|||||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||||||||
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##
||||||||||||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|
##
|13.|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|