REGISTERED CHARITY NUMBER: 236399
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 October 2022
for Silsden Aid in Sickness Fund
Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
Silsden Aid in Sickness Fund
Contents of the Financial Statements for the Year Ended 31 October 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Statement of Financial Position | 5 | ||
| Notes to the Financial Statements | 6 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
Silsden Aid in Sickness Fund
Report of the Trustees for the Year Ended 31 October 2022
The trustees present their report with the financial statements of the charity for the year ended 31 October 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Significant activities
Silsden Aid in Sickness have not had a meeting with Wrigley's Solicitors in Leeds this year, but they were sent a copy of the annual accounts at the end of the last financial year. Quarterly payments have continued at £5,000, from the Harry Beverley Tillotson Trust and they have also received a one-off payment of £50,000.00 in May this year. This was after asking if they could receive additional funding to pay for the new boiler at the Town Hall in Silsden.
Public benefit
The trustees continue to let it be known that Silsden Aid in Sickness exists for the benefit of the residents of Silsden and the Trustees hope that in time to come they can help a lot of people and make a great difference to their lives.
Grantmaking
The trustees invited different organisations and individuals to apply for funding and paid out the following amounts:
| Stacey Graham Friends of Silsden Town Hall Installation of key safe Christmas Teas for the Elderly £89.00 £1,300.00 The Hive Silsden Emergency Lighting £5,200.32 The Hive Silsden Additional Lighting £221.04 Stacey Graham Friends of Silsden Town Hall Janet Hebden Friends of Silsden Town Hall Silsden Smashes Rounders Friends of Silsden Town Hall Stacey Graham Taxi to Middlesbrough hospital Easter teas for the elderly Respite care for her husband New Boiler Equipment, uniform, hire of hall Christmas teas for the elderly Moving fees £180.00 £1,200.00 £1,100.00 £25,000.00 £1,500.00 £3,000.00 £500.00 |
|
|---|---|
These groups have been very grateful for the funding received and it has made an enormous difference to them and in some cases to the environment of Silsden. The afternoon teas for the elderly have been a huge success, providing joy for the elderly of Silsden, many of whom live alone, during these unprecedented times. Friends of Silsden Town Hall were very grateful for the monies to replace the boiler at the Town Hall. The new boiler will drastically reduce their outgoing costs and make the hall a lot warmer. The Hall is used throughout the week by many different groups.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Recruitment and appointment of new trustees
Whenever a vacancy on the Board arises, new trustees are recruited on the basis of their local knowledge of Silsden and the surrounding area.
Organisational structure
Mrs Janis Anderton who was appointed Chairperson in November 2012, continues in this role and all the other trustees have remained the same as last year.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
236399
Principal address
8 Bracken Ghyll Drive Silsden KEIGHLEY West Yorkshire BD20 9QT
Page 1
Silsden Aid in Sickness Fund
Report of the Trustees for the Year Ended 31 October 2022
Trustees
Mrs A J Bradley Mrs J Anderton Mrs F Hanson R Grosschmidt Mrs D Arrowsmith A G Cathey Mrs K Parker
Independent Examiner
Mrs C Hill FCA CTA Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
Bankers
National Westminster Bank Plc 63 North Street Keighley West Yorkshire BD21 3SN
FORMATION
Silsden Aid in Sickness was formed in September 1956. In order to allocate funds to deserving causes the trustees keep in touch with the local doctors, Ministers of Religion and other Organisations who may have information regarding the needs of local people.
The trustees of the Charity usually meet twice a year. They have had two meetings this year.
Approved by order of the board of trustees on 16 March 2023 and signed on its behalf by:
Mrs J Anderton - Trustee
Page 2
Independent Examiner's Report to the Trustees of Silsden Aid in Sickness Fund
Independent examiner's report to the trustees of Silsden Aid in Sickness Fund
I report to the charity trustees on my examination of the accounts of Silsden Aid in Sickness Fund (the Trust) for the year ended 31 October 2022.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Act and in carrying out my examination I have followed all applicable Directions 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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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.
Mrs C Hill FCA CTA Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
Date: 16 March 2023
Page 3
Silsden Aid in Sickness Fund
Statement of Financial Activities for the Year Ended 31 October 2022
| 31.10.22 | 31.10.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies | - | 80,000 | 80,000 | 20,000 | ||
| Investment income | 2 | 1 | - | 1 | - | |
| Total | 1 | 80,000 | 80,001 | 20,000 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 3 | 1,689 | - | 1,689 | 1,676 | |
| Charitable activities | ||||||
| Donations on behalf of Harry Tillotson | - | 39,290 | 39,290 | 13,548 | ||
| Total | 1,689 | 39,290 | 40,979 | 15,224 | ||
| NET INCOME/(EXPENDITURE) | (1,688) | 40,710 | 39,022 | 4,776 | ||
| Transfers between funds | 8 | 1,688 | (1,688) | - | - | |
| Net movement in funds | - | 39,022 | 39,022 | 4,776 | ||
| RECONCILIATION OF FUNDS | ||||||
| Total funds brought forward | - | 27,366 | 27,366 | 22,590 | ||
| TOTAL FUNDS CARRIED FORWARD | - | 66,388 | 66,388 | 27,366 |
The notes form part of these financial statements
Page 4
Silsden Aid in Sickness Fund
Statement of Financial Position 31 October 2022
| 31.10.22 | 31.10.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank | - | 66,388 | 66,388 | 27,366 | |
| NET CURRENT ASSETS | - | 66,388 | 66,388 | 27,366 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | - | 66,388 | 66,388 | 27,366 | |
| NET ASSETS | - | 66,388 | 66,388 | 27,366 | |
| FUNDS | 8 | ||||
| Restricted funds | 66,388 | 27,366 | |||
| TOTAL FUNDS | 66,388 | 27,366 |
The financial statements were approved by the Board of Trustees and authorised for issue on 16 March 2023 and were signed on its behalf by:
J Anderton - Trustee
D Arrowsmith - Trustee
The notes form part of these financial statements
Page 5
Silsden Aid in Sickness Fund
Notes to the Financial Statements for the Year Ended 31 October 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 31.10.22 | 31.10.21 | |
| £ | £ | |
| Deposit account interest | 1 | - |
Page 6
continued...
Silsden Aid in Sickness Fund
Notes to the Financial Statements - continued for the Year Ended 31 October 2022
3. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||
|---|---|---|
| 31.10.22 | 31.10.21 | |
| £ | £ | |
| Support costs | 1,689 | 1,017 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 October 2022 nor for the year ended 31 October 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2022 nor for the year ended 31 October 2021.
5. STAFF COSTS
There were no staff costs for the year ended 31st October 2022 nor for the year ended 31 October 2021.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies - 20,000 EXPENDITURE ON Raising funds 1,676 - Charitable activities Donations on behalf of Harry Tillotson - 13,548 Total 1,676 13,548 NET INCOME/(EXPENDITURE) (1,676) 6,452 Transfers between funds 1,676 (1,676) Net movement in funds - 4,776 RECONCILIATION OF FUNDS Total funds brought forward - 22,590 TOTAL FUNDS CARRIED FORWARD - 27,366 |
Total funds £ 20,000 |
|---|---|
| 1,676 13,548 |
|
| 15,224 | |
| 4,776 - |
|
| 4,776 22,590 |
|
| 27,366 |
continued...
Page 7
Silsden Aid in Sickness Fund
Notes to the Financial Statements - continued for the Year Ended 31 October 2022
7. DONATIONS
Donations received are from The Harry Beverley Tillotson Charitable Trust. This charitable trust was set up when Harry Tillotson, who had lived in Silsden all his life, left a substantial amount of money in his will to the people of Silsden. This trust chose to donate some of its income to Silsden Aid in Sickness, who would then choose how best to spend the money to help the people of Silsden.
8. MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Harry Beverley Tillotson Fund TOTAL FUNDS Net movement in funds, included in the above are as Unrestricted funds General fund Restricted funds Harry Beverley Tillotson Fund TOTAL FUNDS |
Net Transfers At movement between At 1.11.21 in funds funds 31.10.22 £ £ £ £ - (1,688) 1,688 - 27,366 40,710 (1,688) 66,388 27,366 39,022 - 66,388 follows: Incoming Resources Movement resources expended in funds £ £ £ 1 (1,689) (1,688) 80,000 (39,290) 40,710 80,001 (40,979) 39,022 |
Net Transfers At movement between At 1.11.21 in funds funds 31.10.22 £ £ £ £ - (1,688) 1,688 - 27,366 40,710 (1,688) 66,388 27,366 39,022 - 66,388 follows: Incoming Resources Movement resources expended in funds £ £ £ 1 (1,689) (1,688) 80,000 (39,290) 40,710 80,001 (40,979) 39,022 |
|---|---|---|
| 39,022 |
Comparatives for movement in funds
| Unrestricted funds General fund Restricted funds Harry Beverley Tillotson Fund TOTAL FUNDS |
Net Transfers At movement between At 1.11.20 in funds funds 31.10.21 £ £ £ £ - (1,676) 1,676 - 22,590 6,452 (1,676) 27,366 22,590 4,776 - 27,366 |
Net Transfers At movement between At 1.11.20 in funds funds 31.10.21 £ £ £ £ - (1,676) 1,676 - 22,590 6,452 (1,676) 27,366 22,590 4,776 - 27,366 |
|---|---|---|
| 27,366 |
continued...
Page 8
Silsden Aid in Sickness Fund
Notes to the Financial Statements - continued for the Year Ended 31 October 2022
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | - | (1,676) | (1,676) |
| Restricted funds | |||
| Harry Beverley Tillotson Fund | 20,000 | (13,548) | 6,452 |
| TOTAL FUNDS | 20,000 | (15,224) | 4,776 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Harry Beverley Tillotson Fund TOTAL FUNDS |
Net Transfers At movement between At 1.11.20 in funds funds 31.10.22 £ £ £ £ - (3,364) 3,364 - 22,590 47,162 (3,364) 66,388 22,590 43,798 - 66,388 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | - | (3,364) | (3,364) |
| Restricted funds | |||
| Harry Beverley Tillotson Fund | 100,000 | (52,838) | 47,162 |
| TOTAL FUNDS | 100,000 | (56,202) | 43,798 |
continued...
Page 9
Silsden Aid in Sickness Fund
Notes to the Financial Statements - continued for the Year Ended 31 October 2022
9. RELATED PARTY DISCLOSURES
There were no related party disclosures for the year ended 31 October 2022 nor for the year ended 31 October 2021.
Page 10
Silsden Aid in Sickness Fund
| Detailed Statement of Financial Activities | |||
|---|---|---|---|
| for the Year Ended 31 October 2022 | |||
| 31.10.22 | 31.10.21 | ||
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations | 80,000 | 20,000 | |
| Investment income | |||
| Deposit account interest | 1 | - | |
| Total incoming resources | 80,001 | 20,000 | |
| EXPENDITURE | |||
| Charitable activities | |||
| Grants to institutions | 37,421 | 12,548 | |
| Grants to individuals | 1,869 | 1,000 | |
| 39,290 | 13,548 | ||
| Support costs | |||
| Management | |||
| Postage and stationery | 29 | 18 | |
| Room Hire | - | 28 | |
| 29 | 46 | ||
| Finance | |||
| Clerk's Remuneration | 1,000 | 1,000 | |
| Governance costs | |||
| Accountancy and legal fees | 660 | 630 | |
| Total resources expended | 40,979 | 15,224 | |
| Net income | 39,022 | 4,776 |
This page does not form part of the statutory financial statements
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