••
Chipping
Campden
COMMUNITY TRUST
Report & Accounts
For the Twelve Months
Ended
31" December 2023

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
{Registered Charity No. 10581871
TRUSTEES, REPORT
Legal and Administrative Information
The Chipping Campden Community Trust (the "Charity")
Name:
Address: clo Hon. Secretary, Mrs Susan Stainer, Clevelys, Broadway Road,
Mickleton GL55 6PT
(or Old Police Station, High Street, Chipping Campden GL55 6HD)
The Charity is an unincorporated association which is registered as a
charity with the Charity Commission under No. 1058187
Trustees: The following members of the Executive Committee (Trustees) served
during 2023 and, except as noted, remained as members of the
Executive Committee as of the date of this report:
Status:
Mr M. Allchin
Mrs A Dee
Mr S Holder
Mrs S. Lindner
Mr N Reid
Mrs S Stainer
Mrs Fiona Tierney
Mr Paul Wyatt
Hon. Chairman
Hon. Treasurer
Hon. Secretary
(Co-opted Feb 2023 Appointed November 2023)
(Co-opted Feb 2023 Appointed November 2023)
Independent
Examiner: Daniel Colwell & Co
Chartered Certified Accountants,
The Old Bull Pens, Sezincote,
Moreton-in-marsh, GL56 9AW
Bankers: Lloyds Bank plc.
High Street, Chipping Campden, GL55 6HH
August 2024
Page 2

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
{Registered Charity No. 1058187)
Structure and Governance
Constitution
The Charity was constituted pursuant to, and is governed by, a constitution dated 10
September 1996 (as amended). Members of the Charity may obtain a copy of the
constitution, as amended from time to time, from the Hon. Secretary.
Members
Individuals over the age of 18 years and businesses and organisations interested in
furthering the work of the Charity may become members of the Charity upon
payment of an annual donation in a minimum amount determined from time to time
by the Executive Committee. Individuals may also become members for life by
payrnent of a donation in a minimum amount determined from time to time by the
Executive Committee. Members have the rights prescribed in the constitution,
including the right to attend and vote at the annual general meeting and
extraordinary general meetings of the Charity.
Executive Committee
The Charity is administered and managed in accordance with the constitution by the
members of the Executive Committee.
The Trustees from time to time constitute the Executive Committee.
The
constitution specifies that there shall be between 5 and 9 trustees at any time
including 3 honorary officers, being that of the Chairman, the Secretary and the
Treasurer. There were 6 Trustees at the 31 sl December 2023.
No member of the Executive Committee is remunerated by the Charity for any time
spent by such member in connection with the affairs of the Charity. However
relevant expenses are reimbursed where appropriate.
The honorary officers and the Trustees are appointed by the members voting at an
annual general meeting of the members. Honorary officers and other Trustees are
appointed for initial terms of 3 years and are able to be re-elected, provided that no
honorary officer may serve more than 3 consecutive terms, and no other Trustee
may serve more than 2 consecutive terms.
The Executive Committee may, subject to certain restrictions set out in the
Constitution, appoint co-opted members of the Executive Committee with any such
co-opted member to hold office until the next succeeding annual general meeting at
which time such person is eligible for re-election. New members of the Executive
Committee are recruited with regard to the balance on the Executive Committee
from time to time of persons with relevant skills, experience, knowledge and
qualifications.
August 2024
Page 3

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C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
{Registered Charity No. 1058187)
Objectives and Aims
The objects of the Charity are to promote, through the provision of financial
assistance, any charitable purpose for improving the educational, leisure,
recreational and supportive facilities for the public benefit of the inhabitants of
Chipping Campden and the surrounding Campden Vale area, with special regard to
the needs of the young, the elderly, the disadvantaged and the disabled.
Activities
The Charity provides financial assistance principally by way of awarding grants by
decision of the Executive Committee. The Executive Committee actively seeks and
considers grant applications made to the Charity.
Honorary Chairman's Report
Although the Trust received more grant applications than last year, the Trustees
decided to seek the help of a professional promotional company to assist us in
promoting the work of the charity, not only to attract new grant applications, but also
to make residents aware of the charity, and the possibility of leaving a legacy to the
Trust in the future. The Trust has benefitted enormously from legacies, including
one this year from a past life member, and it is important for the future that we
continue to attract them. In addition, we have placed articles in the local papers and
magazines which cover our villages, explaining the work of the Trust.
The Trust continues to grant aid the Campden Edge Advisory Service, operated by
Louise Kington. This valuable service helps in advising residents in need of support
due to illness or just old age. We have completed our three-year commitment to
grant aid Cotswold Friends, who provide a vital transport service for hospital
appointments and other essential journeys, giving much needed support to many
local people.
During the year the Trust awarded grants to most of the villages within our area to
help with the Jubilee Celebrations, to a primary school to help with the cost of new
reading books, and to a disabled primary school pupil to assist with special
equipment to assist with learning. In addition we have given a grant to the First
Responders to provide the equipment required for one unit.
August 2024
Page 4

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C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
(Registered Charity No. 10581871
We were very sorry that Derek Houckham was forced to resign as a Trustee due to
ill health. Derek was a valued Trustee, joining the organisation from the Braithwaite
Trust. We were also sorry the Dawn Hughes had to leave due to work pressures. I
would personally like to thank all the Trustees for their time and commitment, and
especially the secretary Sue Stainer and the treasurer Norman Reid
The Trust remains in a healthy financial position, and we look forward to supporting
grant applications which meet our objects of helping the young, the elderly, the
disadvantaged and the disabled throughout our area.
Financial Review
The Charity maintains 2 different types of fund, being an unrestricted fund and 3
restricted funds, details of which are contained in note 2 to the financial statements.
A list of all the grants made by the Charity during the financial year is set out in note
3 to the financial statements.
Monies in the restricted funds may be applied only in accordance with the
restrictions set out in note 2 to the financial statements whereas monies in the
unrestricted fund may be applied to any cause satisfying the Charity's objects.
All monies received by the Charity, including the membership donations, which are
not subject to any restrictions on their application are credited to the unrestricted
fund.
The Charity actively seeks donations, grants and other means of funding its
activities.
Prior to funding any grants, monies received by the Charity are either held as cash
at bank or invested in 1 of 3 investment funds (the COIF Charities Investment Fund,
the COIF Charities Property Fund and the COIF Global Equity Income Fund)
managed by CCLA Fund Managers Limited.
It is the policy of the Executive Committee that, other than in exceptional
circumstances, the capital portion of the restricted funds shall not be applied in
funding any grants and that rather such grants shall be funded entirely from the
income generated by such funds. Non-restricted grants may be funded by either or
both the capital portion of the unrestricted funds or any income generated by such
funds.
The members of the Executive Committee have had due regard to the Charity
Commission's public benefit guidance when exercising any powers or duties to
which the guidance is relevant.
August 2024
Page 5

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
{Registered Charity No. 10581871
Hon. Treasurer's Report
Introduction
This year has again seen a strong financial performance from the Trust, with fund
balances at the end of the year of £2,157,446 (against the figure at the end of 2022
of £1,941,449). This is partly due to the change in the method of accounting for
investment income affecting this year only (see note on Income below) and also as
a result of excellent investment performance giving unrealised profits in the year of
£165,547.
Income
It has recently come to our attention that the investment income received in
February each year relates, in fact, to the final quarter of the previous year (October
to December). In previous years we have accounted for investment income when
received. In order to comply with our stated accounting policy, we are now accruing
this income in the year to which it relates.
The effect of this is that for this year only, there are five quarters of investment
income accounted for. Investment Income is £75,716 for five quarters (£61,277 for
four quarters, compared to £56,851 for the previous year).
Expenditure
The increase in the total expenditure in the year, excluding that of grant payments,
from £4,898 in 2022 to £6,393 in 2023 reflects an increase in Advertising and
Marketing costs, with a smaller decrease in IT costs.
Grants
During the year, the Charity made grants totaling £19,861 (2022 £21,255) of which
£2,770 was for the benefit of the young and the disadvantaged in the community.
General
The Charity continues to look to the future with confidence. Its asset base remains
strong and it is still positioned to continue the work envisaged by those who
originally provided the bequests leading to the creation of the Charity.
Risk Management
The Executive Committee's policy is to limit the sum the Charity has on deposit with
its bankers to the maximum sum protected under the UK Government's Financial
Services Compensation Scheme.
The 3 COIF investment funds in which the Charity is invested are specifically
designed to suit charities and are only open for investment by charities. CCLA Fund
Managers Limited is a wholly owned subsidiary of CCLA Investment Management
August 2024
Page 6

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
(Registered Charity No. 10581871
Limited which is the third largest charity fund manager in the UK and has been in
business for more than 60 years.
The Hon. Treasurer regularly monitors the results of the Charity's investments in the
COIF investment funds.
Reserves Policy
The Trustees, aim is to maintain free reserves in unrestricted funds in the sum of not
less than £10,000 as it is considered that this will enable the Charity to respond
expeditiously to grant applications as the same are made from time to time
On behalf of the Trustees:
Sally Lindner
Hon. Chairman
2024
August 2024
Page 7

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
(Registered Charity No. 10581871
Independent Examiner's Report to the Trustees
of the Chipping Campden Community Trust
for the Year ended 31 December 2023
I report on the accounts of the Charity which are set out on pages 9 - 14.
Respective responsibilities of Trustees and Examiner
The Trustees are responsible for the preparation of the accounts. The Trustees consider
that an audit is not required this year under section 144(2) of the Charily's Act 2011 (the
2011 Act) and that an independent examination is needed. It is my responsibility to
examine the accounts under section 145 of the 2001 Act and follow the procedures laid
down in the General Directions given by the Charity Commissioners under section
145{5)(b) of the 2011 Act, and state whether any particular matters have come to my
attention.
Basis of independent examiner's report
I carried out my examination in accordance with the General Directions given by the
Charity Commissioners. An examination includes a review of the accounting records kept
by the Charity and a comparison of the accounts presented with those records. It also
includes consideration of any unusual items or disclosures in the accounts, and seeking
explanations from you as Trustees concerning any such matters.
The procedures
undertaken do not provide all the evidence that would be required in an aLJdit, and
consequently I do not express an audit opinion on the accounts.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect, the
Trustees have not met the requirements to ensure that:
proper accounting records are kept in accordance with Section 130 of the
2011 Act., and
accounts are prepared which agree with the accounting records and
comply with the accounting requirements of the 2011 Act,. or
2. to which in my opinion, attention should be drawn in order to enable a proper
understa
ing of the accounts to be reached.
.2024
iel J
mes Colwell FCCA CTA ATT
Daniel
well & Co,
Chartered Certified Accountants
The Old Bull Pens,
Sezincote, Moreton-in-marsh,
Gloucestershire, GL56 9AW.
August 2024
Page 8

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
(Registered Charity No. 10581871
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31st DECEMBER 2023
Unrestricted Restricted
Funds
Funds
Total
2023
Total
2022
Incoming Resources
Incoming Resources from
Donors
Investment Income
(See Note 1 (b))
Legacy
988
988
1,775
29,243
46,473
75,716
56,851
20,000
30,231
46,473
76,704
78,626
Resources expended
Grants Made (see note 3)
Advertising and Marketing
Insurance
Secretarial
Independent Examiner's Fees
Underl{over)provision for
previous year
Room Rent
2,770
1,830
191
166
17,091
1 ,830
191
166
19,861
3,660
382
332
21,255
1,347
378
184
600
600
1 ,200
20
1,180
10
10
20
1,563
187
39
367
366
733
Postage, Printing & Stationery
Miscellaneous
33
33
66
5,967
20,287
26,254
26,153
Surplus(Shortfall) of Income
Over Expenditure
24,264
26,186
50,450
52,473
Realised and Unrealised
gainsl(losses) on investment
assets
82,401
83,146
165,547
(252,281)
Net Movement in Funds
106,665
109,332
215,997
(199,808)
Fund Balances blf
801,639
1,139,810
1,941,449
2,141,257
Fund Balances clf
908,304
1,249,142
2,157,446
1,941,449
August 2024
Page 9

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
(Registered Charity No. 10581871
BALANCE SHEET AS AT 31sI DECEMBER 2023
2022
Investments
2023
1 ,457,255
80,179.56 COIF Investment Fund Income
Units at market valuation
121,268.31 COIF Property Fund Income Units
at market valuation
1,591,163
135,032
126,604
291,201
118,717 COIF Global Equity Income Units at
market valuation
331,267
1 ,883,488
2,049,034
Current Assets
Cash at Bank
Cash on Restricted Funds Deposit
Cash on Unrestricted Funds Deposit
Debtors and Prepayments
Accrued Investment Income
11,317
27,625
16,033
4,166
3,073
48,342
39,592
4,166
14,439
59,141
109,612
Current Liabilities
1,180
Examiner's fee for 2023
1,200
Other Creditors
1,180
1,200
57,961
Net Current Assets
108,412
1,941,449
NET ASSETS
2,157,446
August 2024
Page 10

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
(Registered Charity No. 10581871
BALANCE SHEET AS AT 31st DECEMBER 2023 (continued)
2022
The net assets are represented by:
2023
342,769
625,083
171,958
Tryphena Wood Bequest Capital
Fred Badger Fund Capital
Restricted Fund Revenue
371,312
671,030
206,800
1,139,810
Total Restricted Funds
1,249,142
134,819
666,820
Unrestricted Fund
Braithwaite Fund
168,547
739,757
908 304
2,157,446
1,941,449
Total Funds
The financial statements have been prepared in accordance with SORP (FRS 102) (issued
in October 2019) (effective October 2019).
The Report and Accounts on pages 2 - 14 were approved by the Trustees on 3 SILL
2024 and were signed on their behalf by:
Date..
(Hon. Chairman)
S. Lindner
Date:
(Hon. Treasurer)
August 2024
Page11

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
(Registered Charity No. 10581871
Notes forming part of the financial statements for the year ended
31st December 2023
1. Accounting policies
(a) Accounting Convention
The financial statements have been prepared in accordance with Accounting and
Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland {FRS 102) Charities SORP (FRS 102) (effective 1
October 2019) the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) and the Charities Act 2011.
(b) Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when
the charity is legally entitled to the income and the amount can be quantified with
reasonable accuracy. For legacies, entitlement is the earlier of the charity being notified of
an impending distribution or the legacy being received.
Analysis of Investment Income
2023
2022
COIF Investment Units
COIF Fixed Interest Units
COIF Property Units
COIF Global Equity Units
Deposit Interest
Total
54,691
41,207
1 ,052
6,791
7,096
705
56,851
8,452
9,865
2,708
75,716
In previous years we have accounted for investment income when received. In order to
comply with our stated accounting policy, we are now accruing this income in the year to
which it relates. The effect of this is that, for one year only, there are five quarters of
investment income accounted for in the year to 31 sl December 2023,
(c) Resources Expended
All expenditure is accounted for on an accruals basis and has been classified under
headings that aggregate all costs related to the category. Where costs cannot be directly
attributed to particular headings they have been allocated to activities on a basis consistent
with use of the resources.
The Trustees received no remuneration in the year.
(d) Grants
Grants made in the year from both the Restricted Fund and the Unrestricted Fund were
made in accordance with the terms of reference for these funds as outlined in Note 2
below.
August 2024
Page12

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
(Registered Charity No. 1058187)
Notes (continued)
(e} Investments
Investments are stated at market value at the balance sheet date. The SOFA includes the
net gains and losses arising on revaluations.
2. Description of the various Trust Funds
(a) Unrestricted Fund
General Fund
This fund is used to hold all receipts, the use of which is not restricted, as well as all
donations of unrestricted monies.
(b) Restricted Funds
The Tryphena Wood Bequest and the Fred Badger Fund were set up for the benefit of the
elderly in the area, an area now defined as the Campden Vale, including the village of
Ebrington. Specifically, the income from these funds is used to improve the quality of life
of those in the area, and to provide support to them in their homes and in the community.
While the two capital restricted funds are being kept separate, the income from those funds
has been merged into one fund known as the Wood Badger Income Fund, which will
continue to provide grants for the elderly within the defined area.
3. Grants Made
Restricted Unrestricted
Campden and Cotswold Edge Advisory Service
Weston-sub-Edge Village Hall
Air Ambulance Accident Appeal
Mobility Scooter
Mobility Chair
Ebrington Gardening Club
Campden Quilters
Willersey Table Tennis Club
Supply of essential requirements to local residents
10,000.00
1,112.46
500.00
1,199.00
820.00
250.00
350.00
1,112.46
500.00
250.00
908.00
2,859.00
17,090.46
2,770.46
August 2024
Page 13

ST
C.C.C.T. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
(Registered Charity No. 1058187)
Notes (continued)
4. Analysis of Invested Funds
Units
Value
2023
Restricted Unresiricted Balance
sheet total
COIF Investment Funds
Tryphena Wood Capital
General Capital
Fred Badger Capital
Fred Badger Revenue
Tryphena Wood Revenue
Wood Badger Revenue
Braithwaite Fund Revenue
15,990.02
4,659.09
30,295.09
1,420.80
864.27
4,303.31
22,646.98
317,322
92,460
601,206
28,196
17,151
85,399
449,429
317,322
92,460
601,206
28,196
17,151
85,399
449,429
80,179.56 1,591,163 1,032,123
559,040 1,591,163
COIF Property Fund
Tryphena Wood Revenue
Tryphena Wood Bequest
Fred Badger Capital
Fred Badger Revenue
25,725.15
23,965.83
66,881.61
4,695.72
26,857
25,020
69,825
4,902
26,857
25,020
69,825
4,902
121,268.31
126,604
126,604
126,604
COIF Global Equity
Income Fund
Braithwaite Fund Revenue 104,045.28
Tryphena Wood Bequest
10,382.04
General Capital F1
705.59
Fred Badger Revenue
3,583.94
290,328
28,970
1,969
10,000
290,328
28,970
1,969
10,000
118,716.85
331,267
38,970
292,297
331,267
Deposit Account Restricted
Deposit Account
Unrestricted
48,342
39,592
48,342
48,342
39,592
39,592
Accounts Lloyds Bank
Accruals
Prepayments and accrued
income
3,073
{1,200)
18,605
{9,265)
(600)
12,968
12,338
(600)
5,637
3,073
(1,200)
18,605
Totals as per Balance
Sheet
2,157,446 1,249,142
908,304 2,157,446
August 2024
Page 14