THE ST MARY'S, BEVERLEY COMPANY OF THE CHURCH LADS, AND CHURCH GIRLS, BRIGADE FINANCIAL STATEMENTS 29 FEBRUARY 2024 Registered Charity No 523223
THE ST MARY'S, BEVERLEY COMPANY OF THE CHURCH LADS, AND CHURCH GIRiS' BRICADE Index to Financi*l Statements for the y¢ar ended 29 February 2024 Page Trustees and Advisors Report of the Trustees Independent Exarniners, Report Rec¢ipts and Payments Account Statement of Assets and Liabilities Notes to the Financial Statements 9-12
THE ST MARY'S, BKVERLEY COMPANY OF THE CHURCH LADS. AND CHURCH GIRLS BRIGADE Trustees and advisors- 29 February 2024 Trustees Mr D J Moore (Chair) Mr G R Downing Mr N Walker Mrs B Lawrence Address 23 Saxon Rise Beverley East Yorkshire HU17 7SN Registered Charity Number 523223 Independent Examlner Simon Moss FCCA Try Lunn & Co Chartered Ac¢ountants & Registered Auditors RnlAnA Hnii¢K Prin¢¢s Dock Street Hull HUI 2LD Bankers Barclays Bank plc Enquiries aknut the fund should be addressed io Mr D J Moore al the above address.
THE ST MARY•S, BEVERLEY COMPANY OF THE CHURCH LADS, AND CHURCH GIRLS, BRIGADE Report of the Trustees for the year ended 29 February 2024 The trustees present their report with the financial statements of the ¢harity for ihe year ended 29 February 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practic¢ applicable to ¢harities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective l January 2015). Reference and adrninistration details are shown on page l of this report. Nature and objectiv¢$ of the Cbgrity The Charity is governed by the Rules adopted in 1908. The Charity is a Christian youth organisation Working with young people between the ages of 5 and The aim of the Charity is to provide a varied programme of activities and ¢hallenges to ktter equip young people with the demands that society places upon thetn by developing their skills and abilities, helping them to work together, show care and concern for others. grow in confidence, and develop Christian values. The Charity operate5 as a youth organisation with regular Clubs and meetings to carry out this proeramme nf %r.tivitip. The Charity takes the Commission's publi¢ benefit guidance into account when making any decision it is relevant to. Organisa¢ion Stru¢ture The Trustees supeTvise the administration of th¢ Charity and make formal de¢isions. They are also involved in the day to day matters of the Charlty. Appointment of Trustees New trustees are nominat¢d by the existing trustees and approved by the Management Committee and the offi¢ers and leaders of the Company. All appointed trustees shall hold office until they resign unless they are earlier r¢quired to tenninate their office under the rules of the Charity. The Chairman is elected at the beginning of each Amual General Meeting. Development and Reserves The organisation has continued to operate a5 a youth OTganisation, with over one hundred members and tsventy voluntary leaders. Reserves which are represented by monetsry assets and investments are maintained at a level sufficient to tnaintain a fund of sufficient size to continue its provision of youth activities for the foreseeable futitre. The current level of reserves is regarded as adequate and this is revi¢w¢d at each of th¢ trustees meetings.
THE ST MARY'S, BEVERLEY COMPANY OF THE CHURCH LADS, AND CHURCH GIRLS, BRIGADE Report of the Trllstees for tbe year ended 29 February 2024 (continued) Risk MAnagemenl During rhe year the trustees have considei'¢d and identified the major risks to which the charity is exposed. This involved identifying th¢ types of risks the charity faces, prioritising them in tenns of potential impact and likelihood of occurrence and identifying means of tnitigating the risks. Transactions The total income in the year was £40,160. Charitsble expenditure of £38.168 was incurred during the year, all of which has been allocated to the expendable fund. The charity also invested a further £10,000 in the BLK Charities UK Equity Fund during the year. Statement of Trustees? Responsibilitie5 The trustee5 are responsible for preparing the Report of the Trustees and the financial statements in accordan¢¢ with applicable law and United Kingdom Accounting Standards (United Kingdorn Generally Acc¢pted Accounting Practice). The law applicable to ¢harities in England and Wales, the Charities Act 2011 Charlty (Ac¢ounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustee5 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 tl)e incoming resources and appli¢ation of resources. including the income and expenditure, of the charity for that period. In preparing those financial statements, the ITUStee5 are required to. s¢le¢t suitsble ac¢ounling policies and then apply them ¢on5iStently' make judgetnents and estimate5 that are reasonable and prudent- observe the methods and principle5 in the Charity SORP. pr¢pare the financial statements on the going concern basis unless it is inappropriate to presume ihat the charity will continue in business. The trustees are responsible for keeping proper accounting re¢oTds which disclose with reasonable accuracy at any time. the financial position of the Charity and to enable them to ¢nsure that the financial statements comply with the ChaTitie5 Act 2011 and the Charities (A¢counts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hen¢e for taking reonable sleps for the prevention and detection of fraud and other irr¢gulaTities.
THE ST MARY'S BEVERLEY COMPANY OF THE CHURCH LADS, AND CHURCH GIRLS? BRJGADE Report of the Trustees for the year ended 29 February 2024 (continued) Statement of Tru5tees' Responslblltiies (¢ontinlled) The trustee5 are responsible for the maiDlellance and inte8rAty of tbe ¢orpordle and financial information included on the charitsble wmpany's website. Approved by order of the board of trustees on...q .[!0 J.w...and.,'Bned on its behalf by.. Mr D J Moore Chair Tnte¢
Ir4DEPENDENT EXAMINER'S REPORT TO THE MANAGEMENT COMMITTEE OF THE ST MARY'S, BEVERLEY COMPANY OF THE CHURCH LADS, AND CHURCH GIRLS, BRIGADE Independent examiner's report to the trustees of The St Mary's, Beverley Company of the Church Lads, and Chureb Girls, Brigade {'the Cbarity,) I report to the charity trustees on my examination of the accounts of the Charity for the year ended 29 February 2024 whi¢h are set out on pages 6 to 13. Respeetive responsibilities of the management Committee and the examiner As the Charity's trustees you are responsible for the preparation of ihe a¢counts in a¢¢ordance with thc requiretn¢nt5 of the Charities Act 2011 ('the 2011 Act,). Having satisfied myself that the accounts of the Charity are not required to be audited under Section 144(2} of the 2011 ACÉ and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out und¢r Section 145 of th¢ 2011 A¢t. In ¢arrying out my examination I have followed the General Direciions given by the Charity Commission under Section 145(5)(b) of the 2011 Act. Basis of independent examiner's report My examination was ¢arried out in a¢¢ordance with the General Directions given by the Charity Commissioner. An examination includes a review of the accounting records kept by the charity and a comparison of the account5 presented wilh those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be reqiiired in an audit. and cnn.ieqiiently nn npininn 1% Eiven a8 tn whether the accnijnts Dre.qent a 'triJe and fair view, al the report is limited to those matters s¢t out in the statement below. IndepeDdent examiner's statemen¢ I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe.. l. the accounting records were not kept in accordance with section 130 of the Charities Act. or 2. the accounts do not a¢cord with the a¢¢ounling records. or the accounts do not comply with the applicable requirements ¢on¢erning the form and ¢ontent of arcounts set out in the Chariti¢s (Accounts and R¢ports) Regulations 2008 other than any requirement that the accounts give o 'true and fkir view, which is Dot a rnatter ¢onsid¢red 8$ part of an independent examination,. or 4. the accounts have not been prepared in a¢¢oTdance with the tnethods and prin¢iples of the Statement of Recommended Practice for a¢¢ounting and reporting by charities (applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelarkd (FRS 102)). I have no concerns and have ¢ome across no other matters in connection wilh the examination lo which attention should be drawn in this report in order to enable proper understanding of the accounts to be reached. Simon Moss FCCA Try Lunn & Co e.hartered Accrjuntants Roland House Princes Dork Street HULL HUI 2LD Date.. 2Z
THE ST MARY'S, BEVERLEY COMPANY OF THE CHURCH LADS, AND CHURCH GIRIS, BRIGADE RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024 Exptndable Fund Permanent EndowmeDt Note 2024 2023 Receipts Income Irom.. Donations and bequests 2,100 2,100 9.140 Annual appeal Grants 1.000 1,000 Members subscription5 7.643 7.643 ,226 10,743 10.743 17,i66 Company Mctivities 24,966 24,966 20,956 Investment ineome 1,275 3,176 4,451 3,772 TOTAL RECEiYrs 36,984 3,176 40.160 42.094
THK ST MARY'S, BEVERLEY COMPANY OF THE CHURCH LADS, AND CHURCH GIRLS* BRICADE RECEivfs AND PA YMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024 (CONTINUED) Expendable Fund Permanent Endowment Note 2024 2023 Payments Direct Chgritsbl¢ Expenditure National capitation fees Unif0rn15, badges, competition fee5 Company aotivities Training and equipment 2.820 2.820 4,390 1,491 13,775 1.205 1.491 13.775 1.205 4,185 13.345 1.477 19.291 19,291 Other Expenditure Headquarters overheads Headquarters repairs Independent ¢xaminer's fees Sundry administration ¢xp¢nses 12,258 4,324 12,258 4.324 11,163 1,817 660 660 600 1.635 18,877 1.927 15,507 18,877 TOTAL PAYMENTS 38,168 38,168 38,904 Surplusl(defi¢it) for the year {1,1841 3,176 1.992 3.190 Transf¢rs between funds 3,176 1.992 3,190
THK ST MARY'& BEVERLEY COMPANY OF THE CHURCH LADS. AND CHURCH GIRLS? BRIGADE STATEMENTS OF ASSETS AND LIABILITIES AT 29 FEBRUARY 2024 Expendable Permanent EDrtowme*t 2024 2023 Monetary Assets Bank current account Bank building account Bank and COtF deposits Building society deposits Cash in hand 16,901 16.901 27.947 3,411 52 3,411 52 372 52 Other Assets Freehold Propety. G¢org¢ StreeL Bevedey. East Yorkshire, note 9 Market Value Cost tnvestments, note 7 126 828 Estlm4ted Value 2024 2023 Minibus- BX56 YJB Trailer Trophies Musical instruments Sundry camping equipment and building contents 1.500 1.900 K.280 20,0 13.241 1,500 2,000 1,280 20.0 13.241 38.021 ExpendAble Fund PerJtwneDt Endowment 2024 2023 Liabi]itie5 not provlded Independent examiner's fee5 696 696 660 696 696 660 Approved on beha]f of the Izustees J Moore Ch&tr Thiste¢ Dat¢... 9.1,101.4.
THE ST MARY'S, BEVERLEY COMPANY OF THE CHURCH LADS, Af4D CHURCH GIRIS, BRIGADE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024 l. Aeeounting Policies B2$is of preparing tbe financial statements The fiiiancial Statements of the ¢harity, whieh is a public benefit entity under FRS 102, hav¢ been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements hav¢ b¢en prepared under the historical cost convention. Income All in¢ome is recognised at the lime of receipt. Expenditure All expenditure is iecognised at the time of payment. Taxatio The ehArity is ex&mpt from tax on its charitablo A¢tivitLgE. Fund accounting UnTestricted funds ¢an be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes witliin the objects of th¢ charity. Restrictions arise when specified by the donoi. or when funds are raised for paTticular restricted purposes. Further explanation of th¢ nature and purp03e of each fvnd is included in the notes to the financial staiements. Governance Costs Th¢ Charity does not hav¢ any paid employees. 2. Trustees, Remuneratlon and Benefits There were no Irustees. remuneration or other benefits for the year ended 29 February 2024, nor for the year ended 28 February 2023. There were no tru5tee5' expenses patd for the year ended 29 February 2024, nor for the year ended 28 February 2023. 3. Donations and Bequests 2024 2023 Expendable fund 2,100 9.140
THE ST MARY'S, BEVERLEY COMPANY OF THE CHURCH LADS? AND CHURCH GIRLS, BRIGADE NOTES TO THE FINANCIAL STATEMENTS (cof4TINUED) FOR THE YEAR Ef4DED 29 FEBRUARY 2024 4. Compgny Activities 2024 Payments 2023 Receipt5 Receipt5 Payments Photocopier costs Miscellaneous Band Functions. events et¢. Camps and special visils Travel and eoa¢h hire Room Hire Cante¢n 142 81 380 2,036 2,692 4,895 845 2,136 1,164 5,030 1,343 1,923 5,993 2.170 990 802 5,048 3,875 12,828 2,135 24,966 9,379 2,402 20,956 2,549 13.345 13,775 5. Investment Income 2024 2023 Expendable Fund Permanent Expendable Fund Permanent Endowment Endowmcnt BLK Charities UK Bond BLK Charilies UK Equity Bank and building society interest 71 .166 38 333 2,843 71 599 333 2,767 1,275 3,176 672 3,100 6. Headquarters Overheads 2024 2023 Expeihdable Fund Expendable Fund Cleaning Water rate5 Telephone Insuranee Light and heat 3.545 435 174 4.749 3,161 213 175 4,495 12,258 11.163 10
THE ST MARY*S, BEVERLEY CONIPANY OF THE CHURCH LADS, AND CHURCH GIRLS, BRIGADE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 7. Investments 2024 2023 Market Value Market Value Cost Cost Permanenl Fund: BLK Charities UK Bond Fund 5,548.748 Income Units BLK Charities UK Equity Fund 11,65 1.004 Income Units Expendable Fllnd: BLK Charities UK Bond Fund 1.185.045 Income Units BLK Charities UK Equity Fund 5.094.463 Income Units 7,947 10,832 8.026 10,832 81.533 27.659 85.495 27,659 1,697 2,316 1.714 2.316 35,651 126,828 27,167 122,402 14.912 55,719 65,719 8. ReLoncJlJ¥tJon of Funil Values on Hlstorlcal Cosi Basts Expendable Fund Permanent Fund 2024 2023 Monetary assets BLK Charities UK Bond BLK Charities UK Equity Liabilities 20,364 2,316 24,912 (696) 20,364 13,148 52,571 (696) 28.372 13,148 42.571 (660) 10.832 27,659 Funds at 29 F¢bTuary 2024 38,491 85.387 83,431 Funds at l March 2023 44.940 38,491 83.431 80,301 Net surplusl(deficit) for the year Increasc in liabilities not Provided 1,992 1,992 3,190 (36) {36) {60) Funds at 29 February 2024 46.896 38,491 85.387 83,431
THE ST MARY'S, BEVERLEY COMPANY OF THE CHURCH LADS, Af4D CHURCH GIRLS, BRIGADE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 9. Freehold Property The legal ownership of the property occupied by the Company is vested in two distinct Charities'.- The original headquarters building. a three slorey warehouse, purchased in 1913 and being the only asset of charity nurnber 1051413, which is held on the terms of a Declaration of Trust dated 29 April 1913 (the Trust Deed}. Two small annexes constru¢led in 1978 and 1987 and vested in charity numb¢r 523223 {together ¢all¢d"tt]e Building"). In day to day usage terms, the properties are treated as one, the main building being used for training, indoor games and drill practice on the ground floor. canleen and recreation on the first floor and Craft rooms, meeting roorns and storage on the lop floor, whilst the annexes have been in¢orporated into the main building and the areas now form the new enlran¢e and stairway. Total floor area is estimated at 417m ljnder a r)irecti()n mxAe. hy thp. r.hArity nnmmissionerg dated Y I September l QQS both Charit10S administered by the Beverley Company of the Church Lads, and Church Girls. BTigade are to be treated as one under registered nutnber 523223 for the purpose5 of Parts11 and Vl of the Charities A¢1 1993, although this does noi constitute an amalgamation. Charity 523223 pays no rent to Charity 1051413 and the fonner meets all the costs associated with upkeep of the Building. In the event of the dissolution of the Company the sale proce¢ds of the Building would be apportioned between the two charities, and paid as to part in a¢cordance with the terms of the Trust Deed and the remaining part to the National Headquarters of the ChUh Lads, and Church Girls. Brigade. 10. Permanent Endoivment Fund The historical cost of the assets in the pennanent endowment fund as at 29 February 2024 is £38,491 (2023 £38,491)- The tnarket value as al 29 February 2024 is £89,480 (2023 £93,521). 12