OpenCharities

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2023-03-31-accounts

Additiona!governance issues ( Optional information)
Youmay choosetoinclude
additional information,where
relevant, about.
New (and current) Trustees are requiredtoread the CharityCommission
publication "EssentialTrustee'andfollowits guidance. Trusteesare
offeredadditionaltrainingiftheyfeelunder-informedin any areaof
governance.
opolicies and procedures
adopted fortheinductionand
trainingoftrustees.
othe charity'sorganisational
AlltheCharity'sworkis undertakenbytheTrustees.Nostaffare
employed. The Trustees have no sub-committees,ATreasurer anda
Chairman are appointedtoundertake the duties specifictothoseroles.
structure and anywider Thereare no relatedparttransactions.
network with whichthecharity
works.
1Trusteereceivedtravelexpenses off180thisyear(20121f.0)
relationshipwithany related
parties.
Asa solely grant-making Charity, the Trustees considerthatrisks are
minimal. Trustees have agrantsawardsprocessinwhichapplicantsare
trustees'consideration of vetted for suitability andprobity.Granteesarerequiredtoshowthatgrants
major risks andthesystem have been spentonthepurposesappliedfor.
and procedurestomanage
them. TheTrusteeshave an investmentpolicyand employ Financialand
lnvestment Adviserstoadvisethemon managingtherisk associatedwith
lnvestments.
To help children andyoungpeople,disadvantagedby disabillty or
economic circumstances, achievetheirpotential-especially
Summary of the objects of the childrenwithaparticulartalent
charitysetoutin its
governing document
Torelievefinancialhardships and poor health in older people
The Trust achieves its public objectives awarding grants to
registered charitiesworkingdirectlywithpeopleinthebeneficiary
groupsidentifiedintheTrust deed.
The Trust has also made grantstoinstitutions (e.9., schools) and
individuals in accordance with the with theTrust'sobjectives.
Each year theTrustreceives applications workingwithyoung
peopledisadvantagedby disabilityoreconomiccircumstances.
The Trust also receives applicationsfromindividuals for help with
Summary of themain learning, e.9., for equipmentortuitioncosts.
activitiesundertakenforthe
publicbenefit in relationto
theseobjects(includewithin
this sectionthestatutory
declaration thattrusteeshave
Astheseapplications far exceedintotalthesums availablefor
grantstheTrustees have grants roundstoselect those
applicationstheyconsider mostcloselyalignedwith Trust's
had regardto the guidance
issuedbythe Charity
Commission on public
benefit)
objectives.Beingasmall Trust, the Trustees tendtoprioritise
grantstosmall, local charitiesorcommunity groupswhereagrant
islikelytohaveasignificant,directbenefit on individuals in need.
Specific Arants awarded are listed inSectionDbelow
The Charity retains as muchaspossibleof its incomeforpublic
benefit by undertaking allitsworkthroughunpaid volunteers who
usuallyforgopaymentand expenses.
TheTrusteesmakeextensiveuseoftheguidance on charity
governance and management issuedbytheCharity
Commission'sguidanceonpublicbenefit

Date o¥IIGIIo2. TAR Marth 2012

SectionA and
Unrestricted
funds
Restricted
tunds
Endowment
funds
Totalfunds Lastyear
to the nearest
f
to the nearcstC to the nearest€ to the nsarest€ tothe nearest €
Drvrdends 31,060 31,060
Sundrylncorre 54 54
ntallntroduced
lnvestment lncome 12,148 12,144 10,538
Tax Retund
AR) 43,262 43,262 'r0,638
A2Asset andinvestment sales,
(seetable).
315 2128
15,479 5,050
4,75'l 4,954
95
20,6r7 12,228
BStatement of assets andliabilitiesatthe end of theperiod BStatement of assets andliabilitiesatthe end of theperiod BStatement of assets andliabilitiesatthe end of theperiod BStatement of assets andliabilitiesatthe end of theperiod
unrestricted
Categories Details funds
to nearestf
BlCashfunds at bank
Total cashfunds
(agree balances wnh receipts and paymeols
ac.ourn(s))
Unrestricted Restricted Endowment
funds funds funds
Details tonearestf tonearestf tonearest€
82 Other monetary assets
Details Fundtowhich Cost (optional)
83lnvestment assets Cash at lnvestrnent Company
lnvestment
Details Fundtowhich Cost (optional) Curentvalue
E}4Assets retainedforthe
charity's ownuse
Fundtowhich Amount due
Details
85 Liabilities
Signedby oneortwotrusteeson
behalfof all thetrustees
Signature Print Name
Elt4t4-3ANEa4\gf