Charity Registration No. 272788 The Sylvia & Colin Shepherd Charitable Trust Annual Report And Unaudited Financial Statements For The Year Ended 5 April 2024
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs S C Dickson Mr D J Dickson Mr H Dickson Miss L Dickson Miss S Dickson Charlty number 272788 Registered office 69 Holgale Road York Y024 4AA Independent examiner Alan Sidebottom FCA Azets Audit Services Limited Triune Court Monks Cross Drive York Y032 9GZ Bankars HSBC Bank plc 13 Parfiamenl Street York Y01 8XS Soll¢ltors Vvrigleys Solicitors LLP 3rd Floor 3 Wellington Place Leeds LS14AP
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST CONTENTS Page Trustees, report Stslemenl of trustees. responsibilities Independent examinerfs report Statement of financial activities Balance sheet Notes lo the financial statements 8-15
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 5 APRIL 2024 The trustees present their annual report and financial statements for the year ended 5 April 2024. The financial slalemenls have ken prepad in accordance with the accounting policies set out in note 1 to the financial slalemenls and comply wth the the trust's goveming document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Slalemenl of Recommended Pra¢ti¢e applicable lo Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. Reference and administrative Information The trustees in office throughout the year were.. Mrs Sara Dickson Mr David Dickson Miss Lucy Dickson Miss Sophie Dickson Mr Harry Dickson The charity's registered address is PO Box 730, York, Y01 OHT. The charity's agents and advisors were: Bankers HSBC Bank plc 13 Parliament Street York Y018XS Solicitors igleys Solicitors LLP 3rd Floor 3 Wellinglon Place Leeds LS14AP Independent examiner Alan Sidebollom FCA Azels Audit Services Limited Triune Court Monks Cross Drive York Y032 9GZ Public benefit The trustees have complied wth the duty in Section 17151 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission in respect of public benefit. Fundraising The organisation does not actively fundraise from the public, no professional fvndraisers or commeraal participators are engaged. Vvnere donations are received this is on a voluntary basis from individuals and is not actively sought. Fundraising in the Charity sector has been regulated by the Fundraising Regulator (FRI since 2015 bul the organi5alion is not specifically registered. The Trustee Board 15 not aware of any failure by the Charity to comply with this regulation and no complaints have been received in relation lo any form of fundraising.
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Objectives and activities The Trust Deed obliges the trustees lo apply income lo such charities and for such charitsble purposes and in such proportions and in such manner and subject lo such terms and wndilions as they may determine. The trustees respond lo written requests for donations from a ride range of charities and the donations made are set out in the Schedule of Donations on pages 13 10 15 of the financial statements. The trustees regularly discuss the policy of donations. The Iruslees believe that the donations fulfil the Charity's public benefit requirement. The Iruslèes are empowèred to invest the Charity's funds as they may think fil. During the year the trustees committed lo 100 grants of £1,000 or more and 119 under £1,000. Achievements and performance The level of retum on investments has remained consistent allowing the charity to continue ils donations policy. During the year the trustees gave priority to organisations in York and North Yorkshire and the level of requests from these was relatively high. Flnanclal revlow Investments are shown in the balance sheet at market value, expt for unlisted securities, which are valued al eslimaled cost at date of gift. The shares shown as unlisted securities under note 4 on page 11 arè shares in private company and their Iransferabilty and yield are under the direct control of the directors of that Company", consequently the Iruslees take a conservative view as lo the lianCe they can place on the shares generating good regular return by way of dividend, and the markelabilily of those shares. The charity has made a surplus of £65,37212023.' deficit- £342,999) for the year. The trustees are empowered to pay or apply the trust fund as they may from time to lime determine. The trust holds unrestricted reserves of £773,942 12023 - £708,570) to enable it lo generate funds to apply for charitable purposes. Free reserves al the year end stood al £470,30012023 - £404,928) which excluded £303,64212023 - £303,6421 of unlisted investments as these are not readily saleable. The trust has established a policy of making a large number of regular small grants over a wide range of organisalions. In order lo continue this policy without inlerruplion. the level of reserves has been sel lo generate suffi'cient in¢ome into perpetuity. The level of reserves is reviewed regularly lo ensure they fall in line with the Charity's requirements. The trust's principal source of funding is from the return on its investments. The key objectives of the trust have been supported in the year to 5 April 2024 as 98°/o of the trust's expenditure related to charitable donations. 11 is the policy of the the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent lo beheen three and six month's expenditure. The Iruslees consider that reserves al this level will ensure that, in the event of a significant drop in funding, they will be able to continue the the Irusl's current aclivilie5 while consideration Is given lo ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. The trustees have assessed the major risks lo which the the trust is exposed, and are satisfied that systems are in place to mitigate exposure lo the major risks. Plans for future pèriods The charity plans to continue the activity'es outlined above in the forthcoming years, subject to satisfactory returns on investments held. StruUre. governance and management The Charity's governing document is ils Trust Deed dated 31 May 1973, as amended by a resolution dated 10 March 2015. The charity registration number is 272788. The appointment of trustees is under the control of the trustees already appointed. No trustee received any remuneration or was reimbursed any expenses during the current or previous year.
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 The trustees, report was approved by the Board of Trustees. Sara Dis*son Mrs S C Dickson Trusteg Mr D J Dickson Trust&9 21/1012024
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2024 The Iruslees are responsible for preparing the Trustees, Report and the financial statements in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Pradicel. The law applicable lo charities in England and Wales requires the Iruslees to prepare financial slalemenls for each financial year which give a true and fair view of the stsle of affairs of the the trust and of the incoming resources and application of resoLJr¢es of the the trust for that year. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently", observe the methods and principles in the Charities SORP", make judgements and eslimales that are reasonable and prudent., slate whether applicable accounting standards have been followed, subject lo any material departures disclosed and explained in the financial statements,. and prepare the financial slalements on the going concern basis unless il is inappropriate lo presume that the charity will continue in operation. The trustees are responsible for keeping sufficient aoUntIng records that disclose with reasonable accuracy at any time the financial position of the the trust and enable them lo ensure that the financial statements comply with the Charities Act 2011, the Charity IAccounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST I report lo the trustees on my examination of the financial statements of The Sylvia & Colin Shepherd Charitable Trust (the Irusll for thè year ended 5 April 2024. This port is made solely to the Charity's trustees, as a body, in accordance with Section 145 of the Charities Act 2011. My independent examination work has been undertaken so that I might slate to the Charity's trustees those matters l am required lo slate lo them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law. I do not accept or assume responsibility to anyone other than the Charity and the Charity's trustees as a body, for my independent examination work, for this report, or for the opinions I have formed. Responsibilities and basis of report As the Iruslees of the the trust you are responsible for the preparation of the financial 5ts1emenls in accordance with the requirements of the Charities Act 2011 Ilhe 2011 Acll. l Teport in respect of my examination of the the trust's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examinerfs statement Since the the trust's gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection wth the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the the trust as required by section 130 of the 2011 Act,. or the financial statements do not a¢cord with those re¢ords,' or the financial statements do not comply wth the applicable requirements ConMing the fomi 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 ConmS and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the financial slalements lo be reached. Alan Sidebollom FCA Azets Audit Services Llmlted Triune Court Monks Cross Drive York Y032 9GZ Dated". 21/10/2024
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 Unrestrlcted Unrestrlcted funds funds 2024 2023 Notes Income from: Investments 480,768 437,538 Ex enditure on: Charitable activities 426,021 740,229 Net gainslllossesl on investments 10,625 140,3081 Net surpluslldeficitl for the year and net movement in funds 65,372 1342,9991 Fund balances al 6 April 2023 708,570 1,051,569 Fund balances at S April 2024 773,942 708,570 The ststemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies.
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST BALANCE SHEET ASAT5APRIL 2024 2024 2023 Notes Flxed assets Investments 725,039 714,414 Curr&nt assets Debtors Cash at bank and in hand 1,686 445,937 1,686 422,010 447,623 423,696 Credltors: amounts falllng due wlthln one year 1118,7201 1104,5401 Net current assets 328,903 319,158 Total assets less current liabilities 1,053,942 1,033,570 Credrtor5: arnounts falling due after more than one year 1280,0001 1325,0001 Net assets 773,942 708,570 Incomg funds Unrestricted funds- general 773,942 708,570 773,942 708,570 The financial stslemenls were approved by the Trustees on . 21/1012024 Sara Di6Rso Mrs S C Dickson Truste8 Mr D J Dickson Trustee
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Accounting policies Charity inforniation The Sylvia and Colin Shepherd Charitable Trust is a Charity established by Trust Deed dated 31 May 1973, as amended by a Scheme dated 10 March 2015, and registered with the Charity Commission under Charity number 272788. The Charity's principal office address is 69 Holgale Road, York, Y024 4AA. 1.1 Accountlng conventlon The financial statements have been prepared in accordance with the the trust's governing document. the Charities Act 2011, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. I'FRS 102.1 and the Charities SORP Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. The the trust is a Public Benefit Entity as defined by FRS 102. The the trust has taken advantsge of the provisions in the SORP for charities not lo prepare a Statement of Cash Flows. The financial slalements have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterfing, which is the ftjnctional currency of the the trust. Monetary amounts in these financial statements are rounded to the nearest £1. The accounts have been prepared under the historical cost convention. modified to include the revaluation of Certain financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Golng concern The Trustees have al the time of approving the financial statements a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus they continue lo adopt the going concern basis of accounting In preparing the financi81 stslemenls. 1.3 Charltablg funds Unrestricted funds are available for use al the discretion of the trustees in furtherance of their charitable objectives. 1.4 Income Income is recognised when the the trust is legally entitled to it after any performance conditions have been mel, the amounts can be measured reliably, and it is probable that income will be reived. Dividend and interest income from investment funds is included when receivable and the amount can be measured reliably by the charity,. this is normally upon nolificalion of dividends and interest paid or payable by the Fund Manager. 1.5 Expenditure Expenditure (excluding grants which ac0ved below) is included in the SOFA on an accruals basis. Charitable activities indude support expenditure associated with the administration and issuing of grants.
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 5 APRIL 2024 Accountlng pollcles Icontlnuedl 1.6 Flxed asset Investments Listed investments are stated at rnarket value at the balan sheet date. The listed investment portfolio is held lo generate returns and gains for the charity and accordingly is designated as fair value through profil and loss I"FvfpL"l. Under this designation the portfolio is revalued al each period end lo its fair value, as determined by referen lo quoted market prices and values determined by independent fund managers, wth any gains or losses going through the SOFA. Unlisted investments are initially measured at cost and are assessed for impairment al the end of each reporting period. These shares generate a good regular relum by way of dividend and their yield generating ability has remained relatively consistent over recent years. There has been no indication of impairment of Ihe unlisted securities at the year end. 1.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held al call with banks. other short-lerm liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown thin borrowings in current liabilities. 1.8 Flnanclal Instruments The the trust has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of Ils finanaal Inslrumenls. Financial instruments are recognised in the the Irusl's balance sheet when the the trust becomes paty to the conlraclual provisions of the inslrumenl. Financial assets and liabilities are offset. with the net amounts presented in the financial statements. when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or lo realise the asset and setue the liability simultaneously. 1.9 Taxallon The Sylvia & Colin Shepherd Charitable Trust is a registered charity and as such is a charity within the meaning of Schedule 6 of the Finance Act 2010. Accordingly, the charty is potentially entitled lo lax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising. 1.10 Grants Grants payable are commitments linduding payments) made lo third parties in the furtherance of the charitable objectives of the charity. Single or multi-year grants are accounted for as grants payable when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed ID pay the grant wilhoul condition, or the recipient has a reasonable expectation that they will receive a grant and any condition attaching to the grant Is outside the control of the charity.
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 5 APRIL 2024 Critical accounting estimates and judgements In the application of the the trust's accounting policies, the Iruslees are required lo make judgements, eslimales and assumptions about the carrying amount of assets and Iiabilrties that are not readily apparent from other sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered lo be ielevanl. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and ftjture periods where the revision affects both current and future periods. The trustees have judged that there are no eslimales or assumptions which have a significant risk of causing a material adjuslmenl to the carrying amount of assets and liabilities. Investment income 2024 2023 Income from listed investments Dividends from unlisted securities Bank interest 11.782 458,775 10,211 10,313 425,158 2,067 480,768 437,538 10-
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 5 APRIL 2024 Charitable activitie5 2024 2023 Adminislralion and accountancy 12,218 11,463 Grant funding of activities (see note 51 413,803 728,766 426,021 740,229 Reconciliation of grants payable 2024 2023 Commitrnenls brought forward Grants committed in the year Grants paid in the year 425,000 67,000 413,803 728,766 1443,8031 1370,7661 395,000 425,000 Commitments are payable as follows- 2024 2023 Within one year After more than one year 115,000 280,000 100,000 325,000 395,000 425,000 To comply with Charities SORP IFRS 1021 non-performan grants are reported in the SOFA on approval of an application. In some cases, payment may be spread over a period of time which gives rise to future commitments. These are reported as creditors and shown in notes 9 and 10. There were no staff employed by the charity12023- no staff employed). The trustees are unpaid and did not receive any benefits or expenses from the charity in the year12023 - £nill. Included within administration and accountancy are fees payable to the independent examiner for the independent examination of £1,860 12023 £1,825) and for preparation of the accounts of £1,860 12023 £1,825).
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 5 APRIL 2024 Grant expenditure Organisation: Commitments Commitments Paid in 2023124 Commitments unpaid at 6 April made in 2023124 unpaid at 6 2023 April 2024 5,000 20,000 Accessible Arts & Media Age UK York Alice House Hospice Atofts Community & Supports Foundation Alzheimerfs Society Anlibioli¢ Research Asthma & Lung UK Blesma Bless Community Support Blind Veterans UK British Dyslexics British Wreless for the Blind Fund Candlelighters Trust Cardiac Risk in the Young Carecenl Child Brain Injury Trust Combat Stress Coterminous CIC Deafblind UK Debra Dementia UK Dentaid Disabled Sailors Association Door 84 Douglas Bader Foundation Epilepsy Action Family Fund FoTward Trust Friends of Knavesmire Primary School Go Kids Go Gurkha Welfare Trust Handicapped Children's Action Group Harrogale Homeless Piojecl Hospice Care Northumberfand Hospitality & Hope Hunslel Initiative IDAS York In20ut Leeds Weekend Care Association Live Music Now Living Paintings Lollipop Lupus UK Magic Future Foundation Melanoma Focus Moghissi Laser Trust 30.000 1,000 1,000 15,000 1,000 1,000 1,000 1,000 1.000 1,000 1,000 1,000 1,000 1.000 1,390 1,000 1,000 2,000 1.000 1,000 10,000 1.000 1,000 1.000 3,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,390 1,000 1,000 2,000 1,000 1,000 10,000 1,000 1,000 1,000 3,000 1,000 1,000 1,000 1,000 1,000 12,000 12,000 1.000 1,000 1.000 1,000 1,000 1.000 1,000 1,000 2,000 2,000 1.000 1,000 1,000 2,000 1,000 5.000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 2,000 2,000 1,000 1,000 1,000 2,000 1,000 5,000 1,000 1,000 12-
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 5 APRIL 2024 Grant expendlture Icontlnuedl Motor Neurone Disease Assn National Centre for Earfy Music Our Father's Heart Our Lady's Church Outreach EMR Parish Nursing Ministries UK Parrhesia In¢ Pavers Foundation Peasholme Charity PILOT React Re-engage Refugee Action York RNIB Royal British Legion Ryedale Special Families Sailors, Children's Society Salvation Army Samaritans SASH Seafarers UK Sense SIA Special Boat Service Assoaation SSFA East Yorkshire Sl Gemma's Hospice Sl Michael's Hospice St Peter's School - Keys for Life Campaign Tall Ships Youth Trust Tang Hall Community Centre The Fire Fighters Charity The Forest School The Franciscan Friars of the Renewal The Hul The Island Charity The Kirkwood The Poppy Factory The Sick Children's Trust Turn2us Two Ridings Foundation University of York- Place Project Whizz Kidz Woodmeadow Trust Ifomierly Hagge Woods) York Against Cancer YorkArc Light York Cemetery Trust York Childcare Ltd York High School York Rescue Boat 1.000 1,000 6,112 2,000 1,000 1,000 6,112 2,000 8,000 1,000 40,000 20,000 3,000 1,500 1,000 1,000 2,000 1,000 1,000 1,000 1,000 1,000 1,000 2,000 1,000 1,000 1,000 10,000 1,000 1,000 1,000 8,000 1,000 80.000 20,000 3.000 1,500 1,000 1,000 2,000 1.000 1,000 1,000 1.000 1,000 1.000 2,000 1,000 1.000 1,000 10,000 1,000 1,000 1.000 40,000 150,000 25,000 1,000 1,000 1,000 1,000 15,500 2,000 1,000 1,000 1,000 1,500 1,000 30,000 50,000 1,000 125,000 1,000 1,000 1,000 1.000 15,500 2,000 1,000 1,000 1.000 1,500 1,000 30.000 250,000 200,000 1,000 1,000 1,000 1,000 1,000 2,000 40,000 1,000 1,000 1,000 1,000 1,000 2,000 30,000 1,000 10,000 13-
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 5 APRIL 2024 Grant expendlture Icontlnuedl York Rl York Samaritans York Theatre Royal Yorkshire Air Ambulan YMCA Ripon Other grants <£1,000 each1119 awards) 1.000 2,000 5,000 2,000 1,000 1,000 2,000 5,000 2,000 1,000 60.801 60,801 Total 425,000 413,803 443.803 395.000 Fixed asset investments Listed Unlisted InvgStm&nts Inv&stments Total Cost or valuation At 6 April 2023 Valuation changes 410,772 10,625 303,642 714,414 10,625 At 5 April 2024 421,397 303,642 725,039 Carrying amount Al 05 April 2024 421,397 303,642 725,039 At 05 April 2023 410,772 303,642 714,414 Al investment assets are held in the UK. The historical cost of fixed asset investments held as of 5 April 2024 were £462,591 12023- £462,591). The unlisted investment is carried at the eslimaled value of the shares in Shepherd Building Group Ltd al the point of transfer into the Charity in 1977. The transfer value of the shares was £18 per share for the 16.869 shares transferred into the charity. The Trustees believe that the current value of the shares held is in excess of the carrying value in the accounts and accordingly no impairment arises. Debtors 2024 2023 Amounts falllng due wlthln on& year: Other debtors 1,686 1,686 14-
THE SYLVIA & COLIN SHEPHERD CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 5 APRIL 2024 Creditors: amounts falling due within one year 2024 2023 Other creditors Accruals and deferred income 115,000 3,720 100,000 4,540 118,720 104,540 Creditots- amounts falling due after rnore than one year 2024 2023 Other Creditors 280,000 325,000 10 Related party transactions Donations of £500 12023 - £2,000) were made lo Sl Leonard's Hospice York, a charity of which Mr D J Dickson is also a Iruslee. 15-