## **Trustees’ Annual Report for the period**
**From Period start date To Period end date**
## **Charity name:**
## **Charity registration number:**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The advancement of the Christian faith in
accordance with the Basis of Faith, primarily,
but not exclusively, within Leicestershire and
the surrounding area; and such other charitable
purposes, as shall in the opinion of the charity
trustees, facilitate the work of the charity,
provided that such purposes must be carried
out in a manner consistent with the Basis of
Faith.|
|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|Make grants to individuals
Make grants to organisations
Provide buildings/facilities/open space|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Yes|
**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|The charity is still in its infancy, is now well
placed to begin offering grants in support of
its aims.|
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity is in a stronger financial
position, ready to begin making grants.
There are no debts and no outstanding
liabilities.|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Reserves are held for the maintenance and
renovation of flats.|
|Amount of reserves held|Para 1.22|£30,000|
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|none|
## **Structure, Governance and Management**
|Description of charity’s
trusts:||There is one trust holding the property of
the charity.|
|---|---|---|
|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|CIO|
|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||
## **Reference and Administrative details**
|Charity name|Glencroft Properties|
|---|---|
|Other name the charity uses|none|
|Registered charity number|1180983|
|Charity’s principal address|7 Baddeley Drive
Wigston Leics
LE18 1BF|
|||
## **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|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||John Kirby||||
||Simon Chandler||||
||John Shepherd||||
||Simon Brown||||
||Peter Densham||||
||PhilipLeeson||||
||Jonathan Hutton||||
||Paul Whalley||||
||John Eardley||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
## – Corporate trustees names of the directors at the date the report was approved
**Director name** Jason Duffin
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
## **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)** John Shepherd **Position (eg Secretary, Chair, etc) Date** 30/10/21
|||**No (if any)**|||
|---|---|---|---|---|
|**GLENCROFT PROPERTIES TRUST**||**1180983**|||
|**Receipts and payments accounts**||||**CC16a**|
|Jan-20
**For the period**
**from**|**To**|Dec-20|||
|**Section A Receipts and payments**|**Section A Receipts and payments**||||||
|---|---|---|---|---|---|---|
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**47,265**
**13,819**
**-**
**-**
**-**
**-**
**-**
**-**
**61,084**
**-**
**-**
**-**
**61,084**
**20,818**
**5,556**
**720**
**-**
**-**
**-**
**-**
**-**
**-**
**27,094**
**-**
**-**
**-**
**27,094**
**33,990**
**-**
**13,819**
**47,809**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**47,265**
**13,819**
**-**
**-**
**-**
**-**
**-**
**-**
**61,084**
**-**
**-**
**-**
**61,084**
**20,818**
**5,556**
**720**
**-**
**-**
**-**
**-**
**-**
**-**
**27,094**
**-**
**-**
**-**
**27,094**
**33,990**||**Last year**
**to the nearest £**|
|Rents|**47,265**|||||**14,700**|
|Balance Brought Forward|**13,819**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|
**61,084**|||||**14,700**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
||**-**||||||
||**-**|||||**-**|
|**_Sub total_**|**-**|||||**-**|
|**_Total receipts_**
**A3 Payments**|||||||
|||||||**14,700**|
||||||||
|
Repair & Maintenance of Flats|**20,818**|||||**-**|
|Charitable Giving|**5,556**|||||**-**|
|Payment to Solicitor|**720**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**27,094**|||||**-**|
||||||||
|**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_**|||||||
|||||||**-**|
||||||||
||**33,990**|**-**|
**-**|
**33,990**||**14,700**|
||**-**|**-**|**-**|**-**||**-**|
||**13,819**|**-**|**-**|**13,819**||**-**|
||**47,809**|**-**|
**-**|**47,809**||**14,700**|
CCXX R1 accounts (SS)
29/10/2021
1
|**Section B Statement of assets and liabilities at**|**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
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
None
**Details**
**Details**
Building
Current Account
Flats management account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
None
**Details**
None|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**39,480**
**-**
**9,910**
**-**
**-**
**-**
**49,390**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
Trust
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
John Shepherd|**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**700,000**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||John Shepherd|28/10/2021|
|||||
CCXX R2 accounts (SS)
29/10/2021
2
Independent examiner's report on the
accounts
Section A
Independent Examiner's Report
Report to the Irusteesl
members of
GLENCROFT PROPERnES TRUST
On accounts for the year
ended
31" December 2020
Charlty no
{rf any}
1180983
Set out on pages
I rewrt to the trustees on my examination of the accounts of the above
charity ('the Trust") for the year ended 31112 12020.
Responslbilities and
basis of report
As the charttys tmstees, you are responsible for the preparation of the
accounts in accordan wtlh the requirements of the Charities Act 2011
(e Acr).
I report in respect of my examination of the Trust's accounts carried out
under section 145 ofthe 2011 Act and in carrying out my examination. I
have followed all the applicable Directions given by the Charity Commission
under section 145151(b) of the Act.
Independent I have completed my examination. I confimi that no material matters have
examiner's statement come to my attention in connection with the examination (other than that
disclosed below") which gives me cause to believe that in, any material
respect:
the accounting records were not kept in accordan with section 130
of the Charities Act. or
the acctjunts did not accord with the accounting records. or
the accounts did not comply with the applicable requirements
conceming the fomi and content of accounts set out in the Charities
{Aco)unts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not a matter
considered as part of an independent exafflination.
I have no o)ncems and have (x)me across 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.
Please delete the WolS in the brackets if they do not apply.
Signed:
Date:
28110121
Name:
Joanna Mulholland
Relevant professional
quallllcation(s) or body
{if any}:
CIMA qualified
Address:
TEK4, Whitle Place, Rose Way. Blaby, LeIStershire, LE8 4BY
IER
Oct 2018
Section B
Disclosure
Only complete if the examiner needs lo highlight material matters of concern
(see CC32, Independent examinats'on of charity accounts: directions and
guidance for examiners).
Give here brief details of
any iterns that the
examiner wishos to
disclose.
Nla
IER
Oct 2018