Ch*rlty r•g￿tralI￿n nymb•r 224227 YORK CITY CHARITIES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 YORK CITY CHARITIES CONTENTS P•0• Leg81 and aJr￿DIstra11V8 Inlrrnal Tru$teeg' rgp)rt Steietiwnl of tru$loe6' respon61NIYeB lfvY•pwwJDni e¥arninrfs r•wrt SlqlerT*)i of finar*iil aCliyil*• Stalem•nl of finarKwl Not88 io lh• financlal •18tem•nls 10-24 YORK CITY CHARITIES LEGAL AND ADMINISTRATNE INFORMATION rs A H8millon- Choir M Browne Mr I Car&iair8 08E Mr S H Oaubeney Mr C N J8cques Ir F A Johnson Councllkni D My8fB Mr8 E Rafflogo Ch• Mr M RKhard Watson Ml66 B J Pwnor Rolired 31 ¢￿tC￿r Z023 AppLMnt8d 01 N￿￿￿bar 2023 Ward•n D￿ft G￿n Ch•rlty numb•r 224227 Prfnclpal Folhergil Hom•g 41 Av•nuo Road Clitton York Y030 6AY Corrn•pondane• •ddr••• 19 C1thrd Stre•t York Y019FU Ind•p•nd•nt •xamln•r Fro1￿ lkn*ard FCA Fortua N¢Jrth Limrt•d •nd I￿￿ntantl Equinox Hou Clitton Pal Shiplon Rold Yor Y030 SPA e•nk•rn CAF Bank Limite 25 Hlll A¥énu• Klws Hill Wast Mallin ME19 4JQ Sc•tllsh Wkltyw5 PO BOM 12757 67 Morrlson Siro•t EdinbU￿h EH3 8YJ SolScttor• Cr￿￿1￿ Wmkirwc Clifford House 19 Cliiford StrWI York Y01 9RJ YORK CITY CHARITIES LEGAL AND ADMINISTRATNE INFORMATION Ifiv•8tm•nt ad¥lsor8 CCLA Sena1￿ House 85 Queen ViGtoris Strevl Londc EC4V 4ET YORK CITY CHARITIES TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Inxrytees wesenl their repjrt aTrJ financi￿ statements for the year ended 3108c8rn￿ 2023. The sIBlerr￿lS have I￿en [x¢￿T￿l in ￿rIOr￿e wilh the oc¢ountlng palK￿ sel oul In note 1 to Ihe fin8nGis1 stslefflents ond c¢)mKAy ¥Yilh thè ch8dty'S aovemiNa documeni, the ch8n1￿$ Aci 2011 end -A¢¢ouniing R¢p¢rthg by Chbril*$. s￿l￿￿nI ol Rècommendod Pract￿& apPI￿abl0 lo chariuès wpanng Ihoir a¢￿￿nts In ac£crdanco Wllh Ihe Finanaa RoFortsw S￿ndartt aP￿IcaN& in th8 UK and R￿b￿C of Iréland publL8h6d in Octobèr 2019". obj•c￿¥￿ 4nd actlvlll•¥ Thè ￿lgInal amaSyamal8d 46 chailtias and a ftjrthar 6 thaMl•s w•r8 am8lgamoi•d on 19 Juty 1972 lar th• pmvlsknfi ol Imi￿￿ omn%)da￿)n on land in A¥ènutr Rcp&l. Y¢yk, known as Th& TMm8$ Foihwgil Homès army thts adminlstr&iK)n ol in¥&Sts￿n1s. Out of the Incom8 of the scherTr8 the ¢£4b ol th* athinlslr81kn 01 ts thgrity lo be t￿rne and th? surF4u• * to bg dmJ8d..- E150 to the Advanc8mwt br8nth.. ¥o.Ihlrdsof Ihe res*Juo ts) theAlrnshw8os aTrJ Pen8￿J￿ bronch.. ond om-lhird of the r061du• to the Pocrf5 tsr￿ch. A tharrty kTrJwn •B Lady Churity for ¢Jm• ufyjvr tho admlnLsht￿n ol Ihe IruBtooo by • dated 19 Jonuury 1976 lyjl Ihh r•miin • ••PWJlo tha￿ty. Th• InThlo01 pohj duo lega￿ to guthnc• I￿U8d by Ihe Chadly com￿68￿)￿ kn decldlng Ktlvll￿s th• chthty ￿t￿k* wdertak•. Achb•v•m•nt• and p•rt0rn￿Th¢• The dominalirvJ 18sue8 whKh Tfusle88 oddre8s•J duthJ lh• year r￿￿ned the co81-ol-1￿kn9 crf818 and tha q￿￿t ￿ enargy•ffld8rw. The prolecl lo provhJ8 Pl￿tr￿C4t8￿ gonerallcffi was Tha Oulnqts8nnkg1 in8wctiong 01 the eWfical InsialL8tyJns wa8 carr Jl. Whilst ￿ mapr Is8ue5 highllghlad In the reF4Nt, TrwI8￿ 8rn owarn of lh• n8ad b) mintakn th8 hcthirpJ 8loc* ￿ prim condhpon and there ia fm-wing work In rear*ct of thi8. The r&¥thldlng w¢¥8Ct wa8 mro I￿u88d And ￿t*d a coh)urful and ecok4Jlcalty lic* dl8p* INS year. Th• Ch8ni*s PaKI or8nis ITr accNdonca tr￿f pjwern aThJ. in parlKukqr. Ihere wo8 an on lh¢ all•¥k•t￿ of ￿ ao thal 18fG4r than usual granla were pakj. TwBtoè8 wer6 mosl grate￿1 10 rec6fve a S￿n5￿c￿nI Wts881 from the 8stal8 of Mauilco Tuffleclhl and werk Is contknulng to kjthilty Iho bast use of the rwn8y8 rec8Ned for the l)en8fit of Ihoso whom he w8h8d to assist. TwBleo8 w*ro pb88•J to M81 B M8etlryJ ol IheAmihouse&Associ8ipJn, 8ThJ welcomod Ihelr ch￿ff ExeculN8, Nick PhMllp8. Tiusi808 and guests 8nioy•J a lively aTrJ •ndiehJl dIscUE￿On r•gardlTrJ tho chalkng8S Ihal Almsh￿888 lace In th• mJ•rTr Urnes. It wai to nole thai many oJmm6nts were racew N how 8ltradlv6 and well maintsin6d theMrnshouses lojked. Twsleo$ 98HJ kwJby• to Andrew 88rker, lomiw Gfoundsm8n for Foiwil Home$, 8TrJ also lo Rthrd W8180n, the c￿rk to th• Tw•t808. TW **komed 8elind8-Jan8 p￿110r as hy4 succes¥>r. Sin*Jn Oatstfioy. was 8 Ropr080ntaM Tnmlee, w•$ re-aFOnled as a Ctropiabye Tru8iee. Fln•n¢l•l r•v Tot81 Income was 1363,262 12022". f282.6881. teial ex(*￿litur• was t27B,79912022." E268.3461 re9uttiNJ In 8 surplus of E84.46312022'. £14.3421, After *)swbw)108in8 of £89,Zfj612022,' £70,734 kx$l, th? r￿t kn¢ome w8$ £173,72912022.' £62.392 expervj￿￿). Th• truslfyes hav0 9x¥mIn￿ ih• ¢h•dty'$ r0qUiFgrn¢ni$ for r•sgrv•s In Ibjhl ol th4 rnain nSk$ lo or9anlsaib)n. 11 ha5 9$tsb115hed a )lity whertrby Ihtr unrèsirlclod fund&, tommrtt*l or Its¥￿1￿d In fix￿ aSSOls. hèkl by thadty should ￿ app￿xIr￿alèIY 9 fflonth$ eX￿[￿￿￿￿e 8LKlgeW expenditure for 2024 15 £257,513 Bnd theref￿ th8 torgfjt 15 £193.135 in oener81 futids The 8re nggded lo rneel the working ￿￿tal requirements ol the chartty. and the tnJ51ee5 are cwfideDI Ihal at Ih's level they wUJ￿a be abbE lo C￿tinUe the urrenl a¢lNilie5 ol Ihe tharily wlh a drop In 41rn5hous0s wnldlwliofi, YORK CITY CHARITIES TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 n•ncl•l Iconlinuedl TNsw•• ¢fmlinu8 wlth Ih•r mojor ov•thwl of thè AJmsh¢us• ￿0M[￿)dO11on k) ¢n$w• th•1 prO￿b•$ Ar• so1•. $gcur• oTrJ mi¢1 mod6m standards. Tr￿S￿&S ar& grathful lo grant gi¥ws whD have a$si618d thu& lar. bui ar8 8qually awaf• of Ihthr oNWlifM) to end9av(* lo try 8rKJ part ol mst thwn&elv95. E5pecialty in economKally litt￿. they COn￿d0r 11 pwdeni lo rel8ln a reserve lo scl 85 8 G￿l￿tsUI1￿ to cosis vl major woied$. The Iru¥iees ￿8n for J rollirvJ mr¥mn* of repair¥ 8NI m81n1enthn￿ lo the prowrtlÈs This All¢y•ts lund$ 10 bulk1 up lor Speuflc work, Ilke kllth8n And b8ihroDm rÈpi&(*m8nts, ond rool rèpalrn. Each Ar•a has a sei budgol so Irusi6os know lunds ar8 availaN8 In a paffjojlai araa. Whilst unresirKled fuThJs sland al £184.115. £840.211 is designated a8Ml0. lindudiThJ fixed as8et8 01 É409,313l and t50.973 45 r•8trKl•d. Th18188ves fre8 r88eN88 01 £184.115. Th1818 Ihe 18rg81. Iru8tee8 8r8 revl8wlng the lund8 or$ 8 regular basls. Ovor a podtyj of 50 lh• L*arlly 11 r•qu￿￿ to repay IhB •nd(Yrnl fund6 of £1s).0￿ 11 bmw8d lo lufid Iho trtMyh)wi In 2005. The trustees have assesa•J th• majcrf rfsks lo tho chanty li exposed, and ar• aa*"sfied Ihat systems ore ￿ p*• to mits.gale XWIBure 10 the m4or dsks Stru¢iuT•. gov•rn•n¢• •nd min•¥•m•ni Gov•rnlng docutmni York Clty waB set up by Ihe FrwK48 Bothor and c•rtain oiher CharfiB8 (Crty el York) Sc*•me Ccfilkrn￿kn daled S JL4y 19S6. Tmit••i appolnlm•nl Trustsas are aponlad 8TrJ r•4knt•J In 8ccC￿dar￿é ￿1￿ the ol il•h£l of Parlwment. Up to five 8re roprosentalfva trustee8 01 the City ol York Council, r&appoint•d •¥ary f￿r yearn, and èight are ctrcpt8li¥8 aTrJ ho￿ ￿ be w.•l•cled every five y•ar>. 0ry•n1••tl￿0I •tru¢tw• The m8nagemeni ol Iho c￿rty ￿ cmductod al a numter ol levoh. Tru81001 meel cffi a Q￿rIe11Y b861B lo Cons￿•r map)r pc4icy d8(a￿￿*. review finances, aFwve grant Sp￿1c8￿&￿8 and daal ￿th italuw rawwemants. Th88• r￿s￿￿j* 910 aloo aiiendad by Iho c￿1￿. accountant. wardon 8TrJ d8wty warden. The day ¢0 d8y running ol the Irujl Is ¢Jeall wllh by the warden depuly warden, 80 lai as the Fother9I1 Homes are c￿¢8￿￿, the C￿rt vnlh ieg8rd io admlnyotrglwjn rDwlleis. Thore Is. In 8¢JdllK)n. froqwnl cont8cI t•￿en the clerk. chalr of Iru8le8B. warden and tru51808 vh) p￿aY a very acllve part in the runnir¥ and wdlbolng in the charit￿5 aTrJ ho￿￿•. Furthe￿￿8, Irutho5 ar• qpp)Int•J to cornmi118es lo cC￿8￿je1 sFoufic Issues gnd rew¢ ￿ lo Ihe full Iruslee& meotsng. Th• IMl•os' r•w>rt was 8pprov•J by the 8oard olTnm1•￿. MrsA HAmllton. Ch•ir Trust•• Mr F AJohnson Truit•• 14 Mwch 2024 YORK CITY CHARITIES STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2023 The Irtsstees afe reS￿Sib￿ for weparing the TfUStees' Rep)rt and the fina￿￿8[ stalernerts in VKCOrdan￿ with aPF4K￿I8 Lqw UThrted Klwycrfn ACC￿￿11￿ St8ThJards IUnrt8d KIWOM Generalty Actepted Accountlng Pr￿1￿1. Th• law apr4Kabl8 lo c*armes in EngLgnd and Wal•8 roquire8 the Irusleos to pr•pore flnanuol stawr*nls lor each financiJ year whKh give a fair wew el the atale of affwrJ ol the c*anty aTrJ cl th• wjmiro r•swrces and appl￿?11￿ of r•awrces of Ihe charity fcf th81 year. In Ih•s• st8terr•nls, th8 iwslo88 ar• Nuked lo." . 8l*tgbks rrtcwnting poltyxs and tr￿n 8tf4y thom consralefity., - ob8w¥e Ihe mothc#JB aThJ prlnclr488 In the Chathlles SORP., . mwke judpments and estirnatos ore reasMat4• aTrJ prthjent.. - stale tholh8r aPF4kabl8 acC￿nI1￿j Btandai(h been Ic41Md, 8ut4ect to any rn81orlal d8P8rtUl86 dkc4c6ed and axpl8in8d In th• nanual slatemonls., . wepar• the knana81 stolemonls on th• conc•m basrd unlosa rt 18 iTripwowIBl8 lo pr•gum that the chority Contin￿ in OP8ralbn. The tru6to88 are r0sFondb￿ k8eF4rvJ sufficaant accounbng recoid8 Ihol dlsc*Jea wllh rea80na￿e acctsracy at ary lkn• Ihe nnandal ￿)￿li0n of the charity aThJ onaNe thorn lo ensuw that the financ4al slalemenls comply with lh• Chanlieg Acl 2011. the Ch8rily IAccoJnls and RepJrt81 Regulalions 21K>8 and tho kv)vIsi￿S ol the Irusl deed. They 81e al80 responS•￿e for 88lepuaFding th• 88sel8 ol the ch8nly and lor taklw re880n8￿6 6teps kn the pmoThtkJn and deloctsM ol fraud and Olhw I[w￿a￿￿e8. YORK CITY CHARITIES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YORK CITY CHARITIES I reF￿rt lo Ih? trustees on my examination cl th8 finar￿￿1 slatements of Ycrfk Cty Charibas Ilho tharityl for Ihe yewr endBd 31 Decernt4r 202). P•8pMslblllU•8 and tras1$ 01 rnport As the Iruslees of lh8 chanty you are resp￿51￿10 for Ihe wepar8tvJn ol the finanoal ststament8 In accordanc• Ihe requlrnmentj ol tho Chant*Ad 20111th8 2011 kll. I rwrt In resp￿ d my oXomlnaiK)n ol Iho thaiity's finand81 $taian*ni$ ¢arrie4 yrK1èr $É¢lion 145 01 Ihe 2011 A¢1. In ¢atyn9 my 0Xan￿nation I havo I￿￿W¢d 41 tho applicaN¢ tMr•¢kn$ giv¢n by th• Chaftly C(*nmisl￿ undw 14515Xbl of tho 2011 Aca. Ind•p•nd•nt •xamln•¢• ¥t•t•m•nt Slnco Iht ththrlly's gros# Intckno èxtoedod £250.rKo your ¢x•mlner musi bo ¥ momb81 rl 8 b¢A* Il$t•d 145 01 lh• 2011 A¢1. I tonfim thai i am Qual1f￿d 10 undèrtakè thè axamlnaikjn bÉcaus& l Am a of IhÉ Insbtuth of Chartéi&d *£touniants in EwlarMI and Wakns. onft ol the lisled ￿les. I have C￿￿ele￿ rny examinatxsn I confirm thal rn moll•rs have com to my alIen￿On In coiThocticffj with tho examination mo cau58 lo b8l*vo Ihal In any mal8rlal resF•cl'. rcounbng were not kept in rryect of the charity as roqur￿ by a•dhJn 130 of Iho 2011 Act.. finBndal &t8lamanls do xu)rd wlth th0￿ r•c¢)rds," fm the financ1818IBlem8nt8 do not CA)mply whh the applIc&b￿ roqulrwnonl• o)rKgmlng Ihg Iwn ¥Trd ¢wtgnl of occrwnl$ 801 ¢wt kn lh• Charli￿9 (A¢￿unta 8ThJ Rèports) RagulaIl￿9 2008 Olhw Ihan ary r•4Llr8m8ni th￿ tha accounls glve A and falr ¥vhlch l• not a mailer cOn￿jer0d as pan ol an IndeFeTrJeni oxamInat￿n. I hav• no OMI hov• c¢yN* •¢ro$s no othor m&llern In C￿nD￿lOn the fjx#min•Won 10 wthth •ty*nI1￿ t* dr•wn in rel￿ kn ryder to en4Ne a proper urKlerBiJndinu of the fingnclal &tslernenlu lo bB rBached. Fr•r*c•• How•NI FCA F¢iw8 Noth Umft•J gu*nès$ Adws(x• fynd A¢¢wnt•nt• Equinox ￿￿U80 Cllnon P•Fk 5hiplon R¢Jod Y030 SPA York D4l•d.. 25 ma￿ 2024 YORK CITY CHARITIES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 CURRENT FINANCLAL YEAR Unr••tvlct•d Unr••trki•d fvnd• R••tslGt•d Endowm•nt lund• TIA•l Totsl g•n•f*l dMbgnat•d 2023 2023 2023 2023 2023 2022 No¢•¥ Incom• and •ndowm•nt• Donal￿n8 and ￿98¢1￿5 Chartht4e aclNilies Olher tyadirvJ Inwinwni$ Other income 4,893 64.893 271.588 17.820 8,830 271.588 17.820 4.702 131 258.984 17.820 5.501 403 3,648 280 T￿￿1 Incom• 294.241 e8,741 280 363.262 282.e88 EXP•￿￿￿￿￿ CharitstAe 8cINrtle8 227.458 43,732 7,811 278.799 268.346 Nel gam￿1109808) InvosI￿nIS 12 27.650 14.811 872 45.933 89.2e6 176.7341 Pl•1 In¢om•ll•xp•ndl¢uMI b•l¢r• tr•n•f•r• 94.435 39,820 16,4591 45.933 173,729 162.3921 Grosa tron8lwB bott4*8Th funds 14 175.394 7.748 3.102 m•v•m•nt In lund• 19,041 104,384 1,289 49,035 173,729 162.3921 Futsj bI￿nc￿l#ll Janu8ry 2023 165.074 735.847 49.684 .214 1.8(K8,819 1.869.211 Fund b•L4nc•• It 31 D•c•mb•r 2023 184.115 840.711 J,973 bN)S.249 1.980.Y8 1,8(O.819 Th• st•t•Mentolfmr￿kII 8Ctiviti•$ ffldu(leJ dl and In tho yaw. l e¥FofvJRure dvrivei ffr￿ YORK CITY CHARITIES STATEMENT OF FINANCIAL ACTIVITIES ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 PRIOR FINAMCiAL YEAR UDrMtrlct•d Unr•strtci•d fund• R••trlct•d Endowm•nl lund• Tot•1 g•n•f*l dM6gThat•d 2022 2022 2022 2022 2022 Not•• CharIla￿e aciivilles 258, 17.820 4.731 403 258,984 17.820 5.501 403 Other tradirrtJ Invvslrngnts Oih•r In¢ome 491 279 Totd I￿orne 281.918 491 279 282.688 Exp•ndrtur• Charhat4e 8CIfvIIIos 211,781 50,982 5,583 268.348 12 121,7101 19,9991 11,2281 143,7971 176,7341 Pl•t Incorn•ll•xp•ndltur•l Iix th• ymr 48.427 ieo.4901 16,5321 143.7971 162.3921 Grc48 tron8lef8 funds 14 162.8651 S4,fy)7 5,7S6 3.102 M•t mtsv•m•nt In lund• 114,4381 16,4831 17781 140.8951 162.3921 FuTrJ balwnc*& al l January 2022 179.512 742,330 50,480 898.909 1.889,211 Fund ￿￿n¢•I ￿ 31 D•¢•mb•r 2022 165,074 735,847 49,884 856.214 1.9)B,819 YORK CITY CHARITIES STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2023 2023 2022 Nol•• x•d a8Mt• Tanglbkn assets Inswknents 15 2.452 844.660 761.391 743.236 .707,112 1,504.627 Currnnt ••¥•t• 17 40.881 288,908 26.374 304.438 C8$h 81 benk on¢Y In hond 309.789 136.3531 330.612 128.6201 cl￿1101•.. •m0un¢• f•lllng du• ￿thIn 0n• ymr Not r¥Jrr8nl aE8016 273.438 302.192 To¢•1 ••Mt• l••• ¢urr•nt Il•blllll 1,980.548 1,8(fj.819 C•pM•l fvnd• EndowTTrpni fvnd• Inci¥m• lund• Reslncled funds 20 )5,24 850.214 21 22 50.973 840,211 184,115 49.884 735.847 165.074 1.980.548 1.8C6.819 Th• nn•rthl $wi•m•nts w•th gpprov•d ty th• Tru$l••$ ¢n 14 Morth 2024 Mr8A HamlKon. Chair TN•t•• Mr F A Jehnson Trubt•• YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Aceounllnq pollcb•8 Charlty Informatlon Ycrfk City Charitsoa M a Ca￿￿ty r•Jlslered th• Chadty Commi88h)Th lor ETrJland and Wal•&. Aecountlng COTh￿￿110n The Ihantsal statements have ￿en prop81ed In accordance wlth the chan1*6 govwnlw document, th8 chad1￿8 Act 2011. FRS 102 'The Finanaal R8FortsrvJ Standard appllcable in tho UK and of Irdand" I"FRS 102'18n(J the Chafitss SORP -Ac£tyJnliThJ and Reporting by Charities Slalorr•nl of Recornm8nd8d Practic8 applKabk8 10 eharits"e$ weparing their 8co)unts in ac¢xrd8nc8 wlh the Fin8rKk41 Reporting Standard 8rvliGqbl8 In lh8 UK and RepublK ol Ir818nd IFRS 1021" 18ffecbYe l January 20191. The charlty18 a Putdic 8en6fl1 Enuty as defin￿ by FRS 102. Tho i*anty has tsk&i advanlage olthe prowsions In th8 SORP for chafiles Th)1 lo pr•par• a Slatemani of C88h Fhjws. Ihlondal ilatsn*nts dep8rted Ihe IA(>y)unl8 arKJ Repr￿8) ReguLMtkm 2008 Mly io tho 0Xt6nl requiroo to provhk a true f4lr Thij depBrture hths invdved lolh)wlw Its S￿lem￿nI ol Re(xynrnendpd Pr8dice for applylng FRS 102 rather thon th& v•rsKJn of Iho Stsi•meni ol Ro¢tynmendod Pr￿1￿ wh￿h 1$ rel¥rr•d 10 In th• RÈgulaw$ bul whl¢h h&• Tho flnancid i18toments ar• w•p8r•J In glorfing. ¥thkh18 lh• functkjnal ¢urrwKy c4 tho c*arity. Thè nnanrial slatom8nts w• wapornd a G￿n9 c￿térn basis under lh• hlslorkd cost mDdthed to irtltsdo cértaln 118ms 81 folr volug. The prfn¢lwg18¢rthinibW pc41¢10s 0th)pt8d aro $91 otsl bo1ry*. 1.2 Oolno ¢M¢•m Al thè bme of apFKthINJ Iht financial sl&i*ments, tho IruBletr6 h8v• a f•88on8ble Bxpectalion Ihol Ihè t￿rty has ￿￿U#l• OUit*$ to ¢onlinuo In op$raUon81 oXl8l•n(* for tho loro$008bl¢ fvlurg Thu$ tho IN$lees tonllnuo 10 •k¥Ji th• goln9 ¢w(*m b•w ofAc£coJnllrKJ In Fw•r*g th• 6t8tsm8nls. 1.3 ¢harhbl• lund• Unrestncled gthi8rn1 fuTrJJ- th88• ar• funds ¥thich can b8 in acc4Jrdanc• wrth Ihe c￿r￿￿tIO ct4ectB at th• dl•crnbJn ol tho Irusiee D•uwnated Iwd•- Ihe8• are sel a8hJ• by INry knjalees out ol unre&lr*led g￿￿ra1 bJTrJB Bpeclfic puipcaes or wc4eclB. R•Jtncled lunds - Ihe8• ar• lundj Ihol can ￿Y ￿ uwd lor p￿liCuL8r wrFoae8 wlhlD the ¢Jt4ectB cl ch8nty. Roulr*lbro artae ¥*fien 8peckned by the cr fuTrJs are irlued lor pr•¢lculgr re81rlcl8d w￿￿8. Endowrfftnl lund8- I￿Se qre luThY8 whkh must ￿ hokl p8rmanenlly by Ihe chaiity. IrK14m8 Thi the endowrnenl can be in 4CLyJrdpnc• wlth Ihg otyocls of tho charity and ind￿j•d aB unrest￿1•￿ Income. Any gwins N los￿￿ an¥n9 ¢)n inveslmenls lerm part of the luThY 1.4 Inc¢>rn• All incornv 1$ inclui10d In Ihtr ol fin•ncio1 charity Is knylly ontytknd to th• In¢tyn• ar•J Iho •mtyJni un b• quaniiw with r•awnat40 o¢oJwy. 1.5 Exp•ndiiur• All expendlture 18 8ccounled for on an 8ccru8E8 basls 8nd has been cl8S8rfed under heBdings that 8ggregate all co8ts lo th81 CBleg0ry Whw? costs c8nnol be dlrectly attnbuled Io PBrtlcul8r h88dings they h8we been 811£￿ated based on the e91pma￿d amunl allrlbJiab￿ io Ih81 aciivity In th8 yoar. Grants p8yatle are th8fgth1 In the ye8r wknen Ihe offer is conveyed lo Ihe redrAent exc8pl Sn Ihjsa rA888 where Ih8 offer I c¢ndilM)n81, such grnnls belng rttogn18ed 8s eX￿ndlIUr8 *then Ihe cendilk)ns att8¢￿ 8r8 fuln1￿. Go¥orTrar￿è costs aio costs general running of t￿ thartly itseff as an organisallcffi. 10- YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Aceountlng pollcb•8 IConllnu•d) 1.6 Tanglbl• IlJr•d aBo•t T•ngit40 fixed ￿1￿1$ mrn £5C4) Irn ¢gpi18lffj•d and bndud¢d at ￿$1 in¢lvdlrs •ny 1n¢ld•ft￿l •xp•nsM of •¢qul&lK)n. FrtelK)Id 18nLI 8r*J AlmshMe$ 8re dgpr9¢4aied. Oepre¢kgikfi of otF*r 8swiJ il t8tul8ted to oft the extX$8 o •Sbmat8d r•sbJU4I4n￿uni •v•nty *>v•r Ihwr •xF•a•d wful 0$ folltyws $ubJi¢t 10 4finwil r•vlmv.' F￿￿Id w¥wrty Bullding imrrfo¥emenls Fsxlur8s. fittw. aThJ equlwr￿nI 2% StroKJhl Iln¢ 10% Strayhl Ilne 25% Strayht Uno Tho 9win or knss anslry ¢Jlsposal of an asset IB ¢JelgrminwJ as the drfferenc• b8lwg8n th• S￿• and Iho carykng volw of Iho 8ssel. and Is fecoani8•d In INry slaterwnl of finanoal actbvitios. InYesimoni$ artr Ind￿l¢d in IN• •c¢￿￿ts •1 mart•t volu• 81 th• •Mei tl81•. Any 98in ¢1 On r•vaWJaVrfJn * Wk•n lo th• 1.6 Imp•lrnwni olflx•d i•••ts Ai each r•pYJrllng end dat•. th8 ch8niy rgvlM the ¢ArrylThJ amounts ol ￿r￿alb1& 8$8et8 le det•min8 ￿￿ther there 18 8ny ITh1￿11￿ Ihal th088 888018 havo suffer8d an Imp8lim8nl1086. 11 any lTrJlcallon 6x*W, th• 1gcover8bl8 amwnl ol th8 888011$ e8imated in order lo date￿•no axteni of the impairrmni b)ss Ilf any). l.• C*Bh calh •qufval•r Cath aTrd cash eqUi¥8￿ntS IrKlude cash kn hand ond d8rtyx.ls h8ld 81 ull ￿l￿ bankB. Th• ch•rlty hA$ 818ci8d lo &pply tho pro¥lthni of Socthjn 11 '8Aslc Flnwdal In8twmMii' and Secllon 12 '0tsr Flnand•l InBtrumonts18su88' of FRS 102 ￿ 811 ol bt8 finanda instrumanls. Financ181 in8trunwN8 ar• rewanb¢d In ts ¢*)rllrf• b•lwK• ?h¢et the ¢h8thy b•¢¢rfr￿ party to Ihe k¥0￿•1￿8 ol lh8 1n8trum￿t. •sk Iln•n¢l•l •••• B8Jic IlnaDc4al as)etJ wre rne88ured •1 transxbon indu¢iw tr#n$xllon Fkn8ncAal 81￿1$ dJ88ified JJ re¢•iY•Ne ￿thIn om ywr nol amortl8•d. 8•*lc Iln•ncl•l lthblllll•• •mortlsod, O•rKognlllon of fln•ncl•lll•blllll•¥ Financlal li8tylilies are derwogni5ed Iho ¢h#dty'• con1r￿1 oty4abono •wr• er ¥0 diB¢h#rg¢d orcin¢o110d. 1.10 Penslon c06ts Fdlowng auto enrdvTh>Thl Irom No¥ember 2015, new ond exis1irrtJ ernployees llre jul￿￿11¢011Y enrclled inlo an Awvo Penskn) Sd*me. c￿￿1r￿ju￿'￿s payHbkn ¢hwr98d to Ihe slal8iMnt of fina￿181 aclNrtles qs IrKurrgd. Oonadon6 ond legacl•• Total dHlgrwt•d 2023 2022 64.893 11 YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 c￿rItabh oct4vlth8 Chorhabl• lficom• 202) Chorflabl• Incom• 2022 con￿t￿)n$ fr¢m 271.588 258. Oth•r tradlrw •cthfllh8 Unr••trlct•d UnrKtrkt•d Jnd• 9•0•ril 2023 2022 R•nt 17.820 17.820 12- YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Inv•8lm•nts Total fund6 fund8 9•n•r41 d•*lgnwt 2023 2023 fund• 2023 2023 ond$ from Vnrt Hok11NJ In tho UK Inl•wl on ¢8$h (Jep)slt$ ￿1(1 in tho UK 4.331 371 4.811 4.219 3.e48 4.702 3.848 Unr•thlod UnresldrAed lunds d•S￿n81&d R•Btrklod Tdal n8rAI 2022 2022 2022 2022 (X*Adonds rwetsj from Unll H￿dIr￿j In the UK Inlaresl on cash dow￿1￿ hold in tho UK 4,314 417 279 491 4,731 491 279 5.501 Oth•r In￿￿• Unr••trktsd Unr••trbct•d fvJnd• 9•n•r g•Mr•l 2022 2023 131 403 13- YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 c￿rItabh oct4vlth8 Charttabl• Charftabl• Exp•ndllur• Exp•ndllur• 2023 2022 Wwden8 and 888fdtsnts saL8ry •yw8•& Pensh)n costs 28.860 2,567 12.032 2.785 11.780 33.434 $8,S69 2.333 67.999 Ryeure. Waryjetb call Cl•anÈr and gord￿6¢1 salary •xp8nao8 H88bTrJ. lighllng and vAter Residents a￿D￿leS R•pair6 arKI mainiM4nc• S8.883 2.392 57.635 194.329 203.150 ¢>¥nl Iwding of a¢tth (Me noto 81 7,811 Shar• ol Jupport la￿ n(kn 91 Sh•r• ol uov8rnant• ¢x)#t$ Iw nt*• 91 72.679 4.180 56.133 3.480 218.799 268.346 An•ty*l• by fvnd Vnr88tncted lundi- g Unr881nct8d lunds- dw*nal•J ReolrKted hJfyJ• 227.456 43.732 7.811 211.781 50.982 278.799 268.246 Gr•nts yy•bl• Ch•rltsbl• Exp•ndltur• 2023 ExwtNJilur• 2022 Gronls lo Inslilull¢M.' EMrAcad8my IHaxby RoBd Pnmary Scknx41 Clthon Green Pnm8ry Scho Popp￿On Road Prlmary Sch¢x4 P•lhfindbr muttl.￿LsdOMY Trust (Taw Sth(*YI W¢sth•ld Prlm8ry Scho 2.000 2.000 2,OC 1.383 6,611 Gr4nts to Indi￿du￿8 1.0 7,611 5.583 Tho grants 9￿an to th& prlmary schc4)k as oftholr povarty scheTh$. 14- YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Supwrt eosts 8upptsrt ¢o•¢¢ Gtsb*m•n¢• 2023 8uppty¢ ¢a•t¢ Go¥•m•fi 2022 20.$52 351 553 20.552 351 553 8.911 712 599 6.911 712 subsGnp1￿n T￿e￿ne In6uranc05 Prolosskinal fees Salary of dork Pnnllng, po&i8g8 8nd staik)nary Goneral 3.913 420 31.020 3,913 420 31,020 3.321 5.328 28.379 3.321 5.328 26.379 524 $24 2.087 13.146 113 2,087 13.146 1.479 8.856 1.901 1.479 8.856 1.9J1 T￿rnIn9 Co$t8 Ind•p•Thaenl Exwnln•ihJn 4,180 4.180 3.480 3.480 72.679 4,180 70,859 56.133 3.480 59.613 Anolysed bemythi charitab￿ act1￿1￿¥• 72,679 4,18Q 76,859 58.133 3.480 59.613 10 Tru•l• No rvmunerallon dirgdly w Indir¢dy out of th• funds ol Ihe ¢h8thy was pohJ, or o ￿Y•l￿O, ts th• ye8r lo •ny bust•• or to any or pBrwn6 known lo bo ¥¥lth ony of Ihvm No lius188812022.' Mn81 raimbur3ed12022.' £nlll for the ya•r. 11 Ernploy• The avwage monlhty ntsrnberof orrpW•a hww8J'. 202J Numb•r 2022 Totjl Wwes afid P¢nÈM)n coslÈ P￿￿￿)n 8dmlni8tr8b)n costs 60,668 2,341 57.980 2.27$ $10 03,389 60.765 Thera ￿re no emF4oyo88 ￿OSe annL431 remunerat￿ was E60.CK*) or durir*J erther yaar. 15- YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 12 N•t galn8llhs00•1 on Inv••tm•nts Total lund8 g•rwr•l fund6 dmlgnated 2013 lund8 fund• 2023 2023 2023 2023 Unr•aHsod I1￿￿$) Igaln• M k)w•tr•nis 27.850 14,811 872 45.933 Unr•styki•d R•sthaod En*ywm•nt ILJndi Tcial luNI ganoial funds desynaied 2022 2022 2022 2022 2022 Unrea1180d110s8e81 Ig8lns N ￿WBtrn8rts 121.7101 1•.9gg1 11.2281 143.7971 176.7341 13 T•x•llon Th• IB ox*TrpI lax on galm l*lh"rvJ whhln ••clh)n 505 ol th• Taxol Acl 1988 cr 88ctiN 252 01 th• Ta¥AI of Charg8at48 Gain8 Act 1992 10 tho extonl Ihal thaae are a￿1￿j 10 chantatde objacts. 16- YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 14 Trafi¥f•rn 2023 Tocaplial r•pLgceff*nt luTrJ To poor5 branth lund To bdvancftment branth fun To•xiraordinary r8palr lund To mdem18alkJn aThJ rn8lnlonwnc• fuTrJ To flxed asset lun¢J 11021 17.5981 11501 13,0SS1 151.eooi 112.8891 N•t tr•n•f•rn Ifmffll 9•n•ral fvnd• 175.3941 Frcrfn bungalc￿ fund to loan rep18C8rn8nl fvnd Frcrfn general luTrJ8 to 8xtr8ordinary fund Fron ge￿ra1 hJTrJs to modernwliw and maln10￿cfj fvnd Fr(th Qoneral ￿￿18 to flmtsd as5el fun Frcrfn mod•mi&8llon 8nd malnl•n8n¢8 lund 10 fix•J fvr#J To nxed asset lund frcffj mc#J•mi88llcffi and moinlenarrte fuThJ 13.ClJOI 51,eoo 12.889 111,725 N•1 tr4rAI•ii ￿ d•819n8i•d fvr*a• 64.544 N•t tr•n•f•rn Ifmml unr••trki•d lufid• 110.8501 Frcrfn general luTrJ lo capi￿1 r8pl8camenl lund Fron108n repLgcerwnl tuThY lo ca￿1￿1 repLqca￿I lund Totathial lutKJ Irwi h)wn r•F4acement lurKI Frcrfn buThJ•lo• fund toloon rop1a¢•m￿l fv 102 1g.lY)01 N•t tr•n•f•r to •ndowThint fund 3.102 Frcffj g•mr￿ fvJTrJs to pc#NJ braDch fund Frfyn 90￿ra1 to •dvgnc•ment bra￿tt IL￿d 150 N•t tr•n*f•rn to Mtrlct•d lund• 7.748 17- YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 IS Tanglbl• Ilx•d •5s•t¥ Fr••hold l•nd BulldlrY4 Flxtur•s, and lrnpro¥gmgnts flttlngs, and Almsho￿ •qUi￿•￿t Tot•1 Al 1 January 2023 Addill¢m$ 746.792 34.902 9.8 14,6401 781.694 121.615 111,725 14.6401 Al 31 C)0cqrnbw 2023 748.792 111.725 40.148 898.e83 D•pr•clatlon Al 1 January 2023 ¢h•ryd In lh• y••r Ellmln8W in I￿ped ol dI6POO016 20.304 9.380 14,0401 11,173 20.553 14.6461 Al 310o¢•mbw 2023 11.173 25.038 36.211 ¢•vrylng amount Al 31 Decembw 2023 748,792 1c￿.5￿2 15,108 862.452 Al 31 O•¢•mbv 2022 746.792 14.593 761.391 Flx•d •s••t In¥••bn•n¢• UK quo¢•d Imv••tm•nt• Cost or valuatknn Al 1 January 2023 Addill¢ms Unrnalw go 743.236 12.158 B9.266 Al 31 Oecernber 2023 ¢•rylng amount Al 31 December 2023 Al 310oc•nbw 2022 743.230 All inveskneftij tyre hehj in J t*tyrity specffjc lund Jim$ to prnbje J brg.term sustslnable inveslmenl x4ubDn The l￿d is dfj vp Df a mlx ol Inrrynfy and o¢¢umulaDon uhlls. 18- YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 17 D•lknr¥ 2023 2022 Amwnl• f•lllny du• *llhln tyi• y••r'. Olher debtors Prepaytnents 38.791 2.0 1,496 24.878 40.881 28.374 Cr•dMorn'. •mounts falllng du• *rfthln on• y••r 2023 2022 Plot•• Tr•Je croolt 14.212 4.312 13,9 3.877 1.494 3.562 19.9fj0 Accruals Delerred In￿￿ 1• 36.353 28.620 19 D•f•wr•d Incom• 2023 2022 Arl•lno from Rqnl pald In athan 3.877 D¥f•r￿ Inmmv 1$ IrKKthd In lh• fin8noal a$ Icdlm.. 2023 2022 Def8rr6d Incorr*18 lrth*J8d vAthln'. Ctsrrenl144blllbe& 3.877 MDvom8nts In th@ ￿#r. Delerred Incomè 81 1 janu￿ 2023 Reknased f￿ prewou5 peri(*3s R•K￿r¢•8 d•fory•d In lh• y•ar 4.458 14.4581 13.e4]41 3.877 Deferr•J al 310ocamber 2023 3.877 Deferred IncoFr* relqtes b roshJ8nlB conlnbulh)n recdved in advwr*. 19- YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 EndMn•nt funds Enth)wm8nt hJnd8 rewesenl 8S8818 mLtst hek1 ￿rm8￿n￿Y ty th8 chpthty. Inc*Jm• aTh81ThJ ￿ lh& eThLkJ*rr￿I funds can be Used in actord8rte wilh (￿18￿$ ol th* f*arMy kn¢lude¢ 88 unrg$lnctsJ Amy CaF4t81 galn6 ty K)sw on Ihe 8ssai8 form pan of the furwj. Mo¥•m•nt In fun Incom• Exp•ndllur• Tran•f•rn 8al•nc• at 1 January 2023 Galfis and 8olonc• •t Ik7*•8•1 on J1 D•c•mb•r Inv••tm•nts 2023 fund rep￿￿me1)I lund Loan re￿aCement lund 597.412 252.802 6.0(K) 13.478 32.455 610.890 9.102 16.0001 856.214 3.102 45.933 .249 Mo¥•rn•Dt In fund• 8al•nc• It 1 January 2022 Exp•ndltur• Trnn•f•r• Oaln# and Balanc• •1 I1￿1**) on1 January 2013 Inv••tm•nt• c•￿1￿ ftjnd C8FiI* rep￿￿Ment fund Loan re￿acement fund 616.389 277.$20 3.O¢X) 118.9781 124.8201 597.412 252.e02 102 3.000 896.909 3.102 143.7981 8M.214 C*prt•l Fur lurKI ••1 up when Ihg ¥m•l98ml￿n d th• $Èx ¢ho￿￿•• took F*• ar￿ th• alM•h￿￿* ww• w•th•d. C•prt•l R•pknc•m•nt Fund fun¢J w85 sel up IhB 4lmshwBo5 wore extended 1W Invostmenls werg re8liwd wl of Ihe Gaprfal frJnd$. Th• Chadty C¢ynmi$4on•rs wuiro t￿$9 fund$ to b• rgpl&od by an ann￿1 Contribthl￿ of £102 a ￿(￿1 ol wxly yo4rs. Lo•n R•pi•c•rn•n¢ Fund TFK* fvnd was 6•t up when N¥0 ￿r# bultt In 2(K)S. w•ro r•411*1 wi ol lh• r4tAi81 fvnth. Tho Ch•Fty comn￿$S￿nern r8quir• thoso fvNl$ of E150.CO) to b• r•pLgeod by 4n annu•l ¢￿trI)U￿.t￿ of £3.C4)O for 8 ￿rIOd of fffjy stsrting In 2(x)6. YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 21 R••lrfct•d lund8 The irM¥MI18 hJnd8 of the tharbty include reslrict8d fund8 compn&ng thè IrAlowirvJ unexpbnded baancm ol thnaknns and grants hekl on trust rMJrrK)8w". ¥o¥•rn•nt In fund• In¢)Bt• lo ch.malo chary r•qu1r•ff￿O1s lo becom• C￿rt￿ neutral. Futur• •ult•blllty l•Mlblllty lund The Futur• suita￿1￿ Fwd provi1￿Jn to C￿01 ary roa•arth and •fvK• Wrth regard to enwJmJ tho re•pJ•nc•s CL4711nu8 to rnool tho ch8r¥iThJ JtaDdard8 In scr￿ty. M•urk• Tum•cllff l•g•cy Fund Thls luTrd re[￿58nts left to the chonly. lo rosped Mauru's wl8h88 1119 to be u￿0 lor the puw of aajijtkng CLA￿8. uThfv8rsily. 8nd sen￿r ?chcol sluoenls In the Ycrfk area With burn8nes and ex￿1￿3 -23- YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 23 AMty81• of n•t a•s•ts b•tw••n fund• Unr••trkhd DMlgrtèt•d Endtswm•nt fvnds fvnd• lund$ fvndi Tot•1 2023 2023 2023 2023 2023 Fund balarKes al 31 Oecember 2023 w• rekyesenled by.. T¥n5lbl¢ 8$selS In¥e¥tments Current a880t￿lI$&￿"lrtleSI 109.313 133.998 453.139 452,110 862.452 248.342 164.2271 10.210 40.763 273.436 184.115 840.211 1.973 9)5.249 1,980.548 Unr•8trkthd D•8lgn•tsd lund8 fund* 2022 Restrk￿d Endowm•nt fund• 2a22 2022 2022 2022 Fund balances ai 31 Oat•mb•t 2022 rewewnled by Tangl￿0 a8801s Inwjtmenls 308.250 116.132 311.485 45J.141 397.073 8.oc 761.391 743.236 302.192 220.893 155.6191 9.338 40.346 Current asselslllknb.litiosl 165.074 735.847 49.684 856.214 1,8(O.819 C•pttal c¢xnrnllm•nt 2023 2022 Al 31 Oec¢mber 2023 charity h8d th• l(AkMing ¢•(Mtsl CAyM)￿n￿.. Conlr4Eted foi bul nt4 w0￿ded In th8 fin￿￿•1 Stale￿nIS.. A¢4￿1$I￿n of proporty, pbnl •nd •wvnwnl 91.925 L8$1 yo8r tho ￿m￿M￿m¢￿1 w0$ for 0￿&￿&V0 $018r pondi 10 improv• •nw9y •ffi(aon¢y el tho proporty. By th• y•w •Th1 • total of £111.725 h￿j ixen paKI soL4r paneLry had been installed. 25 R•knt•d p•rty trnnMdon• Ther•wère dls¢b$8ty8 W￿¢¢¢ wrty ty•n$o¢tl¢y)$ 4urttlP Ihe yew IK122- t)on•l. -24-