The Pople Charitable Trust
Unaudited accounts 5 April 2021
Charity registered no: 1063231
The Pople Charitable Trust Charity number: 1063231 Trustees' report
The Trustees present their annual report and accounts for the year ended 5 April 2021. The accounts comply with the Charity's Trust Deed and applicable law.
Trustees
The Trustees who have served throughout the financial year, unless otherwise stated, were:
Patricia Pople Christopher Pople Nicola Pople David Pople Richard Pople
The power of appointment and removal of Trustees shall be vested in the existing trustees.
There were no payments to trustees in the year to 5 April 2021 (5 April 2020 £nil).
Governing document
The governing document is the original settlement deed dated 22 February 1997.
Reserves policy
The trustees believe that the current level of reserves of cash £149,327 (2020: £157,135) are sufficient for current purposes. The cash reserves are reviewed on a regular basis.
Objectives
The object of the Foundation is to apply its income to assist children to receive high calibre educational training and to provide appropriate facilities. Additionally, help is given for the provision of facilities for needy elderly persons as well as children. Further, support is provided for the maintenance of heritage and listed buildings in the environment.The trustees have determined that the benefit of their giving shall be applied principally in the Gloucestershire and Somerset area.
Related parties
The Trustees are related parties by way of close family relationships.
The Trustees have a written policy in place setting out conflicts of interest and how they will be managed.
Review of acheivements and further developments
The Receipts and Payments Account shows that during the year the Trustees donated £178,750 for relevant charitable purposes. This represents 105% of the net income for the year.
Risk management
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the return on investments, and are satisfied that systems are in place to mitigate their exposure to major risks.
The coronavirus pandemic continues to cause economic uncertainty within the United Kingdom. The Trustees have considered the potential impact on the financial position of the Charity and have concluded that the Charity is nevertheless able to meet its financial obligations for a period of at least 12 months from the date of approving these financial statements and therefore continue to adopt the going concern basis in their preparation.
The Pople Charitable Trust Charity number: 1063231
Public benefit
The Trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and setting it's grant making policies. The Trustees regularly receive donation requests which are considered periodically throughout the year.
Trustees' responsibilities in relation to the accounts
Charity law requires the Trustees to prepare accounts for each financial year that give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing those accounts, the Trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities SORP;
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Make judgements and estimates that are reasonable and prudent;
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State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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Prepare the accounts on the going concern basis unless is it inappropriate to presume that the charity will continue in operational existence.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Pople Charitable Trust Charity number: 1063231 Independent examlners. report to the trustees Independent examine5 report to the tnJsee5 of The Pople Charltable Tn]st. I report on the accounts of the Charlty for the year ended 5 April 2021. Respectlve responslblllties of trustee5 and examlner The charfty's trustees are responsible for the preparatlon of the accounts. The charity's trustees consider that an audit is not required for this year under section 144121 of the CharTties Act 2011 (the 2011 Act) and that an independent examinatlon Is needed. It Is my responsiblllty to: examlne the accounts under section 145 of the 2011 Act,. to follow the procedures lald down in the general dlrections glven by the Charity Commission under section 14515llbl of the 2011 Jlct,. and to state whether particular matter5 have come to my attention. Basls of Independent examlner's rtport My examination was carried out in accordance with the general dlrectlons glven by the Charity Commission. An examination Includes a review of the accounting records kept by the charity and a mparison of the accounts presented with those records. It also includes consideration of any unusual items or dlsclosures in the accounts, and seeking explanatlons from you as trustees concerning any such matter5. The procedures undertaken do not prowde all the evldence that would be required In an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view and the report TS limited to those matters set out in the statement below. Independent examlnerfs statement In connection with my examlnation, no matter has come to my attention: whlch glves me reasonable cause to belleve that in any material respect the requirements: to keep accountlng records In accordance wlth section 130 of the 2011 Act- and to prepare accounts whlch accord wlth the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or 12) to whlch, In my oplnlon. attentlon should be drawn in order to enable a proper understanding of the accounts to be reached.
The Pople Charitable Trust Charity number: 1063231 Receipts and payments account for the year ended 5 April 2021
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Total Total
2021 2020
Note £ £
Receipts
Property income after rental expenses 174,713 205,121
Total receipts 174,713 205,121
Payments
Property expenses
Refurbishment costs - (118,544)
Insurance (3,057) -
Professional fees (714) (660)
Grants
Bristol Grammar School (45,000) (45,000)
Quartet Community Foundation (72,000) (100,000)
Access Sport - (5,000)
The Prince's Trust (2,500) (5,000)
St Peter's Hospice (5,000) -
The Dolphin Society (2,000) (2,000)
The Anchor Society (2,000) (2,000)
The Grateful Society (3,000) (2,000)
Clifton College (Covid-19 Support Fund) (1,000) -
Childrens Hospice South West (5,000) -
The Park Centre (30,000) -
St Mary Redcliff (250) -
Bristol Childrens Help Society/Barton Camp (1,000) -
Royal West of England Academy (10,000) -
Total payments (182,521) (280,204)
Net of receipts/(payments) (7,808) (75,083)
Cash funds last year end 157,135 232,218
Cash funds this year end 149,327 157,135
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The Pople Charitable Trust Charity number: 1063231 Statement of assets and liabilities as at 5 April 2021 Total 2021 Total 2020 Cash funds Cash at bank 149.327 149,327 157,135 157,135 Investment assets 10 Arlington Mansions, Bristol 11 Arllngton Mansions, Brlstol 1.200.000 1.200,000 2.400.000 1,200,000 1,200,000 2.400,000 Llabllltles We approve the financial statements for the year ended 5 April 2021. and ackrth¥ledge our responsibility for them, for the appropriateness of the accountlng basls and for the accuracy of the information from whlch the accounts have been compiled.