THE GIWENNILI TRUST FINANCIAL ACCOUNTS for the ve2r ended 31 Deceniber 2024 14gelotG
THE GFPENNILI TR UST ELECTED TRUSTEES J.P. 'ThoTllton (C:harmaii} A.J. Ficld (Hon Treasurcil F..FJ.IL. "Ihoriitnn Q lon Sec) S. j]10 C.S. Baddcley D. MorrIn (from 23 Sep J124} CORRESPONDENCE ADDRESS OaLside. l Mjrlbvrough Ku Burbage. WtltshirL SN8 3AU CAF BanL Lta, ? King5 1 lill Ae1]UL., KiiiBs Hdl, Wv8t Malling, Keiit ME19 4JQ Llotrds BJnL plc. Blaikheath Loiidoti Bi'2nLh, PO Doi I), BXI 1T.-r Accouf*TAwr N/A INDEPENDENT EX4MINER 1211 Sturgeon F.s4 The Doiible T Flowers Drove Lytchett Matraver5 POOI..E B1116 6BX REGISTERED CFL4R TfYNUMBER 1049041 COMPANYREGISTRA TION NUMBER J091887 Pagc 2 of6
THE G WENNILI TRUST ANNUAL REPOR T OF THE TR USTEESfor the yedr ended JI Decembtt 2024 HISTOR Y AND OBJECTS OF THE CHAIUTY A Chariuble 'l'ru%r establi5hcd on 16 August 1995 i¥irh the objcct of the pr0Tr75ion ot the reliet-at-thc phyqcall}' or nicnrall). dillbled - in particular e_x-5er%iieinen Jna wonien, y()un¥ p Iid those in neceKsitoiis circiinisuncL¥ - by the pro¥ision ut-nJiitical, reirc2ti0I?21 and educatini tacilitics on board appropriate tlS or training facilitse ThL charit). registered a% a C"haTatahle 'lru5t No. IIHgMI on 16 A01st 1995. TRUSTEES IhL E.'Icctcd ana c.o-OPEed Trustees sNho held office duriiig the )"¥ar ivere & t-olloiNTr: ELECTED.. _ J P 'lh()rnts)n ( c'h2irrn2n) Il Ei Thornton (Hon Secrctary) AJ Ficld (Hon TreLIcer) S P Jailioii C..S. Traadeley D MorrIn (froni 23 Sep 2?4) STA TEMENf OF TR USTEES. RESPONSIBiiJrS C-hanfj law requtres the Trusyees to prepare accounts tor e)ch tinanCI F'ear Trhich ve a (rile a %ieiN- nf the .state ot-thJirs ut-the Charkr). and ok-its fiLiancial aciiTriii¢5 t-or that }ieriod. In pr¢paring rhose 2CLounts the Trustees 2re required to.. select suitahle aLLountilliv ¥J policics atid then apply then) consi5trDtI j iiiaLe Judgenient% aiid LttiT)Tratcs thar arc reasonablc and prudent k"ollo%v thc recomniendaric)TL$ Of the C.hJrities Coniiiii5sion Jnd oÉ- thc aL CLTrunting professi wich reId3 ¢0 tvrm and iontenr of the accounty or ro disclose la eNy12in any d¢pJrnir. therclrom PTeP3re the finarlcial statcnieiits on the %oin.g concern basis unles it is inypropriate ts) ass thar the chariry ivill contsnuc bu5ine55. The Truaees are T¢5POTJSTblt for keepthg propct dcc ountsng records ivhich disclos i1th reasui aicuracy Jt an) tinie the. financial position ot.the Charity and to enahle theni to ensure that the . cninply the disclosiire relIatiOns. The)" arv alw Tf5POTLsible t()r feguardi. thr assets ol I Ch2rifj and hence f¢)r Lik"ing reasvn<ible st¥ps Ivr thl ptl vcntion and dettction ot- tr211d and oth irreildI1C RESER VES POLICY The tinan¢ial r¢s¢rvcs Trvhich have heeD sei aside Prolde tinancial st2bJlit!' )d &c means for thi developinent of the Chtiriry's obJectxv¥ The TrusteLS regvlarlv reweiv the amouu¢ of funds thar the Charity require% to en%ure that thLy deq112te to liilfil the chariTr's ic)ntinuJn8 obli.fJuon5. I15 rc roNrd by the Triistees un and is Sied un beh41t"i)ltheni Jll. (Chairman) P3¥Y _l of 6
Indeptndtnt E¥omitt¢p's Rqkir< to tht trnstm of THE GWEhWILI TRUST for th¢ yedr trfdrd 31 De¢emb¢r 2024 I rLpoEt on the 2cL<)iinL of the Trus( for tbe year ended 311)eLemher 24. wthich set out oil pages 5 and 6 RESPECTIVE RESPONSIBILrriES OF TR USTEES AND EX4MINER As the Charivj s'l rLs }ou aTe respoiisible fL)r thr prrparutivn of thL &LLt)UT]ts. You consider audit requirernent ol. ([[01} 4.3(2101"th¢ C"harities Ai t 19)3 {chL Act) does not apply. Ir is Tn¥ re%p()nsihility to eyaniine the accoiints, and S¢2re un the b15 Ot prorcdures specified iii che Gen Dir¢cttoi)S VVLn bs the ChiriN' Coinniitsioncrs iindcr ¥ection 43 (n(b) nf the Act, Yhether 2111. niallers haTre comc to ni). 2Qention SIS OF INDEPENDENT EXAMINER REPOR T MJ" examlrianon carried out 111 acc ordance iNith the Cpeneral l%'rectir)ns giveii by thc Charit Conullissioiiets. cxiniinatian inLludes a revieii" ot-the accounting records k-ept b}, the C'h3r and 2 conipgriscjn of the accounts presented those records. It 21s0 includes consideration < unufual itein5 or dAse101res iii d]e 2ccounL%. steking e.KplJnJtions ttvm trou as Trustees coi)ccrii aiiy such matters. 'Ihe pror¢dures undertaL-cn dr) nor provide all the evidenie thai iVOLild be r, b!. all audit, and conscqueiJd} I do not t.ITr¢ss an audii opijiion on thL ViL W (Tri¥¢n b). thv aLL()I INDLPENDEVT EXAMINER'S QUALIFIED STA TElfENT In ionnection wi¢h nL} ciainindtion, no matter ha% cr>me to my Attention.. whiL h gives rne renable cause to b¢licvc that material respect the requireni "Fo keep acc¢Junting records in accordance with seitif)n 41 ot-the Act.. an prcp2r¢ CoU11ts Which acii>ra w.ith accounting reiord5 Jnd tu ioiiip. accouuting rcqiiircinents uf the ALI haie not be¢n metr. or (2) to h7ch. in TTJN opinion. attentson thoiild bc draivn in urdeT til enablv 2 propei. un ot the Jccounts to be reached I Siurgcon E4 fornjerly an AssoLiUIL of ihc LThartercd Insurance Iiistiiute (ACII) The DoiiblL I. Flowcr5 DriivL I,ylLhLlI Miilravers POOLE B1116 6BX (datr signtdl P2ge 4 of 6
THE C WENNILI TRUST STA TEMENf OF FINANCIAL ACTIPITIES for die year emdtd JI December 2024 Unrestri(fed Income Restri¢ted Incorn¢ Tot41 Totdl Funds 2024 2024 2024 INCOMING RESOURCES Donations DJY SJilkng Yacht Charter Contributirjns Skipp¢r F-eL R¢tLind (See note l) SecurxN. Depogt Iietuins (Scc llocc 2) Tr1iiiII. Courses Grants &" Bursaries Bank Intcrcst ietiinds &- Trane[S IN 17,7iO 7.475 17,750 7,47J 2.388 280 16.720 14,?75 2.388 ?4,0( 57,993 i7,995 907 15,200 61,6.37 15,2 IU,671 Sub lots] 41,332 60, 661 128.421 RESOURCES EXPENDED Ad1]Ustration &. PR Dav SJiling c'rui (incl UKSA &- TectoiiA) Yachi Charrers Pro Skipper r.ecs Yacht securi J)eposity I)anias l.ows 'rrn171& C.uiirses C.harrcr Eypcnscs In5urancc Raciiig &- Dliiid Week AL"iuiint r-lcs &. Subscriptions Refiiiias &. Trer5 IN 2,328 13,250 2,328 lJ,250 lQ,2(Ai J6, 881 36,881 2, 8iJo 1.459 1,686 6, J44 1,487 11,236 615 17,550 27,C>77 1,459 1, 086 6,3 1, 487 11,2J6 i,433 615 15,&)0 2,550 Svb Toral J2,680 62, 956 9.f, 636 103. 646 NET INCOAIING OVER EXPE.VDIJVRL. 8.652 (2, 295) 6,357 24.775 13, 140 40. 508 53.648 28.873 21,79? 53,648 P2F 5 of 6
THE GWENNILI TR UST BAIANCE SHEET as dt 31 Decenibtr 2024 )24 Balance brotsght for%ard at 1st lanuary 53,648 Plus F.xcess Inconie oNrr F.Tenditure AdJustsnent at year end {see nO¢e) 59, 805 Reprcsented by Funds.. - LJoyd5 Bank Accnunt 19. 141 CAF Nt) l Account 500 CAf. No 2 C•old sfA Account 40, 164 Dcbtor5 (Nill 59, 805 Notc: End of }"car 20J? rhe account held a creditor,. payment receied in Jatiuarv 2024 bul tor utikiioTrii accnuiitiiig reay)ns, a £7)) tmbalani e contsnued rhrou8h the }'ear 24. Ncither dkc TTc&surer n()r Indepedent F.xaminer could idei)¢ify- the cause, bui a8reed that an 2djustmLnt shoiild be m2dc so tha¢ 4ininol}' i5 carried 1.orwd to year . Bank- holding5 iP*-ere £59.8QS Is td, on 31 Dec 2024 and thi5 is rellected iii the Fii)JnciaJ sernent. Pagc 6 ot"6