EODELL TRL/sr
Est 1984
ANNUAL REPORT
2020-2021

## Registered Company Number 10371450 Registered Charity Number:    1170810 **Chairman’s Report** 

This has been a difficult year for everyone but I think that the Odell Centre has managed to continue to provide a service, albeit not a normal service, to all our members. Most of the employees have been on furlough at some point in the year but the centre has been kept going by office staff working from home or an empty centre. Grateful thanks to all our employees for the way they have devised new activities whilst working in difficult circumstances when we were able to re-open. 

It is with sadness that I have to report the death of two of our founder members during the year. Ken Peers, who was our Chairman for many years who became our Honorary President when he stood down and Joyce Coley, who was Vice Chairman, Chairman and then Patron of the Trust. They were the driving force behind the setting up of the original trust and securing the use of our current premises and everyone is very grateful for the work they did on behalf of the members. 

We have been joined on the Board by two new trustees; Keith Slater and Alan Wardle. They have both managed over time, to acquaint themselves with what is happening within the trust despite not having been in the centre after appointment, or having the chance to meet their fellow trustees because of all the restrictions. 

During the year all the meetings of the trustees have been held on Zoom. Many of these were updates on precautions being taken and confirmation of measures being put in place for our eventual re-opening in September. Thanks to my colleague Sue Nicholl for fac ilitating these meetings. 

Some of our members chose not to return when the centre reopened, but most came back to enjoy the limited activities we were able to provide. Our financial position remains steady and, as far as our future plans are concerned, we are still in negotiations to rent additional space and possibly buy the whole building so that we can increase the numbers of people we can welcome into our centre. 

Finally, grateful thanks to everyone who has continued to support us throughout the year. Grants and donations are recognised elsewhere in the report, but I would like to make particular reference to Worcestershire County Council, who have helped us cover the costs associated with re-opening the centre. 

Ann Masters 



## **Manager’s Report** 

At the start of this reporting period (April 2020), the UK was just a week and a half into the first lockdown of Covid-19. The Odell Centre has been greatly affected by the impact of Covid-19, not least by the fact that our centre was closed for some 5 ½ months. Our day service literally came to a standstill overnight and sadly, there have been very few positives to take from Covid-19 descending upon us. 

The greatest impact from Covid-19 has been on our members who attend the Odell Centre. The Odell Centre belongs to them. It is a place to come along and meet their friends and to participate in stimulating activities. So, for the centre to close for an extended period, due to the impact of Covid-19, has been dreadful for our members. It has had a major impact on the mental well-being of many of them, to an extent that some never returned upon our reopening at the beginning of September. 

When we first closed at short notice, most staff were furloughed, with office staff working from home and myself as the solitary staff member on site. All members received a weekly phone call from staff and a plan was put into place with regards to posting out weekly activity packs, commensurate with the size of the individual member’s day service package. As the weeks and months passed by, Zoom calls were introduced to keep in touch with members and as the initial Covid-19 rules were slightly relaxed, activity pack deliveries were made in person by staff, to give a more personal approach to maintaining contact with members. 

Retirements during this period included Mary Vessey and Lorna Smith-Shaw in December 2020, both of whom served the Odell for over 25 years. Mary was employed in various roles during her time working for the Trust - Deputy Manager, Activity Coordinator and Kitchen Assistant. Lorna worked in the office as the members’ admin assistant. Anneliese Dudley also retired as an activity coordinator in September 2020, but will continue to work for the Odell as bank staff as and when required. Many of the staff completed online training during the year to maintain their skills and competences. 

The few positives to come out of Covid-19 relate to the excellent work of the staff during this period to help to keep the centre as safe and as clean an environment as possible and to adhere strictly to Government advice. So far, we have spent in the region of £40,000 on safety measures, introduced as a direct result of Covid-19. This heavy financial outlay has been fully justified however, because once we reopened on 7[th] September, we have not been greatly impacted by Covid-19 outbreaks here, even though our day service takes place predominantly in an enclosed traditional day centre environment. 

Craig Darby 



## **Covid-19 Safety & Hygiene Precautions** 

During the 5 ½ month period that we were closed leading up to September 7[th] , we implemented numerous measures with no expense spared, to make the Odell Centre as safe as possible in the circumstances. These measures have included ripping up all carpets in the building and replacing with anti-slip vinyl flooring, replacing all windows to improve air circulation and having bespoke Perspex partition screens made to aid social distancing. We have also invested in a floor scrubbing machine, fogging unit and an automatic temperature reading machine. Large quantities of PPE and hand sanitizer were bought and an enhanced cleaning schedule was introduced. 



Perspex screens on tables 


Cupboard full of PPE supplies 

In order for us to reopen our day service to our members, other behind the scenes measures had to be completed, which included a review of our Covid-19 health and safety measures and the introduction of Covid-19 related risk assessments regarding our premises and vehicles, individual members and individual activities. Those staff still on furlough returned to work at the beginning of September, ahead of our members returning to the centre a week later. 



To help our members understanding of social distancing, we bought coloured circular rubber mats and spaced them out on the floor throughout the centre as a visual aid. 

## **Activities** 

Once the initial shock of the speed of closure of the centre was over, staff not on furlough began to organise activities for members that they could undertake at home. All members received a weekly phone call from staff and a plan was put into place with regards to posting out weekly activity packs, commensurate with the size of individual member’s day service package. Weekly activity packs were posted out or delivered by hand to our members, mainly arts and craft based activities but also quizzes. In addition, we sent out gardening type activities, including growing plants from seed and also cooking activity packs. We introduced Zoom sessions, so that members at home could join in, including bingo, quizzes, cooking sessions and dance for wellbeing. 


As the weeks and months passed by, Zoom calls were introduced to keep in touch with members and as the initial Covid-19 rules were slightly relaxed, activity pack deliveries were made in person by staff to give a more personal approach to maintaining contact with members. 

Working from home 





As Lockdown 1 progressed, some staff were taken off furlough to carry out much needed functions, such as work at the Odell’s allotments, including the introduction of raised beds and flat slabbing areas at our Franche allotment site. 



In order for us to reopen our day service to our members, other behind the scenes measures had to be completed. Those staff still on furlough, returned to work at the beginning of September to prepare the centre, ahead of our members returning a week later. 

When the Odell Centre reopened on September 7[th] , there were a number of activities, which, due to Government legal restrictions in place, we simply have not been able to reintroduce. These include all sport and fitness type activities and also music / singing activities and beauty / pampering sessions. For an extended period, we have had to open with a very limited and restrictive timetable of activities for our members. 

However, the staff have been very creative at organising activities that could be undertaken, despite of the restrictions in place. These were mainly art or craft based. 






We were able to run more activities at our Franche allotment site as part of the Work Train programme.  During this period, early potatoes, onions and shallots were planted, along with Swiss chard. Raised beds were painted, as was the fencing we erected around the perimeter of our allotment plot. 




## **Christmas** 

Unfortunately, due to the impact of Covid-19, the Christmas period, which in normal times is a magical and joyous time at the Odell Centre, was alas, very limited this year, due to the severe Government restrictions in place. Arts and crafts had a Christmas theme and the centre was able to erect and decorate the usual Christmas tree and Father Christmas put in an appearance, although not in human form this year (see photographs) 




We arranged a couple of visits to Bodenham Arboretum to follow the nativity trail to see the animals. 



## **Other** 

During this period we invested heavily in an electronic signing-in system called InVentry for anyone entering or exiting the building. InVentry has replaced our antiquated signing in / signing out book and has transformed how we now record information. It not only helps with signing in / out, but also helps office staff collate relevant reports and is also used for fire procedures. 

## **Donations** 

Grateful thanks to all those who supported the Odell Trust through this difficult year. 

|PayPal (anonymous)|202.31|
|---|---|
|Monday Night Club|450.00|
|Sera Bove|20.00|
|David Morris - collection|500.00|
|Tesco Groundworks|500.00|
|Big Local DY10|2,000.00|
|Waitrose|333.00|
|Geraldine and Michelle Edwards|100.00|
|PayPal - Mr and Mrs Whittall|243.65|
|Co-op|250.00|
|Philip Harris'  family|100.00|
|Wyre Forest Lottery|83.00|
|Mr & Mrs Buttery|25.00|
|Mr George Johnson|50.00|
|Amazon Smile|25.00|
|PayPal (anonymous)|45.13|
|Mrs Greening - J Coley's Neighbour|20.00|
|Tesco Groundworks|1,000.00|



## **Grants** 

Active Herefordshire & Worcestershire Grant for Zumba, Music/Dance/Tai Chi, Boxercise and Golf Session 

5,000.00 



WCC Infection Control Fund National Lottery Awards For All – Sports/Exercise Sessions HMRC – Job Retention Scheme 

68,625.00 9,985.00 60191.00 

## **Finance Report** 

|**INCOME**||**EXPENDITURE**||
|---|---|---|---|
||**Year to**||**Year to**|
||**31/3/2021**||**31/3/202**|
||||**1**|
||**£**||**£**|
|WCC Personal|392,451|Staf Costs|344,945|
|Budget||||
|Donations|6,067|Activities|47,476|
|Grants|150,909|Support Costs|96,578|
|Other Income|32.110|Governance/Investments|3,685|
|**TOTAL**|**581,537**|**TOTAL**|**495,379**|



## **ANNUAL SURPLUS £86,158** 

Once again, the trustees are pleased to report that the Trust has maintained a strong financial position over the year ending 31[st] March 2021. Despite the fact that the trust has significantly increased expenditure from last year, the overall financial position has improved, thanks to a significant increase in the level of income. There has been a large drop in donations, but this shortfall has been more than addressed by a very large allocation of grants to the trust. These have often been to cover required Covid-19 expenditures. 

The strong financial position has enabled trustees to increase further the funds put aside into the Reserves. In addition to the 9 months’ worth of running costs, a further amount of £50,000 has been set aside for building maintenance and vehicle replacement. 

With such a strong financial position for the Trust, the Trustees are confident about the growth of the charity, and in turn, the consequent benefits this will bring to the members. 

A full set of accounts can be viewed on request. 



Alan Wardle
Treasurer

## **Governance Structure** 

The Trust became a Company Limited by Guarantee on 12[th] September 2016 and is governed by Articles of Association which established the objects and powers of the charitable company. 

## **Charity Name** 

The Odell Trust 

**Charity Number** 1170810 **Company Number** 10371450 

## **Registered Address** 

The Odell Centre, Plimsoll Street, Kidderminster DY11 6TZ 

## **Trustees** 

Mrs Ann Masters – Chairman 

Mrs Sue Moreve – Vice Chairman 

Mr Trevor Burgess Mrs Sue Cowen Mrs Jenny Perry Mr Alex Roberts Mrs Sue Nicholl 

Mr Keith Slater – 30.04.20 Mr Alan Wardle – 25.06.20 

## **Independent Examiners** 

Cutter & Co Ltd 

Lyttleton Court 3 Birmingham Street Halesowen 

## **Bankers** 

CAF Bank Ltd 



## **NOTES ON GOVERNANCE STRUCTURE** 

_The object for which this charity is established is to provide a Recreational Day Centre to support individuals who live in Worcestershire or the surrounding area for recreation or other leisure time occupation. This provision sets out to improve the conditions of life for those who have need of such facilities through disability, age, youth, infirmity, financial hardship or social circumstances._ 

## **Members** 

The subscribers to the Memorandum of Association and other persons elected by the Board of Directors shall, with their agreement, be admitted to membership of the Company. 

## **Organisational Structure** 

The Board meets as often as required and, during this financial year, met more frequently and remotely over Zoom. In between these meetings, the Policy & Procedures Review group continued to meet via Zoom, but other groups such as Health & Safety, could not meet due to government restrictions. 

The trustees have overall responsibility for ensuring the charity has systems of internal control in place and the PQASSO Quality System is in place. These measures are designed to give reasonable but not absolute assurance against material misstatement or loss. A budget is approved by the trustees annually and regular financial reports and forecasts are prepared for the Board. A Risk Register is being produced to ensure that the trustees understand the risks faced by the charity and plan for the management of those risks. 

## **Recruitment and Appointment of Directors** 

The directors of the company are also charity trustees for the purpose of charity law and under the requirements of the Memorandum and Articles of Association. Directors retire by rotation and elect a Chairman, Vice Chairman and Treasurer at each AGM. New directors are identified and appointed by the remaining Board members. 

## **Trustee Induction and Training** 

The Vice Chairman of the trustees is responsible for the induction of any new trustee, which involves awareness of the role and responsibilities of trustees, the governing documents, administrative procedures, as well as the history and philosophical approach of the charity. Additionally, Safeguarding Vulnerable Adults training for members of the Board was conducted over the internet in June. 

## **Related parties** 

There are no related parties this year. 



REGISTEI RED COMPANY NUMBEI R: 10371450 (England Walttl
REGISTERLD CHARITYNUMBVR.. 1170810
RLPOIIT OF THF, TRIJSTEE8 AND
IINAUDITED FtNANCIAL STATEMEI NTS FOR THE YEAR J£f4DED
31 MARCH 2021
FOR
THE ODELL TRUST
CUTTER & CO LTD
CHARTLRF.D ACCOUNI'ANTS
3 Lyttlettsn Court
Birrningham Street
Hale50W¢n
West Midlaiids
B63 31tN

TIIE 01)ELL TRUST
CONTENTS OF'K'FIE FINANCIAL STA'fci MCI Nrs
FOR THE YLLAR ENDED 31 MARCH 2021
Page
Report of the T￿￿te￿
I to3
depcndent Examinees Report
ststcment of Financial Activities
Bal4nGe Sheet
6t07
Notes to ihe Fin&ncial St8tements
8t013
Detailed Stytejnent olFinas)Ci81 Activitie5
14to15

THE ODELL TRU,ST
RLI PORT OF TRUSTEES
R THE YEAR EINDTr.D 31 MARCH 2021
The twstees who are a150 directors of the charity for the puiposcs of the C<>mpanies Act 2006) pre$ent their r¢porl with
the fwncipl stal¢ment5 of the charity foi the yLar ended 31 MA￿1] 2021. The trnste¢s have adopted Ibe pilivisions of
tht Statement of Recommended Practice ISORP)'Accounting attd Rqjorti￿g by Charities, issiied in Martih 2005.
RF.fiERENC'E AND ADMINISTRATIVF DETAILS
R¢gi5tered L'oiiipAiiy iiumber
10371450 {EnglaDd and Wales)
Registei'ed Charity numbei.
1170810
Registered office
The Odell C¢ntr¢
Plitysoll 8trect
Kiddern]inster
Worcestershire
DYII 6TZ
Trustees
T Burge5S
Mrs A Ma5t¢rs
Mrs S A Moreve
Mrs S Nicholl
A Roberts
M*s J D Pcrry
Mrs S Cow¢
A P Wardle
KM SILt￿.
- appoillt¢d 30.4.20
- appointed ￿.6.20
Independent examinei.
Katherine Jones
Insititute of Chwlered AccowitaThts ill Englotsd & Wal¢s
currER & CO LTD
CHARTERED ACCOUNTANTS
3 Lyrtleton Court
Birjninghain Street
Hale50wen
West Midlonds
B63 3HN
STRucfuRE, GOVERNANCE AND MANAGEMENT
Coverning document
The charity is a cbaiitabl¢ company IEmit¢d by guaratLtee, InCOlForated on 12th September 2016 and regisl¢Led as a
¢h8rity on 19tb December 2016. The coinpany was establisli¢d, and is governed. under its Memorandum and knliGles of
Association which est2blish¢s thc objects and PDwer8 of the oh8fltable company.
In the event of ihc company being wound up, tnembers are requited to Lontribute amount not exceeding £10.
Reci'uitment And appointment of new ti'ustees
Where t]iere is a requiiement for new Lrust¢¢s, tILesc would be identified and appointed by the retnaining trustees.
Pagc I

THE ODFLL TRUST
REPORT ofi TIIE TRUSTEES
r4OR TH£ YEAR ENDED 31 MARCH 2021
STRUCTIJIIE, GOVLI RNANCE AND MANAGEMENT
Ili5k management
Thc tiustces E￿v¢ a duty to identify 8nd review the risks to which the charity 15 eX￿}Sed and to ensure appropri&te
controls are in place to provide reasonable assurance ag8inst fraud and error.
The Trustees cunrntly have a working gtollp drawing up a risk register to ffli(igate known risks.
OBJfi.(:TIVgS AND AcrtVITlfS
ObJectiVeS 8nd aims
The obj¢otive for which this charity ES estsbli.shed is to provide a Recreational Day Celltre to suppoil individuals who
live in Wor¢estershire oi. tlie 5uryounding arca in re¢r¢ation or other leisure liine occupallon. l-his piy)vigion scls out to
llnpiove the condittons of life for those who have lleed of such facilities Ihroiigb dÉsability, age, youth, illfirmity,
finollcial hardship or social cir¢umstsnces.
The objectives. aims and activities are reviewed each year. The rEViCW looks at what h8s been achieved and th¢
outcorne in the pr¢vious Lwelve months. The review looks at the success of each key activity and benefits thtty have
brought thoge people the cliarity was 5cI up to help. The review also helps to ensuie tlia( the objectives, and
activities remain focused on the charity's stated pu4￿5¢. The tnist¢es have refetted to the guidancc contained in the
Charity Commission'5 general guAd8nce 0￿ public benefit when ievicwillg th¢ objeclivcs and 3iTns, and in plaD]iing
aGtivities.
The Odell Trust colltinues to meet its aims and obje¢tives by providing fa¢ilities such as equipm¢nl, buildings and
access to various Con)m￿nity vcnues at which it provide5 social, recreatiolwl atsd leisuiE resources foi. people with
disabilities and other disadvantages. To do $0 it employs a team of staff and m811?ges voSiinteeFS.
Significant actliities
To achieve ils objetitives the charity providcs social ond recreational activities at a day Centre called the Odell Centre
alld outside in the wider ¢ommunity.
Volunteers
The charity is grateful for the unstinting efforts of its volunteers, who are involved in service provision and fi￿d rai55ng.
Page 2

THE ODEI LL I'RUS'I.
REI PORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2021
ACHIEI VEMENT AND PERIIORMANCE
Chhritable activitie5
The charity has liad a difficult year followitig all the rcsti'ictions caused by the Covid-19 Pandemic. The cliarity's core
client group remain8 th05¢ memberb witli Iearnillg disabilities Although we Also have mernber8 Wlth mental health
I￿ts¢$. These are some of itE¢ ]nost vulnerable ]neinbei's of our soGiety sv w¢ have put in placc a i?nge of measllres
including new flooring, P￿sp¢X screens, social dislancitig markers as well as a range of PPE measures whi¢h ¢nabl¢d
us to ieopeii fi]Ily and safely when we wcrc allowed to do 50, aIthou8h we were siill limited io pioviding a SD]aller
range of a¢tiviiies throughout th¢ year.
tn order lo Goniinue to achieve the aims of the ch￿'Ity through this ditricult period w¢ have provided.
l. Ai home activities for m¢mber5 sent weekIy by pogl. These activities included arts and ¢rgfts projects, quizzcs and
whcn appropriatti 8rows118 plants from seeds aiid cookii)g 8rtLVities.
2. A¢tsvities over the internet inGluding Zoom 5wion8 forbingo, quizzes, cooking sessions and dance.
3. Allolmenl sites which provided activities that collld be conducted outdooiE safely, including pl#t)tiDg vegetables to bc
used in the Odell KJ"tcheIi, and painting raised beds and f¢ttLe5.
4. Indoor activities once abl¢ to r¢op¢n safely. mait)ly including aTts and CTaft5 aGtivities.
5. A few outdoor vi5118 when covid restrictions allowed, ill¢ludiT]g a visit to a local arbor¢tum for a Christmas nativity
trail. Most of the other usual external community activities have been badly llffe¢ted gnd minimizcd duc to government
rcstrictions.
FINANCIAL REI VIEW
Financial POSLti02]
Once agaill, the trustees have ken pl¢a5d to see that overaIl income withit) the ¢harity bas continued to grow during
the yeÈr.
Thc oveTall healthy position of the reserv¢s, aiid in particular the relatively high ainount of untestricted fi)nd5, has
enabled the tsijstccs to incre8se the value of thc reserves policy) as outlined below. This has enabled the ttu51ees to feel
more pix>tected agAinst Any pot¢ntlAI ua¢xpe¢ted costs.
It 18 21so good to ieport that the charity has coped well wtth the signifiGallt 185u¢s related to the covid-19 pandemi¢, and
is now lookin8 fonvard, and moving on to the next pha5¢ of developinent.
liescrve5 Policy
The Trustees have agreed a Reserves Policy based on nine months runniTLg costs plus an allowance for redundanq pay
and oth¢r c105ure liabilities. For 2021 this figure bas be¢n s¢t at £418,155.
Reserves have also been d¢signated for buildillg & vehiclc purebaselrtnovalitsn totalling £50,000, and £20,000 set aside
for thc Odell Member'5 benevolent fund.
Approved by order of the board of tnjstees 25 November 2021 and signed OD its behalf by..
Mts A Masters
Chair of Trustees
Page 3

INDEI PENDENT EXAMINEk'S RFPORT TO THE TRUSTEfi S OF
THE ODELL TRUST
I report on the aCcoU￿tS of the ¢ompaThy for the year ended 31 March 2021, which are set out on pttges five to thirteen.
Responsibilitie5 And basls of repoi't
As the ch21ity's trustees (and also the dtrector5 for the purposes of company lawl you are i'¢spoJsib16 for the prepargtion
of the accounts in accordance with ihe requi¥em¢nls of the Companies Act 2006.
Ilaving satisfled myself that the chariiy is not subject to audit under coinpany law is eligible foi. independant
cxamination, I have extimined your charity's accouDts as irqllired und¢r section 145 of the Cliaritits Act 2011 Cthe
Act). In canying out ￿Y examination I have followed the DiTections given by the Chai'ity Cormnis5ion under section
145{5)Ib) of thc 2011 Act.
My role is to state whetber any material Inatters have conie to rny attention giving m¢ cause to believe..
that accounting records wue not k¢pl as requii¢d by 5e¢tiott 386 of the Compallies Act 2006. 01.
that the ac¢ouiitg do not accoid with thixse iecords. or
that the accnunts do not comply with the accounting requirements of sectIon 396 of thc Compattics Act 2006
and with the tnethods and principles of th¢ Chariti¢s stat￿llent of RecoJnm¢nded Practice appliGable to charities
prepallng their accounts in accordance wAth Ihe Financial Reporting Standard applicable in Ilie UK ond Republic
of treland,. or
tbat thcr¢ is ft]rther infoTm2tion needed for a proper und¢rst8ndsng of the accounts.
Independent exAmiRer'$ stAtement
Since your charity's gr055 income exceeded £250,000 your examiner must be a member of a listed body. I can confinn
tliat l am qualified to undertake the Examination becaus¢ l am a registered member of IDsititute of Chartered
Ac¢ourtlants in England & Wales which 15 one of th¢ listed bodies.
I bave completed iny exatnination and hav¢ no con¢¢rns in respect of tlie ittatlers (l) to (4) listed above And, in
¢ODnectioll with following the Directions of the ch￿'llY Commis5iou I have follnd tto matters that require drawsng to
youi attention.
Katlicrine Jones
Insititute of Chart¢r¢d Accountants in Englattd & Wale8
CUTTER & CO LTD
CHARTF.RED ACCOUNTANTS
3 Lyltl¢ton Court
Birminghanj Street
Hale50wen
Wcst m￿al2ndS
B63 3HN
25 Novemlxr 2021
P8g¢ 4

'riiLf ODifLL TRUST
STATEhIEP4T OF filNANCIAL ACTtVlTJEI S
riOR TIIE YEAR NDEI D 31 MARCH 2021
2021
2020
Total fvnd5
Unrtstricted
fl￿dS
Re8tricted Total
nds
Not
INCOMf & ENDOWMENTS FROM
[nco￿t from donations and legacies
oth￿ tradEng aclivities
Illveslmellt sjicoinc
Incomijig resources from chgritable Activities
Income froin ch8ritable activities
oiher in¢ome- Gr8nts
6,067
57
32,053
6,067
57
32,0S3
58,834
566
(10,836)
392,451
148,787
392,451
150909
420,486
2,122
Total incoming resources
579,415
2,122
581,537
471.547
RESOURCES EXPENDED
Charitable activitles
Charitable expenditt]re
Other resources expcndcd
390,298
102959
2,122
392,420
102.959
344.870
Total resouree5 expend¢d
493,257
2,122
495,379
421.764
NET INCOMING RESOURCES
86,158
86,158
49.783
RECONCILIATION OF FUNDS
Total funds byought forwArd
444,655
444.655
394,872
TOTAL IfuNDS CARRIED FORWARD
530 813
530,813
444,655
ThE not¢5 forni part of these finattcial slatcmcnts
Page 5

THE ODELL I'RUST
BALANCE,SHEfiT
AT31 MARCH 2021
2021
Reslricted Totsl fullds
fund5
2020
Total fvttds
Unrestricted
rtds
Not
FIXEI D ASSETS
Tangible assets
36,746
12,025
48,771
53,686
CURREN'f ASSEI I'S
Debtors
Invcstment5
Casli at baith and in hand
17,161
353,478
140,694
17,161
353,478
140694
17,709
323,756
75,946
511,333
511J33
417,411
C.REDITOIIS
Amounts falling du¥ within one year
10
(17,266)
(12,025)
(29,291)
(26.442)
NET CURRENf ASSETSI(LIABILITIES)
482 042
390,969
TOTAL ASSETS LESS CURRENT
LIABILITIES
530,813
530,813
444,655
NET ASSETS
530 $13
530,813
FUNDS
Untcstricted ftsnd5
Re5tritted funds
530,813
444.655
TOTAL FUNDS
530813
The notes foiJn part of these flnancial stotements
Page 6
continued...

THE ODLI.L Tllus'r
BALANCE SHEI EIT- CONTINUEI D
AT 31 MARCH 2D21
The charitable company is entitled to ex¢ll]ption from audit under Section 477 of the Companies Act 2006 for the year
end¢d 31 March 2021.
The members have not required the eomp8ny to obiait) an audit of its financial 5tatemertls for thc ye)F ond¢d
31 March 2021 in aecordance with Section 476 of the Coinp3nie5 AGt 2006.
Tbe trustees a¢knowlcdge thcir responsibilities for
en5vriiig th4t the charitable company keeps qCCo￿lIt1￿g record5 thit comply with Sections 386 and 387 of tbe
Co]npanie5 Aci 2006 and
preparing FinaE]Gi81 stalements whicli give a true and fair vjew of the statc of affaiiB of the charilabl¢ company as
al the cnd of each f￿an¢la[ ytar and of its 5urpIu5 or deficit for eacb financial year in accordance with the
Tequir¢mcllls of Sections 394 and 395 and which oth¢iwise comply with the rcouirejnents of the Companies Act
2006 rclatin8 to financial statcments, 80 far as applscable to the charii#ble company.
(b)
These financial Statements havB been prep￿rd in #ccordaoce with the special provi5ioDs of Part IS of the Companics
Act 2006 relating to charitable small ￿MPanieS and with tb¢ f￿an¢1￿1 Reportin8 Standard for Smaller Intities
{effeGtive Janllaiy 2015).
The finallcial statemcnts were approved by the Board of TNstees on 25 Novernber 20218nd were signed on its
behalf by..
Mr5 A Mastus- Chair of Trustees
The note8 foTm part of these finallGial statements
Page 7

THE ODELL TRUST
NOTCI S TO THE f4INAF4C.IAL STATEMENTS
IIOR THE YEAR ENDED 31 MARCH 2021
ACCOUNTll¥G POLIC'IES
Basis of preparing the financial stAtements
'rhe fmanciAI statcmen15 of the charity, whicli is a public benefit entity under l."IIS 102, have becn prepared in
acGordan¢¢ with the Charili¢5 Sory (l*RS 102} 'Aecountillg and Reporting by Cliarities.. Statement of
Reconunended PraLtice applicable to cliaritie5 preparing their accouDts in accordancc with the Fllianctal
Reporting Standard applitablL in the UIC and Rcpublic of Irel8nd (FRS 1021 (¢f(ective I Sanuary 20151, and ibc
Charitics Act 2011. I'he finaiiGifyl $tatcment5 have been prepared under the liistoIic81 tost co￿v¢￿tiO1),
Aceounting eonventio
The finan¢ial statements have been prepared under the htstorical cost conv¢ntion, attd in accordance with the
FADancial Reporting Slandai'd for Stnaller Et)tities (effe¢iive April 2008), the Companic5 Act 2006 and the
requittments of the Statement of RecomTnended Practice, A¢¢ounting and Reporling by Charities.
Incoming I'esoiirces
All inoome is recognised in the State￿ent of Fin8ntial Activities once the tharity has entLtleTnent to thc funds, it
is pix>babl¢ that ihe income will be received and the amount csn be Jne85ured rcliably.
The following 5pecifiG poli£ie$ are applied to particular caiegorie6 of income..
For donations to be reeognised the charity will have been nottfied of the amounts and the settlcment date in
writing. If tli¢r¢ are Conditions a1tr4¢hed lo the donation and tlii5 reqtsires a level of perfomiattce before
entitlement can b¢ obtained then income is deferred until tlios¢ condition5 are fijlly met or the fuifi]m¢nt of tbose
onditions is wiihin the ¢oiitrol of the Gharity and it is probable that thcy will be fi]Ifilled.
tncome from governrncnt Y¢nd other grants are r¢cognised at fair v#lue wben the charity has entitlcment aft¢r
performaD¢e conditions have beeJJ met, it 15 probable that the incoine will be iEceived aTLd the &mouttt can b
measured reliably. If entitlernellt is T)Ot met thell these amounts are defcrred.
Where iDcoming resources have related cxpenditur4 the incojning resour¢¢s gnd related ¢XP¢llditure are
reported gross in the Stattment of Financial A¢tivitcs.
Inv&stEn¢nt incomc is eaTDed through holding assets foi. iThYe5trnent purposes such as bank dq)081t accounts.
Interest income is recognisEd using the ¢ffective intcrcst Jneihod and is rccognised as th¢ ¢harAtls right to
receive pa￿etst is established.
In¢omitsg resource5 fi￿M charitable #ctivities Are accout)ted for when eamed.
No amount 1$ included in tbe fitt&Thcial statem¢nts for volunteer titn¢ in lint witb the SORP (FRS 102)- Further
detail is given in the Tru5te¢s' Ajjnual Report.
Resources expended
Liabilities are recogtiised as expendih)r¢ As soon as theK 15 a leg21 or construotive obliBrttion committing the
chai'ity to th&t expcnditurc, it is probabl¢ that a knT)sfer of econorni¢ benefits will be required in sett]einent and
the amouni of the obligation can be measured ￿lIablY. Lxp¢iiditure is accouotcd for oli an acGro&ls ba518 and has
been classified und￿. he8dillg5 that aggiEgate all cost Tclxtcd lo the category. Where costs cannot be dircctly
attributed to parti¢ulai' headings iliey have been allocllted to activÈtie5 on a basis consistent with the ￿se of
resoui'ces.
Irre¢ovcrablt VAT is charged a5 an expense against th¢ activity for which the expendith]re arosc.
Tallgible fixed assets
Depreoialion is provided at ihc following annu&l r8te5 in order to write off eacli assct over its estiinat¢d useful
life.
FixtUif5 and fittings
Motor vehicles
1S°/0 on rcducing balance
20/0 on r¢ducing balance
Pag¢ 8

THCI ODCI Ll.'fRUST
NOI'LS TO THE FINANCIAL STATEI MENTS- CONTINUEI D
FOR THE YEAR EINDED 31 MARCH 202]
ACCOUNTllYG POJ.ICIES- continue
TayAtion
The charity is ¢xempt from coipoiztion tax on ils charitable activitics.
I￿1 aecounting
Unlrstricied fvnds tan be used in aceordanc¢ wilh the charitabl¢ objectives at th¢ di%retion of the tswst¢¢s.
Restricted fijnds ¢an only be used for particular restricted piirposes within the obje¢t5 of the charity- Re5triction8
arise when Sp￿lfied by the donoT oi. whert are raised for particular restricted purpose5.
Further explaoation of the nature and p￿rpOSe of eaoh fvnd is irt¢luded in the notes to the financial statements.
Hire purehhse and leasing c4)mmiÉtnents
Ren(als paid under operating lea5¢s are thaiged to the Statement of Financial Activities on a straight line basis
over the period of the lease.
PensTOll eosts and other post-retirement beRefits
The charitable ¢ompat)y Operates a defined contribution pension schetne. Colltributiolls pgygble to th¢
chsrituble company's pension schem¢ ar¢ charged to the Statenjent of Financtal Aetivities in the period to whAch
th¥y rel&te.
Financial reporting standard 102- reduced disc105ure exemptiona
The charKty has t&ket) advantage of ihe following discloslli'e exejnption in preparing these finan¢ial stat¢m¢ttt&
&$ permitted by FRS 102 The Financial R￿OrtillE Stsndard applicable in the UK and Republic of ITeland':
- the r¢quiremmts of Section 7 Statement of Cash Flow5.
INCOME FROM OTHER TRADINC
AC'TIVII'TES
2021
2020
O(kll gener&ted illcome
57
566
INVESTMENT INCOME
2021
2020
Dep051t account interest
Cuff asset inv income
493
31,560
536
72
32,053
10,836
NET INCOMINCI(OUTGOING) SOtIRCES
Net resources are stated after Cliargin￿{QredltlDg)'.
2021
2020
Depreciation- owned essets
Hirc of plarLt and Inachinay
Other peosion costs
9,300
2,695
10,342
Pag¢ 9

THE ODELL TRUST
NO'fEI S TO'fHE FINANCIAJ. STATEI MEwfs_ COTrlTINUED
r4OR I"HC YEAR ENDEI D 31 MARCH 2021
TRUSTEES, REMUNERATION AND BKNEFITS
There wei'e no trustets, remuneration or other benefits for Ihe year ended 31 Marth 2021 nor for the year cnded
31 March 2020.
Ti'ustees, expenses
There were no trLJslees' expense5 PAid for the year endd 31 March 2021 ttor foi the yeai. eoded 31 Ma￿h 2020.
STAFF COSTS
2021
2020
Wages and $aldries
Social security cost5
oth￿ pension costs
320,062
19,183
270,739
19,398
4.704
li
344,945
294,841
The average monthly numbcr of employ¢cs during the year was #s follows=
2021
16
2020
13
Day Centt"e
Administration
19
17
No employees received emoluments in ex¢css of £60,000.
TANGIBLE FIXEI D ASSEI'S
FixbJr¢s and
rittiJig5
Motor
vthiclc5
Totals
COST
At l April 2020
Addition5
61,302
4.385
23,374
84,676
4,385
At3l Maith 2021
89,061
DFPRF.CIAI"ION
At l April 2020
Charg¢ foi ye)r
19,413
6,941
11,577
2.359
30,990
At 31 Nlarch 2021
26.354
40.290
NET BOOK VALUL
At 31 Marcli 2021
39,333
9,438
48,771
At 31 March 2020
41,889
53,686
Page 10

THE ODELL TRUST
NOTfi I'O THE fENANCIAL STATEI MENTS- CONTINUED
FOR THE YEARENDKD 31 MARC.H2021
DEBfoRS: AMOUNTS fiALLJiYG DUK WITIllN ONE YEAR
2021
1020
TIade debtors
PiepayiT)ents
9,801
7,360
10,766
6.943
CURIIENT ASSEI T INVFSTMEN'rs
2021
2020
Investment aocouDts
353 478
323 756
io.
CRF,DITORS: AMOUNTS FALLING DUE wfnuN ONE YEAR
2021
2020
Tradc credÈtors
Social SLcurity aDd otlier tax¢s
Other GTeditors
AcGNa￿S and d¢f¢tred income
Accrued exp￿$¢$
8,618
5,722
4,831
731
19,133
1,236
13,691
29,291
26,442
MOVEI MENT IN FUNDS
Net movement
Transfers
in fi]nds between funds
At 1.4.20
At31.3.21
Unrt5trieÉed funds
Gencral fimd
Designated fund
38,236
406419
86.158
(81,7361
81,736
42.658
488.155
444,655
86,158
530,813
TOTAL FUNDS
444 655
86,158
530,813
Page 11

THJ£ ODELL TRUST
NOTES TO TIIE FINANCIAI., STATEMII NTS- cof4TINUED
FOR THE YF,AR ENDED 31 MARCH 2021
Ji.
MOVEMENT IN fiUNDS- conlxnlled
Net movement in funds, included in th¢ abovc are as follows:
Incoming
re50urce5
Resources
expetsdcd
Movement in
funds
Unresti-icted funds
Gejjeral fund
579,415
(493,257)
86,158
Restricted funds
Ev¥son Charitable Trust
Loll¢ry IT Grant
867
(867)
2,122
{2,122)
TOTAL FUNDS
581 $37
495 379)
Comp#i'2tives for movemeiit sn funds
Net movetnent
Tr8ttsfers
in funds between fund5
At 1.4.19
At31.3.20
Uurestricted fiund5
G¢neLpI furtd
Dcsi8nated ￿t)d
137,471
257,401
49,783
(149,0181
149018
38,236
406419
394,872
49,783
444,655
TOTAL FUNDS
394 872
Comparativ¢ net Lnovement itj ￿nds. included in the 8lx)ve are as follows..
Incomin8
re8ources
Resources
xp¢nded
Movemcll¢ in
fiu)d5
Ilnresti'icted fund$
GeiierJl fund
469,050
(4192671
49,783
Resti'icted fuDds
Evesoll ChaTilable Tnjst
Lottery IT Giant
5,020
1,477
(1.020)
1.477
2,497
(2,497)
TOTAL FUNDS
471547
4217641
Page 12

THE ODfi LL TRUST
NOTES TO THE filNANCIAL VAI'EMEI NTS. C.ONTJNUED
FOR'fHE YEAR LI NDEI D 31 MARCH 2021
MOVEMENT IN FUNDS - Continued
A GuIrcJJt year 12 months and prior yezr 12 months combined positiott is as follows:
Net movement
Trnnsfeis
in funds between fullds
At 1.4.19
At 31.3.21
Uni'estricted funds
Genei'al fund
Designated fi]rtd
137,471
135,941
(230,754)
230,754
42,658
488 155
11
TOTAL FIINDS
394.872
530 813
A cunent ytsr12 motsths Ènd prior yc&r 12 month5 ¢ombined iiet Enovenicnt in fund% included in the abov¢ UL
as follows..
IncomiDg
resources
Resources
expended
Movement in
fund5
U*restricted funds
General fund
1,048,465
(912,524)
135,941
Restt'icted fund$
Eve50n Cbarilabl¢ Tnjst
Lottery IT CTrant
1,887
11,887)
TOTAL FUNDS
1053 084
917,143)
I'rAll5fers behveeR funds
Dcsignated funds arc sct at nine months nintting cosls plus an allow&nce for redundancy pay #nd other G105ur¢
liabilitse5 among otlier diings. The￿¢ have been illGreased to £488.155 from £406,419 in the previi)us year.
12.
DEFERRED INCOME
Deferred intome is the balattce of th¢ Eveson ¢h8rit8ble tNst grant, and Lottery thnd2ng for IT quipment,
which are both beiug reltastd as incotne at the 58]ne Kate as the aEsels they were intended for- 15 /0 reduLin8
balance.
Pag¢ 13

THE ()I)EL LL TRUST
DETAILED STATEMENT OF FINANCIAL AC.TIVITILI S
FOR THC YEAR EINDLID 31 MARCII 2021
2021
2020
INCOMING REI SOURCEI S
Income from Ilonations and leg*¢ie5
Donatiotts
6.067
58,834
Income IroRn othei. tridirtg 8ctivities
Odell generated income
57
566
Inveslment intome
Deposit account intthest
CuiT as8et Inv income
493
31.560
536
11,372
32,053
110,8361
Ineomiiig i'esource5 from charitable activities
AtteiidaDCC income
Grants
392,451
150,909
420.486
543,360
422.983
Totfil incomlng resollTce5
581,537
471,547
RESOURCES EI XPENDED
Charitable aetivitie5
Wages
Social security
Pensions
Food aDd cojisuinables
Trip5. Qutings, activities
Minibu5 nJ]Jning costs
320,062
19,183
5,700
9.682
31.738
270,739
19,398
4,704
18,232
25.726
392.421
344,870
Support cost$
Management
Rent, rat&% and water
Insurortce
Light and heat
Telephc)ne
AdV￿lis]ng
General and o￿lte expeThs¢s
RcpaiiE and ieDtwals
HR, DBS and T￿ruitment costs
FixtUTes Snd fitt5ng5
Motor vehicle5
12,781
2,928
3,874
4,166
386
16,970
19,555
2,271
4,145
3.692
1,677
10,516
14,552
7,556
7.392
4,900
6,941
96,578
74.305
This page does Dot forjn parl oftlie slatutoiy finarttial stat¢m¢nls
Pagc 14

THE ODELI, TRUST
DL'fAILEÉD STAT￿ MLfNT or r4 INANCIAL ACTIVITIEI S
FOR THE YEAR fiiyI)F.D 31 MARCH 2021
2021
2020
FinMne¢
Investments SCTvice Gharges
Baiik GharB¢
2,331
?0
339
60
2,401
399
Other
A¢coiintan¢y and l¢gal fees
1,284
Total resolli'ces expended
495,379
421,761
Net income
86,158
Tliis page docs ntst forni part of the 51anilory fiNnci81 stateTnent5
Pa8c 15

REGISTEI RED COMPANY NUMBEI R: 10371450 (England Walttl
REGISTERLD CHARITYNUMBVR.. 1170810
RLPOIIT OF THF, TRIJSTEE8 AND
IINAUDITED FtNANCIAL STATEMEI NTS FOR THE YEAR J£f4DED
31 MARCH 2021
FOR
THE ODELL TRUST
CUTTER & CO LTD
CHARTLRF.D ACCOUNI'ANTS
3 Lyttlettsn Court
Birrningham Street
Hale50W¢n
West Midlaiids
B63 31tN

TIIE 01)ELL TRUST
CONTENTS OF'K'FIE FINANCIAL STA'fci MCI Nrs
FOR THE YLLAR ENDED 31 MARCH 2021
Page
Report of the T￿￿te￿
I to3
depcndent Examinees Report
ststcment of Financial Activities
Bal4nGe Sheet
6t07
Notes to ihe Fin&ncial St8tements
8t013
Detailed Stytejnent olFinas)Ci81 Activitie5
14to15

THE ODELL TRU,ST
RLI PORT OF TRUSTEES
R THE YEAR EINDTr.D 31 MARCH 2021
The twstees who are a150 directors of the charity for the puiposcs of the C<>mpanies Act 2006) pre$ent their r¢porl with
the fwncipl stal¢ment5 of the charity foi the yLar ended 31 MA￿1] 2021. The trnste¢s have adopted Ibe pilivisions of
tht Statement of Recommended Practice ISORP)'Accounting attd Rqjorti￿g by Charities, issiied in Martih 2005.
RF.fiERENC'E AND ADMINISTRATIVF DETAILS
R¢gi5tered L'oiiipAiiy iiumber
10371450 {EnglaDd and Wales)
Registei'ed Charity numbei.
1170810
Registered office
The Odell C¢ntr¢
Plitysoll 8trect
Kiddern]inster
Worcestershire
DYII 6TZ
Trustees
T Burge5S
Mrs A Ma5t¢rs
Mrs S A Moreve
Mrs S Nicholl
A Roberts
M*s J D Pcrry
Mrs S Cow¢
A P Wardle
KM SILt￿.
- appoillt¢d 30.4.20
- appointed ￿.6.20
Independent examinei.
Katherine Jones
Insititute of Chwlered AccowitaThts ill Englotsd & Wal¢s
currER & CO LTD
CHARTERED ACCOUNTANTS
3 Lyrtleton Court
Birjninghain Street
Hale50wen
West Midlonds
B63 3HN
STRucfuRE, GOVERNANCE AND MANAGEMENT
Coverning document
The charity is a cbaiitabl¢ company IEmit¢d by guaratLtee, InCOlForated on 12th September 2016 and regisl¢Led as a
¢h8rity on 19tb December 2016. The coinpany was establisli¢d, and is governed. under its Memorandum and knliGles of
Association which est2blish¢s thc objects and PDwer8 of the oh8fltable company.
In the event of ihc company being wound up, tnembers are requited to Lontribute amount not exceeding £10.
Reci'uitment And appointment of new ti'ustees
Where t]iere is a requiiement for new Lrust¢¢s, tILesc would be identified and appointed by the retnaining trustees.
Pagc I

THE ODFLL TRUST
REPORT ofi TIIE TRUSTEES
r4OR TH£ YEAR ENDED 31 MARCH 2021
STRUCTIJIIE, GOVLI RNANCE AND MANAGEMENT
Ili5k management
Thc tiustces E￿v¢ a duty to identify 8nd review the risks to which the charity 15 eX￿}Sed and to ensure appropri&te
controls are in place to provide reasonable assurance ag8inst fraud and error.
The Trustees cunrntly have a working gtollp drawing up a risk register to ffli(igate known risks.
OBJfi.(:TIVgS AND AcrtVITlfS
ObJectiVeS 8nd aims
The obj¢otive for which this charity ES estsbli.shed is to provide a Recreational Day Celltre to suppoil individuals who
live in Wor¢estershire oi. tlie 5uryounding arca in re¢r¢ation or other leisure liine occupallon. l-his piy)vigion scls out to
llnpiove the condittons of life for those who have lleed of such facilities Ihroiigb dÉsability, age, youth, illfirmity,
finollcial hardship or social cir¢umstsnces.
The objectives. aims and activities are reviewed each year. The rEViCW looks at what h8s been achieved and th¢
outcorne in the pr¢vious Lwelve months. The review looks at the success of each key activity and benefits thtty have
brought thoge people the cliarity was 5cI up to help. The review also helps to ensuie tlia( the objectives, and
activities remain focused on the charity's stated pu4￿5¢. The tnist¢es have refetted to the guidancc contained in the
Charity Commission'5 general guAd8nce 0￿ public benefit when ievicwillg th¢ objeclivcs and 3iTns, and in plaD]iing
aGtivities.
The Odell Trust colltinues to meet its aims and obje¢tives by providing fa¢ilities such as equipm¢nl, buildings and
access to various Con)m￿nity vcnues at which it provide5 social, recreatiolwl atsd leisuiE resources foi. people with
disabilities and other disadvantages. To do $0 it employs a team of staff and m811?ges voSiinteeFS.
Significant actliities
To achieve ils objetitives the charity providcs social ond recreational activities at a day Centre called the Odell Centre
alld outside in the wider ¢ommunity.
Volunteers
The charity is grateful for the unstinting efforts of its volunteers, who are involved in service provision and fi￿d rai55ng.
Page 2

THE ODEI LL I'RUS'I.
REI PORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2021
ACHIEI VEMENT AND PERIIORMANCE
Chhritable activitie5
The charity has liad a difficult year followitig all the rcsti'ictions caused by the Covid-19 Pandemic. The cliarity's core
client group remain8 th05¢ memberb witli Iearnillg disabilities Although we Also have mernber8 Wlth mental health
I￿ts¢$. These are some of itE¢ ]nost vulnerable ]neinbei's of our soGiety sv w¢ have put in placc a i?nge of measllres
including new flooring, P￿sp¢X screens, social dislancitig markers as well as a range of PPE measures whi¢h ¢nabl¢d
us to ieopeii fi]Ily and safely when we wcrc allowed to do 50, aIthou8h we were siill limited io pioviding a SD]aller
range of a¢tiviiies throughout th¢ year.
tn order lo Goniinue to achieve the aims of the ch￿'Ity through this ditricult period w¢ have provided.
l. Ai home activities for m¢mber5 sent weekIy by pogl. These activities included arts and ¢rgfts projects, quizzcs and
whcn appropriatti 8rows118 plants from seeds aiid cookii)g 8rtLVities.
2. A¢tsvities over the internet inGluding Zoom 5wion8 forbingo, quizzes, cooking sessions and dance.
3. Allolmenl sites which provided activities that collld be conducted outdooiE safely, including pl#t)tiDg vegetables to bc
used in the Odell KJ"tcheIi, and painting raised beds and f¢ttLe5.
4. Indoor activities once abl¢ to r¢op¢n safely. mait)ly including aTts and CTaft5 aGtivities.
5. A few outdoor vi5118 when covid restrictions allowed, ill¢ludiT]g a visit to a local arbor¢tum for a Christmas nativity
trail. Most of the other usual external community activities have been badly llffe¢ted gnd minimizcd duc to government
rcstrictions.
FINANCIAL REI VIEW
Financial POSLti02]
Once agaill, the trustees have ken pl¢a5d to see that overaIl income withit) the ¢harity bas continued to grow during
the yeÈr.
Thc oveTall healthy position of the reserv¢s, aiid in particular the relatively high ainount of untestricted fi)nd5, has
enabled the tsijstccs to incre8se the value of thc reserves policy) as outlined below. This has enabled the ttu51ees to feel
more pix>tected agAinst Any pot¢ntlAI ua¢xpe¢ted costs.
It 18 21so good to ieport that the charity has coped well wtth the signifiGallt 185u¢s related to the covid-19 pandemi¢, and
is now lookin8 fonvard, and moving on to the next pha5¢ of developinent.
liescrve5 Policy
The Trustees have agreed a Reserves Policy based on nine months runniTLg costs plus an allowance for redundanq pay
and oth¢r c105ure liabilities. For 2021 this figure bas be¢n s¢t at £418,155.
Reserves have also been d¢signated for buildillg & vehiclc purebaselrtnovalitsn totalling £50,000, and £20,000 set aside
for thc Odell Member'5 benevolent fund.
Approved by order of the board of tnjstees 25 November 2021 and signed OD its behalf by..
Mts A Masters
Chair of Trustees
Page 3

INDEI PENDENT EXAMINEk'S RFPORT TO THE TRUSTEfi S OF
THE ODELL TRUST
I report on the aCcoU￿tS of the ¢ompaThy for the year ended 31 March 2021, which are set out on pttges five to thirteen.
Responsibilitie5 And basls of repoi't
As the ch21ity's trustees (and also the dtrector5 for the purposes of company lawl you are i'¢spoJsib16 for the prepargtion
of the accounts in accordance with ihe requi¥em¢nls of the Companies Act 2006.
Ilaving satisfled myself that the chariiy is not subject to audit under coinpany law is eligible foi. independant
cxamination, I have extimined your charity's accouDts as irqllired und¢r section 145 of the Cliaritits Act 2011 Cthe
Act). In canying out ￿Y examination I have followed the DiTections given by the Chai'ity Cormnis5ion under section
145{5)Ib) of thc 2011 Act.
My role is to state whetber any material Inatters have conie to rny attention giving m¢ cause to believe..
that accounting records wue not k¢pl as requii¢d by 5e¢tiott 386 of the Compallies Act 2006. 01.
that the ac¢ouiitg do not accoid with thixse iecords. or
that the accnunts do not comply with the accounting requirements of sectIon 396 of thc Compattics Act 2006
and with the tnethods and principles of th¢ Chariti¢s stat￿llent of RecoJnm¢nded Practice appliGable to charities
prepallng their accounts in accordance wAth Ihe Financial Reporting Standard applicable in Ilie UK ond Republic
of treland,. or
tbat thcr¢ is ft]rther infoTm2tion needed for a proper und¢rst8ndsng of the accounts.
Independent exAmiRer'$ stAtement
Since your charity's gr055 income exceeded £250,000 your examiner must be a member of a listed body. I can confinn
tliat l am qualified to undertake the Examination becaus¢ l am a registered member of IDsititute of Chartered
Ac¢ourtlants in England & Wales which 15 one of th¢ listed bodies.
I bave completed iny exatnination and hav¢ no con¢¢rns in respect of tlie ittatlers (l) to (4) listed above And, in
¢ODnectioll with following the Directions of the ch￿'llY Commis5iou I have follnd tto matters that require drawsng to
youi attention.
Katlicrine Jones
Insititute of Chart¢r¢d Accountants in Englattd & Wale8
CUTTER & CO LTD
CHARTF.RED ACCOUNTANTS
3 Lyltl¢ton Court
Birminghanj Street
Hale50wen
Wcst m￿al2ndS
B63 3HN
25 Novemlxr 2021
P8g¢ 4

'riiLf ODifLL TRUST
STATEhIEP4T OF filNANCIAL ACTtVlTJEI S
riOR TIIE YEAR NDEI D 31 MARCH 2021
2021
2020
Total fvnd5
Unrtstricted
fl￿dS
Re8tricted Total
nds
Not
INCOMf & ENDOWMENTS FROM
[nco￿t from donations and legacies
oth￿ tradEng aclivities
Illveslmellt sjicoinc
Incomijig resources from chgritable Activities
Income froin ch8ritable activities
oiher in¢ome- Gr8nts
6,067
57
32,053
6,067
57
32,0S3
58,834
566
(10,836)
392,451
148,787
392,451
150909
420,486
2,122
Total incoming resources
579,415
2,122
581,537
471.547
RESOURCES EXPENDED
Charitable activitles
Charitable expenditt]re
Other resources expcndcd
390,298
102959
2,122
392,420
102.959
344.870
Total resouree5 expend¢d
493,257
2,122
495,379
421.764
NET INCOMING RESOURCES
86,158
86,158
49.783
RECONCILIATION OF FUNDS
Total funds byought forwArd
444,655
444.655
394,872
TOTAL IfuNDS CARRIED FORWARD
530 813
530,813
444,655
ThE not¢5 forni part of these finattcial slatcmcnts
Page 5

THE ODELL I'RUST
BALANCE,SHEfiT
AT31 MARCH 2021
2021
Reslricted Totsl fullds
fund5
2020
Total fvttds
Unrestricted
rtds
Not
FIXEI D ASSETS
Tangible assets
36,746
12,025
48,771
53,686
CURREN'f ASSEI I'S
Debtors
Invcstment5
Casli at baith and in hand
17,161
353,478
140,694
17,161
353,478
140694
17,709
323,756
75,946
511,333
511J33
417,411
C.REDITOIIS
Amounts falling du¥ within one year
10
(17,266)
(12,025)
(29,291)
(26.442)
NET CURRENf ASSETSI(LIABILITIES)
482 042
390,969
TOTAL ASSETS LESS CURRENT
LIABILITIES
530,813
530,813
444,655
NET ASSETS
530 $13
530,813
FUNDS
Untcstricted ftsnd5
Re5tritted funds
530,813
444.655
TOTAL FUNDS
530813
The notes foiJn part of these flnancial stotements
Page 6
continued...

THE ODLI.L Tllus'r
BALANCE SHEI EIT- CONTINUEI D
AT 31 MARCH 2D21
The charitable company is entitled to ex¢ll]ption from audit under Section 477 of the Companies Act 2006 for the year
end¢d 31 March 2021.
The members have not required the eomp8ny to obiait) an audit of its financial 5tatemertls for thc ye)F ond¢d
31 March 2021 in aecordance with Section 476 of the Coinp3nie5 AGt 2006.
Tbe trustees a¢knowlcdge thcir responsibilities for
en5vriiig th4t the charitable company keeps qCCo￿lIt1￿g record5 thit comply with Sections 386 and 387 of tbe
Co]npanie5 Aci 2006 and
preparing FinaE]Gi81 stalements whicli give a true and fair vjew of the statc of affaiiB of the charilabl¢ company as
al the cnd of each f￿an¢la[ ytar and of its 5urpIu5 or deficit for eacb financial year in accordance with the
Tequir¢mcllls of Sections 394 and 395 and which oth¢iwise comply with the rcouirejnents of the Companies Act
2006 rclatin8 to financial statcments, 80 far as applscable to the charii#ble company.
(b)
These financial Statements havB been prep￿rd in #ccordaoce with the special provi5ioDs of Part IS of the Companics
Act 2006 relating to charitable small ￿MPanieS and with tb¢ f￿an¢1￿1 Reportin8 Standard for Smaller Intities
{effeGtive Janllaiy 2015).
The finallcial statemcnts were approved by the Board of TNstees on 25 Novernber 20218nd were signed on its
behalf by..
Mr5 A Mastus- Chair of Trustees
The note8 foTm part of these finallGial statements
Page 7

THE ODELL TRUST
NOTCI S TO THE f4INAF4C.IAL STATEMENTS
IIOR THE YEAR ENDED 31 MARCH 2021
ACCOUNTll¥G POLIC'IES
Basis of preparing the financial stAtements
'rhe fmanciAI statcmen15 of the charity, whicli is a public benefit entity under l."IIS 102, have becn prepared in
acGordan¢¢ with the Charili¢5 Sory (l*RS 102} 'Aecountillg and Reporting by Cliarities.. Statement of
Reconunended PraLtice applicable to cliaritie5 preparing their accouDts in accordancc with the Fllianctal
Reporting Standard applitablL in the UIC and Rcpublic of Irel8nd (FRS 1021 (¢f(ective I Sanuary 20151, and ibc
Charitics Act 2011. I'he finaiiGifyl $tatcment5 have been prepared under the liistoIic81 tost co￿v¢￿tiO1),
Aceounting eonventio
The finan¢ial statements have been prepared under the htstorical cost conv¢ntion, attd in accordance with the
FADancial Reporting Slandai'd for Stnaller Et)tities (effe¢iive April 2008), the Companic5 Act 2006 and the
requittments of the Statement of RecomTnended Practice, A¢¢ounting and Reporling by Charities.
Incoming I'esoiirces
All inoome is recognised in the State￿ent of Fin8ntial Activities once the tharity has entLtleTnent to thc funds, it
is pix>babl¢ that ihe income will be received and the amount csn be Jne85ured rcliably.
The following 5pecifiG poli£ie$ are applied to particular caiegorie6 of income..
For donations to be reeognised the charity will have been nottfied of the amounts and the settlcment date in
writing. If tli¢r¢ are Conditions a1tr4¢hed lo the donation and tlii5 reqtsires a level of perfomiattce before
entitlement can b¢ obtained then income is deferred until tlios¢ condition5 are fijlly met or the fuifi]m¢nt of tbose
onditions is wiihin the ¢oiitrol of the Gharity and it is probable that thcy will be fi]Ifilled.
tncome from governrncnt Y¢nd other grants are r¢cognised at fair v#lue wben the charity has entitlcment aft¢r
performaD¢e conditions have beeJJ met, it 15 probable that the incoine will be iEceived aTLd the &mouttt can b
measured reliably. If entitlernellt is T)Ot met thell these amounts are defcrred.
Where iDcoming resources have related cxpenditur4 the incojning resour¢¢s gnd related ¢XP¢llditure are
reported gross in the Stattment of Financial A¢tivitcs.
Inv&stEn¢nt incomc is eaTDed through holding assets foi. iThYe5trnent purposes such as bank dq)081t accounts.
Interest income is recognisEd using the ¢ffective intcrcst Jneihod and is rccognised as th¢ ¢harAtls right to
receive pa￿etst is established.
In¢omitsg resource5 fi￿M charitable #ctivities Are accout)ted for when eamed.
No amount 1$ included in tbe fitt&Thcial statem¢nts for volunteer titn¢ in lint witb the SORP (FRS 102)- Further
detail is given in the Tru5te¢s' Ajjnual Report.
Resources expended
Liabilities are recogtiised as expendih)r¢ As soon as theK 15 a leg21 or construotive obliBrttion committing the
chai'ity to th&t expcnditurc, it is probabl¢ that a knT)sfer of econorni¢ benefits will be required in sett]einent and
the amouni of the obligation can be measured ￿lIablY. Lxp¢iiditure is accouotcd for oli an acGro&ls ba518 and has
been classified und￿. he8dillg5 that aggiEgate all cost Tclxtcd lo the category. Where costs cannot be dircctly
attributed to parti¢ulai' headings iliey have been allocllted to activÈtie5 on a basis consistent with the ￿se of
resoui'ces.
Irre¢ovcrablt VAT is charged a5 an expense against th¢ activity for which the expendith]re arosc.
Tallgible fixed assets
Depreoialion is provided at ihc following annu&l r8te5 in order to write off eacli assct over its estiinat¢d useful
life.
FixtUif5 and fittings
Motor vehicles
1S°/0 on rcducing balance
20/0 on r¢ducing balance
Pag¢ 8

THCI ODCI Ll.'fRUST
NOI'LS TO THE FINANCIAL STATEI MENTS- CONTINUEI D
FOR THE YEAR EINDED 31 MARCH 202]
ACCOUNTllYG POJ.ICIES- continue
TayAtion
The charity is ¢xempt from coipoiztion tax on ils charitable activitics.
I￿1 aecounting
Unlrstricied fvnds tan be used in aceordanc¢ wilh the charitabl¢ objectives at th¢ di%retion of the tswst¢¢s.
Restricted fijnds ¢an only be used for particular restricted piirposes within the obje¢t5 of the charity- Re5triction8
arise when Sp￿lfied by the donoT oi. whert are raised for particular restricted purpose5.
Further explaoation of the nature and p￿rpOSe of eaoh fvnd is irt¢luded in the notes to the financial statements.
Hire purehhse and leasing c4)mmiÉtnents
Ren(als paid under operating lea5¢s are thaiged to the Statement of Financial Activities on a straight line basis
over the period of the lease.
PensTOll eosts and other post-retirement beRefits
The charitable ¢ompat)y Operates a defined contribution pension schetne. Colltributiolls pgygble to th¢
chsrituble company's pension schem¢ ar¢ charged to the Statenjent of Financtal Aetivities in the period to whAch
th¥y rel&te.
Financial reporting standard 102- reduced disc105ure exemptiona
The charKty has t&ket) advantage of ihe following discloslli'e exejnption in preparing these finan¢ial stat¢m¢ttt&
&$ permitted by FRS 102 The Financial R￿OrtillE Stsndard applicable in the UK and Republic of ITeland':
- the r¢quiremmts of Section 7 Statement of Cash Flow5.
INCOME FROM OTHER TRADINC
AC'TIVII'TES
2021
2020
O(kll gener&ted illcome
57
566
INVESTMENT INCOME
2021
2020
Dep051t account interest
Cuff asset inv income
493
31,560
536
72
32,053
10,836
NET INCOMINCI(OUTGOING) SOtIRCES
Net resources are stated after Cliargin￿{QredltlDg)'.
2021
2020
Depreciation- owned essets
Hirc of plarLt and Inachinay
Other peosion costs
9,300
2,695
10,342
Pag¢ 9

THE ODELL TRUST
NO'fEI S TO'fHE FINANCIAJ. STATEI MEwfs_ COTrlTINUED
r4OR I"HC YEAR ENDEI D 31 MARCH 2021
TRUSTEES, REMUNERATION AND BKNEFITS
There wei'e no trustets, remuneration or other benefits for Ihe year ended 31 Marth 2021 nor for the year cnded
31 March 2020.
Ti'ustees, expenses
There were no trLJslees' expense5 PAid for the year endd 31 March 2021 ttor foi the yeai. eoded 31 Ma￿h 2020.
STAFF COSTS
2021
2020
Wages and $aldries
Social security cost5
oth￿ pension costs
320,062
19,183
270,739
19,398
4.704
li
344,945
294,841
The average monthly numbcr of employ¢cs during the year was #s follows=
2021
16
2020
13
Day Centt"e
Administration
19
17
No employees received emoluments in ex¢css of £60,000.
TANGIBLE FIXEI D ASSEI'S
FixbJr¢s and
rittiJig5
Motor
vthiclc5
Totals
COST
At l April 2020
Addition5
61,302
4.385
23,374
84,676
4,385
At3l Maith 2021
89,061
DFPRF.CIAI"ION
At l April 2020
Charg¢ foi ye)r
19,413
6,941
11,577
2.359
30,990
At 31 Nlarch 2021
26.354
40.290
NET BOOK VALUL
At 31 Marcli 2021
39,333
9,438
48,771
At 31 March 2020
41,889
53,686
Page 10

THE ODELL TRUST
NOTfi I'O THE fENANCIAL STATEI MENTS- CONTINUED
FOR THE YEARENDKD 31 MARC.H2021
DEBfoRS: AMOUNTS fiALLJiYG DUK WITIllN ONE YEAR
2021
1020
TIade debtors
PiepayiT)ents
9,801
7,360
10,766
6.943
CURIIENT ASSEI T INVFSTMEN'rs
2021
2020
Investment aocouDts
353 478
323 756
io.
CRF,DITORS: AMOUNTS FALLING DUE wfnuN ONE YEAR
2021
2020
Tradc credÈtors
Social SLcurity aDd otlier tax¢s
Other GTeditors
AcGNa￿S and d¢f¢tred income
Accrued exp￿$¢$
8,618
5,722
4,831
731
19,133
1,236
13,691
29,291
26,442
MOVEI MENT IN FUNDS
Net movement
Transfers
in fi]nds between funds
At 1.4.20
At31.3.21
Unrt5trieÉed funds
Gencral fimd
Designated fund
38,236
406419
86.158
(81,7361
81,736
42.658
488.155
444,655
86,158
530,813
TOTAL FUNDS
444 655
86,158
530,813
Page 11

THJ£ ODELL TRUST
NOTES TO TIIE FINANCIAI., STATEMII NTS- cof4TINUED
FOR THE YF,AR ENDED 31 MARCH 2021
Ji.
MOVEMENT IN fiUNDS- conlxnlled
Net movement in funds, included in th¢ abovc are as follows:
Incoming
re50urce5
Resources
expetsdcd
Movement in
funds
Unresti-icted funds
Gejjeral fund
579,415
(493,257)
86,158
Restricted funds
Ev¥son Charitable Trust
Loll¢ry IT Grant
867
(867)
2,122
{2,122)
TOTAL FUNDS
581 $37
495 379)
Comp#i'2tives for movemeiit sn funds
Net movetnent
Tr8ttsfers
in funds between fund5
At 1.4.19
At31.3.20
Uurestricted fiund5
G¢neLpI furtd
Dcsi8nated ￿t)d
137,471
257,401
49,783
(149,0181
149018
38,236
406419
394,872
49,783
444,655
TOTAL FUNDS
394 872
Comparativ¢ net Lnovement itj ￿nds. included in the 8lx)ve are as follows..
Incomin8
re8ources
Resources
xp¢nded
Movemcll¢ in
fiu)d5
Ilnresti'icted fund$
GeiierJl fund
469,050
(4192671
49,783
Resti'icted fuDds
Evesoll ChaTilable Tnjst
Lottery IT Giant
5,020
1,477
(1.020)
1.477
2,497
(2,497)
TOTAL FUNDS
471547
4217641
Page 12

THE ODfi LL TRUST
NOTES TO THE filNANCIAL VAI'EMEI NTS. C.ONTJNUED
FOR'fHE YEAR LI NDEI D 31 MARCH 2021
MOVEMENT IN FUNDS - Continued
A GuIrcJJt year 12 months and prior yezr 12 months combined positiott is as follows:
Net movement
Trnnsfeis
in funds between fullds
At 1.4.19
At 31.3.21
Uni'estricted funds
Genei'al fund
Designated fi]rtd
137,471
135,941
(230,754)
230,754
42,658
488 155
11
TOTAL FIINDS
394.872
530 813
A cunent ytsr12 motsths Ènd prior yc&r 12 month5 ¢ombined iiet Enovenicnt in fund% included in the abov¢ UL
as follows..
IncomiDg
resources
Resources
expended
Movement in
fund5
U*restricted funds
General fund
1,048,465
(912,524)
135,941
Restt'icted fund$
Eve50n Cbarilabl¢ Tnjst
Lottery IT CTrant
1,887
11,887)
TOTAL FUNDS
1053 084
917,143)
I'rAll5fers behveeR funds
Dcsignated funds arc sct at nine months nintting cosls plus an allow&nce for redundancy pay #nd other G105ur¢
liabilitse5 among otlier diings. The￿¢ have been illGreased to £488.155 from £406,419 in the previi)us year.
12.
DEFERRED INCOME
Deferred intome is the balattce of th¢ Eveson ¢h8rit8ble tNst grant, and Lottery thnd2ng for IT quipment,
which are both beiug reltastd as incotne at the 58]ne Kate as the aEsels they were intended for- 15 /0 reduLin8
balance.
Pag¢ 13

THE ()I)EL LL TRUST
DETAILED STATEMENT OF FINANCIAL AC.TIVITILI S
FOR THC YEAR EINDLID 31 MARCII 2021
2021
2020
INCOMING REI SOURCEI S
Income from Ilonations and leg*¢ie5
Donatiotts
6.067
58,834
Income IroRn othei. tridirtg 8ctivities
Odell generated income
57
566
Inveslment intome
Deposit account intthest
CuiT as8et Inv income
493
31.560
536
11,372
32,053
110,8361
Ineomiiig i'esource5 from charitable activities
AtteiidaDCC income
Grants
392,451
150,909
420.486
543,360
422.983
Totfil incomlng resollTce5
581,537
471,547
RESOURCES EI XPENDED
Charitable aetivitie5
Wages
Social security
Pensions
Food aDd cojisuinables
Trip5. Qutings, activities
Minibu5 nJ]Jning costs
320,062
19,183
5,700
9.682
31.738
270,739
19,398
4,704
18,232
25.726
392.421
344,870
Support cost$
Management
Rent, rat&% and water
Insurortce
Light and heat
Telephc)ne
AdV￿lis]ng
General and o￿lte expeThs¢s
RcpaiiE and ieDtwals
HR, DBS and T￿ruitment costs
FixtUTes Snd fitt5ng5
Motor vehicle5
12,781
2,928
3,874
4,166
386
16,970
19,555
2,271
4,145
3.692
1,677
10,516
14,552
7,556
7.392
4,900
6,941
96,578
74.305
This page does Dot forjn parl oftlie slatutoiy finarttial stat¢m¢nls
Pagc 14

THE ODELI, TRUST
DL'fAILEÉD STAT￿ MLfNT or r4 INANCIAL ACTIVITIEI S
FOR THE YEAR fiiyI)F.D 31 MARCH 2021
2021
2020
FinMne¢
Investments SCTvice Gharges
Baiik GharB¢
2,331
?0
339
60
2,401
399
Other
A¢coiintan¢y and l¢gal fees
1,284
Total resolli'ces expended
495,379
421,761
Net income
86,158
Tliis page docs ntst forni part of the 51anilory fiNnci81 stateTnent5
Pa8c 15