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2020-12-31-accounts

Registered Charity No. 227228

Yorkshire Band of Hope Union

UNAUDITED FINANCIAL STATEMENTS

for the year ended 31 December 2020

Yorkshire Band of Hope Union TRUSTEES AND PRINCIPAL ADVISORS

PRESIDENT: Alan Toon
CHAIR OF TRUSTEES: Alan Richards
VICE-CHAIR: Kathleen Pine
TRUSTEES: Joan Forrester
Kathleen Pine
Alan Richards
Helen Shackleton
Alan Toon
Gecil William
Kim Willis
PRINCIPAL OFFICE: St. James Church & Parish Centre,
St. James Way
Huddersfield,
HD5 9NG.
BANKERS: HSBC Plc
PO Box 105
33 Park Row
Leeds
LS1 1LD
INVESTMENT MANAGERS: Fusion Wealth Limited
Holmwood House
Broadlands Business Campus
Langhurstwood Road
Horsham
RH12 4QP
INDEPENDENT EXAMINER: Ian Milner FCA
Chartered Accountant
2 Langthorne Court
Leeds
LS27 9DR

Page 1

Yorkshire Band of Hope Union TRUSTEES’ REPORT

The trustees submit their report and the financial statements of Yorkshire Band of Hope Union for the year ended 31 December 2020.

OBJECTIVES AND ACTIVITIES

The objectives, set out in the Constitution, are to promote total abstinence from alcohol, tobacco and illegal drugs and to help children that live and are educated in Yorkshire in particular, but not exclusively, make healthy life choices through the following activities:

When planning activities for the year, the trustees have considered Charity Commission’s guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

During the year we have been involved in raising the awareness of dangers of alcohol, tobacco and illegal drugs to:

Schools.

Community Events

Overall, 590 pupils were reached across 3 schools. Unfortunately, due to the COVID-19 pandemic, lessons which had previously been booked had to be cancelled. In March we would have had 4 primary schools booked in addition to a parent’s session where we would have taught a further 23 lessons and 612 pupils.

One high school with 2 sessions and 5 pupils also cancelled, together with an Easter holiday club.

We would have had further bookings in our regular schools and had other meetings planned with schools and clubs to discuss our work.

At the beginning of the year we were able to attend in person at several events and training sessions in Kirklees and Leeds, and one in Rochdale with other health professionals. Later in the year we attended events using video calls; overall we were successful in engaging with over 300 adults.

Page 2

Yorkshire Band of Hope Union TRUSTEES’ REPORT

The staff were placed on furlough for nearly six months from the end of April 2020. The last two months of the year our staff have been developing online learning courses and lessons for schools to access via our website.

FINANCIAL REVIEW

The general fund amounted to £685,378 at 31 December 2020 (2019: £637,628). The Trustees consider the level of funds to be prudent having regard to the charity’s anticipated future requirements.

A portfolio of stock market investments is held and professionally managed with the primary purpose of generating both capital growth over the longer term and a regular income stream of modest amount to fund day to day expenditure.

At the balance sheet date, the market value of the managed investments amounted to £613,643 (2019£570,532). Investments are recorded in the balance sheet at cost and hence, unrealised gains or losses are not recognised in the Receipts and Payments Account.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is a non- corporate registered charity (number 227228), operated according to its constitution, which was adopted as revised in 1950, and amended 13 March 1971.

Alterations to the constitution can only be made by a majority of members present at the AGM. The Motion, with the terms of the proposed alteration, must be with the executive at least four weeks prior to the AGM.

The charity is under the day to day control of the Trustees who are elected each year from the charities personal membership at the Annual General Meeting (AGM). The Trustees meet at least four times a year on dates determined by the Trustees. At the first meeting after the AGM, the Trustees appoint the Chair and Vice Chair.

The Annual Report and Accounts for the year are approved at the AGM, together with any other business that is considered necessary.

Special Meetings may be called by the elected trustees at the request of any member. Notice of meetings stating the business to be considered shall be sent to all trustees at least two weeks prior to the date of the meeting. Four Trustees are required to form a quorum.

The trustees agree the broad strategy for the trust, including consideration of investment, reserves and risk management policies and performance.

The induction process for any newly appointed trustee comprises an initial meeting with the Chair and the Board, followed by a series of short meetings with the chair on investments, and the powers and responsibilities of the trustee board. The welcome pack includes a brief history of the Trust, copies of relevant Board minutes, a copy of the latest annual reports and accounts, a copy of the governing constitution and a copy of the Charity Commission’s guidance ‘The essential Trustee: What you need to know’.

RISK

The major risks to which the charity is exposed as identified by the trustees have been reviewed and systems have been established to manage those risks.

Page 3

Yorkshire Band of Hope Union

TRUSTEES’ REPORT

TRUSTEES AND PRINCIPAL OFFICE

The principal office of the charity is St. James Church & Parish Centre, St. James Way, Huddersfield, HD5 9NG.

The trustees who served during the year are as follows:

Joan Forrester Kathleen Pine Joan McQuillan (retired 19 November 2020) Alan Richards Helen Shackleton Alan Toon Gecil William Kim Willis

The Trustee report was approved by the Trustees on 12 June 2021

Alan Richards: Chair of Trustees

Page 4

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE YORKSHIRE BAND OF HOPE UNION

I report on the financial statements of Yorkshire Band of Hope Union for the year ended 31 December 2020, which are set out on pages 6 to 11.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

BASIS OF INDEPENDENT EXAMINER’S REPORT

My 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, 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 no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINERS STATEMENTS

In connection with my examination, no matter has come to my attention:

have not been met; or

Ian Milner

Chartered Accountant 2 Langthorne Court Morley Leeds LS27 9DR

12 June 2021

Page 5

Yorkshire Band of Hope Union RECEIPTS AND PAYMENTS ACCOUNT for the year ended 31 December 2020

INCOME AND ENDOWMENTS FROM:
Charitable activities
Investments
TOTAL INCOME
EXPENDITURE ON:
Charitable activities
Other
TOTAL RESOURCES EXPENDED
NET INCOME/(EXPENDITURE)
BROUGHT FORWARD 1 JANUARY 2020
CARRIED FORWARD 31 DECEMBER 2020
2020
£
3,106
86,463
89,569
26,349
15,470
41,819
47,750
637,628
685,378
2019
£
3,347
11,950
15,297
44,087
19,482
63,569
(48,272)
685,900
2019
£
3,347
11,950
15,297
44,087
19,482
63,569
637,628

Page 6

Yorkshire Band of Hope Union STATEMENT OF ASSETS AND LIABILITIES As at 31 December 2020

FIXED ASSETS
Tangible fixed assets
Investments
CURRENT ASSETS
Cash at bank and in hand
NET CURRENT ASSETS
NET ASSETS
FUNDS OF THE CHARITY
UNRESTRICTED FUNDS
2020
£
745
615,562
616,307
69,071
95,807
685,378
685,378
2019
£
681
541,140
541,821
95,807
95,807
637,628
637,628

The financial statements on pages 6 to 12 were approved by the board of trustees and authorised for issue on 12 June 2021 and are signed on its behalf by:

A Richards: Chair of Trustees

K Pine:

Vice-chair

Page 7

Yorkshire Band of Hope Union ACCOUNTING POLICIES

BASIS OF ACCOUNTING

The financial statements have been prepared on the receipts and payments basis.

FUNDS ACCOUNTING

During the financial year ended 31 December 2020, the charity did not have any designated or endowment funds. Funds held at the year-end are unrestricted and may be spent on any legitimate charitable aim as laid down in the charity’s constitution.

INCOMING RESOURCES

All incoming resources are included in the receipts and payments account when received. This means that legacies and donations are accounted for on receipt of the funds, regardless of the date on which the Trust became entitled to receive them.

Donations in kind, where material, are included in the accounts at market value as estimated by the Trustees.

RESOURCES EXPENDED

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services. Resources expended are allocated by reference to the nature of the cost.

Other costs include day to day administration costs and those costs associated with meeting the constitutional and statutory requirements of the charity, including independent examination fees and costs linked to the strategic management of the charity.

The Constitution provides for the payment of Trustee travel expenses from the funds of the charity.

INVESTMENTS

Listed investments are shown at cost at the balance sheet date. Other investments are recorded at deemed cost as at 1 January 2014.

Page 8

Yorkshire Band of Hope Union NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020

1.
INCOME FROM CHARITABLE ACTIVITIES
Sale of literature and school and church donations
Other donations
Community cohesion grant
2.
INVESTMENT INCOME
Bank and other interest
HSBC Dividends
Net gains on investments
Other Investment income
3.
CHARITABLE EXPENDITURE
BREAKING THE CYCLE
Salaries and National Insurance
Less: Job retention scheme grants
Pension costs
Travel expenses
Printing and stationery
Sundry expenses
Depreciation of assets
2020
£
910
1,696
500
3,106
2020
£
70
-
82,650
3,743
86,463
2020
£
39,616
(15,423)
602
269
142
89
1,054
26,349
2019
£
2,801
546
-
3,347
2019
£
177
2,558
5,635
3,580
11,950
2019
£
40,012
-
557
1,094
634
1,272
518
44,087

Page 9

Yorkshire Band of Hope Union NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020

4.
OTHER EXPENDITURE
Office rent
Office rates
Office insurance
Office electricity
AGTS Hall repairs
AGTS Hall insurance
Hall hire
Telephone, broadband and IT Support
Repairs and renewals
Training fees
Independent Examination/Audit fees
Legal and professional fees
Investment management fees
5.
TANGIBLE FIXED ASSETS
COST
Brought forward 1 January 2020
Additions
Carried forward 31 December 2020
DEPRECIATION
Brought forward 1 January 2020
For the year
Carried forward 31 December 2020
NET BOOK VALUE
At 31 December 2020
At 31 December 2019
2020
2019
£
£
2,700
4,500
-
322
985
982
-
61
-
-
-
482
-
175
1,007
873
53
264
572
48
825
825
1,236
3,366
8,092
7,584
15,470
19,482
Plant and
equipment
£
10,308
1,119
11,427
9,626
1,056
10,682
745
682
2019
£
4,500
322
982
61
-
482
175
873
264
48
825
3,366
7,584
19,482
11,427
9,626
1,056
10,682
745
682

Page 10

Yorkshire Band of Hope Union NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2020

6.
INVESTMENTS
DEEMED COST
Lloyds Bank Plc Ordinary 10p shares
COIF units
HSBC $0.50 Ordinary shares
MANAGED FUNDS AT COST
Brought forward 1 January 2020
Additions
Disposals
Cost of investments
Dealing bank account
Carried forward 31 December 2020
TOTAL INVESTMENTS
The market value of managed funds (including
bank balances) at 31 December 2020 was
£613,643 (2019- £570,532).
7.
CREDITORS
Unpaid liabilities as at 31 December 2020
comprised:
Other taxes and social security
Independent examination fees
8.
PENSION SCHEME
2020
£
1,061
3,034
39,322
43,417
486,675
490,614
(415,711)
561,578
10,567
572,145
615,562
2020
£
527
860
1,387
2019
£
1,061
3,034
39,322
43,417
499,786
67,346
(80,457)
486,675
11,048
497,723
541,140
2019
£
688
825
1,513

The charity contributes to a pension scheme, the assets of which are separately held from those of the charity in an independently administered fund.

Page 11