net movements of resources in yèar
Balance carried fonvard at 31st Deomber 2024
Representéd by..
Investments
Net current assets
Deferred grents payable
257111
17728
1706458 1963569
{35310) (17582)
1671148 1945987
274839
328411
34367
(87939)
1671148 1999559
34367
(87939)
1671148 1945987
274839