2021-03-31-accounts - The Greenwoods Charitable Trust

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Charity No. 1167249 THE INCE GROUP CHARITABLE FOUNDATION REPORT & FINANCIAL STATEMENTS 31 MARCH 2021

The Ince Group Charitable Foundation Report and financial statements For the year ended 31 March 2021 Contents Page: Independent Examiner's Report to the Trustees Trustees, Annual Report Statement of financial activities Balance sheet

The Ince Group Charitable Foundation Independent Examinerts Report to the Trustees of The Paphitis Charitable Trust For the year ended 31 March 2021 I report to the Irustees on my examination of the accounts of the Foundalion for the year ended 31 March 2021. This report is made solely to the charity's trustees, as a body, in accordance with Regulation 31 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state lo the charity's trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity's trustees as a body, for my work, for this report, or for the statement I have made. Responsibilities and basis for report As the charity trustees of the Foundation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the ACT) I report in respect of my examination of the Foundation's accounts carried out under section 145 of the 2011 Acl and in carrying oul my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){bl of the Act. Independent examlner's statement I have completed my examination. I confimi that no malerial malters have come to my attention in connection with the examination giving me cause to believe= accounting records were not kept in respect of the tTrustl as required by section 130 of the Act- or 2. the accounts do not accord wth those records- or 3. the accounts do not comply with the accounting requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports1 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; or 4. the account5 have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities. I have no concern5 and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. DocuS*Mdty'. DA15AED75D45453 Heather Wheelhouse ACA Bristol, UK Date: 30 January 2022 BDO LLP is a limited liability partnership registered in England and Wales Iwith registered number OC3051271.

(NARNY (Ow10 Trustees. Annual Report for the period Period $tsrt date Period end date 31 arch From 2020 2021 Section A Reference and adniinistration details Charlty namè The Ince Group Charitable Foundation Other names charlty Is known by Registered charity number (if any) 1167249 Charity's principal address Aldgate Tower 2 Leman Street London Postcode E18QN Names of tho charlty trustees who manage tho charity D•tes actsd if not for whol• year Whole year Whole Year Trusts• name Office1Sf jny) Chaimian Trustee Nam• l<x body} entitlgd to appolnt tN¥tee il anv Roger Peters Adrian Biles John Biles Mariann Faidey Amelia Beringer Oonagh Alen Buckley Victoria Yat8S Carl Walker Trustee Trustee Whole year Whole year Whole year Vvhole year Trustee Trustee Trustee Trustee Whole year The year until 17 March 2021 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 actsd If not for whole ear TAR MaTch 2012

Names and addrossos of advisors (Optional information) e of adviser Name Address Solicitor Ince Gordon Dadds Aldgate Tower as aforementioned LLP Investment Manager Auditor Veme8r Partners 130 Jemiyn Street London SW1Y 4UR 55 Baker Street, London, W1 U 7EU BDO LLP Name of chief executive or names of senior staff members (Optional informalion) Section B Structure, overnance and mana ement Description of the Charity's trusts Deed of Trust Type of goveming document How the charfty Is constitirted Trust Tnjstee selection methods Appointed by body of trustees from time-towtime after consideration of their qualifications and experience Additional governance issues (Optional Infomiation) The Trustees are mindful of the Foundation's connection with The Ince Group PIC and its subsidiaries. The trustees are implementing an Investment Policy and Grant Making Policy. The Grant Making Policy in particular will deal wrth the relationship with the In Group PIC and its employees. 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 struclure and any wider nehvork wth which the charity works., relationship with any related parties., trustees, consideration of major risks and the system and procedu$ to manage them. Section C Ob'ectives and activities TAR March 2012

Grant making to charitable purposes in the United Kingdom and to other United Kingdom registered charib'es. Summary of tho objects of the harity set out in its gov6mlng document The charity has made grants to UK registered ¢h8rities which benefit primarily the vulnerable, homeless and mental health. At all times when conducting the charities activities the tnjstees have had regard to the Chanty Commission guidance on public benefit. Summary of tho maln activities undertaken for the publlc benefit in relation to the88 objècts (include within th1$ sectlon the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on publlc beneflt) Additional details of objectlves and activities {Optional infomiation) TAR Marth 2012

At this time the trustees do nol have a specific grant making policy but are preparing one for implementation. Their unwritten policy when making grants al present it to make small donations to a range of charit18s which are for the benefit of vulnerable groups. The charity has no volunteers apart from the trustees, who are unpaid. 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 TAR Marth 2012

Section D Achievements and performance The charity has succeeded in making a number of small grants to charities which are for the benefit of vulnerable groups in the furtheran of its objectives. The charity has also invested capital in the hope of further increasing the amount available for fvture grants. Summary of the main achievements ofthg Gharity during the yèar TAR March 2012

Section E Financial review The charity succeeds in keeping rts invested capital in reserve as well as a strong bank balance. Brief statèment of the charity's policy on resarvos Details of any funds materially in deficit NIA Further financlal revlew detalls Iopiional infomiation The charity has a conservative investment policy and is considering ihe implementation of a more detailed policy in this respect. You may choose to include additional inforniation, 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. Section F Other optional information Section G Declaration Tho trustees declare that they have app rustees, report above. Signed on behalf of the charity's tru Signature(s) Full namels) Position (eg Secretary• Chair. Roger May Peters Chairman Date 2810112022 TAR Plarch 2012

THE INCE GROUP CHARITABLE FOUNDATION 1167249 Receipts and payments accounts For the period 01/04/2020 31/03/2021 To from

CC16a

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 113,766 113 5,023 - - - - - 118,902 5,135 - 5,135 124,037	Restricted funds to the nearest £ - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - -	Total funds to the nearest £ 113,766 113 5,023 - - - - - 118,902 5,135 - 5,135 124,037	Last year to the nearest £
Donations and legacies	113,766				102,149
Interest on deposit accounts	113				-
Dividends on investments	5,023				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	118,902				102,149

A2 Asset and investment sales, (see table).
Sale of investments	5,135
	-				-
*Sub total*	5,135				-
*Total receipts* A3 Payments
					102,149

Grants and donationspaid	69,450	-	-	69,450	32,018
Bank interest	116	-	-	116	108
Investment management costs	1,635	-	-	1,635
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
**Sub total **	71,201	-	-	71,201	32,126

A4 Asset and investment purchases, (see table)
Purchase of investments	67,673				151,979
					-
**Sub total **	67,673				151,979
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					184,105

	- 14,837	-	-	- 14,837	- 81,956
	-	-	-	-	-
	107,159	-	-	107,159	189,115
	92,322	-	-	92,322	107,159

CCXX R1 accounts (SS)

26/01/2022

Section B Statement of assets and liabilities at the end of the period

Cash at bank Investment cash account Details Details *Total cash funds* (agree balances with receipts and payments account(s))	Unrestricted funds to nearest £ 78,562 13,760 - 92,322 OK Unrestricted funds to nearest £	Restricted funds to nearest £ - - - - OK Restricted funds to nearest £	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
	-	-	-
	-	-	-
	-	-	-
	-	-	-
	-	-	-
	-	-	-
Signature Details Details Details Other investments- Vermeer Partners Investment Holdings	Fund to which asset belongs Cost (optional) Unrestricted funds 216,663 - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name		Current value (optional)
			245,282
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)





			Date of approval

CCXX R2 accounts (SS)

26/01/2022