## **Trustees’ Annual Report for the period** **From 1[st] November 2022 Period start date To Period end date 31[st] October 2023** **Charity name: Thorganby Foundation** **Charity registration number: 1166695** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To relieve hardship of persons resident**
**within the Parish of Thorganby**
**To support the education of persons**
**under 25 years and, exceptionally, those**
**over 25 resident in the Parish of**
**Thorganby**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**No applications have been made for**
**grants due to hardship.**
**The Trustees awarded grants totalling**
**£3,220 for educational purposes within**
**the year**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The Trustees are satisfied that all**
**payments met the criteria of the**
**Governing Document and have had due**
**regard to the Charity Commission**
**guidance**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||
SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**The policy on Grant Making is set out in**
**the Trust Deed**| |Policy on social investment
including program related
investment|Para 1.38|**The policy of investment follows that is**
**the advice given to the predecessor**
**charity**| |Contribution made by
volunteers|Para 1.38|**There are no volunteers beyond the**
**appointed Trustees**| Other ## **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|**This year the applications for grants**
**were lower than the income received in**
**the year and all were for educational**
**purposes, but were substantially lower**
**than the previous year.**
**As a result the Trustees have decided to**
**write to all the residents within the**
**Parish and also advertise the**
**Foundation and its purposes within the**
**Parish magazine**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Charity is in a sound position**
**financially with its investments held in**
**safe funds**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The Charity keeps at least one year’s**
**income in reserve, this is held in a**
**deposit account in addition to that held**
**in the current account**| |Amount of reserves held|Para 1.22|**£9763**| |Reasons for holding zero
reserves|Para 1.22|**N/a**| |Details of fund materially in
deficit|Para 1.24|**N/a**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/a**| ## **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|
**The principal source of funding is from**
**investments and land rents which were**
**transferred from the predecessor**
**Charity. The income this year exceeded**
**expenditure by £2,149. This surplus**
**income was added to the reserves.**| |---|---|---| |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|**Trust Deed**| |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|**By appointment by Thorganby PCC (2)**
**Thorganby Parish Council (1)**
**Co-Opted (4)**
**Ex-officio (1) being the incumbent of**
**Thorganby Parish Church**| |||| ## **Additional information (optional)** |**Additional information (optional)**|**Additional information (optional)**|**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|**All Trustees are deemed to have a**
**working knowledge of Trust**
**governance. If training is required or**
**requested the Trust will subsidise this**
**training**| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The Charity operates for the benefit of**
**the residents of Thorganby Parish in N**
**Yorkshire.**| |Relationship with any
related parties|Para 1.51|**Trustees are drawn from local residents**
**who may have a knowledge of those**
**living within the Parish**| |Other||**The Trustees cannot foresee any major**
**risks to the Charity. All decisions are**
**made by the body of Trustees by a**
**majority vote (which may be submitted**
**by email) and documented by the**
**Secretary**| ## **Reference and Administrative details** |Charity name|Thorganby Foundation| |---|---| |Other name the charity uses|| |Registered charity number|1166695| |Charity’s principal address|Common Bottom Farm
Thorganby
York
YO19 6DN| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee Rename**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Rev. J Doyle-Brett||Whole Term|Ex-officio| ||Mrs L Blackburn||“|Co-opted| ||Mrs E Garnham||“|ThorganbyPC| ||Mrs J Patrick||“|ThorganbyPCC| ||Mr S Fell|Chairman|“|ThorganbyPCC| ||Mr H A King||“|Co-opted| ||Mr S Mitcham||“|Co-opted| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name N/A** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**N/A**||| |||| |||| |||| |||| |||| ## **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**
**adviser**|**Name**
**Address**|**Name**
**Address**| |---|---|---| |**Bank**|HSBC|13, Parliament St, York YO8 1SE| |||| |||| |||| ## **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** **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)**|Stephen CR Fell|J M Beckerlegge| |**Position (eg Secretary,**|Chairman|Secretary| |**Chair, etc)**||| |**Date**||| ## **Thorganby Foundation** ## **Receipts and Payments account for the period 1st November 2022 to** |**Receipts**
**2021/2022**
£
£
Charibond
£ 674.72
Charifund
£ 3,249.58
Field Rent
Plot 1: F
###
Plot 2 (
###
Plot 4 £ 420.00 £ 2,570.00
Wayleave
£ 41.32
£ 6,535.62
**Payments**
Clerks Honorarium£ 600.00
Administration
£ 84.18
Bank Charges
£ 57.20
Advertising
Individual Educatio
###
Group Educational
###
Schools
£ 544.00
Wayleave
£ 8,733.66
Net Surplus/(Defcit) of
-£ 2,198.04
receipts and Payments
**Transfers**
**From Current Accout**
Charibond
Nil
COIF
Nil
**Capital Assets Purchased and (Sold)**
###
25/05/2021
Charibond
£ 8,500.00
Charifund
COIF Brownies
COIF Reserve
###
Total
**###**
**£ 8,500.00**
**Account Balances**
Assets Employed
2021/22
Valuation of land at July 202 £ 162,000.00|**Receipts**
**2021/2022**
£
£
Charibond
£ 674.72
Charifund
£ 3,249.58
Field Rent
Plot 1: F
###
Plot 2 (
###
Plot 4 £ 420.00 £ 2,570.00
Wayleave
£ 41.32
£ 6,535.62
**Payments**
Clerks Honorarium£ 600.00
Administration
£ 84.18
Bank Charges
£ 57.20
Advertising
Individual Educatio
###
Group Educational
###
Schools
£ 544.00
Wayleave
£ 8,733.66
Net Surplus/(Defcit) of
-£ 2,198.04
receipts and Payments
**Transfers**
**From Current Accout**
Charibond
Nil
COIF
Nil
**Capital Assets Purchased and (Sold)**
###
25/05/2021
Charibond
£ 8,500.00
Charifund
COIF Brownies
COIF Reserve
###
Total
**###**
**£ 8,500.00**
**Account Balances**
Assets Employed
2021/22
Valuation of land at July 202 £ 162,000.00|**Receipts**
**2021/2022**
£
£
Charibond
£ 674.72
Charifund
£ 3,249.58
Field Rent
Plot 1: F
###
Plot 2 (
###
Plot 4 £ 420.00 £ 2,570.00
Wayleave
£ 41.32
£ 6,535.62
**Payments**
Clerks Honorarium£ 600.00
Administration
£ 84.18
Bank Charges
£ 57.20
Advertising
Individual Educatio
###
Group Educational
###
Schools
£ 544.00
Wayleave
£ 8,733.66
Net Surplus/(Defcit) of
-£ 2,198.04
receipts and Payments
**Transfers**
**From Current Accout**
Charibond
Nil
COIF
Nil
**Capital Assets Purchased and (Sold)**
###
25/05/2021
Charibond
£ 8,500.00
Charifund
COIF Brownies
COIF Reserve
###
Total
**###**
**£ 8,500.00**
**Account Balances**
Assets Employed
2021/22
Valuation of land at July 202 £ 162,000.00|£
£ 1,150.00
£ 250.00
£ 210.00|**2022/2023**
£
£ 1,088.75
£ 3,475.82
£ 1,610.00
£ 41.32
£ 6,215.89
£ 4,066.36
£ 2,149.53
**To Current Acco**
Nil
Nil
2022/23
£ 162,000.00| |---|---|---|---|---| ||||£ 600.00
£ 37.70
£ 64.00
£ 124.00
£ 637.50
£ 2,000.00
£ 582.50
£ 20.66
current year
Nil|| ||**###**|**£ 8,500.00**||| |||
2021/22
£ 162,000.00||| |Investments at Cost
£ 119,968.38
Cash at bank at 1/11/2022
£ 7,613.97
£ 289,582.35
Surplus/(Defcit)
-£ 2,198.04
£ 287,384.31
Change on the Value of Asse -£ 2,678.09
£ 284,706.22
Current Assets
£ 277,092.25
Cash at bank
£ 7,613.97
£ 284,706.22
**Stock Holdings at cost**
As at 31/10/22
Units
£
M&G Charibond
30668.59 £ 40,594.20
M&G Charifund
4113.40 £ 62,551.16
COIF Brownies
6.22 £ 839.24
COIF Thorganby
104.56£ 15,983.78
£ 119,968.38
**Valuations and cash at Bank**
Units
Bid Price
Land
M&G Charibond
30668.59
106.3
M&G Charifund
4113.395
1374.82
COIF Brownies
6.22
22501.62
COIF Thorganby
104.56
22501.62
Cash at Bank
Cash at Bank|£ 119,968.38
£ 9,763.50
£ 291,731.88
£ 2,149.53
£ 293,881.41
-£ 8,038.13
£ 285,843.28
£ 276,079.78
£ 9,763.50
£ 285,843.28
As at 21/10/23
Units
£
30668.59 £ 40,594.20
4113.40 £ 62,551.16
6.22 £ 839.24
194.56 £ 15,983.78
£ 119,968.38
**Values as at 31st October**
**2022**
**2023**
£ 162,000.00 £ 162,000.00 ##
£ 33,186.48 £ 32,600.71 ##
£ 57,387.21 £ 56,551.78 ##
£ 1,376.65 £ 1,399.60 ##
£ 23,141.91
£ 23,527.69
##
£ 277,092.25 £ 276,079.78 ##
£ 7,613.97
£ 9,763.50
##
£ 284,706.22
£ 285,843.28
##|£ 119,968.38
£ 9,763.50
£ 291,731.88
£ 2,149.53
£ 293,881.41
-£ 8,038.13
£ 285,843.28
£ 276,079.78
£ 9,763.50
£ 285,843.28
As at 21/10/23
Units
£
30668.59 £ 40,594.20
4113.40 £ 62,551.16
6.22 £ 839.24
194.56 £ 15,983.78
£ 119,968.38
**Values as at 31st October**
**2022**
**2023**
£ 162,000.00 £ 162,000.00 ##
£ 33,186.48 £ 32,600.71 ##
£ 57,387.21 £ 56,551.78 ##
£ 1,376.65 £ 1,399.60 ##
£ 23,141.91
£ 23,527.69
##
£ 277,092.25 £ 276,079.78 ##
£ 7,613.97
£ 9,763.50
##
£ 284,706.22
£ 285,843.28
##| |---|---|---| ||
£ 277,092.25
£ 7,613.97|
£ 276,079.78 ##
£ 9,763.50
##| ||
£ 284,706.22|
£ 285,843.28
##| The COIF Brownies is held in trust. The net value of the Foundation is £284,443 31st October 2023 Dunt 3.68