## **Trustees’ Annual Report for the period**
_**From:**_ **6[th] April 2023** To: **5[th] April 2024**
Charity name: **Peter Woodman Charitable Trust**
Charity registration number: **1172473**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The prevention or relief of poverty or
financial hardship anywhere in the
world by providing or assisting in the
provision of education, training,
healthcare projects and all the
necessary support designed to enable
individuals to generate a sustainable
income and be self-sufficient and
To help young people, especially but
not exclusively through leisure time
activities, so as to develop their
capabilities that they may grow to full
maturity as individuals and members of
society.|
|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|Largely support of projects, charities,
NGOs and individuals in Kenya and
Uganda|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees have had due regard to the
guidance issued by the Charity
Commission on public benefit|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference|
|---|---|
|Policy on grant making|Para 1.38|
|Policy on social investment|Para 1.38|
|including program related||
|investment||
|Contribution made by|Para 1.38|
|volunteers||
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 met its stated aims and was
able to support a number of projects and
individuals in Kenya and Uganda.
Hands for Hope Uganda
ugandahandsforhope.org supports the most
vulnerable community in Namuwongo in the
suburbs of Kampala
Child Rescue Kenya supports youth
development around Kitale area in Kenya
Child Rescue Kenya–
Jacob Oratiang'a was supported to open an
internet café in Eldoret
David Limo was supported to allow him to
finish his last two years of high school in
Kitale, Kenya|
**Additional information (optional)** You may choose to include further statements where relevant about:
||||
|---|---|---|
|Achievements against
objectives set|Para 1.41||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|After market losses in the financial year
2022-23 market gains in 2023-24 allowed a
healthy growth of charity funds|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|There is no active fund raising for this
charity. Initial funds were generated
through payroll giving over a number of
years. Investment of reserves now
generate the growth to maintain continual
giving of grants|
|Amount of reserves held|Para 1.22|£277,391|
|Reasons for holding zero
reserves|Para 1.22|N/A|
|Details of fund materially in
deficit|Para 1.24|N/A|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|None|
**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|Return on investments in index funds and
returns through bonds invested in Energise
Africa|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|To generate sufficient returns to allow
continual support of projects without the
need for active fund raising|
|A description of the principal
risks facing the charity|Para 1.46|As most reserves and funds are invested
through index funds in the stock market,
they are subject to gains and losses in
these markets|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|Trust Deed|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Trust|
|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|Appointed by existing trustees|
## **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||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Peter Woodman Charitable Trust|
|---|---|
|Other name the charity uses||
|Registered charity number|1172473|
|Charity’s principal address|5 St. Raphael Road,
Worthing
West Sussex
BN11 5HL|
**Names of the charity trustees who manage the charity**
|1
2
3
4|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Peter Woodman|Chairman|||
||Malcolm Peppiatt||||
||Erin Bird||||
||||||
– 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 N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|**Type of**
**adviser**
**Name**
**Address**|
|---|---|---|
|None|||
|**Name of chief executive or names of senior staff members (Optional information)**|||
|N/A|||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
N/A
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**
**Full name(s)** Peter Woodman ~~a~~ **Position (eg Secretary,** Chairman **Chair, etc)** ~~ee~~ **Date** 29th October 2024 ~~|~~
## **Peter Woodman Charitable Trust Registered Charity No. 1172473**
## **Accounts for the year ended April 5[th] 2024**
## **INCOME**
Donations received Energise Africa Bond Profit Profit on investments **Total income**
## **EXPENDITURE**
Child Rescue Kenya LIFT / Hands for Hope Jacob Oratiang'a David Limo - school fees Interactive Investor charges Auditor expenses **Total costs**
## **SURPLUS FOR THE YEAR**
Surplus brought forward 2022-2023
Represented by:
Cash at bank Energise Africa Bond Investments in Interactive Investor **Total Balance**
## **SURPLUS CARRIED FORWARD 2023-2024**
## **Represented by:**
Cash at bank Energise Africa Bond
Investments in Interactive Investor
Total Balance
£ - £ 780 £ 42,400 **£ 43,180** £ 5,051 £ 4,500 £ 3,209 £ 1,141 £ 134 £ 100 **£ 14,135 £ 29,045 £ 248,346** £ 117 £ 10,840 £ 237,389 **£ 248,346 £ 277,391** £ 132 £ 11,620
265,639
277,391
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
|**Report to the trustees/**
**members of**|Peter Woodman Charitable Trust|||
|---|---|---|---|
|||||
|**On accounts for the year**|5thApril 2024|**Charity no**|1172473|
|**ended**||**(if any)**||
|||||
|**Set out on pages**||||
||I report to the trustees on my examination of the accounts of the above|||
||charity (“the Trust”) for the year ended 5thApril 2023|||
|**Responsibilities and**|As the charity's trustees, you are responsible for the preparation of the|||
|**basis of report**|accounts in accordance with the requirements of the Charities Act 2011|||
||(“the Act”).|||
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
|**Signed:**|Lisa La Roche|**Date:**|26/10/2024|
|---|---|---|---|
|||||
|**Name:**|Lisa La Roche|||
|||||
|**Relevant professional**||||
|**qualification(s) or body**||||
|**(if any):**||||
|||||
|**Address:**|41 Long Meadow|||
||Launceston|||
||PL15 7FZ|||
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .