**REGISTERED CHARITY NUMBER: 1176369** 

**Report of the Trustees and** 

**Unaudited Financial Statements** 

**for the Year Ended 31 March 2021** 

**for** 

**Warrington Charities Trust CIO** 



**Warrington Charities Trust CIO** 

**Contents of the Financial Statements for the Year Ended 31 March 2021** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|10|
|**Detailed Statement of Financial Activities**||11||





## **Warrington Charities Trust CIO** 

## **Report of the Trustees for the Year Ended 31 March 2021** 

The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The objects of the charity are to promote any charitable purposes for the benefit of the communities in the area of Warrington, in particular, the prevention or relief of poverty, advancement of education and the protection of good health, both mental and physical, by providing grant funding that will enable charitable organisations to continue or expand their work including activities and service provision for local people. 

## **Significant activities** 

The Trust's objectives are to raise funds from the Corporate Sector (industry, commerce and trade) operating in Warrington for the distribution to needy charitable activities operating in and for the benefit of the inhabitants of Warrington Borough, their quality of life and their environment. In this way the Corporate Sector (the workforce of which is mainly made up of Warrington citizens) demonstrates its support for the Warrington community in a practical and mutually beneficial way. The Trust strongly believes that charitable donations raised in Warrington should be used to benefit Warrington. 

## **Public benefit** 

We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. 

## **Grantmaking** 

The charity makes small grants to local groups by an application process which are approved by the trustees at board meetings. 

## **Volunteers** 

Volunteers undertake the Trust's management and the general running costs are met by sponsorship. The office space, meeting rooms and website are all provided cost free and the annual report is produced free of all charges. Administration costs are thereby kept to a minimum. Therefore, the Trust can truly state that every £ donated by local business organisations or individuals is given each year to benefit many local charitable activities. No estimate or value has been placed on the work of volunteers or included in the accounts. 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Fundraising activities** 

In the year, in addition to the normal incoming financial support, Warrington Charities Trust has started to benefit from an Internet based scheme for donations at the charity website at https://warringtoncharitiestrust.org 

Local restaurants are helping by accepting donations which customers can give automatically on-line to Warrington Charities Trust. Unfortunately due to the Covid pandemic restrictions, restaurants have been closed for most of the year but nevertheless small amounts of donations have now started to be received and we expect to see these steadily increasing. The Trustees are aware that donations are required to allow the charity to continue to make grants to local groups. Towards this end, the trustees are investigating the possibility of working with other bodies in the area that have funding and are seeking a method of distributing their funding. 

## **FINANCIAL REVIEW** 

## **Investment policy and objectives** 

The Trustees have decided that the deposit of surplus funds with the local authority on 7 days notice best meets the requirement to maximise income, flexibility and security of capital. 

## **Reserves policy** 

The Trustees have decided, because of the dependence on external donors, to set the level of reserves at £5,000. 

Page 1 



## **Warrington Charities Trust CIO** 

## **Report of the Trustees for the Year Ended 31 March 2021** 

## **FINANCIAL REVIEW** 

## **Going concern** 

The Trustees are continually reviewing the operations of the charity and its ability to deliver its objects during the Covid 19 pandemic. The Trustees have followed Government Guidance and are seeking financial assistance where appropriate and making cost savings where possible. In the opinion of the Trustees significant financial pressure will be placed on the Charity as a result of the Covid 19 pandemic but the Trustees believe they have the structure and resources to ensure the Charity remains a going concern. 

## **FUTURE PLANS** 

In order to reach as wide an audience as possible, the Trustees are going to re-brand and re-launch Warrington Charities Trust CIO. We are working towards developing wider networks, contacts and donors to ensure that Warrington Charities Trust continues to offer our much-needed support. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, dated 27 November 2017, which is the constitution of a Charitable Incorporated Organisation (CIO) whose only voting members are its charity trustees. 

## **Recruitment and appointment of new trustees** 

There must be at least three charity trustees and a maximum of twelve. 

The first trustees have transferred from the unincorporated charity of the same name, charity number 701645 

For 4 years - P Taylor, M Barbour, C Belshaw For 3 years - A Cullen For 2 years - R Griffiths 

Apart from the first trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the trustees. In selecting individuals for appointment, the trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. 

## **Organisational structure** 

At the General Meeting, the CIO will elect a Chairperson, Treasurer and Secretary and such honorary officers as the CIO may from time to time determine. 

## **Induction and training of new trustees** 

The trustees will make available to each new trustee, on or before his or her first appointment, a copy of the current version of the constitution and a copy of the CIO's latest Trustees' Annual Report and the statement of accounts. 

## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 

1176369 

## **Principal address** 

Patten House Moulders Lane Warrington Cheshire WA1 2BA 

Page 2 



## **Warrington Charities Trust CIO** 

## **Report of the Trustees for the Year Ended 31 March 2021** 

## **Trustees** 

P Taylor Charirperson M Barbour Secretary C Belshaw Treasurer C Daniels (deceased 24.9.20) A E Cullen R Griffiths L R Herbert (resigned 13.4.21) A M Morley (appointed 9.4.21) 

## **Independent Examiner** 

Voisey & Co LLP Chartered Accountants 8 Winmarleigh Street Warrington Cheshire WA1 1JW 

## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** 

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charity SORP; 

- make judgements and estimates that are reasonable and prudent; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any  time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

Approved by order of the board of trustees on ............................................. and signed on its behalf by: 20th August 2021 

........................................................................ C Belshaw - Trustee 

Page 3 



## **Independent Examiner's Report to the Trustees of Warrington Charities Trust CIO** 

## **Independent examiner's report to the trustees of Warrington Charities Trust CIO** 

I report to the charity trustees on my examination of the accounts of Warrington Charities Trust CIO (the Trust) for the year ended 31 March 2021. 

## **Responsibilities and basis of report** 

As the charity trustees of the Trust you are responsible for the preparation of the 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 Act and in carrying out my examination I have followed all 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 giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do 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. 


Lee Warburton BA Voisey & Co LLP Chartered Accountants 8 Winmarleigh Street Warrington Cheshire WA1 1JW 

20th August 2021 Date: ............................................. 

Page 4 



## **Warrington Charities Trust CIO** 

## **Statement of Financial Activities for the Year Ended 31 March 2021** 

|2021<br>Unrestricted<br>fund<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>11,185<br>Investment income<br>2<br>25<br>**Total**<br>11,210<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Support of local charities and groups<br>4,909<br>Other<br>350<br>**Total**<br>5,259<br>**NET INCOME**<br>5,951<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>38,939<br>**TOTAL FUNDS CARRIED FORWARD**<br>44,890|2020<br>Total<br>funds<br>£<br>35,400<br>25|
|---|---|
||35,425<br>7,221<br>350|
||7,571|
||27,854<br>11,085|
||38,939|



The notes form part of these financial statements 

Page 5 



## **Warrington Charities Trust CIO** 

## **Balance Sheet 31 March 2021** 

|2021<br>Unrestricted<br>fund<br>Notes<br>£<br>**CURRENT ASSETS**<br>Debtors<br>5<br>5,000<br>Cash at bank<br>39,890<br>44,890<br>**NET CURRENT ASSETS**<br>44,890<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>44,890<br>**NET ASSETS**<br>44,890<br>**FUNDS**<br>6<br>Unrestricted funds<br>44,890<br>**TOTAL FUNDS**<br>44,890|2020<br>Total<br>funds<br>£<br>5,000<br>33,939|
|---|---|
||38,939|
||38,939|
||38,939|
||38,939|
||38,939|
||38,939|



The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 20th August 2021 

............................................. C Belshaw - Trustee 

The notes form part of these financial statements 

Page 6 



**Warrington Charities Trust CIO** 

## **Notes to the Financial Statements for the Year Ended 31 March 2021** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': 

- the requirements of Section 7 Statement of Cash Flows; 

- the requirement of paragraph 3.17(d); 

- the requirements of  paragraphs 11.42, 11.44, 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c); 

- the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. 

## **Taxation** 

The charity is exempt from tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

continued... 

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**Warrington Charities Trust CIO** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021** 

|**2.**|**INVESTMENT INCOME**|||
|---|---|---|---|
|||2021|2020|
|||£|£|
||Deposit account interest|25|25|
|**3.**|**GRANTS PAYABLE**|||
|||2021|2020|
|||£|£|
||Support of local charities and groups|4,909|7,221|
||The total grants paid to institutions during the year was as follows:|||
|||2021|2020|
|||£|£|
||Friends of Christchurch graveyard|-|649|
||Creating Adventures|-|500|
||Friends of Longbarn Park|300|-|
||British Deaf History Society|-|420|
||Cross Roads Boy Band|-|456|
||37th Warrington Guides|-|158|
||The Monday Club|-|415|
||Museum of Policing in Cheshire|-|618|
||Penketh and Cuerdley Residents Association|-|286|
||3rd Warrington Scout Group|-|420|
||Victoria Park Pensioners BRC|-|778|
||Warrington East Scout District|-|500|
||Families United|436|500|
||Viscaria Dancers|-|1,180|
||Appletots|-|341|
||Burtonwood Sewing Group|500|-|
||Mid Orford Residents Association|552|-|
||Culcheth Methodist Church|500|-|
||Autism Initiatives|1,392|-|
||After Silence|379|-|
||Enjoy Football|350|-|
||Chat4 Dementia|500|-|
|||4,909|7,221|



## **4. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. 

continued... 

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**Warrington Charities Trust CIO** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021** 

## **5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|---|---|---|---|
|||2021|2020|
|||£|£|
||Short term investment|5,000|5,000|
|**6.**|**MOVEMENT IN FUNDS**|||
|||Net||
|||movement|At|
||At 1.4.20|in funds|31.3.21|
||£|£|£|
||**Unrestricted funds**|||
||General fund<br>38,939|5,951|44,890|
||**TOTAL FUNDS**<br>38,939|5,951|44,890|
||Net movement in funds, included in the above are as follows:|||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
||**Unrestricted funds**|||
||General fund<br>11,210|(5,259)|5,951|
||**TOTAL FUNDS**<br>11,210|(5,259)|5,951|
||**Comparatives for movement in funds**|||
|||Net||
|||movement|At|
||At 1.4.19|in funds|31.3.20|
||£|£|£|
||**Unrestricted funds**|||
||General fund<br>11,085|27,854|38,939|
||**TOTAL FUNDS**<br>11,085|27,854|38,939|
||Comparative net movement in funds, included in the above are as follows:|||



||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|35,425|(7,571)|27,854|
|**TOTAL FUNDS**|35,425|(7,571)|27,854|



continued... 

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**Warrington Charities Trust CIO** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021** 

## **6. MOVEMENT IN FUNDS - continued** 

A current year 12 months and prior year 12 months combined position is as follows: 

|||Net||
|---|---|---|---|
|||movement|At|
||At 1.4.19|in funds|31.3.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|11,085|33,805|44,890|
|**TOTAL FUNDS**|11,085|33,805|44,890|



A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: 

||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|46,635|(12,830)|33,805|
|**TOTAL FUNDS**|46,635|(12,830)|33,805|



## **7. RELATED PARTY DISCLOSURES** 

During the year a donation of £5,000 was made to the Trust by Taylor Estates which is connected to P Taylor who is a trustee. 

Page 10 



## **Warrington Charities Trust CIO** 

||**Detailed Statement of Financial Activities**|||
|---|---|---|---|
||**for the Year Ended 31 March 2021**|||
|||2021|2020|
|||£|£|
|**INCOME AND ENDOWMENTS**||||
|**Donations and legacies**||||
|Donations||10,835|5,050|
|Legacies||-|30,000|
|Donated services and facilities||350|350|
|||11,185|35,400|
|**Investment income**||||
|Deposit account interest||25|25|
|**Total incoming resources**||11,210|35,425|
|**EXPENDITURE**||||
|**Charitable activities**||||
|Grants to institutions||4,909|7,221|
|**Support costs**||||
|**Governance costs**||||
|Independent Examiners fees||350|350|
|Total resources expended||5,259|7,571|
|**Net income**||5,951|27,854|



This page does not form part of the statutory financial statements 

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