**Charity Registration No. 1176749**
# **THE WILLIS HART CHARITABLE TRUST TRUSTEES' REPORT AND UNAUDITED ACCOUNTS**
**FOR THE YEAR ENDED 31 MARCH 2021**
## **THE WILLIS HART CHARITABLE TRUST**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|S Willis|
|---|---|
||Mrs S A Willis|
||Mrs N J Willis|
|**Charity number**|1176749|
|**Principal address**|Stewley House|
||High Street North|
||Stewkley|
||Leighton Buzzard|
||Beds|
||LU7 0EW|
|**Independent examiner**|Hills & Burgess|
||20 Bridge Street|
||Leighton Buzzard|
||Bedfordshire|
||LU7 1AL|
## **THE WILLIS HART CHARITABLE TRUST**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1|
|Independent examiner's report|2|
|Statement of financial activities|3|
|Balance sheet|4|
|Notes to the accounts|5|
## **THE WILLIS HART CHARITABLE TRUST**
## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 MARCH 2021**_
The trustees present their report and accounts for the year ended 31 March 2021.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's [governing document], the Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005.
## **Structure, governance and management**
The charity was established by a charitable trust deed on 19 January 2018 .
The trustees who served during the year were: S Willis Mrs S A Willis Mrs N J Willis
There is no intention to recruit any further trustees in the foreseeable future.
The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Objectives and activities**
The objects of the charity are to advance such purposes as for the time being are charitable in and around Leighton Buzzard and, at the trustees' discretion, elsewhere.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities
the charity should undertake.
The charity received donations during the period. The trustees are reviewing potential recipients to benefit from the charity with regard to making payments during the coming year.
## **Achievements and performance**
The charity has received donations during the year which have been used to fund current and future projects.
## **Financial review**
The charity has a surplus at the end of the financial period which will be used to fund future projects and activities.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
On behalf of the board of trustees
## **S Willis**
Trustee Dated: 25 January 2022
- 1 -
## **THE WILLIS HART CHARITABLE TRUST**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE WILLIS HART CHARITABLE TRUST**
I report on the accounts of the charity for the year ended 31 March 2021, which are set out on pages 3 to 5.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination being a qualified member of Chartered Accountant.
It is my responsibility to:
- (i) examine the accounts under section 145 of the 2011 Act;
- (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- (iii) to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (a) which gives me reasonable cause to believe that in any material respect the requirements:
- (i) to keep accounting records in accordance with section 130 of the 2011 Act; and
- (ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
- have not been met; or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Jane Roberts BA(Hons) FCA Hills & Burgess
Chartered Accountant 20 Bridge Street Leighton Buzzard Bedfordshire LU7 1AL
Dated: 28 January 2022
- 2 -
## **THE WILLIS HART CHARITABLE TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**Notes**
**Incoming resources from generated funds**
Donations and legacies
**2**
**Resources expended**
**3**
**Charitable activities**
Donations
Governance costs
**Total resources expended**
**Net income for the year/**
**Net movement in funds**
Fund balances at 1 April 2020
**Fund balances at 31 March 2021**|**2021**
**£**
**449,350**
**85,701**
**300**
**86,001**
**363,349**
**111,400**
**474,749**|2020
£
50,000|
|---|---|---|
|||23,000|
|||300|
|||23,300|
|||26,700
84,700|
|||111,400|
- 3 -
## **THE WILLIS HART CHARITABLE TRUST**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2021**_
|**Notes**
**Current assets**
Stocks
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**6**
**Total assets less current liabilities**
**Income funds**
Unrestricted funds|**2021**
**£**
**10,000**
**465,049**
**475,049**
**(300)**|**£**
**474,749**
**474,749**
**474,749**|2020
£
10,000
101,700
111,700
(300)|£
111,400
111,400
111,400|
|---|---|---|---|---|
The accounts were approved by the Trustees on 25 January 2022
S Willis **Trustee**
- 4 -
## **THE WILLIS HART CHARITABLE TRUST**
## **NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **1 Accounting policies**
## **1.1 Basis of preparation**
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities", issued in March 2005 and the Charities Act 2011.
## **1.2 Stock**
Stock is valued at the lower of cost and net realisable value.
## **2 Donations and legacies**
|**3**|Donations and gifts
**Total resources expended**
**Charitable activities**
Donations
Activities undertaken directly
**Governance costs**|**2021**
**£**
**449,350**
**2021**
**£**
**85,701**
**300**
**86,001**|2020
£
50,000
2020
£
23,000
300
23,300|
|---|---|---|---|
## **4 Trustees**
None of the trustees (or any persons connected with them) received any remuneration during the period.
## **5 Employees**
There were no employees during the year.
|**6**|**Creditors: amounts falling due within one year**|**2021**|2020|
|---|---|---|---|
|||**£**|£|
||Accruals|**300**|300|
- 5 -