Trustees’ Annual Report for the period
From 01/01/2024 To 31/12/2024
Charity name: The Broadway Trust
Charity registration number: 1166355
Objectives and Activities
----- Start of picture text -----
SORP reference
Summary of the purposes of Para 1.17 1. To encourage high standards of
the charity as set out in its architecture and planning in or
governing document affecting the village of Broadway
and its surrounding area.
2. To stimulate public interest in the
history, architecture and
landscape of Broadway
3. To encourage the preservation,
protection and improvement of
features of historic interest or
general public amenity
4. To support and maintain those
amenities necessary for a strong
community spirit in Broadway
Summary of the main Para 1.17 and 1. Managing and maintaining lands
1.19
activities in relation to those owned by the Broadway Trust for
purposes for the public the benefit of the Broadway
benefit, in particular, the community.
activities, projects or 2. Expanding and supporting the
services identified in the Membership of the Broadway
accounts. Trust.
3. Awarding grants to local bodies
in accordance with the
Constitution of the Broadway
Trust.
4. Reviewing and where appropriate
commenting upon planning
applications within the parish of
Broadway.
Statement confirming Para 1.18 Yes.
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
----- End of picture text -----
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38
Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
----- Start of picture text -----
SORP reference
----- End of picture text -----
| Achievements and Performance | Achievements and Performance | Achievements and Performance |
|---|---|---|
| SORP reference | ||
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | 1. Awarding grants in the total sum of £1,450; £1,000 to Broadway Museum and Art Gallery to part fund a new introductory film and £450 to the Barn Close GP Surgery Participation Group to part fund its bi-monthly informative articles in the Broadway Magazine. 2. These grants enhanced the visitor experience for those visiting the Museum and informed Broadway residents of services and amenities available at their doctor’s surgery. 3. Purchasing and refurbishing a defunct BT telephone kiosk and installing a defibrillator in the village centre to aid emergency treatment of heart attacks. |
Additional information (optional) You may choose to include further statements where relevant about:
----- Start of picture text -----
Achievements against Para 1.41
objectives set
Performance of fundraising
activities against objectives Para 1.41
set
Investment performance Para 1.41
against objectives
Other
----- End of picture text -----
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The general account of the Broadway Trust showed a deficit for the year of £3,037. However the Trust maintained deposits of £7,034 in its bank accounts and investments valued at £230,084. Its financial position was healthy |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | It is the policy of the Trust to hold reserves to meet recurring expenses of the Trust and to fund grants. |
| Amount of reserves held | Para 1.22 | Liquid reserves amounted to £7,034. |
| Reasons for holding zero reserves |
Para 1.22 | Not applicable. |
| Details of fund materially in deficit |
Para 1.24 | Not applicable |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Not applicable |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Subscriptions, rents, interest on deposits and dividends on investments. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution. |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable incorporated organisation. |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Selected and appointed by Trustees, elected at AGM |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
----- Start of picture text -----
Charity name Broadway Trust
Other name the charity uses
Registered charity number 1166355
Charity’s principal address 72 High Street,
Broadway,
Worcestershire
WR12 7AJ
----- End of picture text -----
Names of the charity trustees who manage the charity
----- Start of picture text -----
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Christopher Hotten Chair AGM
1
KC
2 Julieanne McGrigor Hon Treasurer AGM
3 Tom Morris AGM
4 James Peace AGM
Michael de Navarro AGM
5
KC
6 Robert Fulton AGM
7
8
9
10
11
12
13
14
15
16
17
18
19
20
----- End of picture text -----
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
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 |
Christopher Hotten KC |
|---|---|
| Christopher Peter Hotten KC | |
Chair of Trustees |
|
| 20thOctober 2025 | |
| 20thOctober 2025 |
Broadway Trust Profit and Loss 31.12.24
Income
| Members | £ | 3,035.00 |
||
|---|---|---|---|---|
| Interest | £ | 100.44 |
||
| Gift Aid | ||||
| Rent | £ | 1,000.00 |
||
| Donation | £ | 2,000.00 |
||
| Social Event Tickets | ||||
| £ | 6,135.44 |
|||
| Charitable Expenditure | ||||
| Grants | £ | 1,000.00 |
||
| Gross Profit/Loss | £ | 5,135.44 |
Overheads
| Marketing | £ | 424.00 |
|||
|---|---|---|---|---|---|
| Maintenance | £ | 6,165.60 |
|||
| Hire Charge | |||||
| Insurance | £ | 1,109.47 |
|||
| AGM/Social Event Expenses | £ | 131.35 |
|||
| Professional Fees | |||||
| Donations | £ | 100.00 |
|||
| Advertising | £ | 450.00 |
|||
| Bank Charges | £ | 62.80 |
|||
| £ | 8,443.22 |
||||
| Net Profit/Loss | -£ | 3,307.78 |
` |