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|CONTENTS||PAGES|
|---|---|---|
|OAicers k.professional|advisors||
|Annual
report ofthe Trustees||2 to 3|
|Independent
examiners'|report||
|Statement oftinancial|activities||
|Balance Sheet|||
|Notes to the accounts||7to 10|
|THE BOARD OFTRUSTEES||||
|---|---|---|---|
|Chairman|Mr P BElmhirst|||
|Other members|Mr JBostwick|||
||Cllr K Richardson|||
||JLove|||
||Mr P Milum|||
||Cllr C Makinson|||
||Cllr T Shepherd|||
||T Brookes|||
||Mr RA E Umbers FCA|||
||c/o New Coun|||
||Abbey Road North|||
||Shepley|||
||Huddersfield|||
||HD8 8BJ|||
|INDEPENDENT EXAMINERS|Harris &Co|||
||Marl and House|||
||13Iluddersfield|Road||
||Bamsley|||
||S702LW|||
|BANKERS|Svenska Handelsbanken||AB (publ)|
||Ground Floor, 12Longbow Close|||
||Pennine Business|Park, Bradley||
||Huddersfield|||
||HD2
IGQ|||
|STOCKBROKERS|AFH Wealth Management|||
||Buntsford Drive|||
||Stoke Heath|||
||Bromsgrove|||
||Worcestetehire|||
||B604JE|||
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|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
||||Note|f.|||||
|INCOME AND ENDOWMENTS FROM:|||||||||
|Donations
and legacies|||8|595,471|||26,143||
|Investment
income|||||||||
|Rent received||||23,163|||30,044||
|Other income|||||||||
|Other interest and dividends|||||678||2,328||
|Total income||||||619,311||58,515|
|EXPENDITURE ON:|||||||||
|Charitable
activities|||||||||
|Insurance||||5,192|||5,103||
|Assistant
curator||||13,830|||16,342||
|Grants and donations|||||||1,000||
|Conservation
and transportation||fees||1,561|||3,780||
|Gallery Opening
Hours||||5,000|||5,000||
|||||||25,583||31,224|
|Governance
costs:|||||||||
|Clerk's fees||||6,220|||5, 100||
|Stockbrokers'
fees||||2,782|||2,001||
|Repairs||||1,767|||5,385||
|Legal &professional|fees|||4,|190||1,150||
|Sundry expenses|||||135||134||
|Printing,
postage and|stationery||||78||||
|Management
charges|||||||||
|Accountants'
fees|||||650||700||
|||||||15,822||14,470|
|Total expeaditure||||||41,405||45,694|
|NET INCOME/(EXPENDITURE)||||||577,907||12,821|
|Realised protit/(loss)
on disposal||ofinvestments||||267||11,194|
|Unrealised
revaluation
Unrealised
profit/(loss)|gains on Works ofart
on revaluation ofinvestnients|||||193,980
~i19.6||20,100
4,929|
|NET MOVKMKNT IN FUNDS||||||753,093||49,044|
|Total funds brought
forxvard||||||5,030,634||4,981,589|
|Total funds carried fomvard||||||5,783,726||5,030,634|
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|||||||2022|||2021||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Note|||||||
|INVESTMENTS|||||||||||
|Freehold propetty|||||||385,000|||385,000|
|Works ofmt|||||||5s079,045|||4,470,265|
|Investments|||||||186,650|||128,995|
||||||||5,650,695|||4,984,260|
|CURRENT|ASSETS||||||||||
|Debtors||||5|12,524|||6,709|||
|Cash at bank||||6|128,927|||41,764|||
||||||141,451|||48,473|||
|CURRENT|LIABILITIES||||||||||
|Creditors: Amounts||falling due within|one year|7|8,420|||2,100|||
|NET CURRENT ASSETS|||||||133,031|||46,373|
|NET ASSETS|||||||5,783,726|||5,030,633|
|FUNDED BY|||||||||||
|Unresn4cted|funds||||||5,783,726|||5,030,633|
||||||||5,783,726|||5,030,633|
|Approved
by|the Board ofTrustees on||.....4||||||||
|Signed on behalf ofthe Board by|||||||||||
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||||2022|2021|
|---|---|---|---|---|
||||f|f|
|Valuation|brought|fonmrd|385,000|385,000|
|Valuation|cerned|fonvard|385,000|385,000|
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|hlarket|Listed Investmeots||||||
|---|---|---|---|---|---|---|
||||Cost at|IIIVat|Cost &I|MV at|
||||30.6.22|30.6.22|30621|30 6 21|
||||8|f.|f|f|
|Aberdeen|Std Fd Mg As& Gbl Suet And Res lnv Eq|983|||3,596|3,920|
|Aberdeen|Std Fd Mg As& UK Ethical Eqty Instl|1,646|||3,482|3,900|
|Aegon Am UK Pic Ethical Corporate Bond 8 Ac||2,375|||53H|5,158|
|Aegon Am UK Pic Ethical Equity 8 Acc||1,885|||4,728|5,204|
|Bagie GilTord Inv BGPositive Change 8 Acc||2,433|7,486|6,473|||
|BMO Fund Mgmt Ltd BMO Responsible
Obl Eqty 2||1,879|H,349|H,136|7,438|8,082|
|BMO Fund Mgmt Ltd BMO Responsible
Stg Corp BD||8,923|||5,246|5,141|
|CT(UK)|ICVC V CT Red Equity 2Acc|975|4,151|3,736|||
|Edentree|Inv Mynt Resp And Suet StgBD8Inc|&,667|||10,329|10,287|
|Edentree|Inv Mgmt Resp And Suet UK Eqty 8 Inc|2,627|6,215|5,542|3,565|3,852|
|Edentrcc|Inv Mgmt Responsible
And Suet Short|21,277|21,035|20,243|10,275|10,286|
|Gam Star|Fund PI.C Suet Climate BD|I,H3|10,607|9,517|||
|Goldman|Sachs Fund GS GBL Envr Imp EQ|702|10,146|9,199|||
|Goldman|Sachs AmB Emerging
Mkts Eqty Esg Ptf|919|10,051|8,547|3,392|3,319|
|Henderson|Investme
Janus Hend UK Resp Inc I|5,316|7,921|7,745|4,739|5,185|
|JP Morgan Funds Global BDOpps Sust C GBP||106|10,452|9,630|||
|Johcm Funds UK Ltd Rcgnan Obl Eq Imp Sole F||10,503|11,335|9,936|7,288|7,256|
|Legal A General UT LtkG MSCI Wld Socly Resp Inv||3,183|||3,660|3,947|
|Liontrust|Fund Par Suet Future Corp BD6 Net|4,128|||6,390|6,358|
|Liontrust|Fund Par Suet Future Gbl Gth 2 Acc|4,596|11,672|10,677|7,409|8,051|
|Liontrust|Fund Par UK Ethical 2 Net Acc Nav|1,229|4,009|3,562|4,722|5, 107|
|Neuberger|BerInv Global Sustainable
Eqty|750|8,104|7,387|||
|Premier Portfolio Miton Ethical C Acc||980|4,107|3,734|3,440|3,840|
|Rathbone|UT Mgt Ettiical Bond Instl Acc|2,079|||5,156|5,113|
|Rlum Limited RL Sustnabk
Wrld Tst CAcc||3,749|11,432|10,838|7,437|7,952|
|Royal London Suet Leaders Trust||1,447|4,047|3,738|||
|Royal London AM Ethical Bond M OBPAcc||6,570|||10,380|10,315|
|Vanguard|Inv Ser Esgdcv Wld All Cap Eqty Idx|29|9,292|9,343|6,182|6,775|
|Vanguard|Invs Srs Emg Mkx AB Cap|54|6,319|6,076|||
|Vontobel|und Twetnyfour
Suet|206|20,767|19,963|||
|Wcginglon|Mgt Fds Olbl lmpacl|1,039|10,592|9,628|||
||||201,089|186,650|124,066|128,995|
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||||||2022|2021|
|---|---|---|---|---|---|---|
|||||||f.|
||Prepaymcnts|and accrued mcome|||12,524|6,685|
||VAT|||||24|
||||||12524|6,709|
|6|BANK BALANCFS||||||
||||||2022f|2021|
||Cash at Bank||||127,089|38,897|
||Iltvcstcc Deposit||||1,838|2,866|
||||||128,927|41,763|
|7|CREDITORS;||AAIOUNTS FALLING DUE IVITBIN ONE YEAR||||
||||||2022|2021|
|||||||f|
||VAT||||249||
||Accrunls
and deferred income||||8,171|2,100|
||||||8,420|2 100|
|8|DONATIONS||AND LEGACIES||||
||||||2022|2021|
||Cavtd grant|||(Cash)|4,000|26,143|
||Shaw Lands Trust|||(Conservatron)|1,000||
||I Bosnssck|||(Pamtmg)|1,200||
||Alex Taylor|||(Pamting)|3,600||
||Rtchard Kitson|||(Paintmg)|5,000||
||AIL Scheme|||(Painting)|400,000||
||Audrey
Norfolk|||(Cash)|170,000||
||Cooper Auclion|||(Cmls)|5,671||
||Arts Covrd Recovery Fund|||(Ponrait)|5,000||
||||||595,471|26,143|
|9|GILYNTS AND||DONATIONS||||
||||||2022|2021|
||||||8|f.|
||Cooper Pnze|||||1,000|
##
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|||2022|2021|
|---|---|---|---|
|||I||
|Balance brought|fonvard|5,030,633|4,981,589|
|Nct movcmcnl|m funds for the year|753,093|49,044|
|Balance cerned|fonvard|5,783,726|5,030,633|