This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2024-11-30-accounts
| Charltynumb€r |
232575 |
|
| Principaladdrcss |
GlenthorneGuest House |
|
|
EasedaleRoad |
|
|
Grasmere |
|
|
Ambleside |
|
|
Cumbria |
|
|
LA22gQH |
|
| Nomlnee |
Friends TrustsLimited |
|
|
Friends House |
|
|
EustonRoad |
|
|
l-ondonNW12U |
|
| HoldingTrusteesAlanRobinson |
|
fromMay 2017 |
|
Meg Hill |
fromApril2020 |
| ManatintTrustees: |
|
|
Truste6appointedinconsultatlon wlthArea Meetingsfrom
JimParis(Co-Clerk) |
|
ex-WestmorlandRegionalMeeting
fromlanuary2016toDecember2024 |
|
JamesEddington(Treasurer) |
fromJanuary 2016toDecember2024 |
|
MegHill |
fromJune 2020 |
|
GraceOgilvie
WilliamTaylor(Co-Clerk) |
fromNovember2021
fromSeptember2022 |
| TrusteesappointedbyQuakersinYorkshire |
|
|
|
AlanRobinson (Bursary Clerk) |
fromJanuary 2015 |
|
MikeWatson |
fromDecember 2016toDecember2024 |
|
RuthWoodhead |
fromJuly 2020 |
|
EllieMccarthy |
fromJanuary 2023 |
| Co-optedTrustees |
|
|
|
Patrick Gray (Treasurer) |
fromJune 2019, TreasurerfromNovember2024 |
|
lames Fowler |
fromMarch2022toDecember2024 |
|
xiranDaxanl |
fromFebruary 2024 |
| lndependentexaminerlanThompsonFCA |
|
|
|
Saint&CoChartered Accountants |
|
|
TheOldPoliceStation |
|
|
ChurchStreet |
|
|
Ambleside |
|
|
Cumbria |
|
|
LA22OBT |
|
|
Page |
| Trustees'report |
1-5 |
| lndependent examiner'sreport |
|
| Statement of financial activities |
|
| Balancesheet |
|
| Statement ofcashflows |
10 |
| Notestothe financial statements |
t7-25 |
|
|
Unrestricted |
Restricted |
TotalUnrestricted |
TotalUnrestricted |
Restricted |
Total |
|
|
funds |
funds |
|
funds |
funds |
|
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
| Notes |
|
E |
E |
f€ |
|
E |
E |
| lncome andendowments from: |
|
|
|
|
|
|
|
| Donationsandlegacies |
3 |
50,404 |
78,739 |
69,143 |
4,842 |
72,696 |
21,538 |
| Charitableactivities |
4 |
562,746 |
|
562,746 |
s31,969 |
|
531,969 |
| lnvestments |
5 |
3,030 |
739 |
3,769 |
t,209 |
318 |
7,527 |
| Otherincome |
6 |
79,727 |
1,064 |
20,185 |
32,407 |
587 |
32,988 |
| Totalincome |
|
635,301 |
20,542 |
655,843 |
514,427 |
13,601 |
588,022 |
| Expenditureon: |
|
|
|
|
|
|
|
| Charitableactivities |
7 |
569,Ozt |
3,674 |
572,695 |
605,722 |
3,243 |
608,365 |
| Totalexpenditure |
|
569,021 |
3,674 |
572,695 |
605,722 |
3,243 |
608,36s |
| Netincome/(expenditure) |
|
66,280 |
16,868 |
83,148 |
(30,701)10,3s8 |
|
(20,343) |
| Transfersbetween funds |
|
72,992 |
(t2,9921 |
|
10,413(10,413) |
|
|
| Netmovementinfunds |
9 |
79,277 |
3,876 |
83,148 |
(20,288) |
(ss) |
(20,343) |
| Reconciliation of funds: |
|
|
|
|
|
|
|
| Fund balancesatlDecember |
|
|
|
|
|
|
|
| 2023 |
|
468,52s |
2,746,910 |
2,675,435 |
488,813 |
2,746,96s |
2,635,7?8 |
| Fund balancesat30November |
|
|
|
|
|
|
|
| 2024 |
|
547,797 |
2,750,786 |
2,698,583 |
468,52s |
2,746,970 |
2,615,435 |
|
|
|
2024 |
|
2023 |
|
|
Notes |
|
|
t |
|
f |
| Fixed assets |
|
|
|
|
|
|
| Tangibleassets |
13 |
|
|
2,422,O83 |
|
2,433,733 |
| lnvestments |
14 |
|
|
2 |
|
2 |
|
|
|
|
2,422,085 |
|
2,433,73s |
| Currentassets |
|
|
|
|
|
|
| Stock5 |
15 |
7,2s0 |
|
|
1,400 |
|
| Debtors |
15 |
26,873 |
|
|
24,930 |
|
| Cashatbankand inhand |
|
363,'173 |
|
|
246,684 |
|
|
|
391,895 |
|
|
313,014 |
|
| Creditors: amounts falling duewithinone year |
18 |
(115,398) |
|
|
1722,774) |
|
| Netcurrentassets |
|
|
|
276,498 |
|
190,300 |
| Total asseBlesscurrent liabilities |
|
|
|
2,698,583 |
|
2,623,435 |
| Creditors: amountsfallintdueaftermorethan |
|
|
|
|
|
|
| one year |
19 |
|
|
|
|
(8,000) |
| Netassets |
|
|
|
2,698,583 |
|
2,6L5,435 |
| Thefunds ofthe charity |
|
|
|
|
|
|
| Restrictedincome funds |
2t |
|
|
2,750,786 |
|
2,146,970 |
| Unrestricted funds |
22 |
|
|
547,797 |
|
468,52s |
|
|
|
|
2,698,s83 |
|
2,615,435 |
Thefinancial statements wereapprovedqrn"t
kJ.--{ru |
ur.",on..!?./:.y'.k{ |
|
|
|
|
|
| W Taylor |
|
PGray |
|
|
|
|
| Trustee |
|
Trustee |
|
|
|
|
|
|
2024 |
|
202t |
|
|
Notesfff€ |
|
|
|
|
| Cashflows fromoperatingactivities |
|
|
|
|
|
| Cashgeneratedfromoperations |
25 |
|
|
|
811 |
| lnvestingactivities |
|
|
|
|
|
| lnvestment incomereceived |
|
3,769 |
|
7,527 |
|
| Netcashgeneratedfrom investint activities |
|
|
3,769 |
|
7,527 |
| Financint activities |
|
|
|
|
|
| Repaymentof borrowings |
|
(12,000) |
|
(4,000) |
|
| Netcash usedin financingactiyities |
|
|
|
|
|
| Net incrcase/(decrease) incashandcashequivalents |
|
|
77,O89 |
|
{1,662) |
| Cashandcashequivalentsatbeginningofyear |
|
|
246,6A4 |
|
288,346 |
| Cashandcashequivalents at end of year |
|
|
363,773 |
|
2a6,684 |
|
Unrestrlcted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2021 |
2023 |
2023 |
|
f |
f |
f |
E |
e |
f |
| Donationsandgifu |
2,303 |
74,739 |
27,O42 |
4,442 |
72,696 |
27,538 |
| Legacies |
48,701 |
|
48,101 |
|
|
|
|
50,404 |
18,739 |
69,143 |
8,842 |
12,696 |
21,538 |
| Donations andgifts |
|
|
|
|
|
|
| Bursarydonations&giftaid |
|
t8,739 |
78,739 |
|
t2,696 |
72,696 |
| Other donations &giftaid |
1,541 |
|
7,541 |
130 |
|
130 |
| Donations fromtrading |
|
|
|
|
|
|
| subsidiary |
762 |
|
762 |
8,772 |
|
8,772 |
|
2,303 |
14,739 |
27,O42 |
4,442 |
77,696 |
21,538 |
|
Unrestricted |
Unrestricted |
|
funds |
funds |
|
2024 |
2023 |
|
e |
E |
| Charitableactivities |
|
|
| Saleofgoods |
562,?46 |
531,969 |
|
Unrestricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
2023 |
2023 |
|
f. |
f |
E |
€ |
E |
E |
| Other income |
|
739 |
739 |
|
318 |
318 |
| lnterest receivable |
3,030 |
|
3,030 |
7,209 |
|
1,209 |
|
3,030 |
739 |
3,769 |
1,209 |
318 |
7,527 |
|
Unr6tricted |
Restricted |
Total |
Unrestricted |
Restricted |
Total |
|
funds |
funds |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
2023 |
2021 |
2023 |
|
f |
E |
f€ |
|
E |
E |
| Licence feefromsubsidiary |
1,631 |
|
1,631 |
2,602 |
|
2,602 |
| Service feefromsubsidiary |
77,490 |
|
17,490 |
29,799 |
|
29,199 |
| Saleof goodsforBursary |
|
|
|
|
|
|
| fund |
|
1,064 |
1,064 |
|
587 |
587 |
|
79,t21 |
1,064 |
20,18s |
32,407 |
587 |
32,988 |
|
Charitable |
Tradint |
Total |
Charitable |
Trading |
Total |
|
activities |
activities |
|
activities |
activities |
|
|
2024 |
2024 |
2024 |
2023 |
202t |
2023 |
|
f |
E |
e |
E |
f |
E |
| Dlrectcosts |
|
|
|
|
|
|
| Staff costs |
280,9ss |
1,588 |
288,s43 |
258,318 |
13,895 |
272,273 |
| Depreciation and |
|
|
|
|
|
|
| impairment |
10,663 |
387 |
11,050 |
12,388 |
-174 |
73,762 |
| Foodand drink |
91,638 |
3,776 |
95,414 |
84,229 |
6,r21 |
90,350 |
| Laundry andcleaning |
9,O97 |
246 |
9,343 |
9,910 |
404 |
10,314 |
| Programmeevents |
12,060 |
|
12,060 |
13,015 |
|
13,015 |
|
404,413 |
t7,997 |
476,41O |
377,A60 |
27,794 |
399,0s4 |
| Shareof supportand |
governancecosts (seenote 8) |
|
|
|
|
|
| Support |
141,591 |
5,406 |
t46,997 |
181,09s |
11,069 |
792,L64 |
| Governance |
9,226 |
62 |
9,288 |
16,643 |
504 |
t7,147 |
|
ss5,230 |
L7,465 |
512,69s |
s75,598 |
32,767 |
608,365 |
| Analysisbyfund |
|
|
|
|
|
|
| Unrestricted funds |
551,556 |
17,465 |
s69,021 |
572,355 |
32,767 |
605,722 |
| Restrictedfunds |
3,674 |
|
3,674 |
3,243 |
|
3,243 |
|
555,230 |
t7,465 |
572,695 |
575,598 |
32,767 |
608,355 |
| Supportcostsallocatedto activities |
|
|
|
2024 |
2023 |
|
e |
E |
| Rates,water &rent |
20,953 |
18,697 |
| lnsurance |
504 |
31,546 |
| Heat&light |
37,207 |
35,569 |
| Telephone |
6,204 |
s,467 |
| Repairsand maintenance |
43,857 |
65,702 |
| Othersite services |
77,793 |
L4,532 |
| Computerexpenses |
4,980 |
5,516 |
| Printing,stationerypostageand advertising |
7,649 |
2,772 |
| Bookingcommission,bank charges& interest |
1,429 |
7,684 |
| Miscellaneousexpenses |
7,022 |
4,639 |
| Governance costs |
9,287 |
77,747 |
|
156,285 |
209,311 |
| Analysedbetween: |
|
|
| Charitable activities |
150,817 |
797,73a |
| Tradingactivities |
5,468 |
77,573 |
|
156,285 |
209,317 |
|
2024 |
2023 |
| Governancecostscomprise: |
e |
E |
| Auditfees |
3,854 |
5,577 |
| Legaland professional |
2,430 |
5,560 |
| Comminee travel &subsistence |
1,403 |
793 |
| Book-keeping |
1,600 |
1,980 |
| WelcomeBursary |
|
3,243 |
|
9,287 |
77,747 |
| Netmovemcntln funds |
2024 |
2021 |
|
E |
f |
| Thenet movementinfundsisstated after charging/(crediting): |
|
|
| Feespayablefor the independent examinationofthe charity's financial statements |
3,8s4 |
5,577 |
| Depreciation of owned tangible fixedassets |
11,050 |
13,162 |
| The averagemonthlynumber of employees during theye |
ar was: |
|
|
2024 |
2023 |
|
Number |
Number |
|
11 |
13 |
| Employmentcosts |
2024 |
2021 |
|
E |
t |
| wages andsalaries |
264,243 |
252,O16 |
| Socialsecuritycosts |
19,395 |
15,858 |
| Otherpensioncosts |
4,905 |
4,279 |
|
288,543 |
272,2t3 |
| TanSiblefixedassets |
|
|
|
|
|
|
FreeholdlandLeasehold land
andbuildln8iandbuildings |
|
Fixturesand
ffnlnt! |
Compute6and
ICT |
Total |
|
EE |
|
fff |
|
|
| Costorvaluation |
|
|
|
|
|
| AtlDecember 2023 |
2,100,000 |
350,000 |
173,006 |
7,357 |
2,530,357 |
| At30November2024 |
2,100,000 |
350,000 |
173,006 |
7,357 |
2,630,357 |
| Depreciation andimpairment |
|
|
|
|
|
| At1 December 2023 |
|
29,490 |
161,881 |
5,853 |
797,224 |
| Depreciationcharged inthe year |
|
5,574 |
4,403 |
1,133 |
11,050 |
| At 30 November2024 |
|
35,004 |
766,2A4 |
6,986 |
204,274 |
| Carryint amount |
|
|
|
|
|
| At30November2024 |
2,100,000 |
314,996 |
6,722 |
365 |
2,422,083 |
| At30November2023 |
2,100,000 |
320,510 |
7L,L25 |
1,498 |
2,433,133 |
|
Fixed assetinv6tmenB |
|
|
(Corltlnued) |
|
|
|
2024 |
2023 |
|
Other investments comprise: |
Notes |
e |
€ |
|
lnvestmentsinsubsidiaries |
25 |
2 |
2 |
|
Stocks |
|
|
|
|
|
|
2024 |
202t |
|
|
|
t |
E |
|
Rawmaterialsandconsumables |
|
1,250 |
1,/rco |
| 16 |
Debtors |
|
|
|
|
|
|
2024 |
2023 |
|
Amountsfallingduewithinone year: |
|
e. |
e |
|
Tradedebtors |
|
7,362 |
924 |
|
Amounts owedbysubsidiary undertakings |
|
6,746 |
22,696 |
|
Other debtors |
|
7,492 |
158 |
|
Prepayments andaccrued income |
|
77,873 |
1,752 |
|
|
|
26,873 |
24,930 |
|
Loansand overdrafts |
|
|
|
|
|
|
2024 |
2023 |
|
|
|
€ |
E |
|
Otherloans |
|
|
12,000 |
|
Payablewithinone year |
|
|
4,000 |
|
Payableafter one year |
|
|
8,000 |
| Creditors: amounts fallinS duewithinone year |
|
|
|
2024 |
2021 |
|
E |
f |
| Borrowings |
|
4,000 |
| Other taxationand socialsecurity |
30,202 |
28.301 |
| Tradecreditors |
14,279 |
21,988 |
| Amounts owedtosubsidiary undertakings |
5,979 |
75,260 |
| Other creditors |
54,758 |
47,375 |
| Accruals anddeferred income |
LO,240 |
77,790 |
|
115,398 |
722,7t4 |
|
Creditors: amountsfallintdueaftermorethanone year |
|
|
|
|
2024 |
2023 |
|
|
f |
E |
|
BorrowinBs |
|
8,000 |
| 20 |
Retirementbenefitschemes |
|
|
|
|
2024 |
2023 |
|
Definedcontributionschemes |
e |
E |
|
Chargeto profitorlossinrespectof definedcontributionschemes |
4,905 |
4,279 |
|
At1December |
lncoming |
Resource5 |
TransfersAt 30 |
November |
|
2023 |
resources |
expended |
|
2024 |
|
E |
E |
E |
ff |
|
| Bursary Fund |
46,910 |
20,542 |
(3,674) |
1t2,9921 |
50,786 |
| Freeholdproperty |
609,724 |
|
|
|
609,124 |
| Freeholdpropertyrevaluation |
|
|
|
|
|
| reServe |
7,490,276 |
|
|
- |
t,490,216 |
|
2,146,gto |
20,542 |
13,674]. |
(12.992) |
2,750,786 |
| Restricted funds |
|
|
|
|
(Continued) |
| Previous year: |
At1December |
lncoming |
Resources |
Tranrfurs At30Novemb€r |
|
|
2022 |
resourceS |
expendcd |
|
2023 |
|
E |
f |
e |
EE |
|
| Bursary Fund |
46,96s |
13,601 |
13,2431 |
(10,413) |
46,910 |
| Freeholdproperty |
609,724 |
|
|
|
609,724 |
| treehold propertyrevaluation |
|
|
|
|
|
| reserve |
7,490,276 |
|
|
|
7,490,276 |
|
2,146,965 |
13,501 |
13.2431 |
(10,413)2,746,910 |
|
|
At1December |
lncoming |
Resources |
Transfe6 At30November |
Transfe6 At30November |
|
20zt |
reS()urces |
exPended |
|
2024 |
|
e |
f |
f |
€f |
|
| Contingencyreserve |
8,000 |
|
|
|
8,000 |
| Buildingreserve |
12,000 |
|
|
|
12,000 |
| Leaseholdproperty |
765,742 |
|
13,327) |
|
762,455 |
| Leaseholdpropertyrevaluation |
|
|
|
|
|
| reserve |
r54,729 |
|
Q,r87l |
|
152,542 |
| Fixturesfittings & equipment & |
|
|
|
|
|
| computer |
72,624 |
|
(s,s36) |
|
7,088 |
| Generalfunds |
115,390 |
635,301 |
(557,971) |
72,992 |
205,772 |
|
468,525 |
635,301 |
(569,021) |
72,992 |
547,197 |
| Unrestricted funds |
|
|
|
|
(continued) |
(continued) |
| Previous year: |
At |
1December |
lncoming |
Resources |
TransfeBAt30 |
Novemb€r |
|
|
2022 |
resources |
expended |
|
2021 |
|
|
E |
f |
f |
|
e |
| Contingencyreserve |
|
8,000 |
|
|
|
8,000 |
| Buildingreserve |
|
12,000 |
|
|
|
12,000 |
| Leaseholdproperty |
|
168,832 |
|
(3,0s0) |
|
t65,782 |
| Leaseholdpropertyrevaluation |
|
|
|
|
|
|
| reserye |
|
757,576 |
|
|
12,u7l |
L54,729 |
| Fixturesfittings& equipment& |
|
|
|
|
|
|
| computer |
|
19,888 |
|
17,264) |
|
72,624 |
| Generalfunds |
|
L22,517 |
574,421 |
(594,808) |
13,260 |
115,390 |
|
|
488,813 |
s74,427 |
(605,122) |
10,413 |
46A,525 |
|
Unrestricted |
Restrlcted |
Total |
|
funds |
funds |
|
|
2024 |
2024 |
2024 |
|
f |
E |
e |
| At30November2024: |
|
|
|
| Tangibleassets |
322,083 |
2,100,000 |
2,422,O83 |
| lnvestments |
2 |
|
2 |
| Current assets/(liabilities) |
225,772 |
50,786 |
276,49a |
|
547,797 |
2,750,7A6 |
2,698,583 |
|
Unrestricted |
Restricted |
TotaI |
|
funds |
lunds |
|
|
2023 |
2023 |
2021 |
|
E |
t |
E |
| At30November2023: |
|
|
|
| Tangibleassets |
333,133 |
2,100,000 |
2,433,733 |
| lnvestments |
2 |
|
2 |
| Current assets/(liabilities) |
143,390 |
46,910 |
190,300 |
| Longtermliabilities |
(8,000) |
|
(8,000) |
|
468,525 |
2,146,970 |
2,6t5,435 |
| Nameof undertakin8 |
Registered |
Natureofbusiness |
Classof |
%Held |
|
office |
|
sharesheld |
Directlndirect |
| GlenthorneGuest House |
UK |
Tradingsubsidiary |
Ordinary |
100.00 |
| Limited |
|
|
|
|
| CashSeneratedfrom operations |
|
2024 |
2023 |
|
|
€ |
e |
| surplus/(deficit)for the year |
|
83,148 |
12o,342) |
| Adrustmentsfor: |
|
|
|
| lnvestment incomerecognised instatement of financial activities |
|
13,76s1 |
17,s27l |
| Depreciation and impairmentoftangiblefixedassets |
|
11,050 |
73,t62 |
| Movements inworkintcapital: |
|
|
|
| Decrease in stocks |
|
150 |
|
| (lncrease)in debtors |
|
(1,943) |
(76s) |
| (Decrease)/increase increditors |
|
(3,316) |
10,283 |
| Cashtenerated trom operatlons |
|
85,320 |
811 |
| Analysisofchangecin netfunds |
|
|
|
|
AtIDecember |
CashflowsAt |
30NoEmber |
|
2023 |
|
2024 |
|
E |
ff |
|
| Cashatbank and inhand |
286,684 |
77,O89 |
363,773 |
| Loansfalling duewithinone year |
(4,000) |
4,000 |
|
| Loansfalling dueaftermore thanoneyear |
(8,000) |
8,000 |
|
|
274,684 |
89,089 |
163,773 |