## **Trustees’ Annual Report for the period**
## **From 1[st] April 2024 to 31[st] March 2025**
## **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 grants to 6**
**recipients 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**
|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 two**
**events during 2024, one in April and one**
**in November, and distributed proceeds**
**in the amounts of £9500 and £9483**
**respectively, totalling£18,983.90in the**
**form of donations to the charity. The**
**charity then distributed£6,173to 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.**
**The funds remaining in our account do**
**not constitute a reserve. They are funds**
**waiting to be awarded and/or disbursed.**
**(During the next reporting period,**
**numerous grants have been awarded**
**against this balance.)**|
|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 would flow from the**
**continuation of Alton Beer Festivals.**
**The festivals continue to be well**
**attended, serving as popular fixtures in**
**the community.**
**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 the 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. Other than Neil**
**Sutherland, who was a founding trustee,**
**all trustees have been involved as**
**volunteers and have received informal**
**induction training. **|
|---|---|---|
|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 one event each year, donating**
**all profits to the charity. That is the only**
**relationship with any other party.**|
## **Reference and Administrative Details**
|Charityname|ABFCharitableTrust|
|---|---|
|Other name the charity uses|None|
|Registered charitynumber|1170155|
|Charity’s principal address|Fairways
Old Odiham Road
Alton
GU34 4BU|
|1
2
3|**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||
|4 Ni|4 Nigel Hoppitt||Entireyear|
|---|---|---|---|
|5 Frank Norris|5 Frank Norris||Entireyear|
|6 And|6 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 None. held in this capacity Name and objects of the Not applicable. charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for Not applicable. safe custody and segregation of such assets from the charity’s own assets
## **Alton Beer Festival**
Drinking for Local Charities since 2002
## **ABF Charitable Trust**
## Statement of Accounts: 1 April 2024 through 31 March 2025
Income: Donations received from Alton Beer Festival events
|OpeningBalance – 1stApril 2024|£12,308.27|
|---|---|
|Income – donation received from Alton Beer Festival Spring2024|£9,500.90|
|Income – donation received from Alton Beer Festival Autumn 2024|£9,483.00|
|Grant awards – breakdown below|£6,173.00|
|ClosingBalance – 31stMarch 2025|**£25,119.17**|
Recipients of Grant Awards between 1 April 2024 and 31 March 2025:
|**Recipient**|**Status**|**Requested**|**Grant Amount**|
|---|---|---|---|
|Dogs for Autism|Charity|Spring2024|£2,000.00|
|Manor Colts Football Club|Youth Sports
Organisation|Spring 2024|£500.00|
|Broadlands RDA|Charity|Spring2024|£1,500.00|
|Holybourne Theatre|Charity|Spring2024|£673.00|
|Hampshire County Council – for
Andrews’ Endowed School|Local Authority
PrimarySchool|Spring 2024|£500.00|
|M.W.|Private Individual|Autumn 2024|£1,000.00|
www.altonbeerfestival.org.uk
ABFCT Charity Reg No: 1170115 Office: Fairways, Old Odiham Road, Alton, GU34 4BU