OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Huddersfield Common Good Trust Charity No: 231096

Huddersfield Relief in Sickness Charities Charity No: 223333

Huddersfield Cinderella Society and E. Austen Johnson Trust Fund Charity No: 224085

Annual Report and Financial Statements For the year ended 31[st] March 2022

Huddersfield Common Good Trust

Huddersfield Relief in Sickness Charities

Fifty Sixth Annual General Meeting

To be held at The Huddersfield Mission Lord Street Huddersfield HD1 1QA

On

Monday 10[th] October 2022

A G E N D A

2022

Huddersfield Common Good Trust

Huddersfield Relief in Sickness Charities

Huddersfield Cinderella Society and E. Austen Johnson Trust Fund

Annual Report and Financial Statements

For the year ended 31[st] March 2022

Contents Page
Trustees and Advisors 1
Minutes of Fifty Fifth Annual General Meeting 2
Precis of the Objects 5
Chairman’s Annual Report 6
Accounting Policies 8
Huddersfeld Common Good Trust
~
Financial Statements		 9 - 12
Huddersfeld Relief in Sickness Charities
~
Financial Statements		 13 - 16
Huddersfeld Cinderella Society and E Austen Johnson Trust Fund
~
Notice of Annual General Meeting, Management
Committee and Advisors 17
~
Minutes of the 119th Annual General Meeting		 18
~
Financial Statements		 20 - 22

Huddersfield Common Good Trust Huddersfield Relief in Sickness Charities

Huddersfield Cinderella Society and E. Austen Johnson Trust Fund

Trustees and Advisors

For the year ended 31[st] March 2022

Trustees: V Javin
-		 Chairman
R Butterworth
S Stott
J Gof
E Oldfeld
S Hollingworth (appointed 14thJune
2021)
Honorary Treasurer: P J H Hoyle, BSc., FCA
Honorary Solicitor: J. M. Fryer, LL.B, LL.M
Ramsden Street,
Huddersfeld
HD1 2TH
Secretary: A Haigh
c/o. The Huddersfeld Mission
3-13 Lord Street, Huddersfeld, HD1
1QA
www.hcgtrust.org.uk
Independent Examiner: E J Holdroyd, MA, FCA
The Cottage
Bradley Villa Farm
Bradley Road
Fixby
Huddersfeld
HD2 2JX
Investment Advisors: Investec Wealth & Investment
Ltd

Page 1

Huddersfield Common Good Trust

Charity No: 231096

Huddersfield Relief in Sickness Charities Charity No: 223333

Minutes of the Fifty Fifth Annual General Meeting held online on Monday 11th October 2021

1 Apologies for absence

R Butterworth.

2 Minutes

The minutes of the Fifty Fourth Annual General Meeting had been circulated with the Agenda, Annual Report and Financial Statements.

3 Chairman’s Report

This had been circulated with the Annual Report.

4 Honorary Treasurers Report .

The Charities funds are invested in Stocks and Shares to provide income for distribution to local charitable groups. Today I am reporting on the year ending 31st March 2021.

I can report that the total income received by all the associated charities has fallen significantly from the previous year to £52,350 (64,324) There were no legacies received in the year. The total grants paid out have decreased to £32,888 from £50,277.

Applications for grants fell during the pandemic lockdown. Any income remaining at the end of the year gets carried forward to distribute in the future.

The market value of all investments held at 31[st] March has risen to £1,653,839 from

£1,386,955 last year with a rebound of confidence following the initial impact of the Coronavirus Pandemic.

Looking at the individual charities, for the year The Common Good Trust had income of £30,132. After expenditure and grants this left a surplus of £4,768. There was a loss on disposal of investments of £3,984 which gives an overall surplus of £784, this has been added to the Fund which now stands at £774k.

Page 2

The Relief in Sickness Charity had income of £21,350. After expenditure and grants this left a deficit of £2112. There was a surplus on the disposal of investments of £329 which leaves an overall deficit of £1,783 this has been deducted from the Capital which now stands at £546k.

The market value of the investments held in all the Charities has risen to £1,654,000

It should be remembered that it is the income generated by the investments which is important to us. Last year, for the first time I can remember, the income projection had been severely afected with projected income falling by around 30% to £46,000. The income actually received exceeded this at £52,000. The estimate income for the current year is £56,000.

The investments are held in Government Stocks and a well - balanced diversified range of blue chip investments. Our investment advisors feel we have a solid portfolio, which should maintain its capital value over the longer term, whilst the level of income should recover. The organisations that we support will also have sufered in this crisis and many will need financial help. I worry that the reduced income being generated this year may restrict the help we can give.

I would like to thank Julian Holdroyd, who has carried out the task of Independent Examiner of the Charities accounts this year.

5 Secretary’s Report

The five meetings held during the year had been held on line or via e- mails to avoid face to face contact. Applications were down from previous years and funds available were able to satisfy the demand. We continue to have a good relation with our landlord here at the Mission.

6 Appointment of Independent Examiner of Accounts

Mr Holdroyd was proposed to be the scrutineer of the annual accounts by Mr Hoyle and seconded by Ms Javin.

Page 3

7 Any Other Business

Thanks were given for grants received by representatives of the following groups: -

Holmfirth Bowling Club. Emley Cricket Club. Marsden Cricket Club. Huddersfield Rugby Union Club. Pakistan Association

All the reports were proposed and accepted by the Trustees.

Page 4

Precis of Objects

Huddersfield Common Good Trust

The objects pursued by the Trustees are to apply the income of the Trust monies for any charitable purposes directed wholly or mainly for the benefit of groups within the County Borough of Huddersfield or in the immediate neighbourhood thereof.

Huddersfield Relief in Sickness Charities

The objects pursued by the Trustees are to apply the income of the monies of the charities for any charitable purposes directed wholly or mainly for the benefit of groups, within the County Borough of Huddersfield or in the immediate neighbourhood thereof, whose members are sick, convalescent, disabled, handicapped or infirm, etc.

Huddersfield Cinderella Society and E. Austen Johnson Trust Fund

The objects pursued by the Officers are to brighten the lives and alleviate the conditions of the poor and neglected children, and also the adult poor (without regard to religious or political opinions), of Huddersfield and District in all such ways and by all such means as from time to time may be deemed necessary.

Statement of Trustees’ Responsibilities

Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of afairs of the charity at the end of the year and of its financial activities during the year then ended. In preparing those financial statements, the Trustees are required to:-

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.

Page 5 Chairman’s Annual Report Of The Huddersfield Common Good Trust The Huddersfield Relief in Sickness Charities and The Huddersfield Cinderella Society and E Austen Johnson Trust Fund

For the year ended 31[st] March 2022

For the Trust and its associated charities, the year has been one of milestones. The most notable was the decision of our secretary Tony Haigh to stand down after 25 years of work with the Trust.

HCGT is run by a small group of volunteer trustees with the support of its secretary without which it would be impossible to deliver grant aid to voluntary organisations across our area.

Tony has worked closely with many of those organisations providing a direct line of contact with those applying for grants in addition to working closely with our investment managers, Investec.

We are immensely grateful to Tony for all his years of work managing our applications’ process and particularly for his decision to help see the charities through the challenges presented by the Covid 19 pandemic before stepping down. The Trust is delighted that Tony will continue to contribute to its work as he has agreed to stay with the charities in what for him is a new role, as a trustee.

HCGT had been fortunate in being able to recruit a new secretary who shares her predecessor’s wide knowledge and understanding of the

group’s work. Susan Stott is a Huddersfield-based accountant and has been a trustee for the HCGT and its associated charities for 27 years. Her long-standing commitment to the trust’s work and her background in accountancy has enabled a smooth handover and ofers stability for the future. We welcome Susan to her new role.

For the trustees, the last year saw another milestone, our first in person meeting for more than two years.

During the pandemic, trustees continued to work to secure and safeguard the charities’ funds for the future whilst addressing the needs of those organisations working in the local charitable and voluntary sector. Though trustees were unable to meet, grant-making decisions and consultations with our investment managers continued to be made using a combination of postal and electronic communications.

Our other milestone moment came last summer when trustees were able to return to face to face meetings and greet newly appointed trustee Sandra Hollingworth in person for the first time.

Page 6

During the year, the Trust has given £34,515 to 18 groups compared with a total of £32,888 given to a total of 16 groups during the previous year. It is clear that community and voluntary organisations have emerged from the difficulties faced over the past two years with renewed determination to improve their facilities and where possible widen their services to the communities they serve.

Our biggest financial commitment during the year has been through grants given for refurbishment of a number of community venues seeking to improve and revitalise their premises with work being undertaken on buildings and also on outdoor spaces. The charities have also contributed towards new equipment for a variety of groups including sports and computer kit as well as helping charities which ofer support for families and children and for those facing health issues or social isolation particularly among the elderly.

My thanks to the trustees for their continued support and dedication and for their willingness to manage a good deal of change in an open and positive way.

Val Javin Chairman

Page 7

Huddersfield Common Good Trust

Huddersfield Relief in Sickness Charities

Huddersfield Cinderella Society and E. Austen Johnson Trust Fund

Accounting Policies

For the year ended 31[st] March 2022

The accounting policies used by each of the above Trusts in preparing the financial statements, which have been prepared under the Historical Cost Convention, are set out below.

i) Investments

Investments are stated at cost. Provision is made for any estimated permanent diminution in value. Profits/(Losses) on realisation of

investments are dealt with in the Income and Expenditure Account.

All investments are held in the name of Scarwood Nominees Limited.

ii)

Income

Dividends, other income and legacies are included in the Income and Expenditure Account at their gross amount on a receipts basis.

iii)

Grants

Grants are approved by the Trustees and included in the accounts on a cash paid basis.

Page 8
Huddersfeld Common Good Trust
Income and Expenditure Account
Year Ended 31 March 2022
2021 2022
£ £
Income
0 Gifts, Donations and Legacies 0
30127 Investment Income (gross) 37441
5 Bank Interest 3
37444
3000
470
0
103
216
5824
0
0
9613
27831
23995
3836
15032
18868
2022
£
77449
7
18868
0
79336
5
30132
Total Income
Expenditure
3000
Secretary's Salary
470
Ofce / Meeting Room Costs

0
Independent Examiner's Fee
71
Bank Charges
314
Other
5239
Commission Paid
0
Legacies transferred to Capital
0
Income tax deducted
9094
Total Expenditure
21038
Available for Distribution
Charitable
Donations
16270
Grants per Schedule
4768
Excess / (Defciency) of Income
(3984)
Surplus / (Defcit) on Sale of Investments
784
Surplus / (Defcit) for the Year
Page 9
Huddersfeld Common Good Trust
Balance Sheet
As at 31 March 2022
2021
£
Trust Capital
77371
3
Balance at 1 April
2021
784
Surplus / (Defcit) for the Year

0
Legacies transferred to Capital
77449
7
Balance at 31 March 2022

----- Start of picture text -----
77449 79336
7 5
Represented by
76273 77781
9 Investments at Cost 5
Market Value
2021 2022
£933,680 £990,915
Current Assets
11523 CAF Bank 15315
235 Prepayment 235
11758 15550
Current Liabilities
0 Sundry Accruals 0
77449 79336
7 5
Signed on behalf of the Trustees on 26 [th] September 2022
V Javin P J H Hoyle
Chairman Hon Treasurer
Page 10
----- End of picture text -----

Huddersfield Common Good Trust

Schedule of Grants

Year Ended 31 March 2022

£
Almondbury Methodist Church 5000
Bradley Methodist Church 2000
Denby Dale Village
Hall		 5000
Greenhead Park Veterans Bowling Club 300
Huddersfeld Astronomy Society 1000

Milnsbridge Village
Hall		 4000
Outlane Golf Club 500
Ruddi's Retreat 1045
Walking Cricket 150
Wilshaw Village Hall 5000
23995
Year Ended 31 March 2021
£
Deighton Table Tennis 470
Emley Cricket Club 2500
Holmfrth Bowling
Club		 1000
Huddersfeld RUFC 3000

Marsden Cricket Club		 2500
Outlane Cricket Club 3000
Pakistan Association 3000
Primrose Hill Bowling Club 1300
Slaithwaite Cricket
Club		 2500
St Paul's Church,
Dalton		 1500
20770
Guide Cottage, Holme (returned) (4500)
16270

Page 11

Independent Examiner’s report to the Trustees on the accounts of The Huddersfield Common Good Trust

For the year ended 31[st] March 2022

I report on the accounts of the charity set out on pages 9 to 11.

Responsibilities and basis of report

As the charity’s Trustees, 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 the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directives given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s statement

I have completed 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 material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

E J Holdroyd, MA, FCA

26[th] September 2022

Page 12

Huddersfield Relief in Sickness

Income and Expenditure Account

Year Ended 31 March 2022

2021

2022

£ £
Income
21345
Investment Income (gross)		 25409
5
Bank Interest		 2
2135
0
Total Income		 2541
1
Expenditure
3000
Secretary's Salary		 3000
3775
Commission Paid		 4186
69
Bank Charges		 101
0
Income tax
deducted		 0
6844
Total Expenditure		 7287
1450
6
Available for Distribution		 1812
4
Charitable
Donations
1661
8
Grants per Schedule		 1007
0
(2112
)
Excess / (Defciency) of Income		 8054
329
Surplus / (Defcit) on Sale of Investments		 18402
(1783
)
Surplus / (Defcit) for the Year		 2645
6

Page 13

Huddersfield Relief in Sickness

Balance Sheet

As at 31 March 2022

As at 31 March 2022 As at 31 March 2022 As at 31 March 2022 As at 31 March 2022
2021 2022
£ £
Trust Capital
54791
6
Balance at 1 April
2021		 54613
3
(1783)
Surplus / (Defcit) for the Year		 26456
5461
33
Balance at 31 March 2022		 5725
88
Represented by
54081
3
Investments at Cost		 55924
7
Market Value
2021
2022
£672,05
3
£711,821
Current Assets
6820
CAF Bank		 13341
Current Liabilities
1500
Sundry Accruals		 0
5461
33		 5725
88

Signed on behalf of the Trustees on 26[th] September 2022

V Javin P J H Hoyle
Chairma
n Hon Treasurer

Page 14

Huddersfield Relief in Sickness

Schedule of Grants

£

Year Ended 31 March 2022

Birchenclife Scouts 2500
Hi-Tech Netball 1000
Huddersfeld Mission 1750
Kirkwood Hospice 1000
Otters Water Polo 2500
Shepley Methodist Church 1320
1007
0
Year Ended 31 March
2021
Forget Me Not Trust 5000
Huddersfeld Mission 1500
MHA Huddersfeld 1200
Shabang 3000
St Lucius Church, Farnley Tyas 5000
Talkthru 918
1661
8

Page 15

Independent Examiner’s report to the Trustees on the accounts of

The Huddersfield Relief in Sickness Charities

For the year ended 31[st] March 2022

I report on the accounts of the charity set out on pages 13 to 15.

Responsibilities and basis of report

As the charity’s Trustees, 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 the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directives given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s statement

I have completed 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 material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

E J Holdroyd, MA, FCA 26[th] September 2022

Page 16

Huddersfield Cinderella Society and E. Austen Johnson Trust Fund

Charity No: 224085

One Hundred and Twentieth Annual Report and Summary of Accounts

For the year ended 31[st] March 2022

To be presented to the Annual General Meeting to be held at The Huddersfield Mission Lord Street Huddersfield HD1 1QA

Monday 10[th] October 2022

Chairman V Javin Honorary Treasurer : P J H Hoyle, BSc., FCA Honorary Solicitor: J. M. Fryer, LL.B, LL.M Ramsden Street, Huddersfield HD1 2TH

Secretary:

A Haigh c/o. The Huddersfield Mission 3-13 Lord Street, Huddersfield, HD1

1QA www.hcgtrust.org.uk

E J Holdroyd, MA, FCA

Independent Examiner:

The Cottage Bradley Villa Farm Bradley Road Fixby Huddersfield HD2 2JX

Investment Advisors: Ltd

Investec Wealth & Investment

Page 17

Huddersfield Cinderella Society and E. Austen Johnson Trust Fund Charity No. 224085

Minutes of the Annual General Meeting held at the Mission on Monday 11th October 2021

Present: - Ms V Javin in the chair

Mr P J H Hoyle Hon Treasurer Mr A Haigh Hon Secretary Ms J Gof Ms Stott Ms E Oldfield Mrs S Hollingworth

Apologies: Mr R Butterworth

Minutes

The minutes of the Annual General Meeting held on the 12th October 2020 were read and accepted as correct, Proposed by Ms Gof and seconded by Ms Oldfield.

Secretary’s Report

I have pleasure in submitting this annual report on the work of the Society during the last financial year.

Due to lack of suitable applicants, no grants were made during the year. The Society is grateful to the Huddersfield Common Good Trust for the management of its funds and execution of its administration.

Treasurer’s Report

For the year ending 31 March 2021 the fund has made a surplus of £575. There was no adjustment to the value of Investments this year.

Investment income shown in the accounts is down on 2020 at £858. The only administration expense is commission paid which was similar to the previous year at £293. No grants were agreed in the year. The net surplus of £575 has been added to the Trust Capital which stands at £49,262. The value of the investment fell slightly from £49,199 to £48,106 and is all held I Government Stocks. The fund is in a healthy position.

Page 18

Election of Officers

Jacqui Gof proposed that the following serve for the coming year: -

Miss V Javin Chairman Mr P Hoyle Hon Treasurer Mr A Haigh Hon Secretary Mr J M Fryer Hon Solicitor

Seconded by Ms Stott and carried without dissent.

Appointment of Independent Examiner

Mr Hoyle thanked Mr Holdroyd for his work in scrutinising the accounts. The Chairman proposed and Mr Hoyle seconded that Mr J Holdroyd be the examiner for the next year

Any Other Business

None

-------------------------- date ----------------------------------- Chairman

Page 19

Huddersfield Cinderella Society and E Austen Johnson Trust Fund Receipts and Payments Account Year Ended 31 March 2022

Huddersfeld Cinderella Society and
E AustenJohnson Trust Fund
Receipts and Payments Account
Year Ended 31 March 2022
2021 2022
£ £
Income
858
Investment Income (gross)		 858
10
Gifts,Donations and Legacies		 10
868
Total Income		 868
Expenditure
293
Commission Paid		 285
0
Legacies transferred to Capital		 0
293
Total Expenditure		 285
575
Available for Distribution		 583
Charitable Donations
0
Grantsper Schedule		 450
575
Excess/ (Defciency) of Income		 133
0
Adjustment to value of Investments		 0
575
Surplus/ (Defcit) for the Year		 133
Page 20
Huddersfeld Cinderella Society and
E AustenJohnson Trust Fund
Balance Sheet
As at 31 March 2022
2021 2021 2021 2022
£ £
Trust Capital
48687
Balance at 1 April 2021		 49262
575
Surplus / (Defcit) for the Year		 133

0
Legacies transferred to Capital		 0
4926
2
Balance at 31 March 2022		 4939
5
Represented by
47520
Investments at Cost		 47520
Market Value
2021
2022
£48,106
£46,264
Current Assets
1742
Barclays Bank		 1875
4926
2		 4939
5
Signed on behalf of the Trustees on 26thSeptember 2022
V Javin
P J H Hoyle
Chairman
Hon
Treasurer
Page 21

Huddersfield Cinderella Society and E Austen Johnson Trust Fund Schedule of Grants Year Ended 31 March 2022

Huddersfeld Cinderella Society and
E AustenJohnson Trust Fund
Schedule of Grants
Year Ended 31 March 2022
£
Holme ValleySharingMemories Group 450
450

Year Ended 31 March 2021

£ 0

Page 22