Charity Togistration numbgr 254817 THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY LEGAL AND ADMINISTRATIVE INFORMATION Tru$te MrA J DLxon Mr B Crux Ms H M BuTfOWS Mr P D Widdicombe MrA J Barron Charity numb•r 254817 Prlncipal addrn¥• Falrfield The Mila Po¢kllngton York Y042 1TW Indèpendont oxamln8r Bretton Davis FCA of H8nlon8 124 Acomb Road York Y024 4EY 8ank•r8 Natlon41 We8lmln8ler l Market Placg Yofk Y01 gYH CCLA 85 Qu00n Vlclorlg Slraet London EC4V 4ET Investment adv180rs RBC 8r8wln Dolphln 12 Smrthfield Str881 London EC1A 98D
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY CONTENTS Pag? Truste¢s' report Slatemenl of tru8ts88' re8POt)sibililies Indep8ndont examlne¢8 report statèmènt of Ilnancl81 a¢llvlll&s Balancè sheet Note8 to the finan¢lal 8lalemenl8 7-14
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2024 The trustees present Iholr annual report and financial statements for the year ended 30 June 2024. The financial statements have been prepared in accordanc8 with the accountSng polldes set out in note 1 to the financial staloments and comply wllh the charity'8 governing document. the Charities Acl 2011 and 'A¢ntIng and Reportlng by Charities.. Slalemenl of Recommended Practlce applicable to charities preparing their accounts In accordan¢8 with the Financial Reportiri9 Standard apphcable in the UK and Republlc of Irgland {FRS 102)" (effective 1 January 20191. Obje¢tlvos and Nctlvltle The oblects of the charity are.. The repair and Maintenan ofth8 par15h church ol Sl. Martln., Tha Trlief of persons resident wllhln the aifja of benefit, who ar8 In n88d, hard8hlp or dlslro8B', The trustees may rolleve porsons In need by., Maklng gran18 or money lo them,. or Provlding or p8ylno for goods, servic88 or facllliles for them.. or Making grants of monty lo other persons of bodles who provld& goods, s8rvlc88 or fo¢111tros to thosa In need. In exceptional $@$ tho trustee8 may a881818omeona (who Is otherw188 quallfl8d) who18'. - Rè$ldonl outsld& the area of bengfll,. or Only lemporarlly resldent In the area of benefit, If and In BO far 88 thè Income of the Gharlly cannot be applled toward8 th& obl8ct spedfled in the flr818u cI8IJSO abovg, the Irusl883 moy apply il towards the repalr of thg ¢hurch&$ of Sl Helens and the Unlled Parlsh of York Sl Martln. Publlc benollt The Iru$188s have pold due r•gord lo guldonce18sued by the Chartty Cofflm1581on In d8dding what actlvbllg9 the ¢harily should undertoke. The Charity has gslablished Ils grant making polScy lo achi6ve ils oblects for Ihe publlc b8ngfl1. Tho Charlty invlleg applications for funding. The applle•lions arg Tevlewed against the crilerla a$ 891 out in the Dèed. Achievemonts and rfornian¢È SlgnKicant actlvill&s and£¢hi8vom9nts ag81nst objecllvg$ In the current yearthe Iruslee8 have awarded gr8nls of £10,125 (2023.. £23,495) in exerds• of their di¥cretlon. Flnanclal rnvigw During the year, the charity has an excess of incomè over expendllure of £49.354 {2023.' £35,892}. Taken together with the g8ins on inve$lment5 of £93,901 (2023.. £27,423}, this has resulleil in an increase In funds of £143.255 (2023.. £63,316}. Total funds carried foward amount lo £1.858,796 (2023.. £1,715,541). which comprises the endowment fund of £797,97912023'. £781,180) and unrestricted funds of£l,060.81712023= £934.361}. Golng concem After making approprfale enquirfos, the Trustees have a reasonable expectation that tho charity has ad$quale resourcas lo continue in operational existence lor the foreseeable luture. For this roa50n. they conllnue lo adopt the going concem bas1$ in preparing ihe finandal stslements.
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Res8rvespolioy 11 Is the pollcy of the charity to maintain funds at a level commen3urale with ils obSigation8. The airn is lo prowde sufficient funds lo cover management and administration c051s and lo respond lo applications for grants which arise from lime to time. The invèstments are held to generate Income lo fund th& charitablg aolivi11os. ThgS9 aro Ihergfofa oxduded from freè reserves. The free reserves of tho d)aTty as at 30 Jun& 2024 arfy £124,499 {2023.' £95,332). Pl*M for futur• p•iiod$ The prlndpal objects of the Charlty relate lo the malntenance and repalr of the ChUh85 of Sl Martln and Sl Helen. Quinquennlal r&ports delalllng the work to be carried our are prepared. Funds are advanced to the PCC a5 they are requested 8S WOTk is carried out. The funds relainod fgflecl the rgqulremenls ¥el out in the qulnquennial reports and Include a reserve for posslble addlllonal costs and addltlonal Wofk tho need for whlch may become appaTenl as wort 1$ TrIod out. The Feoffeo8 wlll contlnug to Segk and review granl appllcallon8 that are cornpalible wllh the object8 of thè tharfty. stru¢tur•i governancè and managomont Tha Parish Fèoffmènl and Ann Wilghl Charlty Is govemed under the Scheme of 27th Aprll 2005 and managed by tho trustees 8t regular meellngs. The truBlee8 mget four Ilmes per annum and delggate Iha management of the day to day runnlng of the charty's affair8 to the cleth. The truste8$ who served durlng Ihg ygaT and up lo thé dalè of slgnalure of thè financlal 818lem8n18 were.. MrA J Dixon Mr8 Crux Ms H M Burrow8 Mr P D Wddicombe MrA J Barrgn MrA M Sinclair IR¢$luned 24 July 2024} R8enHtment and appolntmont oftmstaes Appointment of Irusloes Ss governed by the Con8lllullon, Tru5to9s are rerrulled and appolnt¥d after a car9ful revlow of IhB neod$ of the Chorily and the skills and expertlse whlch respecllve nEW tru81e88 ¢an provlde. TNsl888 are encouraged lo attend 8xt8rnal trustee Iralnlng 8e8¥ion¥ that are freety available in the reglon. The trustees, report wa8 approved by tha Board of Tru8lee8. MT A J Dixon Tru8ts0 25 October 2024
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 30 JUNE 2024 Th¢ tru8lee8 are responsible for preparing the Truslee8' Report and the financial 8talem•nls In accordance with appllcabl8 law and Unlteil Klngdcm Accountlng Standards (United Kingdom Generally Acceple(l Accounting Praclicel. The law applieAbl8 to charities in England and Walas rgqulres the trustee$ lo propAre flnancial slalements for each financial year whlch give a true and fair view ol thé slAle of affair¥ of Ihg charfty and of th8 ino)ming resou8$ and appllcalivn of resourc8s of the Charity for that yoar. In preparing these ffinandal sl818rn8nls, th8 truste98 are requlrad to.. select sullablè accounting polldes and then apply them con8islenlly', observe the methods and principles In th$ ChaTille5 SORP., make judgemènts and esllrnalg5 that are reasonable And prudent,, stsle whether appllcabl8 accounfjng Standards have baen followod, sublect to any malorlal departur85 dls¢losod and explalned In th8 fflngndal 8talgrngnl¥'. and prepare the financlal slalèments on the golng concem b8818 unless It18 InApproprfate to pretyurno Ihat the ch8rlty wlll continue In opgralion. The Irust••S 8rè r8spon81ble for keeplng sufflclènt a¢¢ountln9 r•¢ord8 that d16do¥g wllh reasonable accuiaw 01 ony Ilme the flnancSal position ol the charrty and anable them lo ensure that the finandal stalem8nts comply wllh the Charllles Act 2011, the Charlty IA¢¢ounl8 and Reports) Regulatn¥ 2008 and the pro10n8 of th8 trust deed. They ar& al¥0 Te8pon¥Sble for safeguardlng the ass8ls of Ihtr charity and hence for taklng reasonable steps for the prevtnlK*n and dolecllon of fraud and other IrgulalIes.
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY I rèport to the trustees on my exarnination of the financial slalemenls of The Parish Feofffflenl and Ann Wrlghl Charity {Iha chBrilyl for tha year 8nd8d 30 Juna 2024. Re8ponslbllltlo$ and basls of report As the trustees of the charily you are r88ponslble for the PTeparalion of the finandal 8tst8m8nts In accordance with the requlrements of the Charllies Act 2011 (t 2011 A¢t). I report in résp8d of my 8xamin81ion of the chgriV5 finBnrAal statements cBrriad out undèr Sèctitin 145 of the 2011 Act. In carrying out my èxamination I have follow8d all Ihfr appIlble Direclions given by the Charlty Commission under soctlon 14515)Ib} of thg 2011 Ad. Ind8pend•nt examlnge$ statfjmollt Your attentson is drawn lo the fact that the charity hgs pr8par8d financial slat8monls In accordance with Accounting and Reporting by Chgrili85 preparing Iheir account$ in accordance with the Finan¢ial Reporting Standard applicable In the UK and Republic of Ireland {FRS 1021 in preference to the Accounting and Reporting by Chariti88.' Slalemenl of Recornmended Practice issued on 1 April 2005 which is referred to in th• 8xtanl regulations bul has now been wlthdr8wn, l understand that Ihls has been done In order for flnanclal statements lo provlde a true and lalr vl8w In accordance wlth Generally AccepledAccounllng Practice effective for reporting pertod8 beginnlng on or after 1 January 2015. I have completed my examinallon. I confirm that no matters ha corn& lo my attontlon In conn6ctlon wllh th• exarnlnatlon ging mg cause to ballgv8 that In any ma18rial rosp8et' a¢¢ountlng re¢ord8 were not kept In respect of the chaTlly as requlr•d by sedon 130 of the 2011 Act,. or Iho flnanclal slalemenls do not accord th those records., or the flnancSal 61alemenls do not comply with the applicable rgqulrernenl$ nCernIng the fomi ond con19nl gf aG¢ounts $9t out in the Chari10è8 (Accounts and R8portsl Regulallons 2008 other than any raqulremenl IhBI the accounts glve a truo and fair VI which15 nol a rnatleT ctsn$idtrred as part of an Ind•p*nd8nt &mn?110n. I have no concern8 and have com& a¢ross no other matters in connection wllh the examlnafjon lo whlch attentlon Should be drawn in th18 report1n order lo enable a proper understanding of Ihg financial slalement5 to b8 reached. Brotton Davls FCA of Henton¥ 124 Acomb Road York Y024 4EY Dalgd.. 25 Odober 2024
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 Unrestrlctod Endowmont funds fund• 2024 2024 Total Unr•8trict•d Endowmont funds funds 2023 2023 Total 2024 2023 Nots In¢ome from: Inv8slmen18 80,888 80.888 84,082 84,082 Total Incoma 80,886 80.888 84,082 84,082 Expendlluro on.. Raising funds Charllable a¢tlvllles 11,231 20,301 11,231 20.301 14,414 33,775 14,414 33,775 Total *XndIturn 31,532 31,532 48,189 48.189 Not gainslllos$g81 on Invostrngnls 11 77,102 18,799 93,901 21,598 5,825 27,423 Not Income and movèment In funds 126,458 16.799 143.255 57,491 5,825 63,318 Rgconclllotion of funds: Fund b8lances al 1 July 2023 934,361 781,180 1,715,541 876,870 775,355 1,852.225 Fund balAn¢•J at 30 June 2024 1,080,817 797,979 1,85e,798 934,381 781.180 1,715.641 The stalernenl of finonclal activllles In¢lud&g all galns and lossès recognlsgd in the year. All Income 8nd expendtture derlve from conlSnulng acllvlues.
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY BALANCE SHEET AS AT30 JUNE 2024 2024 2023 Notas Flxed a¥ts Investment propaty Investments 13 14 600,000 1,134,297 600,000 1.020,209 1.734,297 1,620,209 Current a$•ets Debtor8 Cash al bank and In hand 15 13,197 187,270 13,805 136.545 180,407 152,350 Credltorn.. amounts falllng du• wlthln one year 18 155,9681 (57,018) N•t curvent a$•et• 124,499 95,332 Tolal u••t¥ le•• ¢urrnnt114bllltle8 1,858,796 1.715.541 Th• fund• of tho charfty Endowrngnl fvnds Unreslrioted funds 17 18 797,979 1.060.817 781,180 934,381 1.858.796 1,715,641 Thè flnancl818latsmonts woro approved by the trustees on 25 October 2024 MrA J Dlxon Truet
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 AontIng policies Charity Inforniation The Parish Feoffm8nl and Ann Wrtghl Charily is an unincorporatgd charfly r8gislere(l in England and Wales. 1.1 AGcountlng ¢onventlon The financial $talements hav8 b8én prepared In accordanc4 with the tharlty's schame dated 27 Aprll 2005 the Charities Act 2011. FRS 102 'The Financlal RepDrting Standard 4pplicable In the UK and Republ1¢ of Ireland. I'FRS 1021 and the Char1Iè5 SORP 'Accounling and Reporng by Charili•s= SIAltrmenl of Recommended Pradice appllcable lo charili8s preparing their accounts in acrdanCe with the Flnancial Reporting Standard applicable In the UK and Rep¢Jblic of Ireland IFRS 102)" {8ffgCtlve 1 January 2019). The charity is g Pubfic Benofil Enllty a3 defined by FRS 102. Thè charity has taken advanlago of the pro%A31on¥ In the SORP for churltleu not to prepare a Stalement of Cash Flows. The tlnanGlal slal8menls have departed from the Charities {Accounts and Reports) RegulalSons 2008 only to the extent required lo provlde a true and falr vi8w. Thls departure hB8 involved followlng th& Slalgment of Recommended Practs¢e for chafilies applying FRS 102 Talh&r than the verslon of tha Statement of Recomm8nded Pralc8 which is referred lo in the R6uulalion$ bul whith has Bince been wSlhdrawn. The flnanclal 8latements are prepared In slerllng, whSch Is the luncuonal currency ol thè chwity. Monetary amounts In these ffinfjnclal 8ts1èrn8n15 are rounded to the near851 £. The ffnanclal slalemen18 have been prèpared under the hlslorical cost conv¢nllon, modlfled lo Indudo the revaluallon of Investment propgrties and c8rt8ln financial Inslrum8nl& al falr value. Thg prlnclpal accounllng pollcles adopted aro Sel tsul below. 1.2 Golng conc•m At the lime of approvSng Ihg flnan¢ial statements, the Iruslep8 hava a reasonable expectatlon that the charlty has adequate re8ourc&s lo continue In operational exlslence for the foreseeable futur8, Thus tho Iru$lo08 continue to a(topl the golng concgrn bas18 of accounllng In preparlng tha flnandal Slalernonls. 1.3 CharllAblo fvnd• Unrestricted fund8 are avgblable for us8 41 the dlscretlon of tha INstee8 In furtheranc8 of Ihelr chaTKable oble¢lives. Endowment funds ale subject lo specific condttlons by donor8 that the capllal must be malntalned by th? charity. 1.4 InGome All income i¥ recognl$¥d once th8 ¢harity has enlillemenl lo the Incorno. it is probable that the incom8 wlll recalved and the gmounl of ino)me receable can be measured réllably. Income lax recrjverable In relation to Investment Income 1$ recognlsod al the limo the Irweslmenl incorne18 recoivable. Interè31 on funds held on deposil Is Induded when re1vabl@ #nd the amount can bo measured reliably by the arity.. this is nornially on nolificalion ol the interest paid or payable by the insliluuon with whom the fund8 are deposited.
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accountlng poli¢10¥ Icontlnugdl 1.5 Expandr• Expendllure Is recognlsèd once there Is a legal or constructive obligation to transfer economic benefit lo 8 IhSrd party, Itls probable that a transfèr of economic benefits wlll be roqulred In settlemènt, and the Bmount of the obligation can be mgasurod rali8bly. ExpendilLwg18 da¥slfied by admly, The 15 of each 8Ctlvlty are Tnade up of Ihg total of dlrecl eos15 and shared costs, Including support Costs Involved In undertaklng each activity. Direct costs attTibulable lo a single activity 8r8 8llo¢aled directly lo that actlvlly. Shared costs whlch contribut8 to more than one aclSvlty and support costs which are not attributable lo a 81ngle activity are apportioned béen those 8¢livilies on a basis onslst8nt wllh the use of resourcas. Centr818taff costs are allorAted on tha basls of Ilme sp8nl, and depr8cialion charges are allocated on the portlon of the asset'8 use. Expendllure on raloSng fvnds includes all expenditure Incurred by the charlty lo r818ed fund8 for Ils ¢harrt8ble purpo$e$ and Indudes c0819 of all fundral8lnu aeti%All8s, evenl$ and nonwcharllable Iradlng, ExpendSlure on charitable aGtlvllle$ Is IrKuTred on dlrectty undertaking th8 actlv5Ues whl¢h further the d)arlty'$ objective8, 83 well a8 any as$oGlalod 8UPPOrt costs. Grants pgyable are chgrged In the year when the offer l¥ made excgpl In Ihosa easay w8re the offgr 1$ ndilional, such grants being rècognlsed as ¢xpondlturo when the condlllon5 attachlng are fulfilled. Grants offered subSe¢l lo condltlonB whlch havo not b9en met al the year end are noted as a MmItMent, bul not accrued as expendlIu. All expendllur8 1$ Inclusivo of Irrecov8rablg VAT. 1.6 Inv••iment property Investment prop•rty, which Is propety held to eam renlalj andloT lor capital appreCaOn. le Inlllally r&cognisod at cost, whlch Indudag thè pur¢h4se co81 and any directly attrlbuiable expenditure. Sub$oqugntly 11 is measured at falr value at thè rèportlng ènd date. Tha surplu8 of dof1 on r9valuallon 1$ recOgnid in profil OT1088. 1.7 Flxed a8Mt Invo•tm•nts Flxed asset investments aro Initially measured al transaction price excluding ITansactlon co¥ts. ond are 8ubsèquenlly moa5ured al fair value al each reporting dale. Changes in fair valuo ale rgcognls8d In net Incom81lexp8ndiluro) for th8 y8ar. Transacllon costs are 8xp8n58d BS incurred. 1.8 Cash and cash •qulYalènts Cash and cash equival&nls includg cash In han¢J, dgposlls held al Gall th banks, other short-lgmi Ilquid Investrnents wllh orfglnol malurltles of Ihiee months or le88. and bank overdraft8. Bank overdrafts are Bhown within borrowings in curTent liabiltho¥. 1.9 Flnan¢lJl in$trumonts The charity has 818ctod to apply tha provisions of Sedon 11 '8aslc Flnanclal Instruments, and Section 12 'Olhèr Flnanclal Instruments Issuos, of FRS 102 to all of financlal Inslrumenls. Flnanclal InBlrumenls are recogni5ed in the ¢harity$ balance shgot whgn the charlty becomes party to the conlraclual provisions of Ihe instrumenL Financial assets and Ilabllllles are offset, with thè nat amounts PT8s8ntod in th¢ financlal Statements, when there is a18gally enforceable righl to sel off the recognised amounts and there 1$ an Intention lo settle on a net ba81s orto re8lls8 thè asset and satue the Ilabllty slmulianeou81y.
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accounting policios {Contlnuodl 8a$lc Ilnan¢lalassets 8asSc financial assets, which includ8 debtors and cash and bank balance8. ar& Ini1Sally measured at transadon price Includlng transaction costs and are subsequently caTried al amortised cosl uslng the effective inleresl method unless the arrangement con815lules a finandng transaction, where the tran$acUon 18 measurpd al the Present value of the fijluro r8ceipls discounted al a market rate of inlereBI. Financial a¥$el¥ Classifiod as receivable within one year arg not amortised. Baslc tlnan¢lal Ilablllties Baslc financial Ilabllllies, Includlng cTrdilor¥ are Sni158lly re¢ognl$ed 81 tr8n8adon prfce unlos$ Ihg Brrangemenl conslkutes a financing Iran5a¢llon, where the debt instrument Is measured al the present value of th8 future payments discounted al a markal ral8 of Interest. FlnancLal Ilabilltias classified as payablts withln one year are not amortised. Debt Inslrum¢nls are 5ubsequentty carrled al amortised cost, uslng the ¢ffectlvo Interest rotè method. Trad8 credllors obllgalon8 to pay for goods or s0ceS that have been acqulr8d In the ordlnary cour88 of operations from suppli8r8. Amounts payable are clas$Sfied as current Ilabllllles If payment 1$ due wllhln one year or less. If not, they are presented as non-current Ilabi1511es. Trade creditors are recounisad initially al Iransa¢lion prfee and Bubsgquénlly measur8d al amortlsed cost uslng th8 &ffe¢lfvo Inleresl method. D¢recognltlon of flnancl•l Ilablllllos Financial liabili1Ses Arg derecogn13ed whèn the charlty's contractU81 obligauons explro or are di8charg&d or canlIed. crftlcal accounting 08ttmat•s ond ludg•men In the applicallon of the oharfty's accounllng polide8, Ihg trustee¥ 4re requlred to make judgements, estlrnatos and a$$umpllon5 about thè carrying amount of assets and Ilabllllies that ore not readily apparent from oth8r sources. The 8stimale$ a55ocialed assumpllons are ba8ed on historical gxpgrlonce and other factors that •ffj ¢on¥tdeTed lo be relevant. Adual results may dlffer from thes8 88llmales. Tho eslimale8 and underlylng 2ssumpllon8 are reviewed on an ongolng basls. Rgvislons lo accounting osbmales arg recognised In the porlod In which the estsmalg Is rovised where the rèvlslon affects onty that perfod, or in the period of the VIsion and futur8 P9Tiods whore the revision affec15 both current and fuluro perfods. In¢om• from invostmgnt• Unr•itrictod Unrn8trlcted funds funds 2024 2013 Rental Incom8 In¢omo from1151ed Onvoslmenlg Interest r&ceSvable 50,932 26,066 3,88B 52,800 29,932 1.350 80.886 84.082
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Exp•ndituro on rn18lng fvnds Unre8tri¢tAd Unrostrlcted fund¥ funds 2024 2023 Fundral$ing #nd publiclty Invtsslment property expenses Invèslm8nt m8nagemenl fees 3,876 7,355 7,307 7,047 11,231 14,414 Expendlture on chllrft•bl• •GtSvWg¥ Grant Grant lundlng ol fundlng of •¢tlvlti ¢tlvltles 2024 2023 Dlrnct co¥ts Grant fvnding of actlv5tlg5 (sg8 nots 01 10,124 23,495 Share of •upport and gov•manc• ¢o•ts14ts nots 7} Support Govgmance 3,831 4,146 6,134 20,301 33,775 Analy$l8 by fund Unreslrlcted funds 20,301 33,775 Grants p8yabl• Grnnt Grant funding of fundlng of actlvltlBs actlvltles 21124 2023 Grants to InslrtLrtlon8'. Grants to PCC St Martin$ 8ThJ Sl H818ns Grants to Door 84 10.124 19,495 4,000 10,124 23,495 10-
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Support Costs allocated to a¢vItIes 2024 2023 Clerks honorarium Bank ch8rge8 Trustee ctssls Insurance Govemance co8tB 3,260 22 3.209 44 893 349 8.548 8,134 10,177 10,280 Analy8od between: Grant fundlng of actlvllles 10.177 10,280 N•t mov•mont In fund• 2024 2023 Tha net movgmgnl In fL¢nd818 slated after chargSngl(uedltlngl'. Feès paygblg for th? Indep8ndont oxamlnallon of th8 charlV8 f4nanclal slalemenls 1,950 2,532 Tru8t•• None of the trustees lor any pfyr80n8 connected wllh Ihgml rec&lvèd any remunorallon or benefl18 ftom the tharlty durlng the year. No Iru8lee expen8¢$ have been Incurred durlng the year. 10 Employfy•• The averaga monthly number of employaes during the yearwas.. 2024 Numb8r 2023 Numbor Total There were no employees whos& annual remuneration was more than £60,000. 11
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 11 Galns and Iosso5 on invostmoAts UnTestrlcted Endowment fund9 funds 2024 2024 Total Unrestrlctsd Endowment funds funds 2023 2023 Total 2024 2023 Galnslllos8e81 arfslng on.. R8v8luatlon of Investments Sale of Inve8lmgnts 83,960 {6,858) 18,293 (1,494) 102,253 18,352) 21,498 100 6,798 27 27,298 127 77,102 18,799 93,901 21,598 5,825 27,423 12 Taxatlon Thè ¢harfly18 exempl from tsxallon on Its actl%Alies because all Ils Income Is appll8d for char5tsble purposes. 13 Inv••lm•nt prop•rty 2024 Falr valug Al 1 July 2023 and 30 Junè 2024 600,(M]O The Inveslmont PTQPOrtio¥ w¢re1881 revalued on 30 Jung 2020. Tho Iru¥1995 ar9 of Ihg oplnion th9188 at 30 June 2024, the falr volu& of th8 property18 not materially diffgrenl lo the carylng valuè of £600.000. On& of the Iru$tg98, Barry Crux, is a Ch8rt8red Surveyor and an Assoclale of the Charterod In¥lilule ofArbllTalor8. The h18torlc cost ol the property l¥ £197.88812023: £197,886). 14 Flxod ••t Inv•Jthi•nt• LIBted Invostments Ca8h In portfollo TotAI Co$t or valu8tlon Al 1 July 2023 Addltlons Valuation change8 Cash movemgnl Disposa18 1.012,830 275.383 102.253 7,379 1.020.209 275,363 102,253 12,569) (260,959) 12,$69) 1260,9591 At 30 June 2024 1,129,487 4,810 1,134,297 Carrylng amount AI 30 June 2024 1,129,487 4,810 1,134,29Y At 30 June 2023 1,012.830 7,379 1,020.209 12-
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 14 Flxed as¥¢t Inve¥tments IconUnuod) Flxad a••¢t inveBtments rovalued Inveslrnenls have been revalued lo falr value as a130 Jijne 2024. The historic ¢ost of the Inveslmonts W8S £947,07912023.. £932,738}. 18 D8btorn 2024 2023 Amounts falling du• withln one year: Other debtor5 13,197 13,805 16 Credltorn: •mount• falllnB du? wlthln ono ar 2024 2023 Olhgr credllors Accruals 8nd deferred income 43,500 12,468 43,600 13,518 55.988 67,018 17 Endowm•nt fund• Endowrnenl lund8 raprasanl a$Bel8 whlch mu8t ba held pgrrnanenuy by thé charlty. Incom8 arf8lng on the endowment fund8 can be used in accordanc8 with tha obj8cts of th8 charfty and18 Inelud8d As unr081ricled Income. Any capitol galns or losses arising on the assots form part of the fund. At 1 July 2023 Galn# and lo$¥es At30 Jung 2024 POrnn+nt •ndowm8nts 781,180 16.799 797,979 Prevlous y•ar: At l July 2022 Giln• and At 30 June 10•8es 2023 Pemian•nt 8ndowments 775,355 5,825 761,180 13
THE PARISH FEOFFMENT AND ANN WRIGHT CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 18 Unrnstrfcted fvndj Tho unreslrtoted funds of the charity comprlse the unèxp8ndad balances of donatlons and grants whlch are not subjeGt lo speclfio conditions by donors and grantors as lo how they may b0 used. These includ8 designated funds wh1(* have b&&n S a$ld8 out of unreslrlcied funds by the tru$t80s for spedfi¢ purposes. At 1 July 21123 Incomlng re60urces Resou•1 expended Galn$ and At 30 Jun• losses 2024 Gener81 fund8 934,381 80,686 131,532) 77,102 1,060,817 Prnvlou¥ year: At l July 2022 In¢omlng ro8ourc•8 R•8our¢•• exp•nd•d Galn¥ and At30 June lo•••s 2023 Genèral funds 876,870 84,082 148.1891 21,598 934,381 19 of nèt a•#•ts b•twoen fund• UnreBtrl¢t•d Endowm•nt fund• fundB 2024 2024 Total 2024 At 30 Jung 2024: In$tent propertl•8 Inv8slm8nts Currenl as5e191(Ilabllllle81 800,000 197.979 600,000 1,134.297 124,499 936,318 124,499 1,060,817 797,979 1.858.796 Unreutrlcted Endowment funds funds 2023 2023 Total 2023 At 30 Jun• 2023: Inveslm9nl propertles Inveslmanls Currnnt OSSgtslOIabllitiI eoo,000 181,180 800,000 1,020,209 95,332 839,029 95.332 934,361 781.180 1.715,541 20 Related party tran$actkms The charity, along wllh Ihe Charity of Leonard Thompson and The Potter lfjrby Tr(J8t, is admlnistered by the Feoffegs of Sl Martln8 and Sl Helens Church. York. There were no balances owed from or to the above lated charillès at either the current or previous year end. There were no further d19c108ab related party transactlons dudng the year12023.' None). 14-