Charity number.. 228031 The Wharfedale Foundation Report of the Trustees and Financial Statements for the year ended 31st December 2023 Directors’�and�Trustees’�Report�for�the�year�ended�31 Independent�Examiner’s�Report�to�the�Trustees The Wharfedale Foundation Directors. and Trustees. Report for the year ended 31, December 2023 The trustees present their report and independently examined financial statements for the year ended 31 December 2023. The accounts have been prepared in accordance with the accounting policies set out on pages 11-17 and comply with the Charities Act 2011 and the Charities SORP IFRS 1021. Reference and Administrative Details of the Charity. its Trustees and Advisors Charity name The Wharfedale Foundation CIO Charity registration number 228031 Registered office and principal operating address Flat 2. Pool House Main Street Pool in Wharfedale West Yorkshire L521 ILH Trustees lain Cloke Hannah Dobson Stewart Graham Ann Hindley to 1210912023 from 1211212023 to 0910412024 Uell Kennedy Nickie Prior Sajda Shah Jane Thompson Kaye Wilson Chair to 28111/2023 Treasurer from 2610312024 Vice-chair Secretary Rachel Boggs Bankers Unity Trust Bank plc Four Brindleyplace Birmingham Bl 2JB Virgin Money 21 Manchester Road Nelson BB9 9SD Independent examiner Nigel Wyatt BSC. FCA Wyatt & Co Chartered Accountants 125 Main St Garforth Leeds [525 IAF Page 3 of 18 ## Governing body ’s�governing� ## Organisational management ## Charitable objects and mission The�Trustees’�aim�is� - - - - ## Risk management - - ## Investment policy ## Grant-making policy ## Reserves policy The�Trustees’�policy�is ## Trustees’�expenses Foundation’s�funds�to�them�and�utilising�their�structures�to�manage�the�application�and�distribution� the�Foundation’s�histor - To�publicise�the�intention�to�spend�out�the�Foundation’s�capital�to�both�funding�support� - To�carry�out�two�funding�rounds�in�2024,�distributing�about�half�of�the�Foundation’s�capital� Foundation’s�capital. ## Statement of Trustees' Responsibilities The�Trustees�are�responsible�for�preparing�the�Trustees’�Report�and�the�financial�statements�in� - - - - - ���� ���� ## ’ The�charity’s�trustees�consider�that�an�audit�is�not�required�for�this�year� ## Basis�of�independent�examiner’s�statement required�in�an�audit,�and�consequently�no�opinion�is�given�as�to�whether�the�accounts�present�a�‘true� and�fair’ ## Independent�examiner’s�statement This�report,�including�my�statement,�has�been�prepared�for�and�only�for�the�charity’s�trustees�as�a� body.�My�work�has�been�undertaken�so�that�I�might�state�to�the�charity’s�trustees�those�matters�I�am� required�to�state�to�them�in�an�independent�examiner’s� the�charity’s�trustees�as�a�body�for�my�independent�examination�work,�for�this�report,�or�for�the� ���������� c u) x ru £ The Wharfedale Foundation Balance Sheet as at 31st December 2023 Note 2023 2022 Fixed Assets Investments 12 1.089.093 1,089,093 1.029,700 1,029,700 Current Assets Cash at Bank and in Hand Debtors.. Accounts receivable 17 3,619 8,863 12.482 14,287 8,863 23.150 14 Liabilities Creditors: Accounts payable amounts falling due within one year 13 2.013 17 Total current assets less current liabilities 10,469 23,133 Total net a55ets 15 1,099,562 1,052,833 Capital and Reserves Unrestricted Restricted 16 1,097,562 2,000 1,099.562 1,050,833 2,000 1,052,833 Approved by the board of trustees on 27thJut* 2024 and signed on its behalf by Uell Kennedy Trustee The notes on pages 12-18 form part of these accounts Page 11 of 18 )�(“Charities�SORP�(FRS�102)”)� - - - been�notified�of�the�executor’s�intention�to�make�a�distribu - time�is�not�recognised.�Refer�to�the�trustees’�annual�report�for�more� Principal accounting policies (continued) - - general�volunteer�time�is�not�recognised.�Refer�to�the�trustees’�annual�report�for�more� - particular�areas�of�the�Charity’s�work. - - - - Foundation’s Principal accounting policies (continued) The�majority�of�the�charity’s�income�is�classified�as�either�exempt�or�outside�of�the�scope�for�the� The Wharfedale Foundation Notes to the financial statements for the year end 31st December 2023 continued 2. Income from donations and legacies 2023 2022 Donations Return of corbtribution from Seedlings Foundation Legacies 587 18801 2.212 12931 2,212 3. Income from Investments 2023 2022 Income from UK listed investments 35.504 35.$04 35,504 35,504 4. Expenditure on raising funds 2023 2022 Bank service charge Management fees Miscellaneous Mobile phone Printing Sundry administration costs Website and IT 104 7,405 268 6,671 179 158 185 318 8,192 145 526 7,768 5. Expenditure on charitsble artivities 2023 2022 Grant funding activities Governance costs 38,979 704 39,683 34,172 1.040 35.212 6. Analysis of grant funding artivities 2023 2022 Grants awarded Less previous year grant refunded Less previous year grants awarded but not drawn down 38,979 34,172 38,979 34,172 Page 15 of 18 The Wharfedale Foundation Notes to the financial statements for the year end 31st December 2023 continued Filipino Leeds Community Sunshine & Smile5 Adira Conversation Club Leeds 2,500 2,500 2.500 1.250 2,500 1,500 1,500 2,1Y)O 2,489 2.500 500 Damasq St Lukes, Holbeck ACES Bridlington Bradford Cos Calm & Centred CIC LASS St Andrew's JFC Primetime YLN BEACON Bradford Bracken Bank & District CA Bradford Refugee Forum Getting Clean CIC Uniform Exchange Dewsbury & District League of Friendship Calderdale Valley of Sanctuary Sew Mindful Crafts CIC 240 2,500 2,(MJO 2.500 1.250 1,250 2,500 2,500 2,500 Total £ 38.979 7. Net incomellexpendlturel for the year Is stated after Chargin￿{credItIngj 2023 2022 Independent examinerfs fee 338 338 318 318 8. Analysis of governance costs 2023 2022 Professional fees Meeting room hire Trustees, expenses Other expenses 338 204 122 40 704 318 252 229 241 1.040 9. Analysis of staff costs, staff numbers, trustee rernuneration and expeTr5es There were no employees during 202312022= none). No trustee received remuneration for their services during the year12022= Enill. Three trustees received reimbursed expenses totalling £122 during the year12022'. three, £2291. 10. Related party transartions There were no related party transattions during the year. Page 16 of 18 The�charity’s�activities�fall�within�the�exemptions�afforded�by�the�provisions�of�the�Income�and� The Wharfedale Foundation Notes to the financial statements for the year end 31st December 2023 continued 16. Funds Net gainsl Balance {losse5) l January on 2023 Income Expenditure Investment Transfer Balance 31 December 2023 Year ended 31 December 2023 Unrestricted Funds General 1,050.833 35,211 {47.6351 59.393 1760 1,099,562 Restricted Funds YLN micro-grants 2,(KJO (2401 11,7601 Net gainsl Balan (losses) l January on 2022 Income Expenditure Investment Transfer Balance 31 December 2022 Year ended 31 December 2022 Unrestricted Funds General 1.192.405 37.716 {42.9801 1136.3081 1.050,833 Restrirted Funds YLN micro-grants 2.IXJO 2,(X)O 17. Cash and cash equivalents 2023 2022 Barclays Bank Unity Trust Bank Virgin Money Bank and cash in hand 917 10,430 2,939 14,287 3.524 95 3,619 18. Financial instruments 2023 2022 Carrying value of financial a55ets= Financial assets at fair value 1.089,093 1,029,7CKJ Page 18 of 18