# **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 Page 1 ## **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: - 1 accounting records were not kept in respect of the Trust as required by section 130 of the Act; or - 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 Page 2 ## **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 Page 3 ## **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**| |---|---|---| Page 4 ## **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**| |---|---|---| ## 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. Page 6