Draft Flnancial Ststements at 21 May 2024 at 11:58:21 Charlty Reglstratlon No. 224207 THE EVANS CHARITY TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
Draft Flnanclal Statements at 21 May 2024 at 11:58:21 THE EVANS CHARITY LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr J P Mccollum ICo-DPtalive) Mr C A E Braithwaite {Co-OPtative} MTS VAllg)od (Nominative) Mrs H Benson IC(poplativel Mr N A Ridley {Co-optstivel Rev S A Lunn I C¢>optstive) Mr R Gib80n I C(poptalive} Charlty numb•r 224207 Prlnclpal addrnss Park End Slmonburn Hexham Northumberland NE48 3AA Ind•pond•nt 8xamlnor K Scott FCA Bassett Herron Mallan House Bridge End Hexham Northumberland NE46 4DQ Banke Lloyds Bank PIC Priestpopple Hexham Northumbertand NE46 1PA Sollclto Nitholson Porlnell Priestpopple House Hexham Northumbertand NE46 1PL Proporty advisors Land Factor 8ywell Estste Offlce Stocksfield Northumbedand NE43 7AQ
Draft Flnancial Stat•monts at 21 May 2024 at 11:68:21 THE EVANS CHARITY CONTENTS Page Twslees. report Stslemenl of trustees, responsibilities Indtspendent examintrr's report Statement of fin8nckql acaivilies Balance sheet Notes to the accounts 7-12
Draft Financial Statements at 21 May 2024 at 11:58:21 THE EVANS CHARITY TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The tnL8te8s presant their roport and xcounts for the year ended 31 December 2023. The accounts have been prepared in accordance %Mth th9 accounting policies sel out in rKJte 1 to the account5 and comply with the chanty's deed of corNeyance, the Charities Act 2011 and the Charitie¥ SORP IFRS 1021. Structure. governance and management The Evans Charity is consliluled under a deed of conveyancg dated 15 June 1883 which conveyance was registered uTrJer the Chantieskt 1960 on 21 June 1978. The trustees served durlng the year were.. Dr J P Mccollum {Co-optstwel Mr C A E Brailhwaite (CoHOPtalive) Mrs VAlgood {Nominalivel Mrs H Benson {Ctropl8tsve} Mr N A Rid18y IC(wtalivel Rev S A Lunn I Co*)tatlve} Mr R Gibson I C¢>optthve) The Trust Deed appK)ints as ex-officio trustee the Rector of th& Ecdesiastical Benefica of Humshaugh with Simonbum and K&rk. Two nominative trustees arfr appointg(I, one by tho Parish Council of Humshaugh and one by the Parish CounGil of Simcmburn. C(wlatiV8 trustees are appointed for a temi of five years but may be reappobnted. Poten future trustees are Sought who are of good character and standing and lorKJ established residènts in the ¢hariVs geographical area, wrth knowledge of the changing needs of each area of population. New trustees receive an dUCtion c4)urse on the Gharity¥ assets and objects and all trustee8 keep up to ¢Jate ih changes in law through th8 charity's accountsnt5. The trusvs assets are administered by the chaimian vtho reports six monthly lo the trustees. Requests for chartiable thnations are collected by any trustee who wll present the request lo the trustees al a Six mhlY meeting. The trustees have assessed the major risks to bthich the charity is exposed, and are satisfied Ihat Systems ara in place to mjtigate exposure to the major nsks. ObJeGtlves and actlvlties The objects of ch8rty are to manage and let18fKls under its jurisdiction lo eae grants to be made to any chanty for the relief of poor persons resident in the Ancient Parish of Hexham las constituted in 18551. for the relief of people in need and for advancement of education, including soaal and physical training of persons under the age of 25 resident in the Parishes of Hum$haugh and Simonbum or any other charitsble purpose. The tnjstees may not repeal or renew grants with regard to relief in need. In aco)rdance with Section 17151 of the 2011 chare5 Act the Iwstees have paid due regard to giidan¢e issued by the Charity commion in deciding what activities the charity should undertake as part of the public benefit requirement.
Draft Flnanclal Statements at 21 May 2024 at 11:58:21 THE EVANS CHARITY TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Flnancial revlew The charity retains property conveyed to rt and investments subsequenrfy mode in order to generate income for the purposes of Ihe charty in accordance with the lemis of the charity documents. Revenue reserves amount to £106,340 at 31st December 2023. Grant$ of £2.500 were made in the year. On behalf of the board of trustees Mr N A Rldley (Co-optativel TNstee Dated..
Draft Financial Statements at 21 May 2024 at 11-58.21 THE EVANS CHARITY STATEMENT OF TRUSTEES. RESPONSIBILITIES Th8 trustees are responsible for preparing the Trustees, Report and the accounts in accordan wilh applicable law and Uniled Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). The18w applicable lo charities in EnglaNI and Wales requThs the trustees to prepare account8 for each financial year which give a true and fair view of the slate of offairs of the chanty and of the incoming resources and application of resources of the chanty for that year. In preparing these accounts, the tJusle8$ are requred to.. - selert suitable aUnting poli*s arKI then Ih¢m siSterrtly'. - obseNe the methods and pnnaples in the Charilie8 SORP (FRS 1021. - make ludgements and estimates that are reasonable and pnjlenl: slate whether applicable acwunling standards have been followed. subject to any material departures disclosed and explained in the accounts,. and prepare the accounts on the going cec&M basis lesS It is inappropriole to presume that the charty will continue in operation. trustees are responsible for keeping sufficient accounting r8cords tha disdose with reasonable accuracy al any time the financial position of the charity and enable them to ensure that the accounts compty with the Charities Act 2011, the Charty (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for Safeguarding the assets of the charity and hence for taking reasonable steps ft the prevenb.on and detection of fraud and other irregu18rities.
Drnft Flnanclal Statèmfrnts at 21 May 2024 at 11:68:21 THE EVANS CHARITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE EVANS CHARITY I reFOrt on the accounts of the charty for the year ended 310ecemb¢r 2023, %thich are set out on pa9es 5 to 12. Respecllvg rosponslbllltles of trustee¥ and examlngr The Charity's trustees are responsible for the preparation of the accoLmts. The eharily's trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 Ilhe 2011 Adl and that an Independent examinallon is needed. It is my responsibiltty to.. examine the aceounts under section 145 of the 2011 Acl. lil) lo follow the procedures laid down in the General Dire¢tion$ glven by the Charity Commission und8r section 1451511bl of the 2011 Act,. and lili} lo slate whether partilar matters have come to my attention. Basis of Independent oxarnlnerfs report My examination was carried out in accordance wth the General Directions given by the Charity Commission. An examination Includes a review of the accounting records kepl by the charity an¢J a cclnparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the acu)unls, and seeknng explanations from you a5 trustees contsming any such matters. The procedures undertaken do not provide all the evidence that would be requirèd in an audit and consequentty no opinion is given as lo whether the acwunts present a Irue and fair view and the report is limited lo those matters sel out in trp statement below. Independ•nt examlnerfs Statement In connection with my examination, no matter has come to Tny attention.. (al whith gives me reasonable cause to believe that in any material respect the reouirements.. {1) to keep accounting records in accordance wrth section 130 of the 2011 Act.. and {iil to prepare accounts which accord wth the accountirrfJ records and comply wth the accounting requirements of the 2011 Act., not been met.. or (bl lo which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. K Scott FCA 8ass&tt Hgrron Mallan House Bridge End Hexham Northumberf8nd NE464Da Dated..
Draft Flnanclal Statoments at 21 May 2024 at 11:58:21 THE EVANS CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestrlcted Endowment funds funds Total 2023 Total 2022 Notes Incornln resourc•s from Investment ineome fund 31,988 31.988 31,431 Costs of gènèratlng funds Maintenance costs of investment property. Charltable activiti05 Grants paYat Other expenditure 2,609 6.021 2,$1)0 1.285 9.847 1,260 1.285 Total r6sour¢os •xpended 6,394 6.394 17.128 Net incoming r•sour¢es 25,594 25,594 14.303 Other recognlsed galns and losse5 Gainsllloss8s) on investment 8sset9 Proffil on Disposal of Investsnenls 6.771 17,877 (39.377) Net movgm•nt In funds 32.365 11.106 43,471 {25.074} Fund balances al 1 January 2023 138.928 1,332,970 IA71,898 1.496.973 Fund balances at 31 Decemb 2023 171,293 1.344.076 1.515.369 1,471,899
Draft Flnancial Statements at 21 May 2024 at 11:58..21 THE EVANS CHARITY BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Notes Flxod assets Tangible assets Investrnenls 993.500 383.548 993,500 365,673 1.377,048 1.359,173 Current assets Debltxs Cash at bank and in hand 10 200 141,432 200 115,412 141.632 115,612 Credltors: amounts falllng du• within one y•ar 11 13,3111 {2,886) Net current assets 138.321 112,726 Total assets less current Ilabllltles 1.515.369 1.471,899 Capltal funds Endowment fvnds 1.344.076 1.332,970 Income funds Unrestricted frjnds Unrestricted income funds Revaluabon reserve 106,340 64,953 80,747 58,182 171.293 138,929 1.515,369 1,471,899 The accounts were approved by the Tmstees on ................. . Mr C A E Braithwarte ICo-opl*'ve) Trustse Mr N A Ridley ICwptalive} Trustee
Drnft Flnanclal Statsments at 21 May 2024 at 11:68:21 THE EVANS CHARITY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 A¢¢ounting pollcles 1.1 8asls ol preparatlon chilY Infomiatr'c The Evans Charity is an unincorporated tharity based at Park End. Simonburn. Hexham, Northumberland. NE48 3A4. The accounts have bg8n prepared under the historical eost convention modified lo indude the revaluation of certain fixed assets. The accounts have been prepared in accordance th the Charltles SORP IFRS 1021 and the Charftles Act 2011. The accounts are prepared in slefliro, whh 1$ the functional currency of the charity. Monetary anounts in these aCuntS are rounded to the nearest £. 1.2 Incomlng resources Investment IrMe is indud¢d in the a¢¢ounl$ when received by or on behalf of the charrty. Rents ¥e induded when rK8ivable by tho ¢hanty. 1.3 Resources expend•d Exp&nthture 1$ in¢luded on an accrual basis. Maintenance costs of imiestment propety compri8e the costs directly incurred with regard to Ihe mantenance and running ofthe properties. Other expenditure eomprises the overheads of administration. Grants P8yable are charged in the year when the grant is paid. Irreerable VAT is included in the expenditure category to whth il rdales. 1A Tangible fixed assets and d8prnciation Tangible fixed assets are Staled at valuation. No depwiation is ¢hard as the buildings are kept in a frt and proper slate of repair. repairs and maintenance experlture bdng wrrtten off as incwred. 1.6 lTr•estments Investment assets aro included al the market value quoted by the respective investment managers. Gains and losses on Investments, both rèalised and unreallsed. are induded In the Statement of FinancialActivrti8s. 1.6 Fund accountlng Unrestricted fvnds are available for use at the discretion of the trustees In furtherance of the general objectives of the charity. ErKlowmenl fund5 are subject lo restrictions on their expenditure imposed on donation.
Draft Financlal Ststements at 21 May 2024 at 11-.58:21 THE EVANS CHARITY NOTES TO THEACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Investment Income 2023 2022 Rental Income Income from118ted investments 19.703 10.680 21,303 10.128 31.988 31,431 R•nls Recelved 2023 2022 Simonbum cottage Simonburn Lodge Grazing landlgarage leave 14.400 4.320 95D 14,4QO 4,320 2,550 33 19.703 21,303 Totsl resources expgnded Other CO8ts Grant funding Total 2023 2022 Costs of generating funds Maintenance costs of investment property. 2.609 2.609 6.021 Charitablo actlvltl•s Grant fundirbg of activities 2.600 2,$00 9,847 other expenditure 1,285 1.286 1,260 3.894 2,600 6.394 17,128
Draft Financial Statements at 21 May 2024 at 11:68:21 THE EVANS CHARITY NOTES TO THE ACCOUNTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 Total resources oxpgndod {Contlnuod) MaintenarKe costs of Investment Propw 2023 2022 Insurance Repairs 1,227 1,382 1,026 4.996 2.609 6,021 Gr•nts Payablo 2023 2022 Wark Piimary School reading support Wark Parish Council PCF Hum$h8ugh easter trails Church of EnglaThY schcx)I multi g081$ Humshaugh Village Hall platinum Jubilee Scouts Jamboree Sl Peters Churth Wall & Chur¢hrd 500 2,000 1,500 860 300 276 51)0 6,420 2,300 9.846 Olher exyndlture 2023 2022 other expenditure comprises.. Indep8TrJ8nl Examiner 1.285 1.260 1,285 1,260 Trustees NO of the trustees {nor any persons connected wlh them) received any remuneration or other fom of tenefrt from Ihe charity duriro the year. Employ008 There were no employees during the y8ar.
Draft Flnanclal Ststoments at 21 May 2024 at 11:58:21 THE EVANS CHARITY NOTES TO THE ACCOUNTS (CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Tangible flxed assets Freehold Land and bulldlngs Cost or valuallon At 1 January 2023 and al 31 D•cember 2023 993.500 Dopreciation Al 1 January 2023 Charge for the year At l January 2023 and at 31 Decembèr 2023 Net book value At 31 Dacomber 2023 993.500 At 31 December 2022 993,500 re is rts) record of the hislodcal cost of the land and buildings. The properties were valued at 20th February 2015 by Land Factor on an open market value bass. They are registered in the name of the Official Custodian of Charitses on behalf of Ihe charity. The truslegs are not aware of any material chan9e in the valuation btheen the valuth.on date and the balarte sheet date. Fro•hold Land and bulldlngs valuation 2023 2022 Simonbum Cott4e Simonbum Lodge GraziThJ larKI al Humshaugh 590.000 280.000 123.500 590,000 280,000 123,5 993,500 993,5 10-
Draft Flnanclal Statsments at 21 May 2024 at 11:58:21 THE EVANS CHARITY NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 9 Flxed asset Invostments Market value al 1 January 2023 Change in value in the year 365.671 17.877 Market value at 31 December 2023 383.548 Hbstoncal eost.. At 31 Decemb 2023 171,843 At 31 Dember 2022 171.843 Fixed asset investments are held primarity to provide an investment retum forthe charity. They are all UK registered. 2022 2023 Untts Cost Unlts Cost Pornn8nt Endorynènt Funds Charities Official Investment Fund 8,188.78 34,190 148.830 8,188.78 34,190 162,506 Mclnroy & Wood 2.760.83 58,325 79.333 2,760.63 58,325 76,762 Unrestrlcted Funds Charities Official Investment Fund 4,969.68 37,653 90,324 4,969.68 37.653 98,623 Mclnroy & bOd 1,641.99 41.675 47.186 1,641.99 41,675 45,657 17.561.08 171.843 365.6n 17,561.08 171,843 383,548 10 Debtors 2023 2022 Other dgbtors- falling due after mce than one year 200 200 11
Draft Flnanclal Statements at 21 May 2024 at 11:58..21 THE EVANS CHARITY NOTES TO THEACCOUNTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 11 Credltors: amounts falllng due wlthln one year 2023 2022 Accruals 3,311 2.886 12 Related rtI*$ Duriro the year the services of Park End Electrical Limited were engaged by the charity, a company in whith the trustee Mr N A Ridley is a shareholder and director. A total of £1.141 {2022 £4,7S61 was charged lo the ststemenl of financial actNily this year lor these services. Al the year end nil was outstanding for payment. Mr Ridley declared and interest in the company and took no part in the decision making on these matter5. The8e lransath.ons Ik place at market value. 12