WILLIAM WILKINS TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023 Structur Governance & Mana em Governing Document The organisation is a Charitable Incorporated Organisation, registered as a charity on 14th July 2016. It began operating on the 12th November 2016, once the bank account was opened. Recruitment & Appointment of Trustees When admitting new members the board of trustees takes into account the contribution to the skills mix and balance of the board as a whole. Trustees are recruited by word of mouth and by direct approach to people who possess these skills and support the values and objects of the charity. Trustee Induction & Training At present new trustees have an informal induction process by meeting with one of existing trustees. This induction covers the following: A brief history of the organisation and its plans for development. A summary of the legal responsibilities for trustees. Statements of the current financial position with reference to the last 12 months and projections for the following 12 months. Future plans and objectives. The decision-making process. Resources available for ongoing development in the role (The Charity Commission web site and help line numbers and any other upcoming training event5) Existing trustees are encouraged to attend in-service training events for trustees. When this happens, the relevant trustee presents a summary with any relevant action noted. Organisational Structure The William Wilkins Trust is supported by a Board of Trustees who are responsible for policy decisions and encourage best practice within the activities of the organisation.
WILLIAM WILKINS TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31ST DECEMBER 2023 Decision Making The trustees have specific responsibility for employment, policy making and major financial decisions and commitments, Risk Management The trustees have conducted a review of the major risks to which the Charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks faced by the charity. Procedures are in place to ensure compliance with Health and Safety of staff, volunteers and visltors in accordance with all of the activities we are engaged in. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. Related Parties The charity has close links with Derby Vineyard Church, the trustees and volunteer workforce are all members of the church, charity number., 1124578. Objectives & Activities The Objectives of the Trust are for the benefit of the public: To advance the Christian faith in accordance with the Statement of Faith in the Schedule attached to the Trust Deed, in such ways and in such parts of Derby and the surrounding area as the Trustees from time to time may think and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the charity. Charity Aims & Difference we seek to make The William Wilkins Trust is committed to advancing the Christian faith by demonstrating what it means to follow Jesus Christ through practically serving the spiritual, physical and emotional needs of people in our local communities, the City of Derby and surrounding areas, specifically in line with the objectives and activities of the organisation. Through this investment we aim to be a catalyst for positive change within the City of Derby and surrounding areas,
WILLIAM WILKINS TRUST SY TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Charity objectives for the year l. To develop partnerships and support other Christian groups as they seek to advance the Christian faith. 2. To maintain and improve the fabric of the building. 3. To make grants in line with the charitable objects, Strategy and activities that contribute to achieving objectives l. To develop partnerships and support other Christian groups as they seek to advance the Christian faith continue to work with Christian groups who use the 'Wilkins Centre,. 2. To maintain and improve the fabric of the building -general maintenance and redecoration will be undertaken as required, 3. To make grants in line with the charitable objects. a proportion of the rental income is to be given to other charities who seek to advance the Christian faith. Achievements & Performance l. To dev rtner and ort other seek to advance the Christian faith. hristian A strong relationship exists been the William Wilkins Trust and Derby Vineyard. Volunteers who are part of the church have been involved in managing the affairs of the building, including managing the lettings of the building, decorating the building and arranging maintenance as required. In return, only minimal charges are made when groups from Derby Vineyard use the building. They have continued to make good use of the building for mid-week activities. 2. To maintain and im rove the fabric of the buildin Derby Vineyard undertook a major refurbishment project at the Wilkins Centre to install a new kitchen and carpets. Members of Derby Vineyard gave financially Loward the project contrlbuting over £4000. They undertook fund raising from the Community Fund and Benefact Trust, raising a further £12,265. Members of the church undertook
WILLIAM WILKINS TRUST ST TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 project management and were involved in removing walls, the electrical installation and decorating. The intention is to prepare the building so that it can be used as a Warm Space. 3. To make rants in line with the ch ritable ob. cts. The Trustees agreed that the Net Income/Expenditure was insufficient to make any large grants during this period. Financial Review Due to the renovation project the building was not hired and so no income was received, however the reserves were more than enough to cover the expenses of £4,295. Principal Funding Source The principal income source for the William Wilkins Trust is through the rental income from the Christian groups which hire the building. We do not currently receive any grants or bursaries from external bodies. Investment Policy Aside from retaining a prudent amount in reserves each year, all of the charity's fund5 are to be allocated towards fulfilling the objectives of the charity. Reserves Policy The Trustees have agreed to save towards having 3 months, core budget running costs in reserves. This policy is subject to a review annually, Trustees. Responsibilities The Charity Commission requires accounts to be prepared for each financial year which give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the trustees have endeavored to follow best practice and:
WILLIAM WILKINS TRUST ST TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 select Sultable accounting policies and then apply them conslstently,. make judgments and estimates that are reasonable and prudent, prepare the accounts on the going concern basis unless it is inappropriate to assume that the charity will continue on that basis. The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with recommended practice. Signed on behalf of the trustees...........,..................... i E C4a 2021fr.
William Wilkins Trust Statement of Financial Activities For the period I. January 2023 to 31, December 2023 2023 Unrestricted Restricted Funds Funds 2022 Total Unrestricted Restricted Funds Funds Total Income and endowments from.. Donations and Legacies 20,000 20,000 Investments Charitable Activities (Room Hirel 1,400 1,400 Total 21,400 21,400 Expenditure on.. Charitable Activities 4,295 4,295 6,727 6,727 Total 4,295 4,295 6,727 6.727 Net Income/lExpendlturel 14,2951 14,9251 14.673 14,673 Total Funds 8rought Forward 15,436 15,436 763 763 Funds Carrled Forward 11,141 11,141 15,436 0 15.436