Charity Reglstratlon No. 1107174 Company Roglstratlon No. 05151340 (England and Wales) THE ARTHUR ANSON MEMORIAL TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022
THE ARTHUR ANSON MEMORIAL TRUST LTD (A COMPANY LIMITED BY GUARANTEE) Anson Trust LEGAL AND ADMINISTRATIVE INFORMATION Directorg Mr C B Hillier Mrs L H Stevens Mr R G Finch MrJACram Mr J Brace {appointed 1110712022) Mrs S J Gillham lapwinted 11107r20221 Mr l R Wilson (appointed 1110712022) Charity number Company number Principal address Reglster¢d offic8 1107174 05151340 9 The Farthings. Marcham. Abingdon, Oxon., OX13 6QD 9 The Farthings, Marcham, Abingdon, Oxon., OX13 6QD CONTENTS Dirgctors. report Independent Examingrfs report Statement of flnanclal activilios Balance sheet Nots8 to the financlal statemonts
THE ARTHUR ANSON MEMORIAL TRUST LTD (A COMPANY LIMITED BY GUARANTEE) DIRECTORS, REPORT- FOR THE YEAR ENDED 31ST DECEMBER 2022 The directors present their rewrt and finanual statements for the year ended 31At December 2022. The accounts have been prepar&J in accordance with the accounting px)licies set out in note 1 to the accounts and comply with the charty's goveming document Ihe Companies Acl 20C6 and "Accounting and Reporting by Charities" Statement of Recommended Praclice applir2ble to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 {effective 1 January 20151. Objectives and activities The objectives of the Trust are the provision and maintenance of facilFties, amenf(ies and service5 for use by the inhabitsnts of the parish of Marcham and its neuhbourh(XNJ and the relief of persons residenl in the parish who are in need, hardship or distress (including making of grants to bodies who provide gocxjs, services or facilsties to them). There has teen no change in these during the year. The directors have paid due regard 10 9UIdan issued by the Charity Commission in deciding what activrties the charity should undertake. A¢hi•v•ments and perfomiance In 2022 the Trust has concentrated on developing a financialty robust operating model and delivering on its charitable purposes which, following the reorganisation of the Trusys assets in 2019, are now primarily supporting the local community and in PacUlar the organisations. swates. clubs and groups that Servi IL To encourage the local communrty to approach the Tnt wtth grant requests thatfall under is objectives, the Trust has refreshed its website, placed adverts in the Iccal community newsletter and contributed a number of articles to the same publication exhorting local bodies to apply for grants. By the end of 2022 the Trust had received a number of grant requests and was delighted to be able to approve rts first grants in over 20 years. Financial review The Trust's financral performance in 2022 built on the progress me in 2021 with an operating surplus of income over expenditure of £19,826. The Tnjst also experienced a positNe cash flow in 2022 and, subject to the charitable grants it feels able to make, is very likely to continue to do so for the fr)re5eeable fijttjre. The Trust regulaty reviews tts investrment stratY for both its restricted and unrestricted fvnds. Given the prevailing interest rate environment in the UK the Tnjst has sought to maximise the interest income on its cash holdings whilst at the same time building a long-temi investment wrtfolio for the sinking fvnd that it is building lo ensure that it can maintain and modemise its physical assets in the decades to co. In line with the wder market the Trust has experienced an 11% decline in the value of its investment fvnds but as these are funds held for the bng term the Trust expects similarand opposrte Cycl81 moveents overtime and does not see the recent decline as any cause for concem. In additton to the restricted funds, hekl in the fom of investments. of £114,776 the Trust also owns as part of its endowment a commercial nursery flIlty conservatively valued at £600,000. the Anson Fiekl. which adjoins Barmw Close la private road owned by the TnJsl} and the new community facilities which were erected on land previousty owned by the Trust as part of the Trusfs succe5sfvI scheme {that completed in 2020) to restructure and refresh its assets and operating model. The income generated from this nursery is the main source of the Trusys incorre the directors have adopted what they consider lo be a suitabty prudent approach to rts use of this income to servbce its grant making opportunities in service of its charitable objedtves and rts need to build the sinking fvnd referred tr) previousty. It is the policy of the chanty that unrestricted fvnds which have not en designated for a specific use should be maintained at a level at least equNaknt to betsveen srA and tsvelve months, antiClP8ted expendtture. The directors consider that reserves at this level will ensu that, in the event of a significartt drop in funding. they will be able to continue the charity's current activrties while conSideratn is given to ways in which additional fvnds may raised. This level of reserves has teen maintained throughout the year. The directors have assessed the major rtsks tr) which the charity is exF*)sed 2nd are sab'sfied that systems are in place to mitigate exposu to the major nsks to its operating model. Plans for the future The directors are keen that the Trust becomes widely recognised and used as a source ofcommunty supporting grants and will 8¢ty"vety seek oui opporbjnities and contt.nue to market the Tnjst accordingty. Page fof9
THE ARTHUR ANSON MEMORIAL TRUST LTD (A COMPANY LIMITED BY GUARANTEE) Structure> governance and managernent The charity is a company limited by guarantee whth was ir[rf on 11 June 2004 and does not have share capital_ The directors who served during the year and up to the date of Signature of the financial statements were.. Mr C B Hillier Mrs L H Stevens Mr R G Finch MrJACr8m Mr J Brace {appoinled 1110712022) Mrs S J Gillham (appointed 11107r2¢)22} Mr l R Wllson (appointed 11107120221 Mr A G Dipper (resigned 09101120231 Mr N P Rowe Iresigned 10110120221 Mr l J S 81elloch {resign&l 3110312022) Mr D J Colkin (resigned 31103120221 The directors report was approved by the Board of DirectoTr. Mr C 8 Hllll¢r Director Dated: 12 1 0¢ 1 2023
THE ARTHUR ANSON MEMORIAL TRUST LTD (A COMPANY LIMITED BY GUARANTEE) Avwn Trust INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND DIRECTORS ON THE EXAMINATION OF THE UNAUDITED STATLTfoRY FINANCIAL STATEMENTS OF THE ARTHUR ST ANSON MEMORIAL TRUST LTD IThIE COMPANV) FOR THE YEAR ENDED 31 DECEMBER 2022 l port to the dprity trustees on my examinatmjn of the accounts of the Company for the year ended 31¥t December 2022. Respomlbllltles and basis of report As the charity's trustees of the Company land its directors for the purposes of company lawl you are responsible for the preparaion of the accounts in accordan with the requirements of the Companies Act 20061'the 2006 Acl.). It is your duty to ensure thal The Arthur Anson Memorial Trust Ltd has kept adequate accounting records and to prepare statutory financial statements that grve a true and fair view of the assets, liabilrties, financial position and deficit of The Arthur Anson Mernorial Trust Ltd. You rxjnsider that The Arthur Anson Memorial Trust Ltd is exempt from the statutory audit requirement for the year. Having 5ats"sfied myselfthat the accounts ofthe Company are not required to be audited under Part 16 ofthe 2006 Act and are eligible for independerFt examinatFon, I report in resF*Ct of nry examination of your charity's ac(Dunts as carried out under section 145 of the Chartiies Act 2011 {"2011 Acf). In carying out my examination I have followed the Directions gNen by the Charity Commission under section 14515)(b) of the 2011 Act Independent examinerfs stateme I have Completed my examination. I conffimi that no matters have come to rry attention in connection with the examination giving me cause to believe that accounting records were not kept in r8SP8Ct of the Company as required by section 386 of the 20C6 A¢t or 2. the accounts do not accord with those records.. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any wuirement that the accounts give a 'true and fair vw which ks not a matter considered as part of an independent examination., or 4. the accounts have not been prepared in ¥cordants with the methods and principles of the Statement of Recommend1 Pracb'ce for acc£)unting and re[ng by charibes lapplicable to charities preparing their accounts in accordance with the Financial Reporb'ng Stsndard applicable in the UK and Republic of Ireland IFRS 10211. I hav8 no concerns and have come across no other matters in connection with the examination to which attention Should be drawn in this ret#3rt in ord8r to enabl8 a prop8r understanding of the accounts to te reached. Allson Berry, FhlAA . Berry Bookkeeping & Payroll Services 2 Hill View Lane, Wootton, Boars Hill, Oxford. OX13 5JT Dated: 1 2023 Page 3of9
THE ARTHUR ANSON MEMORIAL TRUST LTD (A COMPANY LIMITED BY GUARANTEE) Anson Tnt STATEMENT OF FINANCIAL ACTIVITIES- FOR THE YEAR ENDED 31ST DECEMBER 2022 INCLUDING SUMMARY INCOME AND EXPENDITURE ACCOUNT lknstrkted Total Fur 2022 Total Funds 2021 Incom• frorn: Donations and legaaes Charitable 8ctiMties Othertrading actiiities nstMents Separat£ matgri81 ilprn ofincomo 0th8r 24.827 24027 1.606 17,601 858 Tolal knccth• 26.433 26A33 18,459 ExporKlllwo on: Raising ftnd$ Charitsble actiMti&s Separate material e>pens8 it8ms Olher 2.4 2A96 12.3381 4,111 6.607 73 (2,2651 T(rtal •xp•ndMw• 607 Netgainsllossèsl inStMents Ngt Incom•a•xpgnd6tw•l Extraordlnary itèms 1>068 transfvr8 b•tw•gn fwKIB 10 {14.0951 114.0951 114.0951 5.731 9,014 29,738 19.826 assets Other recognised 98inslllosses1 Nèt mobment in fwKIs 11 19,826 114,0951 5.731 29,738 Pttoneiliition furth: Total fvnds broughtfr)rward Totsl funds cafrledfor¥nrd 62,055 81,880 728,872 714,777 790.927 796.657 761.189 790,927 The statement of fina81 akn cw¢11$ ilh the r8wÈrgmwts fty an and expendiiure arKknunt undgr thtr Companies AL# 2LK6. Page 4of9
THE ARTHURANSON MEMORIAL TRUST LTD {A COMPANY LIMITED BY GUARANTEE) nson Tftt BALANCE SHEET- AS AT 31ST DECEIABER 2022 Totsi Funds 2021 2022 Flxed As8et8 Tanglble a88ets 1ntrftents 11 12 6{1,cll 114,776 714,777 600.001 114.776 714,777 600.001 128.871 728,872 ¢TrontSts Debto 51rnents Cash atbank and hand 13 1,346 93,542 95.087 93A42 9587 74260 75.607 edoYs:amounlsfallngth wltlthon8yaar 14 72L 7206 7.552 NetrrtasSel1lIabIlesI 87.880 87,880 88.055 14 6,000 6.CQO Total NetA888ts 81,880 714,777 798.657 790.927 (tharty Furts General reslritd fijnds General unrestri(é fvnd8 Revaluabon reseTre TLal funds caritdlonvard 114,7T6 114.776 81080 600,001 796,657 128.871 fj2.055 600.001 790.927 81, 600,001 714.777 81080 The company is entiued to the exemption from the audrt requirerrent contsined in section 477 of the Companiès Act 2006. for the year enderj 31st De¢ember 2022. The director5 acknowledges his responsibilities for ensuring that the Charity keeps accounting COrdS wtth comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resour and application of resources. including its income and expenditure. for the financial year in aCrdance with the requirements of sections 394 and 395 and whith othetwise COM with the requirements of the Companies Act 2006 lating to financial statements. so far as applM%bSe to Ihe company. These financial statements have been pPar&I in OrdanWIth the provisKsns applicable to companies subject to the small companies regirfft. The financial statements were approved by the boar(J of directors and authorised for issue on ......................... and are signed on fjts behalf by- Mr C B Hillier Director Company Registration No. 05151340 Page 5of9
THE ARTHUR ANSON MEMORIAL TRUST LTD (A COMPANY LIMITED BY GUARANTEE) ST NOTES TO THE FINANCIAL STA TEMENTS - FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting policies Cornpany Infom•1i¢n The Arthur Anson Memorial Tru8t Ltd is a pJivate CoMnY limited by guarantee incorporated wi EnglarKI and wa$. The wislered office is 9 The Farthings. Marcham. Abingdon, OxFgrtlshire. OX13 6QD. Accounting convèntion The a(OUnts have been wepared Trn acojrdance with thè d)ariVs rremorandum and 8th"de$ of 88soryation, the Companies A¢t and"AcctsJnling and Reporting by Charities." Sterrenl of RecorThnetvJed pra¢t1 applicable to tharities preparing their accounts in A)rdarTrce with the Finarrial Reporbng Standard applicable in the UK and Republic of Irdand IFRS 1021" las amended lor F0d9 commerKing from 1 January 2016). The carity is a Public Benèfft Entity as defined by FRS 1Wd. The charity has tsken advantage of the proviwons in the SORP for d)aribes ang FRS 102 Updatè Bulletin 1 not to prepare a Slemenl of Cash The finawal staterne have departed frum the chareS (Ants arKI Reports) Regulations 2008 onty lo the exient WLired to provide a true andjairview. This departu has irwowl followng the Statement of Recommended Pradice fr)r th8rib.es apYing FRS 102 ralher than the vetsKsn of Ihè StatenwLt of RecKnmend&J Practice which is referred to in tr RegulK8 tMJt has tTaWn. The accxjunts afe prepar8d in sterfirvJ, ¥thith is thè j8Y of 1hè (Jarity. Monetary amounts in these finarK¥al statements are rlwnded to Ihe rarest £. The ac(x)unls have been prepared on historical cost convenlion r[dffiJ lo indudtt Ihe rgvaluation of rtaIn assets. The principal accounting i>1&S a(k>ped are set out bebw. Golng COnrn Al the time of appng the financial statements. the direior3 have a reaSe exFdaknn that the chaitty has adequate SOu$ lo i>Jntinue in operational 9xisten for the foreseeab future. Thus the directors (xxrtinue to adopt the going ¢on¢em basis of accounting in preparing the finanual statements. Charitsble funds Restricted funds are subject to specific c0TrJitr by dorm 8S to rrAy te LLSOd. Incoming resources Irtcome is recognised Wh the d)arity is legalty entiUeA to it after any pwfOrnare condibons h8vo been rnel. the mounts can be measurgj reliatAy, 8rn1 it 18 wobat4e nm? will be f&. Cash donations are recognised on reLeipt. Resources expended Expenses are i(ed in the financA81 Ster[lS as tw b0m8 due. Expenses irude VAT, wknere applicabte. br exp2n5es whith the Company is unate to waaim f(. Tangible fixed assèts Tangible fixetrassets arè initi81ty at cosl and siibwuerty [neasL at cost or ValuOn, net of depreciation and any impamient k)sse5. Cash and cash equlvalents Cash ond cash equNalents Indje cash in hand. dew)gis hdd 8t wilh banks. othershort.tem) IK4uid investment$.
THE ARTHUR ANSON MEMORIAL TRUST LTD (A COMPANY LIMITED BY GUARANTEE) 4nscKI Totst NOTES TO THE FINANCIAL STATEAIENTS _ FOR THE YEAR ENDED 31ST DECEMBER 2022 ¢hgrftablo AC11119 TnMÈ propo Inc¢)me Tr1 wcperty ome 2021 Oth?r tyadlng acll¥lUo8 Trngt pr¢>porty in Tru81 prDr incomè 17,601 Senice Charyes 270 827 17,801 UnrestsSciBd fvn Total 2022 Total Tcéal 2022 Trlal Cth8rftatAe GrMs tknt Mwketiry 4,LXYJ) 8Ltsine5s R8tes l496 2.3381 TLtsI frorn chgnty dLrtivJ IrÉ year. Employ••• Numbgr of6mploy•• lJmbor 8•paAtrt mat•rfal expo 11om Total Totsl OlhoroxponBo Iiom$ Total Total 13 Rq)air5 & {on cwf •w$I 4111 10 N•t galrAlllo•• on lDY•n•nts Ttsi•l Total offirAtstmer 114,095) 114(m) 9.014 Page 7of9
THE ARTHUR ANSON MEMORIAL TRUST LTD (A COMPANY LIMITED BY GUARANTEE) Ansort Twsi 11 Tan9lbl& ffix•d aaTrts TLI Total 2021 An)n Fhld Co ,001 Purchase Elsp ReLtIon C8rryr#J 600,rxJ1 D8prodallon 8r>Jghl Prirr Y aroe CaryyThJ arncrt ¢aryyiFW amount •tlfONI 8W,OOi 12 Flx•d a•iirvothents In¥eknonts 2021 Cost and valuqtlon Valuatim 3h1 cth Pric¢Y PurcFHse rk$pts Valuali(n ctroryes Caftylng amount at y•ar ond 1a871 1141)9• 114TI8 9.014 128,871 Fixèd axt Inv•nents rnvaluod Inwtmerts are irrkKW at tlE rrJ mket In81 31 ye¥ 13 fbto Total Tot81 AmountsfallSng du• wlltrAfi on• ygar. Tr1e debtors If4Jl 11851 1.531 14 Tolal 2tr22 Total Amourrt¥lalllng due wlthin onè y•ar Othertaxalim a$ srx¥ sewfjty 1rrtLe 15 4842 6.159 1.333 Tr 7.552 Toial Total 2021 Loj Tomi Llablllls•s Rerrt DekX6it 15 Total Tot 2021 4842 6,1
THE ARTHUR ANSON MEMORIAL TRUST LTD (A COMPANY LIMITED BY GUARANTEE) Anson TFU5t 16 Analydsof nèt asebts b8tsveen fuThJs T(éal 2021 FurKI b?r¢S at yreTrJ we re£Sert ty.. Tar¥Jitle assets neslmenls assdsiOlat&I 6N001 114776 fy)o,rxJ1 128,871 62.055 790.927 17 Rolated party rClI0 There ¥e M dlsc4c68ble pty (knirwJ (3)21 . r). Page 9of9