# **Huddersfield Common Good Trust** Charity No: 231096 **Huddersfield Relief in Sickness Charities** Charity No: 223333 **Huddersfield Cinderella Society and E. Austen Johnson Trust Fund** Charity No: 224085 **Annual Report and Financial Statements For the year ended 31[st] March 2022** ## **Huddersfield Common Good Trust** ## **Huddersfield Relief in Sickness Charities** ## **Fifty Sixth Annual General Meeting** To be held at The Huddersfield Mission Lord Street Huddersfield HD1 1QA On Monday 10[th] October 2022 ## **A G E N D A** - 1 Appointment of Chair of the Meeting - 2 Apologies for absence - 3 Minutes of the Fifty Fifth Annual General Meeting - 4 Chairman’s Report - 5 Treasurer’s Report - 6 Adoption of Huddersfield Common Good Trust Accounts to 31[st] March 2022 - 7 Adoption of Huddersfield Relief in Sickness Charities Accounts to 31[st] - March 2022 - 8 Appointment of Independent Examiner - 9 Any Other Business - 10 Vote of thanks to the Chair of the Meeting **Huddersfield Common Good Trust** ## **Huddersfield Relief in Sickness Charities** **Huddersfield Cinderella Society and E. Austen Johnson Trust Fund** ## **Annual Report and Financial Statements** **For the year ended 31[st] March 2022** |**Contents**|**Page**|| |---|---|---| |Trustees and Advisors|1|| |Minutes of Fifty Fifth Annual General Meeting||2| |Precis of the Objects|5|| |Chairman’s Annual Report||6| |Accounting Policies||8| |Huddersfeld Common Good Trust||| |~
Financial Statements|9 - 12|| |Huddersfeld Relief in Sickness Charities||| |~
Financial Statements|13 - 16|| |Huddersfeld Cinderella Society and E Austen Johnson Trust Fund||| |~
Notice of Annual General Meeting, Management||| |Committee and Advisors||17| |~
Minutes of the 119th Annual General Meeting||18| |~
Financial Statements|20 - 22|| ## **Huddersfield Common Good Trust Huddersfield Relief in Sickness Charities** **Huddersfield Cinderella Society and E. Austen Johnson Trust Fund** ## **Trustees and Advisors** ## **For the year ended 31[st] March 2022** |**Trustees:**|V Javin
-|Chairman| |---|---|---| ||R Butterworth|| ||S Stott|| ||J Gof|| ||E Oldfeld|| ||S Hollingworth (appointed 14thJune|| |2021)||| |**Honorary Treasurer**:|P J H Hoyle, BSc., FCA|| |**Honorary Solicitor:**|J. M. Fryer, LL.B, LL.M|| ||Ramsden Street,|| ||Huddersfeld|| ||HD1 2TH|| |**Secretary:**|A Haigh|| ||c/o. The Huddersfeld Mission|| ||3-13 Lord Street,|Huddersfeld, HD1| |1QA||| ||www.hcgtrust.org.uk|| |**Independent Examiner:**|E J Holdroyd, MA, FCA|| ||The Cottage|| ||Bradley Villa Farm|| ||Bradley Road|| ||Fixby|| ||Huddersfeld|| ||HD2 2JX|| |**Investment Advisors:**|Investec Wealth & Investment|| |Ltd||| Page 1 ## **Huddersfield Common Good Trust** Charity No: 231096 ## **Huddersfield Relief in Sickness Charities** Charity No: 223333 Minutes of the Fifty Fifth Annual General Meeting held online on Monday 11th October 2021 ## 1 **Apologies for absence** R Butterworth. ## 2 **Minutes** The minutes of the Fifty Fourth Annual General Meeting had been circulated with the Agenda, Annual Report and Financial Statements. ## 3 **Chairman’s Report** This had been circulated with the Annual Report. ## 4 **Honorary Treasurers Report** . The Charities funds are invested in Stocks and Shares to provide income for distribution to local charitable groups. Today I am reporting on the year ending 31st March 2021. I can report that the total income received by all the associated charities has fallen significantly from the previous year to £52,350 (64,324) There were no legacies received in the year. The total grants paid out have decreased to £32,888 from £50,277. Applications for grants fell during the pandemic lockdown. Any income remaining at the end of the year gets carried forward to distribute in the future. The market value of all investments held at 31[st] March has risen to £1,653,839 from £1,386,955 last year with a rebound of confidence following the initial impact of the Coronavirus Pandemic. Looking at the individual charities, for the year The Common Good Trust had income of £30,132. After expenditure and grants this left a surplus of £4,768. There was a loss on disposal of investments of £3,984 which gives an overall surplus of £784, this has been added to the Fund which now stands at £774k. ## Page 2 The Relief in Sickness Charity had income of £21,350. After expenditure and grants this left a deficit of £2112. There was a surplus on the disposal of investments of £329 which leaves an overall deficit of £1,783 this has been deducted from the Capital which now stands at £546k. The market value of the investments held in all the Charities has risen to £1,654,000 It should be remembered that it is the income generated by the investments which is important to us. Last year, for the first time I can remember, the income projection had been severely afected with projected income falling by around 30% to £46,000. The income actually received exceeded this at £52,000. The estimate income for the current year is £56,000. The investments are held in Government Stocks and a well - balanced diversified range of blue chip investments. Our investment advisors feel we have a solid portfolio, which should maintain its capital value over the longer term, whilst the level of income should recover. The organisations that we support will also have sufered in this crisis and many will need financial help. I worry that the reduced income being generated this year may restrict the help we can give. I would like to thank Julian Holdroyd, who has carried out the task of Independent Examiner of the Charities accounts this year. ## **5 Secretary’s Report** The five meetings held during the year had been held on line or via e- mails to avoid face to face contact. Applications were down from previous years and funds available were able to satisfy the demand. We continue to have a good relation with our landlord here at the Mission. ## 6 **Appointment of Independent Examiner of Accounts** Mr Holdroyd was proposed to be the scrutineer of the annual accounts by Mr Hoyle and seconded by Ms Javin. ## Page 3 ## 7 **Any Other Business** Thanks were given for grants received by representatives of the following groups: - Holmfirth Bowling Club. Emley Cricket Club. Marsden Cricket Club. Huddersfield Rugby Union Club. Pakistan Association All the reports were proposed and accepted by the Trustees. ## Page 4 ## **Precis of Objects** ## **Huddersfield Common Good Trust** The objects pursued by the Trustees are to apply the income of the Trust monies for any charitable purposes directed wholly or mainly for the benefit of groups within the County Borough of Huddersfield or in the immediate neighbourhood thereof. ## **Huddersfield Relief in Sickness Charities** The objects pursued by the Trustees are to apply the income of the monies of the charities for any charitable purposes directed wholly or mainly for the benefit of groups, within the County Borough of Huddersfield or in the immediate neighbourhood thereof, whose members are sick, convalescent, disabled, handicapped or infirm, etc. ## **Huddersfield Cinderella Society and E. Austen Johnson Trust Fund** The objects pursued by the Officers are to brighten the lives and alleviate the conditions of the poor and neglected children, and also the adult poor (without regard to religious or political opinions), of Huddersfield and District in all such ways and by all such means as from time to time may be deemed necessary. ## **Statement of Trustees’ Responsibilities** Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of afairs of the charity at the end of the year and of its financial activities during the year then ended. 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 and statements of recommended practice 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 charity will continue in operation. The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities. ## Page 5 **Chairman’s Annual Report Of The Huddersfield Common Good Trust The Huddersfield Relief in Sickness Charities and The Huddersfield Cinderella Society and E Austen Johnson Trust Fund** ## **For the year ended 31[st] March 2022** For the Trust and its associated charities, the year has been one of milestones. The most notable was the decision of our secretary Tony Haigh to stand down after 25 years of work with the Trust. HCGT is run by a small group of volunteer trustees with the support of its secretary without which it would be impossible to deliver grant aid to voluntary organisations across our area. Tony has worked closely with many of those organisations providing a direct line of contact with those applying for grants in addition to working closely with our investment managers, Investec. We are immensely grateful to Tony for all his years of work managing our applications’ process and particularly for his decision to help see the charities through the challenges presented by the Covid 19 pandemic before stepping down. The Trust is delighted that Tony will continue to contribute to its work as he has agreed to stay with the charities in what for him is a new role, as a trustee. HCGT had been fortunate in being able to recruit a new secretary who shares her predecessor’s wide knowledge and understanding of the group’s work. Susan Stott is a Huddersfield-based accountant and has been a trustee for the HCGT and its associated charities for 27 years. Her long-standing commitment to the trust’s work and her background in accountancy has enabled a smooth handover and ofers stability for the future. We welcome Susan to her new role. For the trustees, the last year saw another milestone, our first in person meeting for more than two years. During the pandemic, trustees continued to work to secure and safeguard the charities’ funds for the future whilst addressing the needs of those organisations working in the local charitable and voluntary sector. Though trustees were unable to meet, grant-making decisions and consultations with our investment managers continued to be made using a combination of postal and electronic communications. Our other milestone moment came last summer when trustees were able to return to face to face meetings and greet newly appointed trustee Sandra Hollingworth in person for the first time. Page 6 During the year, the Trust has given £34,515 to 18 groups compared with a total of £32,888 given to a total of 16 groups during the previous year. It is clear that community and voluntary organisations have emerged from the difficulties faced over the past two years with renewed determination to improve their facilities and where possible widen their services to the communities they serve. Our biggest financial commitment during the year has been through grants given for refurbishment of a number of community venues seeking to improve and revitalise their premises with work being undertaken on buildings and also on outdoor spaces. The charities have also contributed towards new equipment for a variety of groups including sports and computer kit as well as helping charities which ofer support for families and children and for those facing health issues or social isolation particularly among the elderly. My thanks to the trustees for their continued support and dedication and for their willingness to manage a good deal of change in an open and positive way. Val Javin Chairman Page 7 ## **Huddersfield Common Good Trust** **Huddersfield Relief in Sickness Charities** **Huddersfield Cinderella Society and E. Austen Johnson Trust Fund** ## **Accounting Policies** **For the year ended 31[st] March 2022** The accounting policies used by each of the above Trusts in preparing the financial statements, which have been prepared under the Historical Cost Convention, are set out below. ## i) **Investments** Investments are stated at cost. Provision is made for any estimated permanent diminution in value. Profits/(Losses) on realisation of investments are dealt with in the Income and Expenditure Account. All investments are held in the name of Scarwood Nominees Limited. ## ii) ## **Income** Dividends, other income and legacies are included in the Income and Expenditure Account at their gross amount on a receipts basis. ## iii) ## **Grants** Grants are approved by the Trustees and included in the accounts on a cash paid basis. ||Page 8|| |---|---|---| ||**Huddersfeld Common Good Trust**|| ||**Income and Expenditure Account**|| ||**Year Ended 31 March 2022**|| |**2021**||**2022**| |£||£| ||**Income**|| |0|Gifts, Donations and Legacies|0| |30127|Investment Income (gross)|37441| |5|Bank Interest|3| |||**37444**
3000
470
0
103
216
5824
0
0
**9613**
**27831**
**23995**
**3836**
**15032**
**18868**
**2022**
£
77449
7
18868
0
79336
5| |---|---|---| ||**30132**
**Total Income**|| |||| ||**Expenditure**|| ||3000
Secretary's Salary|| ||470
Ofce / Meeting Room Costs|| ||
0
Independent Examiner's Fee|| ||71
Bank Charges|| ||314
Other|| ||5239
Commission Paid|| ||0
Legacies transferred to Capital|| ||0
Income tax deducted|| |||| ||**9094**
**Total Expenditure**|| |||| ||**21038**
**Available for Distribution**|| |||| ||**Charitable**
**Donations**|| ||**16270**
Grants per Schedule|| |||| ||**4768**
**Excess / (Defciency) of Income**|| |||| ||**(3984)**
Surplus / (Defcit) on Sale of Investments|| |||| |||| ||**784**
**Surplus / (Defcit) for the Year**|| |||| |||| |||| ||Page 9
**Huddersfeld Common Good Trust**|| |||| ||**Balance Sheet**|| |||| ||**As at 31 March 2022**|| ||**2021**|| ||£|| ||**Trust Capital**|| ||77371
3
Balance at 1 April
2021|| ||784
Surplus / (Defcit) for the Year|| ||
0
Legacies transferred to Capital|| ||77449
7
Balance at 31 March 2022|| |||| **----- Start of picture text -----**
77449 79336
7 5
Represented by
76273 77781
9 Investments at Cost 5
Market Value
2021 2022
£933,680 £990,915
Current Assets
11523 CAF Bank 15315
235 Prepayment 235
11758 15550
Current Liabilities
0 Sundry Accruals 0
77449 79336
7 5
Signed on behalf of the Trustees on 26 [th] September 2022
V Javin P J H Hoyle
Chairman Hon Treasurer
Page 10
**----- End of picture text -----**
## **Huddersfield Common Good Trust** ## **Schedule of Grants** **Year Ended 31 March 2022** ||£| |---|---| |Almondbury Methodist Church|5000| |Bradley Methodist Church|2000| |Denby Dale Village
Hall|5000| |---|---| |Greenhead Park Veterans Bowling Club|300| |Huddersfeld Astronomy Society|1000| |
Milnsbridge Village
Hall|4000| |Outlane Golf Club|500| |Ruddi's Retreat|1045| |Walking Cricket|150| |Wilshaw Village Hall|5000| ||| ||23995| ||| ||| |**Year Ended 31 March 2021**|| ||£| |Deighton Table Tennis|470| |Emley Cricket Club|2500| |Holmfrth Bowling
Club|1000| |Huddersfeld RUFC|3000| |
Marsden Cricket Club|2500| |Outlane Cricket Club|3000| |Pakistan Association|3000| |Primrose Hill Bowling Club|1300| |Slaithwaite Cricket
Club|2500| |St Paul's Church,
Dalton|1500| ||20770| ||| |Guide Cottage, Holme (returned)|(4500)| ||| ||16270| Page 11 ## **Independent Examiner’s report to the Trustees on the accounts of The Huddersfield Common Good Trust** ## **For the year ended 31[st] March 2022** I report on the accounts of the charity set out on pages 9 to 11. ## **Responsibilities and basis of report** As the charity’s Trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’) I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directives given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or - 2) the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. E J Holdroyd, MA, FCA 26[th] September 2022 Page 12 **Huddersfield Relief in Sickness** ## **Income and Expenditure Account** **Year Ended 31 March 2022** **2021** **2022** |£|£| |---|---| |**Income**|| ||| |21345
Investment Income (gross)|25409| |5
Bank Interest|2| ||| |**2135**
**0**
**Total Income**|**2541**
**1**| ||| |**Expenditure**|| |3000
Secretary's Salary|3000| |3775
Commission Paid|4186| |69
Bank Charges|101| |0
Income tax
deducted|0| ||| |**6844**
**Total Expenditure**|**7287**| ||| |**1450**
**6**
**Available for Distribution**|**1812**
**4**| ||| |**Charitable**
**Donations**|| |**1661**
**8**
Grants per Schedule|**1007**
**0**| ||| |**(2112**
**)**
**Excess / (Defciency) of Income**|**8054**| ||| |329
Surplus / (Defcit) on Sale of Investments|18402| ||| |**(1783**
**)**
**Surplus / (Defcit) for the Year**|**2645**
**6**| ||| ||| ||| Page 13 ## **Huddersfield Relief in Sickness** ## **Balance Sheet** ## **As at 31 March 2022** |**As at 31 March 2022**|**As at 31 March 2022**|**As at 31 March 2022**|**As at 31 March 2022**|| |---|---|---|---|---| |**2021**||||**2022**| |£||||£| |**Trust Capital**||||| |54791
6
Balance at 1 April
2021||||54613
3| |(1783)
Surplus / (Defcit) for the Year||||26456| |**5461**
**33**
**Balance at 31 March 2022**||||**5725**
**88**| |||||| |||||| |||||| |**Represented by**||||| |54081
3
Investments at Cost||||55924
7| ||Market Value|||| |||2021
2022||| |||£672,05
3
£711,821||| |||||| |**Current Assets**||||| |6820
CAF Bank||||13341| |||||| |**Current Liabilities**||||| |1500
Sundry Accruals||||0| |||||| |||||| |**5461**
**33**||||**5725**
**88**| Signed on behalf of the Trustees on 26[th] September 2022 |V Javin|P J H Hoyle| |---|---| |Chairma|| |n|Hon Treasurer| Page 14 ## **Huddersfield Relief in Sickness** ## **Schedule of Grants** £ ## **Year Ended 31 March 2022** |Birchenclife Scouts|2500| |---|---| |Hi-Tech Netball|1000| |Huddersfeld Mission|1750| |Kirkwood Hospice|1000| |Otters Water Polo|2500| |Shepley Methodist Church|1320| ||**1007**
**0**| |---|---| ||| ||| ||| ||| |**Year Ended 31 March**
**2021**|| ||| |Forget Me Not Trust|5000| |Huddersfeld Mission|1500| |MHA Huddersfeld|1200| |Shabang|3000| |St Lucius Church, Farnley Tyas|5000| |Talkthru|918| ||| ||**1661**
**8**| ||| ||| ||| ||| ||| Page 15 ## **Independent Examiner’s report to the Trustees on the accounts of** ## **The Huddersfield Relief in Sickness Charities** ## **For the year ended 31[st] March 2022** I report on the accounts of the charity set out on pages 13 to 15. ## **Responsibilities and basis of report** As the charity’s Trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’) I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directives given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 3) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or - 4) the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. E J Holdroyd, MA, FCA 26[th] September 2022 ## Page 16 **Huddersfield Cinderella Society and E. Austen Johnson Trust Fund** Charity No: 224085 **One Hundred and Twentieth Annual Report and Summary of Accounts** ## **For the year ended 31[st] March 2022** To be presented to the Annual General Meeting to be held at The Huddersfield Mission Lord Street Huddersfield HD1 1QA Monday 10[th] October 2022 **Chairman** V Javin **Honorary Treasurer** : P J H Hoyle, BSc., FCA **Honorary Solicitor:** J. M. Fryer, LL.B, LL.M Ramsden Street, Huddersfield HD1 2TH **Secretary:** A Haigh c/o. The Huddersfield Mission 3-13 Lord Street, Huddersfield, HD1 1QA www.hcgtrust.org.uk E J Holdroyd, MA, FCA **Independent Examiner:** The Cottage Bradley Villa Farm Bradley Road Fixby Huddersfield HD2 2JX **Investment Advisors:** Ltd Investec Wealth & Investment ## Page 17 ## **Huddersfield Cinderella Society and E. Austen Johnson Trust Fund** Charity No. 224085 Minutes of the Annual General Meeting held at the Mission on Monday 11th October 2021 Present: - Ms V Javin in the chair Mr P J H Hoyle Hon Treasurer Mr A Haigh Hon Secretary Ms J Gof Ms Stott Ms E Oldfield Mrs S Hollingworth Apologies: Mr R Butterworth ## Minutes The minutes of the Annual General Meeting held on the 12th October 2020 were read and accepted as correct, Proposed by Ms Gof and seconded by Ms Oldfield. ## Secretary’s Report I have pleasure in submitting this annual report on the work of the Society during the last financial year. Due to lack of suitable applicants, no grants were made during the year. The Society is grateful to the Huddersfield Common Good Trust for the management of its funds and execution of its administration. ## Treasurer’s Report For the year ending 31 March 2021 the fund has made a surplus of £575. There was no adjustment to the value of Investments this year. Investment income shown in the accounts is down on 2020 at £858. The only administration expense is commission paid which was similar to the previous year at £293. No grants were agreed in the year. The net surplus of £575 has been added to the Trust Capital which stands at £49,262. The value of the investment fell slightly from £49,199 to £48,106 and is all held I Government Stocks. The fund is in a healthy position. Page 18 Election of Officers Jacqui Gof proposed that the following serve for the coming year: - Miss V Javin Chairman Mr P Hoyle Hon Treasurer Mr A Haigh Hon Secretary Mr J M Fryer Hon Solicitor Seconded by Ms Stott and carried without dissent. Appointment of Independent Examiner Mr Hoyle thanked Mr Holdroyd for his work in scrutinising the accounts. The Chairman proposed and Mr Hoyle seconded that Mr J Holdroyd be the examiner for the next year Any Other Business None -------------------------- date ----------------------------------- Chairman ## Page 19 **Huddersfield Cinderella Society and E Austen Johnson Trust Fund Receipts and Payments Account Year Ended 31 March 2022** |**Huddersfeld Cinderella Society and**
**E AustenJohnson Trust Fund**
**Receipts and Payments Account**
**Year Ended 31 March 2022**|| |---|---| |**2021**|**2022**| |£|£| |**Income**|| |858
Investment Income (gross)|858| |10
Gifts,Donations and Legacies|10| |**868**
**Total Income**|**868**| |**Expenditure**|| |293
Commission Paid|285| |0
Legacies transferred to Capital|0| |**293**
**Total Expenditure**|**285**| |**575**
**Available for Distribution**|**583**| |**Charitable Donations**|| |**0**
Grantsper Schedule|**450**| |**575**
**Excess/ (Defciency) of Income**|**133**| |0
Adjustment to value of Investments|0| |**575**
**Surplus/ (Defcit) for the Year**|**133**| |Page 20|| |**Huddersfeld Cinderella Society and**|| |**E AustenJohnson Trust Fund**|| |**Balance Sheet**|| |**As at 31 March 2022**|| |**2021**|**2021**|**2021**|**2022**| |---|---|---|---| |£|||£| |**Trust Capital**|||| |48687
Balance at 1 April 2021|||49262| |575
Surplus / (Defcit) for the Year|||133| |
0
Legacies transferred to Capital|||0| |**4926**
**2**
**Balance at 31 March 2022**|||**4939**
**5**| |**Represented by**|||| |47520
**Investments at Cost**|||47520| ||Market Value||| ||2021
2022||| ||£48,106
£46,264||| |**Current Assets**|||| |1742
Barclays Bank|||1875| |**4926**
**2**|||**4939**
**5**| |Signed on behalf of the Trustees on 26thSeptember 2022|||| |V Javin
P J H Hoyle|||| |Chairman
Hon
Treasurer|||| |Page 21|||| **Huddersfield Cinderella Society and E Austen Johnson Trust Fund Schedule of Grants Year Ended 31 March 2022** |**Huddersfeld Cinderella Society and**
**E AustenJohnson Trust Fund**
**Schedule of Grants**
**Year Ended 31 March 2022**|| |---|---| ||£| |Holme ValleySharingMemories Group|450| ||**450**| **Year Ended 31 March 2021** £ **0** Page 22