Charity number: 254617
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2023**
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## CONTENTS
||Page|
|---|---|
|**Reference and administrative details of the charity, its Trustees and advisers**|1|
|**Trustees' report**|2 - 4|
|**Independent examiner's report**|5|
|**Statement of financial activities**|6|
|**Balance sheet**|7|
|**Notes to the financial statements**|8 - 17|
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS _FOR THE YEAR ENDED 30 JUNE 2023_
|**Trustees**|Mr A M Sinclair|
|---|---|
||Mr A J Dixon|
||Mr B Crux|
||Ms H M Burrows|
||Mr P D Widdicombe|
||Mr A J Barron|
|**Charity registered number**
254617
**Principal office**
Fairfield
The Mile
Pocklington
YO42 1TW
**Clerk to the trustees**
Ms D Hepworth
**Independent examiner**
Laura Masheder FCA DChA
BHP LLP
Rievaulx House
1 St Mary's Court
Blossom Street
York
YO24 1AH
**Bankers**
National Westminster
1 Market Place
York
YO1 9YH
CCLA
Senator House
85 Queen Victoria Street
London
EC4V 4ET
**Investment adviser**
RBC Brewin Dolphin
12 Smithfield Street
London
EC1A 9BD||
Page 1
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## TRUSTEES' REPORT
_FOR THE YEAR ENDED 30 JUNE 2023_
The Trustees present their report and the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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 published in October 2019.
## _**Objectives and activities**_
## **a. Policies and objectives**
The objects of the charity are:
- The repair and maintenance of the parish church of St. Martin;
- The relief of persons resident within the area of benefit, who are in need, hardship or distress;
- The trustees may relieve persons in need by:
- Making grants of money to them; or
- Providing or paying for goods, services or facilities for them; or
- Making grants of money to other persons of bodies who provide goods, services or facilities to those in need.
- In exceptional cases the trustees may assist someone (who is otherwise qualified) who is:
- resident outside the area of benefit; or
- only temporarily resident in the area of benefit;
- If and in so far as the income of the charity cannot be applied towards the object specified in the first sub-clause above, the trustees may apply it towards the repair of the churches of St Helens and the United Parish of York St Martin
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **b. Grant-making policies**
The Charity has established its grant making policy to achieve its objects for the public benefit. The Charity invites applications for funding. The applications are reviewed against the criteria as set out in the Deed.
## _**Achievements and performance**_
## **a. Review of activities**
In the current year the trustees have awarded grants of £23,495 (2022: £24,843) in exercise of their discretion.
Page 2
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
TRUSTEES' REPORT (CONTINUED) _FOR THE YEAR ENDED 30 JUNE 2023_
## _**Financial review**_
## **a. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
## **b. Reserves policy**
It is the policy of the charity to maintain funds at a level commensurate with its obligations. The aim is to provide sufficient funds to cover management and administration costs and to respond to applications for grants which arise from time to time. Funds were maintained above this level throughout the year.
The investments are held to generate income to fund the charitable activities. These are therefore excluded from free reserves. The free reserves of the charity as at 30 June 2023 are £95,332 (2022: £80,481).
## **c. Results**
During the year, the charity has an excess of income over expenditure of £35,893 (2022: £28,614). Taken together with the gains on investments of £27,423 (2022: losses of £128,273), this has resulted in a increase in funds of £63,316 (2022: decrease in funds of £99,659). Total funds carried forward amount to £1,715,541 (2022: £1,652,225), which comprises the endowment fund of £781,180 (2022: £775,355) and unrestricted funds of £934,361 (2022: £876,870).
## _**Structure, governance and management**_
## **a. Constitution**
The Parish Feoffment and Ann Wright Charity is governed under the scheme of the 27 April 2005 and managed by the trustees at regular meetings. The trustees meet four times per annum and delegate the management of the day to day running of the charities affairs to the clerk.
## **b. Methods of appointment or election of Trustees**
The Trustees who served throughout the year are listed on page 1. Appointment of trustees is governed by the Constitution. Trustees are recruited and appointed after a careful review of the needs of the Charity and the skills and expertise which respective new trustees can provide. Trustees are encouraged to attend external trustee training sessions that are freely available in the region.
## **Plans for future periods**
The principal objects of the Charity relate to the maintenance and repair of the churches of St Martin and St Helen. Quinquennial reports detailing the work to be carried out are prepared. Funds are advanced to the PCC as they are requested as work is carried out. The funds retained reflect the requirements set out in the quinquennial reports and include a reserve for possible additional costs and additional work the need for which may become apparent as work is carried out.
The Feoffees will continue to seek and review grant applications that are compatible with the objects of the charity.
Page 3
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## TRUSTEES' REPORT (CONTINUED)
_FOR THE YEAR ENDED 30 JUNE 2023_
## **Statement of Trustees' responsibilities**
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP 2019 (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
## **Mr A J Dixon**
Trustee Date:
Page 4
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## INDEPENDENT EXAMINER'S REPORT
_FOR THE YEAR ENDED 30 JUNE 2023_
## **Independent Examiner's Report to the Trustees of The Parish Feoffment and Ann Wright Charity ('the charity')**
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 30 June 2023.
## **Responsibilities and Basis of Report**
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
2. the accounts do not accord with those records; or
3. 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.
Signed:
Dated:
Laura Masheder FCA DChA
BHP LLP Rievaulx House 1 St Mary's Court Blossom Street York YO24 1AH
Page 5
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## STATEMENT OF FINANCIAL ACTIVITIES
_FOR THE YEAR ENDED 30 JUNE 2023_
|**Note**
**Income and endowments from:**
Investments
3
**Total income and endowments**
**Expenditure on:**
Raising funds
4
Charitable activities
5
**Total expenditure**
**Net income before net gains/(losses) on**
**investments**
Net gains/(losses) on investments
9
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**
12|**Unrestricted**
**funds**
**2023**
**£**
**84,082**
**84,082**
**14,414**
**33,775**
**48,189**
**35,893**
**21,598**
**57,491**
**876,870**
**57,491**
**934,361**|**Endowment**
**funds**
**2023**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**5,825**
**5,825**
**775,355**
**5,825**
**781,180**|**Total**
**funds**
**2023**
**£**
**84,082**
**84,082**
**14,414**
**33,775**
**48,189**
**35,893**
**27,423**
**63,316**
**1,652,225**
**63,316**
**1,715,541**|Total
funds
2022
£
76,252
76,252
11,948
35,690
47,638
28,614
(128,273)
(99,659)
1,751,884
(99,659)
1,652,225|
|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 to 17 form part of these financial statements.
Page 6
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## BALANCE SHEET
_AS AT 30 JUNE 2023_
|**Note**
**Fixed assets**
Investments
Investment property
8
**Current assets**
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within one year
11
**Net current assets**
**Total assets less current liabilities**
**Total net assets**
**Charity funds**
Endowment funds
12
Restricted funds
12
Unrestricted funds
12
**Total funds**|**13,805**
**138,545**
**152,350**
**(57,018)**|**2023**
**£**
**1,020,209**
**600,000**
**1,620,209**
**95,332**
**1,715,541**
**1,715,541**
**781,180**
**-**
**934,361**
**1,715,541**|9,072
131,821
140,893
(60,412)|2022
£
971,744
600,000|
|---|---|---|---|---|
|||||1,571,744
80,481|
|||||1,652,225|
||||||
|||||1,652,225|
|||||775,355
-
876,870|
||||||
|||||1,652,225|
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
## **Mr A J Dixon**
Date:
The notes on pages 8 to 17 form part of these financial statements.
Page 7
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## **1. General information**
The Parish Feoffment and Ann Wright Charity is an unincorporated charity registered in England and Wales
## **2. Accounting policies**
## _**2.1 Basis of preparation of financial statements**_
The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the 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 issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Parish Feoffment and Ann Wright Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
## _**2.2 Going concern**_
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements.
## _**2.3 Income**_
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
Page 8
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## **2. Accounting policies (continued)**
## _**2.4 Expenditure**_
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
## _**2.5 Interest receivable**_
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## _**2.6 Investments**_
Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of financial activities.
## _**2.7 Debtors**_
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## _**2.8 Cash at bank and in hand**_
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Page 9
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## **2. Accounting policies (continued)**
## _**2.9 Liabilities and provisions**_
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
## _**2.10 Financial instruments**_
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## _**2.11 Fund accounting**_
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Endowment funds are funds which are held on trust to be retained for the benefit of the charity as a capital fund.
Investment income, gains and losses are allocated to the appropriate fund.
## _**2.12 Taxation**_
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charity for UK income tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Income Tax Act 2007, Part 10 section 521 - section 537 or section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Page 10
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## **3. Investment income**
|Income from UK investment properties
Income from listed investments
Bank interest receivable
Total 2022|**Unrestricted**
**funds**
**2023**
**£**
52,800
29,932
1,350
84,082
76,252|**Total**
**funds**
**2023**
**£**
**52,800**
**29,932**
**1,350**
**84,082**
76,252|Total
funds
2022
£
49,243
26,973
36|
|---|---|---|---|
||||76,252|
|||||
## **4. Raising funds**
|Investment management fees
Investment property expenses
Total 2022|**Unrestricted**
**funds**
**2023**
**£**
7,047
7,367
14,414
11,948|**Total**
**funds**
**2023**
**£**
**7,047**
**7,367**
**14,414**
11,948|Total
funds
2022
£
7,625
4,323|
|---|---|---|---|
||||11,948|
|||||
Page 11
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## **5. Analysis of expenditure by activities**
|Charitable activities
Door 84
Total 2022|**Grant funding**
**of activities**
**2023**
**£**
19,495
4,000
23,495
24,843|**Support costs**
**2023**
**£**
10,280
-
10,280
10,847|**Total**
**funds**
**2023**
**£**
**29,775**
**4,000**
**33,775**
35,690|Total
funds
2022
£
30,690
5,000|
|---|---|---|---|---|
|||||35,690|
||||||
## **Analysis of support costs**
|Accountancy fees
Independent examination fees
Clerks honorarium
Bank charges
Trustee costs
Total 2022|**Activities**
**2023**
**£**
3,602
2,532
3,209
44
893
10,280
10,847|**Total**
**funds**
**2023**
**£**
**3,602**
**2,532**
**3,209**
**44**
**893**
**10,280**
10,847|Total
funds
2022
£
4,833
2,260
3,737
17
-|
|---|---|---|---|
||||10,847|
|||||
Page 12
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## **6. Analysis of grants**
|Grants to PCC St Martins and St Helens
Grants to Door 84
Total 2022|**Grants to**
**Institutions**
**2023**
**£**
19,495
4,000
23,495
24,843|**Total**
**funds**
**2023**
**£**
**19,495**
**4,000**
**23,495**
24,843|Total
funds
2022
£
19,843
5,000|
|---|---|---|---|
||||24,843|
|||||
## **7. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits (2022 - £NIL).
During the year ended 30 June 2023, no Trustee expenses have been incurred (2022 - £NIL).
Page 13
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## **8. Investment property**
|**_Valuation_**
At 1 July 2022
At 30 June 2023|**Freehold**
**investment**
**property**
**£**
**600,000**|
|---|---|
||**600,000**|
The investment properties were last revalued on 30 June 2020. The trustees are of the opinion that, as at 30 June 2023, the fair value value of the property is not materially different to the carrying value of £600,000. One of the trustees, Barry Crux, is a Chartered Surveyor and an Associate of the Chartered Institute of Arbitrators.
The historic cost of the property is £197,886 (2022: £197,886).
## **9. Fixed asset investments**
||**Listed**
**investments**|**Total**
**2023**|**Total**
**2022**|
|---|---|---|---|
||**£**|**£**|**£**|
|**_Cost or valuation_**||||
|At 1 July|938,326|**938,326**|1,067,017|
|Additions|98,731|**98,731**|144,435|
|Disposals|(51,650)|**(51,650)**|(144,853)|
|Revaluations|27,423|**27,423**|(128,273)|
|At 30 June|1,012,830|**1,012,830**|938,326|
|||||
|Investment cash|7,379|**7,379**|33,418|
|At 30 June|1,020,209|**1,020,209**|971,744|
|||||
|Historical cost|932,733|**932,733**|882,842|
## **Material Investment** s
There are no quoted investments that accounted for more than 10% of the total investment held at 30 June 2023.
Page 14
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## **10. Debtors**
|Other debtors|**2023**
**£**
**13,805**
**13,805**|2022
£
9,072|
|---|---|---|
||||
|||9,072|
## **11. Creditors: Amounts falling due within one year**
|Other creditors
Accruals and deferred income|**2023**
**£**
**43,500**
**13,518**
**57,018**|2022
£
43,500
16,912|
|---|---|---|
||||
|||60,412|
Page 15
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## **12. Statement of funds**
**Statement of funds - current year**
|**_Unrestricted funds_**
General Fund
**_Endowment funds_**
Endowment Fund
**_Total of funds_**
**Statement of funds - prior year**
**_Unrestricted funds_**
General Fund
**_Endowment funds_**
Endowment Fund
**_Total of funds_**|**Balance at 1**
**July 2022**
**£**
**876,870**
**775,355**
**1,652,225**
Balance at
1 July 2021
£
952,568
799,316
1,751,884|**Income**
**£**
**84,082**
**-**
**84,082**
Income
£
76,252
-
76,252|**Expenditure**
**£**
**(48,189)**
**-**
**(48,189)**
Expenditure
£
(47,638)
-
(47,638)|**Gains/**
**(Losses)**
**£**
**21,598**
**5,825**
**27,423**
Gains/
(Losses)
£
(104,312)
(23,961)
(128,273)|**Balance at 30**
**June 2023**
**£**
**934,361**|
|---|---|---|---|---|---|
||||||**781,180**|
||||||**1,715,541**|
||||||Balance at
30 June 2022
£
876,870|
||||||775,355|
||||||1,652,225|
## **Endowment funds**
Funds held on trust to be retained for the benefit of the charity as a capital fund, including the investment properties and listed investments.
Page 16
## **THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY**
## NOTES TO THE FINANCIAL STATEMENTS
_FOR THE YEAR ENDED 30 JUNE 2023_
## **13. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|Fixed asset investments
Investment property
Current assets
Creditors due within one year
**_Total_**|**Unrestricted**
**funds**
**2023**
**£**
839,029
-
152,350
(57,018)
934,361|**Endowment**
**funds**
**2023**
**£**
181,180
600,000
-
-
781,180|**Total**
**funds**
**2023**
**£**
**1,020,209**
**600,000**
**152,350**
**(57,018)**
**1,715,541**|
|---|---|---|---|
## **Analysis of net assets between funds - prior year**
|Fixed asset investments
Investment property
Current assets
Creditors due within one year
**_Total_**|Unrestricted
funds
2022
£
796,389
-
140,893
(60,412)
876,870|Endowment
funds
2022
£
175,355
600,000
-
-
775,355|Total
funds
2022
£
971,744
600,000
140,893
(60,412)
1,652,225|
|---|---|---|---|
## **14. Related party transactions**
The charity, along with the Charity of Leonard Thompson and The Potter Kirby Trust, is administered by the Feoffees of St Martins and St Helens Church, York.
There were no balances owed from or to the above related charities at either the current or previous year end.
A trustee of the charity, Mr B Crux, is a director of Barry Crux & Company Limited. During the year payments totalling £nil (2022: £1,200) were made to Barry Crux & Company Limited for services rendered.
## **15. Controlling party**
Throughout the year, the charity was under the control of the trustees.
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