## **Milford on Sea Charitable Trust (MoSCT) Annual Report for 2020** (Reg Charity no 1172750) The MoSCT was established in January 2017 to serve as an umbrella charity for voluntary community organisations in Milford on Sea, Keyhaven and Everton. The members of the charity belong to the **Milford on Sea Community Panel** , a networking group of individuals who represent a range of local voluntary organisations. The aim is twofold: To support existing groups To support new projects which benefit people living in the parish of Milford on Sea. During its first year, the charity took in two existing groups: The Milford on Sea Dementia Action Group Milford on Sea Befrienders The charity provides a bank account, insurance, DBS checks for volunteers, and general advice. In 2018 it supported one new project being developed in the parish. This is an initiative to provide the villages with a minibus. All of these above projects were paused in 2020 because of the Covid-19 pandemic. During 2020 the trust set up a Mutual Aid Group to provide support for those needing help with shopping, collecting prescriptions, or just contact during the Covid Pandemic. A group of 160 volunteers provided the village with tremendous support that was formally recognised by Milford on Sea Parish Council. At the end of 2020 the trust took on support of the Xmas lights project which aims to illuminate Milford during the Xmas period. Most spending of the Charitable Trust is project based and so broadly matches income streams. Central overheads are low so the temporary cessation of many activities during the Covid-19 pandemic only had a small effect on the financial situation and reserves are actually slightly above pre-Pandemic levels. Unrestricted funds are sufficient for at least 12 months of normal activity. The Charity is registered for gift aid. When an individual makes a donation, they can make it directly to the group or project they wish to support, or can donate to the charity itself. Any general funds that are donated will be allocated to new or existing projects. Any Milford on Sea voluntary organisation whose members think they could benefit from coming under the umbrella can join the Community Panel. Existing members, and any new members of the Panel are eligible to be members of the charity, which is administered by its Trustees. The panel meetings are the main forum for monitoring existing projects, and discussing new projects and ideas, and how they might be introduced and managed. Chair, Jenny Whitley. September 2021 **----- Start of picture text -----**
Milford on sea Charitable Trust 1172750
Receipts and payments accounts CC16a
For the period from 1/1/2020 To 12/31/2020
Section A Receipts and payments
Unrestricted funds Restricted funds Endowment funds Total funds Last year
A1 Receipts to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
Donations 62 2,882 - 2,944 9,413
Events - - 8,667
Gift Aid - 5 - 5 -
Grants 500 - 500 1,500
interest received 168 - - 168 -
other - 218 - 218 -
- - - - -
- - - - -
Sub total (Gross income for AR) 230 3,605 - 3,835 19,580
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 230 3,605 - 3,835 19,580
A3 Payments Events - - - 3,137
Admin 303 1,023 - 1,326 565
Publicity 200 - - 200 160
DBS - - - 21
Activities - 552 - 552 2,646
Insurance 277 - - 277 179
Other - - - - 600
- - - - -
- - - - -
Sub total [ 780 ] 1,575 - 2,355 7,308
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 780 1,575 - 2,355 7,308
Net of receipts/(payments) - 550 2,030 - 1,480 12,272
A5 Transfers between funds - - - - -
A6 Cash funds last year end 4,689 32,494 - 37,183 24,911
Cash funds this year end 4,139 34,524 - 38,663 37,183
Section B Statement of assets and liabilities at the end of the period
Unrestricted Restricted Endowment
Categories Details funds funds funds
to nearest £ to nearest £ to nearest £
B1 Cash funds 4,139 34,524 -
- - -
- - -
Total cash funds 4,139 34,524 -
(agree balances with receipts and payments
account(s)) OK OK OK
Unrestricted Restricted Endowment
funds funds funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets - - -
- - -
- - -
- - -
- - -
- - -
Details Fund to which asset belongs Cost (optional) Current value (optional)
B3 Investment assets - -
- -
- -
- -
- -
Details Fund to which asset belongs Cost (optional) Current value (optional)
B4 Assets retained for the - -
charity’s own use - -
- -
- -
- -
- -
- -
- -
- -
Details liability relatesFund to which Amount due (optional) When due (optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on behalf of all the trustees Signature Print Name approvalDate of
J D Whitley 9/28/2021
J A Whitley 9/28/2021
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