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 2024
The Trustees have pleasure in presenting their report, together with the financial statements for the year ending 31[st] December 2024
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 2024
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 acknowledge their responsibility to:
-
Select suitable accounting policies and then 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 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. The day-to-day management of the Trust is delegated to the Trustee Amanda Jane Hill.
New trustees are sought from the local area, where the Trustees perceive they have the relevant skills and knowledge the Trust requires and are often involved in similar activities and organisations as the Trust. Trustees are appointed in accordance with the Trust deed but receive no formal training.
2
THE AUDREY EMMA LAMB CHARITABLE TRUST FOR THE WELFARE OF ANIMALS AND BIRDS
Trustees’ Report For the year ended 31[st] December 2024
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
The Trustees aim to maintain a portfolio that generates a sustainable natural income, while preserving the real value of the underlying capital over the long term. In 2024, dividend and interest income declined by 5.5%, although the capital value of the portfolio rose by 4.28%. The Trust’s investment policy reflects a long-term total return approach, combining income generation with prudent capital growth. Investment decisions are made by the Trustees, acting on professional advice. A meeting is held at least annually with the Trust’s account manager, and regular reports are reviewed to ensure the portfolio remains aligned with the Trust’s objectives.
Activities and achievements
The Trust owns two residential flats which were fully let throughout 2024, providing consistent rental income. The properties are managed by professional letting agents on behalf of the Trust. Rental income, alongside investment returns, supports the Trust’s annual grant-making. In 2024, the Trustees awarded charitable grants totalling £52,800 to organisations concerned with the welfare, protection, and rescue of animals and birds.
3
THE AUDREY EMMA LAMB CHARITABLE TRUST FOR THE WELFARE OF ANIMALS AND BIRDS
Trustees’ Report For the year ended 31[st] December 2024
Financial Review
There was a deficit of payments over receipts in the year of £3,464 (2023 £11,959) with unrestricted cash reserves of £48,667 (2023 £52,131). The Trustees are satisfied with the financial position, with sufficient cash reserves and investments to maintain the operation of the charity.
Reserves Policy
The Trust’s reserve policy has as its main objective:
-
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
-
To hold any unused income both for emergencies and future grants.
Risk assessment and management
The Trustees regularly assess the financial risks associated with both the investment portfolio and property assets. Investment Managers provide periodic reports and understand the Trust’s requirement to generate income without drawing down on capital. Trustees meet at least annually with the appointed account manager to review performance, risk exposure, and alignment with the Trust’s objectives.
Approved by the Trustees on the 1[st] day of October 2025 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 Welfare of Animals and Birds 01/01/2024 31/12/2024 1114747 The Audrey Emma Lamb Charitable Trust for the Receipts and payments accounts Period start date Period end date To For the period from 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 Welfare of Animals and Birds 01/01/2024 31/12/2024 1114747 The Audrey Emma Lamb Charitable Trust for the Receipts and payments accounts Period start date Period end date To For the period from 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 Welfare of Animals and Birds 01/01/2024 31/12/2024 1114747 The Audrey Emma Lamb Charitable Trust for the Receipts and payments accounts Period start date Period end date To For the period from 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 Welfare of Animals and Birds 01/01/2024 31/12/2024 1114747 The Audrey Emma Lamb Charitable Trust for the Receipts and payments accounts Period start date Period end date To For the period from 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 Welfare of Animals and Birds 01/01/2024 31/12/2024 1114747 The Audrey Emma Lamb Charitable Trust for the Receipts and payments accounts Period start date Period end date To For the period from 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 Welfare of Animals and Birds 01/01/2024 31/12/2024 1114747 The Audrey Emma Lamb Charitable Trust for the Receipts and payments accounts Period start date Period end date To For the period from 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 Welfare of Animals and Birds 01/01/2024 31/12/2024 1114747 The Audrey Emma Lamb Charitable Trust for the Receipts and payments accounts Period start date Period end date To For the period from 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 Welfare of Animals and Birds 01/01/2024 31/12/2024 1114747 The Audrey Emma Lamb Charitable Trust for the Receipts and payments accounts Period start date Period end date To For the period from 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 Welfare of Animals and Birds 01/01/2024 31/12/2024 1114747 The Audrey Emma Lamb Charitable Trust for the Receipts and payments accounts Period start date Period end date To For the period from 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 Welfare of Animals and Birds 01/01/2024 31/12/2024 1114747 The Audrey Emma Lamb Charitable Trust for the Receipts and payments accounts Period start date Period end date To For the period from ee ee ee |
Last year to the nearest £ CC16a - |
||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rental Income 20,160 |
- | - | - | - | 20,160 | 20,160 | 17,109 | |||||
| Investment Income 35,389 |
- | - | - | - | 35,389 | 35,389 | 37,451 | |||||
| Bank Interest - |
- | - | - | - | - | - | - | |||||
| Legacies - |
- | - | - | - | - | - | - | |||||
| - | - | - | - | - | - | - | - | |||||
| - | - | - | - | - | - | - | - | |||||
| - | - | - | - | - | - | - | - | |||||
| - | - | - | - | - | - | - | - | |||||
| Sub total(Gross income for AR)55,549 |
- | - | - | - | 55,549 | 55,549 | 54,560 | |||||
| A2 Asset and investment sales, (see table). - - - - - - - - - Sub total - - - - - Total receipts 55,549 - - 55,549 54,560 A3 Payments Property Expenses 3,152 - - 3,152 1,796 ———~~——~~ |
||||||||||||
| Property Management Fees 2,419 |
- | - | - | - | 2,419 | 2,419 | 2,203 | |||||
| Professional Fees - |
- | - | - | - | - | - | 468 | |||||
| Donations Made 52,800 |
- | - | - | - | 52,800 | 52,800 | 61,500 | |||||
| Insurance 642 |
- | - | - | - | 642 | 642 | 552 | |||||
| - | - | - | - | - | - | - | - | |||||
| - | - | - | - | - | - | - | - | |||||
| - | - | - | - | - | - | - | - | |||||
| - | - | - | - | - | - | - | - | |||||
| Sub total 59,013 | - | - | - | - | 59,013 | 59,013 | 66,519 | |||||
| A4 Asset and investment purchases, (see table) - - - - - - - - Sub total - - - - - Total payments 59,013 - - 59,013 66,519 Net of receipts/(payments) - 3,464 - - - 3,464 - 11,959 A5 Transfers between funds - - - - - A6 Cash funds last year end 52,131 - - 52,131 64,090 Cash funds this year end 48,667 - - 48,667 52,131 ———~~——~~ ====== |
CCXX R1 accounts (SS)
11/10/2025
1
Section B Statement of assets and liabilities at the end of the period
==> picture [511 x 670] intentionally omitted <==
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Unrestricted|Restricted|Endowment|
|Categories|Details|funds|funds|funds|
|to nearest £|to nearest £|to nearest £|
|B1 Cash funds|Current Account|48,667|-|-|
|-|-|-|
|-|-|-|
|Total cash funds|48,667|-|-|
|—===|
|(agree balances with receipts and|
|payments account(s))|OK|OK|=|OK|
|Unrestricted|Restricted|Endowment|
|funds|funds|funds|
|Details|to nearest £|to nearest £|to nearest £|
|B2 Other monetary assets|-|-|
|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|-|-|-|
|——==|
|Fund to which|Current value|
|Details|asset belongs|Cost (optional)|(optional)|
|B3 Investment assets|Investment Portfolio|Unrestricted|-|1,037,619|
|Rental Property|Unrestricted|-|205,000|
|-|-|
|-|-|
|-|-|
|ee|
|Fund to which|Current value|
|Details|asset belongs|Cost (optional)|(optional)|
|B4 Assets retained for the|-|-|
|charity’s own use|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|-|-|
|meee|
|Fund to which|Amount due|When due|
|Details|liability relates|(optional)|(optional)|
|B5 Liabilities|-|
|-|
|-|
|-|
|-|
|ee|
|Signed by one or two trustees on|Date of|
|Signature|Print Name|
|behalf of all the trustees|approval|
|Amanda J Hill|01/10/2025|
|———|
----- End of picture text -----
CCXX R2 accounts (SS)
11/10/2025
2
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 Of Animals And Birds On accounts for the year ended 31st December 2024 Charity no (if any) 1114747 Set out on pages 1 to2 I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 3111212024 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 ("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 145(5)(b) 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 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: 1311012025 Name: Andrew Russell Relevant professional qualification(s} or body (if 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 examiner wishes to disclose. IER October 2018