2022-12-31-accounts

Contents
		Page
Charity Information .
Trustee's Report.
Independent Auditor's	Report
Statement of Financial	Activities. .
Balance Sheet		12
Statement of Cash Flows		13
Notes to the Financial	Statements .	14

20-year Glass project South Quire Aisle and St Cuthbert's window Apprentices and project management Centre of excellence and Neighbourhood plan fees	E468,283 E512,204 E153,859 E994,315

				Restricted Funds	Endowment Funds	Designated Funds	Unrestricted Funds	Total Funds 2022I	Total Funds 2021 E
Income from:
Donations and	legacies		2	156,859	65	132,779	469,075	758,778	1,854,723
Fundraising				105			457,896	458,001	12,832
Grants and Trusts				15,000			3,600	18,600	341,008
Investments					85,820		381,311	467,131	478,758
Totalincome				171,964	85,885	132 77g	1,311,882	1,702,510	2,687,321
Expenditure on:
Raising funds			3	1,674		27	363,697	365,398	99,246
Charitable activities			4	1,149,525	1,378	1,103,243	153,291	2,407,437	1,865,639
Total expenditure				1,151,199	1,378	1,103,270	516,988	2,772,835	1,964,885
Net (expenditure)/income
before other	recognised			(979,235)	84,507	(970,491)	794,894	(1,070,325)	722,436
gains
Realised and unreaiised
(iosses) / gains	on		9		(363,885)		(1,693,303)	(2,057,188)	1,096,183
investments
income				(979,235)	(279,378)	(970,491)	(898,409)	(3,127,513)	1,818,619
Transfers between		funds	' 12,	888,165	(77,605)	297,097	(1,107,657)
Net movement	in	funds		(91,070)	(356,983)	(673,394)	(2,006,066)	(3,127,513)	1,818,619
Funds brought	forward			752,191	2,923,647	3,261,797	10,406,549	17,344,184	15,525,565
Funds carried	forward		3' 12,	661,121	2,566,664	2,588,403	8,400,483	14,216,671	17,344,184

alance Sheet		as	a	t 31Decem	ber 202	2
							2022	2021
						Note	6
Fixed assets
Tangible assets Investments						8 9	1 13836 525	1 16660 629
							13,836,526	16,660,630
Current assets
Debtors						10	235,772	273,689
Cash at bank and	in	hand					793841	1 213 131
Total current assets							1,029,613	1,486,820
Current liabilities
Creditors: amounts		fallin		due within one	ear	11	649468	803 266
Net current assets							380 145	683 554
Net assets							14216671	17344 184
Funds ofthe charity:
Unrestricted funds
Unrestncted funds							8,400,483	10,406,549
Desi nated funds						12	2 588 403	3 261 797
							10,988,886	13,668,346
Restricted funds
Restricted income	funds					13	661,121	752,191
Restricted endowment			funds			13	2 566 664	2 923 647
							3,227,785	3,675,838
Total funds						14	14216671	17344 184

r the ye	ar ended	3	1Decembe	r	20	22
							2022	2021
								E
Cash (used	in)/generated		from operating		activities		(1,653,337)	1,047,985
(see below)
Cash flows	from investing		activities:
Investment	income						467,131	478,758
Purchase of	investments						(33,084)	(1,289,239)
Proceeds from sale of investments							800,000	509,966
Cash generated by/(used			in) investing	activities			1,234,047	(300,515)
(Decrease)/increase in cash			and cash equivalents			in the
year							(419,290)	747,470
Cash and cash equivalents		at the beginning		of	the	year	1,213,131	465,661
Total cash	and cash equivalents at end			of	the	year	793,841	1,213,131

conciliati	on	ofnet	moveme	nt	in funds to n	et cash flow fr	om operating activ	ities
							2022	2021
								E
Net movement		in funds					(3,127,513)	1,818,619
Adjustments		for:
Investment	income						(467,131)	(478,758)
Losses/(gains)		on revaluation		of	investments		2,057,188	(1,096,183)
Decrease	in debtors						37,917	217,893
(Decrease)/increase			in creditors				(153,798)	586,414
Net cash	(used in)/generated				by operating	activities	(1,653,337)	1,047,985
nalysis of	cash and		cash equivalents
							2022	2021
							E	E
Cash at bank		and in	hand				416,957	472,469
Cash held	by	brokers					376,884	740,662
							793,841	1,213,131

Totalincom	e	e		17	1'964	85'885		132779	1,311,882 1,702,510	1,311,882 1,702,510
Unrestricted	grants		and trusts	income	includes	Coronavirus	job	Retention	Scheme grants of Enil (2021
E17,302).
										2021
Prior Year				Restricted		Endowment		Unrestricted		Total
					E		E		E
Donations					73,272		250		114,122	187,644
Legacies					24,595			1,642,484		1,667,079
Total donations		and	legacies		97,867		250	1,756,606		1,854,723
Fundraising									12,832	12,832
Grants and	Trusts			136,500		46,	106		158,402	341,008
Investment	income					84,812			393,946	478,758
Total income				234,367		131,168		2,321,786		2,687,321

										2022
Current Year							Restricted			Tota I
				Restricted			Endowment	Designated	Unrestricted	funds
						E	E		E	E
Fundraising	and	publicity				1,674		27	106,045	107,746
Support costs —staff costs									84,794	84,794
Events costs									172,858	172,858
						1,674		27	363,697	365,398
										2021
Prior Year							Restricted			Total
				Restricted			Endowment	Designated	Unrestricted	funds
						E	E		E	E
Fundraising	and	publicity				313			16,106	16,419
Support costs —staff costs									82,525	82,525
Events costs									302	302
						313			98,933	99,246
4. Expenditure		on charitable			activities
							Grant	Direct cost	Support	2022
Current Year							funding ofactivities	ofcharitable activity	costs (Note 5)	Tota I Funds
							E	E
Grants to	The Chapter		of York				2,160,719			2,160,719
Grants to	The York Glaziers'			Trust			84,552			84,552
Heritage	Lottery	Fund	Endowments			Fund		1,378		1,378
Other costs								18,300	142,488	160,788
							2,245,271	19,678	142,488	2,407,437
Prior Year							Grant funding ofactivities	Direct cost ofcharitable activity	Support cos'ts (Note 5)	2021 Tota I Funds
							E	E	E	E
Grants to	The Chapter		of York				1,576,698			1,576,698
Grants to	The York Glaziers' Trust						49,629			49,629
Heritage	Lottery	Fund	Endowments			Fund	45,000	6,590		51,590
Other costs								47,065	140,657	187,722
							1I671~327	53,655	140,657	1,856,639

Support	costs
					2022	2021
					E	E
Auditor's remuneration					7,200	5,340
Legal and professional Staff costs (Note 6) Office expenses Catering Insurance					11,142 191,088 8,986 2,951 3,715	14,344 190,969 10,188 1,146 837
Travel					283	147
Sundry Bank char	es				1,583 334	211
					227 282	223 182
Analysed Expenditure Ex enditure	as follows: on raising funds on charitable activit			(Note 3) Note 4	84,794 142 488	82,525 140 657
					227 282	223 182

Staff costs
	2022	2021
	E	E
Salaries	158,850	154,699
Social security costs Pension costs	17,524 14714	15,844 20 426
	191088	190969

2022	2021
4	5

Net m	ovements in	funds
			2022	2021
			E	E
Is stated	after charging:
Auditor's	remuneration	—Audit	6,000	4,450
Auditor's	remuneration	for other services	9,285	8,630

r the year ended Tangible fixed assets	31	December 2022
			Office	equipment
				E
Cost:
At 1 January 2022				9,097
Additions
As at 31 December 2022				9 097
Depreciation: At 1 January 2022				9,096
Char e for the ear
At 31 December 2022				9 096
Net book value
At 31 December 2022
At 31December 2021
. Investments
			2022	2021
			E	E
Market value as at 1 January		2022	16,660,629	14,785,173
Additions at cost			33,084	1,289,239
Disposal proceeds			(800,000)	(509,966)
Realised and unrealised	gains		(2,057,188)	1,096,183
Market value as at 31	December 2022		13,836,525	16,660,629
Historical cost as at year	end		12,650,574	13,391,066

				2022	2021
				E	E
Other	debtors	and	prepayments	235,772	273,689
				235,772	273,689

for the year 11.Creditors	en	de	d	31D	e	cember	2022
									2022	2021
Other creditors	and	accruals							649,468	774,766
Deferred income										28,500
									649,468	803,266
Reconciliation	of	grants		payable
Commitments	brought		forward						729,431	86,976
Grants committed		in the year							2,245,271	1,671,327
Grants paid during		the	year						2,372,604	(1,028,872)
Commitments	carried forward								602,098	729,431
Deferred income	relates to events				income in advance.
12. Designated	funds
For the year 31December	ended 2022		Balance 13anuary			as at 2022	Income	Expenditure	Transfers Balance as at 31 December 2022
						E	E	E	E
Centre of Excellence					2,300,000			(703,024)		1,596,976
RRD Project						50,000		(52,801)	52,801	50,000
South Quire Aisle						85,427			(35,427)	50,000
St Cuthbert Window						207,239				207,239
20 Year Glass						253,437				253,437
Masterplan						221,290		(291,291)	195,000	124,999
Queen Elizabeth	Statue					30,000			(30,000)
Apprentice support						87,404		(51,337)	99,933	136,000
YMF Music						7,000	132,779	(27)		139,752
Funds under 620,000						20,000		(4,790)	14,790	30,000
					3,261,797		132,779	(1,103,270)	297,097	2,588,403
For the year 31December	ended 2021		Balance 13anuary			as at 2021	Income	Expenditure	Balance as at 31 Transfers December 2021
						E	E	E	E	E
Centre of Excellence									2,300,000	2,300,000
RKD Project						50,000		(42,397)	42,397	50,000
South Quire Aisle						327,337			(241,910)	85,427
St Cuthbert Window						90,259			116,980	207,239
20 Year Glass						630,635			(377,198)	253,437
Masterplan						400,000		(178,710)		221,290
Queen Elizabeth	Statue					90,000			(60,000)	30,000
Apprentice support						92,033		(49,629)	45,000	87,404
YMF Music									7,000	7,000
Funds under f20,000						20,000		(17,798)	17,798	20,000
					1,700,264			(288,534)	1,850,067	3,261,797

			Balance at 1							Balance at
Current year			January 2022	Income	Expenditure		Gain on investments	Transfers	31	December 2022
			E	E		E	E	E		E
Restricted income funds:
South Quire Aisle				38,651	(512,204)			473,554
Stone Yard Apprentices			62,479	2,000	(102,522)			38,043
Crypt Monitoring Education			34,154 21,921							34,154 21,921
Library			1,056							1,056
Music			12,062	8,100	(13,317)			1,399		8,244
Minster Organ			2,499	105						2,604
Choristers			46,208					2,396		48,604
St Cuthbert's Window			392,761	100,108						492,869
Liturgical Worship (legacy) Queen Elizabeth Statue			1,000		(35,979)			35,979		1,000
20 Year Glass			178,051		(468,283)			336,795		46,563
)ubilee				23 000	(18,894)					4,106
			752,191	171,964	(1,151,199)			888,165		661,121
Restricted endowment		funds:
The Heritage Lottery Fund Heritage Endowments Fund			2,793,842	82,089	(1,378)		(347,752)	(73,810)		2,452,991
Chonsters Endowment			81,970	2,396			(10,188)	(2,395)		71,783
Music —Pillin Endowment			47 835	1 400			5,945	1 400	i	41 890
			2 923 647	85 885	1 378		363885	77 605	i	2 566664

Restricted endowment	fund	s:
		Balance at 1							Balance at
Prior year		January 2021	Income	~xpenditure			Gain on investments	Transfers	31December 2021
		E	E			E	E	E	E
Restricted income funds:
South Quire Aisle			47,597		(359,508)			311,911
Stone Yard Apprentices		96,204	2,000		(35,725)				62,479
Crypt Monitoring Education		34,154 21,921							34,154 21,921
Library		1,056							1,056
Music		10,910	12,603		(12,715)			1,264	12,062
Minster Organ			2,499						2,499
Choristers		29,446	14,595					2,167	46,208
St Cuthbe*'s Window		343,688	49,073						392,761
Liturgical Worship (legacy) Centre of Excellence		1,000	100,000		(201,634)			101,634	1,000
Queen Elizabeth Statue			6,000		(117,881)			111,881
20 Year Glass					520 545			698 596	178 051
		538 379	234 367	1 248,008				1 227,453	752 191
The Hentage Lottery Fund Heritage Endowments Fund		2,853,132	127,403		(51,590)		186,296	(321,399)	2,793,842
Chonsters Endowment		76,294	2,378				5,466	(2,168)	81,970
Music —Pillin Endowment		44 522	1 387				3 189	1 263	47 835
		2 973948	131168		51 590		194951	324 830	2 923 647

19. Comparative sta	tement o	f financial activit	ie	s
		Restricted Funds		Endowment Funds	Designated Funds	Unrestdcted Funds	Total Funds 2021
							6
Income from:
Donations and legacies		97,867		250		1,756,606	1,854,723
Fundraising						12,832	12,832
Grants and Trusts		136,500		46,106		158,402	341,008
Investments				84,812		393,946	478,758
Total income		234,367		131,168		2,321,786	2,687,321
Expenditure on:
Raising funds		313				98,933	99,246
Charitable activities		1,247,695		51,590	288,534	277,820	1,865,639
Total expenditure		1,248,008		51,590	288,534	376,753	1,964,885
Net (expenditure)/income before other recognised	gains	(1,013,641)		79,578	(288,534)	1,945,033	722,436
Realised and unrealised sins on investments				194,951		901,232	1,096,183
Net income/ (expenditure)		(1,013,641)		274,529	(288,534)	2,846,265	1,818,619
Transfers between funds		1,227,453		(324,830)	1,850,067	(2,752,690)
Net movement in funds		213,812		(50,301)	1,561,533	93,575	1,818,619
Funds brought forward		538,379	.	2,973,948	1,700,264	10,312,974	15,525,565
Funds carried forward		752,191		2,923,647	3,261,797	10,406,549	17,344,184