Charity number: 1139577 THE UNCLE BILL TRUST UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
THE UNCLE BILL TRUST CONTENTS Page Rofvron¢o and admlnistrativo dots11$ of the Charity. Its Tru$tsos and advisors Trustees. report Ind•p•nd•nt •xamln•r's rnport Statsmont of financial activiti Balancè sht•t Nol•8 to the financlal $tstsm•nts 7-12
THE UNCLE BILL TRUST REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2023 Twstees Mr J R Perrin Mrs H M Walker Mrs F M Tibbitts lappoinled 4 October 20221 Mr Adam B Williams lappoinled 4 October 2022} Charlty reglstered number 1139577 Principal offic Waresley Grange Worcester Road Waresley Kiddeminsler Worcestershire DY11 7XL Accountants Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury Wesl Midlands B69 20G Page 1
THE UNCLE BILL TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustee5 present their yearfy annual report t¢)gether with the financial statemen15 of The Uncle Bill Trust Ilhe charity) for the year ended 31 December 2022. The Trustees confim that the Annual report and financial ststements ol the Charity Comply wth the Current statsjtory qUIreMents. the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice Charrties SORP IFRS 1021 "Accounting and Reporting by Chanties" effecb've 1 January 2019. Structur•. governance and manag•m•nt a. CONSTITUTION The Uncle Bill Trust is conststuled by a Trust Deed made in ¢)ctober 2010 and is a registered charity, number 1139577. The charity is Controlled by its goveming document, a d8ed of trust, and conslilule$ an unincorporated charity. b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES The management of the charity is the responsibility of Ihe Trustees who are elected and ctropled under the term$ of the Trusl deed. e. ORGANISATIONAL STRUCTURE AND DECISION MAKING In setting the charity's policy and planning ils activities. the Trustees have given careful consideration lo the Charity Commission's general guidance on public benefit. Objectlvos and Actlvltlos . POLICIES ANO 08JECTNES The principal object of the ¢hanty is to provide gffts to charitable organisatn$, taking into account the w$he8 of the founder. The charitable objects are lo apply the income. and all Such parts of the capital ag the Trusteeg think fil Iwhelher through donations lo other charities or by any other chantable means). for or towards such charrtable purposes the Trustees think frt. Public benefit The Charity Commission in its 'Charrtres and Public Benefif Guidance slates that there a key principles to be met in order lo show that an organis*ion's aims are for the public benefit firslty. there musl be an identifiable benefit and secondly. that the benefit must be lo the public or a sedion of the publi¢. The Twstee$ are satisfied that the aims and objectives of the charity, and the aciivrties reported on below to achieve those aims, meet these prInpIeS. The charity is providing public benefit to charitable organisats'ons by making donation5 to them. The charity is making grants lo other chanties or any other charrtable means for the public benefit. Page 2
THE UNCLE BILL TRUST TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Achievement and performanc• . REVIEW OF ACTIVITIES The charity made gifts of £55,570 12022.. £48,249) lo various charities for public benefit purpose5 in the year. The main achievement during the year has been the provision of charitable donations to various local and national charities. Financial review a. RESERVES POLICY The Charity's principal funder is the founder of the charity. Grant fvnding 1$ only committed after ¢on$ideratign of the funds available after deducting njnning costs. The Trustees do therefore not consider il necessary or appropriate lo hold significant free reserve5. b. FUTURE DEVELOPMENTS The Charity's plans for the fvture are to continue to provide grants of a charitable nature to other UK registered chanties taking into account the wishes of the founder. Statsment of Truslg9$' wpon$lbilitio$ The Trustees are responsible for preparing the Trustees. report and the finanrjal statements in accordance with applicable law and United Kingdom Accounting Standards {Unrted Kingdom Generally Accepted Accounting Praclicel. The law applicable to charities in England & Wales requires the Truslees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the Charty and of rts incoming resources and application of resources. Including Ils InMe and expenditure, fof that period. In preparing these financial slalements. the Twslees are required lo. Select suitable accounting policies and then apply them consislenuy". observe the method$ and principles of the Charities SORP IFRS 1021., make judgments and accountsng estimates that are reasonable and prudent.. slate whether applicable UK Accounting Standards IFRS 1021 have been followed, Subje to any material departures disclosed and explained in the financial statements., prepare the financial slalemenls on the going concem basis unless il Is inappropnate lo presume that the Charity wll ntinUe in busine$s. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the Charity's Iransathons and disclose wlh reasonable accuracy al any time the financial position of the Charty and enable them lo ensure that the financial statements Comply wlh the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions ol the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection ol fraud and other irregularities. Approved by order of the members of the board of Trustees on Oct 24. 2024 and signed on their behalf by.. MT J R Perrin Page 3
THE UNCLE BILL TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Independent Examinerfs Report to the Trustees of The Uncle 8111 Trust {Ihe Charity'l I report lo the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2023. Responsibilities and Basis of Report As the Trustees of the Charity you a sponsible for the preparation ofthe accounts in accordance wf(h the requirements of the Charits'es Act 2011 llhe 2011 Act'l. I report in respect of my examination of the Charrty's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the appts"cable Direth"ons given by the Charity Commission under section 1451511bl of the 2011 Act. Independent Examin•fs Statomenl Your attention Is drawn lo the fact that the Charity has prepared the a¢¢ounls In accordance with Accounting and Reporty'ng by Charities Stslemenl of Recommended Practice applicable lo Charities preparing their accounts in a¢¢ordan¢e with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporb'ng by Charibes.. Statement of Rewmmended Pra¢tice i$$ued on 1 April 2005 which is referred to in the extant regulations but has been wthdrawn. l understand that this has been done in order for the accounts to provide a true and fair view in accordance the Generally Accepted Accounting Practice effective for repo.ng periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attenb'on in conneth'on with the examination giving me cause lo believe that in any material respect.. accounting records were not kept in respect of the Charity as required by sects'on 130 of the 2011 Act., or the accounts do not accord with those records,. or the accounts do not comply wlh the applicable requirements conceming the form and conlenl of accounts sel out in the Charrties (Accovnls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connects.on wth the examination lo which attention should be drawn in this report in (xder to enable a proper underslanding of the accounts to be reached. This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might stale lo the Charity's Trustees those matter51 am required lo slate to them in an Independent examinerfs report and for no other purpose. To the fullest extent permrtted by law. I do not accept or assume responsibility lo anyone other than the Charity and the Charity's Tru$tees as a body. for my work or for this report. Signed.. Dated.. 24 October 2024 Helen Blundell LLB FCA FCIE DChA 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 2023 Unrnstricted fund$ 2023 Total funds 2023 Total funds 2022 Not• Income from: Donations and legacies 70,000 70,000 50.000 Total incomo 70,000 70,000 50,000 Exp8nditure on: Charitable acliwtses 68,437 68,437 62, 180 Total 8xp8nditure 68,437 68,437 62, 180 Ng1 movement In fund¥ 1,563 1,563 (12, 180) Ro¢oncllSatSon of funds: Total funds brought forward Nel movement in funds 5,157 1.563 5,157 1,S63 17,337 (12, 180) Totsl funds carrl•d forward 6,720 6,720 5, 157 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 7 to 12 fom part of these financial stslements. Page 5
THE UNCLE BILL TRUST BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Nots Current assets Cash al bank and in hand 11.261 9,OOT 11,261 9,007 Creditors.. amounts fallin9 due within one year 14.5411 (3,850? Ng1 Current a$$gts 6,720 5, 157 Total not a8Sots 6,720 5, 157 Charlty funds Reslricled funds Unrestricted funds 10 10 6.720 5, 157 Total fund• 6,720 5, 157 The financial slalemenls were approved and authorise<l for issue by tr)e Trustees on Oct 24, 2024 and signed on their behalf by.. Mr J R Perrln The notes on pages 7 to 12 form part of these financial statements. Page 6
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 General infomiation The Uncle Bill Trust, formedy The Night Garden Charity. is a chanty consliluted by a Deed of Trust In England. whose principal office is WaS1eY Grange. Worcester Road, Waresley. Kiddemiinster, DY11 7XL. 11 has no Sha capital. Ils principal ath'vity is lo provide gffts to charitable organisalions. Ac¢ountlng pollcl•$ 2.1 8asis of preparation of financial statements The finanual statements have been prepared in accordance wth the Charits"es SORP IFRS 1021- Accounting and Reporting by Charities". Ststement of Recommended Practice applicable lo charities preparing their accounts in accordance the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffecknve 1 January 20191, the Financial Reporting Stsndard applicable in the UK and Republbc of Ireland IFRS 1021 and the Charits'es Act 2011. The financial slalemenls have been prepared lo give a Irue and fair, view and have departed from the Charities IAc¢ounts and Reports) Regulab"ons 2008 only lo the extent required lo provide 3 Irue and fairf view. This departure has involved follon9 the Charities SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charities.. Statement ol Recommended Practice effective from 1 April 2005 vthich has since been wthdrawn. The Uncle Bill Trust meets the definition of a public benefft entty under FRS 102. A8$et$ and liabilits'es are initially recognised at historical cost or transacts'on value unless olheNise slated in the relevant accounting policy. 2.2 Golng conc•m The charity has cash resources and has no requirement for extemal funding. The Iruslees have a reasonable expectation that the Charity has adequate resources lo continue In operational existence for the f0See8b1e ftJIU. They continue lo believe the going concern basis of accounting appropriate in preparing Ihe annual financial slatements. 2.3 Incomo All income is COgnised once the Chanty has enlrtlemenl to the income. il is probable that the income wll be received and the amount of income receivable can be measured reliably. 2.4 Expgnditur Expenditure is recogni5ed once there is a legal or constructive obligation to transfer economic benefit to a third party. il is probable that a transfer of economic benefits will be reqUId in settlement and the amount of the obligation G8n be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each acts'vity. Direct costs attributable to a single activity are allocated directly lo that activity. Shared costs which contribule lo more than one activity and support costs which are not attributable lo a single activty are apportioned between those activitie5 on a basis consistent with the use of resources. Central stsff costs a allo¢aled on the basis of b'me spent, and depciatiOn charges allocated on the poOn of the asset's use. Expenditure on charitable activrties is incurred on direclly undertaking the activf(ies vthich further the Chanty's objectives, as well as any associated support costs. Page 7
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policies (continued) 2.4 Expgnditure (continued) Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional. such grants being recognised as expenditu when the conditions attaching are fuilled. Grant$ offered subject to conditions which have not been mel at the year end are noted as a commrtment, but not a¢¢rned a$ expendrture. The names of the inslilubons receiving grants out of trust fijnds administered by the reporting charity are not disclosed during the lrfelime of the founder or spouse, as provided by the Charities Act 2011. All expenditure is inclusive of irrecoverable VAT. 2.5 Cash at bank and in hand Cash 81 bank 8nd in hand includes cash and short-tem highly liquid investments with a short malurily of three months or less from the t1ate of acquisitson or opening of the deposit or similar account. 2.6 Llabllltl•8 and provl8ions Liabilities are recognised vknen the 1$ an obligation al the Balance sheet date as a result of 4 past event. il is probable that a transfer of economic benefit will be required in settlement, and the amount of the settiemenl can be eslimaled reliably. Liabilities are recogni$ed at the amount that the Charity anticipates it wll pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material. the provision is based on the present value of those amounts, discounted at the pre-tax discount rale that fie¢t$ the risks specific lo the liability. The urwlinding of the discount is recognised in the Statement of financial activities as a finance ¢ost. 2.7 Flnanclal instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial inslrumenls a initially COgnised al transaction value and subsequently measured at their settlement value the exception of bank loans which are subsequently measured at amortised cost using the effeclive interest method. 2.8 Fund accounting General funds are UnStricted ftjnds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Page 8
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Income from donations and legacies Unr•$trl¢t•d fund$ 2023 Total fund$ 2023 Total funds 2022 Donations 70,000 70.000 50,000 Total 2022 .000 50,000 Analy$Ss of grants Grants to Institutlons 2023 Total funds 2023 rolal lunds 2022 Grants to instrtutions 55,570 55,570 48,249 ro1812022 48,249 48,249 Analysis of 0XndIture ¢)n charit•bl• activiti Summary by fund typo Unrestricted tunds 2023 Total 2023 Total 2022 Support costs Grants to instrtulions 12,867 55,570 12.867 55.570 13,931 48,249 68,437 68,437 62, 180 Total 2022 62,180 62,180 Page 9
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysis of expenditure by activities Grant funding of activities 2023 Support costs 2023 Totsl funds 2023 Total funds 2022 Support costs Grants to instrtutions 12,867 12.867 55,S70 13,931 48,249 55,570 55.$70 12.867 68,437 62, 180 Total 2022 48,249 13,931 62,180 Analy81• of Support Costs Total funds 2023 Tolal fui?ds 2022 Activities 2023 Independent examination fee$ Administalion charges 1,154 11,713 1,154 11.713 1, 138 12, 793 12,867 12,867 13,931 Total 2022 13.931 13.931 Independent examlner's rgmuneratl¢n The independent examinels MUneration amounts to an in(lependent examiner fee of £1,15412022- £1. 738). Tntst88s' r8mungration and 8xp8nsas During the year, no Trustees received any remuneration or other benefits (2022- £NIL). During the year ended 31 December 2023. no Twstee expenses have been incurred (2022- £NIL). Page 10
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Creditors: Amounts falling due within one year 2023 2022 Trade creditors Accruals and deferred income 1.104 3.437 3,850 4,$41 3.850 10. Stat•mont of funds Stat•m•nt of funds - currnnt yoar Balaneo at 31 D8c8mbgr 2023 Balance at 1 January 2023 Income EXndItU Unr•strlct•d funds General Funds 5,157 70,OOD {68,4371 6,720 Stat•mènt of funds - prlor yoar 8al8nce at l January 2022 Ba18nce al 31 D&c&mber 2022 Income Expenditure Unre$trlcted lund$ General Funds 17,337 50,000 (62, 180) 5, 157 11. Summary ollunds Summary of funds - current yr Balance at 31 December 2023 Balance at 1 January 2023 Income ExndIture General funds 5.157 70.000 {68.4371 6.720 Page 11
THE UNCLE BILL TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 11. Summary of funds {continuedl Summary of funds - prior yèar Balance al l January 2022 Balance al 31 December 2022 Income Expenditure General funds 17,337 50.000 (62. 180) 5. 157 12. Analysis of not assets bot%wen funds Analys1$ of not assets b&ten fundy- current year Unre$trl¢tsd funds 2023 Total fund$ 2023 Current assets Creditors due wthin one year 11,261 14,5411 11.261 14,S411 Total 6,720 6.720 Analysls of not assets betWn funds. prlor year Unreslncted funds 2022 Total lunds 2022 Current assets Creditors due wthin one year 9,007 (3,850) 9,007 (3,850) Total 5, 157 5. 157 13. Relatsd party transactions There were no relaleil party transactions for the year ended 31 December 2023. Page 12