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2023-10-31-accounts

REGISTERED CHARITY NUMBER: 1148548
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 October 2023

for

The Antony Boot Charitable Trust
Griffith, Williams & Co
Chartered Accountants
36 Stryd Fawr
Pwllheli
Gwynedd
LL53 5RT
The Antony Boot Charitable Trust
Contents of the Financial Statements
for the Year Ended 31 October 2023
Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 12
Detailed Statement of Financial Activities 13
The Antony Boot Charitable Trust
for the Year Ended 31 October 2023

Report of the Trustees

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31October2023. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicableto charitiespreparingtheiraccountsin accordancewiththeFinancialReportingStandardapplicablein the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31October2023. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicableto charitiespreparingtheiraccountsin accordancewiththeFinancialReportingStandardapplicablein the UK
and Republic of Ireland (FRS 102) (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES

Objectives and aims

OuraimsandobjectivesremainthesameaswhentheCharitywasfirstfounded:ToadvancetheChristianfaithfor the
benefitofthepublicinEnglandandWalesinsuchwaysastheCharityTrusteesthinkfit,especiallyby(but not
exclusively):
a) Organizing programmes of physical education and other activities for children, young people and adults.
b) To provide advice and support for young people; and to
c) Promote residential holidays within a Christian setting
We are very thankful for contributions made by various individuals who contribute to the charity on a monthly basis.
IncomefrominvestmentsheldintheCharity'snamestillprovidesthebulkof ourregularincome.Dividendsare received
twice a year, usually in May and October.

Public benefit

The Trustees have had regard to the Charity Commission's guidance on public benefit.
Duringtheperiod1stNovember2022and31stOctober2023,wewereabletoawardbursarypaymentstoa totalof nine
familiesandoneyouthgroup.GrantswerealsomadetoWirralCouncilandTrinityCEMethodistPrimarySchool to
assistwithchildrenwithintheirremitattendingeducationalexperiencesat a ChristianAdventureCentre,meaningthat 5
schools were assisted in total.
Page 1
The Antony Boot Charitable Trust

Report of the Trustees

for the Year Ended 31 October 2023

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Wewereabletoonceagainbefinanciallysupportivetothoseseekingfundingassistanceforcharitableactivities taking
place for youth & children in our location.
This year has seen a consistency in numbers of those attending both youth clubs we support.

OYES! Academy (School years 3 – 6)

WehavesupportedacontinuedpatternofdeliveringstandardgamesnightsonaFridays,whichincludeaBible message
followedbygroupgames.Thisalsoinvolvesregularart&craftevenings,eventsaroundthetown,cookingnights and
themed challenge evenings.

OYES! Youth Group (School Years 7 – 11)

ThesealsotakeplaceonFridayevenings.TheyoungpeoplehearashortBiblemessageatthestartofclubfollowedby a
time for discussion groups.
Followingthediscussiontime,theyoungpeoplethencanchoosewhattheywouldliketodo.Theyareofferedarange of
gamesincludingtabletennis,airhockey,computergames,pool,artsandcrafts,boardgames.Thisisvaried occasionally
with some evenings involving themed games, outings or competitions.

OYES! Extra Time

Thissupportedactivitytakesplaceon Sundaysand providesan opportunityfor olderyouthto exploremorefully the Bible
teaching given on Friday evenings.

The Summer Programme

Overthesummerwesupportedyoungstersgoingalongto ‘TheMini-UltimateAdventure’at Min-Y-Donwherearound 30
youngpeoplecamealongfora weekendofactivitiesandgameswithBiblemessagesintheevening.Wealsotooka group
of 12 of our older youths along to the DTI festival, joining together with similar groups from all over the UK.

Sunday Mornings – ‘Junior Church’

InconjunctionwithTywynBaptistChurch,wecontinuetosupporttheprovisionof Bibleteachingandchildren’s groups
forallages.Wehavewidenedtheage-rangebeingworkedwithtoincludethosewhoareofpre-schoolage.Theolder age
range currently sees us working with youngsters who are fifteen years old.

Pre-School Children’s Work

We have continued to provide support for preschool mid-week groups during term time throughout the year.
Therecontinuesto be threegroupsrunningand we are pleasedthat many of the familiesattendmorethan one group. We
have around 30 families who attend regularly.
WeprovidesupportforMondaymorninggatheringsforatoddlersinginggroupandTuesdaymorningfortoddler play
group.ThesearebothheldwithintheTywynBaptistChurchbuilding.Thesegatheringsalsohelpthosefacingcost of
living challenges. The provision of a warm space enables savings on heating at home.
TheFridayoutdoorgroupwehavesupportedhasalsocontinuedtobepopularandnumbers& groupfeedback indicates
thatitprovidesan excellentsocialspaceformanyanda supportiveenvironmentwherebyanyonewithconcerns, anxieties
or simply looking for company, can come, be welcomed, and receive support and friendship from all those who participate

Toddler and Pre-school groups

A feature of the work of the Trust is to support and help groups set up for parents to bring along pre-school children.
Weseeanenormousbenefitinbeingabletoservewholefamilies.Manyofthefamiliesthatcanbewelcomedand cared
foraspartofthechurchworkthatwesupport,whenbringingtheirveryyoungchildren,willalsocontinuetohave their
children involved with youth & children’s work events when they are older.

Pastoral care

Page 2
The Antony Boot Charitable Trust

Report of the Trustees

for the Year Ended 31 October 2023

Keytotheeffectivenessofanyyouthworkistheabilitytoprovidepastoralcare&supporttoyoungpeople when
necessary.Thiscareisregularbutnotalwaysatpre-settimesandmayinvolvesimplylisteningtoayoungperson's worries
andfears.Therearefrequentopportunitiestoofferadviceorsometimesprovidelonger-term,ongoingsupport. Whatever
thenatureofthispastoralcare,itisalwayscarriedoutsensitivelybysenioryouthworkersandinaccordance with
safeguarding& socialnetworkingpolicies.We thereforetakestepsto understandthe policiesput in placeby  organizations
we fund or partner with.

Investment performance

ThecharityholdssharesinHenryBootPlc.Ourobjectiveforthisinvestmentistoprovidethecharitywitharegular and
relatively predictable income by way of dividends.

Internal and external factors

We are able to measure the performance of the charity and consider its activities a success if:

1. There have been several programmes run for children, young people and adults which have been well attended.

2. Overt opportunities have been created for young people to seek advice and support.

3. The charity has been able to financially support children, young people and / or adults to attend residential holidays within a Christian setting.

FINANCIAL REVIEW

Financial position

RegulargivingandincomefromsharesinHenryBootplchelptoprovidethebulkofourincome.Income is
supplemented by recaiming an amount of gift aid each year.
We havenot identifiedsignificantrisksor uncertaintiesthatare currentlyfacingthe charity.Thereis inevitablya degree of
uncertaintyconcerningtheexactamountofincomethatbothdonationsandincomefromsharesinHenryBootplc will
bring, however this uncertainty is not currently considered to be of any concern.

Principal funding sources

The charities income from the year primarily came from three sources:

1. Regular giving from supporters

2. One off donations

3. Dividends from the shares held in Henry Boot plc.

Eachof thesesourcesareimportantas theregulardonationsprovidea sourceof predictableincome.Dividendspaid were
another source of anticipated income.
Thiscombinationof sourcesof incomeallowsthe charityto investin projectswhilstbeingreasonablyconfidentthat funds
will continue to be available to serve any additional causes that fit with the charity's purposes.

Secondary funding sources

RealisationofsomeofourshareinvestmenttomeetongoingTrustobjectives,shouldtheprincipalfundingsources be
insufficient to meet the needs of the Charity.

Investment policy and objectives

ThecharityholdssharesinHenryBootPlc.Ourobjectiveforthisinvestmentistoprovidethecharitywitharegular and
relatively predictable income by way of dividends. This year this objective was realised.
Page 3
The Antony Boot Charitable Trust
for the Year Ended 31 October 2023

Report of the Trustees

FINANCIAL REVIEW

Reserves policy

Having regard to their responsibilities to both ensure the future financial stability of the charity and
the need to ensure charitable funds are used effectively to achieve its charitable aims, the trustees have
determined that reserves should be maintained in the region of 6months income.
The trustees intend to use any reserves in the following manner:
a. To meet payment deadlines for youthwork services.
b. To honour any bursary authorised.
c. To meet any payment deadlines for administrative or accounting fees.
The trustees will review the policy annually - if income becomes more evenly spread between dividends and
monthly private donations it may be sensible to amend this policy.
None of the charity’s funds are restricted.

FUTURE PLANS

Youth and children's work

Regular term time weekly activities

Weeklyyouthclubs,SundaymorningChurchsessions,pre-schoolandtoddlerwork.Previouslywehaveprovided funding
fora Family’sworkerat TywynBaptistChurch.Thisworkerwouldhelpprovideactivities,eventsandsupportfor parents.
Although no application was made to us in this financial year, we anticipate a request for funding in 2023-24.

Summer Camps

Weplantomaintainoursupportforannualsummercamptripswithcampsplannedforolderyouth,11– 14yrsand for
primary school age children.

Bursaries

We anticipateanotheryearof requestsfrom needyfamiliesseekingto afforda holidayat Christianholidayvenues.We are
motivatedto keepenablingas manyfamiliesas we can to be ableto havetheopportunityto enjoytimeawaytogether. We
are thankfulfor the many we witnessedwhobenefitedenormouslyfrom the opportunitiesassistancewithfunding brought
to them.

Recruitment of Additional Trustees

We continue to review and discuss potential new Trustees to join us in overseeing the charity.

Website

Development of our website to incorporate a mechanism for contributions and donations

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity is controlled by its governing document (a deed of trust) and constitutes an unincorporated Charity.

Recruitment and appointment of new trustees

AllfourTrusteesoftheAntonyBootCharitableTrusthaveremainedconstant;thosebeing:AntonyBoot,Peter Cook,
Susan Cook and David Vernalls.
AlltrusteesmustbeappointedbyaresolutionoftheTrusteespassedataspecialmeeting.TheTrusteesmusthave regard
to the skills, knowledge and experience needed for the effective administration of the charity.

Decision making

Applicationsto the charityfor fundingare discussedand reviewedby all trusteesand are normallyapprovedif they both fit
withcharity'skeyobjectivesandthefundsrequestedareavailableyetwouldnothaveadetrimentaleffecton other
commitments (both current & anticipated).
Page 4
The Antony Boot Charitable Trust
for the Year Ended 31 October 2023

Report of the Trustees

STRUCTURE, GOVERNANCE AND MANAGEMENT Induction and training of new trustees

Currentlythecharity'sTrusteesdonotundergoanyformaltraining.Rathertheyare,inpartselectedbasedupon their
existingknowledgeandexperience.NewTrusteescanmakeenquiriesanddiscussissuesregardingtheworkingsof the
charitywithexistingTrustees.AdviceisalsoreadilyavailablefromGriffith,Williams&Co.whoprovideuswith charity
related services.
NewTrusteesareselectedinpartbasedupontheirexistingknowledgeandexperience.Asthecharityoutsourcesmuch of
itswork,inductionandtrainingcanbekepttoaminimum.Traininggivenmayinclude'shadowing'existing Trustees,
discussingindetailtheCharity'sobjectivesandthemechanismbehindfulfillingthem,andencouragingquestions. There
are also excellent resources available through the Charities Commission outlining the roles and responsibilities of trustees.

Systems and management

UndertheguidanceofGriffith,Williams&Co.Pwllheli,NorthWaleswehaveimplementedasystemofcontrols for
approving of invoices received for youthwork services carried out in the local area on behalf of the Trust.
TheorganisationprovidingthestaffingforYouthwork(thatbeingMinyDonChristianAdventureCentre) has
establishedamethodforverifyingtheirinvoicingandloggingofyouthworkevents.Griffith,Williams&Co.actas an
independentassessorandverifierofallinvoicesraisedbyMinYDonChristianAdventureCentretotheTrust.This has
enabled us to put into place systems that allow the ABC Trust to function efficiently.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1148548

Principal address

Min Y Don
Arthog
Gwynedd
LL39 1BZ

Trustees

A C Boot (deceased 16.3.24)
Mrs S J H Cook
P F Cook
D M Vernalls

Independent Examiner

Sian M Williams
Griffith, Williams & Co
Chartered Accountants
36 Stryd Fawr
Pwllheli
Gwynedd
LL53 5RT
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
...........................................................................
Trustee
Page 5
Independent Examiner's Report to the Trustees of
The Antony Boot Charitable Trust

Independent examiner's report to the trustees of The Antony Boot Charitable Trust

I reportto the charitytrusteeson my examinationof the accountsof The AntonyBootCharitableTrust(theTrust)for  the
year ended 31 October 2023.

Responsibilities and basis of report

AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
I reportin respectof my examinationof theTrust'saccountscarriedoutunderSection145of theAct andin carrying out
my examinationI havefollowedall applicableDirectionsgivenby the CharityCommissionunderSection145(5)(b)of the
Act.

Independent examiner's statement

Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I haveno concernsand havecomeacrossno othermattersin connectionwiththeexaminationto whichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sian M Williams
Griffith, Williams & Co
Chartered Accountants
36 Stryd Fawr
Pwllheli
Gwynedd
LL53 5RT
Date: .............................................
Page 6
The Antony Boot Charitable Trust

Statement of Financial Activities

for the Year Ended 31 October 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Investment income
2
Total
EXPENDITURE ON
Charitable activities
Bursaries
Bursary to individual
Charitable activities
Other
Total
Net gains/(losses) on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
31.10.23
Unrestricted
fund
£
26,010
34,650
60,660
12,783
5,237
52,270
4,678
74,968
(330,000)
(344,308)
1,231,886
887,578
31.10.22
Total
funds
£
7,262
31,450
38,712
891
7,761
52,662
4,240
65,554
(205,000)
(231,842)
1,463,728
1,231,886
The notes form part of these financial statements
Page 7
The Antony Boot Charitable Trust

Balance Sheet

31 October 2023

Notes
FIXED ASSETS
Investments
6
CURRENT ASSETS
Debtors
7
Cash at bank
CREDITORS
Amounts falling due within one year
8
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
9
Unrestricted funds
TOTAL FUNDS
31.10.23
Unrestricted
fund
£
865,000
4,555
25,344
29,899
(7,321)
22,578
887,578
887,578
887,578
887,578
31.10.22
Total
funds
£
1,195,000
458
44,309
44,767
(7,881)
36,886
1,231,886
1,231,886
1,231,886
1,231,886
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon .............................................
and were signed on its behalf by:
.............................................
Trustee
The notes form part of these financial statements
Page 8
The Antony Boot Charitable Trust
Notes to the Financial Statements
for the Year Ended 31 October 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicableto charitiespreparingtheiraccountsin accordancewiththe Financial Reporting
StandardapplicableintheUK andRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Charities
Act 2011.The financialstatementshavebeenpreparedunderthe historicalcostconvention,withthe exception of
investments which are included at market value, as modified by the revaluation of certain assets.

Income

All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhas entitlementto the funds,it is
probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilitiesare recognisedas expenditureas soonas thereis a legalor constructiveobligationcommittingthe charity
tothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementand the
amountof the obligationcan be measuredreliably.Expenditureis accountedfor on an accrualsbasisand has been
classifiedunderheadingsthataggregateall cost relatedto the category.Wherecostscannotbe directlyattributed to
particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grantsofferedsubjectto conditionswhichhavenotbeenmetat theyearenddatearenotedas a commitment but
not accrued as expenditure.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arisewhenspecifiedbythedonororwhenfundsareraisedforparticularrestrictedpurposes.Thereare currently
no restricted funds.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. INVESTMENT INCOME

31.10.23 31.10.22
£ £
Dividend income 34,650 31,450
continued...
Page 9
The Antony Boot Charitable Trust

Notes to the Financial Statements - continued

for the Year Ended 31 October 2023

3. GRANTS PAYABLE

GRANTS PAYABLE
31.10.23 31.10.22
£ £
Bursaries 12,783 891
Bursary to individual 5,237 7,761
18,020 8,652

4. TRUSTEES' REMUNERATION AND BENEFITS

Therewereno trustees'remunerationor otherbenefitsfor the year ended31 October2023nor for the year ended
31 October 2022.

Trustees' expenses

Therewerenotrustees'expensespaidfortheyearended31October2023norfortheyear ended
31 October 2022.

5. ACCOUNTANCY FEES

2023 2022
Fees payable to the charity's independent examiners for the independent
examination of the charity's financial statements
1764.00 1680.00
Independent examiner's remuneration for the non examination work 2658.00 2530.00
4422.00 4210.00

6. FIXED ASSET INVESTMENTS

MARKET VALUE
At 1 November 2022
Revaluations
At 31 October 2023
NET BOOK VALUE
At 31 October 2023
At 31 October 2022
Listed
investments
£
1,195,000
(330,000)
865,000
865,000
1,195,000
There were no investment assets outside the UK.
TheinvestmentisregardingsharesheldinHenryBootPlc.Thebasisfordeterminingthefairvalueof the
investment is using the quoted market price as at the year end.
Cost or valuation at 31 October 2023 is represented by:
Valuation in 2023
Listed
investments
£
865,000
continued...
Page 10
The Antony Boot Charitable Trust

Notes to the Financial Statements - continued

for the Year Ended 31 October 2023

7.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
8.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
9.
MOVEMENT IN FUNDS
At
1.11.22
£
Unrestricted funds
General fund
1,231,886
TOTAL FUNDS
1,231,886
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
60,660
(74,968)
TOTAL FUNDS
60,660
(74,968)
Comparatives for movement in funds
At
1.11.21
£
Unrestricted funds
General fund
1,463,728
TOTAL FUNDS
1,463,728
31.10.23
£
4,555
31.10.23
£
7,321
Net
movement
in funds
£
(344,308)
(344,308)
Gains and
losses
£
(330,000)
(330,000)
Net
movement
in funds
£
(231,842)
(231,842)
31.10.22
£
458
31.10.22
£
7,881
At
31.10.23
£
887,578
887,578
Movement
in funds
£
(344,308)
(344,308)
At
31.10.22
£
1,231,886
1,231,886
continued...
Page 11
The Antony Boot Charitable Trust
Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

9. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
38,712
38,712
Resources
expended
£
(65,554)
(65,554)
Gains and
Movement
losses
in funds
£
£
(205,000)
(231,842)
(205,000)
(231,842)
Gains and
Movement
losses
in funds
£
£
(205,000)
(231,842)
(205,000)
(231,842)
(231,842)
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS
At
1.11.21
£
1,463,728
1,463,728
Net
movement
in funds
£
(576,150)
(576,150)
At
31.10.23
£
887,578
887,578
A currentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
99,372
99,372
Resources
expended
£
(140,522)
(140,522)
Gains and
Movement
losses
in funds
£
£
(535,000)
(576,150)
(535,000)
(576,150)
Gains and
Movement
losses
in funds
£
£
(535,000)
(576,150)
(535,000)
(576,150)
(576,150)

10. RELATED PARTY DISCLOSURES

Duringtheyear£52,270wasinvoicedfromMinyDonChristianAdventureCentretotheCharity,for services
providedtotheCharity.Ofthisamount£3,085wasoutstandingattheyearend.Threeofthetrusteesof the
Charity are partners in Min y Don Christian Adventure Centre (namely P Cook, S Cook and A Boot).
Alsodonationsweremadeby theCharityto thevalueof £16,670so thatthebeneficiariescouldenjoya holiday at
Min Y Don Christian Adventure Centre.
Page 12
The Antony Boot Charitable Trust
Detailed Statement of Financial Activities
for the Year Ended 31 October 2023
Detailed Statement of Financial Activities
for the Year Ended 31 October 2023
31.10.23 31.10.22
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 20,880 5,881
Gift aid 5,130 1,381
26,010 7,262
Investment income
Dividend income 34,650 31,450
Total incoming resources 60,660 38,712
EXPENDITURE
Charitable activities
Procurement of services for charitable activities 52,270 52,502
Bursaries and grants paid 18,020 8,652
70,290 61,154
Support costs
Information technology
Website costs 221 155
Governance costs
Auditors' remuneration 1,764 1,680
Auditors' remuneration for non audit work 2,658 2,530
Administration 35 35
4,457 4,245
Total resources expended 74,968 65,554
Net expenditure (14,308) (26,842)
This page does not form part of the statutory financial statements
Page 13