CharAy regi5tratKm Nmber224227 YORK crry CHARITIES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER2024
YORK CITY CHARITIES CONTENTS Trustses, rewt Indep¥KI1 tninets rep(rt Staiemenl offirwrKaal admtss strtrt oifinarKaal p11) Notes lo the finano81 stat*nen15 10-25
YORK CITY CHARITIES LEGAL AND ADMINISTRATIVE INFORMATION Trustees klEAHamQiffi. Ch Mr I Cstaits OBE IR6wed 12 De(xmber 20241 MrSHD8th Mr C N J¥4ue5 MrFAJthn CoUnalO Afyvs ICOYC rerrfesenwivel E Ramage Clvwk MkssBJP( Warden Charmy Nmber 224227 Prln¢lpal addr9$5 Thomas Fothergil H(ffj 41 Aveme RLd Y030 6AY Corrè$pondance address 19arffcqd Street York Y01W d8pend•nt oxarniner Frarths FCA Fort Lw7wied Equirw)x Hj5e cbrton Pat* Y030 SPA 8ankgrs 25 lfjros FSIA¥wue rvJs Hill Wesi ma9 ME19 4JJ PO Box 12757 Edin EH3 8YJ Sollcltors 19 sireei Y01
YORK CITY CHARITIES LEGAL AND ADMINISTrATIVE INFORMATION Invtsknerrt advlsort CCLA EC4V 4
YORK CITY CHARITIES TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Irus188s present annLk91 r8POrt aThJ finLyal strtenr1tsfOrthe aerd 31 DeMI¥ 2024. The financial 5tatemEnts have been wepared in acc(ar wth th& 881 1 to the financlal statements and comply with the chariiy's 9)vemirs dctumeni. the Charmies Act 2011 arKI 'Aca)unthng and Rewrting by Charities.. SlaiÈmei of Re¢xJmm&nded Prxti¢ applicaNe 10 Larits preparing their accordan ¥ith the FirL4roal Reporting Stan¢Jard applIts in the UK and Repub5G oflreknd pubILl Odcl)er201¥. Oblectfve5 and aclfvllies The original act 8mèkJ8maiwJ 46 chilie$ and 8 further 6 Charlies Yre aMarnated w 19 JY 1972 for the rKovi5ion of sheltered accomtrKKJatn en L7 inAvenuÈ R¢1. Ytrk. knon asTheTh(xnas Fdlvgil H$ andthe administration of inveslmenls. Out of tht incom8ofthe sctsme tswstsoftr a(knilLttK of the Ghaity Iwve to be FK)me the 15 to be diW(:. £1XI lo ih8M¥anc8ment Iwtrlhird5 olthe re$klue lotheAfvthouses oThJ Pens(ffj aThJ on&lhSrd £rflhe reshYu& to PS bth. A charity as the Lady HeeS Chwity Stth& came ¥j$1r8lth ol th2 buslEE5 by a dated 19 Janry 1976 txrt Ills has Io a 5ep3rdte charity. The IDJstses have p8rf1 thje regwd b) gL¥Jan bytsChity dec•thw 8C4ivts th? dritysl¥)uk1 Uertake. AGhlevements and performan The dLvninating issues Trustees addressed durawj thp year the ¥st-of.l ri and the quest for energy effirAency bul also Ihe on%oing rnantena ofthe AJmslKXJ5es. A rolling prcgramme $ Maintsl upxlaie Ihe deLKal arwnd lh2 prcyerb25 W35 Carld wrxe5sfv11y Tntsiees are aware of tt)e need 10 the sIr¥j St in and there is cfb9JW¥J re5ped of thi5 further on Ihegreen area5 8rouTrY Ihe sile. lo propertie5 bBsng riCenSed muth rrwequKkty. There had been an IS Y1h intrudets on the sib. The had L1 oled lon9 a dHkwe has no4v be2n epened %lh the area's PCSO, Ofjvermaskell has ayreed that he ill c¢)me to F01h2 on 8 basis. Th8 Ch8ri1Ses paid granls in actgrfdarte with the arwj aknexpked other in they advatise that 918 are avallaNe. Trustees partnered with Yorf¢ to admwmsler Ihe Wuesi fmm MaurK Tur(ff in th Ilw wtyjkl ¥ule gmts to students need wlhin the bwThYarS in YorfE City Chaiilies opwes. Trustees said goodbye to Mr lan Car5tsYs. had trn a Twstee. heve thwked him for to Charity. Flnanclal revlew Total incotne wa5 £311.08012023.. £3&3.2V21. iot4 expwKliturE £323.122 POfJ.. £278.7991 resutting in 8 dert of £12,04212023". £84,4&1 surFAus1. thr inve51menl gair6 d£38.218 IW23.. £89266 gal fv nel was £26.17612023.. £173.729 net in(xxnel. Th? INslees have examined the requtÈnnis for reser¥es in IVJM of the rnain ti5ks thÈ nIsat)n. 11 has established a policy whereby Ihe unSInc1ed fu5, nol commitied or inve51ed in ftted assets. he ty tre tharily sh)uld be approximate 9 monlh5 expenditure Budgeted expendilure 2(Y25 is £270,405 and Ihvefrrfe the w9el is £202.804 in GeneBI funds. Tha reseryes are needed lo me&1 the Worki requwetnents of the chatity. atwj Ihe tsustees ujtrfulenl that al this Ve1 thpy WOU be th to wntinue th8 current activthe5 ofthe charity a drop in aknwses conlrllxJlKm. Trustee$ continue wth Ihwr mapr rhal of tl Akn8hcw88 t) ensfft Ihat proptss aré S8. 5etrJre nEet mcNJem stsndards. Trustees a very grai&fLI to 9rani gvers he asststed thus far. are equalty aware of their ({19?110n lo endeavor to try and rneel part of the crtsl themsefves. Espeualty in WKffiicty ditfKull tirres. they $lLr it prudenl lo retsin a reserve lo 1 as a ¢cffjtribJtion 10 the costs of major woieLa5. The trustees fgra wDgrdrTwne of repairs and rn3int8nance lo the prOpe$. This allows funds 10 bu1 up kn spe¢rfK wc¥k. like kitthen atvj bathnM>m Tepla(Ements, txxlers ar rwf paIrS. Each area has a sel budget so trustees fund5 avaiL3tle in a partKvkJrarea.
YORK CITY CHARITIES TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2024 Flnan¢kl rvlew lcontindI Whilst unreslricted fuThJs Stsnd at £187.311. £837.585 ts de5vJnaled aside. INKJuthg fv4ed 8ssets of £343.5751 £54.939 reStrted. This leaYe$ [e seNe5 r1£187.31112023". £184.1151. Thi% i5 bek)w ts weL bAIwustees are tleing the fvnds on 8 reguL8r ba$. Over a peth of 50 years. Ihe thaity is rwuired lo repay eThSJThi lurd5 of£19).(KK) whty rt bc¢Th•J 10 fLw¥J tt brYS in 2005. £93,000 is outslan(ro at Ihe year eTrJ12023." £96.(MXII- The trustees have ass8ss#J the rs lo whkh ts (ity is eX[X1. * are sar tw systems place to exrosure the maitr risks. Strudurè. governan¢¢ m8nallement Govemlny document Yoth C6ty Charities set Fr8rK3s Bker aKI Certa rAlw Chw4s Icty of Yorkl Stherne ConfirrnBtw LI dated 5 Juty 1956. Tvustee5 appolnbneTht Trustses are aptxiinled and r&e(led in of OfPTrEn( Up lo fve 8re repr8sent8tNe true$ of thè Cty of York COU1. r8-8Fwnied every frXYye wdeWI are ¢)>opt¥e arKI to beTeed weryfv8 years. Organlsatlonal struciu The managerrenl of Ih8 clthity is conducd at 8 nL4nber Ll leve&. Tw5es meet on a quwterfy basis to £51der rnaior policy derisK)n5. review finartes. approve g1 i¢atsois •)d thal with Slat requwents. These Me798 aw ats attended by Ihe derk. acts)untsni. warden and (pY warden. The day lo day running ofthe lJust 15 deah by ihe w8rden thputy warden. so tsr85 th8 Fothwgil Homes are u)rK2med, and the cletk with regard to adnIstraon matters Thwe is, th addilion. frequenl bewn the derk. chair ol ITvsls. warden and certain INstees svho play a very actNe part ITr ltre mnrMrwJ wellbeirg in the thari8 and hottE5. Furthernx)re. Iruslees are apwnied lo nhmittee¥ b) considersp¥ific issues and iepm ba¢klO Ih2 filltrnslees rwtthvj. The trustees. rewiwas approved bylhe Bténl olTnthe MBAHamilton- Chair Trusteg Mr AJcthr*th) 6 Marth 2025
YORK CITY CHARITIES STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are respwksible forpreparin9 the TnJste25' Reyjrtand the siaiemèrts auxxdaKe with appkaNe law ar Unib8 Kingthtn AcctyJnting standa15 (United ryd0M GrAtPIe] A0X)LtirJ Practi1. The law appficable to chantses in Eny)d and Waks reqwes the k¥epare f)ancial 51alem2nts for eath financHI year whyh give a true and fair wew of Ihe slate of aff¥s of Ihe tharity and rf the MKomry reS0w arolKat•)n of res(w5 of the tartty fr)r thai year. In preparing these fmarKi ststsments. the Ite$ rery¥•J lo.. - select suitable 8rmJntlrg tKAKies arvj then y them 0$i$l11y'. .ob5erve the rnetlK)ds and rrfinupl8s in Lh8 Chaiibes SORP." . makeludgements eslwmates that e reasonatrje aTrY pnL . 51ale whether ¥plKatrAe rniunting $18TrJds have beEn loknAY. kniecl Io any material dep8Aur8s di5dosed and e>plainÈd in Ihe nanckql ststements", and . prepare the finawal stslemerts C the gcirKJ CL bBSts ur5s it is lo presun thai the charity 711 in operalron. The tnJslee5 are rewsibte keer suffwietrt aCc(Kl that dck)Se with a¥t9 acwrw ai y timè the financk81 positr of lh8 Larfty and eTrab Ihern to ensure that Ihe finar091 c¥)mkty the Charibes Act 8)11. Ihe Charity (Acwunts and Reports) Regula1)nS 2C4)8 and the Io¥1Sn5 01 Iwst ¢Jeed. They aTe resnsib forsafeguarding the assets of the charity and hen for lang reasonable steps wevenip)n atMI detedK)n ol fra aTrY Otherirregufr$.
YORK CITY CHARITIES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YORK CITY CHARITIES I rewt to the trustees cffj my e¥arw8tty ol ** fir0r1 Statts elyth City ltha thartyl fty the year 88 31 0ec8mber 224. Responslbllltle5 and basls of r•p)rt tha trustses of the ¢haiity ythj are re¥xknl)le the FxepaRIM)n of the statements wAh Ihe reqrtments of the charitSA 2011 (the 2011 kti. I rep in res of my exa[[ina ofthe LthaS Strrnts rIed lirthr 14501lh2 2011 Ad. In rarryTvJ oul my examinaban I have folki%d all the appkat4e (h"redYx6 by the Charity CoTrn undw Sect 1445llbl oflhe 2011 Act. Ind8yndet)t axamlthÈrf8 siatement sin the tharW5 gross ire exceeded £250.(IJO YOL¥ exarriw n¥t be a ftber of a Isled $t)n 145 of the 2011 Act. I eonfmi that l n Qualified to undertake the exarrunakn bpcause l am a rTrnber of Iniiute of Charted Ac(x)ufilants in EnglarKJ and Wale5. whh ofthe I have comrAeted rny ex8nlna1k. l o)nfjm thal mattws to my allentscm (ImnlI)n 1h Ihe exn5n8¢ glving me C4Lise to believe that in ry material respect." a¢n'r& re¢¢rds wert mi kept ui teswaofthe as re(W bysedTh 1XJ oflhe 2011 Ad." the finaDCi81 staierfnts do rw)i accord ilh reLrds". or the finanual stslempn15 do not (Airn wilh Ihe rewireffnts frym conÈnl of a££ounts sel oul in Ihe Chwits IAccounls and Reports) Regulatw)n$ 2008 OlFr than any wuir¥n)t give 8 true and faSr viw wN¢h is ncrt a consKJ&Èd a$ part of aTh indepernIeXarr4natir. I h8ve no cceM$ and have rx)me across no ¢)Ihpr matters in Ine(on ith the examinalK)n to sMukl be thawn in report order lo ena> a prcpeTuThlerslanthng fmaryi81 statements be rethd. Fr8n¢os H¢)ward FCA Fortu5 LirTiled BusSness Ad¥ts andActsuntsnrs EqUX HoLL8e Clifton Park Shiplon Ro1 Y030 SPA Yk Dated." 10 Marth 2025
YORK CITY CHARITIES STATEMENT OF FINANCIALAcTIVIEs FOR THE YEAR ENDED 31 DECEMBER 2024 ¢LIRRETr4T FINANCIAL YEAR IhwestriciÈd Unrestrfcted R•strlcted Endowment lunds funds fut)d8 ngral d•s1gnated 2024 2024 Tolal Totsl 2024 2024 2023 Ntes lTh¢omo and endowments Donations and legacies charitab acbvilies 64,893 271,588 17,820 8.830 131 279.622 21.020 s.7 279.622 21.020 10.406 OlhertraolNJ adivibes Inyestrnents Other incorr 356 Total InGome X6.671 311.CQO 363.2 Expendlture CharItae acti 245.483 74.450 3.189 323.122 278.799 Nel gain(lo$s88) 12 12.633 6.816 231 18.53B 38.218 89.266 Net In¢omel¢expeThJMwal 101 transfers 73.821 163.5811 12.6021 18.538 26.176 173.729 Gross transfers bets¥e8n fuThYs 14 170.6251 60.955 3.102 14el movemgnt In fynd$ 3.196 12.6261 21.640 26.176 173.729 Fund b81arKes at 1 J)uary 2024 184.115 8dO.211 50.973 gYpS,249 1.980.548 1,806.819 Fund balance5 3¢ 31 0¢¢r 2024 187.311 54.939 926.889 2,OJ6.724 1,980.548 The strknnl of finènci81 a¢li1L5 all gains k>ws recr¥JwLI ntheyear. AJI income and expernlilure derives o)rthuiTrJ acivths.
YORK CITY CHARITIES STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 PFOR FINANCLAL YEAR UM•8triciod UNestrfctsd Avslrl¢ted Endo¥Kn¢nt fvnds funds Total dBslgnJted 23 2W23 2023 2023 2023 Notps Incom• aNI •hdowmarts Donat5 and lega•es Charilable activitS 64.893 64.893 271.588 17.820 8,830 131 271.588 17.820 4,702 131 Other trading aCtivitS Inve$imÈnts Other incorne 3.848 Total kn¢om8 291.241 68.741 280 363.262 Expendilure Charitable athl8 22T.4 43.732 7.611 278,799 Netgainsllh)sseslen Invesbn 12 27.650 14.811 872 45.933 89,266 N•t Intomo fortheyear 94.435 3920 16.4591 45.933 173,729 Grass transfers bewn 14 (15.3941 64544 7.748 3.102 N•t movement In funds 19.041 104.364 1.289 49.035 173.729 Fund balances al 1 Jarwary 165.074 735N7 49.684 856.214 1,806.819 Fund balances at 31 08¢ember2Wd3 184.115 840211 50.973 9C6.249 1,980.548
YORK crry CHARITIES STATEMENT OF FINANCIAL posmoN ASAT 31 DECEMBER 2024 2023 Notes Flxed assets TarKJible assets Investments 15 889.713 8&2.452 844.660 16 1.772.693 1,707.112 Cuvrenl a$sÈts Debtors Cash al bank and in hand 17 18.170 256.471 40.881 268.908 274.641 140.6101 309.789 136.3531 Cl(tOrS. amtyjnts 1811ing wllhln year 18 Net wrrentassets 234.031 273.436 Tolal 8838ts188S ¢Umrf Ilablliti•s 2.1.T24 1.980.548 Capltal IndS Endowtnenl fur5 20 9.249 IncoTnè furhds Restricted fuThls UnrestriGled lun(ts- desiynated Unreslricted fund5- gpneral 21 54.939 837.5& 187.311 50.973 840,211 184.115 2.[.724 1,980.548 The fironu stslements were appr¢Md byth8 True8s on 6 r5AHamihon- Cha r FA Jthnsc*i TnJsts• Tvustee
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Ac¢ounUno poll¢ls Ch•rty Inlowmatlon York City ChaTrls s8 tharfty ilh ts Charity ¥J we$. 1.1 Accountiny canventlon The financial slatetnents have been pr4)arpd the charitys thrAJment. the Charities Acl 2011, FRS 102 "The FinarKial RewUTKJ Stanthrd K3b in the UK and ftepUtrA of Irell4n I"FRS 102.1 and the Charities SORP 'Accounting and Rewbn9 by Chariis". swement of Rets)rfthended Prydcbce apILb to thariii8s their acco18 Sn accudance the FinClaI RewbrvJ Standard aprthcatrAe in UK and RewA)k o( Ireland (FR$ 102r leffedve 1 January 20191. The tharily a Pubk Benefit Entily as defin by FRS 1tr2. The charity hastsken advart of the iThthe SORPforch5 not kn wee a Statemenl of Cash Rows. The fiar131 5tThents e departed frryn Ihe ChwqEs IAccoLYAs Rerthsl Regkn$ 2008 CAY to the extent required lo provwJe ¥ Iwe and fair This departure has invow fdlowrg IhÈ Slaternenl of ReDJnrnended Prdctice fc charilS applying FRS 102 ratherlhan fv r$K)n oflhe Stslerrent of Rec(4Tffiwded Prathce which is referred lo in fv Reguti5 bul whith ha5 n been wrfhdrwi. The financi siatemerts are wepared in sterlirwJ. IhÈ (UndKx dbaity. The financpal slalemenL£ are prepared on a going CfKem bax4 cosl ¢Veron. difd lo indude certgin item5 attsirvahJ8. Th8prlKiP81 actsyjrthng e bebJw. 1.2 Golng tonGem Al the lime of approvng the finaroal ststemerts. the bu8e$ have a sonab extdaiion that the chanty has adequate resources tInUE in opetalional eXi%ter thp fixeable lulure. Thus Ihe truslee5 (xrKI to athpl Ihe going wncern basi% of alng in preparry Ihe fm3nri7J #Me$. 1.3 Charltabl8 lunds Unreslnded genw81 fLd$- Ih888 818 fuThJ¥ ud in (tYdarte wilh Ihe obpcts al th8 discretion of th8 tnJstee5. DeSnated f.these are 86t asth tythe I1let$JE d est[ gerra funLts forspk purposes or p¢ts. Restricled furx15 - these we fUS Ih31 can be used parbwigr reththj purpr6es thin the objects of the charity. ReStrtrts arise wthen sFetsfYdd by lurKls are rdised fpartm>jl[ rethted pwFx)ses. Endomeni fthds. these are funds tich must hehl rral• bylhecharity. Irxx)me ai5ffig on the d(hYment fund (n be used In acwrdan( wlh the object5 of the charity and 15 induded a5 reStrthd irNx)me. Any caFxtsl gains or losses arising on investrnents form part ofthe fund. 1.4 Incorne JI incDme is in the ststerrbpnt (rf acti¥its vknen ts charity is IlY entitled to tl irKoTe aryl the Jnounl Izn bequanllr with 8stIe awary. 1.5 ExpBndthJre All experxjiture is xc(xmled an aCcLS basi5 and has ten cL9ssW undw he•Jings Ihal 8ggreg8te 811 costs to th81 category. Where costs <nnoi be dirn¢ty to path(yJL4r heJiryJs Ilw have been althail based on Ir eslimaied arWuntaltribuI8to that ivity in th8 >wr. Grants Payab are charged in the year %theTh lh2 offer corpleyed to reopent except in case5 %Yhere Ihe offer is Con(ritir0l. suth graryts bery re95ed a$8Xt*ndthr8 when the wrwjrfions attathed are fu18d. Gov8man¢e ctssis are L¥)5tsfL¥lhe weral nmrmng thrAy iselfa5 (X9arUsai. 10-
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 AcGOUllting pollGIps Icontlnuodl 1.6 Tanglble fixed assets Tangible fixed assets costir¥J rnLYe Ihan £5 are (4Xaed arxl at U)51 inckndir¥J any kici(nW expensesof aul5th"on. Fieehold land and Ms1v)uSes a Mt deryeualed. of otheT assets (acu1 off the excess of wst over e5tirnaled resKlua arrounl eVeY o¥w IhwexpeLed useful INe53s frAkThYs anThu review." Freth Fropprty Budding imwovements Fixtures, rrttirwJs. ar¥J equiFxnert Computers YA Slvaght lir SlrdvJM FA)e 25% StrdvJM Ine 25% Sbawaht The gain or k68 arn9 C the dw)sal of arb asset is ¢Jelem)in as the 1e the sak proce&ls and ts rryIng value ofthe as5el. and is recogrised Stsiwnent offinCIal acliwbes. 1.7 Ftr as81 Investrnents In¥eslmenls are indLvJed in the acrnunts at rr¢rkeltRk at the bnL 5heel date. Any gain ork)5s th7 revaluatKffj is laken lo the Siaternent d final xlnrits. Imp8lrnièrtDf fixed as5et5 Al exh r&wJrting end date. the charity rv1 fv c8rfy•w arrthnts ts kngiblE assets to dtsM1 wheiher Ihere 15 any ndi¢¥iion thai trK)5e assets have Suffered an palMIent k)ss. Ifany 5LK i¥thcatiDn exists. the recoveraNe amwni of the asset is e5tifflaled in order lo delermine the exte of the irryaumenl k)ss Irf aryl. 1.9 Cash and cash equlvalents Cash and cash equwalents c>h in h8TrJ8ThJ ¢jeF0 hekj at l)as. The thtY has elected lo appty the pro¥1$S of Sectiw 11 '8M Finanoal knstsun)ents' arwj Sedion 12 Finantaal Inslruments Issues, ofFRS 102 to all ofits fm•i(i81 iWunnts. Financk instrwrerts are reccwtsed in the chativs sheet kn the tharity tcc¥)ws rtY the Ctral pro¥iFAons of the Snstrumèni. aslc finan¢lal assets Ba¢ firAno81 assets measured a1tr3rwlb?n Iraisadxjn Fwjarvdl assets as re1¥ae wthin one year are rol amortised. Baslc IlnwKl81118bllllles Basic financial I&418$ a rxyJr¥5ed at trawciKffl Finantlal liai4lths da55iW a5 payAe year are not arnrlised. DecognI11on olflnan¢lalllablWtles Financial liabilitse5 are derecognBed when the ttr3EI 03¥Yere w are Iar9ed c¢c)celled. 1.10 Pfrn810Th costs Following SU enrdTtEtrt from Noverrthr 2015. r• and exisbng emF+)>w are aUlLty enrold into an Awva PensK Scherf. Cenlribul5 payablE are chty lov alennl of fm*K¥al as IrKyJrr&l. 11
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Donau0 and legades Total Unrestrf¢ted fund5 dpslgnated 2023 2024 Legaries reCeiwde 64,893 Charttabl& xtlvltles Charwable Income harhable Incom8 2024 2023 ctribuOn5 from residerts 279.622 271.588 Other tradlng aGtlt1pS Uryestrlthd Unrestricted funds funds neral 98neral 2023 2024 Rent 21.020 17.820 12-
YORK cir( CHARITIES NOTES TO THE FINANCIAL STATEmE1s (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 Investmènts Urwestri¢ted Vnre8thCknI Rericted Totsl fvt)ds funds dslgned 2024 2024 2024 DivKleThls fmm Urxi Hdthng VK Interest on rash deposits in ts UK 5.511 5.867 4.539 5.997 10.406 Totsl nds fuThJs ger?1 de5KJnated 223 2023 2023 2023 Dthjends recelved ffrc Vnil Fk4dui9 in thè UK Interest on c8sh depwts held in the UK 4J31 371 4.611 4.219 4.702 8.830 Other Incomo UN8Strlcted Unr8$trfcted tund$ tund5 general 2024 98n8ral 2023 OlhÈr irorr* 131 13-
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS ICONMNUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Charwable act5 Charttable EXNdItuTe Charllable Expendilure 2023 Warfens arKI assi51anlssaLgry and expenses Pension uis 31.372 2.974 11.771 39.171 59.234 1.832 81.162 1.038 28.880 2.567 12.032 33.960 56.883 2.392 57.635 Ryetsre- Warden (zll Cleanerand ganJe5 saLiryand expw Heating. IwJhling and waier Resithnls amenitEs Repairs arKI winte¢8 Cle*ing 228.554 194,329 GRnt nth9 olath1 (see nrle 8) 13.189 7.611 Share of 5UPP)rt ¢t$ (see 91 Share ofgovwnwce costs (see 78.259 3.120 72,679 4.180 323.122 278.793 Analysis by fund Un¥triC1ed funds- general Unrestricted funds- deSn¥ted Restricfed fUrS 245.483 74.450 3.189 227.456 43.732 7,611 323,122 278.799 14-
YORK cir( CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Grarts payable Charitable Èxpendllure 2024 Ch8ritaNÈ Expenditure 2023 Gran15 10 institulb)Th8'. YcKk Comege S31vationkny popeton Roa Primary SK Pathfinder M11-A¢ayTrUSI Hal Wesifi?kJ Prim¥y St 10.(KIO 2.LX)O 2.000 2.0 2.]0 611 12.0 6.611 Grnnts lo in(fvkyusl3 gRnts12023". 2 u¥artsl 1.189 1.(K)O 13.189 7.611 The grant to the SafvaityYdsto rwty in the Crtyrfyork. The Y¢)rk Cdlege was awartsd cwt of Ihe Maw1 TurnedThl Legxy rtmd b) fmantsal hardshps of students, in th the wshes of Ihe drwr. Th grant * resirKd io be•vJ ed to Sw)¢ ts1ts who ITh* 1thl the City uf York. in line with Ihe objects of the Charity. 15-
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 support costs 2024 SuFytt costs Gov8m8n¢o Costs 2023 De8¢811)n subscripti Telephone Insurances 24.841 24.841 20.552 351 20,552 824 553 4.141 4.141 3.913 420 31.020 3.913 420 Profes$KY1 fees Salary of d8rk PrintirvJ, postage 8rkY slionery General surhjries Accoun13r 20.959 31.020 770 3.472 22202 770 3.472 21202 524 2.087 13.146 524 2.087 13.146 113 Tra9 Ci Indepwd8nl Ex8rrinai 3.120 3.120 4.180 4,180 78259 3.120 81.379 72.679 4.180 76.859 Anatysed betwe Ch¥itsNe actKvils 78259 3.120 81.379 72.679 4.180 76.859 SupFX>rt wsts Ac(x)unlancy payrd fee5 01 £704 120Y8.. £7211 aNI manwJennl accts. trrriNJ. fmano81 suprort fees of £20.988 12023.. £11.W2511kn8marts ITrJepe?nt EN181 tiicMJes Indwerylent Examine¢5 fees of £3.120 12023.. £3.4801. 10 Trustees No remun8fp)n direct or of the ld$ otthe thity paH1. LY B Y&te. tc Ihe year or in the prky year kn any ttU5tee orlo any person or persons to be any offvm. No trUse$l2023.' r)were r¥mbJts•J I21. £nllfc¢eNrenses the year. 11 Employees The aver•)8 mnthly nLmber dL¥WVJ lh8 ye8rww". 2024 2023 IILmbfrr Number Tolal Wa5 sa191i88 pens1r costs Pension admir1th co*5 67,398 2,618 60.668 2.341 360 70.376 63.369 There were noempkjyees annual rernFat wa5 £60.0) LY mue year. 16-
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 12 Nt galn¥llg$59s1 on Inv•slmonts Total fvnd5 funds general de$lwted 2024 2024 funds fund5 2W 2024 Unrealised Ilcésesl Igwr on 12.633 6.816 231 18,538 38.218 Totsl fuTh runds senerdl dnate 2023 2023 2023 Vnrealised I$11 galli$ on investrrbpnb 27.6Sk 14.811 872 45,933 89,266 Taxatlon The charbty is exernpl from tax M cOMe 98 falling 505 of the TaxesAct 1988 or sxtson 252 01 ibe Tax81 o1chaeab GainsAcl 1992 10 Ihe extwl tst tlEse are lo ds t*ariiabJe obp&s. 17_
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Transfers 2024 To Capita rea1mntfuTh1 To poots braThth fur To advancement btsnth fthj To extra)rdwiary repayfund To modefflisalK)n and mainlenancehJTrJ To red asset fund 11021 16,4181 11501 13.0551 151.90DI 13.0001 NottrafVS (from) gener81 fvt) 170.6251 From bunga fund to l(n repeTrEnl fd From general funds to exbaordinary f Frem oeneRI funds to WDdSaIK)n rrnia lurKI Frijm general funds to fixed asset fUj Frorn mlemISan rrOin1enan fvThY lofixed 8ssetfmJ To fixed asset fijnd frTrn nxNlerntsatiDn manknarKe 13.0001 3.055 57.900 3.000 152.1031 52.103 Nettransfer5 to desKJf>ed fuTh 60.955 Net transfrs Ilroml unrestrkted ful$ 19.6701 To caplal fund frcth capftal YeF4xeffni fimd From general fund to Capit repb¢6m8nl From L3wtal lepL4cnent furhy to caplal luThJ From loan replatsmenlfund t0<aw rerAarr¢nl lur¥t To capital rerts¢ement fund from k)an repla(1 I1 From bUrvJal¥ furKI to repiyerwt 255.435 102 1255.4351 13.0001 3.(N)O 3.000 N&ttransf•rto •ndDwrn1IUTrd5 3.102 Frtrn 9enetsl fur5 to Po5 Ixanth fund FrThm genwal fu$ to athaNnntbrKbfutKI 6.418 160 Nettr8nsfer8 to restrfLxed 6,568 18-
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEME14TS (CONTINUED} FOR THE YEAR ENDED 31 DECEMBER 2024 15 Tan9lbl8 ffxed a$sets Freehold land Building Flxtures. a[ Improvements ffttings. and AlmslK•uses ewlpmènt Computers Totsl Co$t Al 1 January 2024 AdditnS 746.7W2 111.725 51.204 40.146 898.663 52,103 899 Al 31 Decerrber 21Y24 746.7Y2 162.929 40.146 899 950.766 D8w8clatlo Al 1 January 2024 Depreriation tharged in theye 11.ITJ 15.311 25.038 9.381 36,211 24.842 150 At 31 Oecerter 2024 26.484 34.419 150 61,053 Carylng 3rn0Lint At 31 DecerrtheT2(Y24 746.7¥2 136.445 5.727 749 8B9.713 At 31 December 2023 746.792 10).552 15.108 862.452 16 FIX as8•1 Investments UK quoted In¥e8tmer Cost orvalLtatton Al 1 trdnuwy 2024 Addikns 844.660 Un#sl gain 38.218 Al 31 De¢eThber 21Y24 882.980 Carying amount At 31 December 2024 882,980 At 31 Decembw2023 844,660 I h)v8slmenl$ hej in a charity SPEafK fLVKI avrs Io WD¥Kle a SIn4)k inves¢rr)ent sr4utrJn. The fund is mae up of a miK of irKtyrne arKI acvJThtsliDn units. 17 Debtors 2024 2023 Amounts lalllNJ due wlthln one y•*. Trade debtor5 Olherdeb&ys Prepaym8nls 1,120 14.192 2.858 38.791 2.090 18.170 40.881 19-
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 1B cdIf¢r$. amounts falllng due one year 20341 2023 Notes Trade credilo Other crethtors AcGwa 7,460 6,331 20.383 6.436 14,212 4.312 13.952 3.877 O&fÉrred itOrne 19 40.610 36.353 19 D8fevred 2024 2023 Arfsing frcm Reni in advar 6,436 3,877 Deferred irwrne is indwjed tn lherffiai s&n4$fd". 2024 2023 Deterred irw))mtr is uKluled ith.. Current liabili 6,436 3.877 em8nL% in Ihe year". Deferred irtome a11 JarvJary 2024 Released frw yev1 ped$ Resou8$ defeffed in the year 3,677 13,8TTI 6,436 3,604 13,6041 3,877 Deferred inc8 8131 De£mber 3J24 6.436 3,877 -20-
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 20 Erbdowmentfunds Endwment fvTrYs rep assets Wh rrwsl be hehj p8mN8rnty ty the dwrity. Inry)rre th8 endowment fuThYs wt bt used in accolae with the oeds of the tharity arKI is IrKJ as urrestrthrf Y(¥nÈ. Any wital gain5 b5ses arising on Ihe 8$5et5 form rort olthe fund. Movement In funds ExptrndthrE Trnnsfers BalanGe at l January 2024 Galns and Balan¢e at Ilossèsl on 31 December Imiestments 2024 Capital fund Capital repLaCnt Ij 610. 291,359 2&5.435 1252.3331 e69,889 57.000 14.974 JS.249 3.102 18.538 926.889 Movemont In funds Income ExpendHyTe Transf•rs Balan¢& at 1 Jarwary 2023 Gain5 and Balance at Ibssesl onl Januory 2024 Caytal fund Cap1 repL8cement fuThl Lo8n replac8rmenl fLnd 597.412 13.478 32.455 610.89) 294.359 9.102 I6.0} 8214 3,102 45,933 905.249 Ca1 Fund The fd was setup when the 7)abaama f(Mty six dks xik and as)USe5 erected. Capltal R8placoment Fund The fund Wds set up %¥hen lh8 We exl2rKled n 1964. IDweth8rts We reased oul of Ihe rrtiwtal fuKls. The Charity Comffl8sb)nets reqUe IIK>se furd5 to be re¥4aced by an (nbilMJtscfi of r102 fty a perir¥J of 8ty year& ThSs ¢5 fuffilled so Ihe ha5 been tran5ferrwJ to lh8 [apit fuThJ. Thp second agreerrenl was ILY 2 bJr¥JabM bt 2005. Slarkng ki 21. th8 thality Lx¥nmissK)n reqe$ fJ.OQ) tr> be paKI badl for a 50 yeats. Loan Replacement Fund The fijnd was set up two bw¥J(l¥s were bunt 2(X)S. Invethnts re retsed of the (zpital funds. The Charity commissione r&]uire funds of £150.((M) In be rep ty an 8mual tonknbukn of £3.0(A) f(x a perk?d of fY years slar1 in 2006. 21
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMEprrs {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 21 Rostrfcted funds The nicome furvjs ef Ihe chatity IrKI restiKXed futvJ5 (¥XTwrvJ L•)8xFended balarK8s r4 drTrtKins and grants hekj on tn1 for 5peufic sNKwse5.' IloY¢ment ln fvnds Balan¢e at 1 JaNary 2024 In¢omv Exp8ndllvr• TrarlofS Galns and Balance at Ihi5se51 on 31 Decembpr Imiestmenls 2024 LY Hews Charty Poors branth 10.660 37.446 2.7 231 11.247 40.675 3.017 13.1891 6.418 Advancement tY8rKh 50.973 13.1891 231 54.939 Mov8ment In fvnds 8 Exp8nd6ture Transfgrs Balance at l January 2023 Galns and BaTrce at Ilossesl on 31 December Inv6stmfrThts 2023 Lwjy HevAels Charity Poor5 branch Ad¥arnent brarKh 9.$08 37.459 2.717 8T2 10.660 37.446 2.867 150 49.684 7.748 872 50.973 Lady Hewley¥ Char Lady Chatity lor Sch(xAs (zme urthr the athIntraI of Ihe InJ51ees ty a S[ne ded 19 January 1976 but this has lo remain a sep3rale charity. Poors Branth This is US to help peoF48 are in ne8d of awj. (kne ol wwesbmert inc£The fe55 m?n¥ffenl and a(knini5trabLYI expenses goes inlothis branch. Advancement Breh This is used to gwe p2 sver OPFX)rrts5 Ihan ¥j orntly have. £150 per 8Mum goes nlo the ad¥arK*nent branch.
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS ICONnNUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrlcted furbds.de4gnd These are unreSed Fur whKh aredesw¥rd bylwu5tees fr)r the ch$ ¥tiffts m•J8 upas f(1.. m0vernl In fund5 Baknc• al 1 Jamary 2024 lrt•me Expnditurt Transfers Galns and Balance at IIoss8s1 on 31 Dewnb•r Investments 2024 Exlra)rdinary repairfd emYS8c atms rnaintenar fund 133. 3.055 6.816 143.8 120.985 51.274 2.7T8 1.275 I39.) 5.797 89.951 52.549 93.0 343.575 49.748 10.orKJ 54.893 MaiOrTrh[ksfud Bung8bw lund Fed a5sel fund Climate Change re5sKnse lund Future suilabilty fea5bl.ty lund MaUitèTLTneCff Legacy futKI I3.0) 55.103 313.313 49.748 10.(KXI 6493 124.8411 110.CWI 840.211 {74.4) 60.955 6.816 837.585 ov¢meTht In fvt)ds Incrffie Exppndltsjre Trafer$ Balte at 1 January 2023 G•lns and Balance at Ilossesl on 31 De¢emb8r inv¢stm¢nts 2023 Extraorthnary rEparfund Modemisatrts) aThJ rnaifttarK fijnd 116.132 3.055 14.811 133,998 201.492 9).223 2.797 1.051 ITJ.1791 IfA).1251 120,985 51.274 96.000 313.313 49.748 10.000 64.893 Majorwowk5fund 8ung81ow fLnd Fixed 85sel fund Climate Change resp) fwd Future suitability feasitslity lun¢J Maufic8Tum8c4ff Lagacy furKI I3.0) 124.614 209.252 49.748 10.CO) 120.5531 64.893 735.847 6&741 143.7321 14.811 840.211 23-
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 Unre8trt¢ted lunds- dtslgnated Iconvnuedl EXtradInry ropalrfund The Charity Comtlli55K)ners requi an anrntal of £3.055 in¥esled in Charilies 01¢181 Inwesbment FLnd AcwnwlalFon Shares The fLmd ran onty be ¥ed f< c4)ital woieas. as rebjlkjw or extensiLst0 the aknslK)uses. m0dernlsat1 and rnalntenanGefLmd The fuTr8 is ¢JesvJned to manage the upkp of pr9)e[ SI buiklir¥J funds for fryular repments and knger lerm worf¢ needed. The Charity corTWlliSS rrn1nendth3l an anrwl anrt of£4.9a) awee lo rnver periodic rfkqinlenance. In a(kIlln the wlicy of the Iruslees is 1¢ transter furihtrr fyjnds b sukwt the rrde[rSon and Tnainlenantx programrnp. During the year. Ihe sum 01£57.9W was uansf8rrnd. Major works furvj The fLnd is desYJntd to sipw)rt ary nv•)rYtslhalneel c9rry1 Bungal¢)w fund This is kn represent the lurxls b) the bjTrJ8I in 2005. is to be repah1 to the endwnent over SO years. FIx8d 8s8trt lund Thi5 fitnd represents the rel valwof reSId fix¥J assets hthl byth2 dHtty. Ilmats change responsE furKI The Clirnale Chang8 Reswn Fund A pr4rj lur the Ire rKAts in re5prme to dArAte change requirements to become r4rbon neutral. Futuyo suttabllityf•asibilityfund The FLrture Suitability Feablty Furxl is a ptDViSK)n to Ver wy reseth a1 wlvKe with regard to wsvriry Ihe resKlences continue lo meet the charKJing stsfjdawds SLKyety. Maurf¢eTurnecllll legacy Fund This fuTrl represents mon$ lo the dwrity. tD resped hrpfyj to be for the purpr6e of 8ssistsr college. Lmiver¥rty. 8ThJ ÈenK* sch theyork area Ixjrwies and exrenses. -24-
YORK CITY CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 23 Analy81s of nei assèts between Total funds tund5 2024 lunds fund5 2tr 2024 Fund balarxz5 al 31 Deceth2024 e represented by.. Tangible assets Inveslfftent5 436.574 140.816 2W.195 453,139 470,7S) 889.713 882.980 234,031 J.9n 173.6621 10.441 44.498 Currem asset(11rtS1 187.311 837.585 54.939 926.889 2.LN)6,724 Total fund5 funds 2023 ld$ 2023 2023 2023 2023 Fund balan5 * 31 Dec8fflM2ry23 represented ty.. Tangible assets In¥eslrfnts urrent aS5etslOkiIe$1 4(Tr3.313 133. 453.139 452.110 862.452 844.660 273.436 248.342 I.227) 10210 40.763 184.115 840211 50.973 90S.249 1.980.548 24 Related party tranuGtIo Thwe were no dCk)sab rela pa tr*s8&5 ¢kning the yea (W23. r¢n81.