THE BRITLAND CHARITABLE TRUST
REGISTERED CHARITY 1014956
REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 2021
TRUSTEES OF THE BRITLAND CHARITABLE TRUST 20 HENDERSON ROAD LONDON SW18 3RR
REPORT OF THE TRUSTEES OF THE BRITLAND CHARTABLE TRUST
The trustees have pleasure in submitting their report and the Financial Statements for the year ended 31 December 2021 prepared on a Receipts and Payments basis.
LEGAL AND CHARITABLE STATUS
The Trust was set up by Declaration of Trust on 23[rd] October 1992 and is registered as a charity (Registered No. 1014956).
OBJECTIVES OF THE CHARITY
Income and any capital accumulated is to be paid towards the advancement of the Christian Faith and for the benefit of such charitable purposes or institutions as the Trustees may consider in their absolute discretion. The Trustees bear in mind the Charity Commission’s desire to ensure that Charities exist for a demonstrable public benefit. Grants are made where that Public benefit is established.
ORGANISATION STRUCTURE
The charity is administered by all of the trustees, none of whom are paid. The trustees carry out the bookkeeping.
By virtue of Section 36(1) of the Trustee Act 1925 the power of appointing the trustees is vested in the retiring trustees.
REVIEW
- a) The Charity received net income of in the year of £25,007,16 in respect of a gift of £25,000 and interest on deposited cash. No expenses were incurred and Grants were made totalling £23,600.00 to:
| Donee | Amount |
|---|---|
| LICC | £1,000.00 |
| Oscar | £1,000.00 |
| CARE | £1,000.00 |
| Philo Trust | £1,000.00 |
| Alpha International | £1,000.00 |
| Basingstoke Foodbank | £1,500.00 |
| A-Life | £2,500.00 |
| St Leonards PCC (General Fund) | £4,000.00 |
| Azalea | 500.00 |
| Sixty One | £500.00 |
| Walk Ministries | £1,000.00 |
| With Community | £1,000.00 |
| Off the Fence | £1,000.00 |
| Magdalene Group | £1,000.00 |
| Carry Forward | £18,000.00 |
| Brought Forward | £18,000.00 |
|---|---|
| One 25 | £600.00 |
| Cheer | £500.00 |
| Hover Aid | £500.00 |
| Caring for Life | £1,000.00 |
| Impact Schools Team | £500.00 |
| Morning Star Trust | £500.00 |
| Gateway Church | £500.00 |
| Red Cafe | £500.00 |
| Golddigger Trust | £500.00 |
| Light | £500.00 |
| **Total ** | £23,600.00 |
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b) The Trustees met on 2 occasions in 2021.
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c) The Trustees consider that the obligations for regulation given the bank account and paperwork which corroborates all activities are far too onerous for a small Grant Making Charity.
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d) Reserves Policy: The Trustees have established a policy whereby the unrestricted funds not committed or invested in fixed assets (the free reserves) the charity holds should be between £5,000 and £25,000. At this level, the trustees consider that they would be able to carry on the charity's activities in the event of a significant drop in funding. At present the free reserves, which amount to £73,485.00, are appropriate to meet the charity’s planned and anticipated spending in 2022/23.
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e) Risk Management: The Trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
PLANS FOR THE FUTURE
The Trustees receive on a very regular basis solicited and unsolicited proposals from individuals, organisations and institutions seeking funding for all sorts of exciting and innovative projects. Every single application will be reviewed, and where a stamped addressed envelope is included, then a response is returned. If there is no such means of reply supplied, the Charity will reply only to those which are successful in securing a Grant.
The Trustees currently have under consideration a large number of current applications for funding, of which only a small number are likely to be successful. The Trustees will try to repeat grants to organisations and individuals already supported.
The Trustees expect to receive further income in the near future which will allow further grants to be made to organisations and individuals who have not been supported previously.
The Trustees do not entertain enquiries on the telephone.
TRUSTEES RESPONSIBILITIES
With regard to accounting and financial matters, Trustees have clearly defined responsibilities. They are required to prepare financial statements each year which comply with the requirements of statutory standards, the Trust Deed, the Statements of Recommended Practice and the Charities Acts and to submit those financial statements to the Charity Commission as appropriate. These financial statements comply with the above requirements.
The Trustees are responsible for safeguarding the assets of the charity and for maintaining accounting records.
Additionally, the Trustees are responsible for ensuring that the Trust complies with the Charity Commission's statutory guidance on public benefit. The Trustees have reviewed the general Guidance published by the Charity Commission on Public benefit when reviewing the Trusts Aims and Objectives and when deciding on donations. The Trustees seek to make donations where there will be a demonstrable impact through the use of the money on individuals and communities.
GENERAL
i) Trustees
Mr J M P Colman Mrs S E Colman
ii) Address of the Trustees
20 Henderson Road London SW18 3RR
iii) Accountants
Alan Patterson FCA Messrs Greaves West Ayre 2/3 Sandgate Berwick-upon-Tweed Northumberland TD15 1EW
iv) Bankers Barclays Bank plc 8 Eton High Street Windsor Berks SL4 6AU
Approved by the Trustees on 31 March 2022
…………………………………..
J M P Colman On behalf of the Trustees
Receipts and Payments Accounts 2021
Opening balance at 1 January 2021 Cheque A/c £5,420.20 Credit Cancelled Cheques £0.00 Deposit A/c £66,657.45 £72,077.65 Unrestricted Income Payments Gifts £25,000.00 £23,600.00 2021 Donations Tax recovery £0.00 £0.00 Expenses Interest £7.16 £25,007.16 £23,600.00 Surplus/(Deficit) £1,407.16 Closing Balance as at 31 December 2019 £73,484.81 Represented by Cheque A/c £5,320.20 Deposit A/c £68,164.61 £73,484.81
Approved by the Trustees on 31 March 2022
Signed: J M P Colman Trustee