Registered no. 1070428 FULMER CHARITABLE TRUST FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 David Owen & Co Chartered Accountants and Registered Auditors 17 The Market Place Devizes. Wiltshire. SN10 1HT
FULMER CHARITABLE TRUST FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 CONTENTS Page Trustees Report Independent Auditors, Report Statement of Financial Activities Balance Sheet Statement of Cash Flows 10 Notes to the Accounls 11-23
FULMER CHARITABLE TRUST THE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 The trustees present their report and financial statements of the charity for the year ended 31st December 2023. The financial statemenls have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's Trust Deed, the Charities Act 2011 and "Accounling and Reporting by Charities: Statement of Recommended Praclice applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" Objectives and Activities The Trustees meet to consider applications for assistance and decide which Gauses to support, utilising the income of the Trust for such purposes. The Trustees confirn thal they referred to the Charity Commission's general guidance on public benefit when reviewing aims. objectives and grant making policy. The Settlor expressed his wish that available income should be distributed under the follov4ing "Heads of Charity" and broadly in the proportions indicated. Relief of suffering and hardship- 70° Advancement of education- 10°/0 Advancement of religion- 100 Other charilable purposes for Ihe benefil of the community- 10°/0 Achievements and Perforniance Grants are being given regularly under Ihe objeds of the Charity using income generated by the investments held. During the year the Trustees have made substantial charitable donations to a wide variety of causes in accordance with the wishes of the Settlor. A detailed list of donations made is set out at note 2 to the accounts. Financial Review Reference to "PY" as the previous accounting period means the 12 months ended 31st December 2022. During the year under review, the total donations received (inclusive of associated gift aid) were £87.500 {PY - £25.000). Investment income of £399.673 (PY - £366,158) was receive(J. The Trustees have made charitable donations tota11ing £403,900 (PY - £385.900) during the year. Administration and governance costs were 6 % of income. Reserves are maintained at a level to rneet imrnediate charitable requirements and the ongoing administration of the Trust. The Trustees are satisfied that the balance of £12,572,648 is sufficient to meet these requirements.
FULMER CHARITABLE TRUST THE REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2023 The Trustees have assessed the major risks to which the Fulmer Charitable Trust is exposed. and are salisfied that systems are in place to mitigate exposure to Ihe major risks. The principal risks and uncertainties relate to the financial performance of the companies and funds in which the charily invests. The Trustees give grants only from monies as and when they are received so there is no risk of over commitment, and with minimal overheads the inherent simplicity of Ihe financial arrangements would always hold true. Reserves Policy The charity retains reserves at a level sufficient to cover one year of normal operating costs. As of 31 December 2023 these costs were covered many times over. structure. Governance and Management Fulmer Charitable Trust is registered with and regulated by the Charity Commission under Charity No. 1070428 and is governed by ils Trust Deed. The Charitable Trust was established by deed in 1997 and subsequently received from JS Reis a substantial gift of Henry Boot and Sons plc Ordinary Shares. The Settlor appointed Trustees and during his lrfetime has the power of appointing new Trustees. There shall be at least two Trustees. The Truslees meet regularly but are obliged to meet al least twice each year. There are no volunteers apart from the Trustees. Leqal and Administrative Information Trustees MrJSReis Mrs S Reis Mrs C Mytum Rev. P A Bromiley Mrs J A Reis Principal Office 8 The Parade. Marlborough. Wiltshire. SN8 1 NE Charity Number 1070428 Auditors David Owen & Co. 17 The Market Place, Devizes, Wiltshire. SN10 1 HT Recruitment and appointment of new trustees The power of appointing new trustees is vested in the settlor. Subjected to this, Irustees can be appointed by a general resolution within a meeting of the Trustees. The maximum number of truslees which can be appointed at any one time is five. Currently the numbers of Trustees resides at fwe. All Trustees undergo an induction and training on appointment.
FULMER CHARITABLE TRUST THE REPORT OF THE TRUSTEES (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2023 Trustees. Responsibilities The Trustees are responsible for preparing the Trustees. Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (Uniled Kingdom Generally Accepted Accounting Practice). The Trustees are required to prepare accounts for each financial period which give a true and fair view of the state of affairs of the Trust and of the incoming resources and application of resources. including the income and expenditure. of Ihe Trust for that period. In preparing these accounts the Truslees are required to: select suitable accounting policies and apply them consistently: observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and pnjdent; prepare the accounts on the going concern basis unless it is inappropriate to presume that the Trust will continue in operation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Trust. They are also responsible for safeguarding the assets of the Trust and taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of information to auditor Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such infomiation. Auditor David Owen & Co were re-appointed as the charity's auditors during the year and have expressed their willingness to continue in that capacily. Date: 15 August 2024 Mrs S Reis For and on behalf of the Board of Trustees
FULMER CHARITABLE TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 Opinion We have audited the finanaal statèments of the Fulmer Charitable Trust for the year ended 31st December 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable Charities law and United Kingdom Accounting Stsndards, including FRS 102 "The Financial Reporting Standard applicable in Ihe UK and Ireland" (United Kingdom Generally Accepted Accounting Practice). In our opinion. the financial stalements: give a true and fair view of the state of the charitWs affairs as at 31st December 2023 and of its incoming resources and application of resources for the period then ended; have been properly prepared in accordan with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance wrth the requirements of section 144 of the Charities Act 2011. Basis for OPFnion We conducted our audit in accordance with Intemational Standards on Auditing {UKI {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorf5 responsibililies for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other elhical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for opinion. Conclusions relatlng to going concern In auditing the financial statements. we have concluded that the Trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that. individually or collectively, may cast significant doubts on the charitys ability to continue as a going concem for a period of at least Iwelve months from when the financial ststements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem are described in the relevant sections of this report.
FULMER CHARITABLE TRUST INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 Other information The other information comprises information included in the annual report. other than the financial statements and our audilorfs report thereon. The trustees are responsible for the other information. Our opinion on Ihe financial slateTnents does not cover the other information and, except to the extent othenmise explicitly staled in our report. we do nol express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other infomiation and. in doing so, consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a misstatement in the financial statements or a material misstatement of the other information. If. based on the work we have performed. we conclude that there is a material misstatement of this other infomiation. we are required to report that fact. We have nothing to report in this regard. Responsibilities of trustees As explained more fully in the Truslees, Responsibilities Statement (set oul on page 3), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such intemal control as the trustees detennine is necessary to enable the preparation of financial statements that are free from rnaterial misstatement, whether due to fraud or error. In pparing the financial stalements. the trustees are responsible for assessing the charity's ability to continue as a going conrn, disclosing, as applicable. matters related to going concem and using the going concem basis of accounting unless the trustees either intend to liquidate the charity or to ase operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with thal Act and relevant regulations made or having effect thereunder. Our objectives are to oblain reasonable assurance about whether the financial statements as a whole are free from material misststement. whether due to fraud or error, and to issue an auditorfs report thal includes our opinion. Reasonable assurance is a high level of assurance, bul it is not a guarantee that an audit conducted in accordan with ISAS (UK) will always delect a material misslatemenl when it exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregale. they could reasonably be expected to inflLAence Ihe economic decisions of users take on Ihe basis of these financial statements. Irregularities. including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, lo detect material misstatements in respect of irregularities, including fraud. The extent lo which our procedures are capable of detecting ]egularitIeS, including fraud, is detailed below. A further description of our responsibilities for the audit of the financial slatements is located on the Financial Reporting Council's website at.. https:Ilfrc.org.co.uklauditorsresponsibilities. This description fomis part of our auditor's report.
FULMER CHARITABLE TRUST INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 Extent to which the audit was Gonsidered capable of detecting irregularities. Including fraud We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtsining audil evidence that is sufficient and appropriate to provide a basis for our opinion. In identifying and addressing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations. our procedures included the following= We obtained an understanding of laws and regulations thal affect Ihe charity. focusing on those that had a direct effect on the financial statements or that had a fundamental effecl on its operations. Key laws and regulations that we identified included the UK Charities Act 2011 and applicable accounting standards., We enquired of the trustees, reviewed correspondence and trustees, meeting minute5 for evidence of non-complian with relevant laws and regulations. We also reviewed controls the trustees have in place to ensure compliance- We enquired of the trustees about actual and potential litigation and claims- We performed ana11¢al procedures to identify any unusual or unexpected relationships that might indicate risks of material misstatement due to fraud. and We verfied the valuations on listed investments held at the year end to the relevenl stock exchange. Due to the inherent limitations of an audit. there is an unavoidable risk that we may not have detected some material misstatements in the financial statements. even though we have properly planned and performed our audit in accordance with auditing standards. For example. as with any audil, there remained a higher risk of non-detection of iffegularities. as these may involve collusion, forgery, inlentional omissions. misrepresentab'ons, or the oveIde of intemal controls. We are not responsible for preventing fraud or non-compliance with laws and regulations and cannot be expected to detect all fraud and non-compliance with laws and regulations. Opinion on other matters prescribed by the Charlties Act 2011 In our opinion the information given in the trustees. report for the financial year for which the financial statements are prepared is consistent with the financial statements, and the Truslees, Report has been prepared in accordance with applicable legal requirements.
FULMER CHARITABLE TRUST INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees. report We have nolhing to report in resped of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report lo you if, in our opinion= the information given in the Trustees. Annual Report is inconsistent in any material respect wilh the financial stalemenls. or sufficient accounling records have not been kept.. or the financial statements are not in agreement with the accounting records; or we have not received all the infomiation and explanalions we require for our audit. Use of our report This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the trustees those matters we are required to state to them in a Report of the Auditors and for no other purpose To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, for our audit work, for this report, or for the opinions we have formed. David Owen and Co Chartered Accountants and Statutory Auditors 17 The Market Place Devizes Wiltshire SN10 1HT Date: 11& -F-kn 2oL9- David Owen & Co is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006
FULMER CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023 Unrestricted Restricted Funds Funds 2023 Total 2022 Total Notes Income Incorne from Donations and Legacies Donations and Gifts Income Tax Refunds 70,000 17,500 70,000 17,500 20,000 5.000 Income from Investments at Fair Value Bank and Other Interest Dividends from listed investments 1,933 398,802 1,933 398,802 4.984 361,174 Total Income 488,235 488,235 391,158 Expenditure Expenditure on Charitable Activities Grant expenditure Secretarial fees Administration and premises costs Audit fees Investment management fees Bank charges Depreciation 403,900 8.273 8.908 4,380 3.820 333 3,149 403.900 8,273 8,908 4.380 3.820 333 3.149 385,900 7.661 7.270 4,020 278 3,149 Total Expenditure 432,763 432,763 408,278 Net Income before other recognised gains and losses 55.472 55,472 (17.120} Realised Gains1(Losses) on Investments carried at Fair Value 4,254 4,254 Nel Gainsl(Losses) on Investments carried at Fair Value 11,542,714) (1,542.714) (2,831,812) Net movement in funds (1,482.988) {1.482,988) (2,848,932) Fund balances at 1 January 2023 14,055.636 14.055,636 16.904.568 Fund balances al 31 December 2023 12,572,648 12,572,648 14.055,636
FULMER CHARITABLE TRUST BALANCE SHEET AS AT 31ST DECEMBER 2023 Notes 2023 2022 Fixed assets Tangible Assets Investments 288,575 12.095.748 291,724 13.626.462 Current assets Cafcash Account Chilvester Financial Cash Account Debtors and Prepayments 184.787 3,134 5,000 142,837 Total Current Assets 192,921 142,837 Creditors: amounts falling due within one year Creditors 4.596 5,387 Net Current Assets 188,325 137,450 Net assets 12,572,648 14,055,636 The funds of the charity Restricted Funds Unrestricted Funds 12.572,648 14,055,636 Total charity funds 12,572,648 14,055.636 The notes at pages 11 to 23 form part of these accounts. Approved by the board of trustees on 15 August 2024 and signed on their behalf by: JSReis ( Trustee)
10 FULMER CHARITABLE TRUST STATEMENT OF CASH FLOWS AS AT 31ST DECEMBER 2023 2023 2022 Cash flows from operating activities: Net cash provided by (used in) operating activities a) (347,905) {379,540} Cash flows from investing activilies: Dividends. interest and rents from investments Proceeds from sale of investments Purchase of investments Purchase of freehold property Net cash provided by (used in) investing activities 400.735 142.518 (150,264) 366,158 392.989 366.158 Change in cash and cash equivalents in the reporting period 45.084 (13.382) Cash and cash equivalents at the beginning of the period 142,837 156,219 Cash and cash equivalents at the end of the period b) 187.921 142,837 a) Reconciliation of net incomel(expenditure) to net cash flow from operating activities Net incomel(expendrture) for the period as per the Statement of Activitif (1,482.988) (2,848,932) Adjustments for.. {Gains)Ilosses on investments Dividends, interest and rents from investments Realised (Gains)ILosses (Increase)Idecrease in debtors Increasel(decrease) in creditors Depreciation 1,542,714 (400,735) {4,254) {5,000} (791 } 3,149 2,831,812 1366,158) 589 3,149 Net cash provided by (used in) operating activities 347,905 379,540 b) Analysis of cash and cash equivalents Cash at bank 187,921 142,837
FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 1 ACCOUNTING POLICIES Charity infomiation Fulmer Charitable Trust is a public benefit entity registered with and regulated by the Charity Commission under Charity No. 1070428 and is govemed by its Trust Deed. Basis of preparation The accounts have been prepared in accordance with FRS 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland", the Statement of Recommended Practice"Accounling and Reporting by Charities" for charities applying FRS 102. and the Charities Act 2011. The accounts (financial siatements) have been prepared to give a 'true and fair, view and have departed from the Charities {Ac¢ounts and Reports) Regulations 2008 only to the exlent required to provide a 'true and fair view.. This departure has involved following the relevant version of the Sklement 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) rather than the Accounting and Reporting by Charities: Statement of Recomrnended Practice effective from 1 April 2005 which has since been wilhdrawn. 1.2 Going concern At the time of approving the accounls, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the accounts. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subjecl to specific conditions by donors as to how they may be used. At 31 Decemeber 2022 and 31 December 2023 there were no restricted funds. 1.4 Income Income is recognised when Fulmer Charitable Tnjst is legally entitled lo it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that the income will be received. Cash donations are recognised on receipl. Other donations are recognised once Fulmer Charitable Trust has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation. Bank interest and investment income is included in the Statement of Financial Activities on receipt. 1.5 Expenditure Liabilities are recognised as Èxpenditure as soon as there is a legal or construclive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation Can be measured ieliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicablè expenditure headings.
12 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 1.6 Unrestricted Funds Unrestricted funds are available for use at the discretion of Ihe Trustees in furtherance of Fulmer Charilable Trust's charitable activities and are available as general funds. As at 31 December 2023 and 31 December 2022 only one fund is in operation and this is unrestricted. 1.7 Tangible Fixed assets Tangible fixed assets costing more than £5,000 are capitalised and included at Cost. Depreciation is provided on all fixed assets at rates calculated to write off the cost on a 5traighl- line basis over the expeded useful economic life as follows- Freehold land.- Nil Freehold Buildings.. Over 50 years 1.8 Fixed assets investments Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequenily measured at fair value at èach reporting dale based on the qLJOted market price in an active market. Changes in fair value are recognised in net incomel(expenditurel for the period. Transaction costs are expensed as incurred. 1.9 Financial instruments Fulmer Charitable Trust has elected to apply the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instruments issues" of FRS 102 to all of its financial instruments. Financial instruments are recognised in Fulmer Charitable Trust's balance sheet when the Trust becomes party to the contractual provisions of the instrument. Financial assets and liabilitie5 are offset. with the net amounts presented in the financial statements. only when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a nel basis or to realise the asset and settle the liability simultaneously. Fixed asset investments are slated at fair value with any gains or losses arising on remeasurement recognised in profit or loss. Basic financial assets. which include debtors and cash and bank balances, are initially measured at Iransaclion price including transactions costs and are subsequently carried al amortised cost using the effective interest method unless the arrangement constitutes a financing Iransaction. where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are nol amortised.
13 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 1.9 Financial instruments (continued) Basic financial assets Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequendy carried at amortised c05t using the effective interest rate method. Trade creditors are obligations to pay for goods or seD/ices that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is du8 Wlthin one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using ihe Derecognbtion of financial liabllfties Financial liabilities are derecognised when Fulmer Charitable Trust's contractual obligations expire or are discharged or cancelled. 1.10 Taxation The Fulmer Charitable Trust . as a registered charlty, obtains exemption from taxation under part 10, ITA 2007 and s.256 TCGA 1992.
14 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2023 2 DONATIONS MADE 2023 2022 ABF The Soldiers Charity Action For Children Aclionaid Uk African Children's Fund African Enterprise UK Ltd Age UK Wiltshire Alabare Chrislian Care Centres All Cannings Community Shop Society Alternatives To Violence Project Alzheimerfs Society AlzheImeS Support Ambitious About Autism Amos Trust Angels Intèmational Anglo Peruvian Children's Charity Anti Slavery International Arab World Ministries Avebury PCC Barnardo's Be Free Yc Benefice Of Lyneham & Woodhill Beachy Head Chaplaincy Team Bible Society Bibles For Children Blind Veterans UK Blood Cancer UK Book Aid Intemational Books Abroad Boxes Of Basics Brain R6search UK Brainwave Bravo Medics Breadline Bridge Builders Ministries Bridge Youth Project Trust Bristol International Student Centr British Diabetic Association British Disabled Angling Association British Heart Foundation British Red Cross British Refugee Council British Wireless For The Blind Broad Town Church Fabrlc 1.200 1,200 2.000 1,200 1,200 3.500 1.200 500 1,000 1.200 1.200 1.200 1,200 1.200 1,200 1,200 1,200 1,200 3,200 1.200 1.000 1.200 1.200 1.200 1.200 1.200 1,200 1.200 2.500 1,200 1.200 1,200 1.200 1,200 3,000 2,000 3,000 1.200 1,200 1.200 1,200 1.200 1.200 1.200 3.200 3,200 900 1.200 1,200 1,200 1,200 1,200 1.200 1.200 3.500 3,500 1,500 1,200 1,200 1.200 1,000 1,200 1.200 500 1,200 1.200 1,200 1,200 1.200 1,200 1.200 1.200 500 Carried forward 53,200 51,100
15 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Brought forward 53,200 51,100 Broad Hinton PCC Brooke Hospital For Animals Busoga Trust Calne & Blackland Pcc Calne Pockel Park Calstone PCC Carnpaign Against Living Miserably {CALM} Carnphill Village Trust Ltd Cancer Research UK Cardiac Risk In The Young Care Intemational Carers Support Centre Care¢s Support Wiltshire Carers Trust Carers UK Case Community Advice Cecily's Fund Changing Tunes Child Aulism UK Child Bereavement UK child.org Childhope UK Children Chang8 Colombia Children In Distress Children In Hunger Children In Need India Chosen People Ministries Christian Aid Christian Blind Mission Christian Solidarity Worldwide Church Army Church Homeless Trust Church Mission Society Church Pastoral Aid Society Clothing Solutions Collége Of St Barnabas Community Foundation Community Initiatives Sw Ltd Concem Worldwide County Air Ambulan Trust Crimestoppers Trusl Cross Links 1.000 1,200 1.200 2,000 3.000 750 10,000 1,200 1.200 10,000 1,200 1,200 1,200 1.200 1.200 1.200 500 1,200 1,200 400 1.200 1,200 1,200 1.200 1,200 1.200 1,200 1,200 1,200 1.200 1,200 3,200 1,200 1,200 1,200 1,200 1,200 1,200 500 1.200 1.200 1,200 1.200 1,200 900 1,200 1,200 1,200 1,200 500 1,200 1,200 1.200 1.200 1.200 1.200 1,200 1.200 1,200 6,200 1,200 1.200 1.200 1,200 1,200 1,200 500 1.200 1.200 1.200 1.200 1,200 Carried forward 107,550 105.800
16 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Brought forward 107,550 105.800 Cruse Bereavement Care Cry-sis Helpline Cued Speech Association UK Cystic Fibrosis Trust Daventry Contact DCI Foundation Deafblind UK DeaaY Deki.Org.UK Dernand Dhaka Ahsania Mission Disasters Emergency Committee Ditch The Label Doctors Of The World Dragonfly Schools Fund Dream Makers Dfessability Embrace The Middle East Encounter Christianty Ethel Trust Ethiopiaid Eurasia Education Foundation Evangelical Alliance Experiential Christian Ministries Explore {Students Explore Marriage) Extracare Charitable Trust Fact Farm Africa Farming Communty NeOrk Fishermen's Mission Footsteps International Freedom From Fistula Foundation Freedom From Torture Freedom Kit Bags Frenchay PCC Gingerbread Giving World Go Beyond Good News For Everyone Good Morning SeNice Growbaby Swindon 1,200 1.200 1,200 1,200 1,200 500 1,200 1,200 1.200 1,200 1.200 1,200 2.000 1,200 1,200 1.200 500 1,200 1,200 1.200 1,200 1.200 1,200 4.000 1,200 1,000 1.000 1,200 1.000 500 500 1,200 1,000 1.200 1,200 1,200 1,000 1,200 2.700 1,200 3,000 1,200 1,200 500 1,200 1.200 1,200 1,200 1.200 1,500 2.000 1,200 1,200 1,200 1,200 1,200 1,200 1.200 1.200 1.500 1.200 1.200 1.200 1,500 1.000 Carried forward 148.350 146,900
17 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Brought forward 148,350 146,900 Guide Dogs GWH NHS Foundation Trust Haemophilia Society Hands Around The World Handson London Happy Days Children5 Charty Harbour Project Health Povety Action Healthprom Hearing Dogs For Deaf People Helen Bamber Foundation Help2Read Hope & Homes For Children Hope Christian Trust Hope For Justice Hope For Tomorrow Horatio's Garden Hospice Care Kenya Hot Lines Meals Service Ice Wales Trust l.M.P.S. Independent Age Inhope Innovista International Institute For Bible Translation Inlercare Internat Mission To Jewish People International Medical Corps International Refugee Trust International Rescue Committee Iraqi Chrislians In Need Islington Centre For Refugees & Mig It Schools Africa Jessie May John Fawcett Foundation Joliba Trust Joss Searchlight Just Be A Child Karen Hill Tribes Trust Kidasha Legs4Africa Lepra Leprosy Mission Intemational Lincoln College Vacation Project 1.200 1,200 1,200 1.200 1.200 1,200 1,200 1.200 1.200 1,200 1,200 1.200 1,200 1.200 1,200 1,000 1,200 1.200 1.200 1,000 1,200 2.000 1,200 2,400 1,200 1,200 3,OQO 1.200 2,450 1,200 1,200 1,200 1,200 1,200 2,200 1,200 1,200 2,200 1.200 1,200 1.200 1.200 1.200 1,200 1,200 2,500 1,200 1,200 1.200 1,200 2,000 1.200 1,200 1,000 1.200 1,200 1,200 1,200 1,200 1,200 1,200 1.200 1.200 1,200 1,200 1,200 1,200 1,200 1,200 2,200 1.000 1,200 1,200 1.200 Carried forward 199.900 193.500
18 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Brought forward 199,9QO 193.500 Lrfelite5 Lifewords Listening Books Lotus Flower TTUSt Macmillan Cancer Support Makhad Trust Malaria No More Manna Society Map Action Mad-Aid Marie Curie Maternity Africa Co Ltd Mathetes Trust Medair UK Medical Aid For Paleslinians Medical Engineering Resource Unit Medicins Sans Frontieres Mencap Mercy Ships Microloan Foundation Middle East Media Mildmay Mines Advisory Group Missing People Ltd Mission Aviation Fellowship Mission Direct Mission Rabies Mission To Seafarers Mission Without Borders Mosaic Middle East Myaware Mytirn8 Music For Schools Foundation Nacoa Nasio Trust National Autistic Society National Churches Trust National Youth Orcheslra Of Gb Nightingales Childrens Project Roma NSPCC Nucleo Project Oakley Rural Day Centre On Call Africa 1.200 1,200 1,200 1,200 1,200 1.200 1.000 2,700 1,200 1,200 1.200 1.200 3,000 1.200 1.200 1,200 1.200 1,200 1,200 8,500 1.200 7,500 900 1,200 1,200 1,200 1,200 1.200 1,200 1,200 1,200 1.200 1,200 1,200 1,200 1,200 1,000 1.200 1,200 1,200 1.200 1,200 1.200 1,200 1.200 1,200 1,200 1,200 1,200 1.200 1,200 1.200 1.000 1.200 1,200 1.200 1.200 1.200 1,200 1,200 1.000 1,200 1.200 1,000 1.200 1,000 1.000 1,000 2.700 4,200 1,000 1,200 1,200 1.200 Carried forward 256.800 244.700
19 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Brought forrtard 256,800 244,700 Open Doors Open Blue Operation Mobilisalion Oscar Oxford Hospitals Charity Pain Concern Pdsa People Against Poverty Peter Bailey Pioneers Uk Place2Be Plan International UK Porch Day Centre Practical Tools Initiative Prison Fellowship Prisoners Abroad Project Harar Ethiopia Project Mala Project Mama Prospect Bumiah Prospact Hospice Ltd Pump Aid RABI (Royal Agricultural Benevolent Institution) Rainbow Trust Children's Charity Rainbows Hospice For Children Rainforest Foundation UK Reaching The Unreached React Read For Good Re-cycle Reprieve Reseed Reuse NeIOrk Ripple Effect Royal National Lifeboal Institution Royal Star & Garter Homes Royal Voluntary Service Rub-A-Dub Pre-school Safe Anaesthesia Worldwide Safe Hands Sailors Society Salis Cathedral Choral Foundation Salisbury Cathedral Salisbury Women's Refuge Salvation Army 1,200 1.000 1,200 1.000 2,500 1,200 1.200 500 500 1,200 1,200 2,000 200 1,200 1,200 1.200 1.200 1.200 1.200 1.200 1.200 1.200 1,200 1,200 1,200 1,200 1,000 500 1,200 1.200 1.200 1.200 1.200 1.200 1,200 1,200 1.200 1,200 1,200 1.200 1,000 1,200 1.200 1,200 1,200 1,200 1,200 1,000 1,000 1,200 1,200 1,200 1,200 500 1.200 1.200 1,200 1,200 1,200 1,200 1,200 1,000 1.200 1.200 1.200 1.200 1,200 1,200 1.000 1,200 1,200 1,200 1,200 1,200 Carried fOard 303.200 283.800
20 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Brought forward 303,200 283.800 Salve Intemational Samaritans Bath & District Samaritans Purse Sand Dams Sat-7 UK Trust Ltd Save The Children Second Sight Sense Separated Children Foundation Sequal Trust Sholter Shelter Box Shine Siblings Together Sight Savers Simien Mountains Mobile Medical Service Smile Train Sofa Project SOS Children's Villages South Wilts Mencap South Wesl Community Chaplaincy Spencer Contact St John Of Jerusalem Eye Hospital St Mungo's St Paul's Salisbury PCC Stamma stapleton PCC Starfish Greathearts Foundation Stars Appeal Street Child Stroke Association Sue Ryder Sunny Days Children's Fund Swindon Hardship Fund Swindon Women's Aid Swinfen Charitable Trust Tea Leaf Trusl Tearfund The Mango Tree Their Future Today Tools For Self Reliance Together Now 1,000 1,200 4.000 1.200 1,200 2.700 1.200 4.200 1,200 1.200 3,000 2.000 3,000 2.700 1,200 2,700 2,700 2,000 1.200 2,000 2.700 1,200 1,200 1,200 2,100 1,200 3.000 3,000 1,200 1,200 1.200 3.000 1.200 1,200 1,200 1,200 1.200 1,200 1,000 1,200 1.200 1.200 1,200 2.000 1,000 1.500 1,200 1.200 1.200 500 1.200 1.200 1,200 1,200 1,200 1,200 1,200 1.200 1,200 1.200 1.200 1,500 1.200 1.200 1,200 900 1,200 1.200 2,000 1,200 2,000 1.200 1,200 1.200 1,200 Carried forward 362.000 342.000
21 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS CONTINUED FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 2022 Brought fonvard 362,000 342,000 Torch Trust Toybox Transform Trade Transplant Links Trax Transform TraderaIdCraft Exchange Transforming Autism Project Tree Aid Trussell Trust UCCF UFM Worldwide Uk For Unhcr UNHCR Unicef University Of York USPG Village Water Virtual Doctors War Memorials Trusl Water Aid Water Harvest Welfare Association Whizz-Kidz Willow Willow Trust Wiltshire Air Ambulance Wiltshire Bobby Van Trust Wiltshire Treehouse Winston's Wish Wom8nkind Worldwide Women And Girls WoTld Bicycle Relief World Child Cancer World Jewish Relief World Medical Fund Wycliffe UK Ltd Y Care International Zambia Orphans Aid UK Zane Zoological Society Of London 1.200 1,200 1.200 1,200 1,200 2,700 1.200 1,200 1,200 1,200 1,200 1,200 2,400 1.200 1,200 1,200 1.200 3,000 1.200 1,200 1.200 1,200 1,200 1,200 500 1,200 1.200 1.200 1.200 1,200 1,200 500 1,200 1,200 3,000 1.200 500 1,200 1,200 1,200 1,200 1.200 1.2DO 1,000 1.200 1.200 1,200 1.200 2,000 3,200 1.200 1.200 1,200 1,000 1,200 1,000 1,200 1,200 1,200 1.200 1,200 1,200 5.000 403,900 385.900
22 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 3 Tangible Fixed Assels Freehold Land Freehold Buildings Total 2023 Tolal 2022 Opening cost Additions - freehold propety Closing cost. 31st December 2023. 150.000 157,469 307.469 307,469 150.000 157,469 307.469 307,469 Opening accumulated depreciation Depreciation charge in year 15,745 3.149 15,745 3.149 12.596 3,149 Accumulated depreciation, 31 st December 2023 18,894 18.894 15,745 Net book value. 31st December 2023 150,000 138,575 288,575 291,724 The cost of the freehold land. vthich is nol depreciated. is eskn'maled to comprise £150,000 of the total cost. 4 Inveslments held at fair value Increasel (Dlsposals) (Decrease) 31.12.2022 Additions in Value Original Cost Holding 31.12.2023 Henry Boot PIC 5.739.580 Ord 10p Shares 13.488,013 {1.549.687) 11,938,326 354.733 2.953 5.25 /. Cum Pref Shares 2.790 (561) 2,229 2,953 CAF Fixed Interesl B Income 95297.4370 Units 78.554 (78,554) CAF UK Equity B Income 35625.8480 Units 57,105 (57.105) Chilvester Financial Portfolio 147.659 7.534 155.193 147,659 13.626,462 {1,542,714) 12,095,748 505,345 All investments are listed on a recognised UK Stock Exchange.
23 FULMER CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 5 Unrestricted funds Included within the charity's unrestricted funds are revaluation resere5 of £11 .590,403 relating to Ihe investments set out in note 4 (2022: £13,137.853)- 6 Trustees None of the trustees, or any persons connected with them. received any remuneration during the year, and there were no reimbursed expenses. 7 Related Party Transactions Donations totalling £70.000 (2022: £20.000) were received from the trustees and parties connected to them. The Trust gave £1,200 (2022: £1,200) to Ihe Dragonfly Schools Foundation of which C Myium is the Chair of Trustees. The donation is in line with other grants awarded. 8 Non - adjusting event after the end of the reporting period Total Chari Investments On Ihe 30th June 2024. the value of the Charity's financial investments has reduced by 1.40/0 when compared to the value of the investments at the balance sheet date. The trustees take a long term view and are able to tolerate volatility of investments. as long as the Trust is able to meet its short term grant making commitments. The trustees have reviewed these commitments and are confident the Trust has sufficient liquidity within the portfolio to meet its liabilities.