Trustees’ Annual Report for the period
From 1[st] January 2021 Period start date To 31 December 2021 Period end date Charity name: Valentine Goodman and Great Easton Poors Charity Estates
Charity registration number: 1187180
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The purpose of the Charity is for the relief of poverty within the parishes of Great Easton, Bringhurst, Drayton, Medbourne, Blaston and Hallaton in Leicestershire. |
| 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 |
The Trustees make grants to local Charities within the parishes specified. |
| 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 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 | Grants are made annually following guidelines set out in the original Will Trust created by Valentine Goodman in 1685. |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
| Contribution made by volunteers |
Para 1.38 | All Trustees are volunteers giving their time freely. |
| 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 | The Charity achieves its objectives by continuing to support the local Parish Charities working for the relief of poverty. The level of need in the Parishes has been increasing due to pressures of the cost of living increases. The grants available to help those most in need make a real difference to their lives. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | At the year end the Charity held considerable cash reserves following the sale of a property during the previous year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The assets of the Charity are holdings of agricultural land. The Trustees are looking to reinvest the reserves in suitable agricultural land and/ or residential property. The rental income will aid the Parish beneficiaries and assist in the sustainability of the Charity, |
| Amount of reserves held | Para 1.22 | Capital reserves at the year end were £352,721. The balance on the income account was £44,596 |
| 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 |
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 Charity’s principle source of funds is from the letting of agricultural land and property. |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other | It is the intention to invest the capital reserves in land and property when a suitable investment opportunity can be found. |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| 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 | The Charity is a CIO incorporated on 2 January 2020. |
| 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 | Trustees are nominated by each of the Parishes benefiting from the CIO |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
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 | New Trustees are issued with the Charity Commission publication “The Essential Trustee” and complete a Trustee declaration. |
| 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 details
| Charity name | Valentine Goodman and Great Easton Poors Charity Estates |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1187180 |
| Charity’s principal address | Mole End High Street Hallaton MARKET HARBOROUGH Leicestershire LE16 8UD |
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) |
|---|---|---|---|---|
| Linda Jones | Chair | Appointed Chair on 7 September 2021 |
||
| Simon Cooper | ||||
| Lynne Easton | ||||
| KathyGibb | 7 September 2021 | |||
| Christopher Kilby | ||||
| Nicola Maclean | ||||
| Laurie Smith | ||||
| John Stones | ||||
| Greta Vizma | ||||
– 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)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Clerk to the Trustees |
Julia Whittome | Mole End High Street Hallaton MARKET HARBOROUGH Leicestershire LE16 8UD |
| 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 |
||
|---|---|---|
| Linda Jones | ||
Chair |
||
| 11 October 2022 | ||
| 11 October 2022 |
VALENTINE GOODMAN ESTASTES
BANK
JAN TO MARCH 2021
EXPENDITURE
HSBC 16/03/2021 Berrys Client Account £1,700.00 16/03/2021 Berrys Client Account £255.00 29/03/2021 Berrys Client Account £1,441.60 CCLA 04/01/2021 Interest £0.56 01/02/2021 Interest £0.31 01/03/2021 Interest £0.43 CAF MHBS TOTAL £3,397.90 APR TO JUNE 2021 HSBC 09/04/2021 Berrys Client Account £296.25 CCLA 01/04/2021 Interest £0.46 04/05/2021 Interest £0.43 01/06/2021 Interest £0.50 CAF
CAF 15/01/2021 Account Fee £8.00 15/02/2021 Account Fee £8.00 15/03/2021 Account Fee £8.00 £24.00
CAF
| 15/04/2021 Account Fee | £8.00 | |||
|---|---|---|---|---|
| 17/05/2021 Account Fee | £8.00 | |||
| 15/06/2021 Account Fee | £8.00 | |||
| MHBS | ||||
| TOTAL | £297.64 | £24.00 | ||
| JUL TO SEPT 2021 | ||||
| HSBC | HSBC | |||
| 16/09/2021 Berrys Client Account | £1,700.00 | 01/07/2021 Comm Heartbeat Blast | £39.00 | |
| 30/09/2021 Berrys Client Account | £2,440.34 | 02/08/2021 Leics Council Jane Moo | £175.00 | |
| 30/09/2021 Berrys Client Account | £296.25 | 09/09/2021 Berrys | £693.00 | |
| 30/09/2021 Berrys Client Account | £1,441.60 | |||
| CCLA | ||||
| 01/07/2021 Interest | £0.49 | |||
| 02/08/2021 Interest | £0.58 | |||
| 01/09/2021 Interest | £0.48 | |||
| CAF | CAF | |||
| 15/07/2021 Account Fee | £8.00 | |||
| 16/08/2021 Account Fee | £8.00 | |||
| 15/09/2021 Account Fee | £8.00 | |||
| MHBS | ||||
| TOTAL | £5,879.74 | £931.00 | ||
| OCT TO DEC 2021 | ||||
| HSBC | HSBC | |||
| 14/10/2021 Berrys | £303.60 | |||
| 29/11/2021 VGC Hallaton | £600.00 |
| 29/11/2021 | VGC Medbourne | £600.00 |
|---|---|---|
| 29/11/2021 | Trst VG Estate | £900.00 |
| 06/12/2021 | C Frostwisk/Clerk Exp | £343.00 |
| CCLA | |||
|---|---|---|---|
| 01/10/2021 Interest | £0.49 | ||
| 01/11/2021 Interest | £0.48 | ||
| 01/12/2021 Interest | £0.48 | ||
| CAF | CAF | ||
| 15/10/2021 Account Fee | £8.00 | ||
| 15/11/2021 Account Fee | £8.00 | ||
| 15/12/2021 Account Fee | £8.00 | ||
| MHBS | |||
| TOTAL | £1.45 | £2,770.60 | |
| INCOME TOTALS | £9,576.73 | EXPENDITURETOTAL | £3,749.60 |