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|||||PAGE|
|---|---|---|---|---|
|Trustees'|annual
report||||
|Independent
examiner's|||report to the trustees||
|Statement|offinancial||activities|10|
|Statement|offinancial||position||
|Notes to|the financial|statements||12|
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||||2023|2023||2022|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|||
|||funds|funds|funds|Total funds|Total funds|
||Note|8|||8||
|Income and endowments|||||||
|Donations
and legacies|4|165|3,450||3,615||
|Charitable
activities|5|117,639|||117,639|111,636|
|Investment
income|6|20,966|4,453||25,419|22,892|
|Total income||138,770|7,903||146,673|134,528|
|Expenditure|||||||
|Expenditure
on raising funds:|||||||
|Investment|||||||
|management
costs|7|730|||730|1,864|
|Expenditure
on|||||||
|charitable
activities|8,9|122,684|3,136||125,820|122,691|
|Total expenditure||123,414|3,136||126,550|124,555|
|Realised (losses)/gains|||||||
|on sale ofinvestments|13|(1,020)|||(1,020)||
|Net income||14,336|4,767||19,103|9,973|
|Other recognised
gains|and losses||||||
|Net unrealised
(losses)/gains|||||||
|on investment
assets||(8,787)|(2,720)||(11,507)|51,029|
|Net movement
in funds||5,549|2,047||7,596|61,002|
|Reconciliation offunds|||||||
|Total funds brought
forward||690,619|184,805|292,668|1,168,092|1,107,090|
|Total funds carried forward||696,168|186,852|292,668|1,175,688|1,168,092|
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|||||2023|2022|
|---|---|---|---|---|---|
|||Note||||
|FIXEDASSETS||||||
|Tangible fixed assets||17||292,668|292,668|
|Investments||18||771,647|823,622|
|||||1,064,315|1,116,290|
|CURRENT ASSETS||||||
|Debtors||19|5,093||7,709|
|Cash at bank and in hand|||147,551||87,992|
||||152,644||95,701|
|CREDITORS: amounts|falling due|||||
|within one year||||||
|Trade creditors|||5,641||3,827|
|Other creditors including|taxation and|||||
|social security||20|536||1,742|
|Accruals and deferred income|||35,094||38,330|
||||41,271||43,899|
|NET CURRENT ASSETS||||111,373|51,802|
|TOTAL ASSETSLESS|CURRENT|||||
|LIABILITIES||||1,175,688|1,168,092|
|NET ASSETS||||1,175,688|1,168,092|
|FUNDS OF THE CHARITY||||||
|Endowment
funds||||292,668|292,668|
|Restricted funds||||186,852|184,805|
|Unrestricted
funds||||696,168|690,619|
|Total charity funds||22||1,175,688|1,168,092|
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|prepayment
will lead to areduction
DONATIONS
AND LEGACIES|in future payments
or a cash refund|.||
|---|---|---|---|
||Unrestricted|Restricted|Total funds|
||funds|funds|2023|
|DONATIONS||||
|Donations|165||165|
|GRANTS||||
|Grants receivable||3,450|3,450|
||165|3,450|3,615|
||Unrestricted|Restricted|Total funds|
||funds|funds|2022|
|DONATIONS||||
|Donations||||
|GRANTS||||
|Grants receivable||||
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|||||Umestricted|Total Funds|Unrestricted|Total funds|
|---|---|---|---|---|---|---|---|
|||||funds|2023|funds|2022|
||Almshouses|residents'|contributions|117,639|117,639|111,636|111,636|
|6.|INVESTMENT INCOME|||||||
|INVESTMENT INCOME||||
|---|---|---|---|
||Unrestricted|Restricted|Total funds|
||funds|funds|2023|
|Rent received|5,530||5,530|
|Income from listed investments|14,385|4,453|18,838|
|Bank interest receivable|1,051||1,051|
||20,966|4,453|25,419|
||Unrestricted|Restricted|Total funds|
||funds|funds|2022|
|Rent received|3,800||3,800|
|Income trom listed investments|14,615|4,470|19,085|
|Bank interest receivable|7||7|
||18,422|4,470|22,892|
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||Unrestricted|Total funds|Unrestricted|Total funds|
|---|---|---|---|---|
||funds|2023|funds|2022|
|||||f.|
|Wood Management|||1,403|1,403|
|Insurance|730|730|461|461|
||730|730|1,864|1,864|
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|EXPENDIT|URE ON CHARITAB|LE ACTIVITIES BYFUND TY|PE||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total funds|
|||funds|funds|2023|
|Almshouses|costs|104,605|2,436|107,041|
|Donations||9,613||9,613|
|Supportcosts||9,166||9,166|
|||123,384|2,436|125,820|
|||Unrestricted|Restricted|Total funds|
|||funds|funds|2022|
|Almshouses|costs|106,459|630|107,089|
|Donations||7,448||7,448|
|Supportcosts||8,153||8,154|
|||122,060|630|122,691|
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|EXPENDI|TURE|ON CHARITAB|LE ACTIVITIE|S BYACTIVI|TY TYPE||
|---|---|---|---|---|---|---|
||||Activities||||
||||undertaken||Total funds|Total funds|
||||directly|Support costs|2023|2022|
|Almshouses|costs|(see note to)|107,041||107,041|107,089|
|Donations|(see note|11)|9,613||9,613|7,448|
|Governance|costs|(see note 12)||9,166|9,166|8,154|
||||116,654|9,166|125,820|122,691|
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|ANALYSIS OFALMSHO|US|ES COSTS|||
|---|---|---|---|---|
||||Total 2023|Total 2022|
|Wardens'
salaries and national||insurance|27@02|27,814|
|Wardens'
pension costs|||2,860|2,437|
|Clerks' salary and national|insurance||7,739|7,922|
|Clerks' expenses|||292|294|
|Light, heat, rates and water|||9,715|6,713|
|Routine maintenance|||8,453|4,987|
|Bad debts||||467|
|Insurance|||2,952|2,869|
|Gardening
and cleaning|||7,248|6,087|
|Legal and professional|||4,970|5,554|
|Telephone
and other ofBce|costs||2/03|3,030|
|Residents'
welfare|||2,099|2,393|
|Advertising|||(338)|338|
|Seminars
and training|||1,434|197|
||||77,029|71,102|
|Cyclical maintenance|||19,848|21,571|
|Improvements
to the estate|||9,464|13,786|
|Restricted|||||
|Extraordinary
repairs|||700|630|
||||107,041|107,089|
|ANALYSIS OF DONATIONS|||||
||||2023|2022|
|GRANTS TO INSTITUTIONS|||||
|Vicars|||116|78|
|Lecturer|||72|120|
|Gathering
Place||||1,000|
|Halifax Minster Education|project||1,000||
|Christians
Together|||1,000||
|Halifax Civic Trust|||125||
|StAugustines|||2,000|1,000|
|Overgate|||300|250|
|John Mackintosh|||5,000|5,000|
|Total grants|||9,613|7,448|
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||||2023|2022|
|---|---|---|---|---|
|Wardens'
salaries and||national insurance|1,437|1,455|
|Clerks' salary|and national insurance||1,934|1,980|
|Clerk's expenses|||291|293|
|Bank charges|||80|96|
|Insurance|||380|380|
|Independent|examiners|report|&45|770|
|Legal and professional||fees|4,199|3,180|
||||9,166|8,154|
##
|NET LOSSE|SON INV|ESTM|ENTS|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2023|Funds|2022|
|||||||f.||
|Gains/(losses)|on listed|investments||(1,020)|(1,020)|||
|INDEPENDENT EXAMINATION FEES||||||||
|||||||2023|2022|
|Fees payable|to the independent||examiner|for:||||
|Independent|examination|ofthe|financial|statements||845|770|
|Other financial services||||||2,011|1,948|
|||||||2,856|2,718|
##
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|The total|staff costs an|d employee|benefits for the reporting
perio|d are analysed as foE|ows:|
|---|---|---|---|---|---|
|||||2023|2022|
|Warden's|salaries and|national
insurance||28,739|29,269|
|Clerks' salary, national||insurance|and contractor costs|9,674|9,902|
|Employer|contribution|to pension|plans|2,860|2,437|
|||||41,273|41,608|
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|TANGIBLE FIXEDASSETS||
|---|---|
||Freehold|
||property|
|Cost||
|At I March 2022 and 28February 2023|292,668|
|Depreciation||
|At I March 2022 and 28February 2023||
|Carrying
amount||
|At 28February 2023|292,668|
|At 28 February 2022|292,668|
##
|INVESTMENTS|||||
|---|---|---|---|---|
|||Listed|Investment||
|||investments|properties|Total|
|Cost orvaluation|||||
|At 1 March 2022||770,122|53,500|$23,622|
|Additions|||||
|Disposals||(40,469)||(40,469)|
|Fair value movements||(l(,506)||(11,506)|
|At 28 February|2023|718,147|53,500|771,647|
|impairment
At IMarch 2022 and 28February 2023|||||
|Carrying
amount|||||
|At 28February|2023|718,147|53,500|771,647|
|At 28 February 2022||770,122|53,500|$23,622|
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|||Cost|Fair value|Cost|Fair value|
|---|---|---|---|---|---|
|||2023|2023|2022|2022|
|CCLA COIF|Ethical|||||
|Investment
Fund||||||
|(49,629 Income units)||82,113|137,313|82,113|143,362|
|CCLA COIF|Ethical|||||
|Investment
Fund||||||
|(19,654 Income units)||50,000|56,775|50,000|56,775|
|Charibond (33,492||||||
|Income units)||||40,469|39,763|
|Newton Growth &||||||
|Income fund|for|||||
|Charities (207,280||||||
|income units)||154,192|332,478|154,192|330,778|
|Sarasin Alpha|CIF for|||||
|Endowments|(145,370|||||
|Income units)||115,000|165,418|115,000|173,281|
|Sarasin Alpha|CIF for|||||
|Endowments|(21,949|||||
|Income units)||25,000|26,163|25,000|26,163|
|||426&305|718,147|466,774|770,122|
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|2023|2022|
|---|---|
|5,093|7,709|
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|DUK|WITHIN|ON|E YE|AR|||
|---|---|---|---|---|---|---|
||||||2023|2022|
|Social|security|and|other|taxes|536|674|
|Other|creditors|||||1,068|
||||||536|1,742|
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|Unrestricted|funds|||||||
|---|---|---|---|---|---|---|---|
|||At|||||At|
|||1 March||||Gains and|28February|
|||2022|Income|Expenditure|Transfers|losses|2023|
|General funds||388,880|138,770|(103,558)|(33,581)|(9,807)|380,704|
|Cyclical||||||||
|maintenance|fund|||||||
|(CMF)||119,679||(19,856)|19,856||119,679|
|Extraordinary||||||||
|repair fund (EFD-||||||||
|D)||182,060|||13,725||195,785|
|||690,619|138,770|(123,414)||(9,807)|696,168|
|||At|||||At|
|||1 March||||Gains and|28 February|
|||2021|Income|Expenditure|Transfers|losses|2022|
|||||6||||
|General funds||357,008|130,058|(102,353)|(34,903)|39,070|388,880|
|Cyclical||||||||
|maintenance|fund|||||||
|(CMF)||119,900||(21,571)|21,350||119,679|
|Extraordinary||||||||
|repair fund (EFD-||||||||
|D)||168,507|||13,553||182,060|
|||645,415|130,058|(123,924)||39,070|690,619|
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|Restricted|funds|||||||
|---|---|---|---|---|---|---|---|
|||At|||||At|
|||1 March||||Gains and|28February|
|||2022|Income|Expenditure|Transfers|losses|2023|
||||||||8|
|Extraordinary||||||||
|repair fund|(ERF)|184,805|4,453|(700)|—|(2,720)|185,838|
|Community||||||||
|Foundation|for|||||||
|Calderdale|||3,450|(2,436)|||1,014|
|||184,805|7,903|(3,136)||(2,720)|186,852|
|||At|||||At|
|||1 March||||Gains and|28 February|
|||2021|Income|Expenditure|Transfers|losses|2022|
|Extraordinary||||||||
|repair fund|(ERF)|169,007|4,470|(630)||11,958|184,805|
|Community||||||||
|Foundation|for|||||||
|Calderdale||||||||
|||169,007|4,470|(630)||11,958|184,805|
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|Endowment|funds|||||||
|---|---|---|---|---|---|---|---|
|||At|||||At|
|||1 March||||Gains and|78February|
|||2022|Income|Expenditure|Transfers|losses|2023|
|Permanent||||||||
|Endowment|Fund|292,668|||||292,668|
|||At|||||At|
|||1March||||Gains and|28 February|
|||2021|Income|Expenditure|Transfers|losses|2022|
|Permanent||||||||
|Endowment|Fund|292,668|||||292,668|
|ANALYSIS|OFNET ASSETS||BETWEEN FUNDS|||||
||||Unrestricted||Restricted|Endowment|Total funds|
|||||funds|funds|funds|2023|
|Tangible fixed assets||||||292,668|292,668|
|Investments||||584,795|186,852||771,647|
|Current assets||||152,644|||152,644|
|Creditors less than I year||||(41,271)|||(41,271)|
|Net assets||||696,168|186,852|292,668|1,175,688|
||||Unrestricted||Restricted|Endowment|Total funds|
|||||funds|funds|funds|2022|
|Tangible fixed assets||||||292,668|292,668|
|Investments||||638,817|184,805||823,622|
|Current assets||||95,701|||95,701|
|Creditors less than I year||||(43,899)|||(43,899)|
|Net assets||||690,619|184,805|292,668|1,168,092|
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