CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0610412023 Period start date To 0510412024 Period end date Charity name: The Mrs K D Winstone Charitable Trust Charity registration number: 1129746 Objectives and Activities SORP refe￿nCe Para 1.17 Summary of the purposes of the charity as set out in its governing document The objects of the Trust are exclusively charitable objects and purposes for the benefit of the town of Cirencester as the Trustees in their discretion think fit. 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. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.17 and 1.19 The Trustees met regularly throughout the year to make informed decisions, consider distribution of funds and to review the Charity's investments. Para 1_18 In planning the Charity's activities for the year the Trustees kept in mind the Charity Commission's guidance on public benefit. Additional information (optional) You ma choose to include further statements where relevant about: SORP ￿fErEnCe Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Para 1.38 Other Achievements and Performance SORP refe￿n The achievements of the Charity are indicated by grants made as disclosed in the accounts and in summary these Summary of the main achievements of the charFty. identifying the drfference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Parn 1.20 Made to various small charities and organisations for the benefit of the people of Cirencester being - £609,024 Additional infonnation (optional) You ma choose to include further statements where relevant about: Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Para 1.41 Other Financial Review Review ofthe charty's financial position at the end of the period Pafa 1.21 The Trustees reviewed the Charity's financial position at the end of the period and it was considered to be satisfacto By virtue of the nature of the Charity the Trustees do not consider it necessary to hold reserves in addition to the invested ca ital of the Chari None As above statement explaining the policy for holding reserves stating why they are held Paia 1.22 Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any Un￿rtaIntieS about the charity continuing as a going concern Para 1.22 Para 1.22 Para 1.24 None Para 1.23 None Additional infonnation (optional) You rna choose to include further statements where relevant about: The charity's principal sources of funds (including any fundraising) Parn 1.47 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 trusts: Type of goveming document itl Llit deed . i o￿al cl.4.ttof I How is the charity constituted? (e LiniiJ,=ofporal>d socialion. C,'Oj 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 trustees Para 1.25 Trust Deed dated 19th December 2008 Para 1.25 By Will Trust Para 1.25 New trustees, are appointed by the existing trustees by resolution having regard to the new trustees, personal and professional qualifications. Additional information (optional) You ma choose to include further statements where relevant about: Policies and procedures adopted for the induction and training of trustees Pard 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 Other Reference and Administrative details Charit name Other name the cha ' uses Re istered chari number Charity's principal address The Mrs K D Winstone Charitable Trust None 1129746 7 Dollar Street Cirencester Gloucestershire GL7 2AS Names of the charity trustees who manage the charity Trustee name Office lif any) Dates acted if not for whole ear Name of person {or body) entitled toa oint truste ifan P T Beckerlegge APlves Chaitman Trustee A J Chapel R R Mullings Trustee Trustee 10 11 12 14 15 16 17 18 20 Cor orate trustees - names of the directors at the date the re Director name ortwasa roved Name of trustees holding title to property belonging to the charity Trustee narne Dates acted If not forwhole ear Funds held as custodian trustees on behalf of others Description of the assets None held in this capacty Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects NIA Details of arrangements for safe custody and segregation of such assets from the charity's own assets NIA Additional information (optional) Names and addresses of advisers (Optional information) Type of Name Address adviser Investment Broker Rathbones (Incorporating Investec Wealth) Wenn Townsend 7th Floor, 111 Victoria Street, Redcliffe. Bristol, BS16AX Accountants 5 Gosditch Street, Cirencester, Glos GL7 2AG 7 Dollar Street, ciren￿5ter, Glos GL7 2AS Solicitors Sewell Mullings Ltd Name of chief executive or names of senior staff members (Optional inforniation) NIA Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the char" 's trustees Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Philip Treglown Beckerlegge ChairMan￿rUStee Date CHARITY COMMISSION FOR ENGLAND AND WALES Recei ts and ments accounts CC16a For the period Section A Receipts and payments Unrestricted funds Restricted funds Endowment funds Totsl funds LaSt￿r to the nearest to the nearnst£ to the nearÈst £ to th8 nearost £ to thé nearest È A1 Recei Inler8sl Investrnent Incom& Grant retumed Donation ts 777 37,473 24104 24.104 tota ross income or •218 28.218 3B.250 set an Investment sa es, see table Investment Sales Loan ￿paY[￿ent from Ciren¢ester Open P¢x)I 441,544 441,544 67,467 441.544 441.544 67.467 Total receipts 469,782 A3Pa ments Grants Stockbrtiker5 FeÈs Adminislralv)n incbjding Clerks Fees Accountsn15 Fees Trustees Expenses Disbursments 609,024 4.633 58,800 809.024 4.633 58.800 1.50Q 233 57.910 7,493 55,200 1,380 149 233 Sub total 67*K678 67A.678 122,132 A4 Asset and investment purchases. (see Irvestment Purchases Sub total Total payments 674.678 674,678 122,132 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 204.916 204,916 16.415 393,607 188.691 .60 188.691 10,02 393,607 CCXX R1 accounts ISSI 2510912024 Section B Statement of assets and liabilities at the end of the period Unrestricted funds to Marest £ Restricted funds to n￿reSt t Endowment funds tts neare$t £ Categories Details B1 Cash funds Soliotors Chent AccoL¢nt 158,589 Investec 7,602 Lbyd5 8ank 2ZS00 Total cash funds 188,691 a¢c(Krt($ll Unrestricted fvnds Restricted funds to n8ar8St £ Endowment funds to nearnst £ Details to nea¥est£ B2 Other monetary assets Qrencester Open Air PIX￿ (reStr￿ted 630.000 grant repayable rf prtspthty sdd 21 year5 of granl bwng rnadel New 8rèwery Arts Iresiricted 436.500 repayabk rf property 501d w¢hin 21 yeHr5 01 grant beiry mthl Fund to whiGh a55et belon Endowrnent Curront value tional 532.417 Details Cost loptionar) 262,297 B3 Investment assets Investec Portfo￿0 Valuation Fund to which asset b8lon Cost loptionall Current value tlonal Details B4 Assets retained for the charitys own use Fund to which relat85 uDre5tncted Amount due tional Vlhen due onal Details Wenn TcY•msend- Acccmjntants B5 Liabllities Sewdl Muifings Log*e- Clerk unrestncted 15,000 Signed by one or tsvo trustees on behalf of all the trustees Signalure Print Name Date of roval LOL CCXX R2 accounts ISSI 2510912024 THE WINSTONE CHARITABLE TRUST INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE WINSTONE CHARITABLE TRUST I report to the Trustees on my examination of the accounts of the above Charity ('the Trust.) for the year ended 5th April 2024, which are set out on pages 1 and 2. Responsibilities and basis of report As the charty trustees of the Trust you are responsible for the preparation 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 Act and in carrying out my examination I have followed all the applicable Directions given by the Charty Commission under section 145(5)(b) of the Act. Independent examineffs statemeftt I have completed my examination. I confirm that no material matters have Come to my attention in connection with the examination gtving me cause to believe that in any material respect.. accounting records were not kepl in accordance with Section 130 of the Act., or 2. the accounts do not accord with the accounting records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Ag/6¢* Name: Ruth Herbert Relevant Professlonal qualification or body: FCCA Address". Wenn Townsend 5 Gosditch Street Cirencester Gloucestershire GL7 2AG Date: 17 December 2024