TRUSTEES’ ANNUAL REPORT
November 2020
The Trust consists of the Chair, two Trustees and the Trust Secretary.
| Greg Evans | Chairman | April 2015 - to date |
|---|---|---|
| David Paton | Trustee | September 2012 - to date |
| Emil Gigov | Trustee | April 2015 - to date |
| Abigail Amey | Trustee | September 2016 – to date |
| Claire Wood |
Secretary to the Trust | November 2014 - to date |
Finance
The total sum the of bursaries awarded from September 2019 to August 2020 was £30,045.00, giving support to a Sixth Form student, a child in her final year Y11 and a Y7 pupil all pupils are on 50% bursaries. Total donations received £22,160.38, £293.65 in Share dividends . Considering the global pandemic the Trust were pleased that, although reduced, donations were still coming in.
Future plans
The end of the 2019-2020 financial year proved challenging for the Trust, like most other charities things were very quiet. The Trustees agreed to sell the shares in enable the Trust to offer support to more pupils.
I will be stepping down as Chair at the end of November 2020, David Paton and Emil Gigov will also be stepping down as Trustees at the same time.
Greg Evans Chair – Radnor Charitable Trust
Charity Number: 1145134 Submitted Tuesday 30[th] April 2019
TRUSTEES’ ANNUAL REPORT
November 2020
The Trust consists of the Chair, two Trustees and the Trust Secretary.
| Greg Evans | Chairman | April 2015 - to date |
|---|---|---|
| David Paton | Trustee | September 2012 - to date |
| Emil Gigov | Trustee | April 2015 - to date |
| Abigail Amey | Trustee | September 2016 – to date |
| Claire Wood |
Secretary to the Trust | November 2014 - to date |
Finance
The total sum the of bursaries awarded from September 2019 to August 2020 was £30,045.00, giving support to a Sixth Form student, a child in her final year Y11 and a Y7 pupil all pupils are on 50% bursaries. Total donations received £22,160.38, £293.65 in Share dividends . Considering the global pandemic the Trust were pleased that, although reduced, donations were still coming in.
Future plans
The end of the 2019-2020 financial year proved challenging for the Trust, like most other charities things were very quiet. The Trustees agreed to sell the shares in enable the Trust to offer support to more pupils.
I will be stepping down as Chair at the end of November 2020, David Paton and Emil Gigov will also be stepping down as Trustees at the same time.
Greg Evans Chair – Radnor Charitable Trust
Charity Number: 1145134 Submitted Tuesday 30[th] April 2019
CHARITY COMMISSION FOR ENGLANO AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Roport to the trusteesl mombors of Radnor Charitable Trust On accounts for the year ended 31° August 2020 Charity no (if any} Sot out on page I report to the trustees on my examination of the accounts of the above harity {'the Trust'l for the year ended 3110812020. Responsibiliti88 and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 {'the ACY). 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 all the applicable Directions given by the Charity Commission under section 145{5)Ibl of the Act. Independent The charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualrfied member of the Institute of Chartered Accounts of England & Wales IICAEW). I have completed my examination. I confim that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordan with section 130 of the Charities Act- or the accounts did not accord with the accounting records- or the accounts did not comply with the applicable requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair, view which is not a matter considered as part of an independent examinalion. I have no cOnrnS and have come across no other matters in connection with the èxamination to which attention should be drawn in this report in order to enable a proper underslanding of the accounts to be reached. Slgned: Date: 2515121 Name: Denise Murdoch Relevant professional qualifiGation{sl or body (If anyl: ACA Address: 23 St James's Avenue Hampton Hill
Radnor Charltable Trust Year Ended 31st August 2020 Income and Ex endlture kcount Year Ended 31st August 2020 Incorne Donations received Investment Income 25.157.38 436.23 25,593.61 Expenditure Bursary contributions paid Bank charges 30,045.00 35.00 30,080.00 Deficit generated in the period 4,486.39 Statement of Assets At 31st August 2020 Cash at Bank Investments 121,768.57 34,539.47 156,308.04 The investment5 represent 4,207 Ordinary Shares with a nominal value of 2.5p held in Alliance Trust PLC. The value incorporated in the Statement of Assets is the closing market price of the shares of £8.21 per share as at the statement date. The historic cost of the investments is £20,009.99 Cash reconcillatlon Balance brought forward Deficit generated in the period Balance carried fOard 126,254.96 -4,486.39 121,768.57