I CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01 July 2022 to 30 June 2023 Charity name: Bishop's Development Fund Charity registration number: 700588 Objectives and Activities SORP referenL* Summary ofthe purposes of the charity as set out in its goveming document Para1 17 The objectives of the trust are.. a) to promote any Charitab purposes wrthin the fomier di0se of Wakefield, which are in need of spiritual or material assistance by reason of social or economic changes with a view to reinforcing Ihe work of the Church of England among the people of that area. b} To promote and assist the charitable work ofthe Church Urban Fund. In planning for activity for the year the Trustees considered the impact on the wider community (for the public benefit) of the grants made. The key aim of the trust remains to support locally based projects where mission not Maintenan is the mainstay of church lrfe. During the year 30 grant applications were considered and grants (in full or in reduced amounts) were awarded to all 30 applicants. The Trustees met visually on two occasions using Zoom software - a practi established during the Covid pandemic and continued for convenien. The Trustees are aware of and have considered the guidance issued by the Chartty Commission on public benefit. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services idenlified in the accounts. Para 1.17 and Statement confimiing whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 Addttional infomiation (optional) You ma choose to include further statemerrts where relevant about.. SORP reference The Trustees consider grant applications from church organisations with the purpose of supporting mission within the former diocese of Wakefield specifically encoura Para 1.38 Policy on grant making
Congregational growth - projects which provide new facilities or initiatives to encourage increased attendan and support for churches Attracting young people - new inrtiatives to attract and retain young worshippers Community outreach - new projects to bring wider beneftts to the wider local communty, helping and working with local people. The Trustees look favourably on applications for. Initiatives to encourage the fomiation of new Christian communrties and groups Projects working across parish boundaries Environmental and gfeen communty initiatives. Applications are not nomially approved for.. Salaries of paid slaff Purchase of equipment for"nomal' pattems of worship Building work - including the repair and restoration of church buildings. Examples of the projects benefitting from grants in the period are.. mission to children and families, toddler groups, community café clubs, wam spaces, contributions towards communtty focused equipment and training, holiday clubs. musical outreach and missional events. Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Perforniance The Trustees have paid all approved grants when requested by applicants. The grants have financially facilitated projects identified and carried OLrt by the applicantslbeneficiaries. Summary ofthe main achievements of the charity, identifying the differen the charity's work has made to the circumstances of its beneficiaries and any wider benefits lo society as a whole. Para 1.20 Additional infomiation (optionall You ma choose to include further statements where relevant about". Achievements against objectives set Parn 1_41 Perfornan of fundraising activities against objectives set ParJ 1.41 Investment performan against objectives Para 1.41 Other
Financial Review Review of the chaty's financial position at the end of the eriod Statement explaining the policy for holding reserves statin are held Amount of reserves held Reasons for holding zero reserves Para 1.21 The Trust holds sufficient investment assets at Cuent market value to fund rants for the foreseeable future. The Trustees do not have a reserves licy. Para 1.22 Para 1.22 Para 1.22 Funds held by the Trust do not have restrictions placed on them other than to be used for the oses of the Trust. Not applicable. Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.24 Para 123 Not applicable. Additional inforniation loptionall You ma choose to include further statements where relevant about.. The charity's principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Pata 1.46 Other
Structure, Governance and Management Description of charity's trusts.. Type of goveming document I Il Lisi dera r.='.ia.' nya,, Para 1.25 Trust Deed dated 12 August 1988 (as amended on 11 November 2019 by su lemental deed . Trust. How is the charity constituted? i e.a Lini,Tcorporated Para 1.25 Truslee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entttled ta appoint one or mole trustees Para 1.25 The Trust has 4 ex-officio Trustees (Bishop of Leeds, Archdeacons of Halifax and Pontefract, Chair of the House of Laity), 2 nominated Trustees and 3 co-opted Trustees. Additional infomiation (optional) You ma choose to include further statements where relevant about= Policies and procedures adopted for the induclion and training of trustees Para 1.51 The charity's organisational structure and any wider nelwork with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Chari name Other name the chari uses istered chari number Charity's principal address Bisho 's Develo ment Fund 700588 Bishop's Area Office Thomes Campus, Thornes Park WAKEFIELD WF2 8QZ
Names of the charity trustees who manage the charity Trustèè name Offi¢e lif any) Dates acted if not forwhole Narne of person lor body) èntitled ornt trustee ifan Anthony Robinson Peter Townley William Braviner Matthew Arnbler Nicholas Baines Alison Dean Chair Treasurer To 7 September 2022 Angela Byram Elizabeth Morton Brian Pearson 10 Keith Liddle Treasurer From 7 September 2022 12 13 14 15 16 17 18 19 20 Cor orate trustees- names of the directors at the date the re Director name ortwasa roved Name of trustees holding title to property belonging to the charity Trustee name Dates acted rf not forwho ear
Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects ofthe char5ty on whose behalfthe assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's ovrfn assets Additional inforniation (optional) Names and addresses of advisers (Optional information) Type of Name Address adviser Name of chief executive or names of senior staff members (Optional inforniationl Exemptions from disclosure Reason for non-disclosure of ke rsonnel details Other o tional infomiation
Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charty's tru Signaturels) Full name(s) Anthony William ROnsOn Position leg Secretary., Char Chair. etc) | William Edward BRviner Trustee Date
CHARITY COMMISSION FOR ENGiAND AND WALES Receipts and payments accounts •tM7r2022 CC16a To Section A Receipts and payments Unr8strictod Restricted Endowmwrt Tot81 funds at ye•r A1 R•¢•l C8F Prcp•rt Fund BF InvoBtm•rt Fund ¢BF DdPO•rt Fund In klonoy 21A1• 21A19 Sub tot•l(Gross lor AR) A2 A8••t and Inv8slmrt 19. Iw tsbl81. Shar¢ Salo JJW34 JS.021 ub tot•1 13m4 A3Pa Gr• 8•nk Ch 02,432 •2 Sub totsl n24Y 6)*7• A4 A8••t #nd InNYgimwrt reboSgB. e tabl• Sub tot•1 73,243 03,679 Net ofre¢elpts/(pJym•nts) - A5 Tran8for8 b•fvMon funds A8 Cash fvnds last y•ar•nd Cash funds th1¥ year •nd ¥,709 11.265 16.556 26,91 26,201 1•W6 21¢120?4 CCKX R1 arxyjunts ISSI
Section B Statement of assets and liabilities at the end of the period Unrestricted lunds Restricted Endowment fund$ to Ir•t£ Categotl•s Dètsi B1 Cah fvnds 14510 rot•1 eash funds lund• fund$ to n••r•£ thtslls Curwrt¥•lu• 83 Inve8tm•nl ••••ts 442.793 964,112 BF Citff•ntv4lu• Datal B4 A•••ts r•tsSn•d for th• charlty'• own u80 •4nounidu• Wh•n Deialls 86 Llabllllle• byLTh LtsNofoM Ihe S3 Pnnt Narne D8t8 of rov81 21.4.24 Wdliaffl BtavirKr 21.4.24 CCXX R2 *xw)ts i&si 21n)412024
INDEPENDENT EXAMINATION OF THE BISHOPS DEVELOPMENT FUND FOR THE YEAR ENDED 30 JUNE 2023
I have examined the documents and financial records provided to me for The Bishop’s Development Fund for the year ended 30 June 2023.
The accounts presented on form CC16a show a true and fair view of the activities of the charity and there are no issues to bring to the attention of the Trustees.
Lisa Hutton
12 February 2024