## **Trustees' Annual Report for the period**
Period start date Period end date 01 04 2020 31 03 2021
**From to**
## Section A Reference and administration details
**Charity name** Gale Foundation Trust CIO
**Other names charity is known by**
N/A
**Registered charity number (if any)** 1163908
**Charity's principal address** 7 Windmill Close
Avon Castle, Ringwood
Hants **Postcode BH24 2DL**
## **Names of the charity trustees who manage the charity**
**Trustee name Office (if any)**
1[Kathleen Doris Gale ]
**Name of person (or body) Dates acted if not for entitled to appoint trustee (if whole year any)**
01/04/2020 – 13/12/2020
- 2 Richard John Gale
- 3 Bryan John Hoile
4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **Names and addresses of advisers (Optional information)**
**Type of adviser Name Address**
**Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
(eg. trust deed, constitution)
Constitution
How the charity is constituted
(eg. trust, association, company)
CIO
Trustee selection methods (eg. appointed by, elected by)
Edward Gale, Kathleen Gale & Richard Gale collectively founded the charity. Bryan Hoile was asked by them to become a fourth trustee.
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
- Kathleen Doris Gale sadly passed away on the 13th December 2020. A new trustee will be sought after to ensure more than 2 trustees are managing the charity.
Recently Richard Gale became major shareholder of Poole Town FC and the Kids & Community Officer for the same, at the same time stepping down as vice Chairman for the club. This new control and influence on the football club will enable the trust to cement its help to locally disadvantaged children.
Richard Gale also recently became a trustee of SYCC (Somerford Youth and Community Centre), again this new role will help forward the trusts support in the wider area.
March **2012**
**TAR**
2
## **Section C Objectives and activities**
## **Summary of the objects of the charity set out in its governing document**
The objectives of the CIO is to further such charitable purposes as the charity trustees if their discretion think fit in particular by providing financial support to those purposes.
## **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
Once again we have supported charities & organisations that help disadvantaged children, details of the support can be found in Section D.
The trustees in making such donations confirm that they have complied with the duty in section 17 (5) of the Charities Act 2011 with regard to public benefit guidance published by the commission.
## **Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
## Section D Achievements and performance
March **2012**
**TAR**
3
## Section D Achievements and performance
## **Summary of the main achievements of the charity during the year**
As stated in Section C & in previous years the charity has made a substantial donation towards Wave 105’s Mission Christmas Appeal, the charity was able to hugely increase the number of gifts donated this year to 11,000 at a cost of £14,000.00.
Again as last year the charity has supported Christmas 4 Kids who perform a touring puppet show in children’s hospices throughout the UK during the month of December. Due to COVID these were done remotely via remote video conferencing, therefore bringing the cost of these shows down. Total donation for this £2,000.00.
£12,000 (£10,000 plus VAT) of the £13,000 donated to Poole Town F.C’s Kids Initiative was to Wave 105 FM for the sponsorship of an appeal. This sponsorship was to help further the reach of the Kids initiative and to publicise the work it was undertaking within the local community. The main thrust of this initiative is to help disadvantaged children enjoy the fun of football and this has enabled children registered with children’s charities across Dorset to participate for free in soccer schools run by the club during school holidays.
## **Section E Financial review**
## **Brief statement of the charity’s policy on reserves**
As at the 31/03/2021 the charity held £45,875 within its bank account. At present the charity has minimal overheads and a low level of activity. It is not considered necessary for reserves therefore to be held save to pay very occasional day-to-day expenses of running the charity.
**Details of any funds materially in deficit**
None
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
March **2012**
**TAR**
4
## **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)**
**Position (eg Secretary, Chair, etc)**
**Date**
March **2012**
**TAR**
5
**Charity Name No (if any)** The Gale Foundation Trust CIO 1163908
**Receipts and payments accounts For the period** Period start date Period end date **To from** 4/1/2020 3/31/2021
## **CC16a**
## **Section A Receipts and payments**
**Unrestricted Restricted Endowment funds funds funds**
**----- Start of picture text -----**
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Bank refund on charges previous year - - - - -
Cash donation 20,000 - - 20,000 40,000
HMRC Gift Aid 5,002 - - 5,002 5,000
reimbursement of purchases - - - - -
- - - -
- - - - -
- - - - -
- - - - -
25,002 - - 25,002 45,000
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 25,002 - - 25,002 45,000
A3 Payments
Cash Donations 15,000 - - 15,000 6,660
Gift Donations (toys bought for appeal) 14,492 - - 14,492 7,056
Legal Fees - - - - -
bank Charges -
Sub total [ 29,492 ] - - 29,492 13,716
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 29,492 - - 29,492 13,716
Net of receipts/(payments) - 4,490 - - - 4,490 31,284
A5 Transfers between funds - - - - -
A6 Cash funds last year end 50,365 - - 50,365 19,081
Cash funds this year end 45,875 - - 45,875 50,365
**----- End of picture text -----**
CCXX R1 accounts (SS)
10/08/2021
1
## **Section B Statement of assets and liabilities at the end of the period**
||||**Unrestricted**||**Restricted**|**Endowment**|
|---|---|---|---|---|---|---|
|**Categories**|**Details**||**funds**||**funds**|**funds**|
|**B1 Cash funds**|Remaining|funds in account
**_Total cash funds_**|**to nearest £**
**45,875**
**-**
**-**
**45,875**|
|**to nearest £**
**-**
**-**
**-**
**-**|**to nearest £**
**-**
**-**
**-**
**-**|
||(agree|balances with receipts and payments
account(s))|OK|OK||OK|
||||**Unrestricted**||**Restricted**|**Endowment**|
||||**funds**||**funds**|**funds**|
|**B2 Other monetary assets**|**Details**||**to nearest £**
**-**
**-**
**-**|
|**to nearest £**
**-**
**-**
**-**|**to nearest £**
**-**
**-**
**-**|
|**B3 Investment assets**|**Details**||**Fund to which**
**asset belongs**|**Cost (optional)**
**-**
**-**
**-**||**-**
**-**
**-**
**Current value**
**(optional)**|
|**B4 Assets retained for the**|**Details**||**Fund to which**
**asset belongs**|**Cost (optional)**
**-**||**-**
**Current value**
**(optional)**|
|**h**
**it ’**||||
|**-**
**-**
**-**|**-**
**-**
**-**|
||||**Fund to which**||**Amount due**|**When due**|
|**B5 Liabilities**|**Details**||**liability relates**|
|**-**
**-**
**(optional)**|**(optional)**|
|Signed by one or two trustees on behalf
of all the trustees||Signature|Print|Name||Date of
approval|
CCXX R2 accounts (SS)
2
10/08/2021
MorrisLane
3U33 Commeraal Road
Poole, Dorset BH14 OHU
T 01202 715950
F 01202 715868
E mail@morrislane.co.uk
W www.morrf51ane.¢o.uk
chartered accountants
Independent examinevs report to the trustees of Gale Foundatlon Trust CIO
I report to the trustees on my examination of the accounts of the Gale Foundation Trust CIO (the
Trust) for the year ended 31 March 2021.
Responsibllltles and basls ol report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in
a¢¢ordance with the requirements of the Charilies Act 2011 ('the Act,). I report in respect of my
examination of the Trust's accounts carrted 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
seclion 145{5){b) of the Act.
Indepondent examlnerfs ststement
I have completed my examination. I Conffi that no material matters have come to my attention in
connection with the examination givrng me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by 5ertion 130 of thè
Act., or
2. the accounts do not accord ryth those records.
I have no concems and have come across no other matters in connection wrih the examination to
which attention should be drawn in this report in order to enable a proper undetstanding of th8
accounts to be reached.
Signed:
Name..
Phillip Rogers {FCCA)
Address:
Morris Lane Chartered A£oountants
31-33 Commercial Road
Poole
Dorset
BH14 OHU
Date..
Chartered Attoiintants • Bu4ness Advlsers • Speilall5t Tax Consullants
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