The Leeds Philosophical and Literary Society
2051h Annual Report for 2024-2025
C￿L￿
1819
THE LEEDS PHILOSOPHICAL AND UTERARY SOCIETY LIMITED
(COMPANY NUMBER 177204)
A COMPANY LIMITED BY GUARANTEE
TRUSTEES REPORT & ACCOUNTS
FOR THE YEAR ENDED
30th September 2025
CONTENTS
Members of the Counal
Page 2
Report of the Council
Page 2
Achievements and Perfonnanc
Page 4
Events
Page 5
Grants Awarded
Page 6
Extemal Examinerfs Report
Page 9
Statement of Finanaal Activities
IncL)rporating an Income and
Expenditure Account
Page 10
Balan￿ Sheet
Page 11
Notes to Ace£)unts
Page 12

The Leeds Philosophic81 and Literary SocAety
205th Annual Report for 2024-2025
THE LEEDS PHILOSOPHICAL AND UTERARY SOCIETY UMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Constitution
Company limited by Guarantee.
Registered number 177204
Registered charity number 224084
Govemlng Body
Memorandum and articjes, adopted 2 July 1997
Members of the Councll (Who are Trustees for Charlty Law and dlrnctors for Company
Law)
Presldent
Vice-Presldent
Treasurer
Dr Martin Stsniforth
Professor Eric Blair
Mrs Helen Kemp (appointed 5 December 2024)
Mr W8rren Smith (relired 5 December 2024)
Mrs Jane Mitchell
Secretary
Other Councll Members Mrs Caroline Allison (appointed 5 December 2024)
Dr Kersten Hall
Dr Christine Holdstock
Hon. Alderwoman Elizabeth Nash
Mr Brian Selby
Mr George Sykes (appointed 5 December 2024)
Mr Alex Taylor (appointed 5 December 2024)
Professor Wendy Webster
Ms Janet Douglas (died 4 November 2024)
Reglstered Office
Glo Leeds City Museum, Cookridge Street, Leeds, LS2 8BH
Webslte
www.leeds
hilandlit.or
.uk
Bankers
Lloyds Bank, 65-68 Briggate, Leeds, LS16LH
Snvestment Athiisors
Rathbones Group PIC
30 Gresham St￿et, London, EC2V 7QP
Accountant
Katharine Widdowson, FCA,
406 Otley Road, Leeds, LS16 8AD
The Council presents its report and financial statements for the year ending 301h September 2025.
The finanaal statements ¢x)mply with current statutory requirements and wtth the requirements of
the Society's memorandum and artides.

The Leeds Philosophic21 and Literary Soaety
2051h Annual Report for 2024-2025
CONSTITUTION
The Soaety is a company limited by guarantee governed by its memorandum and artides of
assocAation. Membership is open to anyone on a payment of an annual subscriplion whith is due
on 1 October each year. Free Associate Membership is offered to anyone be￿een the ages of 18
and 25. Paying members, Assooate Members and elected Honorary Members are entitled to vote
at the AGM. In the event of the Society being wound up, every person who is a member, or who
has been a member for one year. is liable to contribute to the debts and liabilities of the Soaety a
sum not exceeding £10.
At an Extr80rdinary General Meeting of the Society held on 16 September 2025, members
approved an amendment to the Society's Objects to indude the making of grants. This had
received the prior approval of the Charity Commission. The Charity Commission consent and
Special Resolution were registered at Companies House on 22 September 2025 and approved on
23 September 2025.
The Objects now read..
To promotè the advan￿ment of science, literature and the arts in the City of Leeds and
elsewhere by makiro grants, holding, or providing for meetings, lectures. dasses and
entertainments of a saentffic. literary and artistic nature.
STRUCTURE. GOVERNANCE AND MANAGEMENT
The members of the Society's Council are both directors for Companies Act purposes and trustees
for Charities Act purposes. One third of the members of Counc41 retire at each Annual General
Meeting (normally held in December), when appointmants or reappointments are made. CouncFI
has powers to co-opt to its membership. Membership of the Council tskes account of the need to
have members with expertise to cover the variety of activits'es of the Society. All members of the
Soaety are notified prior to the AGM of the names of the Council members who are due to retire
and are invited to submit nominations. At the AGM on 5 De￿mber 2024, Warren Smith,
Treasurer of the Society retired from Counril at the end of his term of office. Eric Blair was re-
eleded to Council and Caroline Allison, Helen Kemp, George Sykes and Alex Taylor were elected
for the first time.
The offi￿rS of the Society are elected by 8nd from the members of Counal at their January
meeting.
Counal met on six ocrasions during 2024-2025. Parts of its business were delegated to the
following committees..
Grants chaired by Martin Staniforth with Eric Blair, Wendy Webster and Helen Kemp.
Events and Communlcatlons chaired by Christine Holdstock with Alex Taylor, George
Sykes and Rachael Unsworth as Events Secretary.
Museums chaired by Brian Selby with Jane Mttchell, Elizabeth Nash and Caroline Allison.
The committees are required to act in accordance with the Society's Aims and Policies, and their
recommendations are put to the Council for its approval.
Nomian Madill has continued 8s the Assistant Secretary managing the Society's links with its
members and other necessary administrative matters. Patrick Bourke conkn'nued as Assistant
Treasurer administering day-to4ay finanoal transactions of the Sooety induding applications for

The Leeds Philosophical and Literary So(aety
205th Annual Report for 2024-2025
membership and Rachael Unsworth continued in her role of Events Secretary. Nina Best for
Dream Machine Digital Ltd. is retsin8(I to manage the Socaety's website.
Pollcles and Pmcedures
PolicAes for Conflict of Interest, Complaints and Safeguarding were approved during 2025 by
members of Counc41. The Society website was updated to accommodate the cnmplaints policy
statement.
Membership
During the 2024-2025 year, the Society regrettably lost 2 members through death. Janet Douglas
and Geoffrey Wain. There were 14 resignations, and 33 Assocrate Members were unresponsive
to requests as to whether they wished to continue membership and have therefore been removed
from membership.
At the end of September 2025, the total membership was 238, induding 17 Associate Members
and 8 Lrfe Members.
The Soclety's Alms and Activities
General
The Soaety aims to promote the advancement of science, literature and the arts in the City of
Leeds and its immediate area. In furtherance of this aim, which the Council believes to be of
benefit to the public in this area, the Counal's policy has been to disburse its ino)me as follows
by:_
Providing a programme of free public lectures relevant to the Society's aims
Supporbng the work of the City of Leeds Museums and Galleries
Supporting other activities in Leeds of a scientific. literary or artistic nature
ProvFding grants for purposes of research, publication or artistic perfomance
Mairitaining a detailed website induding live lectures. histories and forthcoming events
Grant Maklng Pollcy
In making grants to promote the advancement of the Society's aims, Council places particular
emphasis on (but does no limit its grants to) the support of adivities which directiy benefit the
itizens of Leeds or assist those engaged in ac2demic and scholarly activities relating to Leeds
and its immediate area. It does not give grants in general support of students on taught courses.
The value of grants is nomally in the range of £100 to £1,000, although this limit may be
exceeded in speci81 cir(wmstances. The Council is keen to support new endeavours and projects.
The SocIet￿5 Archlves
The Soaety's archives are held predominantty in the Special Collections section of the Brotherton
Library, university of Leeds. An archive relevant to the Leeds City Museum <AC￿Ssion Register
and other effects) is held in the Leeds Discovery Centre, Carfisle Road, Leeds, LS10. Remaining
books and administrative papers are held in the office in the Leeds Museum. Cookridge Street,
LSI. The archives are available for public consultation by appointment.
ACHIEVEMENTS AND PERFORMANCE
The 2024 Annual Review was modemised in the light of a member survey. Together with shorter
reviews, easier to read font and more illustrations, Council decided to streamline the administrative
and financial details induded in the Annual Review. As a result, the Annual Report is no longer
induded in the Review but is available for member and public aC￿sS online on the Soaety's
webSIte.

The Leeds Philosophi￿1 and Liter8ry Soctety
2051h Annu81 Report for 2024-2025
The Soclety's Events October 2024 - September 2025
2024
1 October.. John Roles Memorial Lecture. Dr Gillian Cookson, 'Industrial Revolution
in Leeds.. the great variety of innovation in a prospering eighteenth-century town,
21 October: Professor lan Rithardson, 'Joseph Aspdin and the invention and
production of Portland Cement, _ on the 200th anniversary of Joseph Aspdin's
patent
6 November.. The Annual Priestley Lectu￿. Dr Catherine Walsh, 'The James Webb
Telescope and implications for humanity,
25 November: Professor Nid( Plant, 'Rubbish dumps and baby bottles.. why
toxicology is importanr
5 December.. Annual General Meeting & Dinner, speaker, David Obaum, Ba￿lster
2025
13 January: Professor Carolin8 Dodds Pennock. University of Sheffield, 'How
indigenous Americans discovered Europe.
30 J8nuary'. Professor Tony North in conversation with Dr Kersten Hall, 'A lrfe of
saentific research,
27 February.. Trevor Burgess, artist-curator, What colour is that? Notes of a painter
on the slippery properties of colour
24 March: Paul Fellovrfs, FRAS, Fellow of the Institute of Engineering &
Technology, 'How big is the universe?,
10 April.. Dr Christine Holdstock, colour chemist, 'A History of Pigments - colour in
art from cave paintings to Leeds street art,
17 May LPLS collaborated with the University of Leeds 'Be Curious, festival -
engaging young people with research
17 June: Professor Malcolm Dando. 'The1925 Geneva Protocol Centenary:
preventing chemical and biological warfare today,
15 July.. Andy Wilson of Yorkshire Cancer Research, '8erenblum and the Bari
Bombs - How tragic incidents in both World Wars and the research of Isaac
Berenblum in Leeds, cnntributed to the discovery of chemotherapy,
5 August.. Visit to the archive of the Society of Dyers & Colourists in Bradford
18:00 Wednesday 3 September.. Alan Ereira, historian and documentary film
maker, 'The Secret of John Ogilby and the first road map - a new tool of dictatorship,

The Leeds Philosophic21 and Literary Soaety
205th Annual Report for 2024-2025
Grants Awarded
During the year, October 2024 - 30 September 2025: the followng grdnts were awarded totalling
£13,975
Tyler Pickles, £800 for'Family First,, a new play about northem working-dass people,
performed and written by people from the same background.
Osman Hamed-Fontanilla, £250 to help fund an historically informed performance of
Tomas Luis d8 Victoria's Tenebrae Responsories by the Leodis Consort.
Jane Mitchell, £800 for professional photography required for a biography of the
sculptor Alfred Drury (1856-1944).
Bronagh Daly, £600 to support the Leeds Literature Festival to welcome audiencps to
local and celebrated aLrthors, writers and poets through a series of small and infonnal
y￿rkshopS and events between 14th-22nd June 2025.
Fidget Theatre, £800 to subsidise perforMan￿S of their original family theatre show
'Pirate Bonnie, for schools and CL)mmunity settings in Leeds, with a speafic focus on
communities in areas of high deprivation.
Ellie Harrison, £800 to produce 'lconic Fatigue,, a visual arts project that increases
awareness of Chronic Fatigue in Leeds.
Leeds Intemational Afiican Arts Festival, £750 to bring 'Estherfs Revenge, to Leeds
Minster and to support community engagement with Leeds-based groups for women
experienang domestic violence.
Friends of Gledhow Valley Woods, £500 to highlight to the o)mmunity and dectsion
makers the findings of the first year of cits'zen saence water quality monitoring in
Gledhow Bed(.
Andrea Heaton, £800 towards the costs of a community choir and musical director for
'Penelope', a play based on Greek myth and intended to deliver integrated aC￿sS and
community participation.
Steven Burt, £8CK) towards the cost of publishing 'An Illustrated History of Chapel
Allerton,.
Mark Epstein, £500 to support the establishment of a Ixjmmunity photogr8phy group
involving refugees and asylum seekers.
Kery Wright, £800 to fund performances of I<AILEY, a show th8t explores parental
imprisonment, and to run creative workshops for young people who face financial
barriers in Armiey.
Adam Stone, £800 to deliver'ln Conversation Wth Artists," a four-part seminar series
hosted by Leeds Paint Club at Hyde Park Book Club, fostering artistic dialogue,
professional development, and community engagement.

The Leeds Philosophical and Literary Soaety
205th Annual Report for 2024-2025
Christopher Webster, £8CQ towards the cost of publishirKJ a book on architect Chades
Watson to enable the book to be sold at the lowest possible pri￿.
Rosie Clark, £8(J) tOW8rds the cost of running ma￿'S facilitated drama group for
women and non-binary people in Leeds.
Peter Spafford, £600 to produce a series of innovative short audio plays for Writing
On Air 2025.
Chris Hindle, £500 towards the cost of a publication by the Thoresby Sooety on Leeds
historian Ralph Thoresby to coincide with the tercentenary of his death.
Ndidi Nkwopara, £800 to supp)rt choral performances by Leeds-based diaspora
choirs at the Leeds Intemational African Arts Festival 2026.
Natasha Howes, £975 to de5iver three BSL signed tours of Light Night L88ds to the
deaf community in Leeds.
Claire Alcock, £500 towards the cost of organising and delivering the Leeds St
Patrick's Day parade in 2026.
Leeds City Museum
We have continued to enjoy a good relationship with the staff of the Museums, whom we are most
grateful for their collaboration. The Museums Committee comprises of representatives from
Counril and the Leeds Museums Servi￿. The Director, David Hopes attended Counal meetings
and the tsvice-yeady Museums Committee meetings, providing reports when not in attendanc￿.
Opportunities wer8 taken to discuss collaborative events and grants to support the museum.
Financlal Revlew
The SocÉety's budget aims to fund all its events (ledures, trips, dinners etc.) and grants from its
income, kn major streams of which are the dividend income and subscriptions. The events
expenditure is offset by income. This budget omits the payment made during the year to the
investment 8(Jvisers, which means that annually overall expenditure often eX￿edS income. The
Soaety's financAal position has been monitored regularly by the Counc41.
Dividends within the financial year amounted to £18,802 and subscriptions and donations
(induding gift aid refund) to £6,570. The total value of the Soc4ety's investment portfolio
(investments and cash held) incTeased slightly this year to £475,347.
There were 20 grants awarded during the financial year. The total sum of grants awarded was
£13,975.
Reserves Pollcy
The Sooety's reserves comprise an unrestricted fund derived from past benefactions and its
annual subscriptions. induding prO￿edS from the sale of the Philosophical Hall to Leeds City
Counal in 1921. The fund increased in value over the years as in￿rne exceeded expenditure and
the value of investments increased. Since the Society adopted the constituts'on of 1997, CouncAI's

The Leeds Phil
205th Annual R
sophical and Literary Socaety
port for 2024-2025
aim in the medium term has Pe
n to fund its activities as described above and to sustainlincrease
the capital value of its investm
ts whilst using all the ahnual dividénd in(￿me to promote the in-
year activities. The Society's idcome.and expenditure, however, varres from year to year
depending on market volatility. CounFiI therefore considers it prudent to hold modest liquid
reserves with Lloyds Bank.
Investment Policy
There are no restrictions in the Society's Mernorandum and Artides on the Society's power to
invest. Counal's investment objectives are to maintain a level of dividend income sufficient to
contribute substantially to the suc4e￿s activities, while promoting the capital value of its invested
assets over the long term. To this eny, it is the Society's normal prdctice to reinvest realised gains
on its assets. Council delegated the management of its investments on a discretionary basis to
Rathbone Group Plc.
Rlsk Management
Income: The investment managers pursue 8n active investmenl policy to generate In￿Me on the
SocAety's behalf. The outcomes are regularly reviewed by the Trustees.
Expenditure: Expenditure on individual events and grants usually represents a small part of total
expenditure and risks are minimised by standard procedures for authorisation of all finanoal
transactions. The potential risks at the Soaety's events are considered as part of the planning for
them and appropriate steps are taken, induding the arrangement of Public Liability Insuran￿ as
necessary.
The quality of the Society's events and the outcnme of grants that have been awarded are
reviewed by the Trustees, and details published in the Annual Review, to ensure that all the
Society's activities are of 8 high standard consonant with its Aims.
The Society has tsken 8dvantage of the small companies exemption in preparing this Directors
Report.
Approved by Members of the Council on 13 November 2025 and signed on their behalf by
Martin Staniforth (Presldent)
Jane Mltchell (Secretary)

Independent examlner's report to th¢ trustees of Leeds Phllosophical and
Llterary Soclety ('%he Company")
I report to the charity trustees on my examination of the accounts of the Company for
the year ended 30 September 2025.
Responslbllities and basls of report
As the charity's trustees of the Company (and also its directors for the purposes of
company law) you are responsible for the preparation of the accounts in accordance
with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be
audited under Part 16 of the 20C6 Act and are eligible for independent examination, I
report in respect of my examination of your tharity's accounts 8S Carried out under
section 145 of the Charities Act 2011 ('the 2011 Ad'}. In carrying out my examination
I have followed the Directions given by the Charity Commission under section 145(5)
(b) of the 2011 Act.
Independent examlner's statement
I have completed my examination. I cnnfimi that no matters have come to my
attention in connection with the examination giving me cause to believe..
1. accounting re[￿rdS were not kept in respect of the Company as required by
section 386 of the 2006 Act., or
2. the accounts do not accord with those records" or
3. the accounts do not comply wth the accouniing requirements of sedion 396 of the
20C6 Act other than any requirement that the accounts give a 'true and fair vievl
which is not a matter considered as part of an independent exarnination" or
4. the 8c£ounts have not been prepared in accordan￿ with the methods and
principles of the Siatement of Recommended Practice for accounting and reporting
by charities lapplicable to charities preparing their acts)unts in accordance with the
FinancFal Reporting Standard applicable in the UK and Republic of Ireland (FRS
102)].
I have no cnncems and have come auoss 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 reathed.
Katharine Imddowson FCA
406 Otley Road, Leeds LS16 8AD
Date:

THE LEEDS PHILOSOPHICAL AND LITERARY SOCIETY LIMITED
STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING
AN INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
io
Note
2025
General
Fund
2024
General
Fund
Incomè from:
Subsuiptions and donations
Investments
Charitable activities
6.570
18.802
1,973
6.375
17,241
1234
Total income
27,345
24,850
ExPendI￿re ¢)n".
Investment management fees
Charftsble a¢tivilies
4,440
30,642
4.381
29.914
Total expenditure
35,082
34,295
GainsllLosses) on inveslment assets:
Realised
Unieall8ed
(4921
16,252
3,628
32,439
Totsl gainsl (ltssses)
15.760
36,067
Net income forthe
8,023
26,622
Reconciliation of funds
Fund balances brought forward
470,789
444,167
Fund balances carried fo￿rd
478,812
470.789
The Society had no recognised gains or losses other th8n Ihose shown above.

THE LEEDS PHILOSOPHICAL AND LITERARY SOCIETY LIMITED
BALANCE SHEET
30 SEPTEMBER 2025
11
Note
2025
2024
Fixed a55ets
Intsngible
Investments
1.300
464,012
475,347
Current assets
Debtors
Cash at bank and in hand
1,905
6,046
7.951
1,789
6,031
7,820
Creditors-. amounts faI￿ng due
V*ithin one year
{4.486)
(2.343)
Net current assets
5,477
Total nel assots
478.812
470,789
Funds
General Fund- unrestricted
478,812
470,789
Total charity funds
478.812
470,789
For the year ended 30 September 2025 the companywas entiiled to exemption from audt under section 477
of the Companies Act 2006 relating to small companies. No member eligible to do so has required the
company to obtsin an autht of its accounts for the yea¥ ended 30 September 2025 in accordance wth 8eclion
476 of the Companies Act 2006.
Directors. rn$ponsibilitles:
The directors acknowledge their responsibility for ￿MplYIng Y￿1h the requirements of the Companies Act
2006 wth respect lo accounting records and the preparation of the accounts.
These accounts have been Prepared and delivered in accordance vlth the provisions appIl￿ble to
companies subject to the small companies regime.
Approved by the directors on 13th November 2025 and signed on their behalf by.
M St8nlforth
President
HAKemp
Treasurer

THE LEEDS PHILOSOPHICAL AND LITERARY SOCIETY LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
12
l Accounling policies
The PTin¢ipal accounting policies adopted in the prepafation of the finanual statements are as follows..
a) Baws of preparallon
The fffian¢ial statements have been prepared irb a¢¢ordance wth Accounling and Reporting by
Charities-. Ststement of Recommended Piactice applicable to ¢hariliey preparing their accounts in
accordance b%ith The Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS
1021 (effective 1 January 2019)- IChaTitses SORP {FRS 102)). the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006.
The Society meets the definition of a public benefit entity under FRS 102. Assets and liabifities are
Initialty recognised at historical cost or transaction value unless otherwse stated in the relevant
ac¢ounting poli¢y note.
b) Fundaccoundng
Unrestricted funds are available to spend on aclivities that further any of the purpow of the Society.
Designated funds are unrestricted fijnds whrch the trustees have decided at their discretion to set aside
to use for a specific purpose. Restri¢ted funds are tlonations wthich the donoT has specified are to be
used solely for a parbujlar activty by the Society.
¢) Income
Income 15 re¢ogni$ed wthen the Soaety has entilement to the funds, arby performance condttrons
relating to the rtem of income have been met. it is probable that the income wll be received and the
amount can be measured reliably. Subscriptions and donations are recognised when ieceived.
Investment income is included wllen it is Teceiwdble, and In¢￿deS any recoverable income tax.
dj Expendfture
Expendi￿re 1$ recognis6d once there is a legal or corbstructive obllgation to make a payment to a third
paty, il is proboble that setdement will be required and the amount of the obligation can be measured
reliably. NJI expenditure 1$ a¢￿Urrted for on an accruals basis. Expendilure on charitable activtlies is set
out in the notes to the accounts.
e) Tangible andlnt*nglble fi¥ed auets
Tangible and Intan￿ble fixed assets are initialty recognised at their trarb6action value and deweciated
from the dale they come unto use over their estimated useful lrfe.
Website- straight line over 4 years
O Fixed a88ets Inveslments
Investments are a form of basic financial instrument and are initialty recoLmised attheir transaetion
value and subsequendy measured at their fair value as at the balance sheet date using the closing
market price. The Ststement of Finaneial Adivities in¢ludes the net gain5 and Sosses arising on
revaluation and disposals throughout the year.

THE LEEDS PHILOSOPHICAL AND LITERARY SOCIETY UMITED
NOTES TO THE ACCOUNTS Iconlinuedl
FOR THE YEAR ENDED 30 SEPTEMBER 2025
Q Fixed assets inveslments
Al gains gnd losses are taken to the Statement of Financial Acti￿￿e8 as they arise. Realtsed gains and
losses are calculated as the difference between sales proceed5 and Ihe opening carrying value or the
purchase value if acquired during the year. Unrealised gains and losses are c8l¢ulated as the diffefence
betsveen the fair value at the year end and the carrying value. Realised and unreali5ed gains and I￿SeS
are combined in the Statement of Financial Aclivilies.
g) Debto
Trade and other debtor$ are recognised at the setmement amount due after any trade discount offered.
Prepayments are valued at the amount prèpaid. Ac¢rued income and tax recoverable is included at the
best estimate of the amount recelvable ot the balance Sheel date.
h) Cash at banlr and In hand
Cash at bank and cash ill hand includes cash and short term highty liquid invesbnents with a shcrt
maturty of three months or less from the date of acqui%ilion or opening ofthe deposit or similar
acoount.
J CredlttY8
Creditors are TecogriTrsed where the Society has a present obligation resulting from a past event that wll
probabty result in the transfer of funds to a thiid paTty, and the amount due to setue the obligation can
be measured or estimated reliably. Creditws are normally recognlsed at their settlemenl amount.
Grants payable are recognised %then Ihe 8ppllcation has been approved, the recipient has been told of
that approval and if applicable has accepted the terms related to the granl offered.
J) Golng co￿8￿
The trustees have prepared finanrAal projeclions taking into consideration the current economic climate
and its potential impact on the SOLbrces of Income and planned expenditijre. They have a reasonable
expe¢tstion that adequate financial resources are available to enable the Society to continue in
operational existence for the foreseeable future, and have adequate contingency plans in the event that
income streams 8re redu¢ed. The ffinan¢ial statements have therefore been prepared on the basls that
the Soclety is a going concem.
k) Crflicalaccounfrng e8timatss andjudgements
In the application of the charws accounling policies. the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabiltbe5 thal are not readi
apparent from other sources. The estimates and assodated assLFmpttons are based on hlstori¢al
experience and olher tactors that are con8Sdered to be relevant. AGknal results moy differ from these
estimates.
The estimates and underlying assumptions are revlewed on an onooing basis. Revisions to accounting
estimates are recognised in the period in Nthi¢h the estimate is revBed. if the revK8ion affects onty that
period. 01 in the period of the revision and ftjture periods if the revision affects both current and future
periods. There are no estimates and assumptions that have a significant risk of causing a material
adjuslment to the Car￿ng amount of assets or liabil￿e$.

THE LEEDS PHILOSOPHICAL AND LITERARY SOCIETY LIMITED
NOTES TO THE ACCOUNTS (continued)
FOR THE YEAR EhlDED 30 SEPTEMBER 2025
14
2025
2024
2 Incon* from charitable adiviltes
Events and leciures
Publication sales
1,962
11
1,224
10
1.973
1.234
3 Analysis of staff Costs, trustee remuneration and expenses
and the cost of key managemenl personnel
There were no employees ofthe charity during the year or the pieviou8 year.
The key man8oement personnel are the tN8tee8. No remunerntlon was pald to any trustse durlng the
year or Ihe previous year. No travel expenses were reimbuised to twstees12024.. £Nil>. On occaslon
trustee may act as agent for the Society. make a purchase on its behalf and be reimbursed for this
expendllure, eg payment for 8tationery. Such expenditijre 15 not Telated to the services provided by the
trustees so is not disclosed.
The assistsnt secretary, as8i8tsnt treasurer and event8 secretary received honorari8 as disclosed In
note 4.
2025
2024
4 Expenditure on charitable a¢liviti•s
Grant rnaknng
Projects or organlsations {10 Lrants. 2024.. to grants)
Individuals 19 gTants', 2024: 7 grants)
Leeds Cty Coundl (1 grant- 2024= 1 grant)
6,400
6,600
975
6.911
5,049
2,000
13,975
13,960
The ￿ant recipients are listed in the Annual Report for the year.
2025
2024
Events and le¢turns
Events and leG￿reS
3.721
2,356

THE LEEDS PHILOSOPHICAL AND LITERARY SOCIETY LIMITED
NOTES TO THE ACCOUNTS (continued)
FOR THE YEAR ENDED 30 SEPTEMBER 2026
15
2025
2024
4 Expendi￿re on charitab19 actlvlties (continued)
Support Costs
Annual Review
Postage and $tationery
Insurance
Accounlancy
Honoraria for assistant secretsry and treasurer
Honorarium for events secretary
Website hosting and maintenance
Amortisation of websile cost
Other expenses
1.048
662
522
709
405
720
4.000
2,000
3.837
1.300
105
700
4,000
2,000
2,58S
1,300
267
12,946
13,598
Total expwditure on
charilable activities
30,642
29.914
S Intangiblo fixed assets
Webstte
Cost
At 1 October 2024
5,200
At 30 Septsmbei 2025
5,200
Amorfisation
At 1 October 2024
Charge lor the year
3,900
1.300
At 30 September 2025
Net book value
At l October 2024
At 30 September 2025
5,200

THE LEEDS PHILOSOPHICAL AND LITERARY SOCIETY LIMITED
NOTES TO THE ACCOUNTS {continuedl
FOR THE YEAR ENDED 30 SEPTEMBER 2025
16
6 Fixed asset investments
Listed
Cash for
InveslJnents Investment
Total
2025
Totsl
2024
Market value at 1 October 2024
Les5=
Dr8posals at opening market value
Invesknent management fees
Add:
Acquisitions at cost
Cash reinvested
Net gains l Uosses) on revaluation
Market ¥a￿e at 30 Septsmber 2025
458,285
5,727
464.012
431,647
177,48n
(77,487)
(4,413)
(89,1841
{4,3011
(4,413)
56,374
(12)
20,621
56,362
20,621
16,252
475.347
68.747
4,664
32,439
464,012
16,252
453,424
21.923
Historical cost at 30 September 2025
379,227
21,923
401,150
404.561
2025
2024
Dt$posals:
Proceed5
Book value at 1 October 2024
76.995
(77,487)
{492)
92.812
(89,184)
3,628
Realised gain
AJI )Ixed asset investments are held in the UK, in nominee a¢¢ounts by the investment managers.
Detsils of the investment portfolio are as follows-
2025
2024
Unit antj investmont trusts holding UK and
non-UK equibes
Gilts. bonds and fixed Interest Stocks
302,090
151,334
21,923
330.006
128.279
5,727
464,012
Cash held by investment manayer$
475,347
Material inveslnwnts worth rnrè than 5% of portfolio
The portfolio includes 812024: 3) unit or investment trusts and one bond (2024.. 1 bond) worth betsveen
511A and 9•h of the total portfolio value.

THE LEEDS PHILOSOPHICAL AND LITERARY SOCIETY UMITED
NOTES TO THE ACCOUNTS (conlinued)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
17
2025
2024
7 Debtors
Investment income
Prepaid expenses
1,419
1287
502
1.905
1.789
2025
2024
8 CTedilor5: amounts falling due withln one year
Grants approvèd but not yet paid
Accrued expenses
975
3,511
4.486
2,343
2,343