2023-03-31-accounts

Trustees’ Annual Report for the period

From April 1st 2022 To March 31st 2023

Charity name: St Peter & St Paul (Northleach) Charitable Trust

Charity registration number: 1109450

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The Trust exists to raise funds and make grants to St Peter and St Paul Church, Northleach for the restoration, maintenance and improvement of the building.
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	At the request of the Parochial Parish Council, the Trust has extended its remit to include making grants for regular maintenance on the Church fabric, as well as large large capital and renewal programmes. £39,805 has been spent this year to the public benefit. 1) The weather-vane has been completely renovated and re-erected; 2) the Cotswold slates and lead roofs have been inspected and repairs effected,
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees have had regard to the guidance issued by the Charity Commission on public benefit in determining which repair and restoration projects to undertake.

Additional information (optional)

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SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other

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	Work completed this year gives reassurance that, with regular annual minor attention, the chancel and nave will be wind and weather proof for the next couple of decades.

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Achievements against Para 1.41 objectives set Performance of fundraising Para 1.41 activities against objectives set Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	Stable, with adequate funds to ensure that all planned maintenance projects can be funded and that further funds are held to deal with any likely emergency repair that would not be covered by insurance
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	No reserves are formally held because the trustees plan to maintain sufficient funds for foreseeable events as per the statement at 1.21 above and raise funds for major works in advance of commissioning these
Amount of reserves held	Para 1.22	None
Reasons for holding zero reserves	Para 1.22	The charity is purely a grant giving body and as such has no material overheads or contingent liabilities for which reserves might be required.
Details of fund materially in deficit	Para 1.24	Not applicable.
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	None

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The charity’s principal sources of funds (including any fundraising)	Para 1.47	The Trust operates a membership scheme under which members of the public can become Friends of the Trust, either on an annual or a lifetime basis. The funds raised by the Friends’ membership fees are part of the income which is used by the Trust to maintain and improve the fabric of the Church. The number of Friends has increased during the past year and there are now 119 members, of whom 42 are lifetime Friends and 76 are annual Friends. A healthy income stream has also come from our successful programme of 5 concerts and talks.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s
~~t~~ ~~t~~ Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Charitable Trust
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	Para 1.25	One new Trustees has been appointed and one Trustee has resigned. The Secretary was appointed a Trustee in recognition of her proven ability to manage the membership programme and bring additional event marketing skills to the
~~trustees~~ ~~board~~

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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	The Parochial Church Council retain the overall responsibility for the Church fabric. The Trust supports that requirement and continues to maintain good relations with the Council, both working together to the overall good of the community and to the Glory of God
Other

Reference and Administrative details

Charity name	St Peter & St Paul (Northleach) Charitable Trust
Other name the charity uses	Friends of Northleach Church
Registered charity number	1109450
Charity’s principal address	The Benefice Office, Church of St Peter & St Paul, Church Walk, Northleach, GL54 3HL

Names of the charity trustees who manage the charity

	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (if any)
1 2 3 4 5 6 7	Geoffrey Dear	Chairman		Board of trustees
	Jim Wilson	Treasurer
	Mike Pezet		1 Apr - 17 March
	Richard Owen
	Chris Hancock
	Max Thorneycroft
	Jane Quelch	Secretary

Corporate trustees – names of the directors at the date the report was approved

Director name N/A

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
N/A

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity	N/A
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	N/A
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	N/A

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

N/A

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

I CHARITY COMMISSION FOR f NGIAND AN[) WALES st P8tsff & St Pwl Northl•ach Clw61th Trwt 1109450 Receipts and payments accounts CC16a For the period l-Apf.22 To 314lar-23 Section A Receipts and payments Unrestricted fundi 10 th• twwt RÈ$tricted lund• Endowment lund8 Totsi fund6 Last y¥ar to th• rwr•¥t£ to th• A1 Re¢elpls Triiends ol Nortnle•* Church Donaknons Event lfjcorne 4.9 11.192 11.192 3.$17 Inieie81 Sub total (Gross incomg for AR) 4.519 A2 A•¥¥t •nd SnvMtm•nt l•ts tabl•l. Sub total 43.206 43JD6 4,619 A3P• m•nti Fn￿d5 E¥ont¥ Insurance Churth Repwrs E￿[rtS 529 324 3.047 2.146 39, 2.647 7.958 2.647 7.956 VAT Reyxiverable 1J7 Sub total 57WJ 5,974 A4 A88•t and inve¥tm•ni Urcha8￿, 8ee t•ble Sub total 5.974 Net olrgceipts/(paymentsJ A5 Tr¥n¥fers batW8en funds A6 Totsl funds lasl year •nd Cash funds thls y￿r end 14.637 £0 £41.091 £26.454 14.6J7 £0 £0 £0 £ts £42.546 £41.091 EO £41.091 t26.454 CCXX R1 a¢tx)unts15SI 1210N2024

Section B Statement of assets and liabilities at the end of the period Unrestricted fund¥ to n•aves1£ Restricted fun(ts to nfrar•Bt£ Endowment funds to fftè•rokt£ aiegorivs B1 Cash funds Bu¥tss5 P4xaJm DJ7?4 14,907 CurMI PwJJnt 95￿183 ?,428 05488338 Total cash funds 26.454 Unrmtrlcted fund• Endowment lynd$ to r••ar••t £ funds to np•rv•tÉ to I￿r￿tE 82 Oth•r moneLgry a81•t# YL4¥ forVAT I￿6 Aw 231 194 l>ft A. FONC MombE￿ kn2W23 Gifi Avj. 21.22 162 Fund tot*hkfv Amoufit du• Vb•n Dclail8 BS Ll•bllltl•• tyy one or tstyo truithei on t4hall ol all the Iruitseg Synature Print N8m8 Date of roval BALANCE SHEET 2023 2022 CVRRENT ASSETS Cash al Bank Accrua Prepayrnents 26,454 10.753 194 £41.091 157 CURRENT LIABILITIES Creditors Accrued Expen5e¥ NEf CURRENT ASSETS 37.4CQ 41.248 NET ASSETS Unr8slrictsd Funds 37,400 41.248 FUNDS OF THE CHARITY £37 £41,248 CCXX R2 accounts ISSI 1210W2024

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Indeptsndent Examiiier s Report Rwrt lo th¢ trustoo81 mom￿r$ of On accounts for th• yoar •nded KcH 20 Charfty no (Ff any) 1109450 S•t out on p• I report to the trusteas ffi my exwnination of the nts of the above 2oZ3 Re•ponslbilitfa8 and AS the chth trustees of the Tnjst, you axe respMsible for the weparation ba•1• of r•port (rf the accounts in accordaTrx wilh the requirements of tre Ch8rftles A¢t 2011 (Ihe Acr). I report w) r88pect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and In carying out my exarnination, I have followed the applicable Directions given by the Charity Commis$ion under sertlon 1445){b) of the Art. Independent I have completed my examinatlon. I confinn that no materid matter8 have •xaminerfs statement ¢orne to my attention {olIx￿} in connectlon with the examination which giv68 m8 cause to believe that in, any material accountiNd records tre not k•o in ac¢<)rdarK with 8edlon 130 01 the Act or the accounts do not acccd T*rith acccwjnting records I have no concems WKI have come a(rns no other matters in connection with the examination to which attention should be dr￿1 in order to enable prop under8tanding of ttle accounts to be read)ed. se deleto Ihe in Ihe brackets rfth8y do not appty. Slgnod: Dat•: 12 Zo Nam•: Relevant profe8•ional qualifiution(s) or body (rfany): Addms: IER Octob•r 2018