# **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 2023** The Trustees have pleasure in presenting their report, together with the financial statements for the year ending 31[st] December 2023 ## **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 2023** ## **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 2023** ## **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 increased by 7.95% in 2023, while the capital value of the investments rose 3.29%. 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. The Trustees awarded grants in the year totalling £61,500. ## **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 2023** ___________________________________________________________ ## **Reserves Policy** The Trust’s reserve policy has as its main objective: 1. To maintain the Trust’s investment portfolio so as 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, 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 18[th] day of September 2024 and signed on their behalf by: Mandy Hill Amanda J Hill **Trustee** 4 **----- Start of picture text -----**
The Audrey Emma Lamb Charitable Trust for the 1114747
Welfare of Animals and Birds
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01/01/2023 31/12/2023
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Rental Income 17,109 - - 17,109 16,680
Investment Income 37,451 - - 37,451 34,692
Bank Interest - - - - -
Legacies - - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 54,560 51,372
AR) [ 54,560 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 54,560 - - 54,560 51,372
A3 Payments
Property Expenses 1,796 - - 1,796 830
Property Management Fees 2,203 - - 2,203 2,002
Professional Fees 468 - - 468 690
Donations Made 61,500 - - 61,500 65,000
Insurance 552 - - 552 482
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 66,519 ] - - 66,519 69,004
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 66,519 - - 66,519 69,004
Net of receipts/(payments) - 11,959 - - - 11,959 - 17,632
A5 Transfers between funds - - - - -
A6 Cash funds last year end 64,090 - - 64,090 81,722
Cash funds this year end 52,131 - - 52,131 64,090
**----- End of picture text -----**
CCXX R1 accounts (SS) 18/09/2024 1 |**Section B Statement of assets and liabilities at**|**Section B Statement of assets and liabilities at**|**the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
**Details**
**Details**
Current Account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and
payments account(s))
**Details**
Investment Portfolio
Rental Property|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**52,131**
**-**
**-**
**-**
**-**
**-**
**52,131**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Unrestricted**
**-**
**Unrestricted**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Amanda J Hill|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**995,066**
**205,000**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
18/09/2024| CCXX R2 accounts (SS) 18/09/2024 2 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Sectlon A Indepondent Examinerfs 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 2023 Charity no lif any) 1114747 Set out on pages 1 to2 I report to the trustees on my examination of the accounts of the above charity I'the Trust") for the year ended 3111212023 Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 1"the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 14515}Ibl of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below "l in connection with the examination which gives me cause to believe that in, any material respect.. accounting records 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 connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed- Date: 0811012024 Name: Andrew Russell Relevant professional qualificationls) or body lif any): FCCA Address: Garner Associates LLP 138 Bromham Road, Bedford Mk40 2QW IER October 2018 Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examineT wishes to disclose. IER October 2018