THE RAY COLLINS CHARITABLE TRUST Registered Charity 1173358 THE ANNUAL REPORT OF TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 Registered Charity 1173358 CONTE￿[5 Chairman's Statement Trustee Declaration Reference and Administrative Details Strurture, Governance and Management ObjectNes and ActNities Strategic report including Achievements and perfomiance Financial review Plans for future periods Principal risks and uncertainties Statement of Finanaal Aciivities Balance Sheet Statement of Cash Flows Notes to the Financial Statements Registered Charity 1173358 Chaim￿￿'S Ststement This is the seventh annual report of The Ray Collins Charitable Trust. After the difficulties of 2020 and 2021 as a ￿$vIt of the Covid 19 pandemic, we had expected that 2022 would see a return to relative norniality. To a certain extent. this did happen with the return of the Carnival and the running of the St. Georges Day Market and Food and Drink Festival a5 fundraising artivities. We were also able to run the Christmas Day and Easter dinners for elderly ond vulnerable and organise summer day trips for local families. However. the energy crisis in 2022 had a big impoct on many Wantage & Grove residents. In conjunction with Vèle Community Impact. theTrust launched the Wantage & Grove Energy Support fund which offered ener8y vouchers of £2(K) to vulnerable local families. In the past year, we have raised over £57.(￿1 in cash and cash equivalents. which has been ploughed back into helping those in the local community who need our help. Our mission is to continue this for 2023 and to continue to work to mitl8ate the impart of the cost of living crisis as much as possible. Net income over expenditure for 2022 was-£8.12412021:457). As always. we owe a huge debt of gratitude to all the volunteers and management group for helping us in the work that we do. We also owe a hu8e debt of gratitude to those who contribute financially, from donations through our websf(e {raycollinstrust.or81, and the many contributions by individuals. local businesses and councils which allow us to continue to make such a huge difference in our wonderful community. Ray Collins Chairman RegiSte￿d Charity 1173358 Declaration The Report was approved by the trustees on 13 December 2023 Signed on behalf of the tharitys trustees Signature Full Name P051tion Date Re8lstered Charity 1173358 Referen￿ and Administrative Details Trustees Ray Collins IChairn)anl Melanie Breakspear Isecretsry) Kathleen Mccomiack (Treasurer) Philip Tynan Robert Huffna8le Robin Bolton Shaun Galloway Tanja Salter (appointed 15 March 2023) Teresa Burns (appointed 15 March 20231 Lisa Smith (appointed 15 March 20231 Principal Office.. 88. Springfield Road, Wantage OX12 8EZ Registered Charity 1173358 Structure Governance and Management The Trustees present their report for year ended 31 De￿mber 2022. The T￿￿ee5 report and financial statements have been prepared in accordan￿ with the Trusys governing documents and the Statement of Recommended Prottice for Charities {FRS 102). Legal Sta￿s The trust is a Charitable Incorporated Organisation ICIOI and is regulated by its constttution. The CIO wès re8iStered as a charity on 12 June 2017 with the regtstration number 1173358. Trustees Trustees are appointed by the Members after taking into account the recommendations of the current Trustees. The ap￿IntMentS seek to ensure that the board of Trustees has a wide range of skills and experience. None of the members or Trustees has ￿Ceived any payments durin8 the yeor. New Trustees are Eiven a full briefing on the workings of the Trust. The Trustees who served during the year are: Ray Collins Philip Tynan Kathleen Mccormack Melanie Breakspear Robert Huffnagle Robin Bolton Shaun Galloway Organisational 5trurture The Trustees meet regularly to manage the Trusvs affairs. Their primary focus is ensuring that the aims and objertive5 are met. Applications for aid a￿ considered by the Trustees and a vote taken asto whether the aid should be provided. In the event of a Trustee having an interest in a proFosal for old. such interest is declared and the Trustee takes no part in the decision process for the approval of the aid. Registered Charity 1173358 Oblertives and Activities The objective and f(KUS of the Trust is to provide a public benefft for the relief of poverty for the elderly. sick, disabled. injured and disadvantaged people of Wantage and surrounding villages within a five mile radius of Wantage. Relief 15 provided in the fomi of Christmas and Easter Dinners. food hampers, Easter E88s, day trips, provision of household appliances or furnishings, providing funds for the purchase of emergency. medical or necessary equipment or servios. Strategic revtew Achievements arKI perfomwnce Review of Charitable actlvities l. Energy Support Fund created which provided £30.(lJ) in vouchers to help local families wrth the increased energy costs as a result of the Ene￿ Crisis. These fund5 were donated by local indNiduals and organisations and the fund distribution was managed by Vale Community Impatt. 2. A number of local families were helped directty by providing white goods such as cooker5 and fridges in Situations where the family could not offord to replace failed items. The trust paid for a number of other items such as safety bed for a young child wtth autysm. In total, £11.825 was spent on these items. 3. The Trust or8anised dinners at Easter and Christmas for local vulnerable and elderly residents while 60 people enjoyed a special Jubilee Afternoon Tea on Coronation weekend. In addition, day trips were otganised to the Cotswold Wildlife Park and Southsea to ensu￿ that local families had a summer activity- Ten families went to the Cotswold Wildlife Park while twefve families. including 33 children, had a day at the seaside in Southsea for the day. 4. With funding provided by local individuals and organi5ations, the Trust purchased hamper items for 150 hampers which were distributed in the local area. At Easter. the charity provided over S(K) Easter eggs for 97 local families and 50 over elderly persons over 65. 5. A number of trust volunteers provided marshalling duties for Flu and Covid vaccination clinics run by the local health centre. 6. Total cost of charitable actrvrties in 2022 was £56.431, compared to £73.596 in 2021. The cost for 2022 15 lower than that of 2021 as expected, with 54% of this bein8 the cost of the energy support fund. 7. The Trust held the annual CamNal in Jun with a large St. George's Day Market in April and the Food and Drink Festival in September as fundraising events. Additional funds for the provision of services were provided by local parish and town counclls, trusts and individuals. Funds and donations of goods was £57.576 in 20221£84.356 in 20211. 8. The Trustees have considered the guidance issued by the Charity Cornmission on public benefit in deciding its objectives and activities. RegiSte￿d Charity 1173358 Statemerf of Hnandal Artlvltles 2022 2021 Unfestricted Restricted Total funds fund5 fvnds UnrestTiCted Restricted Totsl funds funds funds Income and Endowments from: Donations and le8acies Charitable activities Other tTading activities Investments 31.344 4,050 35.394 S9￿03 16.650 76,453 22.181 22.181 7.￿13 7,903 Other Total 53525 57575 67,706 16,650 84A56 Expendlture on: Raising funds Charitable activities 9.268 52.381 9.268 56,431 IOA17 57.577 10,817 73,596 4.OSO 16,019 Other Totsl 61.649 4.050 65h99 I6￿19 84h13 Net gainslllossesl on investments Net I￿Ome/(eXPend5tUrt 4.124 4,124 631 -57 Transfers between funds Other recognised gainslllossesl= Gainslllossesl on revaluatlon of fixed assets Actuarfal gainslllos5esl on defined pension scheme5 Other 8ainslllosse51 Net movement In funds 4.124 4,124 631 -57 Registered Charity 1173358 Balance Sheet 2022 2021 Fixed assets Tangible assets Current Assets Stocks Debtors Cash at bank and in hand 24.933 33.237 24.933 33.237 Liabilities Creditors-amounts falling due within I year 240 420 240 420 Totsl net assets or Ilabllitles 24.693 32.817 The funds of the charity Restrirted funds Unrestricted fund5 2.079 22,614 2,710 30.107 24,693 32,817 Registered Charity 1173358 io Statement of cash ftows 2022 2021 Cash flows from operating activities hlet cosh providedby (used in) opernting octivities Cash Ilows from investing activities Dividend5. interest and rents from investments Proceed from the sale of property, plant and equipment Purchase of property, plant and equiprnent Proceeds from Sale of investments Purchase of investment5 P4et cash pmvided by (used inj investlng ortivit Cash flows from financing activitses Repayments of borrowing Cash inflows from new borrowing Receipt of endowment Net ta5h providedby (used injfinoncinq artlvltles Change in cash and cash equNalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Change in cash and cash equivalents due to exchange rate movements Cash and cash equivalents at the end of the reporting period 33,237 33.232 24.933 33.237 Reconciliation of net incomel(expendi￿re) to new cash flow from operating artivities Net income/lexpenditureJfvr the remlnqperiod (a5 perstotement offinanciol artivities) Adjustments for Depreciation charge5 IGainsl/losses on investments Dividends, interest and rents from investments Lossllprofitl on the sale of fixed assets lincreasel/Decrease in stocks lincreasel/Decrease in debtors Increaselldecreasel in creditors Net cash provided by (used inl operating actNitie5 -8.124 -57 62 -8.304 Analysis of cash and cash equlvalents 2021 2021 Cash in hand Notlce deposits (less than 3 months) Overdraft facility repayable on demand Total Cash and cash equlvalents 24.933 33.237 24,933 33,237 Re8lStered Charity 1173358 li Notes to the Flnancial SLitements l. Accounting Pollcles Basis of accounting The financial statements have been prepared under the historical cost convention and in accordance with applicable stsndard5 and the Statement of Recommended Prattice by Charities IFRS1021. Incoming resources Income is brought to account on a receNable basis. Resources expended Expenditure is brought to account on an accruals basis. Charitable artivities Charitable actrvities comprise all the resources applied by the Tft￿ in undertaking its work to meet its charitable objertNes. Grants payable are recognised once a funding decision by the Trustees has been communicated to the recipient. Fixed assets Fixed assets are capitalised at cost. wtth the exception of those which cost £l(Kl or less. These are expensed through the Statement of Financial Attivities. Depreciation Depreciation is calculated so as to write off the cost of an asset. less its estimated residual value, over the useful economic life of that asset as follows". Equipment 25% per annum on cost Gazebo 50% per annum on cost Funds structure Unrestricted income funds Unrestricted income funds represent funds that are expendable at the discretion of the Trustees in furtherance of the objects of the Trust. Restrfrted income fvnds Restricted income funds represent grants and donations made for purposes specified by the grantor or donor. Funds not expended on the specified purpose are carried forward to be expended in future periods. Registered Charlty 1173358 12 2. Actlvltles for Generating Funds 2022 2021 Donatlons Donations-cash Hamper goods Easter eggs Electrical items 35.394 76,453 35,394 76A53 Other trading Carnival Markets Raffles & tombola General Shopping repayment Meals on Wheels Lottery income 10.617 2.980 2.631 6.704 5.074 1,199 22.182 7.903 Totsl S7￿76 84356 3. Charitsble Artivithes: activltles funded by the Tntst 2021 Hampers & Easter Egg costs Local families Laptops for schoo15 Family Daytrips& summer activities Christmas Day dinner Carers, care homes. NHS 7.204 42.325 16.019 20.962 29.913 3,299 2.828 775 3.296 1.725 56A31 73,596 Registered Charity 1173358 13 4. Tangible Fixed Assets None 5. Stock as at 31 Dec 2022 None 6. Debtors: Enil at year end {2021: £nill 7. Credltoys.. amounts falling due within one year: £240 at year end12021: £420) 8. Going Concern: The accounts have been prePa￿d on a going concern basis as only funds held are expended by the charity. RegiSte￿d Charity 1173358 THE RAY COLLINS CHARITABLE TRUST Registered Charity 1173358 THE ANNUAL REPORT OF TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 Registered Charity 1173358 CONTE￿[5 Chairman's Statement Trustee Declaration Reference and Administrative Details Strurture, Governance and Management ObjectNes and ActNities Strategic report including Achievements and perfomiance Financial review Plans for future periods Principal risks and uncertainties Statement of Finanaal Aciivities Balance Sheet Statement of Cash Flows Notes to the Financial Statements Registered Charity 1173358 Chaim￿￿'S Ststement This is the seventh annual report of The Ray Collins Charitable Trust. After the difficulties of 2020 and 2021 as a ￿$vIt of the Covid 19 pandemic, we had expected that 2022 would see a return to relative norniality. To a certain extent. this did happen with the return of the Carnival and the running of the St. Georges Day Market and Food and Drink Festival a5 fundraising artivities. We were also able to run the Christmas Day and Easter dinners for elderly ond vulnerable and organise summer day trips for local families. However. the energy crisis in 2022 had a big impoct on many Wantage & Grove residents. In conjunction with Vèle Community Impact. theTrust launched the Wantage & Grove Energy Support fund which offered ener8y vouchers of £2(K) to vulnerable local families. In the past year, we have raised over £57.(￿1 in cash and cash equivalents. which has been ploughed back into helping those in the local community who need our help. Our mission is to continue this for 2023 and to continue to work to mitl8ate the impart of the cost of living crisis as much as possible. Net income over expenditure for 2022 was-£8.12412021:457). As always. we owe a huge debt of gratitude to all the volunteers and management group for helping us in the work that we do. We also owe a hu8e debt of gratitude to those who contribute financially, from donations through our websf(e {raycollinstrust.or81, and the many contributions by individuals. local businesses and councils which allow us to continue to make such a huge difference in our wonderful community. Ray Collins Chairman RegiSte￿d Charity 1173358 Declaration The Report was approved by the trustees on 13 December 2023 Signed on behalf of the tharitys trustees Signature Full Name P051tion Date Re8lstered Charity 1173358 Referen￿ and Administrative Details Trustees Ray Collins IChairn)anl Melanie Breakspear Isecretsry) Kathleen Mccomiack (Treasurer) Philip Tynan Robert Huffna8le Robin Bolton Shaun Galloway Tanja Salter (appointed 15 March 2023) Teresa Burns (appointed 15 March 20231 Lisa Smith (appointed 15 March 20231 Principal Office.. 88. Springfield Road, Wantage OX12 8EZ Registered Charity 1173358 Structure Governance and Management The Trustees present their report for year ended 31 De￿mber 2022. The T￿￿ee5 report and financial statements have been prepared in accordan￿ with the Trusys governing documents and the Statement of Recommended Prottice for Charities {FRS 102). Legal Sta￿s The trust is a Charitable Incorporated Organisation ICIOI and is regulated by its constttution. The CIO wès re8iStered as a charity on 12 June 2017 with the regtstration number 1173358. Trustees Trustees are appointed by the Members after taking into account the recommendations of the current Trustees. The ap￿IntMentS seek to ensure that the board of Trustees has a wide range of skills and experience. None of the members or Trustees has ￿Ceived any payments durin8 the yeor. New Trustees are Eiven a full briefing on the workings of the Trust. The Trustees who served during the year are: Ray Collins Philip Tynan Kathleen Mccormack Melanie Breakspear Robert Huffnagle Robin Bolton Shaun Galloway Organisational 5trurture The Trustees meet regularly to manage the Trusvs affairs. Their primary focus is ensuring that the aims and objertive5 are met. Applications for aid a￿ considered by the Trustees and a vote taken asto whether the aid should be provided. In the event of a Trustee having an interest in a proFosal for old. such interest is declared and the Trustee takes no part in the decision process for the approval of the aid. Registered Charity 1173358 Oblertives and Activities The objective and f(KUS of the Trust is to provide a public benefft for the relief of poverty for the elderly. sick, disabled. injured and disadvantaged people of Wantage and surrounding villages within a five mile radius of Wantage. Relief 15 provided in the fomi of Christmas and Easter Dinners. food hampers, Easter E88s, day trips, provision of household appliances or furnishings, providing funds for the purchase of emergency. medical or necessary equipment or servios. Strategic revtew Achievements arKI perfomwnce Review of Charitable actlvities l. Energy Support Fund created which provided £30.(lJ) in vouchers to help local families wrth the increased energy costs as a result of the Ene￿ Crisis. These fund5 were donated by local indNiduals and organisations and the fund distribution was managed by Vale Community Impatt. 2. A number of local families were helped directty by providing white goods such as cooker5 and fridges in Situations where the family could not offord to replace failed items. The trust paid for a number of other items such as safety bed for a young child wtth autysm. In total, £11.825 was spent on these items. 3. The Trust or8anised dinners at Easter and Christmas for local vulnerable and elderly residents while 60 people enjoyed a special Jubilee Afternoon Tea on Coronation weekend. In addition, day trips were otganised to the Cotswold Wildlife Park and Southsea to ensu￿ that local families had a summer activity- Ten families went to the Cotswold Wildlife Park while twefve families. including 33 children, had a day at the seaside in Southsea for the day. 4. With funding provided by local individuals and organi5ations, the Trust purchased hamper items for 150 hampers which were distributed in the local area. At Easter. the charity provided over S(K) Easter eggs for 97 local families and 50 over elderly persons over 65. 5. A number of trust volunteers provided marshalling duties for Flu and Covid vaccination clinics run by the local health centre. 6. Total cost of charitable actrvrties in 2022 was £56.431, compared to £73.596 in 2021. The cost for 2022 15 lower than that of 2021 as expected, with 54% of this bein8 the cost of the energy support fund. 7. The Trust held the annual CamNal in Jun with a large St. George's Day Market in April and the Food and Drink Festival in September as fundraising events. Additional funds for the provision of services were provided by local parish and town counclls, trusts and individuals. Funds and donations of goods was £57.576 in 20221£84.356 in 20211. 8. The Trustees have considered the guidance issued by the Charity Cornmission on public benefit in deciding its objectives and activities. RegiSte￿d Charity 1173358 Statemerf of Hnandal Artlvltles 2022 2021 Unfestricted Restricted Total funds fund5 fvnds UnrestTiCted Restricted Totsl funds funds funds Income and Endowments from: Donations and le8acies Charitable activities Other tTading activities Investments 31.344 4,050 35.394 S9￿03 16.650 76,453 22.181 22.181 7.￿13 7,903 Other Total 53525 57575 67,706 16,650 84A56 Expendlture on: Raising funds Charitable activities 9.268 52.381 9.268 56,431 IOA17 57.577 10,817 73,596 4.OSO 16,019 Other Totsl 61.649 4.050 65h99 I6￿19 84h13 Net gainslllossesl on investments Net I￿Ome/(eXPend5tUrt 4.124 4,124 631 -57 Transfers between funds Other recognised gainslllossesl= Gainslllossesl on revaluatlon of fixed assets Actuarfal gainslllos5esl on defined pension scheme5 Other 8ainslllosse51 Net movement In funds 4.124 4,124 631 -57 Registered Charity 1173358 Balance Sheet 2022 2021 Fixed assets Tangible assets Current Assets Stocks Debtors Cash at bank and in hand 24.933 33.237 24.933 33.237 Liabilities Creditors-amounts falling due within I year 240 420 240 420 Totsl net assets or Ilabllitles 24.693 32.817 The funds of the charity Restrirted funds Unrestricted fund5 2.079 22,614 2,710 30.107 24,693 32,817 Registered Charity 1173358 io Statement of cash ftows 2022 2021 Cash flows from operating activities hlet cosh providedby (used in) opernting octivities Cash Ilows from investing activities Dividend5. interest and rents from investments Proceed from the sale of property, plant and equipment Purchase of property, plant and equiprnent Proceeds from Sale of investments Purchase of investment5 P4et cash pmvided by (used inj investlng ortivit Cash flows from financing activitses Repayments of borrowing Cash inflows from new borrowing Receipt of endowment Net ta5h providedby (used injfinoncinq artlvltles Change in cash and cash equNalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Change in cash and cash equivalents due to exchange rate movements Cash and cash equivalents at the end of the reporting period 33,237 33.232 24.933 33.237 Reconciliation of net incomel(expendi￿re) to new cash flow from operating artivities Net income/lexpenditureJfvr the remlnqperiod (a5 perstotement offinanciol artivities) Adjustments for Depreciation charge5 IGainsl/losses on investments Dividends, interest and rents from investments Lossllprofitl on the sale of fixed assets lincreasel/Decrease in stocks lincreasel/Decrease in debtors Increaselldecreasel in creditors Net cash provided by (used inl operating actNitie5 -8.124 -57 62 -8.304 Analysis of cash and cash equlvalents 2021 2021 Cash in hand Notlce deposits (less than 3 months) Overdraft facility repayable on demand Total Cash and cash equlvalents 24.933 33.237 24,933 33,237 Re8lStered Charity 1173358 li Notes to the Flnancial SLitements l. Accounting Pollcles Basis of accounting The financial statements have been prepared under the historical cost convention and in accordance with applicable stsndard5 and the Statement of Recommended Prattice by Charities IFRS1021. Incoming resources Income is brought to account on a receNable basis. Resources expended Expenditure is brought to account on an accruals basis. Charitable artivities Charitable actrvities comprise all the resources applied by the Tft￿ in undertaking its work to meet its charitable objertNes. Grants payable are recognised once a funding decision by the Trustees has been communicated to the recipient. Fixed assets Fixed assets are capitalised at cost. wtth the exception of those which cost £l(Kl or less. These are expensed through the Statement of Financial Attivities. Depreciation Depreciation is calculated so as to write off the cost of an asset. less its estimated residual value, over the useful economic life of that asset as follows". Equipment 25% per annum on cost Gazebo 50% per annum on cost Funds structure Unrestricted income funds Unrestricted income funds represent funds that are expendable at the discretion of the Trustees in furtherance of the objects of the Trust. Restrfrted income fvnds Restricted income funds represent grants and donations made for purposes specified by the grantor or donor. Funds not expended on the specified purpose are carried forward to be expended in future periods. Registered Charlty 1173358 12 2. Actlvltles for Generating Funds 2022 2021 Donatlons Donations-cash Hamper goods Easter eggs Electrical items 35.394 76,453 35,394 76A53 Other trading Carnival Markets Raffles & tombola General Shopping repayment Meals on Wheels Lottery income 10.617 2.980 2.631 6.704 5.074 1,199 22.182 7.903 Totsl S7￿76 84356 3. Charitsble Artivithes: activltles funded by the Tntst 2021 Hampers & Easter Egg costs Local families Laptops for schoo15 Family Daytrips& summer activities Christmas Day dinner Carers, care homes. NHS 7.204 42.325 16.019 20.962 29.913 3,299 2.828 775 3.296 1.725 56A31 73,596 Registered Charity 1173358 13 4. Tangible Fixed Assets None 5. Stock as at 31 Dec 2022 None 6. Debtors: Enil at year end {2021: £nill 7. Credltoys.. amounts falling due within one year: £240 at year end12021: £420) 8. Going Concern: The accounts have been prePa￿d on a going concern basis as only funds held are expended by the charity. RegiSte￿d Charity 1173358 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**|The Ray Collins Charitable Trust| |---|---| ||| ||31 December 2022
**Charity no**
**(if any)**
1173358| ||| ||1 & 2| I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2022. **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 examiner's statement** I have completed my examination. I confirm that no material matters have 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. **Date:** 19/12/23 **Signed: Name:** Dominique Clotworthy FCA **Relevant professional** Fellow Chartered Accountant and member of ICAEW **qualification(s) or body (if any): Address:** Ryecroft, Station Road, West Linton, EH46 7BT **Oct 2018** 1 **IER** ## **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** . No material matters to disclose. **Oct 2018** 2 **IER**