KNARESBOROUGH RELIEF IN NEED
ACCOUNTS
FOR THE YEAR ENDED
31ST DECEMBER 2021
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CONTENTS PAGE
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| CONTENTS | PAGE |
|---|---|
| Legal & Administrative Details | 1 |
| Trustees’ Report | 2 |
| Income & Expenditure Account | 3 |
| Notes to Income & Expenditure Account | 4 - 6 |
| Balance Sheet | 7 |
| Independent Examiner’s Report | 8 |
Darnbrough & Co Ltd 127 Monkswell Business Centre Manse Lane Knaresborough North Yorkshire HG5 8NQ
K667 2021/JAD
KNARESBOROUGH RELIEF IN NEED
LEGAL AND ADMINISTRATIVE DETAILS
- a) The charity was set up as an amalgamation of various smaller charities on 6th July 1991. Registered with the Charity Commission – number 226743.
b) The Trustees
Ms C Reid (Chairperson), Cllr C Willoughby, Mr I Avery, Rev G Hinchcliffe, Mr M Dixon, Cllr M Clemmitt, Mrs P Murray
c) Registered Address
9 Netheredge Drive, Knaresborough, North Yorkshire, HG5 9DA.
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KNARESBOROUGH RELIEF IN NEED
TRUSTEES' REPORT YEAR ENDED 31ST DECEMBER 2021
Objectives
The trustees are empowered to firstly cover out of income, the cost of repair and insurance and all other charges in connection with property belonging to the charity, together with incidental administration and management expenses.
The trustees are under obligation to apply income of the charity in relieving either generally, or individually, persons resident in the parish of Knaresborough who are in conditions of need, hardship or distress by making grants of money, or providing or paying for items, services or facilities calculated to reduce the need, hardship or distress of such persons.
Review for the Year Ended 31st December 2021
The over distribution for the year amounts to £9,236.17 and this has been deducted from the income fund carried forward.
Valuation of Charity Investments
The charity owns 2.34 acres of land at Lingerfield. This land has an estimated market value of over £20,000.
In addition the investment in the Charities Investment Fund Income units has a value at 31[st] December 2021 of £988,758.00 compared to a book cost of £337,648.74.
Statement of Trustee's Responsibilities
The trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Scheme and of the surplus or deficit of the Scheme for that period. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Scheme will continue to operate.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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KNARESBOROUGH RELIEF IN NEED
INCOME & EXPENDITURE ACCOUNT
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YEAR ENDED 31ST DECEMBER 2021
NOTE 2021 2020
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| Income | |||
|---|---|---|---|
| 1 | Dividends | 25,422.80 | 24,927.61 |
| Bank Interest | 54.31 | 859.56 | |
| Rents | 720.00 | 720.00 | |
| __ | __ |
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| 26,197.11 | 26,507.17 | ||
| __ | __ |
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| Less: Expenditure | |||
| 2 | Charitable Distributions | 35,185.46 | 42,673.69 |
| 3 | Administration | 247.82 | 185.25 |
| __ | __ |
||
| 35,433.28 | 42,858.94 | ||
| __ | __ |
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| UNDER/(OVER) DISTRIBUTION IN YEAR | £(9,236.17) | (16,351.77) | |
| __ | __ |
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KNARESBOROUGH RELIEF IN NEED
NOTES TO INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2021
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NOTE 2021 2020
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| 1 | DIVIDEND INCOME Charities Official Investment Fund Quarter Ended 31.12.20 6,245.12 5,999.93 Quarter Ended 31.03.21 6,341.28 6,341.28 Quarter Ended 30.06.21 6,341.28 6,341.28 Quarter Ended 30.09.21 6,495.12 6,245.12 _ _ TOTAL DIVIDEND INCOME £25,422.80 24,927.61 _ _ |
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KNARESBOROUGH RELIEF IN NEED
NOTES TO INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2021
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NOTE 2021 2020
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| 2 | Charitable Distributions/Grants Friendship & Leisure (Food Parcels) 500.00 500.00 Cristina Potts 2,744.00 - Knaresborough Museum Association 2,500.00 - Carer’s Resource 200.00 - Elizabeth Ratcliffe 819.00 - Beth Allen 850.00 - Neil Smith 2,957.20 - Fiona Chalmers 1,332.50 - Amelia Gill 876.00 - Charlotte McLean 1,329.00 - Elisha Eady 1,295.00 - St John’s School 400.00 - Stephanie Edwards 160.00 - Annabel White 500.00 - Katherine Graham 169.00 - Amanda Faulkner 2,229.00 - Emma Mortimer 4,073.00 - Joanne Henderson 2,033.00 - King James’ School Food Vouchers 1,000.00 - Christina Hartley 439.00 - Tracy Atkinson 1,000.00 - Brigitte/Richard Lee Rogers - 758.00 Gemma Wood - 2,615.17 Sarah Teece - 665.00 Yvonne Watson - 312.63 Robert Goldsborough - 860.00 Dancing for Wellbeing - 2,300.00 The Samaritans - 5,000.00 Laura Lindsay - 1,800.00 Steve O’Brien - 100.00 Hannah Llewellyn - 3,500.00 Aspin Park WI - 367.90 Paul Thistlewhite - 100.00 Russell Lindsay - 100.00 Debbie Stocks - 4,350.53 Michala Dennis - 1,211.00 Kerry Daly - 449.00 Appleby Children’s Play Area - 1,000.00 Michael Middleton 2,171.63 2,095.41 James Rathbone - 3,000.00 |
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KNARESBOROUGH RELIEF IN NEED
NOTES TO INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2021
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NOTE 2021 2020
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| 2 | Charitable Distributions/Grants | ||
|---|---|---|---|
| Nigel Atha | 768.13 | 1,047.00 | |
| River of Life Trust Nativity Film | - | 750.00 | |
| Louise Hart | - | 2,045.00 | |
| Resurrected Bites | - | 1,500.00 | |
| Raymond Gladding | - | 2,200.00 | |
| Kaye Lawson | - | 202.25 | |
| Alfie Ross | - | 348.00 | |
| Wellspring Therapy | - | 1,000.00 | |
| Samantha Cunningham | - | 1,996.80 | |
| Claire Marshall | - | 500.00 | |
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| 30,345.46 | 42,673.69 | ||
| Pensions | |||
| 121 @ £40 Each (2020 0 @ £40) | 4,840.00 | - | |
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| TOTAL CHARITABLE CONTRIBUTIONS | £35,185.46 | 42,673.69 | |
| __ | __ | ||
| 3 | Administration | ||
| Accountants Fee | - | 60.00 | |
| Computer Use, Printing, Stationery | 247.82 | 104.00 | |
| Refreshments for Visitors | - | 21.25 | |
| ______ | ______ | ||
| £247.82 | 185.25 |
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| ______ | ______ |
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KNARESBOROUGH RELIEF IN NEED
BALANCE SHEET AS AT 31ST DECEMBER 2021 2021 2020 Capital Fund Balance 1st January 2021 337,648.74 337,648.74 _ _ Balance 31st December 2021 337,648.74 337,648.74 _ _ Income Fund Balance 1st January 2021 75,494.63 91,846.40 Add: Under/(Over) Distribution (9,236.17) (16351.77) _ _ Balance 31st December 2021 66,258.46 75,494.63 _ _ Capitalised Income Fund Transfer from Income Fund 179.50 179.50 _ _ TOTAL FUNDS £ 404,086.70 413,322.87 _ _ REPRESENTED BY:- Bank –HSBC Current Account 0.06 0.06 - HSBC Savings Account 0.01 0.01 - Barclays Current Account 14,911.24 24,201.72 - Yorkshire Bank Term Deposit 54,198.34 54,144.03 _ _ Net Current Assets 69,109.65 78,345.82 Investments 334,977.05 334,977.05 _ _ TOTAL ASSETS £ 404,086.70 413,322.87 _ _
............................................. CHAIRPERSON
Approved by the Trustees on ...........................
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KNARESBOROUGH RELIEF IN NEED
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS YEAR ENDED 31[ST] DECEMBER 2021
Respective Responsibilities of Trustees and Examiner
At the charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to our attention.
Basis of Independent Examiner’s Report
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
Independent Examiner’s Statement
In connection with our examination, no matter has come to our attention:
1) which gives us reasonable cause to believe that in any material respect the requirements
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To keep accounting records in accordance with section 41 of the Act; and
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To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
Have not been met; or
2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Darnbrough & Co Ltd Chartered Accountants 127 Monkswell Business Centre Manse Lane Knaresborough HG5 8NQ
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