## **Trustees’ Annual Report for the period** ## **From 06/04/2023 Period start date To 05/04/2024 Period end date** ## **Charity name: Doreen Greenlees Discretionary Will Trust** ## **Charity registration number: 1176810** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To benefit the welfare of animals, to**
**benefit and maintain places of Christian**
**worship and alleviate poverty through**
**Christian social welfare (primarily in the**
**North West of England) as per the will**
**and letter of wishes of the late Doreen**
**Greenlees.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Grants have been considered to**
**Freshfields Animal Rescue, the local**
**branch of the RSPCA, the Salvation**
**Army, Compassion Acts and Southport**
**Soup Kitchen. Applications from other**
**organisations have been considered by**
**the trustees in light of the charity’s**
**governing documents (will and letter of**
**wishes).**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees have had regard to the**
**guidance issued by the Charity**
**Commission on public benefit.**| |**Additional information (optional)**
You may choose to include further statements||where relevant about:| ||SORP reference|| |Policy on grant making|Para 1.38|**The trustees generally try to follow the**
**wishes, as per the letter of wishes, in**
**which the late Doreen Greenlees set out**
**her wishes on how she wished her**
**estate to be utilised for charitable**
**purposes, mainly based in the North**
**West of England.**| |Policy on social investment
including program related
investment|Para 1.38|**N/A**| **N/A** Para 1.38 Contribution made by volunteers **N/A** Other ## **Achievements and Performance** ||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|**Grants have been considered to the**
**charitable organisations referred to**
**earlier in the report. These will help**
**promote and maintain animal welfare in**
**the local areas through Freshfields**
**Animal Rescue and the RSPCA and help**
**alleviate poverty through the Salvation**
**Army, Southport Soup Kitchen &**
**Compassion Acts.**
**This will benefit society in broad terms**
**by helping to prevent animal cruelty,**
**and helping the homeless have access**
**to hot meals and shelter and helping**
**those in poverty.**| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |Achievements against
objectives set|Para 1.41|**N/A**| |Performance of fundraising
activities against objectives
set|Para 1.41|**N/A**| |Investment performance
against objectives|Para 1.41|**The trust aims to generate income and**
**capital growth through a portfolio of**
**investments. These have performed**
**broadly in line with the objectives set.**
**However, they were impacted by**
**external factors and world events.**| |Other||**N/A**| ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity maintains a healthy capital**
**balance of assets which generates**
**income from which grants can be made**
**and costs covered.**| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**It is the policy of the trustees to make**
**grants from surplus income and**
**accumulate any surplus back into the**
**trust to help generate further funds in**
**future.**| |Amount of reserves held|Para 1.22|**£694,205 (investments and cash as at**
**05/04/23)**| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |Details of fund materially in
deficit|Para 1.24|**N/A**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**| **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|**The investment portfolio maintained by**
**the trust and the income that it**
**generates.**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**The trustees aim to achieve a balanced**
**return between income generation and**
**capital growth and receive advice from a**
**regulated firm of investment managers**
**regarding the management of the trust’s**
**assets.**| |A description of the principal
risks facing the charity|Para 1.46|**Stock market uncertainty having an**
**impact on the performance of the trust**
**portfolio of investments, impact of**
**potential external factors on investment**
**performance.**| |Other||**N/A**| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Will of Doreen Greenlees**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**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|**Appointed by existing trustees with**
**their unanimous consent**| ## **Additional information (optional)** You may choose to include further statements where relevant about: **N/A** Policies and procedures adopted for the induction Para 1.51 and training of trustees **N/A** The charity’s organisational structure and any wider Para 1.51 network with which the charity works **N/A** Relationship with any Para 1.51 related parties **N/A** Other ## **Reference and Administrative details** |Charity name|Doreen Greenlees Discretionary Will Trust| |---|---| |Other name the charity uses|-| |Registered charity number|1176810| |Charity’s principal address|22 Derby Street,
Ormskirk,
Lancashire,
L39 2BZ| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Michael Francis
Prendergast|N/A|Whole year|-| ||Alexandra Jane
Kenyon|N/A|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
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)**
**Type of**
**adviser**
**Name**
**Address**|Description of the assets
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)**
**Type of**
**adviser**
**Name**
**Address**|Description of the assets
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)**
**Type of**
**adviser**
**Name**
**Address**| |---|---|---| |**-**||| |||| |||| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |-||| ## **Names and addresses of advisers (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **-** ## **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)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Michael Francis Prendergast|Alexandra Jane Kenyon| ||

Trustee|Trustee| ||02/10/2024
02/10/2024|| ||02/10/2024|| CHARITY COA4MISSION FOR ENGLAND ANO WALES Indepandènt •yamln*s report oh the act¢wnts Se£tlon A Indappndem fxamlnoffsRepon RepontsthetNst•osl mÈmbets ot On KcoYntslort￿Y*4r gnd•d 05104Do cttirfty Thr*: 1176810 Settyrtonp I repJrttothelrttstee50n rny wmlngrion ofihe x¢ounts ofthe?l>Meharity ltre TI￿t.)fr)rIh* y¢qtffided0511)y2024. sthechJrftytrurtee$ of theTrust. you ore responslbleforthe prepafètitin of theaccO￿ts In accordarKe wlththe requirtrnernts of theCh8rftiÈ5 Act 20111.the ACVI. RtSPDn51bllllles arhd bBs5s¥A roport I report in of myexamlnatlrmoltt*TW￿￿%att￿JThtsrarr1ed Dur under 145 ofthe 2011 Acr and In Irryine mye*amlnatlon. I have f0llowedthe?p￿lrak￿e ￿rectIOnS￿l¥en ￿ the U*rltycommts51on under sectkn 14SI5Mbl of the Art. Independent •Mft¥n*¢sstst•ment I ha¥ec(ffipltted my ex4mination. I cobfiTm th)t no mJt*rLIl fft•tttrS hav• tc**etO *ny atten￿0￿ In￿nneCt￿ with the¢xamiD#bon which efves me cause to ￿lIeVe that Ir*i any rnaterlal respect.. acwJntln6 YKords were t)ot kept In accprdan¢e whh 5eciion 130 of theAct or thpaccount5 do ngt ¥cord44th the jccountlng remids I have noconcern5 and havecomeacross no othei confie¢tlon wtththe to whxh attsntlon should be drnwn in crttrtotn•bk a proFerunder5r8ndkn8 ofthe ac¢otsntsto be rexhed. ftelevant profo5siffial qua15fkatlonlslor body IW anyl.. Ch•rteMd ActourtaNt ss AcuwmantsZ47 Llmlted Sy*e 205. 209 M#1thouse BU￿n￿￿¥ 48 Soythport Road, Omsklwk l•nrs YIQR micHA L FR￿C￿ P￿&￿)[￿CrAST AL￿Ar CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Se¢tlon A Inde￿ndent fmamintrfs Report Report to the trusteesl membeis ol Doreen Greenlees DlscretlonaryWIII Tfust On attounts forthe year ended 0510412024 Charity no; 1176810 Set out on pages I report to the tfU5tees on my examination of the accounts of the above charity I'the Trust") lor the ye8r ended 0510412024. s the charity trustees of the Trust, you are responsible forthe preparatton of the accounts in accordance with the requlrements of the Charities Act 20111.the ACVI. Responslbllltles and basi5 Qt report I report in respeet of my examination of the Trust'5 accounts carried out under sectlon 145 of the 2011 Act and tn carrying out rny examination. I have followed the applitable Dirertions Biven by the Charity Commission under section 14515llbl of the Au. Independent examlne¢$ statement I h8ve completed my examination. I confirm tFAt no rnaterial matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. 3ccounting records were not kept in accordance with settion 130 of the Act or the account5 do not accord with the accounting records I have no concern5 and have come across no other matters in connection with the examinatior to which attention should be drawn in order to enable a proper un¢Jerstandin8 of the accoupt5 to be reached. Signed: Date- Name.. Chri5 Sales Relevant wofessional qualificationlsl or body lil any).. Charte￿d Accountant Address.. AC￿￿ntants 247 Llmlted Suite 205- 209 Malthouse Buslness Park 48 SO￿hpOrt Road, Ormskirk iancs L39 IQR micHA£L P(L6thJtr.￿&A£Tr CHARITY COMMISSION FOR ENGLAND ANO WALES Doreen Greènlees Dixretlonary Will TNst Rè8istèrÈd No.. 1176810 CC16a PaEe I Re￿Ipts and payments attauntS Forthe peTiod fvom 0610412023 To Perlod end date 0510412024 Sethon A Recelpts and payments Un￿$t￿￿ted fvnds Restricted fund5 Endowment funds to neoie5t £ Total ￿Thd5 La$1 y¢ar to 10 AIRecelpts ImÈrÈst and dwidends IncomeTax Refund 19,035 19,035 19.968 SubtOtsllGross inctsme for ARI 19,035 19,035 19,968 A2 A55et and Investment sales. Ise• . 8ondlShare redempt￿￿ proceed5 ProceedsfTOm Sales of ￿(U[l￿e5 35,257 65,615 35.257 65,615 17.275 138,346 Sub total 100.872 100,872 155,621 Totsl recelpts 119,907 £ 119,907 £ 175,589 A3 Payments 5,000 24,917 S,(XlO 24,917 Admin costs Taxatyon 24.774 loo Sub total 29.917 29,917 24,874 A4A55etand Investment purchases ifjDIL'J Cost of purchase of securities 159.773 159,773 125,527 Sub total 159,773 159.773 125,527 Total ptymtnts 189,691 £ 189,691 £ 150,401 Net Ipaymentsllrecelm5 169,7841 £ 169.7841 15,188 Cash funds last year end 92,874 92,874 67,686 Ca5hlunds ihls year end 23,090 £ 23.090 £ 92174 Page 2 Sertlvn 8 StateFnent ol as5et5 and liabilities at the end of the perlod Categtrles Unrpsrritted funds to rseore5r£ Resrritted funds 10 ngr.re51 EndowmÈntfvnds Bl Cash f￿d5 Details StOEkbroker5' Arrourbt Soll¢itors' CllentAecount 19,180 3.910 Totsi cash fvnds iogite btslaft¢es re¢eipiS tsntltsoyments uGcountlsl) £23,090 Agreelneiii ej.ror OK OK Unrestricted funds .*eoresr E Regtricted funds EndowrnentfuThYs loncarest B2 Other monetary85sets Det8115 B3 Invesbnentassets Funo tr)whith assetbdDn8S icst loptionBII CurrerttvaliJe loptionjll Powttolio of Investmerfs: Hxed Interest in¢1 Colle¢Uvés E4ultlÈs Intl Collectives Alternative Inve5tfflents Ml¥ed Assets Commodlty Vnrestylcted funds 146,740 397,SZZ Sl,215 24,075 41,338 B4Assets retained forthe tharity's own use Detai15 Fund to B55et be1on85 Cost Detai Fuhd to whicb ltsbllity relates AmOVnldue loption)11 WTricn due lry)tlonall Pmfwional fee5accrulng Unrests1rted Funds s￿rted by one ortwotrustees on behalfof all the tr￿tee$ Signature Prlnt Name Date of approval ..Franci$ Prendeigast 3jp.zl