## **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**
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
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## – 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