SMITH BRADBEER CHARITABLE TRUST UNAUDITED ANNUAL REPORT 31 MARCH 2023 (CHARITY NUMBER: 10604181
SMITH BRADBEER CHARITABLE TRUST ANNUAL REPORT 31 MARCH 2023 Contents Page Trustees, Report Independent Examiner5 Report Receipts and Payments Account Statement of Assets and Liabilities
SMITH BRADBEER CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2023 Smith Bradbeer Charitable Trust, 14-20 Bell Street, Romsey, Hampshire $05182E, was registered with the Charity Commissioners (No. 10604181 on 28 january 1997 and is constituted by Deed of Trust dated 23 January 1997. It is an unincorporated charity and the accounts have been prepared on 3 receipts and payments basis. The charity is administered by a management committee, comprising the following trustee5'. Mr Anthony Edward Davies Mr Peter Lloyd Davies Mr Trevor john Davies Mr Gregory John Lloyd Davies Mrs Sarah Robin50n The power to appoint additional trustees 15 vested in the current trustee5 and is exercisable in writing. Should new trustees be appointed, the existing trustees would take responsibility for their induction. Activities and objectives The objectives of the charity are'.- The advancement of the Christian Religion,. The advancement of education based on Christian principles,. Relief of poverty, hardship, distress, age and sickness throughoLJt the World,. Other such charitable purposes for the benefit of the communities of Hampshire and Dorset. The objectives of the charity have been met in the financial year by contributing to various missionary societies and evangelists at home and abroad who have achieved their aim of spreading the word of the gospel to various people around the world. Now we are out of the pandemic, the Trustees expect the donation5 to increase to normal pre-pandemic leve15 in the coming year or two. The charity has received increased donations in the year due which has in turn led to an increase in the charitable donations given. The charity is looking to expand the number of contributions and increase amounts in due course. During the year the charity made more than fifty charitable donations for the advancement of its objectives 12022 - fifty). The charity is dependent upon Smith Bradbeer and Company Limited and RAM Capital Limited for donations received and for rental income received from the Paint Pots Nursery and Safe Families. Reserves The charity has no policy in relation to reserves. Charitable donations and work are expensed at the decision and approval of the trustees from the cash reserves held in the bank account. There is no minimum buffer to be held back in the cash reserves.
SMITH BRADBEER CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2023 Publlc beneflt The charity has referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing its aims and objectives and in planning future activities. in particular, the trustees consider how planned activities will contribute to the aims and objectives that they have set. For and on behalf of the Board of TrtJstee5 Mr Gregory John Lloyd Davies Trustee 3010612023 Date
SMITH BRADBEER CHARITABLE TRUST INDEPENDENT EXAMINERS REPORTTOTHETRUSTEES OF SMITH BRADBEER CHARITABLE TRUST I report to the trustees on my examination of the accounts of smith Bradbeer Charitable Trust for the ve3r ended 31 March 2023, which are Set out on page5 4 to 5. Responsibilitie5 and basis ofreport As the charity's trustees of the Trust YOU 3re responsible for the preparation of the accounts in accordance with the requirements of the Charities Art 20111'the Act'l. I report in respect of my examination of the Trustee'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 14515llbl of the 2011 Act. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their Opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, l express no opinion as to whether the accounts present a 'true and f3ir view, and my report is limited to those 5pecilic matters Set out in the independent examiner's statement. Independent ex¢7miner 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 caLJSe to believe that in any material respect.. 111 accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or 121 the accounts do not accord with those records. 131 the accounts do not cornply with the applicable requirement5 concerning the form and content of accounts Set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concern5 and have come acr055 no other matters in connection with the examination to which attention shoLJld be drawn in thi5 report in order to enable a proper understanding of the account5 to be reached. Michaela Johns FCCA Hopper Williams & Bell Limited Chartered Accountant5 Highland House Mayflower C105e Chandler's Ford Eastleigh Hampshire S053 4AR 3010612023 Date
SMITH BRADBEER CHARITABLE TRUST RECEIPTS AND PAYMENTS ACCOUNTIGENERAL PURPOSE FUNDI FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Rècèlpts Grants and Donations Smith Bradbèer and Company Limited FIAM Capital Limited 57,200 17,500 15,400 8,150 Rental income Paint Pots Nursery Safe Families Service charges Hampshire county council 28,116 6,200 3,600 2,650 27.051 6,200 3,600 Total Receipts 115,266 60,401 Payments Charitable donations Charitable work Bank charges Business rates Insurance 76,827 8,475 169 I,ioi 3,011 27,836 1,692 34,347 4,000 88 281 3,131 21,416 1,596 Premises expenses Legal and professional fees Totsl Paym¢nt$ 119,111 64,859 Nèt cash payments 13.8451 14.4591 Cash funds brought forward Nel payments in year 4,390 13,8451 8,849 14,4591 Cash funds carried forward 546 4,390
SMITH BRADBEER CHARITABLE TRUST STATEMENT OF ASSETS AND LIABILITIES AS AT 31 MARCH 2023 2023 2022 Fixed Assets Investment properties 650,000 650,000 Cash funds Cash at bank 546 4,390 Total assets 650.546 654.390 Llabllltl¢$ Included within investment properties of £650,000 is a donated a55et that has been revalued. The revaluation was carried out by Jones Lang Lasalle in September 2016 and was £650,000. The Trustees believe the valuation to still be adequate and that there ha5 been no material change in value since the last dated valuation. Approved by the Trustees and authorised for issue Mr Gregory john Lloyd Davies Trustee 3010612023 Date