REGISTERED CHARITY NUMBER: 251537
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 5 April 2021
for
Proceeds of Sale of Skipton Temperance Hall
Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
Proceeds of Sale of Skipton Temperance Hall
Contents of the Financial Statements for the Year Ended 5 April 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Statement of Financial Position | 6 | ||
| Notes to the Financial Statements | 7 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
Proceeds of Sale of Skipton Temperance Hall
Report of the Trustees for the Year Ended 5 April 2021
The trustees present their report with the financial statements of the charity for the year ended 5 April 2021. 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 Objectives and aims
The charity's main objects are:
-
Towards the promotion of temperance within the area of benefit
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Towards such charitable purposes for the general benefit of the inhabitants of the area as the trustees think fit.
Skipton Temperance Hall Fund makes donations to local charities involved in:
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a) Helping people with alcohol or drugs problems
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b) Organisations which help people in need
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c) Organisations which encourage a healthy lifestyle
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d) Organisations involved in youth work
Public benefit
The trustees, having due regard to the Charity Commissions public benefit guidance, are satisfied that the charity has fulfilled the public benefit criteria through the provision of its grants for the benefit of the public, which includes:
-
Other charities or voluntary bodies
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Other defined groups
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity's main object is to support and promote the temperance cause in the Craven District. In furtherance of that object the trustees have during the year made grants of £9,700.00 to suitable organisations and individuals out of investment income.
| Grants Payable |
2021 |
2020 |
|---|---|---|
| Street Angels | 0.00 | 800.00 |
| Christians Against Poverty | 1,100.00 | 1,000.00 |
| Citizens Advice Bureau | 3,400.00 | 3,000.00 |
| Ingleborough District Scouts Council | 500.00 | 0.00 |
| Craven School Partnership | 2,600.00 | 2,500.00 |
| Trinity Community Outreach | 1,100.00 | 1,000.00 |
| SELFA | 1,000.00 | 500.00 |
| Total | 9,700.00 | 9,600.00 |
Investment performance
The charity has made no new investments during the year nor has it disposed of any.
The market value of the investments has risen from £444,068 in 2020 to £642,267 in 2021.
However the dividends received have remained relatively consistent. The grants payable to institutions and individuals have increased from £9,600 in 2020 to £9,700 in 2021.
Page 1
Proceeds of Sale of Skipton Temperance
Hall
Report of the Trustees for the Year Ended 5 April 2021
FINANCIAL REVIEW Financial position
The Trustees have reviewed the resources of the Charity.
The Review encompassed the nature and amount of investment income and grants provided.
The Trustees are satisfied that the annual investment income is satisfactory to provide a consistent level of grants on a year on year basis.
The dividends received in 2021 were £12,490 compared to £12,711 in 2020.
The Trustees decide, publish, implement and monitor the Charity's reserves policy, so that they can comply with their legal duties to:
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Act in the interests of the Charity and its beneficiaries.
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Protect and safeguard the assets of the Charity.
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Act with reasonable skill and care.
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Ensure the Charity is accountable.
Reserves policy
The charity's policy on reserves is to maintain sufficient funds to generate investment income from which grants can be paid to organisations submitting applications which are within the charity's objects. Should sufficient applications be received in any year it is the policy to spend each year's annual income subject to paying the management and administration expenses.
However in the event of insufficient suitable applications being received, the surplus funds are held on short term deposit until they can be expended.
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
The trustees are appointed at the Annual General Meeting of the Charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
251537
Principal address
74 Tatton, Tarn House Country Park, Stirton SKIPTON North Yorkshire BD23 3LQ
Trustees
M Bray G Murray (resigned 10.8.20) J D Claxton D Allison D Batchelor J Hope W Murfitt
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Proceeds of Sale of Skipton Temperance Hall
Report of the Trustees for the Year Ended 5 April 2021
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Helen Louise Barritt Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
Approved by order of the board of trustees on 2 August 2021 and signed on its behalf by:
D Batchelor - Trustee
Page 3
Independent Examiner's Report to the Trustees of Proceeds of Sale of Skipton Temperance Hall
Independent examiner's report to the trustees of Proceeds of Sale of Skipton Temperance Hall
I report to the charity trustees on my examination of the accounts of Proceeds of Sale of Skipton Temperance Hall (the Trust) for the year ended 5 April 2021.
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:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
Helen Louise Barritt Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
2 August 2021
Page 4
Proceeds of Sale of Skipton Temperance Hall
Statement of Financial Activities for the Year Ended 5 April 2021
| 5.4.21 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Investment income 2 210,690 EXPENDITURE ON Charitable activities Charitable Grants Payable 9,710 Other 3,189 Total 12,899 NET INCOME/(EXPENDITURE) 197,791 RECONCILIATION OF FUNDS Total funds brought forward 452,932 TOTAL FUNDS CARRIED FORWARD 650,723 |
5.4.20 Total funds £ (86,418) 9,610 1,989 11,599 (98,017) 550,949 452,932 |
|---|---|
The notes form part of these financial statements
Page 5
Proceeds of Sale of Skipton Temperance Hall
Statement of Financial Position 5 April 2021
| Notes FIXED ASSETS Investments 5 CURRENT ASSETS Cash at bank CREDITORS Amounts falling due within one year 6 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 7 Unrestricted funds TOTAL FUNDS |
5.4.21 Unrestricted fund £ 642,268 10,036 (1,581) 8,455 650,723 650,723 650,723 650,723 |
5.4.20 Total funds £ 444,068 10,434 (1,570) 8,864 452,932 452,932 452,932 452,932 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 2 August 2021 and were signed on its behalf by:
D Allison - Trustee
The notes form part of these financial statements
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Proceeds of Sale of Skipton Temperance Hall
Notes to the Financial Statements for the Year Ended 5 April 2021
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, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
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
| Dividends received Deposit account interest Gain/loss on investment |
5.4.21 £ 12,490 - 198,200 210,690 |
5.4.20 £ 12,712 1 (99,131) (86,418) |
|---|---|---|
continued...
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Proceeds of Sale of Skipton Temperance Hall
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 5 April 2021 nor for the year ended 5 April 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 5 April 2021 nor for the year ended 5 April 2020.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
5.
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Investment income | (86,418) |
| EXPENDITURE ON | |
| Charitable activities | |
| Charitable Grants Payable | |
| 9,610 | |
| Other | 1,989 |
| Total | 11,599 |
| NET INCOME/(EXPENDITURE) | (98,017) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 550,949 |
| TOTAL FUNDS CARRIED FORWARD | 452,932 |
| FIXED ASSET INVESTMENTS | |
| Unlisted | |
| investments | |
| £ | |
| MARKET VALUE | |
| At 6 April 2020 | 444,068 |
| Revaluations | 198,200 |
| At 5 April 2021 | 642,268 |
| NET BOOK VALUE | |
| At 5 April 2021 | 642,268 |
| At 5 April 2020 | 444,068 |
There were no investment assets outside the UK.
continued...
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Proceeds of Sale of Skipton Temperance Hall
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
5. FIXED ASSET INVESTMENTS - continued
Cost or valuation at 5 April 2021 is represented by:
| Valuation in 2021 Cost 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 7. MOVEMENT IN FUNDS At 6.4.20 £ Unrestricted funds General fund 452,932 TOTAL FUNDS 452,932 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 210,690 TOTAL FUNDS 210,690 Comparatives for movement in funds At 6.4.19 £ Unrestricted funds General fund 550,949 TOTAL FUNDS 550,949 |
Unlisted investments £ 198,200 444,068 642,268 5.4.21 5.4.20 £ £ 1,581 1,570 Net movement At in funds 5.4.21 £ £ 197,791 650,723 197,791 650,723 Resources Movement expended in funds £ £ (12,899) 197,791 (12,899) 197,791 Net movement At in funds 5.4.20 £ £ (98,017) 452,932 (98,017) 452,932 |
|---|---|
continued...
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Proceeds of Sale of Skipton Temperance Hall
Notes to the Financial Statements - continued for the Year Ended 5 April 2021
7. 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 | (86,418) | (11,599) | (98,017) |
| TOTAL FUNDS | (86,418) | (11,599) | (98,017) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 6.4.19 £ 550,949 550,949 |
Net movement in funds £ 99,774 99,774 |
At 5.4.21 £ 650,723 |
|---|---|---|---|
| 650,723 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 124,272 124,272 |
Resources Movement expended in funds £ £ (24,498) 99,774 (24,498) 99,774 |
Resources Movement expended in funds £ £ (24,498) 99,774 (24,498) 99,774 |
|---|---|---|---|
| 99,774 |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 5 April 2021.
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Proceeds of Sale of Skipton Temperance Hall
Detailed Statement of Financial Activities for the Year Ended 5 April 2021
| INCOME AND ENDOWMENTS Investment income Dividends received Deposit account interest Gain/loss on investment Total incoming resources EXPENDITURE Charitable activities National Temperance Society Grants to institutions Support costs Governance costs Sundries Accountancy and legal fees Total resources expended Net income/(expenditure) |
5.4.21 £ 12,490 - 198,200 210,690 210,690 10 9,700 9,710 435 2,754 3,189 12,899 197,791 |
5.4.20 £ 12,712 1 (99,131) (86,418) (86,418) 10 9,600 9,610 429 1,560 1,989 11,599 (98,017) |
|---|---|---|
This page does not form part of the statutory financial statements
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