2023-12-31-accounts

Huddersfield War Memorfal Trust Fund Trustees, report and accounts 31 December 2023

Trustees and advisers
Report of the trustees
Statement of trustees'	responsibilities	in respect of the accounts
Income and Expenditure	Account
Balance Sheet
Notes to the accounts
Independent Examiner's	Report

income and Expenditure	Account
Statement of financial activities
for the year ended 31December	2023

or the year	e	nded 31	December 2023
				Note	2023	2022
					E	f.
Income
Income from	Investments				34,112	33,158
Bank interest					411	36
					34,523	33,194
Grants
Grants paid					(32,500)	(30,500)
Net income l(deficit) before revaluations
and dlsposals		of investments			2,023	2,694
Investments	-	unrealised	revaluations		(7,699)	(40,405)
Net movement		in funds			(5,676)	(37,711)
Funds brought		forward			650,905	688,616
Funds carried		forward			645r229	650,905
Of which:
Investment	revaluation				556,805	564,505
Other					88,424	86,400
					645,229	650,905

			Note		2023		2022
				E	E	E	E
FIxed assets
Investments					606,467		614,166
Cash and	bank deposits
HSBC					38,762		36,739
Net assets					645,229		650,905
Funds
Investments		revaluation			556,805		564,505
reserve
Other reserves:
- Opening		balance		86,400		83,706
- arising	In	year		2,024	88,424	2,694	86,400
					645,229		650,905

		Cost	Market	Value	2023	2022
			31.12.23	31.12.22	Income	Income
		E		f.		E
Wider Range
M 8 GThe Equities Investment	Fund for Charities
37,875 Income units (see note) 1,469.52p (2021:		33,390	543,505	556,583	32,383	31,436
1,556.20p)
Charities Official Investment	Fund
2,940.68 Income shares		15,082	58,357	53,371	1,602	1,596
232.05 Income shares		1,190	4,605	4,212	126	126
		49,662	606,467	614,166	34,111	33,158
Mavamant In Year (decrease) /increase			(E7,699)	(E40,405)

					E
31	December	2012	480,052	31 December 2018	584,806
31	December	2013	573,191	31 December 2019	682,578
31	December	2014	574,565	31 December 2020	576,895
31	December	2015	573,438	31 December 2021	654,571
31	December	2016	615,025	31 December 2022	614,166
31	December	2017	658,854	31 December 2023	606,467

stributions	per unit have been as	follows in the last te	n years:
		Quarterly	distributions	Quarteriy	distributions
			2023		2022
2023	85.50p		E		E
2022	83.00p
2021	74.00p
2020	67.00p
2019	83.00p
2018	79.00p
2017	74.75p
2016	71.00p
2015	69.00p
2014	66,50p
2013	63.58p

Quarter	1	13.00	4,923.77	12.50	4,734.39
	2	24.00	9,090.03	23.50	8,900.66
	3 4	20.50 28.00	7,764.40 ~10 605.04	20.00 27.00	7,575.03 ~1226.29
		85.50	32,383.24	83.00	31,436.37

3 Grants
				2023	2022
				E	E
Huddersheld and	District Army	Veterans'	Assodatlon	11,500	11,500
Royal British Legion				10,MO	10,000
Soldiers' Sailors'	and Airmen's	Families	Association	2,500	1,500
Klrkwood Hospice				2,000	2,000
Macmillan Cancer	Support			2,000	1,500
Huddersfield Samaritans				1,500	1,000
West Yorkshire Forget Me Not		Trust		2,000	2,000
Holly Bank Trust				1,000	1,000
				32,500	30,500