Trustees, Annual Report for the period IIIA Period start date Period end date Year From Section A Reference and administration details Charity name THORGANBY FOUNDATION Other names charity is known by Registered charity number lif any) 1166695 Charity's principal address 2 Derwent Drive Wheldrake York Postcode Names of the charity trustees who manage the charity Office lif any) Dates acted if not for whole ear Tru$tee nam? Name of person lor body) entitled toa oint trustee if an Ex officio - Incumbent of Thorganby Co-opted Thorganby Parish Council Thorganby PCC Co-opted Thorganby PCC Co-opted Rev Jackie Doyle- Brett March - October 21 Mrs L Blackburn MRS E Garnham Mrs J Crowder Mrs G Slromberg Mrs S Fell MrHAKing Whole term 10 12 13 14 15 16 17 18 19 20 Names of the trustees for the charity, if any, (for example, any custodian trustees} Name Dates acted if not for whole ear March 2012 TAR Names and addresses of advisers (Optional information) e of adviser Name Address Independent examiner Mr T Holden 27 Courtneys, Wheldrake, York Y019 6SE Name of chief executive or names of senior staff members {Optional infonnation) Rev Peter Burgess- Secretary, Treasurer and Firsl Contact Section B Structure, overnance and mana ement Description of the charity's trusts Trust Deed Type of governing document eg. IrL151 d￿* How the charity is constituted cio Trustee selection methods appoin:.￿￿ By appointment Thorganby PCC (21. Thorganby Parish Council (1), Co-opted {4). Ex=officio {1) incumbent of Thorganby Church Additional governance issues (Optional information} You may choose to include additional information, where The Charity operates for the benefit of the resident of Thorganby Parish, York only. relevant, about.. Trustees are drawn from local residents. 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 lo manage them. The Trustees cannot foresee any major risks to the charity, all decisions are made by the body of the Trustees by simple majority vote (The vote may be submitted by email) and documented by the secretary. Section C Ob ectives and activities To relieve hardship of residents the Parish. To support Ihe education of persons resident in the Parish under 25 years of age and exceptionally over 25 years of age by direct grants or indirectly by supporting their educational establishment. Summary ofthe objects of the charity set out in its governing document TAR March 2012 No applications have been received for hardship {Poors} grants. Four education grants were awarded. This apparent lack of interest has resulted in a big drive to advertise grants in the following year. 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 publi benefit) Additional details of objectives and activities (Optional information} The policy on grant making is sel out in the Trust Deed. The policy for investment follows that of the advice given to the charity by a competent accountant. There are no volunteers beyond the appointed Trustees. You may choose to include further statement5, where relevant, about.. policy on grantmaking., policy programme related investment., contribution made by volunteers. TAR March 2012 Section D Achievements and performance Summary of the main achievements of the charity during the year The Trustees are investigating ways of encouraging applications for grants - COVID has rather suppressed the interest of residents. The income from the sale of 1 plot of Ings land has been re-invested. Section E Financial review Brief statement of the charlty's policy on reserves The intention of the charity is lo keep approximately one year's income in reserve although this has been exceeded by the lack of applications for grants. Details of any funds materlally in deficit None {bul see below) Further financlal review detalls {Optional information) You may choose to include Principal source of funding is from investments and land rents as were additional information, where transferred from the predecessor Charity. Sufficient funds were yielded lo relevant about.. meet requests for grants. The apparent deficit balance in the accounts the Charity's principal was due lo the income from the sale of one piece of land falling in the last sources of funds (including financial year and re-investment in the this financial year. any fundraising}', how expenditurè has supported the key objectives of the charity., investment policy and objectives including any ethical investment policy adopted. Section F Other optional information TAR March 2012 Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signaturels} Full namels) Position {eg Secretary, Chair, etcl gLi2hoi1t Cjn f & Date TAR March 2012 **Thorganby Foundation Charity number 1166695** ## **Financial Statements** ## **1[st] November 2020 to 31[st] October 2021** Contents: Page Independent examiners report 2 Receipts and payments account 3 Balances account 4 Stock movements, valuations 5 & notes **Thorganby Foundation** ## **Independent Examiner’s report:** I certify that I have examined the accounts of the Thorganby Foundation for the periods 1[st] November2020 to 31[st] October 2021. The financial statement set out on pages 3 to 5 are in accordance with the bank statements and receipt and payment vouchers presented to me. Signed…………… …………………………………………………..Independent Examiner Terence Holden 27 Courtneys Wheldrake York YO19 6BR Date: ……………………… 2 ## **Thorganby Foundation** |**R**|**eceipts and Payments for the period 1st November 2020 to 31st October 2021**|**eceipts and Payments for the period 1st November 2020 to 31st October 2021**|**eceipts and Payments for the period 1st November 2020 to 31st October 2021**|**eceipts and Payments for the period 1st November 2020 to 31st October 2021**|**eceipts and Payments for the period 1st November 2020 to 31st October 2021**|| |---|---|---|---|---|---|---| ||**Receipts:**|2019/2020||**_220/2021_**||Notes| |||||||| ||Charibond||666.76||764.36|| ||Charifund||3311.30||2797.11|| ||Lazard||0||0|| ||Bank interest||0||0|| ||Fieldrents:||0||0|| ||Plot1(Fell)||575.00||1725.00|| ||Plot2(Knott)||500.00||250.00|| ||Plot 3 (Ings Coward)||0||0|| ||Plot4(Coward)||210.00||0|| ||Good News Club||0||0|| ||Sale of Ings land (Plot
3)net||7177.64||0|| ||Wayleave||41.03||41.03|| ||||£12,481.73||_£5,577.50_|| ||**Payments:**|||||| ||Clerk’shonorarium|500.00||500.00||| ||Administration|53.44||18.00||| ||Bankcharges|0||0||| ||Advertising|64.00||56.84||| ||Charibond|0||8500.00||Ings land sale| ||Individual Educational|0||1050.00||| ||Group Educational|0||2040.00||| ||Schools|0||0||| ||PoorsRelief|900.00||0||| ||PoorsRelief individual|0||0||| ||Rainbows
Guild Guides|0||0||Monies held in trust| ||Land costs|1168.00||2.40||| ||Transfer to reserve
(COIF)|5000.00||0||| ||Wayleave|0||51.20||2 years| |||£7,685.44|£7, 685.44|
12,218.44|£12,218.44|| ||Net (Deficit)/Surplus of
receipts over payments
to income fund:||£4,796.29||_(£6,640.94)_|| 3 |**Transfers**|**From current account**|**To current account**|| |---|---|---|---| |Charibond|8500||25/05/2021| |COIF|Nil||| ## **Capital assets purchased and (sold):** ||16/12/2019|**25/05/2021**||||| |---|---|---|---|---|---|---| |||||||| |Charibond||**8500.00**||||| |Charifund||||||| |COIF Brownies||||||| |COIF Reserve|5000.00|||||| |**Total**|**5000.00**|**8500.00**||||| ## **Account Balances:** |**Assets Employed**|2019/2020|2019/2020|**_2020/2021_**|**_2020/2021_**|**_2020/2021_**| |---|---|---|---|---|---| |Valuationof land July2020||0|||**162,000.00**| |Investments at cost||111,468.38|||**119,968.38**| |Cashat bank||16,452.95|||**9,812.01 **| |||---------------||**-**|**--------------**| |||127,921.33|||**291,780.39**| ||||||| |Surplus/Deficit of income over
expenditure||4,796.29|||**-6,640.94**| |||---------------||**-**|**--------------**| |||132,717.62|||**285,139.45**| ||||||| |Change of value of assets||-17,096.54|||**13,610.89**| |||---------------||**-**|**--------------**| |||115,621.08|||**298,750.34**| ||||||| ||||||| |Current assets||99,168.13|||**288938.33**| |Cashat bank||16,452.95|||**9812.01 **| |||---------------||**-**|**--------------**| |||£115,621.08||**£298,750.34h**|| ||||||| ||||||| 4 ## **STOCK HOLDINGS at COST:** ||At 31/10/20|At 31/10/20|**At 31/10/21**|**At 31/10/21**| |---|---|---|---|---| ||Units|Cost|**Units**|**Cost**| |M&G Charibond|23812.645|£32,094.20|**30668.590**|**£40594.20**| |M&G Charifund|4113.395|£62,551.16|**4113.395**|**£62,551.16**| |COIF Brownies|6.22|£839.24|**6.22**|**£839.24**| |COIF TWCC|104.56|£15,983.78|**104.56**|**£15,983.78**| |||------------||**------------**| |||£111,468.38||**£119,968.38**| **LAND & STOCK VALUATIONS & CASH AT BANK as at 31[st] OCTOBER 2021*:** |**Land &**|**Units**|**Units**|**Bid price**
**(p)**|**Value**
**At 31st Oct 2021**|Value
At31stOct 2020
£29,906.30
£48,090.11
£1,188.74
£19,982.98|Value
At31stOct 2020
£29,906.30
£48,090.11
£1,188.74
£19,982.98| |---|---|---|---|---|---|---| |Land||||**£162,000.00**||| |M&G Charibond||30668.590|121,57|**£37,283.80**|£29,906.30|| |M&G Charifund||4113.395|1546.74|
**£63,623.53**|£48,090.11|| |COIF Brownies||6.22|23497.92|
**£1,461.57 **|£1,188.74|| |COIF Thorganby
Foundation||104.56|23497.92|
**£24,569.43**|£19,982.98|| |||||**£288,938.33**|£99,168.13|| |**Cash at bank**||||**£9,812.01**|£16,452.95|| |||||**£298,750.34**|£115,621.08|| ## **NOTES:** ***Note the net value of the Charity after deduction of CCLA Brownies (money held in trust) is £297,288,77** 5 ## **BLANK** 6