THE BERGNE-COUPLAND CHARITY TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR 53 WEEKS ENDED 5th APIUL 2025 CHARITY NUMBER 1023682
THE BERGNEQOUPLAND CHARITY CHARITY INFORMATION TRuEES- Serving io the year and at Ihe date of approval of the Trustees, Reportr. Sarah Elizabeth PthiL Skellingthorpe Hall, Lincol LN6 5UU Vice ChainDan Timothy Charlcs Coltman Skellingthon)e HalL Lincolry LN6 5UU Secretary Russell Petit Skellingthorpe HalL LAncolo LN6 5UU Anne Clare ColthLin Skellingthorpe HalL Lincol LN6 5UU Mary Jane Coltman 6 Padd(xks Close. Offord Cluny. St. Neot& Cambs. PE19 5ZE William Macalpine-lxny 57 Sedgeford RO W12 ONA CHARITY NtJMBEIL. _ 11123682 BANKERS: National Westtninster Bank PIC 225 High Street Lincob4 LN2 J AZ INVESTMENT ADVISORS: Inveskc Wealth & Investment Ltd 61 Napier Stre Sheffiel(L Sl18HA tsntil 21)24 RBC Brewin Dolphin LtsL Olympic Housc DdingtOn Road LIllty LN6 3SE INDEPENDENT EXAMINER: AR Matthews 12 Windrusb Court 175 The Hill Burford OX0 OX18 4RE
THE BERGNE-COUPLAND CHARITY 53 WEEKS ENDED 5th APRIL 2025 CONTENTS PAGES Charity Inforniation Contents Tnte¢s. Report Independent Examiners Report Notes to Aeeounts 9-19
THE BERGNE-COUPLAND CHAIUTY Trustees, Report for the 53 Weeks ended 5th April 2025 The Ttustees. pres¢nt th¢ir report and the financial statcments of the Charity for the year ended 31. March 2025. Structure, Governance and Management The Charity is constituied by a Trust Deed dated 2 April 1993 and registered with the Charity Conm]ission und¢r CIlty Number 1023682. The original endowment of £1,1 was provid¢a lry Margw¢t Patri¢ia B¢rgne£wp18n<l Further donations have been made throughout the years by famity member4 including the Ori donor. to augment th¢ endowment ofthe Charity, the latcst being a legacy of £240.1J)O from the estate of Margaret Patricia Bere£oUpland who passed away I. Match 2015. Appointrnent of thc TThst¢cs is govcrncd ty th¢ Tfust D¢c(l The powcr to aP)Int ncw Trustec5 on the death or retirement of any Tntee. or to appoint additional Trnstee& Was vested in Margaret Patricia Bee-Coup)and during her lifetime. and since death the statutory p)wers of appointing new TTUStees' apply. Without prejudice to any other power of app)inlmfflL a new Tn1¢< or Trustes may be apwinted by a resolution of a meeting of Trustees. Governance The Trustees hold a meeting either towards the end of each calendar year or at the start of the following calendar year at which the Trustees agree the broad strategies and areas of a1Vity of the Chartty. including grant makin& investmenL reserves. risk management policies and paforn&gnce. Othet The Trustees keep the skill reqUireMts of the Tn under review. l¥hcn appropriate, appointment of new Trustees is made from the Bergne-coupland famity members as they are already aware of the charitable objectives and organisational structure and b¥kgtound of the Charity. The induction process for n¢wRy aP)int¢d Trustffs includcs copics of thc latcst Trustccs. R¢[K and Financial Statcment and a copy of the Ttust Deed Management Th¢ day to day administration of grants the prIKesSll and handh.ng of applications prior to consideration by the Tne¢S is EKrfornied ty the Finance Manager. Pubh"c Benefit The Trustees refer to the advice contained in the Charity Con)mission's general guidance on public benefit when reviewing the Trnst's aims and Objecti in planning firture activities and in setting the grant making l1¢Y for the year. The Charity does not activety fundtaise but seeks to continue philanthrq)ic WO through careful stewardslu'p of its existing resources.
THE BERGNE-COUPLAND CHARITY Trustees, Report for the 53 Weeks ended 5th April 2025 (continued) Investment Policy The Ttust D¢¢d ¢mp)weTS the Trustees to invest trust money as th¢ Trustees in th¢ir absolute discretion se¢ fit. The Charity is reliant on the distribution of income from its investments. The investhient income is broadly received from stock exchange investments and securities and bank interest. Rathbones - Incon)orating Invest Wealth & IDVeStment Manag (until * November 2024) the security investtnents on the ternts of the Investment Policy Ststemcnt submitted to them ty thc Tn in accordance with the Ttee Act 2000. Since 8 Novemb 2024 RBC Brewin Dolphin have assumed the iole of investment managets for the Charity. The TneeS take a long tern] view of the Trust's future alld intend to build up its financial resourLXS over time. The FK)rtfolio should aim for a conseryative rate of growth in the capital valu¢ of the This is reviewed annualty at a meeting with the investment managers att¢n&d lry at least ttvo Trustees. The policy of the Charity LU)ntinues to k the pwudent management of the securities to provide funds to finance the Charity objectives. Risk Management The Trustees have examin the major strategic ISIneSS and owational risks which the Charity fa and in particular those rel*ing to the finances of the Charity and confirni that systems have been estsblished to enable regular rwts to be produced so that necessary steps can b¢ taken to lessen these risks. Objectives and Activities The objectives of the Clwity are such charitable purposes for the public as the Trustees sball thmk fil giving special consideration to charitable needs in Lincolnshire and considaing- though not exclusively - the Fabric of Lincoln Cathethal and charities involved with care and surn nature CA)nserv8ti(rfL and animal welfaTe. Activities Grant applications are encouraged from appropriate potential beneficiaries known to the Trustees, and details of the Chatity are made available on the Chan'ty Commi&sion website to facilitate requests for assistance to be made. At the start of each four year cycle period the Trustees select a number of chatities to which annual ants are to be made for four ci)nsexutive years. The payments for the first year of this CUTrent four year cycle wffe made in the year to 31° March 2022. The total cOmrri f(ff each of thege f(MW ye&5 is £18,000 per annutn. Other chatitable grants are also made annualty. All grants are rM>gnised in the year in which they are pai<L In additioffj thLYe is sc(ye for larger one-off donatiolls to be m¢ durftng the year as the need arises. This policy is reviewed on a regular basis.
THE BERGNE-COUPLAND CHARITY Trustee's Report for the 53 Weeks eDded 5 April 2025 (¢ontiDued) 3. Achievements and Performance GraDts awarded are li#ed ID Note 3 to th¢ Xcounts alld totalled £36.1X)O thrin8 the year. The Tnths consider the r*rfomMice of the Charity for th's year h&$ been satisfactory. 4. Financial Review Total Incoming Resources of £35.209 {2024 - £37.124) and Totsl R¢sources EXd of £48,028 (2024 - £44,915) for the year. Exchange gaInlOsSeS are excluded TLrt81 Resources Expended incluiks charitable activities of £39,gX) (2024 - £33,3(K)} Charitable donations amounting to £36.(X)O were ma(k during the year. (2024 - £31.0(K)). Plansfor thefuture The Trustees are committed to the furtheranLY of the Charity's objectives. The Trustees will deterniine the beneficiaries of the next four year cycle at th¢ir m¢¢ting in Decemkt 2025. Reserves Policy The creth't balance on Unrestricted Funds Account of £27.060 at the year end is generalty considered by the Trustees to represent the level of free reserves of the Charftty.. In addition to the payment of regular amiual donations. there is sciye for ]arger one-off donations to be ma(k <kntin8 the year as the need arises. The capitsl of the Endowment Fun¢ which stands at £1,177,251 may, at the Trustees. discretio be used in furtherdnce ofthe ObjeiVeS of the Charity and is prthminantty held in the investmcnt portfolio. Funds available are sufficient for the Charity to LThtinue in opmtion and its invesiments provide a firni base for providing future fidS to meet the objectives in the Charity scheme. At 5 April 2025. the totsl value of the fund is £1,204,311.
THE BERGNE-COUPLAND CHARITY Trustees, Report for the 53 Weeks ended 5th April 2025 (continued) 5. Trustees, Responsibilities Th¢ Trustees are responsible for preparing the Annual Report and the financial statcmeDts in accordance with applicable law and Tegulations. Th¢ Trustees are required to wepare financial stateMts for each finanGial y&8r iti accordanLX with United Kingdom Generally Accepted Accounting Practice (United Kmgthm Accounting standd$ and applicable law.) The financial statements are required by law to give a true and fair view of the state of affairs of the Charity and of its incoming reSoUrS and application of T¢sources of the Chatity for that Peri. In Preparing these financial statementy the TnteeS should follow st practise an(L' select suitable wxounting policies and then appty them CODSiStentty. make judgements and estimates that are reasonable and udtt. prepare the fjnancial sLqtemfflts on the going concern basis unless it is inappropriate to presume that the Charity will conlinue in sInesS. Th¢ Trustees are responsible for keeping proper &counling cOrdS that disclose with reasonable curacy at any lime the financial PK)sition of the Charity and enable them to ensure that thc fanCIal statements comply with the applicable law. regulations and the tn deed. They are also tesponsible for safeguaTding the assets of the Chatity and hence for taking rcasonablc stcps for the prevention and ddection of fraud and other irregularities. st This rep)rt was approved by the Trustees on 2025 and signed on their behaIf ty
THE BERGNE-COUPLAND CHARITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDITED ACCOUNTS OF THE BERGNE-COUPLAND CIL41UTY I r¢port tty the Trustees on my Cmination of the xcounts of The Bergne-coupland Charity for the 53 weeks ended 5th April 2025. wfiich are set out on pages 9- 19. RESPE1vE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the 2011 Act). The TTUSt¢es are satisfied that an audit is not Tequired for this year unthr section 144(2) of the Charities Act 2011 (Ihe 201 l Act) and have chosen instead to have an indq)¢ndent examination. I report in respect of my e9MltiOn of the Charity's xcounts as carried (t under section 145 of the 201 l Act. In carrying out my ¢minatIon I have followed the apph'thle dw¢¢tions given by the Charity Commission under section 145(5Kb) of the 201 A Act. INDEPENDEiYf EXAMINERS sfATEME I can confimi that i am qualified to undertake the emmination because l am a retired accountant of the Chartered Accountants in England and l¥'ales which is one of the listed bLxlies and have the requisite ability and experience. I have completed my examination. I can confjrni no matters bave c(Ane lo my attention giving me cause to believe that in any material resEKd: aLYounting rera$ we not kept in reSPt of the tharity as required by sectiim 130 of the 2011 Act. or the awunts do not accord with those r. or the accounts do not comply with the applicable requirements concerning the foTm and ontent of acLx)unts set out in the Charities (Acciiunts and Rewrts) Regulations 2008 other than any requir¢ment t11 the xcounts give a true and fw view which is not a I have no concerns and have come acro no Oth matteTS in connection with the examination to which attention should be drawn in this rewrt in Ord to enable a proper UDdcrstanding of the accounts to be reache(I Signed: AR Matthews FCA 12 Windrush Court 175Th¢H Burford OX0 OX18 4RE
THE BERGNE-COUPLAND CHARITY Notes to the Accounts for the 53 Weeks ended 5th April 2025 ACCOUNTING POLICIES (a) Entity Status The Trust is an incoTFK)rated charity tegistered with the Charity Commission in England and Wales. (b) Basis of Accounling The financial statements have ten prepared in cOrdanCe with Accounting and Re1ng by Charities: Ststanent 0fRended Ptactise applicable to charities preparing their accounts in accordance with the Financial Retthing Standard applicable in the UK 2nd Republic of Ireland (FRS 102) (effe1Ve I. January 2015) - {Charities SORP (FRS 102) and the Financial Rwiing Standard applicable in the UK and Republic of Ireland (FRS 102). The charity is a Public Benefit Entity as defin by FRS 102. Assets and liabilities are initiglly recognised at historical CO ( transaction value unless othmvise ststed in the Televant 0ntIng policy notes. Fair value mov¢m¢nts ar¢ dealt with through the SLement of Finallc Activities. The TTUStees have assessed whether thc usc of the going concern basis is appropriate and have considered possible events 01 conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The Tnlee$ have made this &8se&sment for a Fnrxl of at It one year from the date of approval of the financial statements. In view of the level of assets hel(L the trustees have Conclud that there is a reasonable eXpecL*1 that the clwity has adequate resources to continue in op¢rational lStenCe f(ff the foreseeable futUTe. Th¢ chaTity tbercforc continues to adopt the going concan basis in preparing its financial statements. FRS 102 was adopted for th¢ first time when preparing financial statemellts for the year ended 31" Mah 2016.
THE BERGNE-COUPLAND CHAIUTY Notes to the Accounts for the 53 Weeks ended 5th April 2025 ACCOUNTING POLICIES (continued) (c) Income All income is inclu(kd in the SL*ment of Financia] Activities on the following Legacies are included when they IKcon]e receivable. A legacy is regarded as receivable when it h&s been received or if it beMeS probable that the legacy will be received and that the value of the incoming Tesoutces can be measured reliably. Donation& gift aid and covenants ate iDcluded Wh they become 1vable. Bank interest and investment income are included when they become due. (d) Expenditure ExFDdIte is included in the Statement of Financial Aclivities as s(M)n as it is running the charity. (e) Taxation The Bergne-coupland Cbarity is a registered charity and the OuntS are prepared on the basis that its activities are not liable to Income Tax or CO[)ratIon (fj Investments These are investments held in the UK and are included in the balance sheet at market value, with realised and unrealised gains and losses included ID the Statement of Financial Activities. Notes to the Accounts for the 53 Weeks ended 5th April 2025 10
THE BERGNE-COUPLAND CHARITY INCOMING RESOURCES: 2025 2024 Unrestrieted Funds Voluntary Income Investment Income Bank Interest Dividend Income Total Incoming Resourees 35.209 COSTS OF GENERATING FUNDS: 2025 2024 Invesknent Management Costs: Endov/ment Funds Investec Wealth & Investment 128 Charitable Activities: Charitable grants awarded duiing the $3 weeks ending P April 2025 amounted to £36.c0. Grants only awarded to institutions. li
THE BERGNEQOUPLAND CHARITY Notes to the Accounts for the 53 Weeks ended 5th April 2025 2025 2.000 2024 Alternative to violCe Barwdo's Blind Veterans UK Camphill Family Caudwell Child Hearing Dogs Heritage Trnst of Lincolnsbire Independent Age James, Place Lincoln Cathedral Fabric Fund LinW]ns're Churches Tn Lincs & Notts Air Ambulance Marie Curie Cancer Care Medecins Sans Frontieres Motor Neurone Disease Nomad Trust (YMCA) Police Community Clubs Post Adoption C¢ntre- Famity Action Practical Action 3.01 Respite Care Association Richmond Fellowship Roya] Agricultural Benevolent Institute Saint John's Ambulance The Salvation Arnry School Readers Strongbones Versus Arthritis Zibby Garnett Trdvel Fellowship £ 36.1) £ 31.0(M) 2.300 Support Costs - Accounting Indcpcndcnt Examinati £ 39,9(Kl £33.3 All the aly)ve are charged to the unrestricted fimds of the charity in tK)th the Current and prior InVt¢llt EEwiagement charges are incurred ty the ffldowment fimd totalling £8,128 (2024: £11,615.) 12
THE BERGNE-COUPLAND CHARITY Notes to the Accounts for the 53 Weeks ended 5th April 2025 ENDOWMENT FUNDS- Gains l Losses on Revaluation and on Investment Asset Disposals The investment rtfoliO was valued by RBC Brewin IA)Iphin 5 April 2025. The schedule on Pages 18 and 19 is an analysis of the investmfflt transactions for the 53 weeks ending 5 April 2025. DEBTORS: 2025 2024 CASH AT BANK: 2025 2024 Nat West Current Account 14.930 Brin Dokphin:: Cash and Dealing Acwt InLx)m¢ Deposit Account 10.144 3,161 1,910 £12.850 £28,235 13
THE BERGNE-COUPLAND CHAIUTY Notes to the Accounts for the 53 Weeks ended 5th April 2025 CREDITORS, ACCRUALS AND DEFERRED INCOME: AMOUNTS FALLING DUE WITHIN ONE YEAR Unrestricted Funds 2025 2024 Governance Costs: Accounting and Administration Costs Independent Examinffs Fees 2.300 £ 4,300 TRANSFERS BETWEEN FLtNDS AND FUNDS STRITCTURE: The Charity maintains an Unrestricted Fund and an Endowment Fund The Unrestricted Fund is used for the clwitable activities of the Charity. All the income of the Charity is credited to the Unrestricted Fun(L with the exception of Gift Aid income. which togethcr with the associated repayable income tax is credited to the Fd0ent Fun(L The capi1 of the FdoWMcnt Fund w, at the Tnistees, discreti(WL used in furtberance of the objects of the chlty. PeTI1¢alty the Tnte£S make transfers between the Funds. RELATED PARTY TRANSACTIONS: None of the Trustees were paid any reMUn&10D or expenses by the Charity in the period ending 5 April 2025. (2024 - Nll). Trustees may hold moTe than one T1p which may result in donalions being made to charities with mutual Tntstees. Such dationS are not given on wefrntial rn. 14
THE BERGNE-COUPLAND CHARITY Statement of Financial Activities for the 53 Weeks ended 5th April 2025 Notes Unrestricted Funds FuDds 2025 2024 Income from: Legacies Donations Fkxed Asset Investment Income Interest Receivable 35209 35209 37,124 Total Ineoming Resources 2 35,209 35309 37,124 Expendilure on: Investment Management: Costs Charitable Activities &128 8,128 39JXI 11.615 33.3(K) 39,9(KJ Total Resources Expended 3 39. &128 4&028 44.915 Net gains /{losses) on Investments - 59,943 -59,943 51,741 Net Income l(Expenditure) Transfer between Funds 4691 -6&071 -72,762 43.950 Net Movement in Funds 4691 8.071 -72,762 43.950 Funds Brought Forward at I. April 2024 31.751 1245J22 - 1277.073- 1,233,123 Funds Carried Forward at 5th April 2025 27.0& 1,177251 '1204JII ,277,073 15
THE BERGNE-COUPLAND CHARITY Balance Sheet as at 5th April 2025 Notes 2025 2024 FIXED ASSETS Investments 1,195,761 1,251.638 CURREiYf ASSKTS Sundry Debtors Cash at Bank 12.850 CURRENT LIABILITIES Sundry Creditors and Ac¢nS 4J( NET CURRENT ASSETS 1304 277 073 REPRESEIYfED BY Unrestricted Funds 27,060 31.751 Endowm¢nt 1,1 T7251 1.245.322 04Jll 1.277 073 As apprnved by the Board of Trustees on: and signed on their bebalf by: Sarab Petit 16
THE BERGNE-COUPLAND CHAIUTY THE BERGNE-COUPLAND CHARrrY Analysls of Fund Assets and Liabilith 5th Aprrl 2025 Unrestricted End(Ywment Funds Totsl 2025 Funds Fixed Asset Investments 1.19&761 1.195.761 Current Assets 31J60 12.850 Current Liabilities 4J( 27,060 1.177 1204JII Unrestricted Funds Endowment Total 2024 Fued At Investments 1351,638 1251ffj38 Current Assets -6J16 2&235 Current Liabilities 31.751 1245J22 1277,073 17