Charfty Rfjglstration No. 1099110 THE TRUELOVES CHARITABLE TRUST TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025
THE TRUELOVES CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Truste88 Mr D Skidmore Mrsv Double Miss F Skidmore Miss G DTrne Mrs J L Valentine Mrs S Skn"dmorg Idece88ed 29 June 2024) Miss M Double (appointed 1 Juty 20251 Mlss R Double (appointed 1 Juty 20251 Charlty numb8r 1099115 Prlnclpal addrgss 23 middlet Road Shonfiekl Brenfvlood Essex CM15 8DL Ind•p8nd•nt examingr Alwyns LLP Crown House 1 $1 Hrgh Road Loughton Essax IG10 4LG
THE TRUELOVES CHARITABLE TRUST CONTENTS Page Trustees, report Statement of trustees, r05ponsililiknes Independent examiner$ report Statement of financial activities Balance sheet Notes to the accounts
THE TRUELOVES CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 MA Y 2025 The tru$te8s present their report and accounts the year ended 31 May 2025. The accounts have been prepared in accordan with tha accounting policies set out In nDte 1 to accounts and comply wth the Trust's Charitable Trust Deed. the Charities Act 2011 and tha Accounting and Repordng by Charities-. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wlth the Flnancial Reporting Siandard applicable in the UK and Republlc of Ireland IFRS 102) 18ffoclNe 1 January 2019). StNcture. govemanee and managemgnt The Trust was established by a charitable trust deed on 12 June 2003. The trustees who served durlng the year were.. Mr D Skidmore Mrs V Double Mrs S Skidmore Miss F Skidmora Miss G Drane Mrs J L Valentine (Deceased 29 June 20241 Potential new tfuslees are recruitsd in one of ways. Either the trustees approach someone who they think ar8 sympalhelic lo the aims of the Trust and may be intsrested and have lim8 to commit to the TrLrsl, or an interested, sympathetic and infornied person approaches one or more Iruslees wlh a view to joining the Trust. The trustees would then formally discuss the applicant's rnerits and skill sel$. Followng a formal scrgening process and checks as necessary, if the Settlor and majority of Iruslees consider that the applITrt would enhgnce the Tfust's work. he or she is form8lly elected by a majority of all trustees. Mr David Skidmore is the Settjor and Chalmian of Trustees, and d8818 wlth administralive matters on an unpaid voluntsry basis. A Chief Administration Officer volunteers to assist %lh administmtive matter8. All trustees are v(Auntary and unpaid and 8re respon&ble lo ensure that the objects of the Trust are observad and the duties of the charty are Caled OLrt in accordance with the applicable law. The ttustoes have assessed the major risks to whlch the Trust is exp08ed. and are satisfied that systems are in place to mitigate exposure to the major risks. Sylvia Skidmore served until 29 June 2024 when Sadly she passed away. Tha trustees wish to record their thanks to her for her contrtbulion to the funning of thls charity. Gift ald of £1,547.00 was paid in this y8ar in respect of donations made In reS¢t of the fvneral of Sylvia Skldmore. here a donation is fnade with a vAsh Inol legally binding) that the charity should con8lder the circumstance and needs of a person or object rt 1$ the Iruslees de¢i$ion to reserve and ring fence all or part of such éonalions for as lorvJ a8 the person or objethe qualifies for consideration by the trustees in their ultimate dSscreb'¢)n. The Trust will continue to support the Trueloves Supported Living Group for holidays and in the njnning of the on- sile club house. The support for the hOlaYS and the hall is the intention of the trustees but are not commitment8. The financlal support for these activrtie8 is taken into considèration when any other demand is considered.
THE TRUELOVES CHARITABLE TRUST TRUSTEES. REPORT {CONTINUED> FOR THE YEAR ENDED 31 MA Y 2025 Objectlves and actlvltles The Trust's objects are lo provmye funds for Ihe care and support of persons with mentsl or physical disabillues. This is achieved by donations to trusts wth simllar objectives. to the Gr0oms-Shafteslry charity and their Truèlov8s Supported Uving Committee in respect of care. holidays. oubngs and transptsrt and in the runnlng of a dubhouse for disabled persons in the area. The Tnjst also diroctly supports disabled peOe who have moved out into the community with StaUp Costs. travel and disabled persons appliarKes. This Support is given lo people on income 8UPPOrt or who have no 0th8r outside financial mean8 of support. Public bgnofft en planning our 8Gtivitie8 for the year, the trustees have paid due regard to the Commission's guidance on public benefit. The Trust provid95 a public benefit in aCCordare wllh fts 04'ectives as follows.. (a) Support of qualified charities - in thi5 year il ha$ $upw)rted th¢ URC Rcnford in th8 wovlsion of wheelchalrs for disabled members of their congregation. Ib} Support for charitsble organisations the Trust provides major support for Trueloves Supportod Living, eharitable oryanisalion, in as50cialion wth Groom-shaftesbury la registered charity) and provides financ181 assistsnce for disabled people, for relief of poverty for those on income support benefiL It asslsts in Organin9 and finanong holiday8, welfare 8nd social support. transport and counselling. Ic) Support for local authonty providing r8sid8nlial care- Suth Support 15 pfovKled as in (dl telow. Idl Supwrt of mentally and physically disabled people_ The support $81 out in Ib) abgve is prow(d via the Supported Living Group and direcuy to Individual disabled people in flnancial need who are givgn support with aquipmen[ housing, transport and counselling. This year the Trust has provided a mobile phone and a¢¢ounl, four wheelchairs, period8 of respite care and hall hiring for sooal events. 11 has also funded NOPG la registered eharilyl for drama, music and eXeSe classes. The Trust was njn by six trusteos %•tho conslder the many application5 for help, and declde which can and cannot be supported. The main support is for locally handicapped people and donations to the Supported Living Committee in respect of its work within Twelove8 and for disabled people now livirvj in the Iccal community. However, since the death of Sylvia SkKlmore, two new trustees have been appointed. making the tota trustees 7 people for the coming year 202&2026. These are tsvo sisters Millie Doub and Rosie Double who we appointed on 29 June 2025 by unanimous resolution of the remaining trustees attending the meth.ng of Ihgt date. Théy wer8 appolnled to be cc*opled as trustees wth effect from 1 July 2025. Achievements and perfom)ance The income this year came from variou$ paymgnts made by donations (r)Ilected al Sylvla Skidmore's fijneral, donatlon from Gillian Walker of £6,000 and alggacy from the will of Annlg Saunder8 being the net amunt of her estate after sale of her residence. Th8 rnain &Jnalion$ were to the Trufrloves Supported Living Committee in 5UPPDrt of the Gro¢Jms-Shaftesbury registered tharity, who arrange holidays for the disabled, run outing$ and maintsin and organise dubhouse activities. Addits'onally, the disabled persons We tsken out on Chr18tmas ond holiday dlnners. Flnanclal revlow The income this year mainly arose from donations as Set out aVe. Gift aid for th18 year amounted to £1,547. The net funds wailable at tha gnd of the year was circa £244.000 {induding cash of £223.8071. The Trust ha$ sufficient funds lo finance Its fiJlure activrties.
THE TRUELOVES CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 MA Y2025 It is the policy of the Trust that unrestn.cted lunds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expendlture. The trustees consider that resetvos at thi5 level will gnsure that, in the event of a significant drop in fundlng, they will be ae lo conllnue the Tru5t'$ current actiwtl8s whil& ¢on$id8ralion is given lo ways in which addillonal funds may be rai8ed. This level of reserves had been malntained throughout this year. Plan$ for the fufy The Trust wll continue rts main adivity to SUPFQrt the work of th8 Trueloves Suprxirted Living Ccrfnmlttee in its present activrties and In the revenue up keep of their new facillty. Th1$ faality does not create a fijlure liabilrty on the charfty althoLW4h there is an intention by the trustees to incre8se the activtties and wden the service provided. There have been no additional parents who have willed their residuary estates to the Trust. No aco)unt of this inrne is taken into account in flnancial plannir@ and commilments until such income is reoiv8d. We are confklenl In the viability of tre Trust and in the help it Is 8Lla lo give to the disabled and disadvantsged in our community. On b8half ol the board of trustee8 Mr D Skldmore Trustee Dated..
THE TRUELOVES CHARITABLE TRUST STATEMENT OF TRUSTEES. RESPONSIBILITIES Th8 trustees are responsible for preparfng the Twstees. Report and the ants in acctrdance with appllcabl8 law and reguI8tlc. The law applicable to charitie¥ in EryJland and Wales r8qulres the trustees to prepare accounts for eath financ181 year which give a true and fair view of the stale of affairs of the Trust and of the incoming re30urces and ap1¢8tsOn of r8sources of the Trust for that year. In preparing trSe acrounts. the trustees are Tequired to.. - select suitsble a)Untrng pollcies and trlen appty them ConsistY,. - observ¢ the mgthod5 and princSpies in thè Charities SORP,. - make judgements and estimates that are reasonable aThJ prudenL state %thether appliGable UK accounllng standards have been foll¢)wed, subject lo any material departures disdosed arKI explained in the accounts,. and prepare the accounts on the going concem basis unlass it is inappropn'ate to piesume that the charity VAII continue in operation. The tW8te8s are responsib for keeping sufficient aceounling records that disdo$e reasonabJ@ accuracy al any tima thg financial position ol the Trust and enable them lo ensure that the aeeounts comply with the Charities Act 2011, the Charity (Acc(ntS and Reports) Regulations 2008 and the provlsions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hee lor taking reasonable 81ep8 fcf the prevention and detection of fraud and other irregularities.
THE TRUELOVES CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE TRUELOVES CHARITABLE TRUST I report to the Iruslees on my examination of the financlal slalemenls of The Trueloves Charitable Trust cw charity I for the year ended 31 May 2025 %thich comprise the Ststement of Financial Activities, the Balance Sheet and the related nol8S. This report is made solely to the charity's trustees, as a body, in accordance wlh s8ction 145 of the Charitiesknt 2011. My work ha8 been urKlertaken $0 that I muhl state to the charfty's trustees those matters l am reqUId to State lo them in this rewrt and for no other putpose. To the lIest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charty arKI the chadly's IrLtstees a8 a l)thly. lor my work. for th18 report, or for the opinions I have formed. Re8pon8lbllltlès and ba8ls of roport As the trustees of the charity you are respcfisible for the preparation of the financial statements in aCCoance with the requirements of the Charities Act 2011 r'the Arf,). I report in respect of my examination of the finanual statements carried out under $e¢tion 145 of the Act and in carying OLrt my examination I have lollowed all the applicable Directions glven by the Charty Commission under section 14515llb} of the Act. An independent examination d08s not involve gathering all thg ewdence that would be required in an audit and consequently does not cover all the m8tters that an auditor considers in giving their opinion on the finanoal statemen18. The plannlng and conduct of an audit goes beyond the limited assurance that an Incfependenl axaminatlon can provide. Consequentty l express no opinion as lo whether the financial stslemenls present a "Irufr and fairf, vi&w and my report is limited lo those Sp¢ matters sel out in the Indgpendent examinerfs statements. Ind•pendgnt oxamlnef8 8tatemènt I have completed my examination. I confirm that no material matters have come to my attention in connection with the èxamination giving me uSe to believe that in any material respect.. lal ac£ounting records were not kept in respect of the charity as required by Section 130 of theAct', or Ibl the financial slalements do not accord vllh those records., or (cl the financial sta18menls do not comply with the apICable requirements conceming Ihe form and ccffitent of the accounts set out in the Charities (Accounts and RepL)rts1 Regulation 2008 other than any requirement that the aecounts give a'lrue and fail. view which is not a matter considered as part of an indeperxlent examination. I have no concems and have come across no matters In cx)nnection th8 8xaminatlon to which attenlton ould be drawn in thi$ report in order lo enable a proper understanding of the financial statements to bè reached. MsJARi Alwyns LLP Crown House 151 High Road Loughton Essex IG10 4LG Dated.. 13JxL
THE TRUELOVES CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MA Y2025 2025 2024 Note9 Income and ondowm•nts from: Donation8 and legaaes Investment 4S,179 4,114 16,206 4,274 Tolal 49.293 20,480 Charitable actlvltles Holidays, outings & events fcf disabled persons improvements, rent & maintenance for handicapped person 38,441 5.522 33,584 2.950 Totsl charltablo gxp•ndllur• 43,963 36.534 other 3.355 3.254 Total 47,318 39.788 Net movom•nt in funds 1,975 {19,308} Total fund8 brought forward 242.087 281,395 Total fvnds carrfed for*4ard 244,062 242.087
THE TRUELOVES CHARITABLE TRUST BALANCE SHEET ASAT31 MAY2025 2025 2024 Notes Current assets Debtors Cash al bank and in hand 23,646 223.807 19,650 225,632 247,352 245.282 CrodltOf8'. amounts hlllng dug wlthln one year 13,2901 {3,1951 Totsl asgets less currènt liabilities 244.062 242,087 Income funds Unrestricted funds 244,062 242,087 244.062 242,087 233. The accounts werè approved and aLrtI¥)ri8ed for issue by th& Trustses on......................... Mr D SkKlmore Trustee
THE TRUELOVES CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY2025 Accounting polici8B 1.1 Basls of preparalk>n The financial Statements have been prepared under the historical cost convention and are prasanlod in sterflng and rounded to the neare51 £1. The account$ have been prepared on the basis that the Trust is a going concern. Thg Trustees are ojnfident that this is the se and have based this judgement having set aside )lJnds sufficient lo meet all projected costs for 12 months from the time of approving Ihese accounts. Th8 xcounts have been prepaffjd in a¢cdan¢0 with A¢¢ounting and Reporting by Charities.. Statement of Recommen(kd Prodi applicable to eharilies pparIng their accounts in accordance wth the Financkgl reporting Standards applieable in the UK and Republic of I18nd IFRS 1021 {effective 1 January 2019) and the ChariliesAd 2011. The financial statement$ havg ba8n prepar8d to give a 'true and fair. vigw and havg departed from the Charth'es (Accounts and Reports) Regulallons 2008 only to thè extent required lo provide a Irue and fair view. This departure has involved followng Accounting and Reporttng by Charities preparing their accounts in accordance wth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 (Second Edth"onl rather than the Accounting and Reporting by Charities.. statem of ReKimmended Practice &ff8ctive from 1 April 2005 whreh h88 ftee been withdrawn. The Trust congtrtules 8 publlc benefit enty as defined by FRS 102. The Trust has taken advantage of the disclosur9 oxgmption in respgct of the requirements of Secbon 7 "Statement of Cash Flows" in preparing these acujunts as wrmitted by FRS 102 and the Charities SORP IFRS 1021 Update Bulletin 1. 1.2 Income All income including legacies are iecognised when th8 Trust is legally entiiled lo the income and the amount can be quantified with reasonable certainty. 1.3 Expendlturn All fesources exFeThJed lincluding Irrecoverab VAT) can be separately identified betsveen dasses of expenditure. There is no need for apportionment. 1.4 Accumulalod funds The Trust has Rèstri¢ted or Endoymient Funds. All funds are credited lo the Genero1 Fund held for the future running of the Tryt. Donations and legacies 2025 2024 Donation8 and gifts linduding gift aid> 45.179 16.206
THE TRUELOVES CHARITABLE TRUST NOTES TO THEACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2025 Investrnent 2026 2024 Interest receivable 4,114 4,274 Other costs Other Costs Include IndeperKlent Examinerfs and accountancy fees of £3.28912024: £3.194). Trusleos None of the tnjslees lor any persons cnnn8CtgJ with theml r1ved any remuneraoon during the year, nor had any expenses reImbud. Debtors 2025 2024 Prepayments and accrued income 23,546 19.650 Credilora: amounts falling due wtthln one yoar 2025 2024 Ac£ruals 3,290 3,195