## **Trustees’ Annual Report for the period**
**From 1 April 2022 to 31 March 2023**
## **Charity name: ABF Charitable Trust**
## **Charity registration number: 1170155**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Distribution of funds to charitable**
**causes in the Alton area, per the**
**constitution**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Funds are received from the Alton Beer**
**Festival events. These funds are then**
**distributed by ABF Charitable Trust.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes, confirmed.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**Yes, formal grant award policy in place.**|
|Policy on social investment
including program related
investment|Para 1.38|**Not applicable, no investments.**|
|Contribution made by
volunteers|Para 1.38|**Volunteers contribute time only.**|
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The charity has awarded 7 grants to 4**
**separate local charities and 3 worthy**
**causes during the year.**
**Each award was based on a written**
**application, requiring a showing of need**
**in the local area.**
**Each application is judged against our**
**grant policy and is primarily for a**
**tangible item of expenditure.**
**Some awards pay for training and**
**counselling, which then yields benefits**
**within the community.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|**Met. We request proof of appropriate**
**expenditure consist with award from all**
**recipients. Impact monitored,**
**objectives met.**|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|**Activities that raised the funds are via a**
**separate entity.**|
|Investment performance
against objectives|Para 1.41|**Not applicable.**|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**Note that the charity receives money**
**from Alton Beer Festivals and**
**distributes this to charitable causes in**
**the Alton area, in accordance with its**
**Constitution.**
**The Alton Beer Festivals team held its**
**first post-Covid event in June 2022, and**
**distributed proceeds totalling £6,429.19**
**in the form of a donation to the charity.**
**The charity then distributed £4747.35 to**
**grant recipients.**
**The charity has no other assets,**
**liabilities or reserves.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**We do not hold a reserve. It should be**
**noted that a £25 float is held in the TSB**
**bank account.**|
|Amount of reserves held|Para 1.22|**We do not hold a reserve. It should be**
**noted that a £25 float is held in the TSB**
**bank account.**|
|Reasons for holding zero
reserves|Para 1.22|**There is no requirement to hold any**
**reserves. The charity aims to distribute**
**all the money it receives in the year of**
**receipt, in order to benefit the**
**community as soon as possible.**|
|Details of fund materially in
deficit|Para 1.24|**There are no deficits.**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**Any uncertainties flow from the**
**continuation of Alton Beer Festivals.**
**One festival was held during the 2022-23**
**reporting year; two festivals are planned**
**for next year.**
**The charity will continue for as long as**
**the Alton Beer festival is in existence.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**All of the charity's income is from**
**donations from Alton Beer Festivals, a**
**separate entity.**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**There are no investments.**|
|A description of the principal
risks facing the charity|Para 1.46|**Principal risks arise from the**
**continuation of Alton Beer Festivals.**|
|Other|||
**Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|
Para 1.25|**Constitution**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO (foundation)**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Following a skills audit, six trustees**
**formed this CIO. One trustee, Neil**
**Sutherland, is completely uninvolved**
**with any fundraising activities by Alton**
**Beer Festivals, ensuring objectivity.**
**The other trustees range in professional**
**backgrounds and areas of expertise.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|**None to date. All trustees are founding**
**trustees with none expressing an**
**intention to retire.**|
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The charity exists and functions**
**completely independently from any**
**other organisations, except for Alton**
**Beer Festivals,****_see_ below.**|
|Relationship with any
related parties|Para 1.51|**The Alton Beer Festivals volunteers aim**
**to put on two events each year,**
**donating all profits to the charity (in the**
**absence of the coronavirus pandemic).**
**That is the only relationship with any**
**other party.**|
|Other|||
## **Reference and Administrative details**
|Charity name|ABF Charitable Trust|
|---|---|
|Other name the charity uses|None|
|Registered charity number|1170155|
|Charity’s principal address|Fairways
Old Odiham Road
Alton
GU34 4BU|
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||Louise Parker|Chair|Entireyear||
||Neil Sutherland|Treasurer|Entireyear||
||Lisa Hillan|Secretary|Entireyear||
||Nigel Hoppitt||Entireyear||
||Frank Norris||Entireyear||
||AndyRickards||Entireyear||
Corporate trustees – names of the directors at the date the report was approved
**Director name None**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
||||
|**None**|||
## **Funds held as custodian trustees on behalf of others**
|Description of the assets
held in this capacity|None.|
|---|---|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|Not applicable.|
|Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets|Not applicable.|
Declarations
The trusteos declare that they have approved the trustees. report above.
Slgned on behalf of the charSty's trustees
Slgnaturès
Full namos
Louise Parker, Chair
Neil Suthedand, Treasurer
Date
Dale
## **Alton Beer Festival**
Drinking for Local Charities since 2002
## **ABF Charitable Trust**
Statement of Accounts: 1 April 2022 through 31 March 2023
Income: Donations received from Alton Beer Festival events
|nations received from Alton Beer Festival events||
|---|---|
|OpeningBalance – 1stApril 2022|£6,197.38|
|Income – donations received from Alton Beer
Festival events|£6,429.19|
|Grant awards – breakdown below|£4,747.35|
|ClosingBalance – 31stMarch 2022|**£7,879.22**|
Recipients of Grant Awards between 1 April 2022 and 31 March 2023:
|**Recipient**|**Requested**|**Grant**
**Amount**|
|---|---|---|
|Homestart|Summer 2022|£440.15|
|3rdAlton Scout Group|Summer 2022|£309.44|
|Alton Trampoline Club*|Summer 2022|£1,148.76|
|Dementia FriendlyAlton|Winter 2019|£1,000.00|
|Broadlands Ridingfor the Disabled|Summer 2022|£1,000.00|
|Alton HockeyClub*|Summer 2022|£250.00|
|Alton & District SwimmingClub*|Summer 2019|£599.00|
*Not a registered charity
www.altonbeerfestival.org.uk
ABFCT Charity Reg No: 1170115 Office: Fairways, Old Odiham Road, Alton, GU34 4BU