CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustsesl members of R.A P. llALToN rtPPAfvT7c6S <AVST 31':rf*FAcy 2011 On accounts for the year ended Charlty no (rf any) 1171333 Set out on pages Respectlve The charivs trustees are responsible for the preparation of the accwnts in responslbilities of arKordanc8 the Charrties Act 2011 fthe ACVI. tru8teos and èxaminer The charivs tNstees consid8r that an audlt is not required for this year under sedion 144 of the Act and that an indeperKlent examination is needed. It Is my responsibility to: examine the accounts under sectlon 145 of the Charities Act, to follow the applicable Directions given by the Charity Commission {under section 145{5)(b) of the Act, and to state whether parb'cukar matters have come to my attention. Basls of Independent My examination was carried out in arxordance with general Directions glven oxaminerfs statemont by the Charity Commission. An examination includes a review of the accounting records kept by the chaiity arKI a comparison of the accounts presented vAth those records. It also includes conslderation of any unusual itèms or disdosures in the accounts. and seeking explanations from the trustees conceming any such matters. The prccedures undertaken do not provide all the evidence that Uld be wuired in an audit and corFsequentiy no opinion is given as to whether the acuntS present a 'tme and fair, Mew and the report is limiied to those matters set out in the statement below. IER May 2018
Independent In connection with my examination. no material matters have come to my examinerfs statement attention that in, any material respec(: ich gives me (ause to believe the aC)Unting records Ere not kept in accordance section 130 of the Acl,. or the accounts did nol accord with the accounting records" or the accounts dKI not comply wtlh the applicable requirements concemirg the fomi and content of accounts set out in the Charities (Accounts and R&pCts) Regulations 2008 other than any requirement that the accounts gNe a Irue and fairf wew which is not 8 matter considered as wt of an independent examination. I have no con(xns and have come a(Yoss no oih8r matters in connection with the exarnination to ¥*hich attention should be drabvn in this rewt in order to 8nable a proper understanding of the accounts lo bè reached. ' Please delete the wo n Ihe brackets if they do nol 8ppIy. Signod: Date: 27-or- 2oZi Namfy: Relevant professional qualrfication(s) or body (If any): brtj C,'LcA 4L Address: ucJlJ h/1 èL Section B Disclosure Only complete rf the examiner needs to highlight matters of concem {see CC32, Independent examination of charlty aco)unts: directions and gLSidanc8 for examiners). IER May 2018
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Charity Name No (if any)
RAF Halton Apprentices' Trust 1172333
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 1st April 2020 31st March 2021
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
General Donations - - - 172
Bequests/Legacies - - -
Halton Apprentices Assn - - - 37,000
Bank Interest 2 - - 2 22
- - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) 2 - - 2 37,194
A2 Asset and investment sales,
(see table).
Wealthtime Portfolio Drawdowns 39,000 - - 39,000 10,000
- - - - -
Sub total 39,000 - - 39,000 10,000
Total receipts 39,002 - - 39,002 47,194
A3 Payments
Arkwright Bursary Awards 6,600 - - 6,600 6,600
Legacy Funding 11,214 - - 11,214 6,445
Trustee Expenses - - -
Stationery/Postage/Telephone Costs - - - 7
Website Costs 382 - - 382 497
Governance 138 - - 138 30
AGM Costs - - -
Halton Grove at the NMA 25,000 25,000
Sub total 43,334 - - 43,334 13,579
A4 Asset and investment
purchases, (see table)
Wealthtime GIA 13689 Investment - - - 37,000
- - -
Sub total 43,334 - - 43,334 37,000
Total payments 43,334 - - 43,334 50,579
Net of receipts/(payments) - 4,332 - - - 4,332 - 3,385
A5 Transfers between funds - - -
A6 Cash funds last year end - - 9,212
Cash funds this year end 1,495 - - 1,495 5,827
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CCXX R1 accounts (SS)
01/06/2021
1
Section B Statement of assets and liabilities at the end of the period Unrestricted funds Restricted funds to n•8WPSt £ Endowment funds to 81 C48h funds 11JO 1.395 Total cash funds Endowmènt funds to £ lunds lundg to fwr••tt Dètsii8 Fund to**lch Detsils Ct•¢ lo90ri Curr4rtv•lu• on•1 B3 Inve8tmént a88•ts UDN¥tsict•d 9S,821 4,972 Pj to whkh Detall¥ Curront valu• tbn•l B4 A88•ts retaln•d for th• charity's own u8• Detsrls FwKlto whbch AmotsntdL Wh•Tr duo onal B5 Llabllltl•8 Signgd by one or trLEt885 on behaff of al the trustBes SvJnaiur8 Print Name Date of 2? CCXX R2 a¢ct•Lmts ISSI 2710512021
Trustees. Annual Report for the period Period start date 01 PericMJ end date 31 03 2020 From 2021 Section A Reference and administration details Charity namo Royal r For Halton Appntice5, Trust Other names charity Is known by Registered Charity number Ilf any) 1172333 Charfty's prlnclpal address Royal Air Force Halton ApprentIs, Trust 1 Pipit Gardens, Watenread Aylesbury. Buckinghamshire Postcod• HP19 OGF Names of the charity trustees who manage the charlty TnMts• nam• Dates acted 11 not forwhol• Office Vl aryl Nam• of person lor body) èntftled int tru8t•è ifan Denis O'Brien Anthony Whrttaker Leslie Shardlow Noreen Shardlow Barrie Morris Anthony Keeling Chaiman TaSurer Secretary Treasury Team STEM Trustee STEM Trustee Until 12th May 2020 10 12 13 14 15 16 17 18 19 20 Names of the trustees for the Gharity, if any. {fr>r example. any custodian trustees) Name Datos acted rf not for whole TAR Mar( 2012
Names and addresses of advisers Ioptional inforniatlon) of adviser Name Address Namo of chlef executive or names of senlor stsff members (Optional infomiatlon) Section B Structure, overnance and mana ement Descriptlon of the charlty's trusts Constitution, Trust Deed Typ8 of gov8ming document How the charity is constituted Trust Trustee selection methcmjs The fourKling Trustees. will hokl office, rf elected, for three years. Addltlonal govemanco Issuos Ioptlonal InfornonI You may chooso to include additional information, where relevant, about.. policies and procedures adopted for the induction and training of trustees. the charity's organisational strudure and any wider network with which the charrty works; relationship with any related parties., trustees. consideration of major risks and the system and prOdureS to manage them. TAR Marth 2012
Section C Ob"ectives and activities To advance the education of young people for the public benefft in particular but not exdusively by making grants and awards to students in full-time education and by providing advi and information. Summary of the objects of the charity set out in its governing document To promote the history of the Royal Mr For Apwentices (1920 - 1993) for the public benefrt in particular but not exclusiv8ly by providing grants and infomiation and by raising awareness. Summary of the main actlvltle$ undertaken for th• publi¢ benefit in relatFon to these objects (include withln thls section the statutory declaration that trustees havo had regard to the guidanca Issu8d by the Charity Commission on publlc bonefit) Additional details of obie¢tivg$ and activities (Optional Inforniatlon) TAR March 2012
You may choose to include further statements, where relevant, about.. policy on grantmaking.. policy programme related investment., contribution made by volunteers. TAR Marth 2012
Section D Achievements and performance 'Desprte the impad of COVID measures it was important to continue to support our Scholars, arKI make up for missed potential opportunities,. Summary of the maln achievements of the charity during the year TAR March 2012
Section E Financial review Brief sLitsment of the charity's policy on reserves The founding Trustees chose to maintsin a level of liquidity within the main day to day bank account and transfer the remaining monies to a deposrt account to, at least, benefft from quarterly savings interest gross income for the time beirvJ. Detalls of any funds materially in deficit Further financial rnvlew detslls (Opdonal lrfomiatlon) The OPPOrtunty to re1ve income from the managed portfolio to enable the awarding of Bursaries throughout the financial year. The receipt of donations and legacies may arrive from time to time to enhan the Bursary awards and the Trust's reserves. You may Choo to indude additional infomiation. where relevant about". the charity's principal SoUrS of furKJs (including any fundraising)., how expenditure has supported the key obiectNes of the charity,. investment policy and objectives including any ethical investrnent policy adopted. No tangible assets are held and managed by the Trust nor indeed ar8 there any Membership Subscription incomes. The discretionary managed portfolio is at Level 4 risk on the fiscal scale. Periodical dialog is held with the Ttust's Financial Management Company to review the portfolio constituent's and past index performance. Section F Other optional information As the Trust has no membership paying a subscription there is no requirement to register for 'Gift Aid,. Section G Declaration The trustees declarn that they have approvad the trustees. report above. Slgned on behalf of the charity's trustee8 Slgnaturels) Full name(s) Posltlon (eg Secretary. Chalr. etc) Dat• TAR Marth 2012