LEEDS DIOCESE CHARITABLE SOCIETY TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024 CHARITY NUMBER '. 232081
ADMINISTRATIVÈ INFORMATION DDRE CHURCH HOUSE 17-19 YORK PLACE LEEDS LS12EX STEE LEEDS DIOGESAN BOARD OF FINANCE NDEP NDE GEOFF PARK CHIEF FINANCIAL OFFICER LEEDS DIOCÉSAN BOARD OF FINANCE BANK SANTANDER BOOTLE, MERSEYSIDE IN ENT ERS CCLA INVESTMENT MANAGEMENT LTD SENATOR HOUSE. 85 QUEEN VICTORIA STREET LONOON, EC4V 4ET
BACKGROUNDAND OWECTIVES The object oftha charfty Is lo appty th8 clegr Sne4)me in r61ievlng th& need arnong ctergy, deacone5$95 and licensed lay workers who are resident in or have 59rvod In the D¢0$9 of Leeds and among pgr50ns who ara dep8ndenl ielallv65 of any Momr$ of the ¢ler9y by maklno grants of momy. Qualifylng Persons Clergy Deacone558S Lken88d lay W0er$ Dopand6nt relalve$ Df clergy ACTMTIES L)URING THE YEAR The Leeds Diocese Charilabb SocEty Trusl12320811 I'lha Tru51'1 gav? grants durfng tha year In occordanco wh the purpo$a$ of the TNyVs owectives lo the valuo of£15,48412023.. £21.2001. Dlvk1end$ and inleio$1 r8celv8d durlng th8 year amourtad to £37.64912023.. £30,786> gmng a surplus of rec8lpts over payments of £22,185 (2023.. £9,5861. Thg Investments Showed On unreallsed oaln In the year of £18,50712023.' galn £70.085). Total funds at tha end ofiho year were £1.193,36412023.. £1,IS2,9621 STRUCTURE, OOVERNANCEAND MANAGEMENT The Leeds DiwA5an Board of Flnance ILDBFI 1$ Ihe managlng tNstee of the Trust. During 2024 grant 8ppllcallon$ We eNed aThJ r&eWed by thè La8d8 Dbcg$8n Board of Flnance Hardshlp Commlttee. Commttl88 members.. Jonathan Wood- CEO- Le8dy Dloce8an Board al Finance Geoff Park- CFO- Leeds Oloce8an Boartl of Finance Revd Ra¢ho1 Flrth- Leeds Board M8mber- Chalr ofthe Dlocese of Lee(Lq Hou8e DI Clergy MallhewAmbfer- L8ed8 Board Member- Chair of the Dl¢)rese House of Larty The V8n8rable Paul Ayars- Ar¢hda8¢on of L8¢ds DECLARATION The Tru¥teas have apwoved Ihe rustees report above. Signatur6 Ful Name Po8Nlon Dot8
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS LEEDS DIOCESE CHARITABLE SOCIETY TRUST Rtyl$tor8d ¢harlty number 232081 On 8¢counts forth8 ygar ended 3111212024 I report to the liustees on my examinallon of the accounts of the above chthty I'th¢ TTu8fi f)r Iha yèar ended 31st December2024whl¢l ar8 Sel out on pages 5 te 7. R8sponslbilltlo¥ and basis of report As Ihe charity's trustotrs, you are 1o$pon5ible for tha preparation of thg acceunts In occortlancowlth tlw requirenwnl$ of the Charitias A¢t 20111.lhe Act'l. l ieport In r88pecl of my examinBlion of the Tru8t's accounts ¢arrlad out utM1er secllon 145 of the 2011 Act and In carrying out my examination. I have follow8d 811 the applicable direcon5 gnien by the Charty Comm188ion und8r section 14q5llbl of th8 AGI. Indèpend8ntex8mlnerf$ $¢atom8nt I have Completed my axaminatlon. l ¢onfirm that ntr material malters have ¢ome10 my aitention In conn8Ction wllh the 8xamin&tion whieh glvgs me ¢au$e lo believe that in. any m8lerkg1 respect.. the %c4untlng record$ ware not kept in accordance wlth section 130 of th? Charities Act,. or the ounts dkl not 8c¢erd with th8 accountlng records,. or thè accounts dld nol comply with th8 applirAbl& requlremenls con¢emSng the form and content of accoun18 8el out In the Charill8s lkn¢ounts and Reports) Regu181ion$ 2008 oth81 than any requlremenl that the o¢¢ounls glve a'lrue and lalrf ¥18wwhlch 15 not maller ¢onsideted as part of an lThJ8pendenl examlnalion. I h8ve no Con3 and havo come acr05$ no other m¥tt8r8 in connection wtth thg examlnalloThlo whlch altenlion Should be drawn In Ihls report In orderto enable a pr9r uthr518nding olthe a¢¢ounts lo be tegched. Slgnatur8.......-. Geoff Park Ghk9f Financ8 Offlcer Leeds 0en Board of Flnane
LEEDS DIOCESE CHARITABLE SOCIETY TRUST STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2024 Total Note8 Endowrnent Funds Total Funds Fund¥ 2024 2023 Incomlng M80ur¢o¥ Donab"tsns, le98oe8 & Slmilar Incomlng resources~ Invéstrnènl Sncome Total Incomlng r080ureg8 37,649 37,649 37,649 37,649 30,786 30,786 Rosourcos OXP0nd*d Ch8rtsbl& expenditure- Grants Pay8bl8'. g8nèral Totsl rèsou9 expended 15,484 15.d84 15,484 15,484 21,200 21,200 Nat In¢omin9 resouri£s balore Iransfars 22,165 22,166 9.586 Net Incomlng r080ur¢8s before di$p05als of Invesbn6nt assets Gains and losses on valUatiOnS and Instrnenl a5seis 22,165 22.16S 9,586 18.507 Net movamènt In tund8 Totsl fund5 brought forward al 1 January 40,872 40,672 79,672 1,152,692 1.152,692 1,073.020 Total funds e8rrl•d forw4rd at 31 Dec8mb#r 1,193,364 1.193,364 1.152.692
LEEDS DIOCESE CHARITABLE socIErY TRUST BALANCE SHEET AS AT 31 DE¢EM8ER 2024 Nots$ 2024 2023 Flxoil assots Investments 827.071 827.071 806,564 808,564 Current a#*•ts Debtors Cash at bank and in hand 386,293 J66.293 344.128 344,128 366,293 344,128 Current Llabllltle8 credr5 Net current assets Total as$?ts 18s8 current Ilabllit10$ 1,193,364 1,152,692 Totsl not a$89ts 1.193,364 1.152.692 Capltal and rg#èrv•s Endowmentfunds 1.193,364 1,152,692 Total Re8orvg8 1.193.364 1,152.692 The note8 on P400 7 fonn part of thes8 accounts. Sign•d Full Name Posltion Dat
LEEDS DIOCESE CHARITABLE SOCIETY TRUST NOTES ro THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 DECEMBER.2024 ACCOUNTING POLICY Ba¥18 of a¢countlng Tho financial 8tatements are prepared under the hlstoric cost conv6nb.on a5 rnodified by tha rovaluation of investrnents In accordan¢e 1th appll(abl6 8ccounting stsnd8rd3 and the Statemant of Recommonded Practi lor Charities. Inva8lm•nts Inv8Stm8nts are ststed at Bid Market Valuo. Realised and Unrealised gainsnossag are r8ffected In the stat6manl ¢f FinanrAal Activiti&$. R#$8rvo8 The Reserves Pollcy sèts targgl free Tos&fv88 al 3 months of 8XP8ctsd expendItu. Given that grants are approved by the Trustees on an application basls and would not ordin4rily exceed tho annual Income of C4rca £38,000, Irao rtrsetve8 are significanuy above the r8quir8d level. 2. INVESTMENT INCOME 2024 2023 DEpos11 Fund Interest Dividends Recefv&d 14,844 22,806 37,649 8.685 22.102 30.786 3. GRANTS 2024 2023 Grants 16 21,200 21,200 4. FIXED ASSET INVESTMENTS 2024 2023 M8rk8tValue 811 January Addits'ons Di8pos81$ N&t unrealised1108sll98in Mad(et Value at 31 D8c8mber 808.684 738,478 808,564 Historical cost at 31 December 401349 No shares wer6 bo(Jghl or sold during tha year 6. RESERVES Rovanuo Capltal Total Balance at 1.1.2024 Gain I (Lossl for the year Balancs a131.12,2024 613,446 539,246 1.152,692 40,672 1193364 835S11 557 763