OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-07-31-accounts

Statement o
SectionA
ffin ancial ac tivities
oooz
Recommendedcategoriesby ooc(5p Unrestricted Restricted
income
Endowment Prioryear
activity (, fundst funds
f
funds
Total funds
f
funds
lncoming resources(Note3) F01 F02 F03 F04 F05
lncome and endowments from:
Donationsandlegacies s01
Charitable activities s02
Othertrading activities s03
lnvestments s04 1 I 10,089
Separate materialitemofincome s0s
Other s06
Total s07 1 1 '10,089
Resourcesexpended(Note6)
Expenditureon:
Raisingfunds s08 8,955 8,955 8,928
Charitable activities eno 21,124 21,124 28,024
Separate materialitemof expense sl0
Other s11
Total s12 21,124 8,955 30,079 36,952
Netincome/(expenditure) before investment
gains/(losses) s13 21,124 8,954 30,078 26,863
Netgains/(losses)on investments s14 84,197 84,197 42,804
Net income/(expenditure) s15 21,124 75,243 54,119 69,667
Extraordinary items s16
Transfersbetweenfunds Jt/ 27,946 27,946
Otherrecognisedgains/(losses):
Gains and losses on revaluationoffixed assets for the charity's ownuse s'18
Olher gainsi(losses) Qto
Netmovement in funds s20 6,822 47,297 54,119 69,667
ReconciIiation offunds :
Total fundsbroughtforward s21 29,073 637,222 666,295 735,962
Totalfundscarriedforward s22 35,895 684,519 720,414 666,295

SectionB Bala nce sheet
6o
oz
o)oC
(o
'=
Unrestricted Restricted
income
Endowment Totalthis Total last
(, funds
E
funds
E
funds
f
yeart year
f
Fixed assets F01 F02 F03 F04 F05
Intangibleassets (Note15) 801
Tangibleassets (Note14) 802
Heritage assets (Note16) 803
lnvestments (Note17) B04 678,821 678,821 594,624
Totalfixed assefs 805 678,821 678,821 594,624
Gurrent assets
Stocks (Notel8) B06
Debtors
lnvestments
(Note19)
(Note17.4)
807
B08
5,698 5,698 42,598
Cashatbankand in hand (Note24) 809 36,670 36,670 29,794
Totalcurrenf assefs 810 36,670 5,698 42,368 72,392
Creditors:amounts fallingduewithin
oneyear
(Note20)
B11 775 775 721
Netc urrent assets/(Iiab iIiti es) 812 71,671
Iotalassetsless current liabilities B'13 35,895 666 295
814
Provisionsforliabilities 815
Totalnet assefsorliabilities 816 35,895 684,519 720,414 666,295
Fundsofthe Charity
Endowmentfunds (Note27) 817 684,519 684,5'19 637,222
Restrictedincome funds(Note27) 818
Unrestricted funds 819 35,895 35,895 29,073
Revaluationreserye 820
Totalfunds 821 35,895 684,519 720,414 666,295
Signedbyoneortwo trustees on behalf ofall Date of
the trustees Signature Print Name approval
rrT/ n l(rurta.-rnrsil?Hrupr dd/mm/vyuy
rcirfZrlS-l
I

ObjectivesandActiviti es
SORP reference
Summaryofthepurposesof Parc1"17 Toadvance in life andrelievetheneeds of young people
thecharity as setoutinits uptotheageof2L yearswhoare residentintheCounty
governing document ofSomersetandparticularly but notexcluslvely livingin
thelocalityofStAndrew'sChurch Congresbury
Summaryofthemain
activitiesin relation to those
Para1.17 and
'l.'19
L)Directly orviathe supportofotherCharitableBodies,
provideassistancetoachieve some specifiedgoalthat
purposes forthepublic
benefit,inparticular,the
activities,projectsor
will contribute totheirlifechancesand personal
fulfilmenU
servicesidentifiedinthe (2)Tosupport charitablebodiesthatprovide activities
accounts. whichdevelopthelrskills,capacities and capabilitiesto
enablethemtoparticipatein societyasmatureand
responsible individuals;
(3)To supportcharitablebodies intheirprovisionof
recreational and leisuretimeactivitiesprovidedinthe
interestofsocialwelfare,designedtoimprovetheir
conditionsoflife
Statementconfirming
whetherthetrusteeshave
had regard totheguidance
Para1.18 The Trusteeshaveallreceivedthethree Charity
Commissionbooklets"Guidance onPublic Benefit
PBl,P82,P83"andstatethey havecompliedwith
their duty tohavedueregard tothis guidancein
issued bytheCharity exercising theirpowersand duties.
Commission onpublic
benefit
SORP referenc e e
Thepolicy ongrant makingis inplace'The aims
being
Policy ongrantmaking Para1.38 a)theCharityobjectivesare met
b)toensurethe originaldonors intensions aremet
c) toensurethe trustpolicyonthe effectivenessand
of rantsm
isachieved
Policy onsocialinvestment
includingprogramrelated Para1.38
investment
The SecretaryandTreasurerare volunteerposts
Para1.38
Contributionmadeby
volunteers
Other

Achievements and Per formance
SORPreference
During theyearthetrusteeshavemadegrants to:-
a)The provisionofsupportfordisadvantaged
Summaryofthemain
achievementsofthecharity,
Para1.20 children attendingStAndrew'sSchool.
b)TheworkofVine Counselling Servicesin
establishingaStudentcounselling service
identifyingthedifference the at ChurchillSchool.
charity'sworkhas made to
thecircumstancesofits
beneficiaries and anywider
benefitstosociety asa
whole.


oum
choosetoincludefu

rtherstatemen
tswhererelevant about
The Trustees aimof allocatingf28,000ofgrantswas
notachievedalf,21 ,124 due to theeffects ofCOVID-
Achievementsagainst Para1.41 19 onyouthactivities.
objectives set
N/A
Performance of fundraising
activitiesagainst objectives Para1-41
set
Theaim ofthe Trusteesistoachieveagrant
distributionoff28,000peryear fromtheTrustFund
Investment performance
against objectives
Para1.41 ln the2020-21 year the investmentsgenerated
f84,198in income(excludinginvestmentcostsbut
including capitalgains). lnpartthis improvementin
incomeisdue tolastyears decisionbytheTrustees
totake theadvice oftheir financialadvisor to switch
their investments toa lowercost, higherreturn
alternative.
Other

FinancialReview
Review ofthecharity's
financialposition attheend
oftheperiod
Para1.21 lnthe 2020-21year the investmentsgenerated
capital growth.Overallthe balance sheet showedan
increaseofL54,119 duetothe postCOVID
stockmarketriseandtheTrustee decision tomove
it'sfundsto adifferent investmentoption.
Statement explainingthe
policyforholding reserves
Para1.22 The investedfundswill beheld as anexpendable
endowmentin linewiththewishesof the donor.
statinqwhv thev areheld
Amount of reservesheld Para1.22 f720,414
Reasonsforholding zero Para1.22
reserves
Detailsoffundmateriallyin Para1.24
deficit
Explanation of any Para1.23
uncertainties about the
charitycontinuingas a going
concern

lnvestedLegacy
The charity'sprincipal
sourcesoffunds(including Para1.47
any fundraising)
lnitiallyin linewiththewishesof thedonor. However
investment performance willbecontinue tobe
lnvestmentpolicy and
objectivesincluding any
Para1.46 compared against alternative options andif
necessary the approachbestserving the objects of
theCharityTrustandthe overallbenefit tothePublic
social investmentpolicy willbe adopted
adopted
The lossofthe lnvestedFunds
A descriptionoftheprincipal Para1.46
risks facingthecharity
Other

Description of charity's
trusts:
Typeof governing document Paru1.25 TrustDeed
How isthecharity Para1.25 Charitable Trust
constituted?
Trustee selectionmethods Para1.25 The existing trustees haveregard tothe viewof the
includingdetails ofany
constitutionalprovisionse.g
electiontopostornameof
original donor aimingtoselectpeopleof noteinthe
localcommunity with an interestinYoungPeople to
includeprofessionalsintheeducation and support of
suchyouth.
anyperson or body entitled
Add
You
itionalinformation(oPtional)
choosetoincl udefurtherstatements
Add
You
itionalinformation(oPtional)
choosetoincl udefurtherstatements
whererelevant about:
New Trustees are provide with copres ofthe Trust
Document, Originati ng Legacy Will,
L]lant Making
Policies andprocedures
adopted fortheinduction
andtrainingoftrustees
Para1.51 Commission
Policy and the
h rity
Booklets on
"Guida nce on Public Benefit" and "Charity
Governance" to new trustees. The trustees are
fam iliarised with the significant elements of these
docum ents and updated AS necessary on changes
in
Cha
dC
Chairman,Trustees and
Treasurer
The charitY's organisational
structure and anywider
Para1.51
network with whichthe
charity works
RelationshipwithanYrelated Para1.51
parties
Other

name C
S
rk
Cla
Dr
M emorial Fund Trust
Other namethech USES
stered number 116
Charity'sprinciPal address StationRoad,
c/o Congresbury Church Office,
Congresbury
BRISTOL
BS49sDX
Trusteename Office (ifany) Datesactedifnot for whole
year
Nameof person (or body) entitled
to appoint trustee(ifanv)
1 Rev[VlThomson Chairman Existing Trustees
2 ltrlsEcran Existing Trustees
3 [MrsFlVlartin Existing Trustees
4
5
6
7
8
I
10
11
12
13
14
15
16
17
18
19
20

Typeof Name Address
adviser
Financial It/lrDahn Sharma SuccessionWealth ManagementLtd
Drake Building,'15DavyRoad,Plymouth SciencePark,
Derriford, Plymouth,PL68BY