| tdpl CHARIIYCOMMISSION FORENGLANDANDWALES |
tdpl CHARIIYCOMMISSION FORENGLANDANDWALES |
Dr S CClark lVemorial Fund Trust Annualaccounts forthe |
Dr S CClark lVemorial Fund Trust Annualaccounts forthe |
Dr S CClark lVemorial Fund Trust Annualaccounts forthe |
Dr S CClark lVemorial Fund Trust Annualaccounts forthe |
CharityNo (if any) period |
1'168699 | |
|---|---|---|---|---|---|---|---|---|
| Period start date | 01to8t2o24l | To | Period end date |
31t47t2025 | ||||
| SectionA | Statement offinancial activities | |||||||
| o | ||||||||
| o) | ||||||||
| oz | ||||||||
| oo C |
Restricted | |||||||
| Reeommended categories by | Gp | Unrestricted | income | Endowment | Prior year | |||
| activity | (, | funds f |
funds I |
funds f |
Totalfunds E |
funds € |
||
| lncomingresources(Note3) | F01 | F02 | F03 | F04 | F05 | |||
| lncome and endowmentsfrom: | ||||||||
| Donations and legacies | s01 | |||||||
| Charitable activities | s02 | |||||||
| Other trading activities | s03 | |||||||
| lnvestments | s04 | b | b | J | ||||
| Separate material item of income | s05 | |||||||
| ,\her | s06 | |||||||
| --ofal | s07 | b | 6 | 3 | ||||
| Resources expended(Note6) | ||||||||
| Expenditure on: | ||||||||
| Raising funds | s08 | 9,383 | 9,383 | 8,636 | ||||
| Charitable activities | s09 | 12,000 | 12,000 | 12,000 | ||||
| Separate material item of expense | s10 | |||||||
| Other | s11 | |||||||
| Total | s12 | 12,000 | 9,383 | 21.383 | 20.636 | |||
| Netincome/(expenditure) before | investment | |||||||
| gains/(losses) | s13 | 12,000 | 9,377 | 21,377 | 20,633 | |||
| Net gains/(losses) on investments | s14 | 504 | 60,018 | 60,522 | 64,534 | |||
| Netincome/(expenditure) | s15 | '11,496 | 50,641 | 39,145 | 43,901 | |||
| Extraordinary items | s16 | |||||||
| Transfers betweenfunds | s17 | |||||||
| Otherrecognisedgains/(losses): | ||||||||
| Gains and losses on revaluationoffixed assets for the charity's own use | s18 | |||||||
| - | rer gainsi(losses) |
s19 | ||||||
| Netmovementin funds | s20 | 11,496 | 50,641 | 39,145 | 43,901 | |||
| Reconciliationof funds: | ||||||||
| Total funds brought forward | s21 | 11,832 | 672.961 | 684,793 | 640,892 | |||
| Total funds carriedforward | s22 | 336 | 723,602 | 723,938 | 684,793 |
| SectionB | Balan | ce | she | et | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| o | ||||||||||
| 6)oz | ||||||||||
| ooc (l,p 5(, |
Unrestricted funds f |
Restricted income funds f |
Endowment funds f |
Totalthis year f |
Total last year f |
|||||
| Fixedassets | F01 | F02 | F03 | F04 | F05 | |||||
| lntangible assets Tangible assets Heritageassets |
(Note15) (Note14) (Note16) |
Bo1 Bo2 Bo3 |
||||||||
| lnvestments | (Note17) | Bo4 | 721,033 | 721,033 | 673,829 | |||||
| Totalfixedassefs | Bo5 | 721,033 | 721,033 | 673,829 | ||||||
| Current assets | ||||||||||
| Stocks | (Note{8) | 806 | ||||||||
| Debtors | (Note19) | 807 | ||||||||
| lnvestments | (Note17.4) | B08 | ||||||||
| Cashatbankandin | hand (Note24) | B09 | 3,722 | 3,7?2 | 11,722 | |||||
| Totalcurrenf assets | 810 | 3,722 | 3,722 | 11,722 | ||||||
| Creditors:amounts | fallingduewithin | |||||||||
| oneyear (Note20) |
B1'1 | 817 | 817 | 758 | ||||||
| Netcurrent | assets/(Iia biIities) | 812 | 10 964 | |||||||
| i-ofalassefslesscurrentliabilities | 813 | 684 793 | ||||||||
| 814 | ||||||||||
| Provisionsfor liabilities | B15 | |||||||||
| t | Totalnetassefsorliabilities Funds of the Charity |
816 | 3,722 | 720,216 | 723,938 | 684,793 | ||||
| Endowmentfunds(Note27) | 817 | 720,216 | 720,216 | 673,471 | ||||||
| Restricted incomefunds(Note27) | 818 | |||||||||
| Unrestrictedfunds | B'19 | 3,722 | 3,722 | 11,722 | ||||||
| Revaluation reserve | B20 | |||||||||
| Totalfunds | E.21 | 3,722 | 720,216 | 723,938 | 684,793 | |||||
| Signed by oneortwo trusteeson behalf of all | Dateof | |||||||||
| thetrustees | Signature | Name | approval | |||||||
| I Ytrf |
,." | r'{+-i'ruil,l | -tt4*v | dd/mm/yyw ,-I^l,i-, , |
| ObjectivesandActiviti | es | |
|---|---|---|
| SORP reference | ||
| Summaryofthe purposesof | Para1.17 | Toadvance inlifeand relievetheneeds ofyoung people |
| the charity assetoutin its | upto theage of2LyearswhoareresidentintheCounty | |
| governing document | ofSomersetandparticularlybut notexclusively livingin | |
| the localityofStAndrew'sChurch Congresbury | ||
| Summaryofthemain activitiesin relationtothose |
Para 1.17 and 1.19 |
1)Directlyorviathe supportofotherCharitableBodies, provideassistancetoachieve some specified goalthat |
| purposesfor thepublic benefit,in particular,the |
will contribute totheirlifechances and personal | |
| activities, projects or | fulfilmenU | |
| services identifiedinthe | (2)Tosupport charitablebodiesthatprovide activities | |
| accounts. | whichdeveloptheirskills, capacities and capabilitiesto | |
| enablethemtoparticipatein societyasmatureand | ||
| responsible individuals; | ||
| (3) Tosupport charitablebodies intheir provisionof | ||
| recreationaland leisuretime activitiesprovidedinthe | ||
| interest ofsocialwelfare,designedtoimprovetheir | ||
| conditions of life | ||
| Statementconfirming whether the trusteeshave had regardto the guidance issued bytheCharity |
Para1.18 | The Trustees have allreceivedthe three Charity Commissionbooklets"Guidanceon Public Benefit PBl,PB2,PB3"andstatethey have complied with their duty to have dueregard tothisguidancein exercising theirpowersandduties. |
| Commission on public | ||
| benefit |
| SORP referenc | e | |
|---|---|---|
| Thepolicyon grant makingis inplace.The aims | ||
| Policyongrantmaking | Para1.38 | being a)theCharityobjectives aremet b)toensurethe original donors intensions are met |
| c)to ensurethetrustpolicyonthe effectivenessand | ||
| inclusivenessoforants madeisachieved | ||
| Policy onsocial investment | ||
| including programrelated | Para1.38 | |
| investment | ||
| The Secretary and Treasurerarevolunteerposts | ||
| Para1.38 | ||
| Contribution madeby | ||
| volunteers | ||
| Other |
| chievementsand Per | formance | |
|---|---|---|
| SORP reference | ||
| During theyear the trustees have madegrantsto:- | ||
| a)The provisionofsupport for disadvantaged | ||
| Summaryofthemain achievementsofthecharity, |
Para1.2O | children attendingStAndrew'sSchool. |
| identifyingthe difference the | ||
| charity's workhas made to | ||
| the circumstances ofits | ||
| beneficiariesand anywider | ||
| benefitsto society asa | ||
| whole. |
ou choosetoincludefur |
ther stateme |
nts where relevantabout: |
|---|---|---|
| The Trustees aim of allocating €28,000ofgrants was | ||
| notachieved. This wasdueto granteesnotapplying | ||
| Achievements against | Para1.41 | for grants.lnthe current economicclimateandits effect on investment income, the lowergrant |
| objectives set | allocations have helped to mitigate the lower | |
| investment income and thus maintain a larger | ||
| investment value thatisawaiting increasedreturns. | ||
| N/A | ||
| Performanceoffundraising | ||
| activities against objectives | Para1.41 | |
| set | ||
| The return on investments continuedtobepoorasa | ||
| Investment performance | Para1.41 | resultoftheUkrainewar and theUSAtariffposition.. |
| againstobjectives | ||
| Other |
| FinancialReview | ||
|---|---|---|
| Reviewofthe charity's financial positionattheend oftheperiod |
Para1.21 | lnlhe2024-25yearthetotal fundsincreasedby 833,925.Atotalof812,000 wasgiveningrantsand f9,383used for meetinginvestmentcosts. |
| Statement explaining the policyfor holding reserves |
Para1.22 | The invested funds will be held asanexpendable endowmentin linewith the wishesofthedonor. |
| statinqwhv they areheld | ||
| Amount of reservesheld | Para1.22 | 8723,938 |
| Reasonsforholdingzero | Para1.22 | |
| reserves | ||
| Detailsoffund materiallyin | Para1.24 | |
| deficit | ||
| Explanationof any | Para1.23 | |
| uncertaintiesaboutthe | ||
| charity continuingas agoing | ||
| concern |
oum choosetoinclude furt |
her statemen |
ts whererelevantabout: |
|---|---|---|
| lnvested Legacy | ||
| The charity'sprincipal | ||
| sourcesoffunds(including | Para1.47 | |
| anyfundraising) | ||
| lnitiallyin linewith the wishesofthe donor.However | ||
| investment performance will continue tobe | ||
| lnvestmentpolicy and objectives includingany |
Para1.46 | compared against altemative options andif necessary the approach best serving theobjects of the Charity Trustandthe overall benefittothe Public |
| social investmentpolicy | willbe adopted | |
| adopted | ||
| The lossofthe lnvestedFunds | ||
| A descriptionoftheprincipal | Para1.46 | |
| risksfacing the charity | ||
| Other |
| Structure,Governance | and Man | agement |
|---|---|---|
| Descriptionofcharity's | ||
| trusts: | ||
| Typeofgoverning document | Para1.25 | TrustDeed |
| How isthe charity | Para1.25 | Charitable Trust |
| constituted? | ||
| Trustee selection methods including detailsof any constitutionalprovisionse.g |
Para1.25 | The existing trustees have regardto theviewofthe original donor aiming to selectpeopleofnoteinthe local community with an interestinYoungPeopleto includeprofessionalsinthe education andsupportof |
| electiontopostornameof | suchyouth, | |
| any personor body entitled | ||
| toappoint oneor more | ||
| trustees |
oum choose toincludefurt |
herstatemen |
tswhere relevantabout: |
|---|---|---|
| NewTrustees areprovidedwith copiesoftheTrust | ||
| Document, OriginatingLegacyWill, GrantMaking | ||
| Policies and procedures adopted fortheinduction |
Para1.51 | Poliryandthe Charity Commission Bookletson "GuidanceonPublicBenefit"and "Charity Governance"tonewtrustees. The trusteesare |
| andtrainingoftrustees | familiarised with the significant elementsofthese documents and updated as necessary Charity Requlations and Charitygood onchangesin pEglEe- |
|
| Chairman, Trustees, Hon.Sec.andHon.Treasurer | ||
| The charity'sorganisational structure andanywider |
Para1.51 | |
| networkwith which the | ||
| charityworks | ||
| When consideringgrantrequests thetrusteesare | ||
| mindfuloftheir church, school and othercharity | ||
| Relationshipwith anyrelated | Para1.51 | connections and where required declaretheir interestsandwithdraw fromany vote. |
| parties | ||
| Other |
| Reference andAdminis | trativedetails |
|---|---|
| Charityname | Dr S CClark MemorialFundTrust |
| Othernamethe charityuses | |
| Reqistered charity number | 1168699 |
| Charity's principaladdress | c/o CongresburyChurch Office, |
| StationRoad, | |
| Congresbury | |
| BRISTOL | |
| BS49sDX |
| Trusteename | Office (if any) | Datesactedifnotforwhole vear |
Nameofpenson(or body) entitled to appoint trustee(ifany) |
|
|---|---|---|---|---|
| 1 | Rev M Thomson | Chairman | ExistingTrustees | |
| 2 | lt/ls ECran | ExistingTrustees | ||
| 3 | lvlrsF Martin | ExistingTrustees | ||
| 4 | ||||
| 5 | ||||
| 6 | ||||
| 7 | ||||
| 8 | ||||
| I | ||||
| 10 | ||||
| 11 | ||||
| 12 | ||||
| 13 | ||||
| 14 | ||||
| 15 | ||||
| 16 | ||||
| 17 | ||||
| 18 | ||||
| 19 | ||||
| 20 |
| Namesand | addresses of advis | ers(Optionalinformation) |
|---|---|---|
| Typeof | Name | Address |
| adviser | ||
| Financial | Succession Wealth | Drake Building,15Davy Road, Plymouth SciencePark, |
| ManagementLtd. | ||
| Derriford, Plymouth,PLO8BY |