## ## ## |Directors:|The Directors (or trustees for the purposes of charity legislation) who served during the year were:| |---|---| ||Nigel Barnes| ||Linda Batten (resigned 31 December 2022)| ||Stephen Burkeman| ||David Harries| ||Nick Perks| ||Paul Whitehouse| ||Stephen Wright (resigned 8 March 2023)| ||Paul Wyatt (resigned 7 July 2023)| |Secretary:|Maureen Sebanakitta (till 12 August2022)| ||Sarah Chemonges (from 9 September 2022)| |Registered|Friends House| |Office:|173
- 177 Euston Road| ||LONDON, NWI 2BJ| |Main Bankers:|The Co-operative Bank plc| ||60 Kingsway,| ||LONDON, WC2B 6DS| ||CafCash Limited| ||Kings Hill| ||WEST MALLING, ME19 4TA| |Investment|Rathbone Greenbank Investments| |Managers:|10 Queen Square| ||BRISTOL, BSI 4NT| |Solicitors:|Hunters Solicitors| ||9 New Square| ||Lincoln's Inn| ||LONDON, WC2A 3QN| |Auditors:|Myrus Smith| ||Norman House| ||8 Burnell Road| ||Sutton| ||Surrey| ||SMI 4BW| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Notes|Unrestricted|Restricted|Endowment|Total|Total| |---|---|---|---|---|---|---| |||Funds|Funds|Funds|Funds|Funds| ||||||2022|2021| |Income and endowments||||||| |from:|2|||||| |Donations||||||80| |Donated services||10,481|||10,481|47,520| |Legacies||121,469|||121,469|60,593| |Investments||(5.895)|127,408|6.222|127,735|108,950| |Deposit accounts and bank||||||| |interest||||||| |Other||||||| |Total||126,055|127,408|6 222|259,685|217,143| |Expenditureon:||||||| |Raising funds: investment||||||| |management charges||||33,813|33,813|35,400| |Charitable activities|3|10,281|72,538|45,695|128,514|336,658| |Total||10,281|72,538|79,508|162,327|372,058| |Gains (losses) on||||||| |investment assets||||||973,392| |Net income/(expenditure)||115,774|54,870|(1,431,917)|(1 ,261 ,273)|818,477| |Transfers betweenfunds|5.1.a|||||| |Net movement in funds||115,774|54,870|(1,431,917)|(1 ,261 ,273)|818,477| |Reconciliation of funds:||||||| |Total funds brought forward||65,257|235,904|7,949,142|8,250,303|7,431,826| |Total funds carried||||||| |forward||181 ,031|290,774|6,517,225|6,989,029|8,250,303| ## ## ## ||2022|2021| |---|---|---| |Net movement in funds|(1 ,261 ,273)|818,477| |Unrealised (gains) losses on investments||(896,204)| |Difference between realised gains on||| |investments||| |calculated on a historical cost basis and||| |realised gains||| |calculated on a carrying market value||| |basis|(560,885)|(530,603)| |Historical cost net movement in funds||| |SummaryIncome and Expenditure Account||| ||2022|2021| |Total income ofcontinuing operations|253,463|152,895| |Total expenditure of continuing operations|(82,819)|(336,658)| |Net (expenditure)/incomefor the year||| |before transfers|170,644|(183,763)| |Transfer from endowment funds||148,998| |Net (expenditure) income for the year|170,644|(94J65)_| ## ## ||Notes|2022|2021| |---|---|---|---| |Fixed assets:|||| |Investments|6|6 486 468|7,878,764| |Total fixed assets|||7,878 764| |Current Assets:|||| |Debtors|9|18,290|25,119| |Cash at bank and on deposit|||812,448| |Totalcurrent assets|||837,567| |Liabilities:|||| |Legacies and funds awaiting distribution|7|(379,951)|(365,292)| |Other creditors|7|(188,051)|(100.736)| |Creditors: Amountfalling due within one year||(568,002)|(466,028)| |Netcurrent assets||502,561|371 ,539| |Total net assets||6 989,029|8,250,303| |The funds of the charity:|||| |Total endowment funds|5.3|6,517,225|7,949,142| |Restricted income funds|5.4|290,773|235,904| |Unrestricted funds|5.5|181 ,031|65,257| |Total charity funds||6,989,029|8,250,303| ## ## ## ||2022|2021| |---|---|---| |Operating activities||| |Net movement in funds|(1 ,261,273)|818,477| |Dividends|(127,735)|(108,950)| |Interest||| |Investment management fees|33,813|35,400| |(Gains)/losses on investments|1,358,631|(973,392)| |(Increase)/decrease in debtors|6,829|381,890| |Increase/(decrease) in creditors|101,974|40,496| ||112,239|193,921| |Investing activities||| |Investment managementfees|(33,813)|(35,400)| |Purchase of investments||| |Proceeds from sale of investments|1,301,095|1,241,864| |Interest received||| |Dividends received|124,467|110,008| ||127,586|271,717| |Financing activities||| |Increase/(decrease) in cash in year|239,825|465,638| |Cash at beginning of year|812,448|346,810| |Cash at end of year||812,448| |The notes on pages 12 to 25 form part of these financial statements.||| ## ## ## ## ## ## ## ## ## ## ## ## ||Unrestricted|Unrestricted|Funds|Restricted|Funds|Endowment|Funds| |---|---|---|---|---|---|---|---| ||2022||2021|2022|2021|2022|2021| |Donations|||80||||| |Donated Services|10,481||47,520||||| |Legacies|121,469||60,593||||| |Investments|(5,895)|||127,408|44,702|6,222|| |Deposit accounts and bank interest|||||||| |Other|||||||| |Total|126,055|108,193||127,408|44,702|6,222|| ## ## ## ||Unrestricted Funds|Unrestricted Funds|Restricted|Restricted|Funds|Endowment|Funds| |---|---|---|---|---|---|---|---| ||2022|2021|2022||2021|2022|2021| |Charitable Distributions|||||||| |In accordance with terms oftrust|||||||| |Institutions|||||||| |Individuals|||||||| |Atthe discretion of the board||156,546|72,538|129,842||45,695|| |Support|||||||| |costs|7,731|44,970|||2,750||| |Audit fees|2,550|2,550|||||| |Total|10,281|204,066|72,538|132,592||45,695|| ## ## ## ## |5.1|Fund purposes|Fund purposes|| |---|---|---|---| ||(a)|Endowment Funds|| ||Fund||Purpose for which the income is to be applied| ||Anonymous MC98||General Fund of Britain Yearly Meeting.| ||Blackwell||At the discretion of the Board taking account of the settlor's wishes.| ||Braithwaite||At the Board'sdiscretion in consultation with settlor's representative.| ||Colenso||General Purposes but income is for the reliefof poverty.| ||Cox||Britain Yearly Meeting for the
provision and maintenance of Meeting| ||||Houses.| ||Doncaster||40% Worcester& Shropshire Area Quaker Meeting,| ||||20% South Wales Area Quaker Meeting,| ||||20% Southem Marches Area Quaker Meeting (212/286)| ||||& Mid-wales Area Quaker Meeting (74/286),| ||||20% Britain Yearly Meeting (Peace and Service).| ||General Gifts and Legacies||At the discretion of the Board.| ||Northem|Friends Peace Board|For Northern Friends' Peace Board.| ||Simmons||For Britain Yearly Meeting taking account of the settlor'swishes.| ||Stewart||80% Sussex& Surrey Regional Quaker Meeting| ||||20% Tunbridge Wells Quaker Meeting.| ||Todd||For Meeting House repairs and purchases in the| ||||Kingston-upon-Thamesarea.| ||Ward||At the discretion of the Board taking account of the settlor's wishes.| ||Wirral & North Wales||ForWirral & Chester and North WalesArea QuakerMeetings.| ||Witting||Individual relief: 40% England, 40% Germany, 20% Poland.| ||Young Friends General Meeting||For Young Friends General Meeting.| ## ## ## ## ## |5.2
Analysis of net assets between funds|||||| |---|---|---|---|---|---| ||Unrestricted|Restricted|Endowment|Total|Total| ||Funds|Funds|Funds|2022|2021| |Funds balances at 31|||||| |December are represented by:|||||| |Investments|||6,486,468|6,486,468|7,878,764| |Net Current Assets|181 ,031|290,773|30,757|502,561|371,539| ||181 031|290,773|6,517,225|6 989,029|8,250,303| |Included above are unrealised (losses) gains|||||| |on investments as follows|||||| |Unrealised gains (losses) at 1 January|||3,619,555|3,619,555|3,253,954| |Add (Deduct) in respect of disposal in year|||(560,885)|(560,885)|(530,603)| |Deduct / Add: net (losses) /gains arising on|||||| |revaluations in year|||(1,249,263)||896,204| |Unrealised gains (losses) at 31 December|||1 809,407|1 809,407|3,619,555| |Comparative information as follows:|||||| ||Unrestricted|Restricted|Endowment|Total|Total| ||Funds|Funds|Funds|2021|2020| |Funds balances at 31|||||| |Decemberare represented by:|||||| |Investments|||7,878,764|7,878,764|7,102,481| |Net CurrentAssets|65,257|235,904|70,378|371 ,539|329,345| ||65 257|235,904|7,949,142|8,250,303|7,431,826| |Included above are unrealised (losses) gains|||||| |on investments as follows|||||| |Unrealised gains (losses) at 1 January|||3,253,954|3,253,954|2,284,499| |Add (Deduct) in respect of disposal in year|||(530,603)|(530,603)|240,363| |Deduct / Add: net (losses) / gains arising on|||||| |revaluations in year|||896,204|896,204|729,092| |Unrealised gains (losses) at 31 December|||3,619,555|3,619,555|3,253,954| ## ## |5.3 Endowmentfunds||||||| |---|---|---|---|---|---|---| |||||Unrealised||| ||Balance as|||& Realised||Balance as| ||at 1 Jan|Income|Resources|Gains||at 31 Dec| ||2022|Resources|Expended|(Losses)|Transfers|2022| |Anonymous MC98|595,770|10|(10,547)|(100,469)||484,764| |Blackwell|3,537,482|5,883|(15,153)|(616,234)||2,911,978| |Braithwaite|130,584|2|(2,311)|(22,020)||106,255| |Colenso|409,656|7|(7,089)|(67,529)||335,045| |Cox|969,653|16|(17,167)|(163,513)||788,989| |Doncaster|449,967|7|(7,966)|(75,880)||366,128| |General Gifts and Legacies||282|(4,276)|(170,120)||834,697| |Northem Friends Peace Board|36,748||(651)|(6,199)||29,899| |Rowntree||||||| |Simmons|247,395|4|(4,380)|(41,715)||201,304| |Stewart|116,681|2|(2,066)|(19,673)||94,944| |Todd|255,124|4|(4,516)|(43,022)||207,590| |Ward|115,753|2|(2,049)|(19,518)||94,188| |Wirrall & NorthWales|37,716|1|(668)|(6,362)||30,687| |Young Friends General
Meeting|37,802|1|(669)|(6,377)||30,757| ||7,949,142|6,222|(79,508)|||6,517,225| |Comparative information is as fo|llows:|||||| |---|---|---|---|---|---|---| |||||Unrealised||| ||Balance as|||& Realised||Balance as| ||at 1 Jan|Income|Resources|Gains||at 31 Dec| ||2021|Resources|Expended|(Losses)|Transfers|2021| |Anonymous MC98|516,924|8,022|(2,697)|73,521||595,770| |Blackwell|3,118,383|4,967|(15,991)|430,123||3,537,482| |Braithwaite|113,304|1,758|(591 )|16,113||130,584| |Colenso|356,661|5,392|(1,813)|49,416||409,656| |Cox|841,331|13,057|(4,390)|119,655||969,653| |Doncaster|390,417|6,059|(2,037)|55,528||449,967| |General Gifts and Legacies|875,304|13,584|(4,567)|124,490||| |Northem Friends Peace Board|31,883|495|(166)|4,536||36,748| |Rowntree|148,473||525||(148,998)|| |Simmons|214,658|3,331|(1,120)|30,526||247,395| |Stewart|101,242|1,571|(529)|14,397||116,681| |Todd|221,362|3,435|(1,155)|31,482||255,124| |Ward|100,437|1,558|(524)|14,282||115,753| |Wirrall & NorthWales|32,723|508|(171)|4,656||37,716| |Young Friends General||||||| |Meeting|32,798|509|(172)|4,667||37,802| |||64,246|(35,398)|973,392|(148,998)|7,949,142| ## ## ## |.4
Restricted Funds|||||| |---|---|---|---|---|---| ||Balance as||||Balance as| ||at 1 Jan|Income|Resources||at 31 Dec| ||2022|Resources|Expended|Transfers|2022| |Anonymous MC98
Blackwell|(202)
40,341|12,536
52,660|(58,393)||12,334
34,608| |Braithwaite|(255)|2,748|||2,493| |Colenso|1 ,550|8,426|(950)||9,026| |Cox|92|20,403|||20,495| |Doncaster
Northern Friends Peace Board|(175)
(14)|9,468
774|||9,293
760| |Rowntree|6,892||||6,892| |Simmons|(97)|5,205|||5,108| |Stewart|(45)|2,455|||2,410| |Todd|(99)|5,368|||5,269| |Ward|(45)|2,436|||2,391| |Witting Narrowly Restricted|187,991|3,339|(13,195)||178,135| |Wirrall & NorthWales|(15)|794|||779| |Young Friends General Meeting|(15)|796|||781| |Total|235,904|127,408|(72,538)||290,774| |Comparative information is as follows:|||||| ||Balance as||||Balance as| ||at 1 Jan|Income|Resources||at 31 Dec| ||2021|Resources|Expended|Transfers|2021| |Anonymous MC98|6,981||(7,183)||(202)| |Blackwell|45,809|44,701|(50,169)||40,341| |Braithwaite|1,796||(2,051)||(255)| |Colenso|4,756||(3,206)||1,550| |Cox|11,363||(11,271)||92| |Doncaster|5,273||(5,448)||(175)| |Northern Friends Peace Board|431||(445)||(14)| |Rowntree|6,892||||6,892| |Simmons|2,899||(2,996)||(97)| |Stewart|1,367||(1,412)||(45)| |Todd|2,990||(3,089)||(99)| |Ward|1,356||(1 ,401)||(45)| |Witting Narrowly Restricted|230,996||(43,005)||187,991| |Wirrall & NorthWales|442||(457)||(15)| |Young Friends General Meeting|443||(458)||(15)| |Total|323,794|44,701|(132,591)||235,904| ## ## ## ||Balance as|Income|Resources||Balance as at| |---|---|---|---|---|---| ||at 1 Jan 2022|Resources|Expended|Transfers|31 Dec2022| |General Gifts and Legacies|65,257|126,055|(10,281)||181,031| |Total|65,257|126,055|(10,281)||181 ,031| |Comparative information is as follows:|||||| ||Balance as|Income|Resources||Balance as at| ||at 1 Jan 2021|Resources|Expended|Transfers|31 Dec2021| |General Gifts and Legacies|12,132|108,193|(204,066)|148,998|65,257| |Total|12,132|108,193|(204,066)|148,998|65,257| ## ## ## ||Total|Total| |---|---|---| ||2022|2021| |Cash|232,449|274,921| |Common investment funds||| |OEICs and unit trusts|1,412,971|1,907,473| |UK equities|2,475,219|3,087,137| |I-JKfixed interest|765,944|457,084| |Overseas equities||| |Overseasfixed interest|263,450|308,781| |Overseas unit trusts||| |Total investments|6,486,468|7,878,764| |6.2
Investment movements||| ||Total|Total| ||2022|2021| |Market value at 1 January|7,878,764|7,102,481| |Acquisition at cost|1,264,163|1,044,755| |Disposal at carrying market||| |value||(1,164,675)| |Unrealised gains (losses) in||| |year||896,203| |Market value at 31 December|6 486,468|7 878 764| |Historic cost|5,189,129|4,738,892| ## ## ## |||Total||Total| |---|---|---|---|---| |||2022||2021| |Balance at 1 January||365,292||10,000| |Funds|and legacies received|914,228|I|,254,444| |Funds|and legacies distributed|(899,569)|(899,152)|| |Balance at 31 December||379,951||365,292| |8.|Othercreditors|||| |||Total||Total| |||2022||2021| |Accrued Grants||169,511||91,282| |Other||18,540||9,454| |Balance at 31 December||188,051||100,736| |9.|Debtors|||| |||Total|Total| |---|---|---|---| |||2022|2021| |Accrued|Legacy Income|15,022|12,569| |Other||3,268|12,550| |Balance|at 31 December|18,290|25,119| ## ## ## ## ## ## |Ackworth School 1950Trust|To hold funds of gifts, legacies, donations, etc. for the benefit of
Ackworth School.| |---|---| |Breckenbrough School: After Care|To give help and advice to former pupils of Breckenbrough School| |Committee|| |Camfield's (Francis) Trust|Supporting individualQuakers in need witnessing to Christian and| ||Quaker testimonies| |Central England Quaker Old People's Fund|Charitable purposes for the benefit of the aged, particularly for| |Trust|those who are members of Central Erglarri Area Quaker Meeting| ||of the Religious Society of Friends (Quakers)| |Society of Friends
- Charney Manor|Furthering thereligious and other charitable purposes of the| ||Society of Friends| |Cole, Susanna (and Others), Charities|To supportand help friends in need who are members or| ||attenders of Central England Area Quaker
of the| ||Religious Society of Friends| |Friends I-busing Bursary Trust|For the benefit of elderly poor persons in Great Britain who are| ||need of financial assistance to providethem with suitable housing| ||accommodation| |Glenthorne Quaker Centre|To provide a place where Quaker spiritual, charitable and| ||educational concerns can be advanced.| |Gorman George Memorial Fund|The advancement of (religious) education and the advancement of| ||religion according to the principles and beliefs of the Religious| ||Society of Friends| |Greenwood Educational Trust|To advance the education of persons under the age of 25 and in| ||need of financial assistance who are connected with the Society of| ||Friends in Essex or Suffolk| |I-brniman (John) Trust: Bedford Institute|Income to be used by Quaker Social Action| ## ## |Tickells (Hugh) Charity|For the general benefit ofsuch poor people as the trustees in their| |---|---| ||discretion think fit| |Wensleydale & Swaledale Quaker Trust|1. The relief of Quakers, Atterders and other people who are in| ||need, hardship ordistress and are resident in the area of benefit;| ||2. The maintenance and upkeep of the Quaker meeting houses| ||and burial grounds within the area of benefit; 3. To further ttE| ||religious and other charitable deeds and works of the| ||Wensleydale and Swaledale Area Quaker Meeting in Britain and| ||overseas.| |Woodbrooke Quaker Study Centre|Provision of learning to Quakers and others to advance the| ||Quaker faith and enhance
of social and spiritual| ||matters.| ## ## ## ## ## ## ## ## ## ## ## ## ##