| Constitution: | Constitution: | Constitution: | The charity's | governing | document | document | document | is a trust | is a trust | deed | dated 27 October 1997 | dated 27 October 1997 | dated 27 October 1997 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Charity Registration | Numbers: | 1068651 | |||||||||||||
| Principle | Address of | Charity: | 13Singleton | Rd | |||||||||||
| Salford | |||||||||||||||
| M7 4NN | |||||||||||||||
| Charity | Trustees | during | the | M E Horwich | |||||||||||
| year: | H S Horwich | ||||||||||||||
| J Horwich | |||||||||||||||
| A Horwich | |||||||||||||||
| Agents and | advisers: | ||||||||||||||
| Independent | examiners: | ||||||||||||||
| 235 Bury New Rd | |||||||||||||||
| Whitefield | |||||||||||||||
| Manchester | |||||||||||||||
| M45 8QP | |||||||||||||||
| Lewis Hassell | &Co will | be proposed | for reappointment at the |
||||||||||||
| trustees' meeting. |
|||||||||||||||
| Bankers: | Bank ofScotland | ||||||||||||||
| 33 Old Broad | St | ||||||||||||||
| London | |||||||||||||||
| EC2N 1HW | |||||||||||||||
| Structure, | governance | The Charity | is an unincorporated | charity, | constituted under a trust deed |
||||||||||
| and management: | dated 27 October 1997 | ||||||||||||||
| Appointment | ofother trustees | is | at | the discretion ofthe serving trustees. | |||||||||||
| All decisions | made on behalf | ofthe | charity | are made by the trustees. | |||||||||||
| Governing | Document: | The Charity's | governing | document | is a Trust Deed dated 27 October | ||||||||||
| 1997. | |||||||||||||||
| Risk Management: | The trustees | have conducted | their | own review ofthe major | risks to which | ||||||||||
| the charity is |
exposed and systems | have been established | to mitigate | ||||||||||||
| these risks. These procedures |
are | periodically | reviewed | to ensure | that | ||||||||||
| they still meet | the needs | ofthe charity. |
| Objectives and | Objectives and | activities: | The Horwich Shotter Charitable Trust exists to receive and distribute |
The Horwich Shotter Charitable Trust exists to receive and distribute |
The Horwich Shotter Charitable Trust exists to receive and distribute |
The Horwich Shotter Charitable Trust exists to receive and distribute |
The Horwich Shotter Charitable Trust exists to receive and distribute |
The Horwich Shotter Charitable Trust exists to receive and distribute |
The Horwich Shotter Charitable Trust exists to receive and distribute |
|---|---|---|---|---|---|---|---|---|---|
| charitable donations to worthy causes primarily |
within | the | Jewish | ||||||
| Community. | |||||||||
| The charity's main income is from donations. |
|||||||||
| The objective of the charity is the relief of |
poverty | and | the | ||||||
| advancement ofJewish education and Religion. |
|||||||||
| The Trustees confirm that they have referred to the |
Charity | ||||||||
| Commission's guidance on public benefit when reviewing the Trust's |
|||||||||
| aims and objectives and in planning future activities. |
|||||||||
| Achievements | and performance: | During the year the trust continued to distribute |
the | majority | of | ||||
| donations it received to various charities. |
|||||||||
| At the year end the trust's unrestricted reserves were |
8160,398(2019 | ||||||||
| 558,702). | |||||||||
| Financial | review: | During the year the charity received donations |
of 8185,015. It |
||||||
| distributed F84,726 to the various charities. |
|||||||||
| Reserves | policy: | There is no formal policy to maintain a set level |
of reserves | as | the | ||||
| Charity's main aim is to distribute all available |
income | to | various | ||||||
| charities. Therefore, the Trustees believe that no special reserves | need | ||||||||
| to be held. | |||||||||
| The charity is still considered solvent as the trustees |
do not | plan | to | call | |||||
| in the loan made to the charity. | |||||||||
| Future plans: | The trustees plan to continue to seek donations which |
they aim | to then | ||||||
| distribute to various charities. |
| Notes | 2020 | 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 6 | 6 | E | |||||||
| INCOME AND | ENDOWMENTS | |||||||||
| Donations received |
2 | 185,115 | 25,115 | |||||||
| Investment income |
3 | 1,407 | ||||||||
| Total income | 186,422 | 25,117 | ||||||||
| EXPENDITURE | ||||||||||
| Expenditure on |
charitable | activities | 4 | 84,726 | 111,400 | |||||
| Loan interest | ||||||||||
| Total expenditure | 84,726 | 111,400 | ||||||||
| Net income | 101,696 | ((86,283) | ||||||||
| Net movement | In funds | 101,696 | (86,283) | |||||||
| Total funds brought |
forward | 58,702 | 144,985 | |||||||
| Total funds carried forward | 160,398 | 58,702 |
| HORWICH SHOTTER CHARITABLE TRUST | |||||
|---|---|---|---|---|---|
| BALANCE SHEET AS AT 30 NOVEMBER 2020 | |||||
| 2020 6 |
2019f | ||||
| Notes | |||||
| FIXEDASSETS | |||||
| Freehold | land & Buildings | 240,951 | 240,951 | ||
| CURRENT ASSETS | |||||
| Cash at bank | 5,067 | 10,996 | |||
| Debtors | |||||
| Loans | 13,990 | 19.615 | |||
| 19,057 | 30,611 | ||||
| CURRENT LIABILITIES | |||||
| Creditors | 99,610 | 212,860 | |||
| NET ASSETS | |||||
| 160,398 | 58,702 | ||||
| FUNDS OF THE | |||||
| CHARITY | |||||
| Unrestricted | charity funs | 160,398 | 58,702 | ||
| proved | the Trustees | on | |||
| rus | |||||
| The notes | referred to above form part ofthese Financial Statements |
| Other | Grant | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Costs | Funding | 2020 | 2019 | ||||
| E | E | E | E | ||||
| Charitable | activities | ||||||
| Ex enditure | on charitable | activities | |||||
| Grant funding | ofactivities | 84,726 | 84,726 | 111,400 | |||
| 84,726 | 84,726 | 111,400 |
| 2020 | 2019 | ||
|---|---|---|---|
| E | E | ||
| Trustee | Loan | 99,610 | 212,860 |
| 99,610 | 212,860 |