THE WOODHOUSE TRUST Trustees, Report & Accounts 31st December 2023
THE WOODHOUSE TRUST Geiieral Information IIc%i5tered I'hariti Nn. 111?9144 ThL I)rLII.Lri Blaiidfoi-d Si liir I,-¢Trundcr l_l C DI Joliji liLlIael W,d}inle. M141.' Nl(' D#tLb tsf 'l'i'usl t)Leil 4 NuN¢inber 11)C)3 Ti'u4tces l BiirilLn R L'rill)L' (' I.. IN'I)LLILI' A .1 .117 I C. I Il'i)iidhou5 M J M Wiii?Llli()u%¢. M13A *iL'eretarv -ri'ea¥ui'¢i' 'u¥t ()bjc'ct¥ In(lependent Tr'x#minc'i' L'l() 'I'lIL FlrLii¥r}' Di)rsLt D-l'l l ()[. BarLlil}'% Baiik pl 411) Fl()iii'. t41'idbiLi¥atLr Huuse C'oiiiilcr8lip. l.in7.Ll% I£LaLh Bristol. BS1613X
THE WOODHOUSE TRUST Report of the Trustees The trLlStees ('TrLislees') of the Woodhouse Ti'ust ('"frusl') have pleasui'e in subinitting their report t.or the yeai. ended 31 st Deceinber 2023. Structure, Governance & Management The Ti'iist is opei'ated as ali Iiii i ncoi'porated association and is governed by the terms of the origyinal Trust deed dated 4th November 1993. Tlie naines of tlie TrLlStees actillby duringJ tlie year ended 31 st Deceinber 2023 are shown on the Genei'al Inforination page of the TrLlStees' Report & Accoiints. TrLlStees wei'e appointed by the foiiii£lLI' diii'iiig) h is l i ti tiine, aiid fo I low iiigT his death. are iiow appointed by the existing Ti'iistees. New Ti'LlStees al'e proviLILd with Slipport and gYLiidaiice re lating) to thei r role aiid responsibil ilies troin the ex i stingy. expei'ieiic¢d Ti'iistees and al l TrLI.%tLLs havL acccss to ihe vai'ioLIS prot'es.SlOll<11 Iy qLial i tied advisoi's to ilie cliarity. Ti'iistees al'e encoLlI'agTed tc) keep Ilieir ski I Is lip lo date u.%iiig PLibl ical ly available ti'aiii i ii&F aids, illLlud iiig tlic Cliarities C()Iniiiission WLb sile aiid publ icatioiis. No statf are employed by the Ti'iist and as sucli all decisions arc made by tlie TrLlStees. Tlie 'friistees have considci'ed tlie risk.s that tlie Trust t.aces in its noi'inal operations. Investinent risk is th majoi. risk area. This is managycd tlirougyli tlic selection ot" investiiieiit tiinds aiined speci tically at charities. I'he l-I'uslLLS bel icve tliat tlie c)bjeLtives and attitude to risk ()f tlie.se fiiiids are consistent with tlieir diiti¢s to pi'uteLt the assets of. tlie "frust. Objectives & Activities The objectives of th¢ Trust reinain those set OLIt in the ori&yiiial TrLisi deed and reprodLiced within the General Information scction ot. this TrLlStees Repoit & Accounts. Tlie Trustees have had due regyard to tlie Charity Coininission's gu idance on piibl ic benefit, Donations totallingy £15.810 (2022 £4,314) were received f'rom a nLiirber of benefactors. Wliere donations were Inade undei. the Gift Aid scheine the TrLlStees have made a claim for the recovery ot. iiicome tax paid by the benefactors. Duringy 2023, an amoLint ot"£6,759 was received in relation to 2023 and prior year claiins. Gitls totallinJ £19,820 (2022 £20,295) wei'e Inade to eligible people duringj the year. Loans of £35,643 were outstanding at year-end. The TrLlStees will continue to be proactive in identifying deserving cases within the terins of the Trust's objectives, however the incidence of these will mean that expenditure may not b¢ consistent with income each year. Financial Review
THE WOODHOUSK TRUST As a resii It ()t" the ti'ansaclions descri bed abovL. income exceeded outgoiiigs by £ l 0.167 w hcii takingj iiito aLLount gaiiis aiid losses on investments. The value c)t" tlie iiivestinents was £2,868 below cost at tlie end ot. the year. an increase ot" £228 over the val Lie at tlie end ot" tlie pi-ev ious year. Dui'iiigy the year. d iv idends received ainoLinted to £7,190. No iiiterest was received. "riie Lapital i)t' tlie Ti'LlSt is invested in tlirLe invlstmciit ti'iists de%igyiied spec ifical ly foi. the iiivcstiment of cliarity liinds. T,0 are dcsigTrned to prodLILL a h igyli level ot" inLoinL aiid ihe oihei. t"oi' al)ove average iiicome coiiibiiied w itli a leve l of. pi'otcctioii agyainst iiilldtic)n. Al ihe year Liid 31 st DeLeinbei' 2023, th¢ iiiai'ket valLie ot, tlicse inve.stinents ainoLinted to a total ol. £175,594. WIILre tlie TrLlStees believe tliat the cash I'¢serves of thL Trusl are ovei. and ab()ve tlial wh icli they iii igFlIt rc<lSllllclbl J. torcsee lo be I'eqLI i red iii tliL %li()I't t¢i'in. tIILII COIIS ILILr<iliiin w'ill bL giiv¢n to Inakiiigy t'Lirtliei' inwL'stineiits iii luiids to pi'ovide addilioiiLII tLItLirc i iiLoine aiid Lapilal gi'owtli. Declaratioii "rhe 'fi'ustees dLL Idre tliat they liave apprc)vLd tlic TrLlSt¥es' I'ep()Il above. Andrew John Wing Ti'ustee Mark Jo TrLlStee Michael Woodhouse, MBA 05 Septembci. 2024
THE WOODHOUSE TRUST
Independent Examiner's Report
to the Trustees (IfThe Woodhouse Trust
I I'epori on th¢ accouiits of thL Triist tor the yeai. ended J I sl December ?0?"
). which are set OLIt on p(Iges 5 to 9.
Responsibilities and basis of report
As the cli<ll'it)' triistees of thL 'frLlSt YOLI are I'espoiisi ble for the pi'eperdtion of the accoLints in aLLordance with tlie
reLILiirLments of the Cliarites Act ?0 I i ('Ihe Act,)
I repoit in respect of Iny exaininalion ol. tlie Triist's accoLiiI15 Cdn'ied oiit Linder sectioii 145 of. the ?0 I l Act aiid in
Lai'rying) OLIt Imy e.iaiiiiiialion I have followLd all tlie applical)l¢ Direclioiis g?ivLn by tl)e Charity Coiiiinissioii LindLr
section 145(51{ b) of the Act.
Independent Examiner's Statement
I liave coimpleled Iny exainiiiatioii. l LOII tiriii Iliat no mic tei'ilc I1111lllL'f5 have coine to iiiy all¢ntion in Lonneciioii with
Ilie ex¢iiiiill<2tioii Vlllg7 iiiL calise Ii) beliL'&'¢ tl)iil iii <lliy Inateri£il rL'%PLct:
accoiinlingi recoi'ds ivere not kept ii) respeci ofr. Ilie Triist as I'eqLiired by seciioii 130 ot. the Act; or
bl Ilie accoiints do not
THE WOODHOUSE TRUST Statement of Financial Activities for the Year Ended 31st December 2023 20?3 2022 Note Income from: Dc)iialii)n.i uncl Legciciils l)i)iiatioiis Tax ReLlaim on Gift Aid 15.810 6.759 4,314 927 4b) Jnve.flmcJnls D iN'idLiids Received 4c) 7,190 7,197 Total Income 2(),7S9 12,438 F.xpcniliture on: Chiiril(IhlLJ A£'livilie.s Gitts (19.820) (20.295) Other Baiik C'hai'gyes Paid Total Expenditure (19,820) (20,295) Net Gains/(Losses) on Investments 228 (20.161} Net Income/(Expen(liture) 10,167 (28,018) Net Movement in Funds 10,167 (28,018) Reconciliation of Funds Tolal fiinds Brougyht Forwai'd Total Funds Carried Forward 210.700 220,867 238,718 210,700 Thcj ni)IL3S 011 i?uge.$ 7 10 9.[()I ni pai'l f![Ihe.ve accoiiniJ. All iiioi'emL?p71.g i'elule Ic) iiiuiyenienl.% in RL311'ic'l¢¢l h-Iind.¥ cin(l ac'c'oi'diF7glJi no £7naly515 IJ uppI'oi)i'iuIe.
THE WOODHOUSE TRUST Balance Sheet as at 31st December 2023 2022 Note Investments Investineiits al Inarkel valiie 5 Ll 175,i94 17i,366 Total Fixe(l Assets 17fj,594 17S,366 Current Assets D¢bt()I's Casli at baiik 35.643 9,630 23.066 12,268 Total Current Assets 35,334 Liabilities Ci'ed itor Ainoiiiits t.al liiigF dLie w iiliiii oiie yeai. Net Current Assets Net assets 220,867 210,700 The Funds of the Charity Restricted Fiinds 220,867 210,700 Total Cliarity FLiiids 220,867 210,700 Andrew John Wing Trustee Mark John Michael Woodhouse, MBA TrLlStee 05 Septeinber 2024 05 Septeinber 2024
THE WOODHOUSE TRUST
Notes to the Accounts as at 31st December 2023
Basis of Preparatioii
Tlie8¢ acLoLiiils have been prepai-ed 011 Ihe b1( sis of li istorical cost, e.¥cepl Il)at investiiieiils are show'n al In(Ii'ket
value. iii acLord<111ce with the Accountin¥ c111d Repoitiii<J
by Charities.. Stateinenl of KLcoinmended PraLlice
{?0151. relevaiil Accouiiting Siandai'ds and the Cli<ll-ilies Aci ?0 I l.
Change in tlie Basis of Accountiiig
There has been no ch
THE WOODHOUSE TRUST Notes to the Accounts as at 31st December 2023 Analvsis of Ii)coming Resources 20?2 4 (1) Doiiiilic)ii.s Individlial Corporate 3,810 i?,000 3,814 500 4,314 4 b) Tci.i Recliiini oil Gill Aiil 6,7S9 927 4 c) Divlileiicl& Recelvecl M&,G Charibond M&G Ch<11'ifund Blackrock Cliariiico 4.030 i.160 5,1?9 1.049 1.019 7,190 7,197 Investmeiit A55etS 5 11) Iviiiiiher lif l.,'iiilJ Siait ot Year Additions Disposals En(1 of Year M&G Cli<ll-ibond M&G Cli<ll-It"uiid Bl<ickr()ck L l)1( riiico 47,690 6,179 47,690 6,179 22,646 5 b) C()&1 Stc1t1 of Year Additions Disposals End of Year M&G Cliariboiid M&G Chc1ritiiiid Blackrock Chai'inco 58.564 78.018 41,880 58,564 78,018 41,880 178,462 178,462 5 L,) Illarkel Viiliie Start of Yeai. Gain Loss Ai Eiid of Year M&G Charibond M&G Chariflind Blackrock Charinco 51,505 90,797 33,064 1,832 53,337 88,663 33.594 (? 134} 530 175,366 2,362 (2,134) 175,594
THE WOODHOUSE TRUST Notes to the Accounts as at 31st December 2023 Debtors ?093 209? Loai)s to BeiietlCi<)I'ies HMRC - Gitl Aid Ta.x Rcclaim 35,64) 5.510