Charity number: 1139577
THE UNCLE BILL TRUST
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
THE UNCLE BILL TRUST
CONTENTS
| Page | |
|---|---|
| Reference and administrative details ofthe Charity, its Trustees and advisers | 1 |
| Trustees' report | 2-3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notestothefinancialstatements | 7-13 |
THE UNCLE BILL TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
Mr J R Perrin Mrs H M Walker Mrs F M Tibbitts Mr Adam B Williams
Charity registered number
1139577
Principal office
Waresley Grange Worcester Road Waresley Kidderminster Worcestershire DY11 7XL
Accountants
Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury West Midlands B69 2DG
Page 1
THE UNCLE BILL TRUST
TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their yearly annual report together with the financial statements of The Uncle Bill Trust (the charity) for the year ended 31 December 2024. The Trustees confirm that the Annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice Charities SORP (FRS 102) "Accounting and Reporting by Charities" effective 1 January 2019.
Structure, governance and management
a. CONSTITUTION
The Uncle Bill Trust is constituted by a Trust Deed made in October 2010 and is a registered charity, number 1139577.
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
c. ORGANISATIONAL STRUCTURE AND DECISION MAKING
In setting the charity's policy and planning its activities, the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit.
Objectives and Activities
a. POLICIES AND OBJECTIVES
The principal object of the charity is to provide gifts to charitable organisations, taking into account the wishes of the founder.
The charitable objects are to apply the income, and all such parts of the capital as the Trustees think fit (whether through donations to other charities or by any other charitable means), for or towards such charitable purposes the Trustees think fit.
Public benefit
The Charity Commission in its "Charities and Public Benefit" Guidance states that there are two key principles to be met in order to show that an organisation's aims are for the public benefit: firstly, there must be an identifiable benefit and secondly, that the benefit must be to the public or a section of the public. The Trustees are satisfied that the aims and objectives of the charity, and the activities reported on below to achieve those aims, meet these principles. The charity is providing public benefit to charitable organisations by making donations to them.
The charity is making grants to other charities or any other charitable means for the public benefit.
Page 2
I
a a a a eee ba A ee ed
THE UNCLE BILL TRUST
Onn TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 aNi i Achievement and performance
a. REVIEW OF ACTIVITIES
:
The charity made gifts of £54,650 (2023: £55,570) to various charities for public benefit purposes 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 funding is only committed after consideration of the funds available after deducting running costs. The Trustees do therefore not consider it necessary or appropriate to hold significant free reserves.
b. FUTURE DEVELOPMENTS
The Charity’s plans for the future are to continue to provide grants of a charitable nature to other UK registered charities taking into account the wishes of the founder.
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
° select suitable accounting policies and then apply them consistently; ° observe the methods and principles of the Charities SORP (FRS 102): e make judgments and accounting estimates that are reasonable and prudent: ° state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
e 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 adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of 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 of fraud and other irregularities. Approved by order of the members of the board of Trustees on 2? rad L ffomfe. 202 £ and signed on their behalf by: Mr J R Perrin 7 ;
Page 3
7 September 2025
THE UNCLE BILL TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2024 | 2024 | 2023 | |||
| Note | £ | £ | £ | ||
| Income from: | |||||
| Donations and legacies | 3 | 65,500 | 65,500 | 70,000 | |
| Total income | 65,500 | 65,500 | 70,000 | ||
| Expenditure on: | |||||
| Charitable activities | 5 | 67,436 | 67,436 | 68,437 | |
| Total expenditure | 67,436 | 67,436 | 68,437 | ||
| Netmovement in funds | (1,936) | (1,936) | 1,563 | ||
| Reconciliation of funds: | |||||
| Total funds broughtforward | 6,720 | 6,720 | 5,157 | ||
| Net movement in funds | (1,936) | (1,936) | 1,563 | ||
| Totalfundscarriedforward | 4,784 | 4,784 | 6,720 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 7 to 13 form part of these financial statements.
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THE UNCLE BILL TRUST
BALANCE SHEET AS AT 31 DECEMBER 2024
| 2024 | 2023 | |||
|---|---|---|---|---|
| Note | £ | £ | ||
| Current assets | ||||
| Cash at bank and in hand | 10,940 | 11,261 | ||
| 10,940 | 11,261 | |||
| Creditors: amounts falling due within one | ||||
| year | 10 | (6,156) | (4,541) | |
| Net current assets | 4,784 | 6,720 | ||
| Total net assets | 4,784 | 6,720 | ||
| Charity funds | ||||
| Restricted funds | 11 | - | - | |
| Unrestricted funds | i | 4,784 | 6,720 | |
| Total funds | 4,784 | 6,720 | ||
| The financial statements were approved | and authorised for issue by the Trustees on | |||
| andsignedontheirbehalf | by: |
Mr J R Perrin
The notes on pages 7 to 13 form part of these financial statements.
Page 6
THE UNCLE BILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. General information
The Uncle Bill Trust, formerly The Night Garden Charity, is a charity constituted by a Deed of Trust in England, whose principal office is Waresley Grange, Worcester Road, Waresley, Kidderminster, DY11 7XL. It has no share capital. Its principal activity is to provide gifts to charitable organisations.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a ‘true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair’ view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Uncle Bill Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 Going concern
The charity has cash resources and has no requirement for external funding. The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting appropriate in preparing the annual financial statements.
2.3 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
- 2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can 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 activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
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THE UNCLE BILL TRUST
ass NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
2. Accounting policies (continued)
2.4 Expenditure (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 expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
The names of the institutions receiving grants out of trust funds administered by the reporting charity are not disclosed during the lifetime 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 at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.6 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will 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 rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.7 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.8 Fund accounting
General funds are unrestricted funds 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.
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THE UNCLE BILL TRUST
eeeEE ee eS ee ee
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| 3. | Income from donations and legacies | |||
|---|---|---|---|---|
| Unrestricted | Total | Total | ||
| funds | funds | funds | ||
| 2024 | 2024 | 2023 | ||
| £ | £ | £ | ||
| Donations | 65,500 | 65,500 | 70,000 | |
| Total2023 | 70,000 | 70,000 | ||
| 4. | Analysis of grants | |||
| Grants to | Total | Total | ||
| Institutions | funds | funds | ||
| 2024 | 2024 | 2023 | ||
| £ | £ | £ | ||
| Grants to institutions | 54,650 | 54,650 | 55,570 | |
| Total 2023 | 55,570 | 55,570 | ||
| 5. | Analysis of expenditure on charitable activities | |||
| Summary by fund type | ||||
| Unrestricted | ||||
| funds | Total | Total | ||
| 2024 | 2024 | 2023 | ||
| £ | £ | £ | ||
| Support costs | 12,786 | 12,786 | 12,867 | |
| Grants to institutions | 54,650 | 54,650 | 55,570 | |
| 67,436 | 67,436 | 68,437 | ||
| Total2023 | 68,437 | 68,437 |
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THE UNCLE BILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
6. Analysis of expenditure by activities
| Grant | ||||
|---|---|---|---|---|
| funding of activities |
Support costs |
Total funds |
Total funds |
|
| 2024 | 2024 | 2024 | 2023 | |
| £ | £ | £ | £ | |
| Support costs | - | 12,786 | 12,786 | 12,867 |
| Grants to institutions | 54,650 | - | 54,650 | 55,570 |
| 54,650 | 12,786 | 67,436 | 68,437 | |
| Total2023 | 55,570 | 12,867 | 68,437 |
Analysis of support costs
| Activities | Total funds |
Total funds |
|
|---|---|---|---|
| 2024 | 2024 | 2023 | |
| £ | £ | £ | |
| Independent examination fees | 1,190 | 1,190 | 1,154 |
| Administration charges | 11,596 | 11,596 | 11,713 |
| 12,786 | 12,786 | 12,867 | |
| Total2023 | 12,867 | 12,867 |
- Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £1,190 (2023 - £1,154).
- Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £ENIL).
During the year ended 31 December 2024, no Trustee expenses have been incurred (2023 - £NIL).
Page 10
THE UNCLE BILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
9. Staff costs
The average number of persons employed by the Company during the year was NIL (2023: NIL).
No Employee received remuneration amounting to more than £60,000 in either year.
10. Creditors: Amounts falling due within one year
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors | - | 1,104 | |
| Accruals and deferred income | . | 6,156 | 3,437 |
| 6,156 | 4,541 |
11. Statement of funds
Statement of funds - current year
| Balance at 31 | ||||
|---|---|---|---|---|
| Balance at 1 | December | |||
| January 2024 | Income | Expenditure | 2024 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| GeneralFunds | 6,720 | 65,500 | (67,436) | 4,784 |
Statement of funds- prior year
| Balance at | Balance at | |||
|---|---|---|---|---|
| 1 January | 31 December | |||
| 2023 | Income | Expenditure | 2023 | |
| E | £ | £ | £ | |
| Unrestricted funds | ||||
| GeneralFunds | 5,157 | 70,000 | (68,437) | 6,720 |
Page 11
THE UNCLE BILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
12. Summary of funds
Summary of funds - current year
| Balance at 31 | ||||
|---|---|---|---|---|
| Balance at 1 | December | |||
| January 2024 | Income | Expenditure | 2024 | |
| £ | £ | £ | £ | |
| General funds | 6,720 | 65,500 | (67,436) | 4,784 |
| Summary offunds- prioryear | ||||
| Balance at | Balance at | |||
| 1 January | 31 December | |||
| 2023 £ |
Income fe |
Expenditure £ |
2023 £ |
|
| General funds | 5,157 | 70,000 | (68,437) | 6,720 |
| Analysis of net assets between funds | ||||
| Analysis of net assets between funds - current period | ||||
| Unrestricted | Total | |||
| funds | funds | |||
| 2024 | 2024 | |||
| £ | £ | |||
| Current assets | 10,940 | 10,940 | ||
| Creditors due within one year | (6,156) | (6,156) | ||
| Total | 4,784 | 4,784 | ||
| Analysis of net assets between funds- prior period | ||||
| Unrestricted | Total | |||
| funds | funds | |||
| 2023 | 2023 | |||
| £ | £ | |||
| Current assets | 11,261 | 11,261 | ||
| Creditors due within one year | (4,541) | (4,541) | ||
| Total | 6,720 | 6,720 |
13. Analysis of net assets between funds
Page 12
THE UNCLE BILL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
14. Related party transactions
There were no related party transactions for the year ended 31 December 2024.
Page 13