## **Trustees’ Annual Report for the period**
# **From 01/01/2021 To 31/12/2021**
**Charity name: Glencroft Properties Charity registration number: 1180983**
## **Objectives and Activities**
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SORP reference
Summary of the Para 1.17 The advancement of the Christian
purposes of the charity faith in
as set out in its accordance with the Basis of Faith,
governing document 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 Para 1.17 and Make grants to individuals
1.19
activities in relation to Make grants to organisations
those purposes for the Provide buildings/facilities/open space
public benefit, in
particular, the activities,
projects or services
identified in the
accounts.
Statement confirming Para 1.18 Yes
whether the trustees
have had regard to the
guidance issued by the
Charity Commission on
public benefit
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related
investment Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
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SORP reference
Making donations to Glencroft Church
to assist in funding a children’s
worker
Summary of the main
Para 1.20
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.
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
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other
## **Financial Review**
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Review of the charity’s Para 1.21 The charity is in a stronger financial
financial position at the position, ready to begin making
end of the period grants.
There are no debts and no
outstanding
liabilities.
Statement explaining Para 1.22 Reserves are held for the
the policy for holding maintenance and
reserves stating why renovation of flats.
they are held
Amount of reserves held Para 1.22 £60,027
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 None
uncertainties about the
charity continuing as a
going concern
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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## **Structure, Governance and Management**
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Description of charity’s
trusts:
Type of governing Para 1.25 Trust deed
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25
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
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## **Additional information (optional)**
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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## **Reference and Administrative details**
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Charity name Glencroft Properties
Other name the charity None
uses
Registered charity 1180983
number
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Charity’s principal 7 Baddeley Drive
address Wigston Leics
LE18 1BF
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## **Names of the charity trustees who manage the charity**
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 John Kirby
2 Simon Chandler
3 John Shepherd
4 Simon Brown
5 Peter Densham
6 Philip Leeson
7 Jonathan Hutton
8 Paul Whalley
9 John Eardley
10 Jason Duffin
11
12
13
14
15
16
17
18
19
20
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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
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Trustee name Dates acted if not for
whole year
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**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 Name Address adviser**
**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)** John Shepherd
**Position (eg** Trustee **Secretary, Chair, etc)**
**Date** 28/10/2022
**Charity Name N Glencroft Properties 1**
## **Receipts and payments acco**
Period start date
**For the period To from** 01/01/2021
## **Section A Receipts and payments**
**Unrestricted Restricted Endowment funds funds funds**
**to the nearest £**
**to the nearest £**
## **to the nearest £**
## **A1 Receipts**
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Rent received 44,262 - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
44,262 - -
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - -
- - -
Sub total - - -
Total receipts 44,262 - -
A3 Payments
Repairs & maintenance 5,968 - -
Cleaning 4,312 - -
Power 718 - -
Insurance 675 - -
Donations 21,250 - -
Legal & professional fees - - -
- - -
- - -
- - -
Sub total 32,923 - -
A4 Asset and investment
purchases, (see table)
- - -
- - -
Sub total - - -
Total payments 32,923 - -
Net of receipts/(payments) 11,339 - -
A5 Transfers between funds - - -
A6 Cash funds last year end 48,688 - -
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_**Cash funds this year end**_ **60,027 - -**
## **Section B Statement of assets and liabilities at the end of**
||||**Unrestricted**|
|---|---|---|---|
|**Categories**|**Details**||**funds**|
|**B1 Cash funds**|Cash at bank
Flat management account
**_Total cash funds_**||**to nearest £**
**51,222**
**8,805**
**-**
**60,027**|
||(agree balances with receipts and payments
account(s))||OK|
||||**Unrestricted**|
||||**funds**|
|**B2 Other monetary assets**|**Details**||**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|
||||**Fund to which**|
|**B3 Investment assets**|**Details**||**asset belongs**
**Fund to which**|
|**B4 Assets retained for the**|**Details**
Building||Trust
**asset belongs**|
|**charity’s own use**|||**Fund to which**|
|**B5 Liabilities**|**Details**||**liability relates**|
Signed by one or two trustees on behalf of all the trustees
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|||
|---|---|
|Signature|Print N|
|John She|
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**o (if any) 180983**
## **ounts**
## **CC16a**
Period end date 12/31/2021
## **Total funds**
## **Last year**
## **to the nearest £**
## **to the nearest £**
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44,262 47,264
- -
- -
- -
- -
- -
- -
- -
44,262 47,264
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-
- -
- -
44,262 47,264
5,968 20,819
4,312 -
718 -
675 -
21,250 5,556
- 720
- -
- -
- -
32,923 27,095
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-
-
- -
32,923 27,095
11,339 20,169
- -
48,688 28,519
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60.027
48,688
## **the period**
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Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
OK OK
Restricted Endowment
funds funds
to nearest £ to nearest £
- -
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
Current value
Cost (optional)
(optional)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Amount due When due
(optional) (optional)
-
-
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-
-
-
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Date of
Name
approval
epherd 10/28/2022
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## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/ members of**
Charity Name Glencroft Properties Trust
**On accounts for the year ended**
31 December 2021
**Charity** 1180983 **no (if any)**
**Set out on pages** 1-2
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2021.
## **Responsibilities and basis of report**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come 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.
**Signed: Date:** 27/10/2022 **Name:** Joanna Mulholland
**Relevant** CIMA qualified
1
**Oct 2018**
**IER**
## **professional qualification(s) or body (if any):**
**Address:** 1 Avebury Avenue Leicester LE4 0FQ
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
2
**Oct 2018**
**IER**