2022-12-31-accounts - Prosper Wakefield District Ltd

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				Page
Reference	and Administrative Details
Report ofthe Trustees			2	to	6
Statement	ofTrustees'	Responsibilities
Report ofthe Independent Auditors			8	to	10
Statement	of Financial	Activities
Statement	ofFinancial	Position		12
Statement	ofCash Flows			13
Notes to the Financial		Statements	14	to	25

TRUSTEES	Mrs M Whittaker	(resigned	(resigned	(resigned	(resigned	24.10.22)
	T Hawkes (resigned			04.05.23)
	S K Russell
	V Silver (resigned		04.05.23)
	C Thompson (resigned				26.09.22)
	Mrs C Bernard
	Mrs C Longley (appointed					27.01.22)	(resigned	16.11.22)
	(appointed 04.05.2023)
	STopham (appointed				13.01.23)
CO(VIPANY SECRETARY	Mrs K Lindley
CHIEF EXECUTIVE OFFICER	Mrs K Lindley
REGISTERED OFFICE	35 Peterson Road
	Wakefield
	West Yorkshire
	WF1 4DU
REGISTERED COMPANY NUMBER	00489136 (England			and Wales)
REGISTERED CHARITY NIJMBER	226121
AUDITORS	Azets Audit Services
	Chartered Accountants				and	Statutory	Auditor
	Carlton I-louse
	Grammar School	Street
	Bradford
	BD1 4NS
SOLICITORS	Wrigleys Solicitors		LLP
	19Cookridge Street
	Leeds
	LS2 3AG
BANISTERS	Barclays Bank Pic
	Trinity Walk Shopping				Centre
	Teal Way
	Walcefield
	WF1 1QS
	Handelsbanken
	Unit 10
	Navigation Court
	Wakefield
	WF1 9FQ
	Santander Business		Banking
	PO Box578
	Wakefield
	WF1 9FQ

											Period
											1.8.20
										Year Ended	to
										31.12.22	31.12.21
								Unrestricted	Restricted	Total	Unrestricted
								funds	fund	funds	funds
							Notes
INCOME	AND	ENDOWMENTS				FROIVI
Donations	and legacies										1,200
Investment	income							142,454		142,454	664,213
Charitable	activities							391		391	9,467
Total								142,845		142,845	674,880
EXPENDITURE			ON
Raising funds								20,020		20,020	42,953
Charitable	activities							738,684		738,684	642,710
Total								758,704		758,704	685,663
Net gains/(losses)		on investments						(1,572,836)		(1,572,836)	1,591,448
NET INCOlVIE/(EXPENDITURE)								(2,188,695)		(2,188,695)	1,580,665
RECONCILIATION				OF	FUiVDS
Total funds	brought		forward					13,412,448		13,412,448	11,831,783
TOTAL I	UNDS	CARRIED FORWARD						11,223,753		11,223,753	13,412,448
CONTINUING		OPERATIONS
All income	and expenditure				has arisen from		continuing	activities.

							31.12.22	31.12.21
					Unrestricted	Restricted	Total	Unrestricted
					funds	fund	funds	funds
				Notes	6
FIXED	ASSETS
Tangible	assets			13	852,958		852,958	851,174
Investments				14	10,014,837		10,014,837	11,590,108
					10,867,795		10,867,795	12,441,282
CURRENT ASSETS
Debtors				15	13,536		13,536	1,853
Cash at	bank and	in hand			456,251		456,251	1,072,017
					469,787		469,787	1,073,870
CREDITORS
Amounts	falling	due within	one year	16	(113,829)		(113,829)	(102,704)
NET CURRENT ASSETS					355,958		355,958	971,166
TOTAL ASSETS LESSCURREiNT LIABILITIES					11,223,753		11,223,753	13,412,448
NET ASSETS					11,223,753		11,223,753	13,412,448
FUNDS				17
Unrestricted funds							11,223,753	13,412,448
TOTAL	FUNDS						11,223,753	13,412,448

					Period
					1.8.20
				Year Ended	to
				31.12.22	31.12.21
			Notes
Cash flows from operating	activities
Cash generated fiom operations			19	(741,221)	(588,871)
Net cash used in operating	activities			(741,221)	(588,871)
Cash flows from investing	activities
Purchase oftangible fixed assets				(3,726)
Purchase offixed asset investments				(10,126,263)	( I 1,472,902)
Sale oftangible fixed assets
Sale offixed asset investments				10,128,698	11,047,028
Interest received				49	15
Dividends received				126,697	649,718
Net cash provided by investing activities				125,455	223,859
Change in cash and cash equivalents the reporting period		in		(615,766)	(365,012)
Cash and cash equivalents beginning of the reporting	at the period			1,072,017	1,437,027
Cash and cash equivalents the reporting period	at the end	of		456,251	1,072,015

Freehold	land	and buildings	10%on cost
Improvements		to property	10%olt cost
Fixtures	and	fittings	33%on cost
Coniputer	equipment		33%on cost

										Period
										1.8.20
									Year Ended	to
									31.12.22	31.12.21
	Donations									1,200
4.	INVESTMENT			INCOME
										Period
										1.8.20
									Year Ended	to
									31.12.22	31.12.21
	Rents received								15,708	14,480
	Dividend	income							126,697	649,718
	Deposit account			interest					49	15
									142,454	664,213
5.	INCOME		FROM CHARITAIILE ACTIVITIES
										Period
										1.8.20
									Year Ended	to
									31,12.22	31.12.21
					Activity
	Complementary Room			Therapy	Complementaty		Therapy	Centre	391	643
	Community		Foundation		Grants/	Donations				8,824
									391	9,467
6.	RAISING		FUNDS
	Investment		management		costs
										Period
										1.8.20
									Year Ended	to
									31.12.22	31.12.21
	investment		management		expenses				20,020	42,953

			Grant	Grant
			making	making
			2022	2021
Raising funds				21,114
Conununity reseach		project	22,912	21,164
			22,912	42,278
Grant funding of	activities (see note 8)		451,418	331,479
Share ofsupport	costs (see note 9)		256,614	222,119
Share ofgovernance		costs (see note 9)	7,740	46,834
			738,684	642,710

							Grant	Grant
							making	nialdng
							2022	2021
Grants to institutions:
Community Media CIC							44,468
Leeds Gypsy & Traveller							43,750
Star Bereavement Support							38,400	38,828
Pontefract Collieries	FC						32,000	1,750
Young Lives Consortium							25,000	4,934
Nova							25,000
Bring Me To Life							24,279	4,479
Wakefield District Sight							22,750
Homestart Wakefield	&	District					21,211	8,132
Disability Sport Yorkshire			CIC				20,209
Reflections Yorkshire							15,930
The Old Quarty Adventure			Playg			round	11,000
St ivlarys Community	Centre						11,000
St George's Lupset							11,000	13,737
Lightwaves							11,000
Eastmoor Comniunity	Project						11,000	15,000
IvlJ Languages Polish	Communi				ty Center CIC		8,816
The Well Project							5,500
Stanbridge Lane Development							5,500
Havercroil & Ryhill							5,500	5,000
St Catherines Church							5,500	1,500
Spectrum People CIC							5,500
Ryecroft Leisure CIC							5,500
Red RoofCentre CIC							5,500
Inspiring Community	CIC						5,500
Bless Community Services							5,500
Grow Wakefield							4,997
Open Countiy							4,000
Kidzaware							4,000
Five Towns Veterans	Suppoit						4,000
Kingsley & Fitzwilliams							3,664
Soup4em							2,000
Bronte Barbicans ARLFC							1,244
Oasis Christian Centre							1,200
Wakefield Street Kitchen								25,452
Second Chance								17,562
Featherstone Rovers								15,000
Spectrum People								14,435
The Hepworth								14,203
Wakefield Sea Cadets								14,000
Gasped								12,282
The Addy								11,840
The Prince ofWales Hospice								10,879
Young Peoples Empowerment				P	reject			10,800
Barnsley Mencap								10,000
St George's Community		Centre						8,928
Afemai Children's Trust								5,000
Ackworth Community	Library							5,000
Humanity 1st								5,500
Learnest								5,000

Theatre Royal				5,000
Crafting for Good				5,000
Waketield Community Trust				5,000
Co-Active Arts				4,725
Open Country				4,509
Oak Forest School				4,420
Luv2meetu				4,169
Speak With IT				4,105
Castleford RUFC				3,970
Wakefield District City of		Sanctuary		3,060
Forget Me Not Children's		Hospice		3,000
The CROSS Project				2,880
Age UK Wakefield	District			2,100
1stAckworth Guides & Rangers				1,500
Mind				1,000
Other				50
			451,418	331,429
Grants to individuals				50
			451,418	331,479

		Support	Governance	2022
		costs	costs
Staff costs		132,623		132,623
Depreciation		1,942		1,942
Premise costs		65,736		65,736
Room Hire		2,0841		2,084
Travelling expenses		6,112		6,112
Office costs		4,598		4,598
Training		2,480		2,480
Legal and professional		6,272		6,272
Subscriptions		2,196		2,196
Advertising	and Branding	24,590		24,590
Sundiy expenses		1,356		1,356
Bank charges		265		265
Audit fees			7,740	7,740
Accountancy		6,360		6,360
		256,614	7,740	264,354
Analysed between
Charitable activities		256,614	7,740	264,354
		Support	Governance	2021
		costs	costs
Staff costs		140,205		140,205
Depreciation		4,668		4,668
Loss on sale	ofTangible
Fixed Assets		120		120
Premise costs		49,841		49,841
Travelling expenses		1,283		1,283
Office costs		6,845		6,845
Ti'a IIl111g		380		380
Legal and professional		4,117	39,367	43,484
Subscriptions		1,276		1,276
Advertising		360		360
Sundiy expenses		1,010		1,010
Bank charges		323		323
Audit fees			4,740	4,740
Accountancy		7,491		7,491
Professional	fees	4,200		4,200
Trustees recruitmeni			2,490	2,490
Trustees training			237	237
		222,119	46,834	268,953
Analysed between
Charitable activities		222,119	46,834	268,953

					Period
					1.8.20
				Year Ended	to
				31.12.22	31.12,21
Auditors'	reniuneration			7,740	4,740
Depreciation		- owned	assets	1,942	4,669
Deficit on	disposal of		fixed assets		120

				Period
				1.8.20
			Year Ended	to
			31.12.22	31.12.21
Wages	and salaries		115,411	119,391
Social	security	costs	6,433	9,133
Other	pension	costs	10,779	11,681
			132,623	140,205

	Period
	1.8.20
Year Ended	to
31.12.22	31.12,21
4	3

TANGIBLE FIXED ASSETS
	Freehold	Improvements	Fixtures
	land and	to	and	Computer
	buildings	property	fltthlgs	equipment	Totals
			8	8
COST or VALUATION
At I January 2022	850,000	4,692	26,762	5,102	886,556
Additions			710	3,016	3,726
At 31 December 2022	850,000	4,692	27,472	8,118	890,282
DEPRECIATION
At I Januaiy 2022		3,519	26,761	5,102	35,382
Charge for year		704	234	1,004	1,942
At 31 December 2022		4 223	26995	6 106	37324
NET BOOK VALUE
At 31 December 2022	850,000	469	477	2,012	852,958
At 31 December 2021	850,000	1,173			851,174

FIXEDASSET INVESTMENTS
	Listed
	investments
MARKET VALUE
At I Janualy 2022	11,590,108
Additions	10,126,263
Disposals Revaluations	(11,598,362) ~733 3723
At 31 December 2022	10,014,837
NET BOOK VALUE
At 31 December 2022	10,014,837
At 31 December 2021	11,590,108

	Valuation in 2022	Valuation in 2022								10,014,837
										10,014,837
15.	DEBTORS: AIVIOUNTS				FALLING		DUE WITHIN ONE YEAR
									31.12.22	31.12.21
	Other debtors								843
	Prepayments and		accrued		income				12,693	I 853
									13,536	1,853
16.	CREDITORS:	AMOUNTS				FALLING DUE		WITHIN ONE YEAR
									31.12.22	31.12.21
	Trade creditors								1,642	2,785
	Social security	and other			taxes				2,765	3,826
	Other creditors								40,025	39,708
	Accruals and deferred			income					69,397	56,385
									113,829	102,704
17.	LEASING AGREEMENTS
									31.12.22	31.12.21
	Within one year								2,164	2,164
	Between one and five years								902	902
									3,066	3,066
18.	RELATED PARTY DISCLOSURES
	Remuneration	of	key	management			personnel
	The remuneration		ofkey		management		personnel	is as follows:
									2022	2021
	Aggregate compensation								70 387	94682

							Period
							1.8.20
						Year Ended	to
						31.12.22	31.12.21
Net (expenditure)/income Statement ofFinancial		for the reporting Activities)		period (as per the		(2,188,695)	1,580,665
Adjustments for:
Depreciation charges						1,942	4,668
Losses/(gain) on investments Loss on disposal offixed assets						1,572,836	(1,591,448) 120
Interest received						(49)	(16)
Dividends received						(126,697)	(649,718)
(Increase)/demease	in debtors					(11,683)	21,580
(Decrease)/increase	in creditors					11,125	45,276
Net cash used in operations						(741,221)	(588,873)
ANALYSIS OF CHANGES			IN NET FUNDS
					At 1.1.22	Cash flow	At 31.12.22
						6
Net cash
Cash at bank and in	hand				1,072,017	(615,766)	456,251
Total					1,072,017	(615,766)	456,251