KNARESBOROUGH RELIEF IN NEED ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 CONTENTS PAGE Legal & Administrative Details Trustees, Report Income & Expenditure Account Notes to Income & Expenditure Account Balance Sheet Independent Examiner's Report Darnbrough & Co Ltd Knaresborough Technology Park Manse Lane Knaresborough North Yorkshire HG5 8LF K667 20231JAD KNARESBOROUGH RELIEF IN NEED LEGAL AND ADMINISTRATIVE DETAILS The charity was set up as an amalgamalion of various smaller charities on 6th July 1991. Registered with the Charity Commission - number 226743. bl The Trustees Ms C Reid {Chairperson), Cllr C Willoughby, Mr l Avery, Mr M Dixon Rev G HinchGliffe, Mr J Smithells, Mrs M Clemmitt, Mrs J Hawkins istered Address 9 Netheredge Drive, Knaresborough, North Yorkshire, HG5 9DA. KNARESBOROUGH RELIEF IN NEED TRusfEES' REPORT YEAR ENDED 31ST DECEMBER 2023 Ob'ectives The trustees are empowered to firstly cover oul 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 dislress by making grants of money. or providing or paying for ilems. servi￿5 or facilities calculated to reduce the need, hardship or distress of such persons. Review for the Year Ended 31st December 2023 The over distribution for the year amounts to £1,495.03 and this has been deducted from the income fund carried forward. Valuation of Charit 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 Charilies Investment Fund Income units has a value at 31SI December 2023 of £954,076 compared to a book cosl of £337,648.74. ststement of Trustee's Res onsibilities The trustees are required lo prepare financial statements for each financial year which give a true and fair view of the stale 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.. select suitable accounting policies and then apply them consislently make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements", prepare the financial statements on the going concem 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 ltte Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. KNARESBOROUGH RELIEF IN NEED INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2023 NOTE 2023 2022 Income Dividends 26,192.03 26,091.06 Bank Interest 764.42 136.40 Rents 540.00 315.00 27,496.45 26,542.46 Less: Ex enditure Charitable Dislributions 28,308.05 32,025.55 Adminislralion 683.43 296.39 28,991.48 32,321.94 UNDERI OVER DISTRIBUTION IN YEAR £11,495.03) {5,779.48) KNARESBOROUGH RELIEF IN NEED NOTES TO INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2023 NOTE 2023 2022 DIVIDEND INCOME Charities Official Investment Fund Quarter Ended 31.12.22 6.600.90 6,499.93 Quarter Ended 31.03.23 6.499.93 6.499.93 Quarter Ended 30.06.23 6,499.93 6,499.93 Quarter Ended 30.09.23 6.591.27 6,591.27 TOTAL DIVIDEND INCOME £26,192.03 26,091 06 KNARESBOROUGH RELIEF IN NEED NOTES TO INCOME & EXPENDITURE ACCOUNT YEAR ENDEO 31ST DECEMBER 2023 NOTE 2023 2022 Charitable DistributionslGrants Friendship & Leisure {Food Parcels} River of Life Trust River of Life trust- grant repaid Jane O'Brien Sam Hinchcliffe Alison Morgan Lucy Watson c Chapel of Our Lady of the Crag Trust Charlotte McEvoy Vikki Maynard Samantha Cunningham Lucy Harper Amanda North-shaw Vicky Gill Ecalerina Mclntyre Georgina Petrie Claire Jewells Jacob King Aleksandra Nieweglowska Ovidiu Buzamurga (New People Together) Kirsty Williams St John's PTA Harrogate & Knaresborough Toy Library Claire Marshall Dawn Kilvington Amanda Agnew Clare Vickers Meadowside School Fund St Mary's School Laura Anderson Resurrected Bites Chelsea Harris Clare Carr Kate Hodges Yorkshire Yoga Rebecca McKenna Sarah Simpson c Knaresborough Connectors Betty Jackson Elisha Eady 750.00 200.00 {1,000.001 550.00 1,391.79 1,000.00 2.686.50 300.00 1,218.Q4 2,000.00 1.228.06 1,413.00 921.50 400.00 1,891.91 1,114.00 606.00 650.00 200.00 782.00 2,459.75 250.00 500.00 500.00 1,500.00 790.00 2,000.00 1,964.00 1,265.25 420.00 405.00 1,775.00 1,000.00 1,915.00 2,099.99 2,500.00 805.00 750.00 445 00 1348.81 2,115 00 1,500.00 250.00 KNARESBOROUGH RELIEF IN NEED NOTES TO INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2023 NOTE 2023 2022 Charitsble DistributionslGrants Christina Hartley Tracy Atkinson Michael Middleton 1,600.00 1,000.00 1,553.00 23,548.05 27,465.55 Pensions 119 @ £40 Each12022 114 @ £401 4,760.00 4,560.00 TOTAL CHARITABLE CONTRIBUTIONS £28,308 05 32,025.55 Administration Accountants Fee Computer Use, Pnnting, Stationery HSBC Balances Purchase of laptops Retirement Gift 6000 205 47 0.07 417.89 120.00 146.39 30.00 £683.43 296.39 KNARESBOROUGH RELIEF IN NEED BALANCE SHEET AS AT 31ST DECEMBER 2023 2023 2022 Ca ital Fund Balance 1 st January 2023 337,648.74 337,648.74 Balance 31st December 2023 337,648.74 337,648.74 Income Fund Balance 1 st January 2023 Add. Underl{Over} Distribution 60,478.98 66,258.46 (1,495.03) (5,779.48) Balan￿ 31st December 2023 58,983.95 60,478.98 Ca italised Income Fund Transfer from Income Fund 179.50 179.50 TOTAL FUNDS £ 396,812.19 398,307.22 REPRESENTED BY:. Bank-HSBG Current Account HSBC Savings Account Barclays Current Account Virgin Money Bank Term Deposit 0.00 0.06 0.00 0.01 26,735.98 8,995.36 35,099.16 54.334.74 Net Current Assets 61,835.14 69,109.65 Investments 334,977.05 334,977.05 TOTAL ASSETS £ 396,812.19 398,307.22 CHAIRPERSON Approved by the Trustees on KNARESBOROUGH RELIEF IN NEED INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS YEAR ENDED 31ST DECEMBER 2023 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 43121 of the Charities Act 1993 (the Act) does not apply. It is our responsibility to slate, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43{7)Ib} 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 Ltnusual 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 exarnination. no matter has come to our attenb'on.. 1) which gives us reasonable cause to believe that in any material respect the requirements To keep accounting records in accordance with section 41 of the Act., and To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act Have not been met., or 21 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 Knaresborough Technology Park Manse Lane Knaresborough HG5 8LF