## **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** |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(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 L*ioII2024 To Period end &te 0510412025 SeciionA fte¢eiptsaThlpa¥ments Vr￿StriCted 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 I49￿13 £ 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 lia￿litIe5atthÈend ￿the pethl ca￿one9 ljnrestricted fuTh* torteorestf Pesirirted furtds to neoresr £ Endowrnentfund5 toneorestE Bl Cash f￿n(￿l Details o(*brokers' A￿￿t titors, CllohtAt¢ount 118.291 9.517 Total cash fuThd& (Ggretbolonces wfth receiptsundwynKnts qmnrfslj £127,808 Agvteffltnteiror Unrestricted f￿n￿$ tone0Tr5t£ Restrirfedfunds roneofestf Endowmentfunds toneurestÉ 92 Other mL*ttsry a55er5 Oetsils 83 lrtvestrnenr p55et$ DerHIL% Fundtowhith asset b￿￿nY 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 Curr*ntVal￿e(¢pt10n*J Fundta whlch I1*￿1{ty rel•¢es AMO￿t￿¢ lopti¢nall When due loptionill Profeulonql fv•s O¢c￿nI UnrAstrhct•d Fundi 5iÈnÈd b¥OnÈttr￿tsiruSrteS on beha￿Of all the trustees-. &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 mywmln*i¢)n. l ¢onfiimth8t no n*tt¢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) oth*r mattars kn corffi8¢lton wththe exanlnatlonts whlth att￿ty0n ertoenable a proper undqrstsndiDgofth¢ ￿￿Ounts to bo wthed. &Bned: Name,. lor •lifl¢ationl$l or both>t1ll9nyk' Addr￿ 247 Ilmlt•d Su*e akhouv gushwfjspark 48S¢Arthport Rood. Ormskirk lants IQR IHARITY COMMISSION FCII ENGiAND MO WALE5 Doreen Greenlees DL%rrettonary WIllTrLtst ReEbtered No.. 1176BIO CC16a Re¢elpts ahd payments accounts Fortht period from L*ioII2024 To Period end &te 0510412025 SeciionA fte¢eiptsaThlpa¥ments Vr￿StriCted funds Resiri£ied fuftds EndLwrnent fund5 to the neurest£ to theneorest£ to thentwesi £ rotsl fvnds to the neorestÉ {￿l¥ear to thetr•rest£ Al Reteipr$ 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 I49￿13 £ 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 lia￿litIe5atthÈend ￿the pethl ca￿one9 ljnrestricted fuTh* torteorestf Pesirirted furtds to neoresr £ Endowrnentfund5 toneorestE Bl Cash f￿n(￿l Details o(*brokers' A￿￿t titors, CllohtAt¢ount 118.291 9.517 Total cash fuThd& (Ggretbolonces wfth receiptsundwynKnts qmnrfslj £127,808 Agvteffltnteiror Unrestricted f￿n￿$ tone0Tr5t£ Restrirfedfunds roneofestf Endowmentfunds toneurestÉ 92 Other mL*ttsry a55er5 Oetsils 83 lrtvestrnenr p55et$ DerHIL% Fundtowhith asset b￿￿nY 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 Curr*ntVal￿e(¢pt10n*J Fundta whlch I1*￿1{ty rel•¢es AMO￿t￿¢ lopti¢nall When due loptionill Profeulonql fv•s O¢c￿nI UnrAstrhct•d Fundi 5iÈnÈd b¥OnÈttr￿tsiruSrteS on beha￿Of all the trustees-. &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 mywmln*i¢)n. l ¢onfiimth8t no n*tt¢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) oth*r mattars kn corffi8¢lton wththe exanlnatlonts whlth att￿ty0n ertoenable a proper undqrstsndiDgofth¢ ￿￿Ounts to bo wthed. &Bned: Name,. lor •lifl¢ationl$l or both>t1ll9nyk' Addr￿ 247 Ilmlt•d Su*e akhouv gushwfjspark 48S¢Arthport Rood. Ormskirk lants IQR