2025-04-05-accounts - The Doreen Greenlees Discretionary Will Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 06/04/2024 Period start date To 05/04/2025 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 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 with market shocks at the start of the reporting period and improved

performance towards the end of the reporting period. N/A Other

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	£656,853 (investments and cash as at 05/04/25)
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:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	N/A
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	N/A
Relationship with any related parties	Para 1.51	N/A
Other		N/A

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

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
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	Type of adviser Name Address	Type of adviser Name Address
-



Name of chief executive or names of senior staff members (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
	20/01/2026 20/01/2026
	20/01/2026

IHARITY COMMISSION FCII ENGiAND MO WALE5 Doreen Greenlees DL%rrettonary WIllTrLtst ReEbtered No.. 1176BIO CC16a Re¢elpts ahd payments accounts Fortht period from LioII2024 To Period end &te 0510412025 SeciionA fte¢eiptsaThlpa¥ments VrStriCted funds Resiri£ied fuftds EndLwrnent fund5 to the neurest£ to theneorest£ to thentwesi £ rotsl fvnds to the neorestÉ {l¥ear to thetr•rest£ Al Reteipr$ IntErESt and di¥ideNds SncomeTax Refvnd 18,979 18,979 19.035 Sub totallGrosJ ineomeforARI 18,979 IB.979 19.035 A2 Asset ènd in¥estmentsa¥(see toblel ondlshore redernptityn proceeds Proceeds from sales of securities IL163 124.399 11.163 224.399 45.257 65,615 total 235.562 235.562 l(¥J,872 Totsl receipts 254.541 E z54.yl £ 119,907 A3 Ptyments Charitable trittributlor Admin costs iO.WD 17.181 10.0 17.181 24,917 Taxation SL*)tota1 27.181 27.181 29,917 A4 Asset and Investment pur(se1 (seet¢>bleJ Cost of wrchase Df SeCWitSes Accumulatlon Unit illCOrnÈ 122.642 122,642 159,773 Subtoral 121642 122,642 159.773 Totsl p•ym•nts I4913 £ 149.823 189.691 N81 Q>¥miwtsJiie¢glpts 104,718 E 101,718 £ 169.7841 Cathlund5 last yearend 23.090 2a.c80 92,674 C•5hfundsthisYe•rend 127,80B £ IZY.808 £ 23.090

SeEthJn B Statemert of assetsand lialitIe5atthÈend the pethl caone9 ljnrestricted fuTh torteorestf Pesirirted furtds to neoresr £ Endowrnentfund5 toneorestE Bl Cash fn(l Details o(brokers' At titors, CllohtAt¢ount 118.291 9.517 Total cash fuThd& (Ggretbolonces wfth receiptsundwynKnts qmnrfslj £127,808 Agvteffltnteiror Unrestricted fn$ tone0Tr5t£ Restrirfedfunds roneofestf Endowmentfunds toneurestÉ 92 Other mLttsry a55er5 Oetsils 83 lrtvestrnenr p55et$ DerHIL% Fundtowhith asset bnY C¢st loprionall Cwrent ¥iluelDPtkJnill Portfolloollnv•stmefits: Axed Int•r4skificl Colltttlrts EqulllÈslnd Colléeii¥e$ Unrestlb¢tedfvnds J29,686 Ji 51185 529,045 B4 Assets tetsinedfttrtt OÈtsils £hArity'S OWA USE Fund ¢0 whKh asset belongs Cost loptionall CurrntVale(¢pt10nJ Fundta whlch I1*1{ty rel•¢es AMOt¢ lopti¢nall When due loptionill Profeulonql fv•s O¢cnI UnrAstrhct•d Fundi 5iÈnÈd b¥OnÈttrtsiruSrteS on behaOf all the trustees-. &<natu Print Name Date of apprtyil Mldwl.Franci6.P.rende

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examlner's report on the 4¢wunts 5•rtton A Indopendent EKaminerf$ Rtwrt Rtportto the trusteeslmembers 01 DoreEn Greenlee5 OlscretlowyWSJITn OTrKtountsforthA yw ended 11510412025 aitty 1176810 S•t 14 I r•porttoihe trustees on my¢vmlnotloAotth• accounts ofih• atm chwltylh• Trtsst?lorthè yqar¢nd•d 051ts112025. A$ihe ¢h•rltytrurtee$of theTrus¢you •1E re5ponsibleftrthe prepardtion olthè accwnts Inattord•n¢e Wrth th• requirements OF the Ch?rliiesAa 20111.the Acfl. RpDn¥thHltkns•nd tsfrnp I report In r•sp¢etof rnyé%Whlnatlon ofthe TrwY$ oc¢ounts¢8rrfed out underse¢tlon 145 of thè 2011Art arl In carryinaout my exarn5natii)n, I h4vtfdk>w¢d Ihe applkalAe OlrÉtUon$ 8lvETr by the Ch•rJtyComml551on under ge¢tloD (sI{bI of theAct. Independthrt stat•mert I hwe OM¢t¢d mywmlni¢)n. l ¢onfiimth8t no ntt¢rshwè4))meto myattertion In ¢rmhectknn wlth the examlnbiignwhich 8Ne5 ¢auwto bpti¢wthatln, any mjlertsl respect account1 re¢ordswer¢ mt keptln ac¢ordan¢e with sectlon 130of the A¢t or th• Kcountsdo ot I¢rd wlththe Munlln8 re¢ords I have nD corKems should bè dr3wTh I h3ve rne across rK) othr mattars kn corffi8¢lton wththe exanlnatlonts whlth attty0n ertoenable a proper undqrstsndiDgofth¢ Ounts to bo wthed. &Bned: Name,. lor •lifl¢ationl$l or both>t1ll9nyk' Addr 247 Ilmlt•d Sue akhouv gushwfjspark 48S¢Arthport Rood. Ormskirk lants IQR