## ## ## |CONTENTS|||PAGE| |---|---|---|---| |Trustees Annual|Report||2-7| |Auditors
Report|||8-9| |Statement ofFinancial||Activities|10| |Balance Sheet|||| |Notes to the Financial||Statements|12- 17| ## ## ## ## ## |uring the year 2022, th|e following
serve|d as Trustees:|d as Trustees:| |---|---|---|---| |Re resentative ofEm|lo ers:|Re resentative ofEm lo ees:|| |Michael Glover Bartle||Alan Paul Robinson|| |Peter John Davey||Peter John Richard|Booth| |Adrian George Abel||Peter Reid (retired|December 2022)| |Malcolm Douglas Jarvis||Robert Christopher|Trotter| |||Philip Clay (appointed
December 2022)|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||NOTES|2022|2022
RESTRICTED|2022
TOTAL|2021
TOTAL| |---|---|---|---|---|---|---| ||||FUNDS|FUNDS|FUNDS|FUNDS| |INCOME AND ENDOWMENTS||||||| |Incoming Resources from Generated
Investment
Income|Funds:||388135||388135|340815| |TOTAL INCOME|||388135||388135|340815| |EXPENDITURE||||||| |Costs ofGenerating
Funds:||||||| |Investment
Management
Costs
Charitable
Activities|||4188
274247||4188
274247|5023
286815| |TOTAL EXPENDITURE|||278435||278435|291838| |NET INCOME FOR THE YEAR|||109700||109700|48977| |OTHER RECOGNISED LOSSES||||||| |(Loss)/Gain
on Investment
Assets||10|547127||~547127|762101| |NET MOVEMENT IN FUNDS|||(437427)||(437427)|811078| |RECONCILIATION
OF FUNDS||||||| |TOTAL FUNDS BROUGHT FORWARD||AT||||| |1STJANUARY 2022|||6463321|790970|7254291|6443213| |TOTAL FUNDS CARRIED FORWARD
AT31STDECEMBER 2022|||6025894|790970|6816864|7254291| ## |BALANCE SHEET|||||| |---|---|---|---|---|---| |AS AT 31STDECEMBER|2022||||| |||UNRESTRICTED|RESTRICTED|TOTAL|TOTAL| ||NOTES|FUNDS|FUNDS|2022|2021| |FIXEDASSETS|||||| |Investments||6121793|790970|6912763|7459890| |CURRENT ASSETS|||||| |Debtors|11|40984||40984|39080| |Cash at Bank and in Hand|12|209989||209989|134025| |TOTAL CURRENT ASSETS||250973||250973|173105| |LIABILITIES|||||| |Creditors: Amounts
Falling
Due Within One Year|13|80741||80741|77361| |NET CURRENT ASSETS||170232||170232|95744| |TOTAL ASSETSLESS|||||| |CURRENT LIABILITIES||6292025|790970|7082995|7555634| |Creditors: Amounts
Falling|||||| |Due After More Than One|14|266131||266131|301343| |Year|||||| |TOTAL NET ASSETS||6025894|790970|6816864|7254291| |FUNDS|16|6025894|790970|6816864|7254291| ## ## ## ## ## ## ## ## ## ## ## |INVESTMENT INCOME|INVESTMENT INCOME||2022|2021| |---|---|---|---|---| |Interest
Dividend|on UK Gilt Edged Securities and Fixed Interest Unit Trusts
on UK Mk G Securities Charifund
Income||21718
366319|24061
316752| |Interest|on Cash Deposits||98|2| ||||388135|340815| ## ## ||||||2022|2021| |---|---|---|---|---|---|---| |3.|INVESTMENT MANAGEMENT||COSTS|||| ||Stockbrokers|Fees|||4188|5023| |4.|ALLOCATION
OF SUPPORT COSTS AND OVERHEADS|||**T**
1
otal|Charitable
Activities|Governance
Costs| ||StaffCosts|||30490|20328|10162| ||Office Costs|and Overheads||2088|1392|696| |||||32578|21720|10858| |5.|CHARITABLE ACTIVITIES||||2022|2021| ||StaffCosts||||20328|18599| ||Office Costs|and other Overheads|||1392|1513| ||Convalescent|Scheme Costs|||42985|49837| ||Grants payable —see note 6
Governance
Costs —see note 7||||183600
25942|192965
23901| ||||||274247|286815| ## ## |GRANTS PAYABLE|GRANTS PAYABLE||||2022|2021| |---|---|---|---|---|---|---| |a)|Children's
Adventure
Farm Trust||||26500|29500| |b)|Leeds University|||||2250| |c)|Medi Equip 4Kids||||6500|5550| |d)|Go Beyond||||3300|| |e)|Bradford Textile Society||||3500|4000| |f)|British Textile Biennial|||||8000| |g)
h)|Donations to 8 Regional
Brathay Trust|Food|Banks||16000|5000| |i)|Boomerang
Play Centre||||20000|| |j)
k)|Accrington
Stanley Community
Sunshine
and Smiles||Trust||2500|10000| |1)|The Kirkwood||||5000|5000| |m)|Seashell Trust|||||25000| |n)|Booth Centre||||4500|| |o)|Orchid||||6000|6000| |p)
q)
r)|SEN Manchester
Manchester
University
Hen shaw||||4000
2500|5000
15000
2500| |s)|Francis House Children's|Hospice|||5000|| |t)|Huddersfield
Textile Centre ofExcellence||||40000|40000| |u)|Derby Toc H Children's|Camp|||8000|10000| |v)|University ofBolton|||||2000| |w)|Bradford Inclusive Disability||Service||5000|| |x)
y)
z)
aa)|Live Music Now
Blesma
Chrysalis
Holiday
Little Hearts Matter||||2300
10000
4000|10000
5000
4000| |ab)|Textile Conservation
Foundation|||Sebastian Blue Pin||4000| |ac)|Royal School ofNeedlework||||2000|| |ad)|Heron Corn Mill||||2000|| |ae)
af)|Lancashire
Textile Manufacturer's
Section 12(1)Grants
1 individual|||Association
(2021:1)|5000|(5835)
1000| ||||||183600|192965| ## |FO|R THE YEAR ENDED 31STDECEMBER 2022 Continued||| |---|---|---|---| |||2022|2021| ||RECONCILIATION
OF GRANTS PAYABLE||| ||Commitments
at 1stJanuary 2022||| ||Commitments
Made in the Year|183600|192965| ||Commitments
Met|(143600)|(152965)| ||Commitments
at 31stDecember 2022|40000|40000| |7.|GOVERNANCE COSTS||| ||StaffCosts|10162|9298| ||Office Costs and Other Overheads|696|984| ||Auditors Fees for Audit Services|4880|4718| ||Auditors
Fees for Other Services|7848|7528| ||Costs ofMeetings|2356|1373| |||25942|23901| |8.|STAFF COSTS AND TRUSTEES' REMUNERATION||| ||Salaries|30490|27897| ||Social Security Costs||| |||30490|27897| ||The average number ofemployees
during the year was||| |Trustees received no remuneration
(2021:nil)|||| |Travel allowances off1472were paid to Trustees (2021:6942)|||| ## ## |FIXEDASSETINVESTMENTS|FIXEDASSETINVESTMENTS|||| |---|---|---|---|---| |Movement
in fixed asset investments|||2022|2021| |Market value at 1stJanuary|2022||7459890|6699010| |Add: Investments
in Year at|cost|||72429| ||||7459890|6771439| |Less: Investments
Realised|in Year|||~73650| ||||7459890|6697789| |Less/Add:
Net Investment|(Losses)/Gains|in Year (Note 10)|547127|762101| |Market value at 31stDecember 2022|||6912763|7459890| |Cost at 31stDecember 2022|||1944228|1944228| |Investments
at market value|com rised:|||| |Equities|||6398003|6780435| |Fixed Interest securities|||514760|679455| ||||6912763|7459890| ||more than 5%ofthe p|ortfolio by|market va|lue|||| |---|---|---|---|---|---|---|---| ||M &G Securities Ltd|—Charifund|units|||6398003|6780435| |10.|LOSSES /GAINS ON INVESTMENT ASSETS||||||| ||Realised Losses on Disposal ofInvestment|||Assets|||(2545)| ||Change in Unrealised|(Losses)/Gains
on Investment|||Assets|(547127)|764646| ||NET INVESTMENT|LOSSES|/GAINS|||(547127)|762101| |11.|DEBTORS||||||| |||||||218|1217| ||P repayments
Accrued Income|||||40766|37863| |||||||40984|39080| ## ## |12.|CASH AT BANK|AND|1N HAND|1N HAND|2022|2021| |---|---|---|---|---|---|---| ||General Accounts||||161083|100197| ||High Interest Business Reserve|||Account|48906|33800| ||Cash in Hand|||||28| ||||||209989|134025| |13.|CREDITORS: Amounts||Fallin|Due Within One Year||| ||Accruals||||48844|49178| ||Pension Provision|(note|15)||31897|28183| ||||||80741|77361| |14.|CREDITORS: Amounts||Fallin|Due After More Than One Year||| ||Pension Provision|(note|15)||266131|301343| ||||||266131|301343| ## ## ## ## ##