Charity number.. 1169417
THE LirrLE ORCHARD CHARITABLE TRUST
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

THE LIThLE ORCHARD CHARITABLE TRUST
CONTENTS
Page
Reference and administrative details of the Charity, its Trustees and advisers
Trustees. report
Independent examiner's report
statement of financial activities
Balance sheet
statement of cash flov
Notes to the financial statements
9-18

THE LIThLE ORCHARD CHARITABLE TRUST
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2021
Trustees
Mr B Parkander
Mrs E Parkander
Mrs A Parkander
Charity rggi$tgred
number
1169417
Principal office
James Cowper Kreston
2 Communications Road
Greenham Business Park
Greenham
Newbury
Berkshire
RG19 6AB
A￿OuntantS
James Cowper Kreston
Chartered Accountants
2 Communications Road
Greenham Business Park
Greenham
Newbury
Berkshire
RG19 6AB
Page 1

THE LIThLE ORCHARD CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustees present their annual report together with the financial statements of The Little Orchard Charitable
Trust Ilhe Charity) for the year 1 January 2021 10 31 December 2021.
The Trustees confirm that the Annual report and financial statements of the Charity comply with the Chartties Act
2011, the requirements of the Charills governing document and Accounting and Reporting by Charities..
Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective 1 January
20191.
Reference and administrative infomiation
The Little Orchard Charttable Trust administrative office is James Cowper Kreston, 2 Communications Road,
Greenham Business Park, Greenham, Newbury, Berkshire, RG19 6AB. It is registered with Charity
Commissioners in England and Wales under number J169417.
The Trust was founded in 2014 and was dormant until it registered as a charity in September 2016. It is
governed by ils deed of trust dated 26 September 2014.
Objectives and activities
Policies and objectives
The objectives of the Charity are lo apply its income for any charitable objects and purposes in any part of the
worfd as the Trustees may, in their discretion, see fit.
The Trustees also resolve to seek, where possible, lo fulfil their charitable objects by providing funds to local
causes in Gloucestershire which promote mental health awareness.
The Trustees confirm their investment policy is lo provide a balance of income and capital growlh. The Trustees
seek to maintain a sum, assessed from time to lime in the light of probable future expenditure, in cash reserves
to meet that expenditure.
The Trustees confirm that in setting the objectives of the Trust they have complied with the duty in section 4 of
the Charities Act 2011 so have due regard lo public beneftt guidance published by the Charity Commission.
Achievements and perfomiance
Main achievements of the Charity
During the year the Trust received donations of £900,000 12020 £900,000) and reported a surplus after
investment fair value gains of £1,099,358 12020.. £979,947). A £20,000 grant 12020.. £20,000) was given lo
Gloucester Community Fund to support beal voluntary and community groups that are in the field of mental
health, The Charity also built up ils reserves lo continue gifting grants in the future.
Financial review
In the year, the Charity had nel income for the year of £1,099,358 12020.. £979,947). The total assets of the
Charity are £3,123,43012020.' £2,033,625).
Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial slatemenls. Further details regarding the adoption of the going
COn￿M basis can be found in the accounting policies.
Page 2

THE LirrLE ORCHARD CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Rfrserves policy
A minimum level of ￿serveS are held lo cover all planned fulure expenditure. These funds will be utilised lo lulfil
Llie objeGts of the charity in fLrture periods. It is intended that reserves held should be Sufficient for the charity to
fund charitable expenditLtre out of the return on the Investments held.
At the year end the Trust had £3,123,43012020= £2.024,0721 free reserves, being unrestricted funds.
Structurè, governance and managem8nt
Organlsatlonal structure and dgcislonwmaklng poll¢l•8
The Charity is administered by the Trustees as sel out in the general information. The Trustees hold al least tMo
meetings a year.
The Trustees who served during the year were .'
Mr B Pathander
Mrs E Parkander
Mrs A Parkander
The appointment of new Trustees is made by the existing Trustees. The Trustees shall consist of at least two but
no more than six individuals. Subject lo disqualification or resignation the First Tnjslees. Mr B Park8nder and
Mrs E Pat1(andeT, are entitled to hold office for lrfe. Future Tnjstees musl be appointed by resolulion of the
Trustees. Every future Trustee musl sign a declaration of wellness to act as a Tnjslee of the Charity before he or
she may ad as a Trustee.
No remuneratton Is pald to the Trustees.
Approved by order of th• mgmbgrs of th& board of Trust8es and signed on th8ir l)8h8W b
parkander
Dale:
IEl/o -Joll
Page 3

THE LIThLE ORCHARD CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
Independent Examinerfs Report to the Trustees of The Little Orchard Charitable Trust {'the
Charity'l
report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31
December 2021.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 {'Ihe 2011 Act'l.
I report in respect of my examination of the Charitys accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Directions given by the Charity Commission under
section 14515}Ibl of the 2011 Act.
Independent Examiner's Statement
Since the Charills gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come lo my attention in connection wth the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act., or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements concerning the form and conlenl of
accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not a matter considered as part of an independent
examination., or
the accounts have not been prepared in accordance w(th methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities, applicable lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021.
I have no concerns and have come across no other mallers in connection with the examination lo which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Page 4

THE LIThLE ORCHARD CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities
IAccounts and Reports) Regulations 2008. My work has been undertaken so that I might slate to the Charity's
Trustees those matters l am required lo state to them in an Independent examinerfs report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone other than the
Charity and the Charity's Trustees as a body, for my work or for this report.
Signed..
Dated.. 3111012022
Fiona Hawkins
FCA
James Cowper Kreston
2 Communications Road
Greenham Business Park
Greenham
Newbury
Berkshire
RG19 6AB
Page 5

THE LIThLE ORCHARD CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2021
Unrestricted
funds
2021
Total
funds
2021
Total
funds
2020
Note
Income from:
Donations and legacies
Investments
900,000
25,252
900,000
25,252
900,000
17,954
Totsl income
925.252
925.252
917,954
Expenditure on:
Raising funds
Charitable activities
3,270
23,812
3,270
23,812
3,144
27,512
Total expenditure
27.082
27.082
30,656
Net income before net gains on investments
Nel gains on investments
898,170
201.188
898,170
201.188
887,298
92,649
Net movement in funds
1,099,358
1,099,358
979,947
Reconciliation of funds..
Total fLJnds brought forward
Nel movement in funds
2,024,072
1,099.358
2,024,072
1,099.358
1,044,125
979,947
Total funds carried forward
3,123,430
3,123,430
2,024,072
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 9 10 18 form part of these financial statements.
Page 6

THE LirrLE ORCHARO CHARITABLE TRUST
BALANCE SHEET
AS AT 31 OECEMBER 2021
2021
2020
Note
Flxed assets
Investments
10
2,975.434
1,973,859
Current assets
Debtofs
1,838
58.128
Cash al bank and in hand
153,036
153,036
59,766
Creditors.. amounts falling due within one
12
15,0401
19,5531
Net curront assets
147.996
50,213
Total net assets
3.123,430
2,024,072
Charity fund¥
un￿$triCted funds
14
3,123,430
2.024.072
Totsl funds
3.123.430
2.024.072
The financial statements We￿ approved and authorised for issue by the Trustees and signed on their behalf by..
r B Parkand•r
Date..
Js//& - laJ£
The notes on pages 9 to 18 fomi part of these financial $tstements.
Page 7

THE LIThLE ORCHARD CHARITABLE TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
Note
Cash flows from operating activities
Nel cash used in operating activities
17
870.043
866,695
Cash flows from invosting activitios
Purchases of investments
Proceeds on disposal of investments
Interest re￿1vable
11.423,8911 11,718,053)
623,504
746,238
25.252
17,954
Net cash used in investing activities
1775.1351
{953.8611
Cash flows from financing activities
Net cash provided by financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
94,908
187.1661
145,294
58,128
Cash and cash gquivalents at the end ofthg year
18
153,036
58,128
The notes on pages 9 10 18 form part of these financial statements
Page 8

THE LIThLE ORCHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 2019}, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The Little Orchard Charitable Trust meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
slated in the relevant accounting policy.
1.2 Income
All income is recognised once the Charity has enlillemenl lo the income, il is probable that the
income will be received and the amount of income receivable can be measured reliably.
1.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in selllement and
the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs atlribulable to a single activity are allocated directly
to that activity. Shared costs which contribute lo more than one activity and support costs which are
not allributable lo a single activity are apportioned between those activities on a basis consistent with
the use of resources.
Expenditure on raising funds includes all expenditure incurred by the Charity lo raise funds for ils
charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made except in those cases where the offer
is conditional, such grants being recognised as expenditure when the conditions allaching are
fulfilled. Grants offered subject lo conditions which have not been met al the year end are noted as a
commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
1.4 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured al fair value at the Balan￿ sheet dale, unless the value
cannot be measured reliably in which case il is measured al Cost less impairment. Investment gains
and losses, whether realised or unrealised, are combined and presented as 'Gainsl{Losses} on
investments, in the Statement of financial activities.
1.5 Cash at bank and in hand
Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
Page 9

THE LIThLE ORCHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting policies Icontinuedl
1.6 Liabilities and provisions
Liabilities are recognised when there is an obligation al the Balance sheet dale as a result of a past
event, il is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates il will pay lo settle the debt or the
amount il has received as advanced payments for the goods or services it must provide.
1.7 Financial instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using
effective interest methods unless the arrangmenl constitutes a financing transaction, where the
transaction is measured at present value of the future receipts discounted al a market rale of interest.
Financial assets classified as receivable within one year are not amortised.
Other financial assets, including trade investments, are initially measured al fair value, which is
normally the transaction price. Such assets are subsequently carried at fair value and the changes in
the fair value are recognised on net income I lexpendilurel, except for investments in equity
instruments that are not publicly traded and whose fair values cannot be reliably measured al cost
less impairment.
Basic financial liabilities, including creditors are intially recognised al transaction price unless the
arrangement constitutes a financing transaction, where the debt instrument is measured at the
present value of the future payments discounted at a market rate of interest. Finanoal liabilities
classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Income from donations and legacies
Unrestricted
funds
2021
Total
funds
2021
Total
funds
2020
Donations
Gift aid
720,000
180,000
720,000
180.000
720,000
180,000
900,000
900,000
900,000
Page 10

THE LIThLE ORCHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Investment income
Unrestricted
funds
2021
Total
funds
2021
Total
funds
2020
Income from listed investments
Interest re￿1vable
25,252
25.252
17,310
644
25,252
25,252
17,954
Investment management costs
Unrestricted
funds
2021
Totsl
funds
2021
Total
funds
2020
Investment management costs
3,270
3.270
3,144
Analysis of grants
Grants to
Institutions
2021
Totsl
funds
2021
Total
funds
2020
Grant funding of activities
20,000
20.000
20,000
The Charity has made the following material grants lo institutions during the year=
2021
2020
Name of institution
Gloucestershire Community Foundation
20,000
20,000
Grants were made to GIoU￿stershIre Community Foundation lo support local voluntary and community
groups and organisations that are in the field of mental health.
Page11

THE LIThLE ORCHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2021
Total
2021
Total
2020
Grant funding of activities
23,812
23,812
27,512
Analysis of expenditure by activities
Grant
funding of
activities
2021
Support
costs
2021
Total
funds
2021
Total
funds
2020
Grant funding of activities
20,000
3,812
23,812
27,512
Total 2020
20,000
7,512
27,512
Analysis ofsupport costs
Grant
funding of
activities
2021
Totsl
funds
2021
Total
funds
2020
Bank charges
Governance costs
50
50
50
3,762
3,762
7,462
3,812
3,812
7,512
Page 12

THE LIThLE ORCHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Independent examiner's remuneration
2021
2020
Fees payable lo the Charills independent examiner for the independent
examination of the Charills annual accounts (including VATI
Fees payable lo the Charills independent examiner in respect of..
Preparation of the accounts {including VATI
2.400
2,965
4,497
Trustees. remuneration and expenses
During the year, no Trustees re￿iVed any remuneration or other benefits12020 - £NILI.
During the year ended 31 December 2021, no Trustee expenses have been incurred12020 - £NILI.
10.
Fixed asset investments
Listed
investments
Cost or valuation
At 1 January 2021
Additions
Disposals
Fair value movements
1,973,859
1,423.891
{608.1351
185,819
At 31 December 2021
2,975,434
Net book valuo
At 31 December 2021
2,975,434
At 31 December 2020
1,973,859
Page 13

THE LIThLE ORCHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
The following are considered material investments held in the portfolio..
2021
ETFS Physical Gold
Twenty Four Absolute Return Credit G
Fundsmilh Equity Inc
Guardcap Global Equity GBP
Loomis sa￿e$ Global Growth Equity Fund
Jupiter UK Specialist Equity Fund l GBP Acc
JPM Global Macro Opportunities C Inc
Threadneedle UK Equity Income L Inc
TB Evenlode Income C GBP Inc
Lyxor Core US TIPS ETF Hedged GBP
Insight Global11 High Grade ABS B GBP
154,275
177.431
180,553
186,686
156.546
148.365
180,978
159,137
157.889
185.983
175,648
1,863,491
Debtors
2021
2020
Due within one year
Prepayments and accrued income
1,638
12. Credltors: Amounts falllng due wlthln one year
2021
2020
other creditors
3,000
6,553
Accruals
9,553
Page 14

THE LIThLE ORCHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
13.
Financial instruments
2021
2020
Financial assets
Equity instruments measured at fair value through the Statement of
Financial Activities
2,975,434
1,973,859
Equity instruments that are listed on a regulated stock exchange are measured al fair value using
observable market value.
The inputs used in valuing the instruments include indexes provided by these regulated markets.
Page 15

THE LIThLE ORCHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
14.
Statement of funds
Statement of funds - current year
Balance at
31
Gainsl December
(Losses)
2021
Balance at 1
January
2021
Income Expenditure
Unrestricted funds
General Funds - all funds
2,024,072
925,252
127,0821
201,188
3,123,430
15. Summary offunds
Summary offunds - current year
Balance at
31
Gainsl December
(Losses)
2021
Balance at 1
January
2021
Income Expenditure
General funds
2,024,072
925,252
127,0821
201,188
3,123,430
16. Analysls of net assets between funds
Analysls of net assets between funds - current year
Unrestrlcted
funds
2021
Total
funds
2021
Fixed asset investments
2,975,434
153,036
15,0401
2.975,434
153,036
15.0401
Current assets
Creditors due within one year
Totsl
3,123,430
3,123,430
Page 16

THE LIThLE ORCHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
16.
Analysis of net assets between funds Icontinuedl
Analysis of net assets between funds - prior year
Unrestricted
funds
2020
Total
funds
2020
Fixed asset investments
Current assets
Creditors due within one year
1,973,859
59,766
19,5531
1,973,859
59,766
19,5531
Total
2,024,072
2,024,072
17.
Reconciliation of net movement in funds to net cash flow from operating activities
2021
2020
Nel income for the year18s per Statement of Financial Activiliesl
1.099,358
979,947
Adjustments for:
Decreasellincreasel in debtors
IDecrease}lincrease in creditors
Investment income recognised in statement of financial activities
{Gainllloss on disposal if investments
Fair value gains and losses on investments
1.638
14,5131
{25,2521
{15,3691
1185.8191
60
12,7091
117,9541
7,517
1100,1661
Net cash provided by operating activities
870,043
866,695
18.
Analysis of¢a$h and cash equivalgnts
2021
2020
Cash in hand
153.036
58,128
Total cash and cash equivalents
153,036
58,128
Page 17

THE LIThLE ORCHARD CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
19.
Analysis of changes in net debt
At1
January
2021 Cash flows
At31
December
2021
Cash at bank and in hand
58,128
94.908
153,036
58,128
94,908
153,036
20. Related party transactions
During the year donations of £720,000 12020 £720,000) were re￿iVed from the Trustees. The amount
due to the Trustees at the year end is £3,000 12020 £3,000) relating to expenses previously paid on
behalf of the entity by the Trustees.
Page 18