Trustees’ Annual Report for the period
From 01/01/2023 Period start date To 31/12/2023 Period end date
Charity name: The Pye Association
Charity registration number: 1094116
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The Relief Of Financial Need Amongst Retired Former Employees, Their Spouses, Widows, Widowers And Dependants, Where The Retired Former Employee Has Worked In The Philips/ Pye Group Of Companies Or Other Companies In The Electronics Industry In East Anglia, In Particular But Not Exclusively By The Provision Of Financial Assistance, Goods And Services.2. The Provision Of Recreational Facilities For Retired Former Employees, Their Spouses,Widows, Widowers And Dependants, Where The Retired Forme R Employee Has Worked In The Philips/Pye Group Of Companies Or Other Companies In The Electronics Industry In East Anglia And Is In Need Of Such Facilities By Reason Of Economic Circumstances And The Recreational Facilities Are Provided In The Interests Of Social Welfare With The Object Of Improving The Condition Of Life For Such Persons |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Tea Parties and social outings |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Confirmed |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | N/A |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
| Contribution made by volunteers |
Para 1.38 | To assist in the running of the Association |
| Other | N/A |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Providing a social environment for members |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
N/A |
|---|---|---|
| Performance of fundraising | N/A |
| activities against objectives set |
Para 1.41 | |
|---|---|---|
| Investment performance against objectives |
Para 1.41 | N/A |
| Other | N/A |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | REVIEWED BY INDEPENDENT FINANCIAL EXAMINER |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | TO PROVIDE FUNDS TO SUPPORT ACTIVITIES |
| Amount of reserves held | Para 1.22 | £7000 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
The Pye Foundation |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/A |
| A description of the principal risks facing the charity |
Para 1.46 | N/A |
| Other | N/A |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
Charity name Other name the charity uses Registered charity number Charity’s principal address
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)
Position (eg Secretary, Chair, etc)
Date
THE PYE ASSOCIATION - 40th Year - Registered Charity No. 1094116 since 2002
Income and Expenditure Account as at 31st December 2023
| INCOME | ||||
|---|---|---|---|---|
| Interest from Tracker deposit account | 10.70 | |||
| Donations received from the Pye Foundation | 33750.00 | Total income | 33760.70 | |
| Ref | Monthly Outing Details - Description | |||
| 540 | Only Fools and Horses | (1,514.00) | ||
| 541 | Oklahoma | (2,292.45) | ||
| 542 | Windsor Castle | 101.65 | ||
| 543 | Warners’ Heythrop Park | (5,675.00) | ||
| 544 | Sheringham | (435.00) | ||
| 545 | Chatham Dockyard | (743.50) | ||
| 546 | Cambridge Riverboat | (406.00) | ||
| 547 | Bure Valley | (408.00) | ||
| 548 | Jazz matinee | (764.00) | ||
| 549 | Christmas shopping | (130.00) | ||
| 550 | Christmas Party | (3,916.97) | ||
| 551 | King & I Show | 762.00 | ||
| 552 | Pretty Woman | (1,638.00) | ||
| 554 | Warners Holiday 2024 | 1,660.00 |
| Outings to date | (16,183.27) | |||
|---|---|---|---|---|
| Advance payments | 784.00 | |||
| Local Activities | Total outings | (15,399.27) | ||
| SP | Special Party (Doreen Hiner Legacy) | -.- | ||
| Xr | Christmas Raffle | -.- | Total local activities | -.- |
| EXPENDITURE | ||||
| B | Bingo | (841.31) | ||
| C | Capital purchases | -.- | ||
| E | Expenses of Committee Members | (542.90) | ||
| F | Administrator Fees | (8,037.08) | ||
| H | Hire of facilities | (1,285.20) | ||
| I | Insurance | (1,348.85) | ||
| O | Office materials | (279.49) | ||
| Po | Postage | (372.05) | ||
| Pr | Printing and photocopying - Newsletter etc | (459.00) | ||
| R | Raffle | (334.79) | ||
| S | Payment to Speakers | -.- | ||
| T | Taxis for the Infirm | (1,895.94) | ||
| TP | Tea Party expenses | (1,697.23) | ||
| W | Welfare (flowers cards & phone) | -.- | Total expenditure | (17,093.84) |
| BALANCE SHEET | ||||
| Income and Expenditure Account | Current Assets | |||
| TPA value at 31st December 2023 | 13,650.61 | Barclays Current Account | 13,577.60 | |
| Income this Year | 33,760.70 | Barclays Deposit Account | 992.39 | |
| Result of Outings to date | (16,183.27) | Cash in hand | 348.21 | |
| Result of Local Activities | -.- | |||
| Expenditure this Year | (17,093.84) | |||
| TPA value today | 14,134.20 | |||
| Advance Payments received | 784.00 | |||
| Balance at 31st December 2023 | 14,918.20 | -.- | 14,918.20 |
Hon. Treasurer:
2/25/2024
Hon. Auditor:
2/26/2024
Report to the membets of The Pye As%>ciatson I have checked thefinancial statements of The Pye AssocÈation forthe year ended 31" December 2023 compii5ing the Income and Expenditure knunt and Balan SheeL In my OFHnion thefinancial statements give a true and fair view of the state of the AssocTation's aff3ir5 as at 31st Decwnber 2023 and of its Income and Expendrture forthe period then ended. Tony Kirk ACMI CGMA 39 Meadow Lane Newmarket CB8 8FZ 26 Febnjary 2024