Charlty number: 1139577 THE UNCLE BILL TRUST UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
THE UNCLE BILL TRUST CONTENTS Paga Reference and admlnlstratlv8 dots11s of th6 Chartty,118 Trust••8 and •dvl$ers Trustees. roport Indepondent examln?rfs reF)Ort Statomont of flnanclal actlvltl•s Balancè sho•t Notes to th• flnanclal statements 7-14
THE UNCLE BILL TRUST REFERENCE AND AI)MINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVtSERS FOR ThE YEAR ENDED 31 DECEMBER 2022 Tru8te68 Mr J R Perrin Mr M S Hansall {r8signad 4 O¢tober 20221 Mrs H M Walker Miss F M Tibbitts lapp(Ynled 4 October 20221 MrAdam B Williams lappointed 4 October 2022} Charlty roglsterod nurnr 1139577 Prlncipal offlce Mi118 & Reèva 78- 84 Colmore Row Birmin9ham B3 2AB A¢countant8 Crowe Ll.K. LLP Chgrtgred AcGounlanls Block Country House Rounds Green Road Oldbury West Midlandy 869 2DG Page 1
THE UNCLE BILL TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Th6 TTu$lees presanl their yearfy annual report tether with tha financial statements of Th8 Uncle Bill Trust Ilhe charity) for the ended 31 D6eember 2022. The Twslees conflm that thè Annual report and financial slatem8nts of th8 charity eompty with tho current slalutory requirements. tho requirements of the charity's governing docum8nl and the provisions of the Slalement of Recommended Piactica Charities SORP IFRS 1021 "Accounting and Reporting by Charities. effective 1 January 2019. structure. governance and management . CONSTrruTION Th8 Unclg Bill Tru8t18 constituted by a Trust Deed made in Octobar 2010 and 18 a registared charity, number 1139577. The charty is Gontrolled by ils goveming do¢um8nt, a dee(l of trust. and con8titules an unincorpoTrted charity. b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES The managemènt of the charty is the responsibllty of tha Trustees who are elected and ¢QwQPted under the lam)s of the Trust doed. e. ORGANISATIONAL STRUCTURE AND DECISION MAKING In Selling the charity's policy antj plannin9 its activities, th¢ Ttu$te88 have given careful wnsbderation lo th8 Charity Commission's general guidanc8 on publK benefit. ObJo¢tlv•s and Actlvltlag a. POUCIES AND OBJECTIVES The principal objo¢1 of the charity is to provhle gift$ to charitable organigatlons. tsking into account the wishe8 of tho founder. The charitable obj¢d$ are lo app the income, and all ¥uch parts of the capital as the Trustees think fit Iwhèlher through donations lo other charits'8s or by any other chaitable means). lor or knvards such charitable purposés the Trusleos think fil. Publlc benafil The Charfty Commission in its'charities and Public 8eneffif Guidance stales that th8r8 8re Iwo key principles to be mel in order lo show that an organlsation's aims a lor the public benefit-. firstly, th8r8 musl be an identifiable ben8fil and secondly, that the benefit musl be lo the public or a section of the public. The Trustees are satisfied that the aims and objectives of the charity. and tho activiires reported on below to achlwa those aims, meet these prfnciplgs. The charity is provftjing publ benefit lo Charitable Ofganisalions by making donation8 to Ihom. The charity 18 making grants lo other charities or any other tharitable means for the public bénefrt. Page 2
THE UNCLE BILL TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 Achlevemènt and porfomianc6 . REVIEW OF ACTIVITIES Thg charity made gifts of £48,249 12021: £36.349) to various chariti86 for public benefit purposès in the ye8r. The rnaln aChIevent durrng the year has boen tho provisn of Gharitable donations lo various local an national charrties. Flnanclal revl8w a. RESERVES POUCY Tho Charills pnncipal funder is the lounder of the charity. Grant funding is only commttt8d after ¢onsid6rallon of the funds available after deducting running coats. Thè TnJsts68 do ther6for8 not congid8r it nèc8ssary or appropriate lo hold slgnifkanl free reserves. b. FUTURE OEVELOPMEMTS The Charty$ plang for the futuro are to conlinue to pif>vido grant$ of a eharitsble naturg lo oth&r UK registered ¢harille$ taking Into a¢¢tyJnt tho w$hes of thg founder. Statomont of Trust808' re8ponslblllll The Trustees are re$ponsibb for preparing the TNsltss' report and the finan¢lal sL&ments in a¢¢ord8nce with applicablo18w and United Kingdom Accounting Standards (Unrted Kingdom Generalty Accepted Accounts'ng Praclicel. The law applicable to charrties in England & Wales r8quir6S th8 Trusteés to pr8par8 financial slatemonls for each financial year which giv? a true and fair view of the stale of affairs of th& Charity and of its incoming resources and 8pplication of resource8, including its Income and expendf(ure, for that perlod. In preparfng thè30 financial stat8menls, the Trustees art required lo. Select suitable aecounling policies and then appty them consislenty, observe the methods and principles of the Charities SORP IFRS 102): make judgrnenls and awounting estimates that are reasonable and pru(lent', slala wheth9r applicable UK Accounting Standards IFRS 1021 have be&n followed, gubjecl lo any material departur8s disclosed and explained in the financial statements.. prepare the financial 8lalemenl8 on the going concem basi8 unless 11 is inappropriate to presume Ihal the Charity wlll continue in busine. The Trustee8 are responsible for keeping equale accounting records that are sufficient lo show and explain the Charity's transactions and disclose wlth reasonab16 accuracy at any lim6 thè financial position of the Charity and enable them to ensure that the financial statements compty wlh the Charitl8s Act 2D11, th8 Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsiblè for safeguarding the assets of the Charity and hence for laklng reasonable steps lor the prevention and daleelion of fraud and c>lher irregularitiès. Approved by order of the membefs of the board of Trustees on 26 October 2023 and signed on their behalf by.. Mr J R Porrln Page 3
THE UNCLE BILL TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Indepondant Examlnerfs Report to the Trustoes ot Tho Uncle Blll Tnt I'tho Charlty.) I report lo the Charity Tru51ee$ on my examination ofthe accounts of the Charity for the year ended 31 Decamb8r 2022. Ra8pon8lbSlltlos and Basls of Report As the Trus1è95 of the Charity you are responsible for thg Preparat of the accounts in accordance wh the requlramants of th8 Charrties Act 20111'lhe 2011 ACVI. I report in resp8Ct of my examinats'on of the Chantls accounts carriad out und8r 58Ctlon 145 of the 2011 Act and in carying out my èxamination I hav? followed the applwble Directs'ons gNen by the Charity Commission under Section 145lSllbl of tha 2011 Acl. Indopondent Examlner's Statem•nt Your attention 15 drawn to the fact that Ihg Charity has prepared th8 accounts in accDrdance with Accc*Jnllng and Rèporting by Charities.. Slalemenl of Recommended Pract8 applicable to charities prèparing their 8cwunt$ in accordanca wth the Financièl Reporting Standard 6ppI In the UK and Republlc of Ireland IFRS 1021 in preference to tha Accounting and Reporting by Charities.. Statement of Recommended Practice issugd on 1 Ap1 2005 whith l¥ referred to In the gxtant regulalKJns but has been withdrawn. l under51and that this has ljeen done in order fty th• accounts lo provide a lrne 8nd falr vl&w In a¢¢ordance with the Generalty Accepted Accounting Practic8 off8¢tiVg lor r8porting periods beginning on or after 1 January 2015. I h8v8 ¢ompl¢led my examination. l ¢onfimi th81 no mallers have come to my attention in connection with th8 exgminalion giving rn8 cause lo telieve that in any material respect.. accounting records were not kept In respect of the Charty as requirèd by $oction 130 of the 2011 Act,. or the a¢¢ounls do not a¢¢ord wrth th089 ro¢ords,' or the aGGounl8 do not comply with the applicable requirements concaming the fom and content of accounts sel out in the Charitiès (Accounls and Reports) Rggulalions 2008 other than any roquirgmenl that the acc¢)unts give a'lrue and fairf view which ss not a matter considered as part of an independ6nl 6xamin81ion. I have no concerns and have come across no othér mattèrs in connedion with the examination to which attention 8hould be drawn in thi$ report in order to enabl8 a prop8r understanding of the accounts lo ba reachèd. This report is made solely to the Charitys Tnjslees, as a body, in accordance with Part 4 of tho Chariti&s (Accounts and Reports) Regulations 2008. My work has been undertaken so Ihal I mwhl slate lo the Chartys Trustees those matters l arn requir8d lo stale to them in an Independent examinerfs report and for no other purpose. To the fullest extent pemiitted by law, I do not accept or assume responsibility lo anyone other than the Charity and the Charivs Trustaès as a body, for my work or for this rgPQrt, Sign¢d.. (G Kery Brown FCA Dated. 26 October 2023 CROWE U.K. Black Country House Rounds Green Road Oldbury Wesl Midlands B69 2DG Page 4
THE UNCLE BILL TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022 Unrostrictsd funds 2022 Total funds 2022 Tolal funds 2021 Mote Income from: Donations and legacies 50,0(1O 50,000 60,000 Total incom• 50,000 60,000 Exp•ndltur• on.. Charitable activities 62,180 62,180 47,636 Total èxpondStur• 62,180 62,180 47,636 N•t mov•m•nt In fvnd# 112,1801 112,1801 12.364 R•conclllatlon of fundg.. Total funds brought fOard Nel movement In funds 17,337 {12.1801 17,337 112,1801 4,9T3 12,364 Toial funds ¢arrl•d fop•vard 5,157 5.167 17.337 The Statement of Financial Actiwtses inraudes 811 gain8 and b)sse8 reccgntsed in the year. The not¢8 on pages 710 14 fomi part ol Ihe8e financial statements. Page 5
THE UNCLE BILL TRUST BALANCE SHEET AS AT 31 DECEMBER2022 2022 2021 Not0 Currant •$sets Cash al bank and in hand 9,007 19,831 9.007 19,831 Credltor8.' amounts falllng due thIn ona yeai 13.850} (2.494) Net currgnt assots 6.157 17,337 Total a¥sgts19¥8 curront IlabilltltrJ 5,157 1T,337 Totsl n•t 4$80ts 5,157 17,337 Charlty fund8 Reslricled funds Unre8lncteLI funds 11 11 6,167 17,33T Total funds 5,157 17,337 Thg financial statements were approved and aulhorised for issue by thè Trust808 on 26 October 2023 and signed on their b8half by.. Mr J R Perrln Tho nol88 on pages 7 to 14 form part of Iheso financial statements. Page 6
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2022 General Infonnatlon The Uncl8 Bill TnJsL fom)eth The NKJht Garden Charity. is a tharty constitutod by a Deed of Trust in England, whos8 prineipal office is Mi115 & Reeve. 78-84 Colmore Row, Bimiingham, B3 2AB. 11 has no share wjilal. Its principal activtty is to provide gifts lo charitable organisations. Accountlng polici 11 Basls of preparatlon of flnanclal statements Tha financial statements have been pr8parod in accordanca with the Charities SORP IFRS 1021 Accounting and Reporting by Charrties.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance %wth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 (effedive 1 January 20191, the Financial Reportino Standard applicable In the UK and Republic of Ireland IFRS 1021 and the Chaiitias Act 2011. The financlal slalements have boon prapargd lo gNo 8 'trug and fairf view and have ¢Jeparted from the Charrties (Accounts and Reports) Rogulalions 2008 only lo th8 extent required lo provida a 'lNe and fai¢ vrew. This departure hag inwJlved flowIng the Chariti88 SORP IFRS 1021 published in October 2019 rather than the Aecounling and Reporting by Charrti6s'. Slatem8nl of Recommended Pracllce effactive frcyn 1 April 2005 whh has 8in¢e b¢en withdrawn. Thé Unclo Bill TTUSI meels the definOn of a public benefrt 8ntity under FRS 102. A88018 and Ilabililios ar8 initially rectsJni8ed at historical cost or trans8Ction valua unles8 otherwise stalod In the rolèvanl accounting policy. 2.2 Golng concom Tha charity has cash resources and has no requirement for ext8mal funding. The Iruslees havo rèasonabl8 expectation that the charity has adequate resourc68 lo continue in operational existence for the for8seeable future. They continue lo believè the going eoncem basis of accounting approwiate In préparing th8 annual financral statements. 2.3 Income AJI incomg is recogni8 once the Charity has enlillemenl to the Incom8. 11 is prc)bablg that Ihg income will be recelved and th8 amount of ineoma r8c¢ivabl¢ be measured rgliabty. 2.4 Exp8nditure Expenditurè is recognised once there is a legal or construthe obligation to transfer economle banafil lo a third paty, it is probable that a transfer of economic benefrts w711 be required in Settlement and the amount of the ¢)bligalion can be measured reliably. Expendrture is classified by tIVity, Tho eosts of each aetivty ara made up of the total of direct costs and shared cost8, including support costs involved in undertaking 8ach activty. Direct costs 8ttribulable to a single activity are allttaled directly lo that activity. Shared costs which Contribute lo more than one activity and support costs which are not attributable to a single activty are apporthjned b8tW8en those adivilies on a basis consislenl with the use of resour. Central sloff costs are allocated on the basis of lime spent, and depreciation charges allocated on the portj'on of the asset's use. Expenditure on charTtable a¢tNth"es is incurred on directty undertaking the actwities which further the Charit5 objectives, as wdl as any associated 8UPPOrt o)sts. Page 7
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng pollcles Icontlnuodl 2.4 Expenditure Icontlnuedl Grants payable are charged in th8 year when the offer is made except in those cas&s wh8re th8 off6r 18 conditional. such grants being recognised as oxp8ndiiur8 when the conditions attaching are fvwilled. Grants offered subject lo conditions which havo not been mèt al the year and are noted a8 a commitment. bul not awued as oxpendilure. The names of Ihfr institutions receivfng grants out of trust fund8 administered by the repprting charity are not disclosed during the lifetime of the fourKler or spouse, as providad by tho Charities Act 2011. All expendffure is inclusNe of itTecov8rab VAT. 2.5 Cash at bank and In hand Cash al bank and In hand includes c8$h and $hort-lemi highly IKJuhl inva8lm8nl$ with a short maturity throe months or from dale of acquisition or opaning of the depo$rt or $imilar account. 2.6 LlabSlltlé# and provlslons Liabi1rtS are recognised when there is an obligation al the Balance shaél dal8 as a rosull of a past event, it 1$ probable that a transfer of economic ban•fit will be required in settlement, and tho gmounl of th8 Settlement can be e81imated reliabty. Liabllltles are racognised 8t the amount that the Charlty anticipat$ it wll pay to settle the debt or th& amount rt ha$ reIved as aoanced payments for the goods or services il mu81 provlde. Provisions are measured at th8 bgst estimate ol the amoun18 r4uired lo $èttl• the obligauon. Whgrg the effect of the time value of money is m81erial. the provision is based on the present value of those amounts. discounted al the pre-tax discount rale that reffects the risks SpeCC lo thè liability. The unwinding of the discount Is r8cognis8d in the statent of financial activities as a finance cog1. 2.7 FinanGlal Instruments The Charity onty ha5 financial assets and financial Ikqbililies of o kind that qualfy as bas1¢ financial Instrurnenls. Basic finan¢i81 inslnJmenls are initially recognised al transaeti¢)n value and subs8quenlty measured al their settlement value with the exception of bank loans which aro Subsequently rnea8ud al amortised cost using the effeclive interest method. 18 Fund accounllng General funds are unrestricted funds whth are available for use al the digcretion of the Tru81ees in furtherance of the general objectives of the Chaitty and which have not been designated for other purposeg. Page 8
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Income from donatlons and lega¢l Unrestrlcted funds 2022 Total funds 2022 Total runds 2021 Donatlons so,coo 50,000 60,000 Total 2021 60,L 60,OQO Analysls of grants Grants to Instltutlons 2022 Total fund¥ 2022 Total funds 2021 Grants lo inslhullon$ 48,249 48,249 36,349 To1812021 36,349 36.349 Analysls of exp6ndltur• on Charftable actlviiies Summary by fund typo Unrestricted funds 2022 Total 2022 Total 2021 Support eost5 Grants to institutions 13,931 48,249 13,931 48,249 11,287 36,349 62,180 62.180 47,536 Total 2021 47,636 47,636 Page 9
THE UNCLE LL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Anatysls ol •xpeTrditurg by activities Grant fundlng of activlti 2022 Support costs 2022 Total funds 2022 Tolol lunds 2021 Support costs Grants lo institutions 13,931 13,931 4e,249 11,287 36,349 48,249 48,249 13,931 62,180 47.636 Total 2021 36,349 11,287 4T,S36 Analysts 018upport Total funds 2022 Total funds 2021 AGtlvltle3 2022 Independènt gxamination fee8 Admlni8talion charge8 1,138 12,793 1,138 12,793 1,026 10,261 13,931 13,931 11,287 Tot812021 11,287 11,287 Independent examinerfs remunerallon The ind8pendenl examinerfs remuneration amunts to an independent examiner fee 01 £1.13812021 . £1,026). Trustges. rgmunerntlon and expgnges During the year, no Trustees receNed any remuneration or ¢)ther benofits {2021- £NIL). During the year ended 31 December 2022, no Truste8 expenses have been incurred {2021- £NILJ. Pag8 10
THE UNCLE BILL TRUST NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Credltors: Amounts falllng due wlthln one y6ar 2022 2021 AccnJal8 #nd def8rred income 3,850 2,494 10. Flnanclal In8trumonts 2022 2021 Flnanclll assets Financial assets m8a8ured al fair value through income and èxpendilura 9,007 19,831 FinanGlai assets measured al amorti¥ed cost compriwd ¢ash at bank, FSn8n¢ial Ilabllitres measurèd at amorti8ed ¢o$t MpriseS accru816. Page 11
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 11. Statoment of funds ststement of funds- current year Balance at 31 D8cgmber 2022 BalanGo at 1 January 2022 Incomo Expanditurg Unrestrlctsd funds Genaral Funds 17.337 so,000 182.1801 6,157 Pag8 12
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 11. Stat•mont of funds Icontlnuod Statemant of funds - prlof year Balance at 1 January Balanc8 al 31 December 2021 Income Expondrtu Unr•strlcted funds General Funds 4,973 (47,636? 17,337 12. Summary of fund? 8ummary of funds- current yoar 8alane• at 31 DeGember 2022 Balanco at 1 January 2022 Incomg Exwndlture General funds 17,337 60.000 (62,1801 6.157 Summary of fund8- prior y•ar B&l8ncv 91 l Janu81y 2021 Balance al 31 D8cemb&r 2021 In¢on79 Exp8nditur8 General fvnd8 4,9T3 (47, 636) 17,337 13. Analy$ls of ngt assets betwwn funds Analysls of net as$•ts between funds - current year Unrestricted funds 2022 Totsl funds 2022 Current assets Credrtors duo wthin one year 9,007 {3,850} 9,007 {3.8501 Total 5,157 5,157 Page13
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 13. Analy$ls of not assats botw•én funds Icontlnuod) Anaty818 of not ajtyets belwwn fvnds- prlor year Unrnst17Cted funds 2021 Tot lunds 2021 Current assets Cr8d(fors due wilhln one year 19,831 {2.494) 19,831 (2,494) Total 1T,337 17,337 14. Related party tran8•Ctlon• Thera w•rè no related party transactions lor the year ended 31 Dnber 2022. Page 14