Charity Number: 529709
YORKSHIRE PHILOSOPHICAL SOCIErY
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
for the year ended
31 DECEMBER 2024
UNAUDITED

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 310ECEMBER 2024
TRusfEES' REPORT AND AccouNrs
CONTENTS
puge
Members of the board and professional advisors
Trustees, report
Independent examlnerfs report
ststement of financlal activities
Balance sheet
io
Notes to the financlal ststements
11-20

YORKSHIRE PHILOSOPHICAL SOCIErY
FOR THE YEAR ENDED 31 DECEMBER 2024
MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS
Trustees who are Officers of the Society
Mr D Harbourne, Chair
Miss C Brophy Lecture Secretary
Prof T Hughes (appointed 25 June 20241
Mrs F Hurst, Hon Edltor
Dr D A Nott, Commissioning Editor
Mrs S Osgerby, Treasurer
Dr R M Pinder, Vice Chalr
Mrs C Y Smith, Vice-chair and acting Mlnute Secretary
Prof G Thornas, Hon Web Officer
Trustees who are not Officers of the Soclety
DrAKGJones
Prof A C Marvin
Mrj Coulson
Officers who are not a Trustee
Mrs R Anderton, Hon Soclal Secretary
Mr P Thornley, Chalr of YPS Geology Group
Charity re815tered number: 529709
Principal office
The Lodge
Museum Gardens
YORK, YOI 7DR
Bankers
Lloyds Bank PIC
2 Pavement
YORK, YOI 2NE
, Independent examiner
Sarah Wearlng FCA DChA
HPH Accountants LLP
54 Bootham
YORK, Y030 7XZ
Investment adviser
Brewin Dolphin
10 Wellington Place
LEEDS, LSI 4AN

YORKSHIRE PHILOSOPHICAL SOCIErY
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES, REPORT
The Trustees present their annual report together with the unaudited financial statements of the Society for the year
ended 31 December 2024. The Trustees have adopted the provisions of the Statement of Recommended Practice
{SORP)"Accounting and Reporting by Charlties" in preparing the annual report and financial statements of the charity.
The finanti31 statements have been prepared in atcordance with the accounting pollcies 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.
5fRUCTURE GOVERNANCE AND MANAGEMENT
a) Constltution
The York5hlre Philosophlcal Society wa5 founded In 1822. It is governed by a Charlty Commlssion scheme dated 13
December 1960, which glves authority to the Laws of the Society.
The Societycontinues to review and update its policies In accordance wlth Charity Commission and statutory guidance.
b) The Trustees
The Trustee5 who served the Soclety durlng the perlod were as follows:
Mlss C 8rophy
Mrj Coulson
Mr D Harbourne (Chair)
Prof T Hughes (appointed 25 June 2024)
Mrs F Hurst {Hon Editor)
DrAKGJones
Professor A Marvln
DrDANott
Mrs S Osgerby (Hon Treasurer)
Dr R M Pinder Ivice-chalrl
Mrs C Y Smith {Vlce-Chalr)
Prof G Thomas (Hon Web Edltorl
c) Methods of appolntment or el•ction of Trustees
The Trustees, who are all members of the governlng Councll. comprise between slx and twelve elected ordlnary
members who are elected at the Annual General Meeting. All officers are nominated by Council and confirmed at the
next Annual General Meeting and serve for a term of five years, which may be extended for a further term. There are
various restrictions on length of service.
Council also include5 the non-voting honorary president and vlce presidents and it has the powertofill casual vacancles
including honorary officers.
Professor Deborah Smith is honorary president of the Society; shels not a Trustee.

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES. REPORT
STRucfuRE GOVERNANCE AND MANAGEMENT
continued
d) Organisattonal structure and decision-making policies
The Council, which meets regularly, administers the charity and may delegate any of its powers to appointed
Individuals, groups or committees in Complian￿ with Settion 11 of the Trustee Att 2000. Officers are appointed by the
Council.
The post of Hon. Secretary has been advertised but 15 currently vacant. Minute taking and other aspects of the role
have been undertaken by Vlce-chair, Mrs Carole Smith.
The Hon. Treasurer, Mrs Sally Osgerby, presents financial reports to each Council meetingi drawing on records and
supporting information prepared by the Clerk.
e) Policies
The Council ensure5 that the society Is GDPR compllant. The Chair is the Society's Data Protection Officer,
The Soclety maintains a Safeguarding Policy. Miss Catherine Brophy is the Society's Safeguarding Reporting Officer.
Startlng In November 2024 the Councll has commenced a full review of all policies and procedures. The first set of
policies revlsed and adopted by the Council included:
Flnanclal management and control pollcy and procedure
Expense5 claimsi policy and procedures
Anti-bribery and corruption policy
Work also began on revising the following policies for adoption early in 2025:
Safeguarding
Lone working
Complaint5 and grlevance
OBJECTIVES AND ACTIVITIES
a) Public Beneflt Statement
The Trustees confirm that they have complied with their duty to have due re8ard to Charity Commisslon guidance on
publlc benefit when exercising their power or duties.
In setting objectives and planning for activities, the Trustees have given due consideration to general 8uidance
published bythe Charity Commisslon relatingto public benefit, Includingthe guidance'Public benefit: running a charity
IPB2)'.
b) Objectives
The mission of the Yorkshire Philosophical Society 15 to promote public understandin8 of the sclences, including social
sciences and archaeology, especially but not excluslvely relating to Yorkshire, and their effects on society past, present
and future.
Key activities include a programme of public lectures, study days and multi-day educational tours. The SocSety supports
academic excellence by the issue of grants and prizes. It supports partner projects, by. for instance, supporting the
interests of the Yorkshire Museurn, it5 collections, and the Museum Gardens. The Society established the Yorkshire
Museum and Gardens in the nineteenth century and maintains an interest in this highly successful regional museum
and supports many of its activities with both grants and practical help from volunteers.

YORKSHIRE PHILOSOPHICAL SOUETY
FOR THE YEAR ENDED 31 DECEM8ER 2024
TRUSTEES. REPORT
OBJEcfivES AND ACTIVITIES
continued
c} Actlvitles
The Soc7ety runs an annual programme of publlc Sectures between September and July, often with mini theme5. In
2023-4 there were lectures related to the collections in the Yorkshire Museum. The Society continued to hold lectures
in person in the Tempest Anderson Lecture Theatre in the Yorkshire Museum and under the name'café Scientifique"
at Mlcklegate Social and other clty centre locations. Lectures are occaslonally presented remotely, usin8 Zoom. The
Society is an ally of The British Science Association IBSA).
Lectures continue to be planned and held In partnership with other societies and groups Including the York Museums
Trust; York Festival of Ideas; Yorkshire Geological Society; the University of Hull,. the Institution of Engineering and
Technology North Yorkshire Branch; PLACE; the Royal Geographical Society,. and the Yorkshlre Gardens Trust.
In September 2024 the Society and the Yorkshlre Geological Soclety hosted a symposlum, 'William Smlth Blcentenary
Celebration: Geo Britannica In Northern England, to celebrate the 200th annlversary of the Soclety's first series of
publlc lectures, delivered by the 8eologlst William Smlth.
d) Educatlonal Excurslons
The Activlties Group of the Soclety, in keepin8 With Its wider remlt of providing educatlonal and social activltie5 for
members, organises several stimulating one-day vSsSts as well a5 longer study tours. The following visits took place in
2024:
28 February: Land of Iron - day trip to Sklnningrove
15 May: Visit to RHS Bridgewater, Salford
13 June., Vlslt to Southwell Minster and Workhouse
22 July: Visit to Markenfield Hall and Thornborou8h Henges
4 September: Vislt to the Stamford Brldge Tapestry Project
5 and 9 September.. Trailblazers Project History Workshops
22 September: William Smith - Scarborough town and South Bay trails
3 October". Blue Plaque walk around York
7-11 October: YPS Art and Science tour to Glasgow
23 October: Conducted tour around York Mlnster Preclnct
e) Young People
The Society's 2024 prlzes and awards Included the John and Anne Phlllips prlze, awarded to two thlrd-year geology
undergraduates at the Unlverslty of Hull. In July the graduatlon ceremony and prizegivlng at the Department of
Electronlc Engineerlngi Universlty of York, included Professor Andy Marvin presenting the 2024 Malden Owen
Engineering Award and Malden Owen Physics Award. The Soclety also awarded the annual Herman Ramm and Charles
Wellbeloved prizes to Archaeology students at the University of York.

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES. REPORT
OBJEcfivES AND AcfiviTIES
continued
fj Trailblazers Project
York Civic Trust with Make It York launched the Trailblazers Sculpture Trail in summer 2024 with funding from the
Heritage Lottery Fund. The Society nominated Mary Kitson Clark, 1905-2005, as their Trailblazer for her contribution
to Yorkshire Archaeologyi to the Philosophical Society and to the Yorkshire Museum. The Museum Gardens hosted a
tansy beetle sculpture in her mernory and the Yorkshire Museum mounted a small display celebrating her work in the
Museum entrance.
In addition to the tansy beetle, the Society was one of 12 local groups granted an award to encourage involvement in
heritage projects. particularly among new participants. We hosted small groups in York Explore library takingtheirfirst
steps in researching local history as part of theTrailblazer's Community Project. York Museum Trust's Heritage Hunter's
packwas the bas55 forth￿ work, which included exploiin8free history resources such as the British NewspaperArchive.
g) Worklng Partles
The Lerture Planning Group sets a strategy for the lecture programme themes, workin8 wlth partners to host sorne
Jolnt lectures. The Activitles Group develops plans for Instructive and educational trips, vlslts and study tours. The
GeoloBY Group has provided a wealth of opportunitles for members, Including the John and Anne Phi11Sps prlze
announcement and lecture, and Monthly updates onllne and In newsletters which highlight available online and In-
person geological activlties.
In October volunteers once again opened the YPS Lodgefor'york Unlocked" when many of the secrets of York buildin85
are opened forthe public. This yeartwo members also offered themed walks in Museum gardens. History display5 and
fossil handling were offered, and we estimate that over 120 people visited during the day.
ACHIEVEMENTS AND PERFORMANCE
a) Revlew of actlvlt5es
Membershlp stands at 494 at the year end. In 2024 48 people Jolned the 5oclety. Sadly, 8 members dled during the
year. Participation in the lecture programmes has been malntalned: for in-person lectures attendance has varied from
55 to 180 and for online lectures participation was between 50 to 70 households. At Café Scientifique attendance
has been between 15 and 40 participant5.
b) Annual Report and Newsletters
The 2023 annual report to members, whlch as usual Included the 2023 statement of accounts, was published in spring
2024 and posted to all members. Mrs Felicity Hurstserved as Hon. Editorand Dr Dorothy Nott as Commissioning Editor.
The quarterly newsletter, edited by the Clerk, Miss Frances Chambers, continues to include a mixture of news and
articles. As well as being available online the newsletter is sent by post to members without online access.
FINANCIAL REVIEW
a) Review and Going Concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate
resources to continue in operational existence on a going-concern basi5 for the foreseeable future. The going-concern
principle governs preparation of the financial statements. Further details regarding its adoption can be found in the
accounting policies.

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES. REPORT
FINANCIAL REVIEW
continued
In 2024 the Society account5 continued to be managed on Xero online. We are grateful to Miss Frances Chambers,
Clerk to the Society, for the smooth operation of this systern. A useful range of reports from Xero were available for
Trustees in 2024.
The Society received a generous bequest of £1,061 from the estate of Darrell Buttery, DL.
By 31st December 2024 the principal investment portfolio, managed on our behalf by Brewin Dolphln, showed an
unrealised gain of £23,137. Trustees are aware that these are long term investments but nevertheless regularfy review
the portfolio.
The gain of Investments of £23,137 {2023: galn of £16,873) has resulted in an overall Increase In funds of £18,685
{2023: increase of £10,817), whlch offsets the net loss of £4,452 {2023: net loss of £6,056). Total funds carrled fopNard
are £478,208 {2023: £459,523), whlch includes endowment funds of £392,471 (2023: £372,970) and restrScted funds
of £20,366 {2023: £20,799). Total unrestricted funds stand at £65,371 (2023: £65,754), of whlch £3,98712023: £3,987)
has been designated for 5peclflc purposes. There Is a balance of £61,384 {2023: £61,767) in general funds.
b) Investments
The Society's Investment and Reserves Policy has four maln objectives: (l) to satisfy Charity Commisslon 8uldelines
and requirernents;121 to establish appropriate funds for Specific purposes, to 8ive greater clarity to the Society's
accounts.'131 to address the er05ion over time of the Society's funds; (41 to emphasise the need to protect the long-
term sustainablllty of the Soclety and its charitable works.
The Trustees are satisfied that reasonable long-term returns on Investment5 are being achleved within the bounds of
reasonable risk, and sufficient income is generated to allow the various charitable activlties to be financed in
sustainable manner. As noted above, fund values rose in 2024.
c) Reserves
The level of free reserves held by the Societyi which amounted to £61,384 on 31 December 2024 {2023: £61,767)
covers the target ran8e of 6 to 12 months. operating costs. They also cushlon against unforeseen future events such a5
Increased costs, fluctuation5 In the stock market and investment income, or reduced income from subscriptions and
educational excursions.
The Trustees review the Investments and reserves on at least an annual basls.
FUTURE PLAN
Trustees are conslderlng way5 to recruit new members and In partlcular new Trustees who can take on officer roles. As
many other longstandin8 voluntary societie5 are findln& recrultin8 new volunteers is becoming a problem although in
2024 there were new recrults.
During 2024, the Trustees established objectives for recruiting and retaining a growing number of members over a five-
year perlod, building the Society's activities and ensuring the Society's long-term financial viability. In 2025 the Trustees
will promote public awareness of the Society through variou5 means including social media; make it easler to join the
Society via a new online shop; and explore mutually beneficial relationships with kindred societies In and around York.
The Society maintains close links with partner organisations, particularly with York Museums Trust, York Explore, other
learned societies, and the Universlties of York, York St John and Hull.

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES. REPORT
STATEMENT OF TRU5TEES' 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
appllcation of resources, including Its Incorne and expenditure, forthat perlod. In preparin8 these financlal statements,
the Trustees are required to:
select suitable accounting policies and then apply them conslstentlyi
observe the methods and principles of the Charities SORP (FRS 1021;
make judgments and accounting estimates that are reasonable and prudent,.
state whether appllcable UK Accounting Standards IFRS 102) have been followed, subject to any materlal
departures disclosed and explained in the financial statements;
prepare the financial statements on the goin8 concern basls unless it Is Inapproprlate to presume that the
charity will continue in business.
The Trustees are responsible for keeplng adequate accountlng records that are sufficlent to show and explain the
charlty's transactions and disclose wlth reasonable accuracy at anytime thefinanclal posltion of the charlty and enable
them to ensure that the financial staternents comply with the Charlties Act 2011, the Charity (Account5 and Reports)
Regulations 2008 and the provlslons of the Charlty Commlssion Scheme. They are a150 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 si8ned on their behalf by..
, Mr D W Harbourne
CHAIR
8 MAY2025

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
INDEPENDENT EXAMINEWS REPORT
I report to the Trustees on my examination of the accounts of the Charity for the year ended 31 December 2024.
This report is made solely to the charity's Trustees, as a body, in accordance with section 154 of the Charities Act 2011.
My independent examiner's work has been undertaken so that I might state to the charity's Trustees those matters I
am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent
permitted by law, I do not accept or assurne responsibility to anyone other than the charity, the charity's members as
a body and the charlty's Trustees as a body for my independent examlner's work, for this report, or for the opinions I
have formed.
Responsibilltles and basis of report
As the charity's Trustees, you are responslble forthe preparation of the accounts in accordance with the requlrements
of the Charities Act 20111'the Act,).
I report In respect of my examlnatlon of the Trust's accounts carried out under section 145 of the 2011 Act and in
carryin8 Out my examlnatlon, I have followed all the applicable Dlrectlons given by the Charlty Commission under
section 145{51(bl of the Act.
Independent examlner's statement
I have completed my examlnation. I confirm that no materlal matters have corne to my attention In connection with
the examination which gives me cause to believe that In, any material respect:
accounting records were not kept in accordance wlth section 130 of the Charities Act; or
2. the accounts dld not accord wlth the accounting records: or
3. the accounts dld not comply with the applicable requirements concerning the form and content of accounts
set out in the Charities {Accounts and Reports) Regulations 2008 otherthan any requlrement that the accounts
give a 'true and fair, vlew which Is not a matter consldered as part of an independent examination.
I have no concerns and have come across no other matters In connection wlth the examination to which attention
should be drawn in this report in order to enable a proper understandin8 of the accounts to be reached.
Sarah Wearing, FCA, DChA
HPH, Chartered Accountants LLP
54 Bootham
YORK
Y030 7XZ
25 April 2025

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
STATEMENT OF FINANCIAL AcnviTIES
IINCOME AND EXPENDITURE ACCOUNTI
Unrestrirted
Funds
Restricted Endowment
Funds
Funds
Year to
Year to
31 Dec 2024 31 Dec 2023
Notes
Income from:
Donations and Legacies
12,478
500
12,978
17,990
Charltable Activities
497
7,165
7,662
7,152
Other Trading Actlvities
15
15
42
Investment Income
13,623
13,623
13,820
Total Income
26,613
7,665
34,278
39,004
Expenditure on:
Raising Funds
4,083
4,083
3,918
Charitable Activities
21,181
12,966
500
34,647
41,142
Total Expenditure
25,264
12,966
500
38,730
45,060
Net Income
1,349
(5,301)
1500)
14,452)
(6,056)
Net galnslllosses) on Investments
14-16
2,702
434
20,001
23,137
16,873
Transfers between fund5
14-16
{4,482}
3,982
500
Net movement In funds
(431)
(885)
20,799
20,001
18,685
10,817
btal Funds Brought Forward
65,754
372,970
459,523
448,706
Total Funds Carrled Forward
14-16
£ 65.323
£ 19,914
£ 392,971
£ 478,208
£ 459,523
The Statement of Flnanclal Activities includes all gains and losses recognised in the year.
The note5 on page5 11 to 20 form part of these accounts.

YORKSHIRE PHILOSOPHICAL SOCIErY
AS AT 31 DECEMBER 2024
BALANCE SHEEr
(charfty number: 529709)
2024
2023
Notes
Fixed Assets
Tangible Assets
Investments
io
li
903
455,114
431.435
Current Assets
Stock
Debtors
Cash at Bank and in Hand
2,824
2,435
22,415
2,580
649
33,437
12
27,674
36,666
Credltors: amounts falling due
within one year
13
(5,483)
(8,578)
Net Current Assets
22,191
28,088
Totsl Net Assets
£ 478,208
£ 459,523
The Funds of the Charlty
Unrestricted Funds
Restricted Funds
Endowment Funds
14
65,323
19,914
392,971
65,754
20,799
372,970
15
17
Tf•*al Ck3rftr.. FL'.-.ds
£ 478,208
£ 459,523
The notes on pages 11 to 20 form part of these accounts.
Approved and authorised by the Trustees on 8 May 2025.
David Harboune
Chair
10

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
I GENERAL INFORMATION
The Yorkshire Philophical Society is governed by a Charity Commission scheme dated 13 December 1960. The
Trustees are appointed from among the members of the Society.
Registered address:
The Lodge, Museum Gardens, York, YOI 7DR.
2 ACCOUNTING POLICIES
a) Basis of Accounting
The financial Statements have been prepared In accordance wlth Accounting and Reporting by Charities: Statement
of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland i55ued in October 2019, the Flnancial Reporting standard
applicable in the United Kingdom and Republic of Ireland (FRS 1021, 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 Charlties
(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 Practlce 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 l April 2005 which has since been withdrawn.
The Yorkshire Philosophical Society 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 note. The account5 are prepared in UK SterlinE and rounded to the nearest £.
b) Going Concern
The financial statements have been prepared on a going concern basis as the Trustees believe that no material
uncertaintie5 exlst. The Trustees have considered the level of funds held and the expected level of income and
expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is
sufficient with the level of reserves for the Charity to be able to contlnue as a going concern.
cl Income
Donations and legacles are accounted for when they are receivable by the Charlty. Other income is accounted for on
an accruals basis as far a5 Is prudent to do so.
Revenue 8rants are credited to the income and expenditure account when they are entitled to the recelpt. Any
unspent restricted 8rants at the period end are carried forward as restricted funds in the balance sheet.
Investment income from bank interest and UK quoted investments is recognised on an actual basis.
d) Expendlture and Allocatlon of Expenditure
Expenditure is accounted for on an accrua15 basis. Staff costs and overheads are recharged to the subsidiary based on
time and income levels. Costs are apportioned within the charity and fund accounting as detailed below-.
Staff costs on a time basis
Other direct charitable costs and costs of generating funds- on an actual basi5
Support costs- on the level of use/ actual basis where specific
11

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
ACCOUNTING POLICIES
contlnued
e) Taxation
As a registered Charity it benefits from rate relief and is generally exempt from Income Tax and Capital Gains Tax. but
not from VAT. The Charity is not registered for VAT and therefore the irrecoverable VAT is included in the c05t of
those items to which it relates.
fj Tangible Fixed Assets
Individual fixed assets are capitalised as directed by the Trustees and are included at cost.
Depreciation is provided at the following annual rate in orderto write off each asset over its estimated useful life".
Office equipment
20% straight line
Computer equipment
20% straight line
g) 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 impatrment. Investment gains and losses, whether realised or unreali5ed, are
combined and presented as'Gains/lLosses) on investments, in the Statement of Financial Activities.
h) Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and 510w-
moving stocks. Cost includes all direct costs and an appropriate proportion of flxed and variable overheads.
[} Debtors
Trade and other debtors are reco8nised at the settlement amount due after any trade discount offered. Prepayments
are valued at the amount prepaid after taking account of any trade discounts due.
J) Cash at Bank and in Hand
Cash at bank and cash in hand includes cash and any short term deposit accounts with a maturlty of three months or
less I l-oiii ik•r daL¢ OI VVCiiiii6.
kl Creditors and Provlslons
Creditors and provislons are reco8nised where the Charity has 3 present obligation resultlng from a past event that
will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount aft
allowing for any trade discounts due.
l) Funds
The Unrestricted Funds are funds which the Trustees are free to use in accordance wlth the charitable objects.
Designated Fund5 are funds set aside by the Trustees for specific purposes.
Restricted Funds are funds which have been received by the charity for a speclfic purposes other than the general
objectives of the charity.
Endowment funds are expendable fund5 which are held on trust to be retained for the benefit of the charity as a
capital fund. Any income Eenerated 15 treated as unrestricted funds.
The nature and purpose of each individual fund are explained in notes 14, 15 and 16.
12

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
3 DONATION5 AND LEGACIES
Yet7r to
31 Dec 2024
Year to
31 Dec 2023
Unrestrirted
Restrirted
Endowment
Donations and Legacies
Subscription5
Grants
1,081
11,397
1,081
11,397
500
5,487
10,503
2,000
500
£ 12,478
£500
£ 12,978
£ 17,990
In 2023 £2,000 of Grants were restricted.
The Charity also benefits greatly from the involvement and enthusiastic support of its many volunteers, details of
whom are given in our annual report. In accordance with Charities SORP, the economic contribution of general
volunteers is not recognised in the accounts.
4 INCOME FROM CHARITABLE AcfiviTIES
Year to
31 Dec 2024
Year to
31 Dec 2023
Unrestricted
Restrlcted
Endowment
Actlvltles Programme
Lecture Programme
Sales of Garden History Books
Publications
From Cave to Cosmos Book5
6,654
511
6,654
511
203
249
45
4,804
698
894
360
396
203
249
45
£497
£ 7,165
£ 7,662
£ 7,152
In 2023 £4,804 of income from activitie5 programme and £698 of income from lecture programme were restrlcted.
5 INVESTMENT INCOME
Year to
310ec 2024
Year to
31 Dec 2023
Unrestricted
Restricted
Investment Income from Listed Investments
Bank and 8uildin8 society Interest
9,127
4,496
9,127
4,496
13,152
668
£ 13,623
£ 13,623
£ 13,820
6 COSTS RAISING FUNDS
Year to
31 Dec 2024
Year to
31 Dec 2023
Unrestricted
Restricted
Investment Management Fees
4,083
4,083
3,918
£ 4,083
£ 4.083
£ 3,918
13

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
7 DIREcf CHARITABLE EXPENDITURE
Direct
Costs
Support
Costs
Yeor to
31 Dec 2024
Year to
31 Dec 2023
Activities Programme
Lecture Programme
Publications
Annual Report
Grants, Prizes and Subscriptions
Membership Services
Bicentenary Project
Website
Other Costs
4,356
3,225
55
2,163
1,451
2,666
1,768
3.838
1,015
279
10,538
65
1,338
7,022
4,993
3,893
3,178
1,730
10,538
6S
2,813
415
6,089
6,352
4,677
2,742
3,692
13,087
1,443
2,953
107
1,475
415
£ 13,140
£ 21,507
£ 34,647
£ 41,142
Support Costs
Printin8 and Stationery
Telephone and Broadband
Postage
Salaries
Insurance
Cleanin8 and Office Supplies
Copier Lease and Maintenance
Other Support Costs
Depreciation
Independent examlners fee
Accountancy Fees
302
359
1,055
11,605
788
1,152
1.463
1,247
226
1,200
343
304
884
11,393
967
1,180
1,517
1,368
176
£ 21,507
£ 23,231
In 2023 £13,641 of expenses in charltable activities were applled to restricted artlvltie5 and £500 of grant wer
applied to Endowed funds.
14

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
STAFF COSTS
Year to
31 Dec 2024
Year to
31 Dec 2023
Wages and Salaries (gross)
Pension Costs
11,449
156
11,242
150
£ 11,605
£ 11,392
The average head count of staff employed during the year was l (2023 - 11.
No employee earned over £60,000 during the year.
9 TRANSACTIONS WITH TRUSTEES
There were no transactlons with Trustees durlng the year12023 - £Nil)
During the year ended 31 December 2024, expen5e5 totalling £NII were reimbursed or paid directly to no Trustees
{2023 - £49 to 2 Trustees).
10 TANGIBLE FIXED A55ETS
Office
equipment
Computer
equipment
Totsl
Cost
At l January 2024
Additions
7,123
1,292
1,129
8,415
1,129
At 31 December 2024
7,123
2,421
9,544
reciation
At l January 2024
Charge for the year
7,123
1,292
226
8,415
226
At 31 December 2024
7,123
1,518
8.641
Net Book Value
At 31 December 2024
£903
£903
At 31 December 2023
All fixed assets were used for the furtherance of the charitable activities.
15

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTESTO THE ACCOUNTS
11 FIXED ASSET INVESTMENTS
Listed
Investments
Other
investments
Total
Cost or Valuation
At l January 2024
Additions
Disposals
Revaluations
424,281
218,320
1207,827)
16,507
7,154
227,467
(230,788)
431,435
445,787
(438.615)
16,507
At 31 December 2024
451,281
3,833
455,114
Net Book Value
At 31 December 2024
£ 451,281
£ 3,833
£ 455,114
At 31 December 2023
£ 424,281
£ 7,154
£ 431,435
The historical cost in relation to the above listed investments, as at year end, equated to £399,83312023 - £367,607)
2024
2023
12 DEBTORS
Prepayments and accrued income
2,435
649
£ 2,435
£649
2024
2023
13 CREDITORS: amounts fallin
due within one
ear
Trade Creditors
Other Taxes and Soclal Security
Accruals and Deferred Income
357
14
5,112
1,679
18
6,88:
£ 5,483
£ 8,578
2024
2023
Deferred Income
At l January
Deferred during the year
Released from previous period
1,268
1,832
(1,268)
1,699
1,268
{1,699)
At 31 December
£ 1,832
£ 1,268
Deferred income represents events income and members subscriptions received in advance.
16

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
14 UNRESTRICTED FUNDS
Bolonce b/f
01.01.2024
Income
received
Transfer5
In/(out)
Gains
/fLosses)
Balance c/f
31.12.2024
Expenditure
Designated Funds
Life Membership Fund
3,987
1,275
1526)
4,736
Undesignated Funds
Free Reser¥es
61,767
25,338
(25,264)
(3,9561
2,702
60,587
£ 65,754
£ 26,613
£ (25,2641
£ 14,4821
£ 2,702
£ 65,323
Balance b/f
01.01.2023
Income
received
Tronsfers
In/(out)
Transfers
In/(out)
Balance c/f
31.12.2023
Expendlture
Designated Funds
Bicentenary Fund
Life Membership Fund
15,789
4,130
396
300
{1,443)
(14,742)
14431
3,987
19,919
696
11,4431
(15,1851
3,987
Undesignated Funds
- Free Reserves
53,084
30,806
129,4761
5,632
1,721
61,767
£ 73,003
£ 31,502
£ (30,9191
£ 19,5531
£ 1,721
£ 65,754
Life Membershlp Fund: To hold the life membership subscriptions, to provide the future costs of membershlp
ser4lces to Life Members. These costs are accounted for at the rate of IO% pa.
An annual transfer of IO% of the designated Lrfe Membership fund to the general funds has been made in the
financlal year.
Blcentenary Fund: To enable the Society to mark its bicentenary celebrations in the years up to 2022, Including
related intitiatives in Museum Gardens or in the dissemination of York's history and updating of the YPS website.
17

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
15 RESTRicfED FUNDS
8olfJnce b/f
01.01.2024
Income
received Expenditure
Transfers
Gains
Bolance c/f
In/lout) /(Losses) 31.12.2024
Archaeology & H G Ramm
YPS Science Prize Fund
Lecture Programme
Activities Programrne
Geology Group Fund
Trailblazers Project Fund
10,707
4,055
(600)
(351)
(4,993)
(7,0221
434
10,541
3,704
I,oii
6,654
3,982
4,031
506
1,500
3,663
506
1,500
Total
£ 19,299
£ 7,665
£ 112,9661
£ 3,982
£434
£ 19,914
Balance b/f Income
01.01.2023
received Expenditure
Transfers
In/(out)
Tron5fers
In/(out)
8alance c/f
31.12.2023
Archaeology & H G Ramm
YPS Science Prize Fund
Lecture Programme
Activitles Programme
Geology Group Fund
Trailblazers Project Fund
10,986
4.355
16001
{3001
{6,6521
{6.0891
321
10,707
4,055
1,198
5,454
5,316
506
4,031
506
1,5(K)
1,500
Total
£ 21,163
£ 7,502
£ {13,6411
£ 5,454
£321
£ 20,799
Archaeology & H G Ramm Fund To support YPS initiatives in archaeology, including awards to selected
undergraduates and postgraduates studying arhaeology in a higher education establishment based in York.
YPS Sclence Prlze Fund To provide an annual sclence prize for secondary school chlldren in Yorkshire, made
possible by a generous donatlon from John Hampshire. The criteria for the prize will be reviewed on an annual basi.,
but with a broad interpretatlon of Yorkshire.
Lecture Programme Fund To support the YPS broader lecture programme, including lectures and talks in the
Tempest Anderson Hall, Café Scientifique, outreach lectures, and joint lectures with kindred or8anisations. Emphasis
will be glven to science, englneerin8, and technology topics, as well as other lecture topics broadly within the
Society's mission.
Activities Programme - To fund visits and excursions, social events and the Presidents evening, with any surplus
being used for the Society's charitable activities in general.
Geology Group Fund - To support the initiatives of the YPS Geology Group.
Trallblazers Projert Fund To fund a community project celebrating the heritage of the Yorkshire Museum and
Gardens.
Where projects required additional expenditure in the year, this has been sourced from the general funds and is
shown as transfers into designated funds or restricted fund5.
18

YORKSHIRE PHILOSOPHICAL SOCIETY
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE ACCOUNTS
16 ENDOWMENT FUNDS
Bolonce b/f
01.01.2024
Income
received
Transfers
In/(outJ
Goins
/(Losses)
Balance c/f
31.12.2024
Expenditure
Tempest Anderson Bequest
Owen/Malden Memorial
John Hampshire Bequest
282,704
68,517
21,749
15,161
3,674
1,166
297,865
72,191
22,915
{500)
500
Total
£ 372,970
£ (5001
£500
£ 20,001
£ 392,971
Balance b/f
01.01.2023
Income
recelved
Transfers
In/fout)
Gains
/fLosses)
Bolonce c/f
31.12.2023
Expendlture
Tempest Anderson Bequest
Owen/Malden Memorial
John Hampshire Bequest
268,848
65,044
20,648
(500)
3,109
752
238
11,247
2,721
863
282,704
68,517
21,749
Total
£ 354,540
£ (5001
£ 4,099
£ 14,831
£ 372,970
Ternpest Anderson Bequest To provide long term sustainability of the Society and its charitable purposes, by
providing a base level of guaranteed income.
Owenlmalden Memorial Fund - To promote Alan Owen's interests in the public understanding of electrical
engineering and other STEM subjects, his love of the outdoor5, and his desire to give young people educational
and other opportunities to make progress in their lives.
John Hampshire Bequest To support initiatives in areas of interest to John Hampshire, including geology,
archaeology, Roman history, Museum Gardens, education and YPS history.
19

YORKSHIRE PHILOSOPHICAL SOCIErY
FOR THE YEAR ENOED 31 DECEMBER 2024
NOTESTO THE ACCOUNTS
17 ANALYSIS OF NEf ASSEfs BETWEEN FUNDS
Unrestrirted
Undesignated Designated
Funds
Funds
2024
Restricted
Funds
Endowment
Funds
Total
Tangible Fixed Assets
Fixed Asset Investments
Current Assets
Creditors: Amounts due In less
than one year
903
S3,624
11,S43
903
455,114
27,674
8,519
11,395
392,971
4,736
{5,483)
(5,483)
Net Assets
£ 60,587
£ 4,736
£ 19,914
£ 392,971
£ 478,208
2023
Fixed Asset Investments
Current Assets
Creditors: Amounts due in less
than one year
50,380
23,152
8,085
13,514
372,970
431.43S
36,666
(7,778)
(800)
{8,578)
Net Assets
£ 65,754
£ 20.799
£ 372,970
£ 459,523
18 RELATED PARTY TRANSAcfioNS
There were no related party transactions in the year {2023- no transactionsl.
20