REGISTERED CHARITY NUMBER: 1175614
The Sawday Trust
Trustees’ Report and Unaudited Accounts for the Period Ended 31 December 2020
The Sawday Trust
Contents of the Accounts for the Period Ended 31 December 2020
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Income and Expenditure Accounts | 2 |
| Statement of Assets and Liabilities | 3 |
| Notes to the Accounts | 4 |
The Sawday Trust
Trustees’ Report for the Period Ended 31 December 2020
The trustees present their report with the accounts of the charity for the period ended 31 December 2020.
The Sawday Trust is a charitable incorporated trust, created by deed on 3 October 2017 and registered as a charity on 8 November 2017.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1175614
Principal office
Alastair Sawday Publishing Co. Ltd Merchants House, Wapping Road, Bristol, BS1 4RW
Trustees
Alastair Sawday Wendy Stephenson Chloe Revill Tom Dixon
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity is governed by a trust deed dated 3 October 2017
OBJECTIVES AND ACTIVITIES
Objectives and aims
Principle objective of the Charity, as defined in the trust deed, is “the protection and preservation of the physical and natural environment”.
Public benefit statement and financial review
The trustees have had regard to Charity Commission guidance on public benefit.
Along with some donations during the prior year the trust received a dividend on shares which it owns in Alastair Sawday Publishing Co Ltd which it intends to apply in future periods in line with the objectives set out above.
No benefits were provided to any of the Trustees or people connected to them.
Investment policy and objectives
The only asset which the trust currently owns is a share holding in Alastair Sawday Publishing Co. Ltd, representing 24% of the issued equity.
ON BEHALF OF THE BOARD :
G R Sawday
Alastair Sawday – Trustee Date: 26 Oct 2021
1
The Sawday Trust
Income and Expenditure for the Period Ended 31 December 2020
| INCOME Voluntary income Donations Investment income Dividends Interest TOTAL INCOME EXPENDITURE Charitable activities Accountancy Grants paid TOTAL EXPENDITURE EXCESS OF INCOME OVER EXPENDITURE Reserves brought forward at 1 January 2020 Reserves 31 December 2020 |
Unrestricted Funds 2020 £ - - 43 43 250 10,600 (10,850) (10,807) 221,222 210,415 |
Unrestricted Funds 2019 £ 3,695 10,008 19 |
|---|---|---|
| 13,722 250 - |
||
| (250) | ||
| 13,472 207,750 |
||
| 221,222 |
The notes form part of these accounts
2
The Sawday Trust
Statement of Assets and Liabilities At 31 December 2020
| INVESTMENTS Shares in unquoted company CURRENT ASSETS Bank account LIABILITIES Accrual for accountancy fees NET ASSETS RESEVRES |
2020 Unrestricted Funds £ 208,000 3,165 (750) 210,415 210,415 |
2019 Unrestricted Funds £ 208,000 |
|---|---|---|
| 13,722 | ||
| (500) | ||
| 221,222 | ||
| 221,222 |
The financial statements were approved by the Board of Trustees on 26 Oct 2021 and were signed on its behalf by:
G R Sawday
Alastair Sawday – Trustee
The notes form part of these accounts
3
The Sawday Trust
Notes to the Accounts for the Period Ended 31 December 2020
1. TRUSTEES' REMUNERATION, BENEFITS AND OTHER TRANSACTIONS.
There was no trustees' remuneration or other benefits provided in the period ended 31 December 2020.
There were no trustees' expenses paid for the period ended 31 December 2020.
There were no trustees’ donations made for the period ended 31 December 2020 (2019 - £695).
The notes form part of these accounts
4