||||`Independentexaminer'sreportonthe`| |---|---|---|---| ||||`accounts`| ||`SectionA`|`IndependentExaminer'sReport`|| ||`Reporttothetrustees`||`OpOiAUCJESrSAfHI`| ||`Onaccountsfortheyear`
`ended`||`3).5.J2ja2,3^`
`Charityno`
`(ifany)`
`11«4--i6`| ||`Setoutonpages`||| ||||`Ireporttothetrusteesonmyexaminationoftheaccountsoftheabove`| ||||`charity("theTrust")fortheyearended`| ||`Responsibilitiesand`||`Asthecharity'strustees,youareresponsibleforthepreparationofthe`| ||`basisofreport`||`accountsinaccordancewiththerequirementsoftheCharitiesAct2011`| ||||`("theAct").`| ||||`IreportinrespectofmyexaminationoftheTrust'saccountscarriedout`| ||||`undersection145ofthe2011Actandincarryingoutmyexamination,I`| ||||`havefollowedalltheapplicableDirectionsgivenbytheCharityCommission`| ||||`undersection145(5)(b)oftheAct`| |||`Independent`|`[Thecharity'sgrossincomeexceeded£250,000andf amqualifiedto`| ||`examiner'sstatement`||`undertaketheexaminationbybeinga qualifiedmemberof[Insertnameof`| ||||`applicablelistedbody]].Delete[ ]`
`ifnotapplicable.`| ||||`Ihavecompletedmyexamination.I confirmthatnomaterialmattershave`| ||||`cometomyattentioninconnectionwiththeexamination(otherthanthat`| ||||`disclosedbelow*)whichgivesmecausetobelievethatin,anymaterial`| ||||`respect:`| ||||`•`
`theaccountingrecordswerenotkeptInaccordancewithsection130`| ||||`oftheCharitiesAct;or`| ||||`•`
`theaccountsdidnotaccordwiththeaccountingrecords;or`| ||||`•`
`theaccountsdidnotcomplywiththeapplicablerequirements`| ||||`concemingthefbtmandcontentofaccountssetoutintheCharities`| ||||`(AccountsandReports)Regulations2008otherthananyrequirement`| ||||`thattheaccountsgivea 'trueandfair*viewwhichisnota matter`| ||||`consideredaspartofanindependentexamination.`| ||||`Ihavenoconcemsandhavecomeacrossnoothermattersinconnection`| ||||`withtheexaminationtowhichattentionshouldbedrawninthisreportin`| ||||`ordertoenablea properunderstandingoftheaccountstobereached.`| ||||`*PleasedeletethewordsinthebracketsIftheydonotapply.`| |||`Signed:`|`A-l`
`Date:`
`S`
`ts-`| |||`Name:`|| ||`Relevantprofessional`||`ic.Aei^`
`•AecouLA`
`(r`| ||`quallfication(s)orbody`||| ||||`1`
`Oct2018`| Paxlon Charity no. 1147656 HCG Charitsble Trust. CharÉty Commission SOFA Report as at 31103f2023 Pagelofl Printed: 2610412023 Unrestricted fundj Reitrietrd fund$ Endov+'ment fundj TotAI futtdi Priory funds ncome ind endowments frnrn: [￿n)llOnS and le8aci¢s Chanlgble aciivites Other trading o¢iivities Invcstmcnis SeparAte mAleAal Item of 25.￿7 28.647 32.486 76 76 Oth¢r Totul 25,722 3.1)0(I 28,722 32488 spcnditure on: Rajsins funds Charitsblc aciivilic5 Separaie n￿l¢no1 or expense Other 21.850 24,850 17,050 'rolal 2JO50 3,000 24050 17W50 et lfjcoDxllexptndltsre) 3m2 ISH38 Nei 8aingOosscsi on iDv¢stmen et Incon￿lexpeIi￿hllrt) rnordirtmry items r40sftrJ between fundj et Movement In Funds 3372 3872 15A38 3W2 3J72 ISA38 ondliation of Fun otal fu￿d5 brought forward otal fyndg £Arrii'd fornard 19.249 19,301 19aOI 38.551 23.122 42,423 Paxton Charity no. 1147656 HCG ChfdrliAble TrusL Chthty Comrnis8lon B•lAnf¢ Sh¢ot ￿ at 31103120LI Pwlofl Prthted.. 26m4ll023 nr¢51n¢i rtsn< R￿ritied In¢onK Funits oivmcni Totsl lund% Prior l'ear funds ixed Assets Iiilangible assds TllnsDible assets InVes￿ents TrtaI￿.¢4 tTssets urrnnt Assets Siocks [k￿oIS Inwesim¢nts Cash thi bank and in h4nd roialewrreni dssets re. LndowTrcni fiiiTrds Resiricied inconit fijnds Un￿sir1¢1ed fiinds R¢valuaiion r¢sL*rve 0.00 0.00 J.l71.87 o. 19JOI.3 19.?4Q.46 IQ.301..74 o. 19.301.3. 23.111.87 Signed b) 4)n¢ Or iiio Inwees on behalt-ofg11 Ihe inLsiees Signature Prlnt liame ie ofapproi'AI 4fi h2a i z3 ## ## ## ||`SORPreference`|| |---|---|---| |`Summaryofthepurposesof`|`Para1.17`|`Thepromotionofanycharitablepurposewhichis`| |`thecharityassetoutinits`||`beneficialtothecommunityintheCountyof`| |`governingdocument`||`GloucestershireandtheCountyofSouth`| |||`Gloucestershireincluding:-`| |||`-theadvancementofeducationandtraining`| |||`-theadvancementofthearts,culture& heritage`| |||`-theadvancementofhealth& savingoflives`| |||`-theadvancementofamateursport`| |||`-theconservationofhistoricbuildingsandsites`| |||`-thepreventionand/orreliefofpoverty`| |||`-thedevelopmentandimprovementof`| |||`communityrelationsandsocialconditions`| |`Summaryofthemain`|`Para1.17and`|`Theactivitiesofthetrusteesareessentiallyto`| |`activitiesinrelationtothose`|`1.19`|`awardgrantsandtovisitprojectseithertoassess`| |`purposesforthepublic`||`thequalitiesofa potentialbeneficiaryatthe`| |`benefit,inparticular,the`||`applicationstageortofollowupaftera granthas`| |`activities,projectsorservices`||`beenmade.`| |`identifiedintheaccounts.`||| |`Statementconfirming`|`Para1,18`|`Whenconsideringapplicationsforgrants,the`| |`whetherthetrusteeshave`||`trusteeshaveconsistentlyincludedintheir`| |`hadregardtotheguidance`||`deliberationstherequirementthattheapplicant`| |`issuedbytheCharity`
`Commissiononpublic`||`shouldbeoperatingforthepublicbenefitas`
`definedbytheCharityCommission.`| |`benefit`||| ## ## ||`SORPreference`|| |---|---|---| |||`During2022/23,grantstotalling£24,850were`| |||`made.`| |||`Themajoritywereforsocialprojectsforthe`| |`Summaryofthemain`
`achievementsofthecharity,`
`identifyingthedifferencethe`|`Para1.20`|`improvementoflifeforthedisadvantaged`
`totalling£13,500which,inlinewiththeabove`
`policyconsistedofmanysmallgrantsmainlyof`
`£1,000orless.`| |`charity'sworkhasmadeto`||`TheTrustalsorunsanannualawardschemeto`| |`thecircumstancesofits`||`recognisetheoutstandingworkthattheCadet`| |`beneficiariesandanywider`||`organisationsdo- £1,350.`| |`benefitstosocietyasa`||`Intheartsandheritagefield,grantsof£9,500`| |`whole.`||`weremade,whichincludesamongotherthings,`| |||`singingandorchestralperformances.`| |||`Thewidevarietyofgrantswereallintendedto`| |||`improvethelivesandthesocialenvironmentof`| |||`thepeopleofGloucestershire,withspecial`| |||`emphasisonthedisadvantagedmembersof`| |||`society.`| ## |`Reviewofthecharity's`|`Para1.21`|`ThefinancesoftheTrustwerestrongwiththe`| |---|---|---| |`financialpositionattheend`||`GeneralFundholdingaroundfundsequaltothe`| |`oftheperiod`||`year'sgrants.Therehasbeenanincreasein`| |||`applications,perhapsfollowingtheCovid`| |||`pandemic.`| |||`TheRestrictedFundsarerecentlyacquiredand`| |||`areforhelpingdisadvantagedyouthinthe`| |||`county.TheTrusteesarestillworkingouthow`| |||`besttousethesefunds,thefirstgrantsare`| |||`expectedtobemadein2023/24.`| |`Statementexplainingthe`|`Para1.22`|`Thetrusteeswishtokeepreservesinthe`| |`policyforholdingreserves`||`GeneralFundofapproximatelyhalfa year's`| |`statingwhytheyareheld`||`incomeinordertobeabletorespondifthereis`| |||`anexceptionalneed.`| |||`ThereserveheldintheRestrictedFundwillbe`| |||`usedtomakeannualgrantsoverthenextten`| |||`years.`| |`Amountofreservesheld`|`Para1.22`|`GeneralFund:£23,122andRestrictedFund:`| |||`19,301.`| ## |||`TheincomeoftheTrustcomesintheformof`| |---|---|---| |||`donationsbymembersoftheHonourable`| |`Thecharity'sprincipal`||`CompanyofGloucestershire,whichisstrictly`| |`sourcesoffunds(including`
`anyfundraising)`|`Para1.47`|`separatefromtheTrust.Membersare`
`expectedtomakeanannualdonationtothe`| |||`Trust.`| |||`TheprincipalrisktotheTrustwouldbethe`| |||`liquidationoftheHonourableCompanyof`| |`Adescriptionoftheprincipal`|`Para1.46`|`Gloucestershirewiththeconsequentabsence`| |`risksfacingthecharity`||`ofannualdonationstotheTrust.`| ## |`Descriptionofcharity's`||| |---|---|---| |`trusts;`||| |`Typeofgoverningdocument`|`Para1.25`|`Trustdeeddated12'"Mach2012,`| |`(trustdeed,roya!charter)`||`SupplementalDeeddated8'^September2015`| |||`andSupplementalDeedsdated2^"February`| |||`2022and10'"june2022.`| |`Howisthecharity`|`Para1.25`|`Unincorporatedassociation.`| |`constituted?`||| |`(e.gunincorporated`||| |`association,ClO)`||| |`Trusteeselectionmethods`|`Para1.25`|`Everytrusteeisappointedbya resolution`| |`includingdetailsofany`||`passedatanordinarymeetingofthetrustees.`| |`constitutionalprovisionse.g.`||`Everytrusteemustbea memberofthe`| |`electiontopostornameof`||`HonourableCompanyofGloucestershire.In`| |`anypersonorbodyentitled`
`toappointoneormore`||`addition,theWardenandAssistantWardenof`
`theHonourableCompanyareautomatically`
`trusteesforaslongastheyholdthose`| |`trustees`||`positions.`| |`AdditionalInformation(optional)`||| |`Youmaychoosetoincludefurtherstatements`||`whererelevantabout:`| |||`Newtrusteesgenerallyalreadyhavesignificant`| |||`experienceofthedutiesandresponsibilitiesof`| |`Policiesandprocedures`||`trustees.TheChairofthetrusteesensuresthat`| |`adoptedfortheinduction`
`andtrainingoftrustees`|`Para1.51`|`allnewtrusteesarefullyinformedregarding`
`duties,responsibilities,thenormalmethodof`
`operatingandtherelationshipwiththe`| |||`HonourableCompanyofGloucestershire.New`| |||`trusteesareprovidedwitha copyofthetrust`| |||`deeds,supplementaldeedandthelatest`| |||`accounts.`| |||`Thetrusteesmeetasa bodyeveryquarterat`| |||`whichmeetingsalldecisionsaremade.The`| |`Thecharity'sorganisational`||`decisionsofthetrusteesattheirquarterly`| |`structureandanywider`
`networkwithwhichthe`|`Para1.51`|`meetingsarerecordedinwrittenminutes.`
`Therearenoemployeesorvolunteers.There`| |`charityworks`||`isanunpaidSecretarytotheTrusteesandan`
`unpaidTreasurer.`| |||`TheTrusteesmakeuseoftheconnectionswith`| |||`countyorganisationsofthewidermembership`| |||`oftheHonourableCompanyofGloucestershire.`| |||`Thereisa closerelationshipbetweentheTrust`| |||`andtheHonourableCompanyof`| |`Relationshipwithany`|`Para1.51`|`Gloucestershire.Alltrusteesmustbemembers`| |`relatedparties`||`oftheHonourableCompanyandtheWarden`
`andAssistantWardenareautomatically`| |||`trustees.ThetrusteesdorefertotheInterest`| |||`GroupsoftheHonourableCompanyforadvice`| |||`onanyparticulargrantapplicationswhenthey`| |||`considerthattobeappropriate,butalldecisions`| |||`madearewhollytheresponsibilityofthe`| |||`Trustees.`| |||`TheHonourableCompanyalsohassomefunds`| |||`heldbyGloucestershireCommunity`| |||`Foundation;thetrusteesco-operatewithGCF`| |||`inidentifyingsuitablebeneficiariesforgrant`| |||`makingfromtheGCFfunds.`| |||`Therearenosubsidiaryundertakings.`| ## |`Charityname`|`TheHonourableCompanyofGloucestershireCharitableTrust.`| |---|---| |`Othernamethecharityuses`|`N/A`| |`Registeredcharitynumber`|`1147656`| |`Charity'sprincipaladdress`|`MrsMargaretFuller,`| ||`Woodborough,`| ||`MoplaRoad,`| ||`Tutshill,`| ||`Chepstow,`| ||`Gloucestershire,NP167PS`| ## ##