THE BERGQVIST CHARITABLE TRUST RECEIPTS AND PAYMENTS ACCOUNTS
YEAR ENDED 31 DECEMBER 2021
THE BERGQVIST CHARITABLE TRUST
REFERENCE AND ADMINISTRATION DETAILS
REG CHARITY NO: 1015707 PRINCIPAL ADDRESS: Moat Farm Ford Aylesbury BUCKS HP17 8XD TRUSTEES: Mrs P A Bergqvist (Chairman) Ms S C Bergqvist Mr P.E.P Bergqvist GOVERNING DOCUMENT: Trust Deed BANK: CAF Bank Ltd 25, Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ INDEPENDENT EXAMINERS: Mrs Sarah Smith BSc PG Dip. FCCA FCIE MNAVP TSA (Oakham) Ltd 8 Main Street Cold Overton LEICS LE15 7QA
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THE BERGQVIST CHARITABLE TRUST
Independent Examiners Report to the Trustees of The Bergqvist Charitable Trust
I report to the trustees on my examination of the accounts of the Bergqvist Charitable Trust (the Trust) for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (" the Act").
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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2 the accounts do not accord with those records.
I have no concerns and have come across no othe matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sarah A Smith (Mrs)
Sarah A Smith (Mrs) BSc FCCA FCIE
14 March 2022
TSA (Oakham) Ltd 8, Main Street Cold Overton LEICS LE15 7QA
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THE BERGQVIST CHARITABLE TRUST
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 DECEMER 2021.
The report of the trustees for the year ended 31 December 2021 includes the information given on the Reference and Administration page, (page 1).
The charity is constituted as a trust under a deed. New trustees are appointed by existing members.
Objects:
The trust is an enabling charity with the aim of promoting education, medical health and the environment in Buckinghamshire and its neighbouring counties; and giving assistance towards disaster and famine relief in the developing world. The trust performs these objectives by the means of direct grants to specialist registered charities and community organisations.
Activities in support of the objects:
Grants totalling £55,330 (2020: £55,900) were made in the year.
The trustees are aware of and take account of the Charity Commissions guidance on public benefit when expending the trusts income, supporting a wide range of charitable organisations.
Achievements:
The trust continues to support charities with both ad hoc and regular donations. These pledges cover areas of support as follows: health, arts, community and church, totalling £15,330.
The trustees have resolved to further epilepsy and psychiatric research projects making donations of £40,000 to these causes in the financial year.
Financial Review:
The trusts policy on Reserves is to maintain its capital base and fully distribute it's income after operating expenses.
In the year to 31 December 2021 grants were made of £55,330. The interest received was £43,524. There were other costs of £595, resulting in a deficit of £12,401 which reduced reserves carried forward.
The bank balance at year end (£13,510), is sufficient to cover all the 2022 pledged donations, enabling the trustees to make some ad hoc grants. The trustees will be able to pay all liabilities as they fall due for at least 12 months from the date of signing the Statement of Assets and Liabilities. The value of the investments have recovered to £2,127,822 at the year end, which is above the 2019 pre pandemic value of £2,057,249 and 6.5% more than the 2020 year end value of £1,998,542.
The charity remains in a sound financial position for 2022, investment rates and therefore interest receivable will exceed the 2021 levels, allowing cash reserves to recover and further distributions to be made. Signature
P A Bergqvist
Name Mrs P A Bergqvist Position Chairman Date 14th March 2022
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THE BERGQVIST CHARITABLE TRUST
Receipts and Payments Accounts
For the Period 1 January 2021 to 31 December 2021
| NOTE Unrestricted Fund £ Receipts Investment income 43,524 Total Receipts 43,524 Payments Grants Paid 55,330 Management and administration: Secretarial and Bank Fees 109 Book keeping 90 Independent Examination 396 Total Payments Net Receipts Total Funds Brought Forward January 2021 Total Funds Carried Forward December 2021 |
TOTAL 2021 £ 43,524 43,524 55,330 109 90 396 55,925 -12,401 25,911 13,510 |
TOTAL 2020 £ 49,660 49,660 55,900 60 90 396 56,446 -6,786 32,697 25,911 |
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THE BERGQVIST CHARITABLE TRUST
Statement of Assets and Liabilities at December 31 2021
| NOTE Cash Funds CAFCash Account Investment Assets FP CAF UK Equity Funds FP CAF Fixed Interest Funds. Total Assets 3 Liabilities Independent Examiners Fee Bookkeeping and accounts preparation Approved by the trustees: Signature |
2021 £ 13,510 1,331,050 796,772 2,127,822 2,141,332 395 90 485 |
2020 £ 25,911 1,177,714 820,828 1,998,542 2,024,453 395 90 485 |
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P A Bergqvist
Name Mrs P A Bergqvist Position Chairman Date 14 March 2022 Page 5
THE BERGQVIST CHARITABLE TRUST
Notes to the Accounts for the Year Ended December 31 2021.
1 Accounting Policies
These accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011.
2 Payments to trustees
The trustees receive no remuneration, direct or indirect benefits from the charity.
3 Payments to Related Parties
There are no other payments to related parties.
4 Funds
The charity has no Restricted Funds.
5 Investments
The investments are stated at market value on 31 December 2021.
There have been no acquistions/disposals of shares/units in the year.
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