KNARESBOROUGH RELIEF IN NEED ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024 CONTENTS PAGE Legal & Administrative Details Trustees, Report Income & Expenditure Account Notes to Income & Expenditure Account Balan Sheet Independent Examiner's Report Darnbrough & Co Ltd Knaresborough Technology Park Manse Lane Knaresborough North Yorkshire HG5 8LF K667 20241JAD
KNARESBOROUGH RELIEF IN NEED LEGAL AND ADMINISTRATIVE DETAILS The charity was set up as an aMaamation ofvarious smaller charities on 6th July 1991. Registered with the Charity Commission - number 226743. b) The Trustees Ms C Reid {Chairpersonl, Cllr C Willoughby, Mr l Avery, Mr M Dixon Rev G Hinchcliffe. Mr J Smithells, Mrs M Clemmitt. Mrs J Hawkins Re istered Address 9 Netheredge Drive, Knaresborough. North Yofkshire. HG5 9DA.
KNARESBOROUGH RELIEF IN NEED TRUSTEES, REPORT YEAR ENDED 31ST DECEMBER 2024 Ob'ectives The trustees are empowered to firstly cover out of income, the cost of repair and insuran 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, serViS or facilities calculated to reduce the need, hardship or distress of such persons. Review for the Year Ended 31st December 2024 The over distribution for the year amounts to £2,561.65 and this has been deducted from the income fund carried forward. Valuation of Chari Investments The charity owns 2.34 acres of land al 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 315t Dember 2024 of £975.629 compared to a book cost of £337,648.74. Statement of Trustee's Res onsibilities 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.. select suitable accounting policies and then apply them consistently 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 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.
KNARESBOROUGH RELIEF IN NEED INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2024 NOTE 2024 2023 Income Dividends 26,557.43 26.192.03 Bank Interest 677.21 764.42 Rents t 540.00 540.00 27,774.64 27,496.45 Less: Ex enditure Charitable Distributions 29,898.40 28,308.05 Administration 437.89 683.43 30,336.29 28,991.48 UNDERI OVER DISTRIBUTION IN YEAR £(2,561.65) (1,495.03)
KNARESBOROUGH RELIEF IN NEED NOTES TO INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2024 NOTE 2024 2023 DIVIDEND INCOME Charities Official Investment Fund Quarter Ended 31.12.23 6,600.90 6,600.90 Quarter Ended 31.03.24 6,600.90 6,499.93 Quarter Ended 30.06.24 6,600.90 6,499.93 Quarter Ended 30.09.24 6,754.73 6,591.27 TOTAL DIVIDEND INCOME £26.557.43 26,192.03
KNARESBOROUGH RELIEF IN NEED NOTES TO INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2024 NOTE 2024 2023 Charitable DistributionslGrants Friendship & Leisu (Food Partsls) River of Life Tfust River of Life trust - grant repaid 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 Harfis Clare Carr Kate Hodges Yorkshire Yoga Rebecca McKenna Sarah Simpson Knaresborough Connectors Betty Jackson Sophie Anderson Chain Lane Community Hub Lucy Watson Vicky Lynn Maynard Stephen Chatten Paula Homes St Michael's Hospice Community Land Trust Elevate Multi Academy Trust Steven Rogerson Inspire Youth Gary Goddard 750.00 750.00 200.00 (1,000.00} 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 1,348.81 2,115.00 1,000.00 300.00 44.49 1,680.09 6,555.02 151.00 1,850.00 290.00 674.00 928.00 1,761.02 136.00 3,077.98 4,750.00 1,670.80
KNARESBOROUGH RELIEF IN NEED NOTES TO INCOME & EXPENDITURE ACCOUNT YEAR ENDED 31ST DECEMBER 2024 NOTE 2024 2023 Charitable DistributionslGrants 25,618.40 23,548.05 Pensions 107 @ £40 Each (2023 119 @ £40) 4,280.00 4,760.00 TOTAL CHARITABLE CONTRIBUTIONS £29.898.40 28,308.05 Administration Accountants Fee Computer Use, Printing, Stationery HSBC Balances Purchase of laptops Sofvare 60.00 297.90 60.00 205.47 0.07 417.89 79.99 £437.89 683.43
KNARESBOROUGH RELIEF IN NEED BALANCE SHEET AS AT 31ST DECEMBER 2024 2024 2023 Ca ital Fund Balan 1st January 2024 337,648.74 337,648.74 Balance 31 st Dember 2024 337,648.74 337,648.74 Income Fund Balance 1st January 2024 Add: Underllover) Distribution 58,983.95 60,478.98 (2,561.65) (1,495.03) Balan 31st Dernber 2024 56,422.30 58,983.95 italised Income Fund Transfer from Income Fund 179.50 179.50 TOTAL FUNDS £ 394,250.54 396,812.19 REPRESENTED BY:_ Bank-Barclays CLJrrent Account - Virgin Money Bank Tem Deposrt 39,273.49 26,735.98 20,000.00 35,099.16 Net Current Assets 59,273.49 61.835.14 Investments 334.977.05 334.977.05 TOTAL ASSETS £ 394.250.54 396,812.19 CHAIRPERSON Approved by the Trustees on
KNARESBOROUGH RELIEF IN NEED INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS YEAR ENDED 31ST DECEMBER 2024 Respective Responsibilities of Trustees and Examiner At the charily's trustees you are responsible for the preparation of the accounts., you consider that the audit requirement of section 43{21 of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of prOdureS 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 eviden that would be required in an audil, 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 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 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 Knaresborough Technology Park Manse Lane Knaresborough HG5 8LF