Trustees' Annual Report for the period
Period start date
Period end date
6 June 2022 5 June 2023 To
From
Section A Reference and administration details
Charity name
Alan Stanley Baxendale Charitable Trust
Other names charity is known by
Registered charity number (if any) 1146669
Charity's principal address Zedra Trust Company (UK) Limited, Booths Hall, Booths Park 3, Chelford Road, Knutsford Cheshire Postcode WA16 8GS
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Zedra Trust Company (UK) Limited |
||||
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19
20
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Chartered Simmons Gainsford 14[th] Floor, 33 Cavendish Square, LONDON, W1G Accountants Professional 0PW Services Limited
Name of chief executive or names of senior staff members (Optional information)
Nick Weller-Associate Partner
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing document
The Will of Alan Stanley Baxendale dated 6 June 2010
(e.g. trust deed, constitution)
How the charity is constituted
Trust
(e.g. trust, association, company)
New trustee(s) can only be appointed by resolution passed by the current Trustee selection methods trustee(s). Such appointment would be confirmed by a formal deed. (e.g. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of
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major risks and the system and procedures to manage them.
Section C Objectives and activities
The Trustees shall hold the Trust Fund as to both capital and income to Summary of pay or apply at any times to benefit (i) The Governing Body of the objects Stockport Grammar School and (ii) The History Department of of the charity University College London to award a prize or prizes, provide set out in its scholarships or bursaries and purchase of library books or electronic governing document equipment. Summary of The Trustee(s) fulfils the aims incorporated in the governing document the main by investing the capital in quoted stocks and shares and appropriate activities deposit accounts. The Trustee(s) distribute the income or capital in undertaken accordance with the terms of the Trust. for the The Trustee(s) confirm that they have referred to the guidance public contained in the Charity Commission’s general guidance on public benefit in relation to benefit when reviewing the Trust’s aims and objectives; in planning these future activities and in making payments in the current year. objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
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policy on grant making;
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• policy programm e related investment ;
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• contributio
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n made by volunteers
- .
Section D Achievements and erformance p
The Trust fund received £34,147 of income during the year under review Summary of the main and the Trustee(s) donated £40,615 income and £56,400 capital to achievements of the charity during the year charitable organisations. Section E Financial review Brief statement of the charity’s policy on reserves At the financial year end, the total capital value of the trust was £1,070,018. A balance of £20,941 undistributed income was also held. It is the trustee’s policy to distribute all income arising in the trust after allowing for any operating expenses. Because of timing differences between receipt of income and the authorisation of grant payments a balance of undistributed income may be held in reserve at the year end and this will be carried forward and distributed in 2023/24. Details of any funds materially in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
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the charity’s principal
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sources of funds (including any fundraising);
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• how expenditure has supported the key objectives of the charity;
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• investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
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Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s) SARAH TAYLOR
Position (e.g. Secretary, AUTHORISED OFFICIAL FOR Chair, etc.) ZEDRA TRUST COMPANY (UK) LIMITED
Date 07/02/2024
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CHARITY NAME: Alan Stanley Baxendale Charitable Trust
CHARITY NUMBER: 1146669
Accounting Statement for year ended : 5th June 2023
Our Ref: XC077
(Receipts and Payments Basis) Our Own Analysis : YES
UNRESTRICTED FUNDS
RECEIPTS - INCOME
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This year's amount to Last year's amount to
the nearest £ the nearest £
Gifts and other voluntary receipts
Tax reclaims
Bank Account interest
Stocks and Shares
Dividends & Interest received 34,147 31,615
Other Receipts (not counting as “Gross Income”)
Total Receipts 34,147 31,615
PAYMENTS - INCOME
Payments directly for charitable purposes
-
Donations : University College London 27,400
Stockport Grammar School 13,215 47,643
Payments to Capital Funds
Payments for management and administration including VAT
Simmons Gainsford LLP 720
Professional Charges
Total payments 41,335 47,643
Net of Receipts/Payments - 7,188 - 16,028
Cash funds last year end 28,129 44,157
Cash funds this year end 20,941 28,129
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EXPENDABLE ENDOWMENT FUNDS
RECEIPTS - CAPITAL
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This year's amount to Last year's amount to
the nearest £ the nearest £
Gifts and other voluntary receipts
Receipt from sale of investments 73,428 20,335
Equalisation payments
Total Receipts 73,428 20,335
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PAYMENTS - CAPITAL
| Payments to Income Funds Payments for purchase of investments and other assets Other payments:S G Chartered Accounts Payments for management and administration including VAT University College London Scholarships Total Payments Net of Receipts/Payments Cash funds last year end Cash funds this year end FOR ZEDRA TRUST COMPANY (UK) LIMITED Trustee authorised to sign on behalf of all trustees Zedra Trust Company (UK) Ltd Booths Hall Booths Park 3 Chelford Road Knutsford Cheshire WA16 8GS |
- 18,335 56,400 74,735 1,307 - 985 - 2,292 - |
720 20,600 21,320 985 - - 985 - 7/2/2024 Date |
|---|---|---|
PERMANENT ENDOWMENT FUNDS
RECEIPTS - CAPITAL
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This year's amount to Last year's amount to
the nearest £ the nearest £
Gifts and other voluntary receipts
Transfer from Income Fund
Cash Introduced
Receipt from sale of investments
Equalisation payment
Total Receipts 0 0
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PAYMENTS - CAPITAL
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Payments to Income Funds
Payments for purchase of investments and other assets
Other payments - S G Chartered Accounts
Payments for management and administration including VAT
Total Payments 0 0
Net of Receipts/Payments 0 0
Cash funds last year end 17,589 17,589
Cash funds this year end 17,589 17,589
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STATEMENT OF ASSETS AND LIABILITIES
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INCOME CAPITAL
Endowment funds
Expendable
or
Unrestricted funds Permanent
CASH FUNDS to nearest £ to nearest £
Current 20,941 15,297
Deposit
INVESTMENT ASSETS
Stocks and Shares 1,054,721
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INDEPENDENT EXAMINER’S REPORT
A S BAXENDALE CHARITABLE TRUST
Independent Examiner’s Report to the Trustees of A S Baxendale Charitable Trust
I report to the trustees on my examination of the accounts of A S Baxendale Charitable Trust (‘the charity’) for the year ended 5 June 2023 which comprise the summary of receipts and payments and the statement of assets and liabilities.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the trustees of the charity 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 charity’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 Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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➢ accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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➢ the accounts do not accord with those 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.
Nick Weller FCCA (Senior Statutory Auditor)
For and on behalf of Simmons Gainsford Professional Services Limited
Chartered Accountants 14[th] Floor 33 Cavendish Square London W1G 0PW Date: 19/3/2024 | 17:10 GMT