YORKSHIRE LADIES’ COUNCIL OF EDUCATION
REPORT OF THE EXECUTIVE COMMITTEE FOR THE YEAR ENDED 31 AUGUST 2025
The Executive Committee has pleasure in reporting the activities of the Council during the past year. The Yorkshire Ladies’ Council of Education (YLCE) has been in existence for over one hundred and forty years and, throughout this time, has promoted women’s education in all its aspects. For example, in the past, the Council established such educational bodies as the Leeds Babies’ Welcome, the College of Housecraft and the Yorkshire Ladies’ Secretarial College. Nowadays, grants and scholarships are provided for women, mostly in higher education.
Today, the Trustees, having full regard for the requirements of the Charity Commission’s guidelines, can demonstrate that all current YLCE fundraising and grant making activities are open to public scrutiny. The YLCE Committees, all of whose members give voluntary service, have supported women’s education by providing funds to several local institutions and community bodies offering some aspect of education. The Council helps to redress the present inequality of women in the workplace through its Educational Awards scheme and is therefore fulfilling its obligations under the Equality Act 2010 and providing public benefit.
All the quarterly meetings of the Executive Committee have been held in person at Forest Hill. The Awards Committee has also met in person to review applications and to offer and disperse grants.
The Council has seventy members, of whom three are Honorary Vice-Presidents, three Vice-Presidents and five Honorary Members.
It is with great sadness that the death was announced in June of both Dr Layinka Swinburne and Mrs Ann Clark.
After the resignation of the Countess of Halifax as President, the position as yet remains unfilled.
GOOD GOVERNANCE REVIEW
The Executive Committee reports on Good Governance at each of its meetings and continues to consider this in some detail.
Members of the Executive Committee have continued to undertake those administrative duties hitherto provided by a paid administrator, whose post was no longer sustainable. However, advertisements had been circulated for such a post, reducing the number and substance of the tasks involved. These resulted in YLCE’s appointing in August 2025 a suitable administrative assistant. The careful monitoring of funds by the YLCE treasurer is much appreciated and the Executive Committee remains committed to making the best use of its available resources.
The Executive Committee wishes to thank Mrs Anne Taylor for taking over many of the finance aspects of the administration and Mrs Gillie Andrews for undertaking many of the secretarial duties during the absence of a paid administrator.
FINANCIAL REPORT
A major factor this year has been the financial help given to Forest Hill (Sheltered) Housing Ltd. In Sept 2024, at the annual meeting with Rowena Houston at Rathbones, £80,000 was raised by the sale of shares in nine companies. Forest Hill received this as a loan at the end of September 2024. Repayments were to be by monthly fixed payments for six years, giving 4% interest. After two payments, unforeseen circumstances led to Forest Hill’s requesting a four-month repayment ‘holiday’. This was agreed and repayments restarted on 28 April 2025, with the same end date.
The annual income from the portfolio was down £2,380, due to the withdrawal of the £80,000. This would have been covered by the interest payments from Forest Hill, had there not been a gap in the payments. It is not foreseen that such a problem will recur in the next year.
The total value of the portfolio, allowing for the £80,000 withdrawal, rose 5.93%, which compares favourably with last year. By January 2025, the plan to re-invest the moneys repaid on the loan was abandoned in favour of making a temporary interest free loan of a further £10,000 to Forest Hill, in order to help with cash flow problems. This has not been repaid to date.
The charity is managed via the Admin account, which is separate from the Awards account. The income consists of membership subscriptions, a portion of the income from Rathbones, the interest on the loan, certain donations as well as a Gift Aid refund, totalling in all £8,490. Outgoings totalled £7,700, including £3,468 for Web-site repair and update. This was greater than the year by year cost and it may be necessary next year to take the cost from the Awards funds in order to relieve the Admin account.
Awards Committee income derives from the bulk of the portfolio income: £23,746 during 2024-25 together with some welcome donations. The committee gave £27,420 in grants some of which had been awarded in 2023–24 when a surplus had been available. As usual many letters of thanks were received.
Inevitably, membership decreased. However, a few new members were attracted to join the Council. The membership list now stands at 62, together with five honorary members and three honorary vice-presidents.
Many thanks go to David Hartley of Waite and Hartley Ltd who acts as our Independent Examiner and is always happy to give advice.
AWARDS COMMITTEE
The Awards Committee met in March and July 2025 for which a total of 193 applications had been received from talented and ambitious women who were unable to fund their chosen educational courses from their own resources and who are finding the ever-increasing fees impossible to cover without help. 58 applicants were successful, with 135 rejected. For those applying for courses within the academic year 2024-25, £500 was granted towards their fees, with a handful being offered £200 where fees for part-time courses are significantly lower than for full-time ones. For applicants anticipating courses in the academic year 2025-26, £600 was offered. In total we granted £32,600. There has been a gradual decline since 2020 in the overall number of applications received. This is probably because of the high fees for the majority of courses, combined with inflation and general financial anxiety, making applicants’ planning to fund courses precarious. It is doubtful that the ambition of
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women for further achievement has declined! However the overall distribution of Awards remains at approximately a 1 in 4 success rate.
Two further awards are made each year to outstanding individuals: the Donner Award to a STEM applicant and the Clarkson Award to a SHAPE applicant. The latter acknowledges success in disciplines covering the Social Sciences, Humanities, Art, Performing Arts and Economics, whereas the former covers the Sciences, Technology, Engineering and Mathematics. These 2 recipients have a further £400 each giving them £1000 towards their fees.
The vast majority of applications continue to come from women wishing to pursue studies leading to Masters and Doctorate qualifications. We have a very small number of applications from non-graduates, and we do aim to respond positively to them, for example, to an applicant wishing to pursue a course in Veterinary Nursing.
Committee members, as always, work with diligence and close scrutiny, whilst reaching decisions in an open and balanced way. As in previous years, many email messages were received from successful applicants, expressing gratitude for the Council’s financial support and agreeing that we might hold their contact details and call upon them in the future. We also receive a handful of cards and emails outlining future courses and careers once the original courses have been completed. The Autumn 2024 and Spring 2025 Newsletters contained some interesting and inspiring accounts from a handful of recent awardees, outlining their courses and future plans. Attendees at the March 2025 AGM were enthralled and impressed by the 2 speakers who had received our awards in 2024, and who outlined their courses with enthusiasm and clarity, whilst expressing appreciation of the YLCE support. All of these remind us of the value and importance of our Awards.
The Council wishes to thank Chairman, Mrs Carol Gleisner, for her dedicated and time-consuming work and all the members of the Committee for their diligence in considering applications.
SOCIAL COMMITTEE (Now incorporated within the Hospitality and Events Team)
As will be evident from elsewhere in this Annual Report YLCE Executive agreed during 2024-25 to create a newly titled Team including the former Social Committee as its core members. This then is the final annual report from the Social Committee.
With no one coming forward to replace retired members of the Committee the few surviving members were able to maintain the traditional service of providing social activities throughout the year. The events remained at the scale smaller than at prepandemic levels in order to cater for the smaller numbers attending. The Committee appreciated the way in which it was supported by YLCE officers, YLCE members and Forest Hill’s Directors, Staff and residents. The level of praise for its efforts expressed by attendees was particularly welcome.
The Christmas Fayre in November 2024 again took the form of a Coffee Morning with cake and mince pies in the smaller meeting room at St Chad’s Parish Centre. Stalls offered cards, books and CDs, in addition to the Committee’s own provision of its usual range of Christmas ‘goodies’. A large number of pre-ordered Christmas Cakes were available to be collected; the practice had been continued, as this had proved so popular during the pandemic. The day’s proceeds, coupled with the generous
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donations from YLCE members, enabled the Committee to donate £500 to Forest Hill earmarked towards supporting the gardens.
As the Inside-Outside Childcare at St Gregory’s had ceased operating there was no need to uphold the decades-old tradition of asking YLCE members to add to the collection of non-perishable healthy breakfast food items for its breakfast club.
In March, the Committee again provided lunch at YLCE’s AGM in the new timetable for the event established by the Executive Committee. YLCE members again gave very positive feedback about the lunch, which included established favourites and yet more innovation to cover gluten-free, vegetarian and vegan diets.
May saw the Committee marking VE Day, an event held in conjunction with staff and residents of Forest Hill and to which YLCE members were invited. Despite somewhat inclement weather, the afternoon proved very enjoyable, with food and entertainment echoing war-time provision and with many opportunities for socialising and exchanging reminiscences.
On Friday 1 August (Yorkshire Day) Committee members provided a ‘Strawberry Tea’ for the residents and staff at Forest Hill, with an invitation having been extended this year to all YLCE members. Under the leadership of Tricia Hollis the Tea has rapidly become a re-established tradition, obviously enjoyed by all attendees, with musical entertainment provided by Forest Hill friends.
On the more general policy front the Committee determined that any proceeds for its events during 2024-5 should go to supporting Forest Hill. It was further determined that after the relevant supporting donation had been made, the bank account could be as low as the minimum sum necessary to room hire costs, £250.
The Council wishes to thank Miss Juřica and all members of the Social Committee for their highly valued contribution to the Council’s events.
EVENTS
As noted above, the Social Committee provided a very successful Christmas Coffee Morning and Fayre in November. In May VE Day had been celebrated at Forest Hill, as had Yorkshire Day in August. In the previous September, a group of members, eager to educate their palates, met, under the experienced supervision of Janet Juřica, to ‘blind’ taste a number of sparkling wines, including expensive champagne and the considerably cheaper cava.
ANNUAL GENERAL MEETING
The 121st Annual General Meeting of the Yorkshire Ladies’ Council of Education took place at St Chad’s Parish Centre on Monday 3 March 2025. The business meeting followed the more streamlined form, which had proved successful in the two previous years. Two Awardees gave their talks before lunch to a highly interested audience. The Social Committee provided a much-appreciated lunch. The event concluded at 2:15pm.
NEWSLETTER
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The Newsletter is issued twice a year, in spring and autumn, is always interesting and very much appreciated by members, keeping them in touch with the activities of the Council. Very many thanks are due to the editor, Gillie Andrews.
FOREST HILL (This report will be inserted later)
Grateful thanks are given to the Board of Directors for their effective oversight of the operations.
A full report on Forest Hill Sheltered Housing Ltd has been circulated.
EXECUTIVE COMMITTEE
The Committee wishes to record its grateful thanks to the Chairman, Mrs Gill Lydon, for her care and efficiency during the year and for agreeing to continue as Acting Chairman from March 2025. The Committee also thanks Mrs Gillie Andrews for her work as Honorary Secretary and Mrs Anne Taylor for her financial care and competence as Honorary Treasurer.
Acting Chairman of the Executive Committee
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THE YORKSHIRE LADIES. COUNCIL OF EDUCATION IINCORPORATEDI A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED Jfst AUGUST 2025 Regi5ter¢il Numbor: 00082763 (England and Wales) Charity Number.. 629714 Forest Hill. 11 Park Cre8¢enl Roundhay Leeds LS8 1DH
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION {INCORPORATEDI FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31st AUGUST 2025 PAGE CONTENTS R•ptsrt of the E¥e¢utivè Committee Report of the Independont Examiner Ststsment of FancISI Actfivitfje$ Balanta Shgot 9_15 Notes to th8 FindnGial Statements
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION (INCORPORATED) Pr•sid•nt: Vac1 Vice Pr6sidènts rsGMArMI M18 M J Pullan MrsAGLyd Honorary Vice Presid•nts- Mrs E M Herbert Mrs F C Ltyan MBE The C155 of Scarbrc¥Jgh LVO Honorary Momb•rs'. MrR 8ym Esq Mfs J Worslèy Mr R Donn9r Charity Tru$t•- Honorary Se¢retary'. Mrs G mArreW$ Honorary Trea5uror'. MrsA M TaWor Executlve Committee: Mrs A G Lwlon - Actln9 Chairrnan Ex OfficK)'_ Mrs E C Gkisn8r - Ch3iTmanAvBro8 CommrtteÈ ss J R jUPa - Chairman Swlal Cornmit S M Cladtè Foresi Hill ReprÈs¢nwiv& Mrs M Bradb fvtrs P C MOIIL% Mrs S Hy¢Je5 MISM hlema55 Mts M J Pullan Mrs R Ward Awards Ct>mmitteo'. E C Gleisner . Chairma MG P Taylor -Se¢retary Mrs A MTaylor - Twsurei Mr¥ ts MAndrw DrA k Christs¢ Pli$s J R Julica NtsAMa Ms H 04¥ens Hospitality and Events T•am Previously 50ciai commrtt*• ss J R JunG4 Mt5 A Nl Lunn Mts E A stepn¥ MrgA M Twor chairman Pfvs P C Hollls . Secrelaryllreasurèr
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION IINCORPORATEDI struciure, Governanctr and Management Governing Document Thè¢xganisation Is a tharitabipanY limiteo by gU8ranteÈ. inCOTpNat&Y on 3rd December 1904 and rStered 3S 3 charity on 21st January 1964 The tompanywas estsb11$h und8ra Memorandum of A110 which esiablished the obiecis and [e[S of Ihe charitstAè company and Is 9ovem&d und8r ilsAthclesof ASSOatIon In the event tkne cotnpany bwno wwnd w nmber5 are Tequired colli11 an amwrn note¥¢eeding £5. Executive Committ08 ICh8rity Twstees) and Oryanisational Structu The direuors Of1 wnpanyare aso the charlty Irusisfor the purpGse of charlty Lgwam Undèithe wrnpanVsAtbcs e known as meTnbers olthe Cotnfflittee. Th¢ N¢anis olthè Counril 15 in thè hands ofaD ExeoJtsveCommrftÈèwhith rneets quartetysnd tharg8d ¥ith and detyS1 makirN. T[U&lSare apwlnted membe[¥ shthvan a¢bve inlprest In the obi2clves ollheirusi. ThtyoWn Ihelr knfftduè ewerience of educatn81 wliry Issue5 through past endeavours. The Offitet¥ the AdnIStraI1Ye Se¢retsry deal wilh everyday<othitm8ttws. The Ed#4 Scherne is mgnaged bylhe AwaTds Cornmittee. Foiest Hill {Shelleredl Hou¥ing L¥niled, a SdIary tomp3nyof the CourKII Is regpon$ibl6 forlhe running of Ftrest Hill a Shelter housinu s¢rETne The Directors ale all Couno¥l memb2rs who In a VOluniarycapaBIty The Chairm¥n of Forest Hill keeps Council tnétnbers acquainiedwlth the affsirs orthe housing schem The coun1 ho$ no effective control Overthe asse15 Qllhys Cornpany and 1$ unawo lo benefilfrom th08è8SSets du8to 1he14ilioTr in operation governiny the Cornpany Due this the Company has noi been consolidated as a Subsidwry Duiin9 tho yo8ra oviYand p3s1 leg81 advice W35 underfaken as to ihe rdatv)Th$hip with Fore51 Hill {Shelteredl Limiied This condudEd thalltr rebli¢n$hip h38 nolchanged Irom pasiyears. FO91 Hill IShEll¢r£dl Limiied Loan Theamounl owed and wilThirt ckbtors a1ts1siAugvsi 2D25 13 £82.625 RenIlY updated fire reoulaliDll5 had e55td expenditure by ihe Cornpanyon upgrading Fore91 Hill ata cost 0ver È300.000. Th h48 now oL¥1 Forest Hill Uplo thF tEwstandard5. Thls artI e¥¢seJ8d the reseNe$ ol me Ctthpany. The Trustee$ olYLCE itsown men10ravrn and AtiiclesolAssoci2tion allowed the Tw8tseato tnake 8uth a h)an. The Trustees reviEwE¢ 911 rele¥aDI Infoimabon 11 Ih8la delaullof Ihe loan was niWly unlikely. Foll1 8 Tw$tees me£ting on the 21sIAu9USI 2024 ilwas agreed to make the In 01£80,000 a14Yts Illteresi repayaDle fixed lwnlhlyplym¢nts over8years The fundgwill bè raised trom the investment The inleresl rettiva loan wll be useA lo leact lower inve51menl incotne so as not to have 3ny detrlmgniof Ul@ antici1£ future Incom& YLCE. The103n was aoreed on the 25th SeptemtrEi 2024. A further short ierm103n 01£10,000 was m¢ In ihe year. Indriidu81 rfernbers supportlhe thantableobje¢tives oloiheryoikshire bleS on Covn(xl is represen18d. Obj6ctives and A¢tlvltiè8 Background.. The YoffKshi Ladies. Ctsuncil Edub9 IYLCEI establish its E¢alloal Awards fn¢ in 1989-90. The FU was iNesled In the market$ wlh the putwse olgeneratlng in¢ome to se[Vi the Awards and eovèrexpense5. Thè main ¢tyi¢dive i# to prOVe educabonal 9r8nistOwomen and scholaiships to Irbttl0ttts tsthe EdurtIon of women. Tne Cwrdl Off$B ¥Wul 60 10 80 gran15 a year. ol sum$ tyetween £100 and £l.000 The $tsnd8rd granlwas sel al fSOO in June 2024. The average grant 1$ 11($ly to be £600. Grants 5UPWt FEES ONLY3nd are pa to InsbtutyoryoD behallofapplicants. In e¥cepbDnai Cifcumgtancè payThgnls ar9 ocfAonaiwmède to i*jaI$. Who is eligitle Pewn81 ap#tiOnS foreducatywal9ranbafe irNiled frorn BRMSH WOMEN vlho." 1 Ar8 18 wis 0108r. 2. Have been offered a Confirmèd ace al a Bniish educational instsh0. 3 Cannotlinance Ineir¢hosen Coufse trThn th&rown resol$ 8nd c¥n presenig se forsp6ual [ed. 4 Do wl walityfor 3ufrtMt LorJ Authorty or Governmeni SUPWrt (other than Foslgraduate108n$l. 6 Are not rolated to a rnber of Yorkshye Ladie$, Council of Educ&liOn. Achievements and Perfornance CouncJl conlnued ts m•At its obj£c¢ivo$ having made aw8rdB In SIM8rnuMberSaj finarKial Yalue ay in ty89r&.
THE YORKSHIRE LADIES, COUNCIL OF EDUCATION (INCORPORATED) Funds held a8 Custodian Trugtee on behalf of Olhors The Co1 and its Trusiees ho shaholdi In a sSl¥ryC0rnpany- FO$1 Hill ISheNeredl Houwry Lirnite¢r' This mpanY Is respmslè forthe wnniw of Forest Hill. a 8trtttered housing sctwne. tts actiM¢S a¢ wholly IndeFendeni f th8 eountyl's ¢pe[aln$. rill9 t year e9reed to ILwn mls Company£80,000 overfj year& ata 4Yo ift1¢$t i¥t Thi5was final¢ed afterlhe yearend Public Benefit statèment and Oblloation underthè Equality Act 2010 The Yotkshire Ladies, Coun[ of Edl)n prowdes public benèfit throuoh its educslional granb to 4wmen and lo Instifvjbons and Ihrouuh it8 support of tha ethJcalion&l aspects of othercommunity b15. The ¢oun¢il &eBks add$$ the inequalty of women's tspre8ent)n In me ukreChelS ol Ihe wofessRs. bushness8 u arts by supptsrbng Iheiredtse£ilI and IrIng r¢qiitements. thus fu111ng Ihe Courtil's thligthn underthè EquiliesAct 2010 The confirm ihai they Ve ferred to uitt ChaTIty CofflmsK)n's yuidanGe OTr ben8rrtthen Council'g £ims8nd obie#wes, in plaming fvIU actsves. and sottiry grant making policyfor iheyear Financial Review The charityconlinued to rsceive Itivestmeni Irttyre sufficieni Io¢¥try on its polity of making 5table3w¥rds lOappCaTrts. As Investments vaylTr linowilh the Intem$tTraI Markets. Ited jnv&slments Vedecieased by£39,931. Listed investmentsal the lance sheÈtd31e OlAy 81 a m(el value of £713.578 plus108n to Forest Hill of £82,825. Investment and Rèserves PoIY Trusw&8togetherwilh Iho Inve$trtbpnlMan8oers review ihe entire ptthlio ol Inveslmenis annually. Th&ymay Oi$w¥e of certain h¢rdings and rerlatsthem wilh holdiwsiheTTvslees considerMTh havegreaier pDtenbal J11110UIdl1uknrn0 In8 level of Ineomg Any Ill511 u$uaNy bè Bod1 lo 8 ho1 in the exiS1ing Podfolio. TheTruslees maintsin on9olng rèvi¢vB of the portfolio an in depth vIewaPpX1Mal1Y every 3 years SuDse¢uemio trbe Balan¢8 Sheetdate an annual review has taken ¥ce. This h&staken into 8¢wunllhe loan ofE80.000 and fuTther h)an of £10,000 to Ftyesi Hill (Sheltered) Houn LimitÉd. The funds srs ¢onsideied to be lev4 lo meet the onooing 8clivilies fN the next 12 rnonths. is the Trtse9 Policytohold approximatÈly£5,WO In cash in a Virgin Money Actnt as a'last resori. to 8t1 obigdives olth¥Charity. Thè iotgl of £81t.249 cornpnso in main. the capital fund ¥thich It8$ Ihe revalued asyels al a galn ryver co¥t¢i £276,574 t09ether¥th Ihe h0sFrfIItyan eventsfvnd of £671 Thecatital fund provQes the incfft to tneei the obpcbves 8nd go¥nan wstsof the Ghaiiiy. Plans for FU1? PÈriod¥ Thè EXeve Commiiiegfeel 8clvibes of the charity¥11 Wltinue on a $imilar b¥wsand al a milar18vel for ihe rtte$e8able fvIu. Rttsponsibiliti08 of the Executbve Committee Company lay4 wuire8 the Exeurtwe Cotnrnitteeio prepare financial 5taternen18 luèach financk91 ye8f¥¥hith give a twe f&irvi6v of1 slate of the afi8irs of the charitable¢ompany as al the balan¢8 sneèi te3nd of ils Incomiry resoLK¢8$ ¥nd appiic¥iioD of resource$. induding irhcome and expen¢iluie, forlhe flnan(Jaiyear In prepann9 tno$e IinHnua 5tsfrmonts the Ex¢wtsve Cotymiiiee 5houK folluw be$i wactsteand. -atslIatrAe aD)>untsng polic5 and then apptyihern IsiSmty.' - make judgements and esbmates tha1£ aOne and PTudent. 3nd Pare the stslementg on the golng GOnn ba5 unl85¥ li Is knapwoprie t98¥5urne thaithe companyvAII ¢oDbnue on ihalba$i¥. Tho Exocubve Comtnittee ackn8¥ rts reswn$itslllies - en5U[g thalltrÉ (nmpanykeeps aL¥Jting s¥ICh comFfyMriYI Sectson5 386 387 Of the Compan¥ Ad 2006". and - finaTKial stamÈnts whith give2 twtr?nd lair VWo1thE 8r¥ of ihecompanyss 81 the end of each finar1¥1 yearand of ils $1&tWn1of finanual actiwli?s lor each financlal In attAirdance wilh lh& requirements ol Sections 394 aDd 395 and whith othe1$? comply with Ihg requirementè of ttr Companièstht 2008 rdatins to finan¢rai staknw, 30 far a¥ appiicabk tts th¢ romparyy. Independènt Examinof and A¢¢ountsnts Mr Hartley FCA, FCCA ofwaite & Hartleywas re9rned a$iheCn8irfae mpanY$ Iep&nonIeMarnrer3no aecountsniiuring the ye£r8ThY h9$ $Mpressed hisw4lllrnèS& toconlinue In thai cawty. Thls report has bg•n pr•paT•d In ac¢ordB Th¢0 with tho speclal provK4ion8 of Part 15 ofth¢ C(ynpans Act 26 rgllng tosmall compattios. Appyoved by the Exocutl¥o ¢ommi#ee on 24th November 202S 8t $i4nBd on its behalf by.. o Lq6M, c6Wufv /1 fv,r.. z Mrs A G Lydo - Aciing Chaimian Mr• G M Andrtw . Secrots MrnA hl Taylor - TroJ$ur
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION IINCORPORATED} INDEPENDENT EXAMINER'S REPORT TO THE EXECUTIVE COMMITTEE OF YORKSHIRE LADIES. COUNCIL OF EDU¢ATfoN IINGORPORATED) I reporton thè aetOuntsolth& Company Elhe yend40 31slAwuSt 2025hichare setouion pages7 VJ 15. ReÉpective respon8ibililies of trustees Jnd examlner The trustees Iwho are aso the dir6¢tss ofthecon7panyfor ihe purpo88$ olcompany Idwl sre re3tx>n3ie forihe eparaiion of ihe accwnts The itU51eescon&d8fih8ian audit not wuired forlhis yesr undeisection 144 Ollhe ChariiisAc12011 Ilhe ¢h$ribe5 Acll and thai an indepetthnÈoxaminK>n Is needed. Having sabslied mysdl Ih81 ihe chatity 15 nDtsubJe¢tb aUdrtuThJer¢omp laWar Is $I1ble for independenl¥xarniTralion. Il rs my ie$ponsibiltyto' . èxgrrine iIEaccounl$ undèr19cb 14Sof the 2011 CharibesA¢t, - to the prccedu¢$ laid down In the weral Diiectlons 08n bYtheChantycomNion under section 145151(bl of th¢ 2011 Charibèa Aci, a - ts statevthetnei plrticular maiters haveix)mèkn my attenkn. Ba61s of ind•pendnt exarniner's report My ex£nMn8lion 4vaseAM in acwrdatKe thè g&neral Diredions 9ivsn by Chaiily Commission. examinaiH)n includes a revIewde accounting COrdS kept bythe chadty8nd a comparison of ihtraccounts pientsd with thDse re¢oid$ 118lso Ie8cn$ern ofany unu$u81 Items ordisclosuiè$ in the accounts. and seeking eXanaon8 Irom you a3 trustee$ conceming anysuch matters. The piocedures unaertaken not ali the eviden¢¢ that wwld be Eyuirtsd in an audit and unSequenY no opinion is given a5 to¥ther the accounts wwia'true ano fgir view, and the is limited lolhose mattets sel out the staièm&nl bel. IndepèndÈnte¥aminer's 8tsmènt I have Gompleied my exaTninalion. l Gonfirm In81 tK) matenal maiters have cLTh2to aueni&)n wnith Owèg me wse tobeheve knal". ' accounbru rac0rdswe Th)t kept in sccordan¢e 386 of lh& Cornpanie$ A¢1 2000, 01 ' the ¥counls do not ac£ord such rEcortt5,' or * the cOU$ do not comply wrth relevant a<xountsng requiremenis under8e&ion 396 ollhe Companies Ad 2W6 other any reouir6menl Ihaithe a¢¢ounts give a 1rueand 1811 vw which is Otst a mai6rconsi4ered aspartofsn In4epwdeniexaminabon. or * ibpaccounts ve noi w prepared In aecordan¢&wlh the Chan*$ SORP IFRS1021 I have [CDcer¥?nd have me across nootheT mattets In hneon the examits( lowhth attl¢n shtsJFd bedrabyn in this retxxt in ord&r10 enable a properunderswndino orthe aut3 to reathed. 24th Novomber 2025 David N HareY FCA, FCCA Waite & Hartley 66 North Street Wethertjy LS22 6NR
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION IINCORPORATED} STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31ST AUGUST 2025 UnrestriGt9d R•8trlct¢d Fund5 Fund5 2025 2025 Totsl Funds 2025 Total Funds 2024 Notss Income.. Doftat5ong and sknb¥rrfptlons 2265 22es 3282 IKorne from charita3et1VM0&'. 875 6T5 FundtsIn9 events Investment lThcom• 28828 228 309Z6 Totsl incom8 31768 31768 34887 Expenditu¥e'. Cost of ralslng fud$.. Investment managèmentcosts 24S5 2455 2$ Expwdlture on Chariiable Aeuv8.' Grants, dOnaon$ wvernance 37238 37Z38 3d302 Totsl expgnditure 393 39693 36898 Nei losses and gains ¢)n Inve5trnents 40217 40217 61134 Net lexpenditurevtncome and movements In funds for the year 32292 32212 S8123 Reconciliation of funds TDI?I fwd5 brou9hl lorwafd 77WS7 779057 719934 Total fund5 carrf8d fr>Yw4rd 811349 811349 779D57 T8mOnt0f finan(xal 8dlwd¢s intluJ8sall and loss in the year Al Incomeand exwdilure oerive trcm conunuing aaNllles.
THE YORKSHIRE LADIES, COUNCIL OF EDUCATION IINCORPORATEDI BALANCE SHEET AS AT 31ST AUGUST 202S 2025 2024 Notes Fixod Assots Tangib 899eis Investments 713576 7$37 713S78 753507 Current Assets Debtors sh al bankand In ha 14 83993 35307 2550 43293 119300 4$843 creditor8 Amounts falling due¥dthin oneyear 16 Z0293 Net CurrentAs$ets 97773 250 Net Assets 811349 779057 Thè funds ofthe chartty UnrMtr5Gtsd fund8 Designa funds Gener$i funds 26 810423 871 778386 811349 77W57 Restrfcted fund$ Total Charity F$ 17 811349 T19057 For the yearended 31stAtyu$i 2025 Ihecthmpanywas 6ntiii8d toexemTr umersubsection l of sethion 477 of the Cotnpanies Act 2008 Diiecth rewrtslbiities." The Memk15 have not requlred me company to obtaln an audrtof 118 actountsbrthtr5ar in question in accordancèvfilh sèction 476. The d1clOr$ acknowkdgeth*r re9sIbl1ty for¢ompiwng wilh the wuirerneTrts of theActWith io aXoun$ reeords$nd prepalI0Th of •¢wunts. The nanCl 5131efflents have Fyepared in atsxrdw¢e with th& special mi&onsof Part 15 ollhe Companies hct 2006 relabn9 10 Sm1 (mPanieS. Approved by th•diroctors and trustees IEx•cudvtr Commttteo10Thth4 24th t41mber2D25 and slg))ed On ts bgh•lf by:. J(ty Mrs AG Lydon -Acllllg ¢halm)aTh Y8 G M Andrews Plrg Taylor . TreaSur
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION IINCORPORATEDI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 1. Accounting Policies The pnnapal accountsn9 Poli8re 8umman$& beknw. The8Cu11nv have been applied CDnsi6nityihroughout 1kyear and in Ihe prece4ing wr. A- Ba9Lg olac¢ountiTrg The stslementol attounts havebeefi prepa in accOrdanceIlh the CoMpanS Act 2006. the Slalemwl ol RecThnm&nded Pracbcè. Accounling Rpothr bythe Charities PTeparing ihe1rÈvts in acco# FR8102 (effec¥ Isl January 20151 ano Gfhiriuet SORP IFR51021, applicaDieauounbnu 5taDdard3. Where cess3rythe headings laid down In the have been adspted to tneei the special bVille$ ollhè Council. The Council qualilies3$ 8 small Company under ihe Act and the Trustees have eILe4 lolake vantage olthe ememplion not to Prepa a cash fiow$tsieTnent. The COL11 meet5 ihe d&finrfI of a public benÈlitènbty under FR810t Assets and Ilabile$ are Initlty reOnI$e al historical cosiorir3Tr¥acbon value unWs oiNeMse saled In lh8 rdevanl accounting licy note B- Fund Ac¢ountyttu Unresiithd fijnds aye av8iWlèfor use 21 thè distt8bon dthe trus¢$ in fvrtheranedthe 9enetsl bltiVeS ofihe charity. uniesiithd funds IrtluLk8 revaluaiion reserve repres the restatement ol listeJ Investsni8$seb21 maTkglvalue. Designated fund5are uniesiTth1 fmd$ eamart80 Ex&tsVe ctymmltteef0rpaeuIar purpo&gs Restricted funds We wbipcl to èxpgndlturè imp)sed by1h9dor. General fund (Capital fU1- re$iitW ¥nLI wre8thcted The resetve reflecis ihe original capital toueiherwith Y spe¢lfi¢ donations or 9ifts and 15 Vsed to provide Inci)rne trihe8wards reSee and m¢d the fflana9emenl exp•re$ ol Company. Mosritaiityand eventsfuno Ipreviovsty- Sxial fu1- unreslticted dewgned The reserv¢S donatx>ng10 th* cour11 andlo similar¢w8niS¥ITrs Iiom events undertaken In the ye8r C- ¢on8Olldated groupaccounts Th9 Company has r pware¢ Consolidaied GroupAccixJTrls by tsking aovantapof the &xeFnwon allowed w Ihe Ctynpanies Act 2006 The Company and rts Subsidilry, Foie51 Hill (ShÉkor> Housing Limited, oualifi&sforihe exempbon being a srnall szed group D- Incomè All IncyE i¥ Included In the ststemgttotfinaDrAal activnieswhen the chanty Is entitléd lots Income and Nie amountcan be quantified reasonabb a¢wrdCy The fI%1n9 swlflc wli(i•$ ar& applied to p2rb¢ularcalegories of Income". Voluntary Iffle Is recer byway of dOnaOn8, g1ft$ ancf sub5CriPtion$ ar ig Inc In th• ststeffleni ol Financi81 ActMlie$Ythen rectivable. Don¥ted servi$ and ts¢Nth&s are not¥Ved as they lmrnateI impracii(al to valu8. Investm1 Inrne is In¢deown recayable.
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION (INCORPORATED) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 Icontitiuodl 1. Accounung Policie8 Icontlnuodl E-Expendttur• Expendrfvitr is recoonised on an accrua15 ba%s as£ lthility is Incurred Expendiluit in01e5 anyVATv¥hich rAnnot be re¢oY¥ed. Is ieported as partof the expenditurètOwh¢n Il r8lat88 Costs ol geTreratsTrg lunds mprise1>se costSSSSOCkqled man809 and gtti3ctin9 funds. Ch8riY¢ b¥leS Indude tho¢osls assorJated wlth deliV•Mg ibaLivltle$. Governan$ Indude those eosts as%JrIed wrth meetlng the ¢on¥iilulional and glaiutory rtquirEfflents of lh¢ charity and indudec05ts linked to strateg managememoflhecharity. All cost5 afe alloca between the expenditure caleoorB8of Ihe SOFA on a &18 de$igned to relect ihè ugé ofr8source. Aslhe Principal abi81Ve5 ale orsanised tycomtnittee ing mlnm818Clual costs all otherC0s a treated as wvemanc F.Tanglble Flxed Assets tsepreciation Is provided ¥1 a rale of 33 33% redwng ban ba&$ in w¢61 toyfflteoff Ihe &%Eeloverits lmaa usefvi life. G. Llstsd Invtrstrnents Inveylmeni$ held as fix a35ets arècèvakned * rnid-marflet va& tya[e sheeldats and the gain orl0 tahen to the siattyhwlof FiDanG&II Ac1111es. H- GoiDu Concern The Coun¢il ano EAeoJtive Committee are noiaware ofany COemS that ch8ty11 not rn881 its obligations forlhe Dext year. 2. Connoetod Charitigs and Branehès The Cwneil Is wnne¢t8d to Fest Hill Ishdteyedl Housing Lirnited. a 8ubsidiaryCompany due to thecountsl own1 eg.g% of the &harerAwtal The ¢omp8w Tun5 Forest Hill, a shelte& Musing Scheme Group3ccouniS are nDt prepared as the Companys ac1iviiie$8 whollyindependentof thè CoUnrd'soper?ITr. A to Foresi Hill Df £eO.000 814% Itrterest¥Ya3 agre the KWV5 yearaDd drawn dovm in Seplernber2025. Tni$ isio b& repaid over Syears. Afijrtrer shorter tetm loan c£10.000 wa& m8dE Ihisyear. As al the 31st August 2D25 amouTrl outsta1r of £82.625 is reflected in Demors. 3. Trdn¥actions with Trustees and Other Connècted Persons NoiBnsa¢bonswith aTryTTUStset{k oace. Thé Counril operates r8nifv&&trom premises owned by Forest Hill {Shelleredl HcAjs9 LimltÈd. 4. DonatM>n$ and Sub$eription$ Re6trf¢ted 2025 Total 2Q24 Donations Inl11M9 Plivaio¢ollti6 by members Sub8¢ripbon$ Tax re¢ovrabl¢ 640 127S $50 1355 1275 350 392 22 2265 3262 S. Inve8lment Income Unrestricted 2025 Total Unrestrfcted 2024 Total Gm$$ Interest from Invethents Dividend ¢ther irKotne frot vesbhents 5255 S8 23373 24564 28S28 3092e io
THE YORKSHIRE LADIES, COUNCIL OF EDUCATION (INCORPORATED) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 202S (Continuedl 6. Grants, Donations and Govgrnance The Counul un18ke$ Ils a¢irlrte$ Ihrouw ¥holarshipsand &Ucat81 8W8fd$104 numb0111vuJ1sd insiilulions iTrlunh¥ance Df it3 Chants)0bjectlveS. R•strlct•d 2Q25 Totsl 2024 Total SchoKatshipgawardgd Educational grants tyarfed t of ¥YithUrawals 1lOJ 28719 500 29219 480 7539 28719 25774 1000 27974 Nots7 29219 Govwnance (uta Suppm Costs Note8 Not•8 7539 $948 37238 37238 343V2 7. Donation5 2025 Totsl 2024 Total Frotn Cgprtal Fwd From Saual Commlttoo Fund HsrehilLq English nguage Prtti Forest Hill Resiaeniiai Home 1WO soo 1000 8. Support Costs 202$ Total 2Q24 Total Admlnists*ors fees Gener81 and expewe$ Websrte update Mewslèttèr Accountantr/ DÈprecistion of tsnu1b fixed assets 64 1828 30 1782 18S7 1170 7539 5948 Al Ixni$ are811Ctsted and are treat 8ggov&rnarLecosts as trN8rf83re bYttle twhD provrde thelr Umè on a Vuntary ba$6 This lime Is nolcosled. Gov8m8nce E480 c%)ver8ihef88fr)rthe Inderendeni Examination the rérmytthèreon. 11
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION IINCORPORATEDI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025 Icontsnued 9. Net Gains and Lo8se8 on Inve5tm8nts UnrBth¢t 2025 Total Unr•strtCtsd 2024 Total Realised gainglk)5sesl dtspo8218 Unreali$ed IlossesV9an5 on rÈv?lu3lion 43010 IZ7931 7P49 53185 40217 61734 10. Tangible Ass•ts Olnce Equipment Co$t'. As at 31StAugu612025 1st Sgptèmb¢r2024 783 D¢precldJon As 3131gtAugugl 2025 1st Sept£mbèr2024 763 Net BL Value As al 3131 August 202$ ano 31stAu9USt 2024 11. Invèsthients 1025 2)24 Sted at mstkel vue UnlBled 81 COSI- Ftre$i Hill Ishdteredl Hous4ny Limited Note 12 Note 13 713525 51 753456 81 713576 753507 12. Listed Inv9Stments MarK8tvaiutr 2015 C05t Marketvalu 2024 Equiues and mi18finve$imenl8 Fixso Iniwest governn*nigecume$ 417133 19818 093320 20205 437432 19590 733387 2DOSg 436951 713525 457022 75345 12
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION {INCORPORATEDI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 318T AUGUST 2025 (Gontinuedl Anatys15 ofequ8 and $imikirlnw$th•nts Number Held Cost Yark4t Value bèrdegn stsnd#rd Fund A5traZen8c3 AXA Invesltnent Manag8fS- US BAE Syslerrs tdc 19068 200 39795 2400 610 $400 3015 4350 iooo 24375 11302 21WO 14863 2840 1653 8322 3825 11S7 21500 2100 29 1108 47 9250 23580 34021 42180 fj2584 12817 7958 10$95 18548 1$16 13006 11453 20026 5070 8967 16319 13987 22690 14681 30327 12057 9300 BNY Fd5 plc 8Ppk City ol London Invsi GrP plc Compass Group p columb T Invesbneni Funds pfc Columbia T YeSteI Funds plc Fi(Splity Inve8lmenl Fundsfvbnty BuleT Franklin Tempieion Invesbnents plc F & C Investment Trust pl¢ GSK pl¢ HICL lftfra¥lwdure Ccthparyltd HSBC HO19& PIC Ini PU pathèr Itd M & G Securibes tyc M & G SeGuriiies rl¢ M & G SecuniiE¥ Murray Interrkgtionai Trust plc Natronal Gild Grgup p Penti#l klc 1302 21685 25120 13443 16773 15056 33029 24010 997Q 36211 562 14278 41585 35721 32968 24300 3167 19759 9638 9954 15414 23282 17221 5673 t3244 6644 33$ IQ99 33476 Shell plc S¢Wders UnilTiusl plc SSE pl¢ 21792 38732 863 2310 6553 232 265 7405 Unitsd Utilrfies Wa¢hovse Ralpl 417133 693320 A15 ofllxgd Intyr•8tgovemmetst sÈturtloS Number H• ost Value UK4.125% Bds 2027 UK4.25% Snr8ds 2027 e10.04Q £9.9 9882 9936 1010D 19818 20205 13
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION
IINCORPORATEDI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST AUGUST 2025
Iconttnuedl
13. UnlistEd Investrnents
Foresi Hili IsrE1Eer) Mous1[ Litted, a sheltered Sing ¢xMpX in North Leeds of 31 Units IS 3 Subs1¥ry Company
Of TheYkShI1? Ladit$' Counul of Edu¢ation. Ilhas an ALrthorised Share Capit olE100£1 Ordinary Sharesof which 73 are
ISSLd. The ¢ouncA owns 51 ollkEse Sha5 Oue to rhe lack Df Èffective contrd ar the inability io Contr ftrtwe of Ihesssè
Ilwas wound up. th Company h88 not bn consolidated Ès ¥ Subsidiary The Trustses fflainlain this is the still approwate
11 has been nothFd that 5 shares byolherpeopie have en GaRue0 ty Forest Hill re1 year
Thè ¢ompanyoperates dr&nnllY of ils PanI ¢ompaDy.
51 Ordinary ShafeG-2025 and 2024- Cost
51
Pertèntage of Issued Sh8re Capital
69.9
Thè Truségs feel it19 notnètsws8ary to reptyt rurihEr
THE YORKSHIRE LADIES, COUNCIL OF EDUCATION {INCORPORATEDI NOTES TO THE FINANCIAL STATEMENTS FOR THE Y&IR ENDED 31ST AUGUST 2025 Icontlnuedl 17. Analysis of charitab Funds Anatysis of movements. currnnt y•¥r Ftsnd as ¥t 1st SÈptswbBr 2024 Incomlll9 Re50ur£es Ilnc. galn5} Outgolng Ro8our¢es Ilnc. IOÉAO81 Fund as at 31stAugust 202S ReStrted Reslricted Donaln8 D¥sign?ted- H0¥pitalg and events futyy Genw¥l Fund 671 778& 77W57 75 71985 72860 620 39948 40568 810423 811349 Total funds 7T9051 72860 40568 Purpose of Ro$trf¢tod Funds No tricied tunds Èxi8teJ the yearor81 the 1¥e gheetdate. Purpose ofunrèth¢tod Funds The social fund providtrs donslions lo simikror0anisaii¥ frINn evenis undertaken in ]year The 9eneY81 fund l¢apital Teflects the ts)ginai tswtal togetherwith any sre¢ifi¢donations, gitsor Investment rev8luaiion$ nd Is used 10 proviaè inffjme foi the wNard¥ res8fve and meEI ihe management8xnStr&QIIhe Company. 18. Mtmbor5 50 Ordinary members CurrentannuJ memlErSh is £30 perannum or£150 fry 5 Yeats. 12 Exisbno Life tnemiwseach h8¥ino £250. 3 Honorary membets. Members rewesentlw membwswilhin IhefinancKal wr. 15
THE YORKSHIRE LADIES. COUNCIL OF EDUCATION IINCORPORATEDI INDEPENDENT EXAMINER'S REPORT TO THE EXECUTIVE COMMIThEE OF YORKSHIRE LADIES. COUNCIL OF EDUCATION IINCORPORATEDI I report on the ar£ounls of Ihe Compsnyforihe y88rend•d 31$1 Au9u$I 2025 vthich are set ouion p4es7 10 15. Respective r6sponsibilitie$ C+f trustees and examiner Trtru$¢S knO sfe also the directors of the>MPanyfo[tkne wtPDsesof MpanY lawl art i¢sp¢nsltAè trthè prep¥rabon of theattounts. The Iwstees con%derthal an audrt r6 Th)1 reguired rth1$year yer¥£clOn 144 Df the ChaiiiÉ$A 2011 lthe Charities Act) and Ihatan Independ¢nteyaminabon is ne8d¢o Haying satiSfjO0 mysaVthatth&¢h8rity1g not su¥eclto a111 underenmpanylaw Is e17blor1¢p&ntsThI examinabon. Itis my reswnsllity to". - ex3tTrifi the a¢¢ounts rr9e¢ll¢Th 14Sof the 2011 chaeSACt.. -to ftyiiow lh¥ prttedures18id In the 9eneral Dlrethons 9iven tythe Chatty Commiswon under 8ection 14515llbl ollh# z011 ¢h¥nbe$ and - ¢0 siaie ¥hetrpaCur matters have corne lo my attention. Basis of independent examiner's report WeXaMinat ¥¥aS caffied otsi In 3ttordan%th the general DIFectK>nsgiven bythe Charitycotnfflission An Èxamination In¢lU ¥ ollh8 0Unb reo)rd$ kèpt bylhech8rity¥d a mpar40n ofthe aecounls presented with those rra$ 1181$0 In¢iuO0$ wn$idwabon of aty Unusu Itema or dtscIo8ures In the accounts. 2nd seeklng explanations from you 8Sttu$bes wn¢ernirtg any su¢Th mattor$. Th¢ pro¢8aurs undertaken do Mt provldè all lh¢ widenc tha1wou fequirÈd in an audrt 8nd ¢onwueniiy no Oplnion isoivsn ¥$ iowheiher th8 accounts present a and farv thè reptyt IS Iimil4 to IhO$e mgv¢r$ $$ioul in lh $¥tsmÉntbèh)w. Independent examiner'8 Statsmont I have wmpleted myexaminatiw. I wnfirm Ihal no maiiJ matters have wme to my altenbonwhich gNes me cause ID bèlleve thai. • Jwounbny Wr4Swe notkept in 8thxrdareY47th sectn 388 oflhe Cwpanies A¢120W, or . the accounta do nDt aurd wth such le)rdS.. or . the 8¢WUnts do not ¢om>y¥wiih Elevanl ac¢¢unling Wu1mentS under 396 of th¢ Companies Att2006 otherthan 8ny requirement Ihatthe attngIVe a'true and fairf via¥ ¥whh 1$ rM)t a matter ¢ortsidered as D8rt of8n In(Èpendenl examin81i¢n. or Iheattwnts have notbeen Weped in accord8nee wrth Ihe ¢hanlies SORP IFRS1021. I have rK>tonrm$ and have ¢ome a¢ross no othermatter8 In nneonrththt examination to attention should be drawn In Ih1s report In orderto enaLle a propprund2rslandiw of ihe aGru13 lo be reached. 24th Nov•mber 2025 David N Hartley FCA, FCCA Waite & Hartley 66 North Stt Wetherby LS22 6NR