2021-06-07-accounts - The Darkley Trust

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Trustees’ Annual Report for the period

From 08/06/2020 To 07/06/2021

Charity name: The Darkley Trust

Charity registration number: 1187920

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 arts for the public benefit including promoting the arts at all levels, the provision of arts facilities and encouraging high standards of art. The relief or prevention of poverty in Wales and its borders with a particular emphasis towards the support of the homeless.
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	Inviting applications for grants of less than £5000, the trustees meet twice a year to review and provide grants relevant to, and meeting the brief of, the objects and purposes of the trust.
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 taken the Charity Commission’s public benefit guidance into account when making any grant making decision.

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

	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	In this financial year, the trust has made 5 grants totalling £11,888. This was less than anticipated due to the Covid pandemic and lack of applications relevant to the purposes of the trust. The grants include helping to fund community arts projects, helping to provide assistance and facilities to those facing housing problems and homelessness, both which benefit the individuals involved and the wider community.

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	The balance of the trust’s bank account at the financial year end is £140,292. The trust has no other assets or liabilities.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	n/a
Amount of reserves held	Para 1.22	n/a
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
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

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	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	Apart from the first trustees, every trustee must be appointed by a resolution of the trustees passed at a special meeting. In selecting individuals for appointment as trustees, there must be regard to the skills, knowledge and experience needed for the effective administration of the charity.

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
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	The Darkley Trust
Other name the charity uses
Registered charity number	1187920
Charity’s principal address	80 Sophia Walk Cardiff CF119LE

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Samantha Maskrey	Chair/trustee
Sarah Bowie	Secrustee
Tim Rees-Evans	Trustee
Michele Maskrey	Trustee
Alun Rhys Jenkins	Trustee	21/05/2021-07/06/2021

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	) )Michele Maskrey Trustee 05/04/2022

The Darkley Trust			1187920
Receipts andpayments accounts				CC16a
For the period from	08/06/2020	To	07/06/2021

Section A Receipts and payments

A1 Receipts	Unrestricted funds to the nearest £ 100,000 - - - - - - - 100,000 - - - 100,000 11,888 - - - - - - - - 11,888 - - - 11,888 88,112 - 52,180 140,292	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 100,000 - - - - - - - 100,000 - - - 100,000 11,888 - - - - - - - - 11,888 - - - 11,888 88,112	Last year to the nearest £
Donations	100,000				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	100,000				-

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					-

Grantspaid	11,888				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	11,888				-

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*
					-

	88,112	-	-	88,112	-
	-	-	-	-	-
	52,180	-	-	52,180	-
	140,292	-	-	140,292	-

CCXX R1 accounts (SS)

07/04/2022

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 Details Details Cash at bank Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Details	Unrestricted funds Restricted funds to nearest £ to nearest £ 140,292 - - - - - 140,292 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Michele Maskrey	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
			-
			-
			-
			-
			-
			When due (optional)






			Date of approval
		Michele Maskrey	05/04/2022

CCXX R2 accounts (SS)

07/04/2022

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of On accounts for the year ended e?1061202 ccxx 01-QL Charity no (If any) 1I*7fi2 Set out on pages I reFQrt to the trustees on my examination of the accounts of the abova charity (Yhe Trusf) for the year ended Responslbllltles and As the charlty trustees of the Trust. you are responsible for the pr8paration bas18 of report of the accounts in accordance with the requirements of the Charities Act 2011 ("the Acr). I report in respact of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5}(b) of the ACL I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ') in connection with the examination which gives me cause to believe that in. any material respect: accounting records were not kept in accordance wllh sectlon 130 of the Act or the accounts do not accord with the accounting records Independent examinarfs statement I have no concems and have come across no other matters In connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. ' Ploase delete the words in the brackets rfthey do not apply. Slgned: Date: 2L Name: PAW (ljtk Relovant professlonal quallficatlon(s) or body (if any).. Address: iuL C USKFf CF IER October 2018