LEEDS DIOCESE CHARITABLE SOCIETY TRUST
ANNUAL REPORT
AND
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
CHAAITY NUMBER .' 232081

ADMINISTrATIVE INFORMATION
DDRESS
CHURCH HOUSE
17-19 YORK PLACE
LEEDS
LS1 2EX
LEEDS DIOCESAN BOARD OF FINANCE
DEPENDENT
MINER
GEOFF PARK
CHIEF FINANCIAL OFFICER
LEEDS DIOCESAN BOARD OF FINANCE
BANK
SANTANDER
BOOTLE. MERSEYSIDE
INVEST
T KIANAGERS
CCLA INVESTMENT MANAGEMENT LTD
SENATOR HOUSE, 85 QUEEN VICTORIA STREET
LONDON, EC4V 4ET

BACKGROUND AND OBJECTIVES
The object ol the charity is lo apply the clear Income in r81i8ving the need among dergy, deaconesses and
licensed lay workers who are resident in or have served In the Dioce58 of Leeds and among person5 who
are dependent relakn'ves of any rnernbers of the cleTgy by making grants ol money.
Quallfying Persons
Clergy
Deaconesses
Licen58d lay workers
Dependent relative5 of dergy
ACTIVITIES DURING THE YEAR
The Leeds Diwe8e Charitable Sociaty Tru5t12320811 I'the Trusl'l gave gr8nts during the year In accordan
ith the purp05e5 of the Tru5Ys oty'e¢bves lo thè value of £21,20012022'. £4551.
Dividends and inter8sI received during the year arnounled to £30.78612022". £25,498) giving a surplus of
receipts over payments 01 £9,58612022.. £25,043).
Th8 investments 8howed an unrealised gain in the year of £70,08512022.. loss £98.0351.
Total funds al the end ol the year were £1,152,96312022." £1,073,0211
STRUCTURE. GOVERNANCE AND MANAGEMENT
The L8eds Diocesan Board of Finance ILDBFI is the managing trus188 of the Trust. During 2023 grant
applications w8re r8C8ived and reviewed by the Leeds Diocesan Board of Finance Hardship Committee, which
was mad8 up of Jonathan Wood (CEO LDBFI, Geoff Park ICFO LDBFI, R8vd Ra¢hel Firth (Leeds Board Membe
Chair ol the Diocese of Leeds House of Clergyl, The Venerable Peter Townley (Archdeacon p￿te1racti to
30 Septernber 2023 and The Venerable Paul Ayers (Archdeacon of Leeds) from 1 October 2023.
DECLARATION
The Tru$lees have approved th Trust888' report abciv8.
Signature
Full Name
Position
Date

INDEPENDENT EXAMINER'S REPORT
ON THE ACCOUNTS
LEEDS DIOCESE CHARITABLE SOCIETY TRUST
Registered charity number 232081
On accounts for the yèar ènded 3111212022
I r8POrt to the truste9s on my exarnlnation ol the accounts of the above charity Ilh9 Trusfi lor thè
year end8d 31st D9￿m￿￿r 2022 whl¢h aro set out on pag88 5 to 7.
R•spon$lbllltla8 and baBls of rnport
As the ch8riVs trustees, you are responslbl8 for Ihe preparation ol the accounts In ac¢ordanee with
the requ1￿ments ol th8 Charltles Act 2011 1.the Acri.
I report In res￿¢t ol my examination Df the Trusf8 accounts carrfed out under section 145 01 th8 2011
Act and in carryng out my 8X8rn1natlon, I hav8 followed all the ap￿leabl8 dir8ctions glven by tha
Charity Commlsslon under Sectlon 14515llbl of th8 Act.
depondènt axamlnevs statèment
I hav8 compl8ted my ex8minallon. l Confimi that no materi81 matters have come to my attantlon in
connection with tt)8 examinatlon whlch glve8 rrg eause lo be118v& that In, any rnat6rtal resp8Ct..
the accountlng record8 were not kept In 8ccordance wlth sadon 130 of the char￿e3 Act.. or
the accounts dld nol Mccord with Ihe accounlino rgeords., or
the accounts did not cornply with thè app5i¢ab18 r8qulrements con￿mIng the form and
content of accounts set out In the Charltles (Accounts and Report81 Rggulatlons 2008
other than any requirement that the aocounls giv8 a'true and fair, view ￿1¢h is not a
mattw considered as p8rt 01 an Independenl oxamSnalK)n.
I hav8 no concerns and have Come across no oth8r fflatters In conn8ctlon with the exarninalion lo
which attention should be drawn In this report in order io enabl8 a proper und8rstandlng of the
accounts to b& rgached.
Slgnaturg.
Ic)Ifl&l(L........
John Knox
Dir8Ctor ol Buslness PlannSro & Head of Prop8rty
Loeds DDcesan Board of Fin8nce

LEEDS DIOCESE CHARITABLE SOCIETY TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023
Total
Notes Endowment Funds
Total
Fund5
Fund$
2023
2022
In¢omlng r880ur¢8s
Donation6, legacies & slmllar Ineomlng
resourc89-
Investment Incom6
Grants from prior year not cashed
Gift from olh8r amalgamated chartlable
Trusts
Totsl In¢omlng resourcès
30,788
30.786
25,498
30,786
30.786
25,498
Resources expended
Charltable expendlture-
Grants payable.,
general
other 8XP8ndilur9
Total rosoureos axpgnded
21,200
21,200
455
21,200
21,200
455
Net Incomlng r980urc88 before
transfers
9,586
9.586
25,043
Not Incoming re50ttrcgs bgforg
dlsposals of investment aS5tst5
Galns and losses on r8valuallons And
Investment assets
9,586
9,586
25.043
70,086
98,035
Net m0￿M￿nt In funds
Total funds broughlforward at 1
J8nuary
79,672
79,672
-72,992
1,073,020 1,073,020 1.146,012
Total fund¥ ¢arrlgd forward at 31
D8¢ember
1,152,692 1,152,692 1.073,020

LEEDS DIOCESE CHARITABLE SOCIETY TRUST
BALANCE SHEET AS AT 31 DECEMBER 2023
Notes
2023
2022
Fixed asset5
Inve51tnenls
808,564
808,564
738,479
738,479
¢urT8nt a$$¢ls
Debtors
Cash al bank and In hand
344.128
344,128
334.541
334,541
344,128
334,541
Currgnt Llabllltles
Creditors
Net current a$s•ts
Total a5set$ less Current Ilatsllltle$
1,152,692
1,073,020
Total net assets
1,152.692
1,073.020
Capital and reserves
Endowment fund$
1,152,692
1,073,020
Total Res8rv85
1.152.692
1,073.020
The notes on Page 7 form part of these accounts.
Slgnad
Fvll Name
Posltlon
Oate

LEEDS DIOCESE CHARITABLE SOCIETY TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICY
Ba819 of accountlng
The financlal st8tements are prepared under tho hlstorlc eost convenllon as modifled by the revaluation
of inv8$tments In accordance wilh appllcable accounting standards and th6 St&tom9nl of Recomrnended
Practice for Charit18S.
Inv•strnents
Investsnents are stated at Bld Market Value. R981ised and Unreallsed g&insAos388 are reflerled In U)è
$tatotn9nt of Flnancial Acllvllles.
Re¥8Ne$
The Re5erv65 Pollcy s8ts iargetlr88 res8rves al 3 months of axwct8d 8xp8ndllure. Glven that grants arg
approved by the Trustees on an applicalon basis and would not ordlnarfly exca&d tha annual income of
clrca £31,000, fr66 r8$8rI88 ar8 s1gnifi￿n1IY above the requSred level.
2. INVESTMENT INCOME
2023
2022
Deposll Fund Interest
Dlvldends R8cglvgd
8,685
22,102
30,786
3,518
21,980
25,498
3. GRANTS
2023
2022
Grants
Chrfsttn88 Gifts to Clergy Wldows
21,2110
455
455
FIXED ASSET INVESTMENTS
2023
2022
Mark81 Valug al 1 January
Additions
Disposals
Nèt unr8alisad1108$llgaln
Marf(et Valu& at 31 Dacomber
738.478
836.514
98,035
738,479
Hlstorfcal cost 8131 Dec&mbor
No shar9s were bought or sold durSng the year
5. RESERVES
Ravenue
Capltal
Totsl
Balan¢0 al 1.1.2023
Galn I (Lossl for th8 year
Balance al 31.12.2023
603,860
469,160
1,073,020
539 246
1 152 692