CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 0110112023 To 3111212023 Charity name: Glencroft Properties Charity reglstratlon number: 1180983 Objectives and Activities SORP reference Summary of the purposes of the chaflty as set out in its governing document Para1.17 The advancement of the Christian faith in accordance wilh 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 consislenl with the Basis of Faith. Make grants to individuals Make grants to organisalions Provide buildingslfacililieslopen space Summary ofthe main aclivities in relation to those purposes for the public benefrt, in particular, the activities, projects or services identified in the accounts. Statement confimiing whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.17 ar 1.19 Para1.18 Additional Infomiatlon (optional) You ma choose to include further statements where relevant about.. SORP referen 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 SORP referenc Making donations lo Glencroft Church to assist in funding a children's W0￿er Summary oflhe main achievements ofthe charity. identifying the differen￿ the charity's work has made to the circumstances of its beneficiaries and any wider benefrts to society as a whole. Para 1.20 Additional infom)ation (optional) You ma choose lo include further stalements where relevant about-. Achievements against objectives set Para 1.41 Perfomiance of fundraising activities against objectives sel Para 1.41 Investment perfolman against objectives Para 1.41 Other 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 continue supporting children's worker al Glencroft Chur¢h and consider making other grants. There are no debts and no outstanding Statement explaining the policy for holding reserves statin are held Amount of reseNes held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the chaiity continuing as a going concem Para 1.22 Reserves are held for the maintenance and renovation of flats. Para 1.22 £82.188 NIA Para 1.22 Para 1.24 NIA Para 1.23 None Additional infomiatlon (optional) You ma choose to include further statements where relevant about.. The charity's principal sources of funds {including any fundraising) Para 1.47 Investment policy and objectives including any social inveslmenl policy adopted Para 1.48 A description of the principal risks facing the charity Pgra 1.46 Other Structure, Governance and Management Description of charity's Irusls-. Type of governing documenl Iriisi de¢d. ro 95 ch¢rler How is the charity constituted? le.o unincorporated association 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 Part 1.25 Trust deed Para 1.25 cio Para 1.25 Additional information loptlonall Youm chi)ose to include further statements where relevant about.. Policies and procedures adopted for Ihe induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative detalls Charit name other name the chari uses istered chari number Charity's principal address Glencroft Pro None 1180983 7 Baddeley Drive Wigslon Leics LE18 1BF erties Narnes of the charlty trustees vtho manag• the charity Dates acted if not for whole ear Trustee nam& Office Ilf any) Name of person lor body) entlded olnt trustee Ifan John Kirby Simon Chandler John Shepherd Simon Brown Peter Densham Philip Leeson Jonathan Hutton Paul Whalley John Eardley Jason Duffin Cor orate trustees- names of the directors at the date the re ortwasa roved Director name Name of trustees holding title lo propety belonging to the charity Trustee name Dat05 acted if not for whole ear Funds held as custodian trustees on behalf of others Description of the assets held in this capacty 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 Ihe charity's own assets Additional infomiation (optional) Names and addresses of advisers (Optional InfO￿atIOn Type of Name Address adviser Name of chief executive or names of senior stsff members (Optional Information} Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other o tional information Declarations Th• trustees declare that they havg approved the trustees. report above. Signed on behalf of the ¢harity's trustees Signaturelsl Full name{s) Position leg Secretary. Chalr, etcl John Shepherd Trustee Date CHARITY COMMISSION FOR ENGIANO AND WALES charlty Name Gloocroft Propor￿0$ No Ilf any) 1180983 Receipts and payments accounts CC16a For the period from Period start date Perlod end date 31112f2023 To 0110112023 Section A Receipts and payments Un￿strICted fund5 tothg ngar••t Restricted funds Endowment lund$ Total iunds Las¢ year lothe noaroSt£ totho n•Argst£ toth• n•AY•st£ toth• n•*iH*t£ A1 Recei Renirecthv¢d 49,472 60,187 Sub total(Gross income for AR) A2 Asset and Investment $ale$, 1$ge tablel. 49.472 49,472 SO.187 Sub tool 49,472 49,472 00,187 A3P ments Repairs & maintenan Cleanin9 P¢wor Insurance Donatlonj Softv4art costs Rates Aanaoèmantfe& 8.004 6.517 642 837 I,OD4 5,617 542 837 17￿08 15.947 5.537 724 794 17.S08 226 186 2A71 Sub total 34,960 34,980 42,518 A4 Asset and Inve$tm¥nt purchases. Isee table) Sub total rotalpaym•nts 34,980 34980 42.518 Net ofrecelpts/(paym•ntsJ AS Transfers between lunds A6 Cash lunds last year end Cash funds thls y8ar ènd 14,492 14,492 7,869 67,696 81188 67,696 82,188 60.027 67.696 CCXX R1 aecounts {SSI 2111012024 Section B Statement of assets and liabil*ties at the end of the period Unro$tri¢t$d funds to n•4r•g1£ Rèstrictad lund$ to ng4r•5tE Endowmenl funds to n•ar•Bt£ Categorie5 D8talls B1 Cash funds CJEh •tbJnk 77,179 Fk3t rnanagemenl Total cash funds 82,188 paym&rrt¥ OK Re5trtct• funds to ne4rMt£ OK Endowm•nt funds Unr8Strl¢ted funds to near•8t£ D•tail$ F￿Thd towhlch a58et belo Currwn¢valu4 Details Co•t lopUonal} Fund towhkh 4ss•t ￿On Detail¥ Cost lopuonall Curr•nt val￿* B4 Assets retalned for the charlty's own use to whlch r•l•tg• rnouTht du• onil Wh•rJ duo Details 85 Liabiliti•s SvJned by ane orh¥o Iru51ee$on behaff of al the Itustees nature Print Name Date of val cc￿ R2 aL£ounis ISSI 21110r2024 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees Glencroft Properties On accounts for the yoar ended 3111212023 Charity no (if any) 1180983 Set out on pages I report lo the trustees on my examination of the accounts of the above charity {'Ihe Trust") for the year ended 3111212023. Responsibilities and basis of report As the charity's Iruslees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {"Ihe 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 Chartty Commission under section 14515llbl of Ihe Act. Independent I have completed my examination. I confimi that no material matters have examinerfs statement come lo my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe Ihat in, any rnaterial 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 Ihe Charilies (Accounts and Reports) Regulations 2008 other than any requirement thal 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 lo enable a proper understanding of the accounts lo be reached. Please delete the words in the brackets rfthey do not 8ppIy. Signed". Date: Name: V> Relevant professional qualrfication(s} or body lif anyl-. FCA Address: ¥pr 14A¢L￿)￿r LLIC< . IER Oct 2018 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 examinersl- Give here brief details of any items thatthe examiner wishes to disclose. IER Oct 2018