Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Annesley (CLW) Trust Accounts and Trustees, Report for the year ended 5 April 2023 HSP Tax & Accounts Ltd Unmt F, Whiteacre$ Cambridge Road Whetstone Lelcestsrshire LE8 6ZG
Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Annesley (CLW) TnLSt Index to accounts dated S April 2023 Page {$} Trustees, ReFKIrt tndependent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the accounts Inve8ttnents 9-13 tncome from inv¢slments 14-15
Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Annesley (CLW) Trust Page I Report of the trustee$ for tbe year ended 5 April 2023 The tnt was created by the Will of Christopher Lewis Wykes who died on 20 April 1985. It is registered as a ¢haLIty under Charity Commission reference number 1114065. The ptincipal registered address is: Whitewings 3 Southmeads Road Oadby Lzicester LE2 2LR The trustee8 at the date of this report, both of whom bave held office throughout the year, are.. ith EIi7Abeth Margaret Evans Dr David Lewis Wykes The pow of appointment of new trustees is vested in the present tsvstees. The ttustees, agents are: Bankers: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ Solicitors: Shakespeare Martineau LLP Two Colton Square Leicester LEI IQH A¢¢ountants: HSP Tax & Ac¢owits Ltd Unit F, Wbit¢acres Whetstone Leicestershire LE8 6ZG stockbrok$. Charles Stsnley & Co. Limited Mercury Place St George Street Leicester LEI I QG Indep¢ndcnt examitier: T D Fowler, FCA Unit F. Whiteacres Whetstone Leicestershire LE8 6ZG
Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Page 2 Annesley (CLW) Trust Report of tbe trustees for the year ended 5 Aprll 2023 (continued) Objectives and organlsvdtlon: The object of the twst is to distsibute income andlor Capit for Charitsble pUnseS or to charitable institiOnS as the trustees may in their absolute discretion from tim¢ to time deterniine. The income of the trust is derived from its investments and from funds on deposit. The trustee8 m¢¢t r¢gularly to consider appeals for fmancial assistance and agree the amounts to be donated in each we. Th¢re hav¢ been no changes during the year to the objectives of the tntst or to the policies adopted in order to achieve those objcctives. Investment powers: The trnstees have unr¢strict¢d powers of investmcnt. Reviejv of the year: A¢counts for the year end¢d 5 April 2023 are attached to this report. The trustees confirm that the accounts comply with current statutory requirements and with the tern)s of the testator's Will. thjring the year the trustees received gross incom¢ of £44,51 l from investments and cash deposits. Athninistration expenses amounted to £7,233. In aordanCe with the Tnt objectives, 4 donations were made amounting to £33,500. The market value at 5 April 2023 of assets less liabilities w&$ £1,292,929.
Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Pag¢ 3 Annesley (CLW) Trust Report of the trustees for the yeAr ended 5 April 2023 (continued) Trnstees, policies: Reserves.. The ITUStees do not consider that there is a need for a reS¢S policy as they make donations to charitable purposes as and when funds are availablc. Jnve5tments". The objective of inVtrneDt policy is to achieve a balance between capitsl gromtth and income. Risk management: The trust is mainly invested in stocks and shares and the tn)stecs do not consider there is a need for a riskmanagementpolicy. apart from monitoring the perfomiance of the investment managers. Slatsment of Trustees, Responsibilltles The TnteeS are responsible foT preparing the TNstees' Report and the financial statements in accordance with applicablc law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prnctice}. The law applicable to clLarities in England apd Wales requires the Trustees to prcpare financial statements for each fInancial year which give a trne and fair view of ihe state of affairs of the charity and of the incoming resouTces and application of resources of the Charity for that p¢riod. In preparing these finanrial statements,'the Trnstees are requir¢d to.. select suitable accounting policies and then apply them consistently; observ¢ the methods and principlcs in the Charities SORP. make judgements and eslimates that are rcasonable and prndent; state wheth¢r applicable acuThting standards have been followe¢ subject to any material depare3 that must be disclosed and explained in the fmancial statements; and prepare the financial statements on a going conccrn basis unless it is inappropriate to presume that the Charity will continue in operatAOn. The Trustees are responsible for kttping sufficient accounting records wbich di10se with reasonable a¢curacy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 21M18 and the provision of the Charity's Constitution. They are also rcsponsxble for safeguarding the assets of the Charity and hence for taking reasonablc steps for the prevention and detection of fraud and other irr¢gularities. Mrs Elizabeth Margaret Evans TStee Date 03-08-23 1 09:12.'16 BST
Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Page 4 Annesley (CLW) Trust Independent Examfiner's Report to the Trustees of the Annesley (CLW) Trust l report to the trustees on my examination of the ac£ounts of the Trnst for the year ¢ndcd 5 April 2023, which are set out on pa8¢8 5 to 8. Responslbilities and basis of report As trustees of the charity you e responsible for the pryaration of the accounts in acwrdance with the requirem¢nts of the Charities Act 2011 (the 2011 Act). l TCPOrt in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act. b] carrying out my examination I have followed all the applicable Directions given by the Chatity Commission under section 145(5)Ib) of the 2011 Act. ndependent examiner's statement I have cornpleted my examination. I confirni that no matteT3 have come to my attention in onnection with the examination giving me Cause to believe that in atty rnateIial respect: accounting records were not kept in respect of th¢ ¢haTity as required by Section 130 of th¢2011 Act. or the accounts do not accord with those records. or the accounts do nol comply with the applicable requirements concerning the forn) and content of accounts set out in the Charities (Accounts and Rcports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a llMtter considered as part of independent examination. I have no concerns and have come across no other ntterS in connection with the examination to which attcnlion should be drawn in this report in order to enable a proper uDder8tanding of the accounts to be ieacbed. T D Fowler BA FCA Unit F, Whiteacres Whetstone Leicestershire Date 03-08-23 1 03.'16:15 PDT LE8 6ZG
Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Annesley {CLW) Trust Page 5 Statement of Flnancial Actlvltles for the year ended 5 April 2023 Unrestricted funds 2023 2022 Note Income and expenditure: tncorning resources: 'Investment income D¢posit and other interest 44,364 147 40,787 Total incoming resources 44,511 40,790 Resources expended: Donations Administration expenses 6&2 33.500 7233 60,000 6237 Total resources expended 40,733 66,237 Net (outgofing)l incoming resourees for the year 3,778 (25,447) Other reeognised gains and losses Gainsl(losses) ol) investments Realised Unrealised (13,063) (44,166) 96,590 Net movement in funds (53,451) 71,143 Balance brought forwaTd at 6 April 2022 1.346.380 ,275,237 Balance carried forward at 5 April 2023 £1,292,929 £1,346,380 The notes on pages 7 and 8 forn] part of these accounts
Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Annesley (CLW) Trust Page 6 Balanee Sheet at 5 April 2023 2023 2022 Nots Flxed assets: Jnvesiments 4&2 1,276,717 1,334,416 Current assets: Bank balances Stockbrokers, client account balances 15,853 1.229 11,001 1,833 17,082 12,834 Current liabilities: Creditors falling due within onc year 870 870 Net current assets 16,212 11,964 Net assets: £1,292.929 £1,346,380 Funds: U]]restricted £1,292,929 £1,346,380 Appmved by the trustees on and signed on th¢ii behalf by 03-08-23 1 09.'12:16 BST Mrs Elizabeth Margaret Evans Trnstee Thc notes on pages 7 and 8 forni part of these accounts
Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Annesley (CLW) Trust Page 7 Notes to the accounts for the year ended S April 2023 All funds held duritig th¢ period are unrestricted and available for the genml pury)oses of the Trust Bas1$ of preparatlon The financial statements have been prepar¢d in cOrdanCe with the Cbarities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicabl¢ to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) (as amended for accounting periods commencing from l January 2016). Th&charity is a Public Benefit Entity as defin¢d by FRS 102. The ¢harity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The trustees consider that there are no material uncertainties about the ability to continu¢ as a going concern. Aecounting polieles: a) tncome from investments and interest on deposits are included in the accounts when credit¢d or due to be r¢ceived. b) Athninistration expenses are dealt with on an accruals basis. c) Donations and grants for elmritable purposes are in¢luded when pid. d) Investments are shown al Iheir market values Management and admlnlstradoD of the charity 2023 2022 Stockbrokers, charges Bank charges Accountancy fees paid to the Independenl Exatniner 6288 75 5,266 870 870 7233 6.237 No trustecs recelved remuneration for tbe the year ended 5 April 2023 or 5 April 2022.
Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Anllesley {CLWI Trust Pag¢ 8 Notes to the accounts for the year ended 5 Aprll 2023 {contlnued) Fixed asset investments.. 2023 2022 Listed invegtm¢nts'. Market value at 6 Aprtl 2022 Additions Disposals - proceeds - rea]ised gains/(losses) Net unrealised gains/Oosses) 1,334,416 1,237,826 19,725 (20,195) (13,063) (44,166) 96,590 Madcet value at 5 April 2023 1,276,717 1.334,416 Historical cost at 5 ApTiI 2023 714,059 735,517 Liabilities - amounts falling due within one year. Creditors for prof¢ssional fees Other credito 870 870 870 870 Donations: British Red Cross Crisis Dr William's Library Great Meeting Unitarian Chapel, Leicester Inquirer Publishing Company Leicestershir¢ & Rutland Masonic Festival Send a Child to Hucklow 22,500 i 0,000 22,500 7,500 15,(X)O 12,(K)O 1.000 £33,51)0 £60,000 Therc were no outstanding commitments al 5 April 2023
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Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Annesley (CLW) Trust Page 14 Income from investments - year ended 5 April 2023 2023 2022 Unlt trust Interest (gross): Liontrust Janu5 Henderson Strategic Bond Janus Henderson Fixed tnterest 984 695 2,108 969 753 1,893 3,787 3,615 Overseas Interest: Royal London Sterling Extra Yield Bond Fund 3,176 2,972 3,176 2,972 Property fincome dl$tributions (gross): Land Securities Group Standard Life ]nVtment Propcty tncome Trust 2,758 755 1,728 1,532 3,513 3260 Unit trust dividends: Artemis Fund Managers BNY Mellon Fund 1,912 1,448 1,161 1,249 3,360 2,410
Docusign En¥ÈlopÈ ID." 1BCCE65&379A4C8D-BA92-4178C522A539 Annesley (CLW) Trust Page 15 Income from Investments - year ended 5 April 2023 2023 2022 UK eompany dlvldends: Barclays BP Exp¢rian GlaxoSmithKline Henderso HSBC Holdings J P Morgall American Investment Trust Lloyds Batiking Group Rkitt Benckiser Group Smiths Group SSE Temple Bar ]nvestm¢nt Trnst Tesco Value & tncome Tnt Worldwide Healthcare Trust 408 2,224 1.310 1,220 1,940 1,302 663 840 1,458 277 2,997 643 1,824 2,542 1.073 338 1,770 1,058 1,600 1,324 955 639 489 1,458 264 2,759 543 1,445 2,502 912 20,721 l8,056 Overseas dlvldends: Ferguson GCP Infrastructure ]nvesttnents JP Morgan Global Core Real Assets Veritas Global Eq tncome 6,754 1,540 210 1,303 7,237 1,540 1,697 9,807 10,474 TOTAL £44,364 £40,787