REGISTERED COMPANY NiIMBER: 03487S77 IEn9l•nd and IPlalsl REGISTERED CHARITY NUMBER: 1105370 Fin S for the Year Endèj 31 Dernber 2020 EtMIARD'S TRUST LTD WIIIININII , •AID4HAty 1fJ¢)9r22l COMPANIES H¢JJSE A13 Haines Watts &rmir#Jham LLP 54 Grfield Gr¢x¢ Edgbastc Binn1Jh*n B153BE
ARO TLT lor the 31 Reler arJ 0mir#slrnlive t)wads Chalr's Aeport 2105 Repon of Ihe Trustees 6t09 Report of Ihe lThIe[denl AlItOrS 101012 Sktwnenl ol Finan0¥ A¢tiwtyes 13 Stsiameni rf FinanoJ Posb"on 14 Statanem ol Cash FIOM 15 Noies lo FinarKial &atements 16to24
EtMIARO'S TRUST LTD nd Pthiritstrabve tletails Year E trPABlett CEPMthn sCY 01 tr T RIs-Brist (res3 31101r20201 t N G ThNLyoTrI IresKJneLI 311Q1tt0201 s J AWe5ton Smhh Ire5yned 31101tt0701 ts C 0¢>Jn Chknf Ex•cullve Olk•r YthnÈG3a 3Vtar•Je Ro1 EthJb88 8in¥¥Jham B153ES 03487577 IEn9lw#J and W¥Aesl Il•gl%tw•d ¢h•rlty D¥mb•r 1105370 HanesWlS Bmtyham LLP 5- 6 Greertsla Cre5C8nl Ed9basi Bmingham 815 3BE Bahk•rs Uoyds Bank PLC Y38 New street BumiThJham B2 4LP Pa98 1
EDWA nde(J 31 Intr¢duclion EQard'S Tmst is a bereavement drity swrting thildren. young people and Pants following the death of a parent, chilj, bI1J, carer or grandparent in the West MKllands. The Trust's professionaly qualffied cnunsellors, play therapist and well-being therapists have been part of a seNice whi¢h has best prdctice 81 the core of its delivery. Our values of respect. hope. excellence. JPPort and holith Te atthe CO of vkno 3re 8nd vknatwe strive for. They make us unique and demonstrate values that are close to our hearts. 15 ts a worfd thatdemonstrales a fargrealerunderstanding of beaVernent and the impact on fwrmh'es •YJ V&te thert ore Compas#th MMUnitieS are supporbve and inclusive of bereaved farnilk?s. 2020 was a year of differe for so m¥y of us: got off to a ceb8txaling the athe¥ements of 2019 7Mlh 8 thank you evening hosled by one of ¢)ur r[Wat wprKMtsrs. BindirwJ Silè. It wa$ a celebratory occasM)n as we reflected on the amazirKJ 5upwI that we h1 rc•ved forour 301h year and we wern so thanklul Ihat our supporters wè with us in force. Wrth th8 annourwnent of thkdovm. SICeS h&J to be reconfyured as Ihe tnjst prepared to work in W8y sthich was nèw to the team and for the trust was unprepared. It was really important that Edward's Trust conthnued to provK1e ils trI wvi¢es at a timè bthere demand increased and vthere families were e4)eriencing new velS of trauma and isolation as they struggled to deal vith the irwct of covid. There We many challerrfJes to deal with and. for a that is abcyjt face lo face WO and lalking, hcw could change and adapt continue to provide th& much needèd gjpport forfamilies in a dIffeIaY. 2020 Was a yearof amir and vthilst covid broLoht many challerwJes we leamt so much that will be emtedded into the servKe wng foThYdrds. Unfortunatety, there were som8 activities that could not take place due to covhl sh as surwrt group5 ?d days. We hope that these will be r&introdUd vhen it is safe to ¢Jo so. H¢w ¢ur activities d•liv•r public b•n•fft Elard'S Tru51 swjports children. youn9 &lutts and 8dutts a experie119 tr8umali¢ bereavement. By offen.ng 8 holisti¢ befeavem$nt seNi¢e seek to rebuild lives by addrer0 al a$c ofgrief, including emolional. physical and phy7iologi¢al. Wé have a team of prof•ssionaty qualthed counselbrs. a aY therdpist and well-being therapists %%tho are 11 BACPIBAPT lstered. or lStered by the wropn.ale profes&onal tthy. We have refeffed to the Charity Commts$ion's guidance on benefil and trustees continue lo review how developments contribute to the aims and objectives of the charity. W8 gJpport•J over 254 athjmswth our counselling and v&beIrvJ SeThi in 2020. The death ofa child brirWth il grief that is very traumatic and comex. Bereaved parenls experience ¢bilitslirwJ grief impacling on every 85pecl of their d8ily lives. Emotional and mentsl ¥IlL1r is ¢onwromised and thortrtsg. wr IK)ltslK btrrtravement $w)port is ¢ssenlial to help parents 5twg91iNJ lo ttst given thè trauma of loss they arè ey4)eriencing. Research has shcr•m that for a bereaved parent it can tske at 188st 8 ye8f5 to begin to C wlh the dealh of a chik1. We afso kncw that unresolved grief can have negative impad on mentsl health arvj. fmm experience. TrAe kTh)w that for many of our families th&y are in dark plac6s little hope or OK"m1SM the futu. Ckn rc4e ks to SUP[ them in leild9 their lives and having hope for the fvlure. Wa supported over 429 children and young peo in 2020 Tth our cc4mselliTrJ and play therapy sw)port. For many children and young people, bereavement is a trdurnatic devaststing life thar6wng event vthi¢h carries potentially negative consequences if Ihey are unsupported into the lor¥J term. SupFQTts'r¥J ¢hddw and young people with the dgath of a parent. grandparent or sibliThJ require5 our tsrapists to re8th and eThJtye wiu) peo 8re often in the depths oftrauma, aroer, confijsion and grief. We know frorn the families that keep in I0h 7ATrth us pasl Ihè end of using our that have a lry-tem po&tive effect on chldren's INes. Bereavement al an early age Gan have a devastskng imp w ¢hildren. lastiro long into their adulthood. Chikyren VAse parent$ have died ha¥t b#Èn slKy•m to have lor selfsteem. and expèrienee rrL•re sadness. guitt and anger than chIldn 4bthose par8nts arè alNe. s{J18s have also shown they are more likèly to deveksp mental health problems and have weakgf altainment and greater risk of failure at school. Behavioural probl&ffs. being suicidal and being vident are mofy likèty in bèreaved ad(Aescents {RosertsaUm-Feldbrge. 20191. PM1(e grief li.e. when the grief is a5 8trorwJ 2 years later as vth8n thè berea¥eMtffirs[ happ*} has been th)wn lo cr8atè a higher predisposition towards deprgssion {Melhem. 20111 so our inteNenkn"on at an earty stagè is crucial. Wn support 1$ provided at thrs critical lime in young people's Ie$. posthe lrfe outcomes can be hleYed. Th• focus of our wo E¢th¥8rd's Trusl is Lmique, providing a holi$li¢ family bea¥ement Ser wpporling ¢hiKlren. n9 peop, parents and the %%thole family a¢ross the West Midlands. Our servi¢e. c¢ that is laik>red to the indtvioual neets of Ihe person orfamity. extends to a full pKogr8mme of l)ew¥ement supwL 7hthi¢h is ctytslanty developirwj.
ENARD's RUST LTD Chairfs R 31 Oet•nbtr The locus ol ourwork I71nOd) We provi¢e one-twte coun5ellin9. SUPFQrt 9roup5 for both aThJ adths. 5cKial acvib"e5 to support indusion, ddiver speoalist day bereavernent relreats. %slte"ro tWaFes. indudiThJ ttraFwtsc massage and Mdlre5S prad'ce5 and wmplen1ary thwaps. We 450 prots sc¢i activib'e5 afKI ow annu4 Rnbrance ff( bolh UrtS and childr). A5 we refieci on 2020 and the untxpett8d chalknges It F4acèd w)on us the to recOnfra tyji seNce 50 that we could continue to offer 5UPPCrt refiect on the 5trWlh. ¢J8diL"on and crynrnitrntnl of our téam rose to tha chalknge and respond wilh aCIty and detennin'on. o)ntinuè to Flay a role in suppJrtiThJ tranaliSed and grievin9 famils whose lives tta1 been shattw&J. We remain of wr ethos that we are wth our fJnilies for as long Ihey need us as we reccsnise that evwybody's 9rief jowrey is unv4ue. We ho that we wll alway5 true to our values whith make us the urwue charty that Edward's Trust is arKI alay5 ill te We are pnwTW to be ab to SUFfJOrt our families. Bereaved familie5 are aready under strain. but duing 2020 there ere htyje a&Jth"onal FYsures. SoLial thstanun9 re5triLlions meanl that Iwnils' grief jMey$ we drffiojlt usual tryntrbng rilua15 arcnd thè dèath of a loved one were very Iimrt8J- hugging friends a1 farn1. seeing Ihr relab.vè in hospia. restridions on the Mmter rA pecple who can attend a funeral. no wes at101. aTrJ redu¢&J Soa interaction to talk aboth thgr 9rf. Ourfarnilies told us that they n1j rnore regular sessions durir#J locdLNvn. Ofthose surW. 70% had more frequent calls than tefo¥e. Therapsts tdd thwn Ihat thty call t•then they nwJ8J suryort. just at their design8bJ time, prowthn9 reasSUrae to families. We Offe a tyendeJ SWVKe in 2020 ddNerirvJ Ihe first four se5si¢xs face to fa with strict sorAal IlistanaThJ and Heath and Safety gddi[. ThisvAS important to Irust the CYP anor pa¥•nt and counsdl¢x. The SessiL¥ Ihen to tejtplj suwrt unbl last S8ssion, wh.ch was delivered lace to f8C8. Endings are e5[lalIY impjrtant th bereaved CYP as th•"r"ending" thar lod trt wl havè traumatic and. ¥ery often. sIden 8esThJ at4¢ to la to a ul1&Y h8lp CYP make sense of their thoughts aThJ undwstawwj th irnpart of their grief. We aso prow¢Ye a prjenent seNce lo lkne fwnlie5 who anbcipatiTrJ deh of a parent or child. A¢hk•vem•nts #nd rfamIanCe In 2020 we have deliver•d. 683 ¢hil¢Jren and adutts were suppcrted 2,763 counsdlin9 and Wdlb"ng in Bereawneni sessths to adts and clyldren t•lophon8 aN)Lyntsnents.: 364 support line appClthts delivergj Our Virtual Rnbrance Tirne5 Su[¢ed o¥w famihES Our fundrai$iNJ a¢ti¥bb"ès had to be reConfUlj to ¢Jeal wth the in 2m aThY w4ents pro9rarrffie DJrtai8d. 2020 encouraged us to move in the of wrtual ets slth as a ballcx)n race and quiz nigms and we were very fortun to have supwtws who COrn&1 to frJThJrase for us rrtj innwats.vè fundraisin9 rdeas. We were rxsncemed wth thè lath of ccYporat artNrty and the dfop in incore as ccwale erKJagwnent was understanoabty challenging. Howevèr. delivered Mrtual lunch aThJ rn se55ions ith cowaies and our 31 in 31 event had rts SOnd year and wa5 inuedibly Suc$5[u1. doubling the inccffie frun year 1. A k6y strength l(¥ tht twust is our diNrs• ftFnding bas• and we were also very fortunate lo benefit frL¥n legaoes in 2020. Ourlundraising and tngagenent manager Conts"n( to exleftij our fvm¢fvJ pThtfclio aTrl s)rolt management systems for ¢ffÉciive rnonitoring of grants The Trust endeJ a $pIuS of £223.417. We We deligM8J to be suecessful th luThYirg from Henry Smith in 2020 and meant that we our am of creabng greater financol stability by attaintng loThJer tenn fvnded grarts We corrtIr to managè our finan in a 5uslan& way and ddtver effecbvely on our frJr*JralThj stratesy Acng financial sta'l1ty with unprlaLl& inwne Strm5 in a parbJ#mic wa5 8 ne challerKJe and we a thankful that desFite the many thaIlge5 present to us we ponded Ixeatively aThJ achieved our incone gwation Iwgets. Pap3
EARs TRUST LTD Chairs Re 220 Achl¢vgrn¢nts ond perfonnance lcontd> We are gratefvl to our dOS and suworter5. We esw¢i8ly Iditr to hKJNwjhtI ¢mmlment r. BNI Mercury Bupa usin05s Bbwkfasi Ltd Clive Poole COOP Buil¢Jing ccnneth.ons Edgbaston high sthocl Girfs aig Humphries F1 Interserve Jaguar Rover Soh'hl lQ'ng Edward V1 schoc4 GNts LcyJiseWright Mith Comèry Mitchdl arn$ Moore Steph5 Nant Lid pnICk Collns Chartwgj surveyors P(thay knfe5fy Cen Pa9e Rotary Club of Edgba$t Sarah Bradshaw Sa11$ Sperw S The BiTrJiry &tè ripF• Family Trynlin Family Trry4bpf5 arxj H•nlin Unty Trust Bk We a all ma"rj a dLfferenee Charity House School Zurith We extend our thanks for the ¢9CIng SUFfKJrt of our Pa Dye MBE. We also want to ey4Jress our graffiude and appreciation for the dedication and CLrnmtht all w patrorn8 and ambassadors have giv lo Ihe Trust in 2020. We wo(1 aL%o like to thank the Grant Making TFu5ts. Organon$. SCW Farth Growjs and Private In(I'wdu81s who support us. ensuriThJ are ae to conbnue to SLWQrt Iwnilie5 in rebudding their INes frAlwn9 Ihe trauma of bereavernent. The supwt of regular gws is much apkwknj. YLV C(mbnu&1 ccrnmthent enatles Tnjst to have certa.nty th this incc¥n• stream impthtsnt lor thè finarKial viability ol Tnjsc We have also benefitsj frryn Se furKliThJ Ircrn CCG towards our dElivwy OfbBrearnenl support Th• futur• The eyperience of 2020 has teen a year Ofer. of rw chaws, of ways ofhrjrkirrtj. ad8pb"ng, a¢t1'n9 and roflecb.ng as the worky was in tum)oil. Ow lamilies nee3ed us mtye than ever as they stru99led with the painful ¢on58quences of eowd. Dealing ilh treawent is chalkngirg but the gnewThJ wctess was h&ghten&J as the resln.clio were on so many people often denk8d the charKe to say 9x¥Jbye to their loved ones. There has been a lot to leam 2020. We krw th sUFPYt rkS fry 50 rnY Fwple and can make bereavement suppcrt aCclINe for many rnles once a rdation5hip is e5tat4ished wilh the therapBI Blend support will becorng part ofow core rn0g forwards. We will always ta"IL¥ supw1to moet a tson'S indiwdual needs as wt recognise that eaeh grie¥irrfJ journey is an inth.dual one. We warf( to innovate and develw new services which pond to rw aTrJ wnerging need5. Tr dmale of reduced Serv oJnb"nue5 to Fall aTrJ we recognise the uniqueness of our supwrt to families. We are ire¥S14 in the way in wlmch we offer SUPFOrt. We continue to t the only thwity of its kind in the West Mdar¥ls olfering a hcthsty"c tWea¥ent Service ar a thankful to the benefactofs who help us to ccffjtinue to offer spwalist supwjrt to those in mosl ne8Y We will 7Jways contr'nue to provKle thi5 level ol seNce as rt is what is rnwjed and wll always true to our vues. In 2021 we need to continue to offer t4ended support. we wll revEw our wellba"rvJ prts3ramme withthe of makir¥J rt more acCesbIe to young people ag 16 and upwar(Is. we¥11 irweaseoutrea¢h 54VF¥yI sdwts and hLye IhalEcan reswne our wellbwng Saturdays and $KlISt kr support groups. Finalty. we would a¢so likt lo thank ¢yJr rae9 for ts"r 79th and hope as they the most parnfvl and trawnat lime 0fth lives. 11 is a wivlege to be able to supwrt to haN hw kn thè luturn a5 ty Ixe dealiThJ with th? loss of a loved one. In the words of Petw Dent the knJn(ler of Edward'5 Tr11.... The sipportt clferatEth•arrfs Trustts unc(¥81 Jtssl as there slrmgs attached to Edw*d's Ktte sts wg no io ow ¢fftrto lJweavedfthLes who ciTh lo us. The kite represents who we at Edwwd's Tru5L We are tse for as loro as we are nej by our lanilies who can'lty away whtn tlièy arè i•ady to lÈt go. P•ge 4
EDWARD'S TRUST Chairs R The futu l¢onbnuodl It has been inspirirrfJ to see how fabulous staff ha¥e athpbJ ts approxls to cnntinue to supwt our famili•s through tha pand•nic. Thfoughout this time. all the tw)s at Eth¥ard's Trust- counsdling. welkb&ro, bjndraising. admin. leadership- have continu with tlw"r essential ccthing up %th innaVe aThY imaginative way$ io $0. Support Icf those who have been berea¥gd has never been rntrt negjed. as peDe'S 1055 1$ gynpouTrJgJ by the restnLtions placed on society. Ourcorthnued ability to Th)t onlypromde this SUFWOrt aL50togrowthe charity is srmething about vthich Irustees remain proud. W¢ wovkl like io thank au mnbèrs of thè Edwd's Tfusl staff. vdunteers. patrons and ambassadors for their work aTrJ thusiaSm. Flona Gold$traw Chair of Trustees pe5
LTD
foi Ihè
ar end 31 Cw)ter 220
The trwstees who are also diredors of the charty lor the purtx)ses of the Crmpanies Act 2LXkS, prewt tlT rèport bmth
the finanoal StatentS of the chwty forthe yèar 31 Lber 2020. trLtstees have adcpted the prOOrts of
Accounting and Reportsng by Charityes statnent of Rccrnmènded Prac"c ap1¢ab to charibes prepanng their
accounts in accOr¢jan wth the Finanoal Reporttrg Stsndwd aFplicable in the UK and Republi¢ tsf Ireland IFRS 1021
ItCtIve 1 January 20191.
obj11¥•$ and a¢tlvities
The ains of EvaS Trust a..
To provid• support lo parents berea¥&J. or to be twe8¥. 0fthw'rx or d8hleT. whatev•r agè ofth&"r
child OT Cause of death.
To provide 5UPPOrt to YOne by thè cla child W thghteen years uThJer.
To provide sUPWt lo children ar¥J youTrJ upto age of 24 w) are bereavgj. LV are about to be
bereaved, ol a pwent, significant carer. $'r9 or fn'eTrJ
To provide a'well BeiThJ Bereavemrf w¥7 0ynr4tynw)ry ther4)ies and rwitè bereavement
eare for bereaved Pants )d carws.
To provide training corsuhation tr protssionals wn1"r0 wih tweawj faMilS or farn11 who are about to
be tereaved.
The policy of Edward's Trust is to cKJntinue to seek lundirwJ to Sup è)istiNJ ccmMents and to ¢velop rts
s•Mcès. The Trusys focL6 has been on mantainiThJ the fundirvj lor its beavernnt s¢$ and to tonth.nue to d•vdop
Ihis woth in response to evw Incxeasiro dwnano Its's supporL Tr training prgV15ion offwgd to prol8S5iona15 has
cont'nued dunng the year arwj ON a9an has in a ¥anety ol sdb'rgs indudir9 3choc4s aTrJ human
resovrces dwartm¢nts.
The IoNJ8f tem) goa conlinues to belo increase the of ndirA E(trward's Trust in tho1 $$1 ¢an féspond
to and meèt the levd of need thldren wu1r9 be¥ent suppryl for )unsellI to adults affected by thè death of
a child. fcf suppm to lamlies a child panI h&s a teThinal illness. and for trwning wgfe5sionals whgs? wuk
require5 thn tts support a bereaved pawt (w child. IncxeaJ lesels of tt111 also mean that the Hc4istic bereavernent
Ca Offer by Edwdrds Trust- irtlLbth"ng CL¥nplUn13ry IapleS aftd prte bewvemenl care retreats- will continue
to grow in sIgThffiCan and vil bthfft mcKt beI¢d pamts.
Fundraising Standards Infom)ation
We have a dedicated, smal funthai5irvJ aTrJ a straw thal is revivAp rajuiarly aThJ refie£ts thè curr•nt dimai•
and the go11 have OF
EEWARDE TR TLTD R• ort of Ih Tryt ar ènded 31 DeClIr Fundral$lng standards Inforniatlon leontlnu•d> We received no complaints wardir#J our fvfKlrai&ThJ Ihi$ yw. We en18 that these athvibes a sentive and f$asonabl$ and 110 not contsct tyjr ¢lorw)rs Of Potential donors to ask for money diredy. Instead we promote nwl sponsorship opportunities thrcwh general campagns Th)t targeted at iThJiwduaL8. ThrOJhOuI the year wè ha been viewing ourfundraigng aCtS to en9Jre are GOPR ready and comphant. Public benefit st•tem¢fftt This has teen cons¥Jered in tl state11 frrrfn the Chalrrn'8 se¢kn oftho Rewt Charitabl• activiti•s The ¢ompany'$ aetiwti$ durirKJ th¢ ywrwe in tr Slalemtf1OM thè Chainnan's Se¢11 oftr pOrt. Strate IcR• ort Achievements and performance . This has been Conderj in the statement from the Chairfs s&on ofthe ReFNt. Financial rèvr•w As shown in the Ststemer of Finan¢i81 13. the Trusfs tcrtal ros¢ to t704. for th& year. reprèsènting an increasg of 6% fm 2019. Thè Trust's totsl ¥XFéIKlitur¢ fell from £523,705 to £480,589. SU1.n9 in o surplus of Q23.417. At 31 December 2020 tolal funds were £706.797. 01 this £504294 was unrestn.cted and £202.$03 restricted. R•s•rv•s policy A ch8ritl8 free re3erve3 are rts general unrestricled fvn(ts {ex¢ludiry any element represented by ffixe(l assets) less any funds which have been desgnaled for ftjturo W)iaCts by the Truste&s. Detsils of designated fvnt1s are given in notg 19 0fth finan¢ial stser. The charity's reserves polw is to hold a nmnimum level of free serVeS equivalent to app¥oximatety nine months. expenditure, in ordw to ensure ihat any delay in the receiptof income by the charity, CaLed by the actti)ns Oftrd pawties, does not affect the abrlty of chanty to meet its obl•3atKms to its beneftiaries. As indicat8(l on pag¥ 23. note 19. the level of makxa¢8d rgswvgs as at 31 December 2020 was £358294. 01 this. fr88 reseNes amounted to £356.029 represents 8.9 months expenditure. The Trustees wularty VIeW the appropriateness of Ihe reseryes pdicy rylh regard to the ojrrenl environment in lch the Trust OFerates and believe the level of fr88 reseryes to be appropriate. Princlpal Fundlng S•rvlc•s These are considered in the stsl¢ftnt frNn ch8imwh'$ sec11 of thtr Reprf arvj in the finan¢1 sl¥iemenl$ th¥mselves. In¥•stment The MemoraThJum and tiCleS aulhcrfise InA5tees kn make and hobj investments using the general funds ofth8 conyany. Futur• dèv•lownts A5 part ofEdward'5 Trustfinaaal planning lorJ)20 ts impad of COVID the impliral)ns for fulurt generation has been assessed. A new inccne genernt)n strale9y has been implemèntèd which %bill include ntsw acb'vibes and inibatives lo Mgate for can¢elJ8I events. Hav7NJ asses the income 98110n a¢tivibes T(usteès feel ¢onfidgnl that with strgnglh of¥ dIrfied in¢(¥w base th¢ Trustwill bè abl¢ to deliveron its strategy lor2020 and achieve Iho nec¢$$ary incomè levels to ensure the Trust is ffinancialty Mable. Chaiitable fundraisng targets v+ill be inueased generth.ng more appk'cations to tnjsts. New inibatives such as a pro9ramme of virtual events 4%ill be developed lo attract new audnceS and èngage existtng suppNiers. TNstees have assessed the cash position of the Tnjst vthich r8mains posrfive with nèw funding streams secured in 2020. Tnjstees are confrjent that ith the $IL% of the fvndraising team and the excellent track record that the Trust will ccntynue to perform VRII and achie¥e generation tsrgels nessary lo ensure the effec¥e financial perf0rrnan of Edward's Trust in 2021. These are Cdered fvriher in the statewrM frryn the Chawnwl's secbffi ofthe ReporL Volunteer involvement The charity has over 40 yonteerS4 support Ihe th ofthe lty in a variety ofways. In 2020 have had to rnduce the xtiwtss undertaken due to co¥id and there have tKen less opportunths for Ndunteers to get involved. An estimate for our vobjnteer hrS per year is 674 hwrs in 2020. Page 7
EthVARD TRUST LTD Re ofthe Trnstees ar ended 31 Oecèmter 2 Stru¢tur•. gov•rnan¢¢ and maTraynxnl Gowmlrtg d¢)¢umont The charity is controlled by it5 govenung dc•m8nL a de8d of biJst. and Cotu$ a limiled ccthpany. limlted by guarantee, as defined by the Companies Act 2)6. Indu¢tion and training of n•w trustees Trustees are very tsmiliar the day lo day wcrfk of Ihe charity and are re9ularty upjated at board meetin9$ and through their contact with the stsff. W trustees appfy fr)r the Foglion aThJ a fomially interwd by the board. The Chief Executive ovtrrsees induct)n and trainiThJ of INstees and enwres that covers" the otAigation$ of tnjstees and Ihe board the main d(Kum$nts which s¢t out the ¢¥eralionaF frameth forthe charity inchJdr¥J the morandLm and Arb"des resourcirg and the current nala1 [tion fvlure plon$ objecti¥es irtluding the dn{S Strateg plan dcwn Tnjstee training is an ongc4ng p¥ocess to enwre the tthro are awwe of ¢urwt gilifm and Irustee responsibi&tl¢s. An annual training event is part of the proces5. Rl$k manag•m•nl The trustees have condu¢ted 8 review of the m¥r risks to wh.ch the charity iseyposed and systems and predUS have been estsNi5hed to mits.gate these. The charivs strategic an kfjentifie5 any sJnthcant risks to funthrJ and addresses these. Major risks are identified and rwe%%d by the bo3 lo engjre Ihat thwe are adequate controls and actn$ lo mitigate th$m. Thè trustees are partla mwthl of the risks asscKiated wth OPeratn81 actiwbes. thiro vulnerable children and thr famdies. Procedures are in aCe to ensure compliartt ¥%ilh he81th and safety of staff. voluntee(s. seNce users, y11s. The trustees and 51aff are awdre of the need to ensure that aff. volunteers. antj other Stakeholde have the right to work in a safe and heaY envirtyLmenL stst•ment of trustèes. rnsp¢)nsibi1S1i•s The trustees Ivtho are atso directors of Etharyl's Tnjst Ltd for the purposes of company law) are responsible for preparing thtr Réport of the Trnsteès and the fmancial statements in xccKdance *iih applble law and United KiThJdom AccwntirwJ StsndaTds (Untsd Kingdom GenttY Accepted AccountirKJ Practicel. includiThJ Financial Reporting Stsndard 102 Yhe Finawal R0"n9 Standard applKat>le in the UK aThJ RepublK of ITelan(r. Company law reqUIS ihe trustees to prepare finanryal $18tements for fina131 year vkni¢h give a true and fair view of the slate of affairs of the charitable company arKJ of the incorniFKJ resowces arKJ 81¢att of resources. including the income and expenditure, ofthe chaiitsble cOMpY tr that terioj. In wpariThJ Ie financial $tatwngnts. th8 tfustae$ are required lo select suitablè a¢¢ountMYJ poli¢ies and tsn aFWy trn ¢orw•. obserye the methods and pn'ncipl&s in Ihe Chaiity SORP. make judgements 8n(J esb"mates that a asOnable and pruden(. prepare the finarKial ststthngnts onthesxirrfJ coeM basi5 kSsIt is inaFycyiate to wesume Ihatthe charitable company will continue in bugness. The Irustees arn resF¥)ngbk for keepiThJ Ffryer aCClbOg rerdS ¥thich thxlose with reay4)nth aUraCY al any b'me the financial pos.0 ollhe Charitab company and to enable ihem to ensure that the financial stslements ¢omrAy with the Companies Act 2006. They are also responsibje for saleguardiry the assets of the charii8ble company and hence for tsking ¥sOnae steps forthe prenI1 and det1 of fraud aryj other irregularities. In so far as the Injslees we aware.. there is no rdevanl audit informalK)n ofwhKh ¢haritslA& companV$ aydrtors are unawa. and the tnjstees have tsken al steps that they 0h1 tts have tsken to make themsefves aware of any relevant 8udit infOalKIn and to establith that ihe aWJits art aware ofthat iftfrrnl. P•)è 8
[lARty ar 31 Dac$M 2020 Auditors The auditor5, Haines Watts LLP. knTII be prw5aJ for rWppJirrtm¢ at tl* tsthcoming Annual General Meeting. This reptyrt has prepar&J in aCtan with the SFeo"al pro)n$ cl Part 15 ofthe Cunpanies Ad 2(Th r¢laiin9 to small companies. Approv¢d by order Oft ol tmstees on ... 28. Juw..lesl.l... and son&J on rts behaty by P A Barrett Tr Page 9
Ett•arLfs Tntst Ltd Oplnlon We have audited the linar¢ial statents ol El5 Trv5t Lld (the tharilable comparf for the ye )d&J 31 DeMb 2020 whth cOmwe Ihe &ement of Acbmiies. the Statent of FInwKl Posilion. the Statement ol Cash Fhws and rKJtes to the linaro4 sIatwnts. indLhling a sunmary of sigrMfKaM a0Unting pol¢ies. The fi'nanoal reportirrfj Iramework Ihat has been appli&J in t weparathon is aFplicaLle law and United Kingdorn Accounling Standards IUnrt•J KiN•kni Generalty Accep18d Accountirxj Practicèl, inththrrfJ Finwal Reportiro Standard 102 Yhe Finaroa R4)oiting Standard apFlicthe in the UK axl Re¢ ol IlaThT. In wr oFinn atwnents: give a true and fwr view ol the slate ol Ihe charitaiAe crywry¥ alfrs as * 31 Decernber 2020 and of lis incoming rgsources and aptKIn of resources, indLth"ng rts inc(me and ex[wtu. lor year then ended., have been properly preparèd in eordarKe wth Urnled 11¥) GeneTalty Accept Ac£ountiNJ Pract, iUng Financi Reporting Standwd 102 The FinarKid Reporbng Stsndard in the UK and RepuN'c ol Iralan(J'" and hav• been prepared in accrydan¢e ¥&ith the wulrents c¢ the CompanFOS Act XQ6. Basis for oplnlon We conduued (r in aCCordare with Internabonal Starntsrds on IUKi IISAS IUK)) aTrJ apF4icatle law. OLY responsibil•$ under trv)s8 sland¥ds are ttr¥ d8seribl in the A¢StOTS' rèsrmibi1lt lor au(ffit ol the financial stataments section ol oui r8pM. We are irKl8pwKknii company in acccdance wilh the hlea1 Teqvir•n•nts Ihal aye relevanl to ow afjt ol the h'narKryd stalwnents in ts UK. iU.rj the FRC'S Eth'C Stantr¢J. and we hav$ lulfillJ our other ellical lespo1tH.1 in aOlanCe vrith te ru1rn. We bee¥e thal I1 autht evidertè wè havt obtained is sutfic¢ent and apwyriate lo pmvhle a bags for our ¢¥iThon. Con¢lusions relatong to golng eone•m In audiling the finan¢ial stnents. we have lthIe{l th Ift$. LKse of the ty)iNJ rn trAsi$ of aCcoting in the preparation of the finanrial Statents is apwopriate. Based ort thè we have Perforn Pr not itygntrfied ary materia urt•tainlies rdalir#J to entS cff cornJttS tha( inoThvidualy or collectively, may Ca &gThlunt ¢S)utrt on the charitat4e cc¥npany's ablity to continue as a going emtern I a w¢xl of at lèast mont11raM whBn IhtrfinaI staments arè auU)oristd for issue. However. not dl lthure events CK ¢trndth can be weicted. Thè COV1tr19 Tal is ¢t ol tht most signrfi¢ant ecommic evenls for the UK unwe¢edented levels ol urtaIrty of c4rtcomes. h is Iherefore diffic1 ¢0 eVale dl of the potential imF4icatKJns on the entty's acbwbes. lunders. suFpliws aTrJ wKJer Onlry. Trustees. view on th8 impact of COV1tr19 is disclosed in Ihe ReFQrt of thè TrUee$ aThl in Ihe N£¢oUrrg Pol Note. Our resnbilltse$ aTrJ il respongNtr5 01 tIE 1ry51ees Tnlh resp1 to nCeM are (Iwiw in tlw r•bvant tions ol this reF#)rt. Other Irrtorniatlon Tho trustees ar8 resF{JrO lor the cther irlomiatiorn The ots IrrfLaf10n comprises th8 in10atIOn induded in the Annual Rer4)n, Other than Ihe h"nanod staiemw)ts and w Report ol Ieent Authtors thefeon. thjr opinion on the finan0 statemty does ¢over the otrw ira0mn and. the èxtent Oth8The e1p1rtty state(l in our reFQrt we (kn Tr)t e¥press any f(rn of as9Jrar¢e Co45)nTeOn. In connecb'on with aLMlit ol linarKial 5talaneniS. reSnSIbIl ts to rèad the other irtomiation and. in doing so, ¢on5ider whether the olher irrf(xmai)n is Material ir¢(ffl5iStWl wrth the fina1 statgments ty our knowledge oblained in Ihe authl or otherwise appews lo materialy rnisslaled. 11 wè Trdentify material Intols1CleS or aFpar1 material misstatwnents, we are required to detemne this gi iise to a rnater1 mi5Stalernent in Iho finarKwl slatements thSs. If, based on the we have pwlrThed. we crmdude Ihat there is a materi4 m51atemenl of this her infolmalion, we requiray to report thai fact. We have nollMrKJ to retort in t"$ ward. Oplnlons on other rnatters prexrfbed by the COMPte$ 2rJJ6 In our opni)n, based on the work Urmyertak in the cwrse of the aurfrt.. the irrfomation gNen in Ihe Rewrt of Il* Twustees Iw Ihe ffinwal yw fOrWhhIhe finala1 statements areprepared is consi51wtt with the financia sial•n8llts', a1 the Report ol the True•S has prepared ap[aCle legal rUlln7tS Pag•10
rtclthèl nt to1 rters atl•Ys on fhleh we aye required lo pOrt by ex In the light of Ihè kedge and understaThJirg ol the charitable C(panY ils enrOrent in ihg wrse of lh8 audt. we have Klentrfied rnatwi mtsements in Rwrt ot TrLtstees. We have ton9 io r¢p)rt in r•spw ol the Idl¢MiTrJ matlvs whwe Il CompaThies A¢1 20C6 reqwre5 US to report io you If, in our opinion.. adequate accwntiro TldS hè¥e noi or rdums lor our at h& nol ten re1v1 Irom L¥anchès mt visiied ty us,. or the finan¢1 StentS are not in agreement ilh the aci¥)urtir¥J rrIts aThJ rstur. certain disdosyros of trus1$, i•nuneratiCffl SFttrfl by Law are not made: we have not rtteNed all ihe rformation aThY explanab¢rT5 we rè(VMrè lor aLKift: or Ihg trust88s wgr• Mt th"tIed to take thartage ol the smal ccmpanies exempth'on Ircffi féqLran•nt to wepare a Strategic Report or in pr8pan"tVJ thè ReFKffl of Ihe Tnjstees. Respons5blllts ol trusl¢¢S As èyplained more fuly in the statnen1 ol Tnjsiees. Reswsiblib¢S. the trustees Iwho are aso the directors of the ¢h4riiabl company lor the purposes ol crynpany lawl are reSpolb IOT prtparabon of tha linarri statements and for being satiyied that they give a Ift aThl l&r wew. aThJ lor swh Irrter cor¢rcl as trustees detèmiing is necessary to enatle the preparatKJn ol finarKial statements th¥ are frèe from merAI misSteM8nt, wh8th8r due to fraud or ermr. In Weparingth•lirbaa statentS the Intsttts are reswnslefor asse55lrgthèthariiatervatyS to ctinUe as a gryr9 c¢)ncern, doSing. as apFlicatle, matters reL4bJ to goirrtj c(mcern a1 goi ¢csn¢ern basis of accountirg ueSS thetsustets athér iniendlo IKiuKlatethe chariiat4eccffjpany ortocease operation5, c< have no realistic alternative tr¥Jt to do so. Our responslbllities lor the audlt of th fina14] str1eTrts Ovrobj'ectivèsareto obtanrèasonabl•assurancÈaboulthethw the finarKiJ slatwnerrts as awhc4e efreefrom merial misslaternent. thther due to Irawj or error, ar¥J to issue a Rewrt ol the Ilependen1 Auditors Ihat IrdeS cJr opnion. Reasonable assurance is a trigh levd of assura. txA ts Mt a guaramee Ihai wdit COndled in e0rdance with tSAs IUKI will always detect a matwiJ miateMent rt ¢Xi5ts. Misstatements arise IrJJd or error and are ¢onsKlered materia rf, indwdualty or in the aggr83ate, they CQLAd reasonably b8 gXP8ci&J to tythuerts the SCOtMiC decisior ol users on the ba&s of these linarri Statents. regartIes. IraLhl. ar• instsrw of WFcomF4iarte laws aThJ regulaors. We design prurts$ in line with ow responsitilitie5. outlin atK)ve. to dste¢t MwI missta))ents in respect ol irregUlareS. IVding fraud. The extent to whth our wocedures are capatle ol detectiro irregularitie5. ij11 fraLKI ts detaled below." We otlained an derstanr0 cl thè legal and regUL( aFWKknle lo tolh Ihe charitatrlgctynpany iisem and the seclor in which rt operates. We Klenlrfied area5 ol laws and r&Julalions thal could reasonatAy be expected to have a material effect on the fina statwnents Irom ¢)ur sedor expenerL and throthjh discussion with the Iiuslees and other Managem1. The most siwrficant were enfied as Cornpar•¢s kt 2006. the chal•S fv£t 2011 and the Charities SOAP {FRS1o. We considered the extenl of CCNnlare th ttK)se laK arnl ffjgulabo as part ol ow procedures on rdated linanli 51algrntnts. Our alit procedures in(4ucd.' mthng enquires ol managwnrt as to thwe lo be a to fraud and ether they have any k>tJe or of Iraj., obtaing an underslancling of the internl ¢Orfrds tst4ish11o mrfigate risks relate(S to fraud or non. ¢clanCe ith laws and regulatn$., assessing the design elIleneSS of corfro15 in ace io ar#J d¥tect l¥auJ,. assessing the risk ol managernent override indu(fing idl1n9 and lestingjoumal en1$", challeThJir¥J Ihe assump11 aThjjents made by manJemtt bn its s1•{t a(uyJrtir¥J •stIats. Wlilsl wr a111 dKI Tt Klerty •ny ¥wufieant matts relatiNJlo lh• detection of IUlaritieS IUdir9 fraud. aThJ despite the audit beir¥J plann aThJ con(hxtgJ in a¢cNdar¢e wilh ISAS IUKI, there rnnS an una¥da4e risk that rnatwi missiatements in ihg linancaal statements may be delected ovAry to inhèr•rrt limitation5 of thè audrt, arbj that by th8ir very naiure. any sh inartes ol fraud or irregularity Wk1 likdy invrkn cl)n, forgery. irtenthonal misr8pres8ntations. or the override of internd contrds. A further description ol cAAr wtsFtyY&txlrti•s ltr iht autht of fit)axial staimnts FS atl on the Financial Rqjorting Councifs websile at wNM.trc.ow.L*jayI1Sresp0rsltrJ[it5. This de5CriPtion fomis thtr Report ol th9 Irthpendgnl Audrtors. Pag•11
rt0111 ALknrs to the MÈmbtrs ard's TrLSt L Use ot ow report This report is made s¢Jely to the charilat4e ccmpary's rn. as a tyjdy. tn accudarce with Cwter 3 of Part 16 of ihe Companies Act 2006. Ow art wth been uleriaken so thai we mwjhl Stare io the charttatle companls members those matterswe arè ruirj lo stateto thwn in an alitOrS. rewjrt and f no olher purpose. To Ihe fullest exlent permitle(J by law, we do t ¥Ce or assume rerlti to arfyDne otr than the chwiiayle ccnpany and the chantable compary'5 members as a bc4Yy, fry wr f¢¥ tt¥s rèrrt orlor th• cp"Thons wè hava lomièd. Kevin H Isenioi StatLrtory lor aThJ on If of Haines Watts &rm¥¥Jwn LLP 5-6 Greenfidd Cresc8nt Edgbasion &rmingham B153BE ge 14 SeNbe 2021 Pas*12
EDWARD'S.TRUST LTD ststnent of Financial ActiwtN•S ear eThled 31 Der£mber 2020 2020 Total funds 2019 Total lunds iknrestri¢ted R¢strl¢t funds fund Income and ethI0ents frun Donabon5 and kga¢i85 353.689 339.360 693.049 646.128 Charitable Holistic bereavement care 13.433 Other trading actNe$ Inveslrnent inCe 2.638 680 316 316 Total 339.360 704.006 662.879 Expendrture on Raising fu9 68.296 15.391 83.687 108.281 Charitable activities Holi8ti¢ bereavement cwe 180,952 215.950 396,902 415,424 Total 249.248 231.341 480,S89 523,705 NET INCCAIE 115.398 1118.019 223.417 139,174 Ro¢onclliatson of lund¥ Totsl funds brought 14)p•Ard 388.896 483,380 344.206 T+)tal lunds ¢affi•d forward 202.503 706.797 483,380 The noies ftym part o1th9$9 Inarwl s)nts P•g¢ 13
EtMIARD'S TRUST LTD fFin 31 Dewnber 2020 2020 Total nds 2019 Total funds Lknrestrirted lunds Regtrided fund Flxgd a$8•ts Tangible assets 14 2.265 2.265 2,800 Currènt $$•t# Debtors Cash at bank 15 8,223 52S.1SO 5.224 197.279 13,447 . 722.429 21,917 492.350 533.373 202.503 735.876 514,267 Cred#or¥ knwnts iaiing due within one year 16 {27.944) {27.9441 126.8871 Net curr•ntaBsels 5D5.429 202.503 707.932 487.380 Total ass•ts l•ss curnnt liabiliti•s 507,694 202,503 710.197 49),180 Cf•dilors mounts falling thJe after more than one year 17 13MOO} 13,4001 16,8CQI NET ASSETS 202,503 706.797 483.380 Funds untrictl funds Restrided fu$ 19 504.294 388.896 Total fund6 483 380 Thw finanrial #atenents ha been prq)arl in aCt0rdCe wrth Ihè appJale to charrtabjè c(mpani•g sut4ect to Ihe srnl corrwnies wThe. The financial staternwrfs Ere appro%d by ts Bowd cl Tnstee5 and aUlh¢Y9Y for i55W GYI Is>l i... 8ThJ r¢ Sig on ts beharr ty. F Gdtstraw- Trusi Thè notes fv)mi PArt ol t 51aknents Pago 14
EOWARD'S TRUST LTO r endèj 31 Drnbel 2020 2019 Cash IlowB from operaling act5¥111•• Cash generated frcm operab¢y 231.376 137,525 Net cash prOd by op6rab"ThJ actNits 137 525 Cash flov•s from in¥•sting adivltl•s Purchase of tar¥Jible fixed assets 4,200 Net cash used in investing aLvil 1.2971 4,200 Chang• In cash and ¢ash equl¥al•nts In thè r•portlng periott Cash and cash eqU5v#ntr at th• be9inniThJ of th• r•porting poriod 230.079 133.325 492.350 359.025 Cash and cash 8qwval•nts atth• •nd of the reporting period The notes part of Ilw 5ts1wne Pw15
EDWARtYS TRUST LTO Notes to the S hFIo fof the r endeLJ 31 t)ecemter Re¢on¢lli•tlon ol net incryne to c•¥h In)m op•rnllng activltl•8 2020 2019 N•t Incom• forth• r•ptylfjng p•rfod la¥ per the sl1twn of Financial Aeti¥itiOS) Adlustments for: Depwation ch8r90S D£rreaWlincreasel in de5 Decrease in cr&Jrtors 223.417 139,174 1.832 8,470 (2.343 1,400 1231 3,026 Net ¢a•h provlded ty operntion8 231.376 137.525 A11# of lth nèt funds At 111120 Cash flow At 3111W20 Net cash Cash at bank 722.429 492.350 722 429 Total 492.350 230.079 722.429 The notes fcth part Of1 finaro slalwnents PJe 16
ELWARs TRUST LTD Fin al Statnenis 131 Dernr 202 Accounting policie# Basil of prnparing th• financial stat•mff The financi4 $ernents of thè tharitae cL¥))pany. whth ig a puUic tenefit un(Jer FRS 102. have been ppared in accordance Chanbes SORP IFRS 1021 'Atttsuntiffj and ReportiNJ by ChaTities.' Ststanent of Recornmendgj Prathce aFvIKJe lo tharitie5 pwariThJ thèif accourts in cordance wTrth the Finanaal Reporting Standard applut in the UK and Reputyic ol IrelaTrJ IFRS 1021 leifectNe 1 January 20191,. Finantaal Reporting Standard 102 The Finanoa Reportirrfj S¢andard appli¢atAe in Ihe UK and Republic gf Ireland. aro th¢ Ccrnpanie5 Acl 2C(6. The finanaal sta1¥nts have bew prepafgj uTrJer the histon&¥ (x)st convenb'on Thtr significant accountirKJ poh.oes apr4d in tIE Fryaratirm of these finar£1 siaternents am Sèt out bèlow. These poliaes have COrstent a[plj to 1 years Fffesent&Y unle55 therwise stated. Gcin The trus¢ee5 assess whether of concn is apKL¥Jriate i.e. whether thwe are any rnaterial unrtaIne$ relat lo events or ccrfbjitiorts th may cast signifieani doubt ability ol the cwnpany to conb.nue as a goiThJ corwn, indudin9 Thpact of cov119 . Thè twstees make Ihis assessm in respect of a period of One year Ir£•n Ihe Oate of for iswe ol the fina1 stnents have c¢)ncluded that the charity has adequate resources to c1)nb"n in cperab.onal e$t ts the freable futu and the re no mer1 neaInS atrtxrt the charrty's a"IrtY to ctsitinue as a gtyrLg cortern. thus tw continue to ad(¥Jt the pn9 CCeM basis of ¥cwnting in thèfinaTrial statements. Incom• I Incomiro resources are indLknJ in the St8thl of FIr) AdNities ISoFA} Wh the ¢h4rity 1$ leg•lly enbued to the incc¥ne after any perlomaThx c4drtjns ha¥e been met. the ol1 can be mtasurèd reliably and it is probable that the 11Ke knill be rera¥. For donats.ons to te rwnised trE charity will ha¥e been rKtifigJ of amounts the setU8ment date in wfrting. If thwe are coTrJrtions attthj to the donabon aTrJ thrs wuirès a Itvèl tsf pèrfomianee téforè ènliuanent can be ciasn&J then incc¥ne ts defer unbl Ie cmliws we fully rnet cffj 1he I$nt of Ih05e condition5 15 wthin ihe contrc4 of the charty antl rt is that they wil be fvifill&Y. For legaries. receipt mu51 be recegristsj vln it is wobatle that it wdl be I&y. Recapt is nrrnally probable when.. there has been a grant pfobate." thè execLrtots ha establisw that the a suffioenl assets in the estattr, aft•r settling any hat¥lth"es. to pay ts b3acy'. and any con&t5 attacw tg lryacy are eithw wrthin the cortrd ofihe chanty or have be meL Inccffie Ircffi trading èttivrtiès indudès irthne earwJ frcm luntr•siThJ ets arnl tra¢Jing to rase fund5 fly the charily. Income is rec•veJ in Èxch lor >JprAa goods aThJ se In order to rnise funds and is rKcSnI5 wher4 titInent has No arnnI 6 induded in the finanoal slat8nwrts for vduntw ty"m¢ in line knith the SORP IFRS 1021. Furthor detail is in the Tru, Annual Rwt Expendlture All expen¢Yitu is aLntj for on an acuu$ basi$ •rKI has bw ¢lassthJ undef hèadwws that aggate al costs rdatej to the category. Expenditure Is rwnise(l re there a legal or coTrstrudive obligats.on to makè payThènts to ttw.rd parries. rt is K¥rtJat4e that the sduament wll be requi and the arnount of the obh'g'¢)n be mèasured rtliably It is urdu Ihe fc41ovirJ he•jIrs. - Costs c4 ratsir@ furvts . Expenditure on drrta acbwts.es Irrecoverable VAT is chargal as an eypense •Jainsi thè ach.wty for vltich eypeThlitwe arose. Alloca11on and apportlorrfnent ol costs Re50uitss expend•J are allttated to th• palicjjar th.ty the cost relates LreclJy tolhat actmty Tangibl• fix•d asMIs All fixed assets a inithally iectyded zl Cost ValUa"On less acoJmsJlateJ deprecsa"on and accJJmulateJ impairnenl10sses Depreciation is lo lte off Ihe c05t Qf valuats"on, l•ss eSrnated residu value5 of al assets except freehold I1, useful li¥e5. It is ¢al¢wlatgJ at Ihe folbwng ratos.. Le8sehold proKty ¢)ver pwi¢>a ofthe kase P*)8 17 conth"nu8d...
ELMIARD'S TRIJST LTO Notes to the Financial Stal lor the ear endaj Accoun1ing polici•s- contlnued Tangrbk fix•¥ ass•ts Fixtures offi equikThert 10% to 20% on cost 10% to20% wst Taxallon The charity is ewnpt friyn lax on ts Larrtatle athiie5. Fund aeeounting Unrestricted fvnds bg usèy in ae£ortsnce tharitable OlitNeS at dwetion ofthe trust•ts. Reslrickny funds can ¢y4y be uwl lor part"cular restriclthy purposes ithin the objects of tharty Resthcbon5 arise when specAfi&J by the dorK)r or kn fvnts a fasaj fLY partscular restncknj purFQ5es. Furtherexplanation ofthe natvre WKI purpose of fvr¥J is indLthJ in Ihe notes to the financial statwnents. Defined ¢ontribthi¢)n scheme# The charitable ccmpany operaie5 a defi tMtritxrtK)n w)sKJn schame Cortribuborts payat4e lo Il sthqn? are charged to the Statement of Financial Admtits in the to relate. T•m)Snation b•n•fils Teminab"on bènèfrts are monies paid whw vnpbyment 15 twrnin Lfore the nomd retirement date, or whenever an employee %cpts vduntary reduThJancy in excharoe frA these trnefits. The eompany c•3lse$ terminatiC benefrts when it is demonstry committ&g to either.. terminatiTrJ thg employment ol current •mployS atcordiNJ to a Ileti•led formal Flan without pos%bilrty ol withjrawal," or providi tenninatI befrt$ as a fesujt of an offer made to encwrage vdunt8ry rèjundancy. Dèbtorn antl ernd4torn rnc•i¥ablelpayabl• wlllin (Th Debtor5 and creditor5 Wrth no statex1 inttrest rale and rer8vatAe or payat4e wf(Iwn year are rttorded at transadion price. Any1055e5 aii%n9 frLYn inpaim)ent a recOani tn expenditu. Le•slng ¢ommknien¢s Rentals appIlble to orwatir¥J lea5e5 vkn•ré substanb.aly all of the tenefits and risks of rth)ain Vth the ts5gr are charged 4ainst incfme on a straight lire bag's over the of th& basè. Donations and1¢91•$ 2020 2019 Oonations Gift aid Legacies Gwts 227.241 S,751 64,828 395.229 342.606 7.562 41.000 254,960 693.049 646.128 Ottr trading a¢ll¥lll¢s 2020 2019 Sale of MerchliSe 2,364 2.638 Page 18 cthb"nued...
EDhlARD'S TRUST LTD to the Finan for the r ended 31 tkwnber 2020 InvlIn•t In¢ome 2020 2019 Intewt recwvable 316 In¢om• lrtah ehaiitsbl• athill•s 2020 2019 Activlty Holtstic c Trainiry i 8,277 13.433 Rai9 funds Raising donations and l•gacl•s 2020 2019 Stsff costs Telephone & slaticrf Sundries FuTrJrai%ThJ costs 79.559 797 1.7$5 79.840 687 27,074 83.687 108,281 Charttable a¢ll¥ltles $ts Direct Costslse note 81 Support Costs {$ee note 91 Totals HOltiC b8reavement car• 396 902 Dir•d costs of ¢h•rflablg •cll¥lO•¥ 2020 2019 Staff costs PR and markèting ChiNY and farnily welfare Telephone Other direct costs Property expense5 Proles%onal fees Depreciats"on 220,216 2,146 6,803 7,174 26.583 43,448 25.083 237,137 4.884 9,837 6,610 32.241 42.251 11.380 1,400 333.285 345,740 Pagg 19 conb"nLd...
ENARryS TRU the Financial nuJ ear eTrJed 31 December 2020 Support ¢g¥ts Gov•rnanee Costs FinCe Totals Holistic befeavemwrt Support costs. incjvded in the abo¥e. are a5 foltv&" G¢>v•mane• eosts 2020 Holl6tlc 2019 Total aetlvliles car• Wryes Auditors, rerab.On Accountancy arnj legal fees Travelliryj & sun 47,61S 48.872 5,940 8,551 6,321 6.212 837 69,684 10. N•1 Incomellexpendliurel Net incomdlewl1Ur8I is ated aftef d{¢re0m¥j)." 2020 2019 Auditors, reratsOn Depreciatiorn. assets 5,940 1,400 1,832 11. Tfust••s' rnmun•ratlon and b•nflts Therè was Trustees, une"on paLd year 31 Decwnbw 2020 01 £3.710 12019. £2,QJOI. For details se¢ as disdol in nde 21- related party transxl"or6. Trlee$. expenses were no Trustee eypwtses rembJrwJ in the year12019'. £nll. 12. Stsff ¢o•t¥ 2020 2019 VV4es aThJ Sal8$ 365,849 365 849 The a¥wage morthly nwnber rj dumj the y¢arw4s ¥$ foltr•¥. 2020 2019 Managent ofTru5t Fundrai&ng and put4itity Counselling Administrabc 14 14 No empbyee5 rew¥8J umlS in exc5 of£60,( Page 20 contsnugj...
EDWARD'S TRUST LTO Fina ts. continj r end&1 31 Der£rnber 2020 12. Staff costs. eonknu•d The total amount ol ploY befits r8cbJ by key Margent wsonnd is £84.44312019.' £64.2871 The key managem1 wsonrel of the Chanty thè Twststrs, Chièl ExecutNe Officer and Bewavem•nt ices Manager. 13. ComparnllTMS for th• ststement ol finan¢lal a¢tlvllles- 31 tl•cernber 2019 R•striet•d lund Total funds funds In¢orne and endovnents from Donations legatses 3.795 249.333 646.128 Charltabkn •cli¥tt$ Holisbc beleaent (we 13.433 13.433 Olher tr8¢*ng acte5 Investmenl inccffle 2.638 2,638 680 Totsl 413.546 249,333 662.879 Expenditur• on Raising funds 1Cfj.281 108.281 Charltsblt a¢VItI•¥ HolKsts"c bereavement care 205.$82 209.842 415.424 Totsl 313.863 209,842 $23,705 NET INCOME 39,491 139,174 Rttonclllation ol funds Tolal funds brny9M fonmard 289.213 344.206 Total lunds carriod formrd 483 3BO Pago 21 ¢onlsnwl...
EtMIARD'S TRUST LTD Notes to the Finanaal Slatenents- ctinUed r endgj 31 Decemter 2020 14. Tanglbl• 1Sxed assels Fixtures and fftttngs •quIFYn•nt Total• Cost At 1 January 2020 A&Jrtions 38.$51 56.063 94,614 At 31 Docber 2020 Dgprgcialon At 1 January 2020 Charge for year 38.551 53.263 91.814 At 31 DecwTrbw 2020 38.661 66.095 93.646 Not bo¢k val At 31 Dewnber 2020 At 31 Deber 2019 2.8C 2.800 15. Debtor6: arnounts falling du• on• y•ar 2020 2019 Prepayments and incLYne 13.447 21,917 16. Cr01$. amothits falllng due THlthln one year 2020 2019 S¢xial secvrty aTrJ taxes Olher VltorS Accruals and ijefwrwj inc4Jme 7.192 8.689 12.063 8,791 3,174 14,922 26,887 17. Cr•dltors.' •nounts falllng due aft¢rmorg than on• year 2020 2019 Accruals aThY defe inccrne 6,800 18. Leaslng aweements Minimum the paen15 ur¥Jw n(Trcanolal)le opwOW l¢as¢s fall duè as Idlov*S." 2020 2019 Witin tsne year one and five years 33,184 33,184 66,402 66,402 99.586 P89tr 22 o)nb"nued...
ECthIARO'S TRUST LTD Noles tolh Finan alements. continued lor the r exl&Y 31 20 19. Movwnent In funds B•laDce at 31 D•c•mb•r 2020 8alance at 1 January 2020 Incornifi9 Outgoing Resourcos Resources Transfvrn Unre8trictsd fund• General fund Designated ndS Isee b) 1249,2481 1146.OChJl 146.000 356.294 146.oc Tot1 unrestrict•d funds 388,8 249 2481 504,294 R•strfctod funds BBC Children In Need PCC Vith"ms FuThJ 8imiin9ham Q'ty Council Big Lottery Fund NLCF Comd Postccxje C(ffjMity TrLLSt Awards For Al Grantham Yce Eve50n Trust Zurich Fund Alan Edwards Hi93S Allred Haine CT Building CoMeth"orts- 081i%v 49.778 15.036 141.0971 115.9551 18.CQ81 183.9721 114.6181 12,680 919 38.670 135,055 33.977 19.201 9.492 89.753 19,359 19,201 18.9121 {2.7921 {3.7951 {5,C641 {1,2501 18331 2,792 3.795 33.49) 28,426 23,194 1,4 17.542 35.323 131.012) {1.4901 27,505 Building Com•th"or£- Ots¥Jn 8UPA 5.029 Total re1¢¢¢d funds 231341) 202,503 Total funds 704.LX 480,589} 706,797 The fwbJs are availat4? to bo s1 fty aty ofthe charity. The trustees have designat8J reswves of£146.CW forthe kllrmir#J rti.paw pu. SPJ¥1 devdowent IT 1nfrastrLtLe Property relocation arKJ dilaFJ £50,C(tJ t15,CtsJ É56.C £25.(0) All re51n"ct•d fvnds ar• eNptrthd on counselor sa¥s and ¢ikJ knily Ella cosls. Employ•• b•n•fft obligations The pension costs chargd to the &atl1 of Finanoal ActNitEs represwl the wnrAJnt of the tritrtIcS paYae to the schvne5 in res ofthe accounb"r¥J pwJo(L P¥23 continued..
EtINARIYS TRUST LTD to tl Financial Slatenents. contin4 forthe ear ended 31 tkcembef 2020 21. Rehted party dIscIule$ Fees toialliThJ £3.71012019.' £2.OCKJ} paKI to Chnstine Wkin lor dThc•l suFemon serv& y0vd. 22. Ultirnat• tt>ntrdling PArty The thant&Jk ccfflpany is the ¢ rts trust. 23. Company Ilmlted by guarantee The TrLLSt is a ccrnpany I'Mrt by guararttet has no captal. In the event of the chanty being wound up. liablity in resFe¢t of the guafanteè is limited to £1 pw fflber ofthe charity. Page 24