Trustees’ Annual Report for the period
From 06.04.21 To 05.04.22
Charity name: The Zennor Trust
Charity registration number: 1176515
Objectives and Activities
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SORP reference
Summary of the purposes of Para 1.17 The Trustees shall hold the capital and
the charity as set out in its income of the Trust Fund upon trust to
governing document apply the income, and all or such part or
parts of the capital, at such time or
times and in such manner to, or for the
benefit of, such purposes, being
recognised as exclusively charitable
under the law of England and Wales, in
any part of the world as the Trustees
may in their discretion think fit
Summary of the main Para 1.17 and The Trustees consider funding requests
1.19
activities in relation to those and they base their decisions in
purposes for the public accordance with the Grant Making
benefit, in particular, the Policy. This provides that the recipient
activities, projects or organisation should fall within one or
services identified in the more of the 7 charitable purposes as
accounts. listed in the Grant Making Policy and the
recipient organisation must be already
registered with the Charity Commission
in England and Wales.
The Trustees are typically looking at
making individual grants of between
£500 and £5,000 as one off capital
payments as opposed to providing
regular support on an annual basis.
Statement confirming Para 1.18 The Trustees have had regard to the
whether the trustees have guidance issued by the Charity
had regard to the guidance Commission on public benefit.
issued by the Charity
Commission on public
benefit
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Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | There is a Grant Making Policy in place which is considered when deciding which awards to make. |
Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
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SORP reference
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| SORP reference | SORP reference | 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 | As of February 2022, the Charity had distributed £22,000 under the Grant Making Policy to worthy causes. During the 21/22 year: £2,000 was donated to the registered charity Safe Passage (RCN:1179608) £1,000 was donated to the registered charity Barnados (RCN: 216250) £1,000 was donated to the registered charity The Alzheimer’s Society (RCN: 296645) £1,000 was donated to the registered charity Shelter (RCN: 263710) |
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 | |
| Para 1.41 |
Investment performance against objectives Other
Financial Review
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Review of the charity’s Para 1.21 Value of the investment portfolio has
financial position at the end declined from £145,529 in December
of the period 2021 in line with falling markets.
Gift Aid tax refund from HMRC of
£40,901 was received by the trust in
respect of previous 4 years of donations
The trustees donated £55,000 which was
added to the Investment Portfolio to
assist with the generation of sufficient
income to distribute to worthy causes.
Statement explaining the Para 1.22 Investments are held with the aim of
policy for holding reserves generating an annual income of at least
stating why they are held £5,000 which can then be distributed to
worthy causes in accordance with the
Grant Making Policy.
Amount of reserves held Para 1.22 Cash held with Metro Bank: £44,195
SJP Investment Portfolio: £143,774
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially in Para 1.24 N/A
deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a going
concern
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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 | Donations |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | There is an investment policy statement in place |
A description of the principal Para 1.46 risks facing the charity 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 | Constituted via 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 | Every new Trustee must be appointed by a resolution of the Trustees passed at a special meeting called in accordance with the Trust Deed. |
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 | The Zennor Trust |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1176516 |
| Charity’s principal address | Lakeside House Oxon Business Park SHREWSBURY SY3 5HJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Roger Stanton Doo | Wholeyear | |||
| Alane Salt | Wholeyear | |||
| Arthur Stanton Doo | Wholeyear | |||
| Geoffrey Edward Doo |
Whole year | |||
| Eleanor Frances Doo |
Whole year |
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
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Type of Name Address
adviser
Solicitor Lynda Jane Richards Lakeside House
Oxon Business Park
SHREWSBURY
SY3 5HJ
Investment William Harrison Penney Financial Partners
Manager Kensington House
Knights Way
Shrewsbury
SY1 3AB
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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) ROGER STANTON DOO Position (eg Secretary, Trustee Chair, etc) Date 2nd February 2023
| Zennor Trust | No (if any) | ||
|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||
| For the period from |
06.04.21 | 05.04.22 To |
Section A Receipts and payments
| A1 Receipts | Unrestricted funds to the nearest £ 5,048 40,901 - - - - - - 45,949 - - - 45,949 5,000 10 - - - - - - - 5,010 - - - 5,010 40,939 - - 40,939 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ |
Total funds to the nearest £ 5,048 40,901 - - - - - - 45,949 - - - 45,949 5,000 10 - - - - - - - 5,010 - - - 5,010 40,939 |
Total funds to the nearest £ 5,048 40,901 - - - - - - 45,949 - - - 45,949 5,000 10 - - - - - - - 5,010 - - - 5,010 40,939 |
Last year to the nearest £ |
|---|---|---|---|---|---|---|
| Interest and dividends | 5,048 | - - - - - - - - - |
5,048 | 3,547 | ||
| Gift Aid Claim | 40,901 | 40,901 | - | |||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| Sub total(Gross income for AR) |
45,949 | 45,949 | 3,547 | |||
| A2 Asset and investment sales, (see table). |
||||||
| - | - - - |
- | ||||
| - | - | - | ||||
| Sub total | - | - | - | |||
| Total receipts A3 Payments |
||||||
| - | 45,949 | 3,547 | ||||
| Distributions to charities | 5,000 | - - - - - - - - - - |
5,000 | 4,000 | ||
| Bank Account Maintenance Fees | 10 | 10 | - | |||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| - | - | - | ||||
| **Sub total ** | 5,010 | 5,010 | 4,000 | |||
| A4 Asset and investment purchases, (see table) |
||||||
| - | - - - |
- | ||||
| - | - | |||||
| **Sub total ** | - | - | - | |||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | 5,010 | 4,000 | ||||
| 40,939 | - | - | 40,939 |
- 453 | ||
| - | - | - - |
- | - | ||
| - | - | - | - | |||
| 40,939 | - | - | 40,939 | - 453 |
CCXX R1 accounts (SS)
01/02/2023
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Investment Portfolio Details Total cash funds Cash at bank Details Details Details Signature |
Unrestricted funds to nearest £ 44,195 - - 44,195 Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs 143,774 - - - - Fund to which asset belongs - - - - - - - - - Fund to which liability relates |
|---|---|---|
| Signature | Print Name | |
| Roger Doo | ||
CCXX R2 accounts (SS)
01/02/2023
2
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 8ivinE me cause to believe that in any materlal respect.. l. accountin@ records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the atcounts do not accord with those records. I have no toncerns and have come acY05S 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. Name.. THOMAS MICHAELWARDLE Relevant professional qualification or membership of professional bodies lif anvl: Address.. Lakeslde House, Oxon Su51ness Park, Shrew5bury SY3 5HJ Date: 0210212023