| HCG Charitable Tru | st. | Printed: | 26/04/2022 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endo& ment | Total funds | Prior year | ||
| funds | income funds | funds | funds | |||
| ncome and endowments | from: | |||||
| Donations and legacies Charitable activites |
27486 0 |
5.000 0 |
32.486 0 |
21.783 0 |
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| Other trading activities | 0 | 0 | 0 | 0 | ||
| Investments | 2 | 0 | 2 | 3 | ||
| Separate material item of |
0 | 0 | 0 | 0 | ||
| income | ||||||
| Other | ||||||
| Total | 27,488 | 5,000 | 21,786 | |||
| xpeuditure on: Raising funds Charitable activities |
0 17.050 |
0 17.050 |
0 18.995 |
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| Separate material item of |
0 | 0 | 0 | |||
| expense | ||||||
| Other | ||||||
| Total | 17,050 | 17,050 | 18,995 | |||
| et income/(expenditure) fore investment gains/(losses) |
10,438 | 5,000 | 15,438 | 2.791 | ||
| Net gains'(losses) on |
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| investments | ||||||
| et income/(expenditure) | 10,438 | 5,000 | 15,438 | 2,791 | ||
| xtraordinary items ransfers between funds |
0 0 |
0 0 |
0 0 |
0 0 |
||
| et Movement in Funds |
10,438 | 5,000 | 15,438 | 2,791 | ||
| econciliation ofFunds | ||||||
| otal funds brought forward |
8.811 | 14,301 | 23.112 | |||
| otal funds carried forward | 19349 | 19301 | 38551 |
| Unrestrtcted | Unrestrtcted | Restricted | Restricted | Endowment | Total | funds | Prior year funds | Prior year funds | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Funds | Income | I'unds | Funds | |||||||
| ixed assets | ||||||||||
| Intany'ble assets |
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| Tangible assets | ||||||||||
| Investments | ||||||||||
| Totalfixed assets | ||||||||||
| urrent assets | ||||||||||
| Stocks | 0 | 0 | 0 | 0 | ||||||
| Debtors | 1.813 | 0 | 1,813 | 750 | ||||||
| Investments | 0 | 0 | 0 | 0 | ||||||
| Cash at bank and in hand | 17.437 | 19.301 | 36,738 | ~~ | 362 | |||||
| Total current assets | 19+l9 | 19301 | 38&51 | 23,1l2 | ||||||
| reditors: amounts falling due |
||||||||||
| ithin one year %etcurreirt assetslllabilltlesj |
19.49 | 19.30I | 38.55I | 23.I I2 | ||||||
| Total assets less current | I | 9PW9 | 19~I | 38851 | 23,1l2 | |||||
| liabilities | ||||||||||
| reditors: amounts falling due |
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| Aer more than one year | ||||||||||
| Provisions for liabilities |
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| Total net assets or liabilities | l9 | 4 | l | I | ||||||
| unds ofthe Charity | ||||||||||
| Endowment funds |
0 | 0 | 0 | 0 | ||||||
| Restricted income funds |
0 | 19.301 | 19.301 | 14,301 | ||||||
| Unrestricted funds |
I9 | 2/9 | 0 | 19 t49 | 8.8I I | |||||
| Revaluation reseerve |
0 | 0 | 0 | 0 | ||||||
| Total funds | l | 9,249 | 19~1 | 38451 | 23,112 | |||||
| Signed by one or ttvo trustees on behalf ofall the trustees |
Signature | Name | ateofapproval dd/mmhwyy |
| Objecti | ves and | Acti | viti | es | ||
|---|---|---|---|---|---|---|
| SORP reference | ||||||
| Summary | ofthe purposes | of | Para 1.17 | The promotion ofany charitable purpose which |
is | |
| the charity as set out | in its | beneficial to the community in the County of |
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| governing | document | Gloucestershire and the County ofSouth Gloucestershire including:— |
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| -the advancement ofeducation and training |
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| -the advancement ofthe arts, culture &heritage |
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| -the advancement of health &saving of lives |
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| -the advancement of amateur sport |
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| -the conservation of historic buildings and sites |
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| -the prevention and/or relief of poverty |
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| -the development and improvement of |
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| cornrnuni relations and social conditions |
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| Summary activities |
of the main in relation to those |
Para 1.17and 1.19 |
The activities ofthe trustees are essentially to award grants and to visit projects either to assess |
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| purposes for the public benefit, in particular, the activities, projects or services |
the qualities ofa potential beneficiary at the application stage or to follow up after a grant has been made. |
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| identified | in the accounts. | |||||
| Statement confirming whether the trustees |
have | Para 1,18 | When considering applications for grants, the trustees have consistently included in their |
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| had regard to the guidance issued by the Charity Commission on public |
deliberations the requirement that the applicant should be operating for the public benefit as defined by the Charity Commission. |
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| benefit |
| Additional | information | (optional) | ||
|---|---|---|---|---|
| You ma | choose to include further statements | where relevant about: |
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| SORP reference | ||||
| All grants are considered and |
approved by the |
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| Policy on | grant making | Para 1.38 | trustees at quarterly meetings. for amounts up to E1,000 with, circumstances, an upper limit |
Most grants are in exceptional ofE2,000. |
| All grants are required to comply with the |
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| ur ose ofthe Trust as summarised above, |
| SORP reference | ||||||
|---|---|---|---|---|---|---|
| During 2021/22, grants totalling f17,050 | ||||||
| were made. | ||||||
| The majority were for social projects for | the | |||||
| Summary ofthe main achievements of the charity, |
Para 1.20 | improvement of life for the disadvantaged totalling f12,000. |
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| identifying the difference |
the | The Trust also runs an annual award |
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| charity's work has made |
to | scheme to recognise the outstanding work |
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| the circumstances of its |
that the Cadet organisations and Boys |
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| beneficiaries and any benefits to society as |
wider a |
Brigade do in the county - E2,550. In the arts and heritage field grants off2,550 |
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| whole. | were made, which includes an annual library |
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| award in the county off1,500. |
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| The wide variety ofgrants were all intended | ||||||
| to improve the lives and the social | ||||||
| environment ofthe people of |
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| Gloucestershire, with special emphasis |
on | |||||
| the disadvantaged members ofsociety. |
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| Financial Review |
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| Review ofthe charity's | Para 1.21 | The finances ofthe Trust were strong with |
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| financial position at |
the end | the General Fund holding around funds |
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| ofthe period | equal to the years grants. The Covid | |||||
| pandemic seems to have held back some |
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| applications for grants. |
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| The Restricted Funds are recently acquired |
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| and are for helping disadvantaged youth |
in | |||||
| the county. The Trustees are still working |
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| out how best to use these funds. | ||||||
| Statement explaining |
the | Para 1.22 | The trustees wish to keep reserves in the |
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| policy for holding reserves | General Fund ofapproximately half a year's |
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| stating why they are | held | income in order to be able to respond ifthere an exceptional need. |
is | |||
| The reserve held in the Restricted Fund will be |
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| used to make annual grants over the next ten |
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| ears. | ||||||
| Amount ofreserves | held | Para 1.22 | General Fund: f19,249 and Restricted Fund: |
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| 19,301. | ||||||
| Additional information |
(optional) | |||||
| You ma choose to |
include further statements | where relevant about | ||||
| The income ofthe Trust comes in the form of | ||||||
| donations by members ofthe Honourable |
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| The charity's principal sources offunds (including any fundraising) |
Para 1.47 | Company ofGloucestershlre, which is strictly separate from the Trust. Members are expected to make an annual donation to the Trust. |
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| The principal risk to the Trust would be the |
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| liquidation ofthe Honourable Company of |
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| A description ofthe principal risks facing the charity |
Para 1.46 | Gloucestershire with the consequent absence ofannual donations to the Trust. |
| Description | Description | of charity's | |||
|---|---|---|---|---|---|
| trusts: | |||||
| Type ofgoverning document deed, royal (;,I1ari" |
Para 1.25 | Trust deed dated 12 Mach 2012, Supplemental Deed dated 8"September 2015 and Supplemental Deed dated 2"' February |
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| 2022. | |||||
| How is the charity | Para 1.25 | Unincorporated association. |
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| constituted? | |||||
| (e.g urI'I | 'co!pc"3".ec | ||||
| assoclatloll. | CIQ' | ||||
| Trustee | selection methods | Para 1.25 | Every trustee is appointed by a resolution |
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| including | details ofany | passed at an ordinary meeting ofthe trustees. |
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| constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Every trustee must be a member ofthe Honourable Company ofGloucestershire. In addition, the Warden and Assistant Warden of the Honourable Company are automatically trustees for as long as they hold those ositions. |
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| Additional | information | (optional) | |||
| You ma | choose to include further statements | where relevant about |
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| New trustees generally already have significant |
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| experience of the duties and responsibilities of |
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| Policies and adopted for and training |
procedures the induction oftrustees |
Para 1.51 | trustees. The Chair ofthe trustees ensures that all new trustees are fully informed regarding duties, responsibilities, the normal inethod of operating and the relationship with the |
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| Honourable Company ofGloucestershire. New |
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| trustees are provided with a copy ofthe trust |
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| deed, supplemental deed and the latest |
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| accounts. | |||||
| The trustees meet as a body every quarter at |
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| which meetings all decisions are made. The |
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| The charity's organisational structure and any wider network with which the charity works |
Para 1.51 | decisions ofthe trustees at their quarterly meetings are recorded in written minutes. There are no employees or volunteers. There is an unpaid Secretary to the Trustees and an unpaid Treasurer. |
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| The Trustees make use ofthe connections with |
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| county organisations ofthe wider membership |
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| ofthe Honourable Com an ofGloucestershire |
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| There is a close relationship between the Trust |
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| and the Honourable Company of |
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| Relationship with any related parties |
Para 1.51 | Gloucestershire. All trustees must be members of the Honourable Company and the Warden and Assistant Warden are automatically |
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| trustees. The trustees do, from time to time, |
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| refer to the Interest Groups ofthe Honourable | |||||
| Company for advice on any particular grant |
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| applications when they consider that to be |
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| appropriate, but all decisions made are wholly |
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| the responsibility ofthe Trustees. |
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| The Honourable Company also has some funds |
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| held by Gloucestershire Community |
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| Foundation; the trustees co-operate with GCF |
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| in identifying suitable beneficiaries for grant |
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| making from the GCF funds. |
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| There are no subsidiar undertakin s. |