# **THE AUDREY EMMA LAMB CHARITABLE TRUST FOR THE WELFARE OF ANIMALS AND BIRDS (Registered Charity No: 1114747)** **Trustees’ Report For the year ended 31[st] December 2021** The Trustees have pleasure in presenting their report, together with the financial statements for the year ending 31[st] December 2021 ## **Legal and administrative details** The Audrey Emma Lamb Charitable Trust is a charitable trust number 1114747, governed by the provisions of the Will of the late Audrey Emma Lamb dated the 30[th] day of August 1996 and proved by the executors named therein on the 28[th] day of May 2004 in the Winchester District Probate Registry ## **Trustees and Administrators** The Trustees are: Mrs A J Hill – Chair Mrs E Smith Mrs K J Codrington The principal address is: The Courtyard, 30a Mill Street Bedford MK40 3HD The bankers are: Nat West Bank PLC 81 High Street Bedford MK40 1NE The independent examiners are: Garner Associates Chartered Certified Accountants 138 Bromham Road Bedford MK40 2QW New trustees are appointed by the Trustees after discussion with the existing Trustees and consideration of their suitability. The maximum number is four. 1 # **THE AUDREY EMMA LAMB CHARITABLE TRUST FOR THE WELFARE OF ANIMALS AND BIRDS** ## **Trustees’ Report For the year ended 31[st] December 2021** ## **Statement of Trustees’ responsibilities** The Trustees are aware of their responsibilities to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period. In preparing the accounts the Trustees have accepted the requirement to: - - Select suitable accounting policies and the apply them consistently, - Make judgements and estimates that are reasonable and prudent, - State whether the policies adopted are in accordance with the Charities Statement of Recommended Practice and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements, and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They accept responsibility for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Structure, governance and management** The Audrey Emma Lamb Charitable Trust is registered with the Charity Commission on the basis that it is established for charitable purposes and operates in accordance with the Will of the late Audrey Emma Lamb dated the 30[th] day of August 1996. The Trustees are experienced and actively involved in the Trust. The day-to-day management of the Trust is delegated to the Trustee Amanda Jane Hill. 2 ## **THE AUDREY EMMA LAMB CHARITABLE TRUST FOR THE WELFARE OF ANIMALS AND BIRDS** ## **Trustees’ Report For the year ended 31[st] December 2021** ## **Public Benefit Policy** The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our Aims and Objectives and in planning activities ## **Objective** The basic aim of the Trust is “at the Trustees sole discretion to apply the income for the benefit of named charities or such other charities as the Trustees shall decide in such shares as they think fit” In fulfilment of the above aim the Trustees believe that the assets and income should be used to support organisations that are concerned with animals or birds and in particular with their welfare or rescue from ill-treatment or abandonment. The Trustees are of the view that their support of organisations as stated is for the public benefit. ## **Investment policy** Dividend and interest income declined by 10.3% in 2021, although the Trustees are pleased to report that the capital value of the investments appreciated by 8.1%. As a result, the trust’s investment policy includes an all-important element of longer term strategy as well as income. ## **Activities and achievements** The Property is managed by professional letting agents and both flats were occupied throughout the year with minimal expenses. The Trust also benefited from a legacy of £11,250 from the late Wendy Levey and the Trustees awarded grants in the year totalling £57,000. ## **Organisational Structure** The Trust operates on a day-to-day basis through the Trustees who are actively involved with all operations of the Trust. All decisions are made by the Trustees as a body. 3 ## **THE AUDREY EMMA LAMB CHARITABLE TRUST FOR THE WELFARE OF ANIMALS AND BIRDS** ## **Trustees’ Report For the year ended 31[st] December 2021** ___________________________________________________________ ## **Reserves Policy** The Trust’s reserve policy has as its main objective: 1. To maintain the Trust’s investment portfolio so as to to provide long-term security, with a steady income flow to carry out the Trust’s objectives 2. To hold any unused income both for emergencies and future grants. ## **Risk assessment and management** The Trustees note the financial risks faced by the charitable company both in relation to its property and investments and the need to review its investments regularly. The Investment Managers provide regular reports and are fully aware of the Trust’s need to generate income, so as to avoid spending the original capital investment. A meeting is held at least once a year with the Trust’s account manager. Approved by the Trustees on the 10[th] day of October 2021 and signed on their behalf by: Mandy Hill Amanda J Hill **Trustee** 4 |**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
**1114747**
**The Audrey Emma Lamb Charitable Trust for the**
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
**Welfare of Animals and Birds**
01/01/2021
31/12/2021
ee ee ee|**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
**1114747**
**The Audrey Emma Lamb Charitable Trust for the**
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
**Welfare of Animals and Birds**
01/01/2021
31/12/2021
ee ee ee|**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
**1114747**
**The Audrey Emma Lamb Charitable Trust for the**
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
**Welfare of Animals and Birds**
01/01/2021
31/12/2021
ee ee ee|**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
**1114747**
**The Audrey Emma Lamb Charitable Trust for the**
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
**Welfare of Animals and Birds**
01/01/2021
31/12/2021
ee ee ee|**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
**1114747**
**The Audrey Emma Lamb Charitable Trust for the**
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
**Welfare of Animals and Birds**
01/01/2021
31/12/2021
ee ee ee|**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
**1114747**
**The Audrey Emma Lamb Charitable Trust for the**
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
**Welfare of Animals and Birds**
01/01/2021
31/12/2021
ee ee ee|**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
**1114747**
**The Audrey Emma Lamb Charitable Trust for the**
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
**Welfare of Animals and Birds**
01/01/2021
31/12/2021
ee ee ee|**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
**1114747**
**The Audrey Emma Lamb Charitable Trust for the**
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
**Welfare of Animals and Birds**
01/01/2021
31/12/2021
ee ee ee|**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
**1114747**
**The Audrey Emma Lamb Charitable Trust for the**
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
**Welfare of Animals and Birds**
01/01/2021
31/12/2021
ee ee ee|**Section A Receipts and payments**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**to the nearest £**
**A1 Receipts**
**1114747**
**The Audrey Emma Lamb Charitable Trust for the**
**Receipts and payments accounts**
Period start date
Period end date
**To**
**For the period**
**from**
**Welfare of Animals and Birds**
01/01/2021
31/12/2021
ee ee ee||**Last year**
**to the nearest £**
**CC16a**
-|| |---|---|---|---|---|---|---|---|---|---|---|---|---| |Rental Income
**16,680**||**-**||**-**|**-**|**-**||**16,680**|**16,680**||**16,440**|| |Investment Income
**30,872**||**-**||**-**|**-**|**-**||**30,872**|**30,872**||**34,399**|| |Bank Interest
**-**||**-**||**-**|**-**|**-**||**-**|**-**||**10**|| |Legacies
**11,250**||**-**||**-**|**-**|**-**||**11,250**|**11,250**||**-**|| |**-**||**-**||**-**|**-**|**-**||**-**|**-**||**-**|| |**-**||**-**||**-**|**-**|**-**||**-**|**-**||**-**|| |**-**||**-**||**-**|**-**|**-**||**-**|**-**||**-**|| |**-**||**-**||**-**|**-**|**-**||**-**|**-**||**-**|| |**_Sub total_**_(Gross income for_
_AR)_**58,802**||**-**||**-**|**-**|**-**||**58,802**|**58,802**||**50,849**|| |**A2 Asset and investment sales,**
**(see table).**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total receipts_**
**58,802**
**-**
**-**
**58,802**
**50,849**
**A3 Payments**
Property Expenses
**1,098**
**-**
**-**
**1,098**
**1,451**
———~~——~~||||||||||||| |Property Management Fees
**2,001**||**-**||**-**|**-**|**-**||**2,001**|**2,001**||**1,973**|| |Professional Fees
**660**||**-**||**-**|**-**|**-**||**660**|**660**||**780**|| |Donations Made
**57,000**||**-**||**-**|**-**|**-**||**57,000**|**57,000**||**2,000**|| |Insurance
**365**||**-**||**-**|**-**|**-**||**365**|**365**||**562**|| |**-**||**-**||**-**|**-**|**-**||**-**|**-**||**-**|| |**-**||**-**||**-**|**-**|**-**||**-**|**-**||**-**|| |**-**||**-**||**-**|**-**|**-**||**-**|**-**||**-**|| |**-**||**-**||**-**|**-**|**-**||**-**|**-**||**-**|| |**_Sub total_ 61,124**||**-**||**-**|**-**|**-**||**61,124**|**61,124**||**6,766**|| |**A4 Asset and investment**
**purchases, (see table)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ -**
**-**
**-**
**-**
**-**
**_Total payments_**
**61,124**
**-**
**-**
**61,124**
**6,766**
**_Net of receipts/(payments)_**
**- 2,322**
**-**
**- - 2,322**
**44,083**
**A5 Transfers between funds**
**-**
**- -**
**-**
**-**
**A6 Cash funds last year end**
**84,044**
**- -**
**84,044**
**39,961**
**_Cash funds this year end_**
**81,722**
**-**
**- 81,722**
**84,044**
———~~——~~
======||||||||||||| CCXX R1 accounts (SS) 23/10/2022 1 Section B Statement of assets and liabilities at the end of the period Unrestrlcterl Restricted Categorlès Detalls funds funds Endowment fund8 to n•8r&¥t£ B1 Cash funds Cuff•ntknunt 81.722 {agrne b*rK•s le￿1[￿ and unT￿trICt•d fund• Re•trtcted funds to n•*wi£ Endowm•nt funds to n••rMt£ D•tsll$ Fund to whkh Current v&lu• tlonol 1,096,396 Dètall8 Investynenl Port￿ 83 Inv•*¢m•nl a88ot• Unro•tdct•d 205,000 FWKI to D•tsll• ¢o•t lo￿0￿￿ ¢urr•nt OMI 84 A8•0ts r•taln•d ft>rth• charlty'8 own u•• FUNI to*thkh *AMunt dub D¢tsll* %%Tr•n du• 85 LlabS1ft1 Signad by gn¢ or tsvo trsJst••s on tEhaff of all th8 trustees S*ngttxe Prwrt Name Date of roval CCXX R2 accounts {SS) 2311012022 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of The Audrey Emma Lamb Charitable Trust for the Welfare OfAnimals And Birds On accounts for the year ended 31. December 2021 Charity no lif any) 1114747 Set out on pages 1 to2 I report to the Irustees on my exarnination of the accounts of Ihe above charity I'th8 Trust.) for the year ended 3111212021 Responsibilities and As the charity trustees of the Tnjst, you are responsible for the preparation basis of report of the accounts in accordance wtlh the requirements of the Charities Act 2011 {"the Act.). I report in respect of my examination of the Tru81's accounls Carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charily Commission under section 145{5llb) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below "} in connection with the examination which gives me cause to believe that in, any material respect: accounting r8cords were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in conneclion with the examination lo which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please dele18 the words in the brackets if they do not apply. Signed: Ixss •L." Date: 2111012022 Name: Garner Associates LLP Relevant professional qualification{sl or body Ilf any): FCCA Address". 138 Bromham Road Bedford Mk40 2QW IER October 2018 Section B Disclosure Only complete if the examiner needs lo highlight mallers of concern (see CC32, Independenl examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018