Wilton Bradley Charitable Trust (A Charitable Incorporated Organisation) CIO registration number: 1188928
ANNUAL REPORT PERIOD ENDED 31 December 2020
WILTON BRADLEY CHARITABLE TRUST ANNUAL REPORT PERIOD ENDED 31 DECEMBER 2020
|CONTENTS||
|---|---|
||Page|
|Trustees' Report|3|
|Independent Examiners Report to the Trustees|6|
|Receipt and Payments Accounts|7|
2
## WILTON BRADLEY CHARITABLE TRUST TRUSTEES' REPORT FOR THE PERIOD ENDING 31 DECEMBER 2020
The Trustees of the Wilton Bradley Charitable Trust are pleased to present this report of the Wilton Bradley Charitable Trust (the Trust) along with the financial statements of the Trust for the period 6[th] April 2020 to 31 December 2020.
The Trustees are satisfied that the financial statements comply with the requirements of the Charities Act 2011, the Charity’s Constitution and the recommendations of the Statement of Recommended Practice. These financial statements have been prepared on the Receipts and Payments Basis.
## Objectives and activities
The Wilton Bradley charitable trust exists to advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time, in particular but not limited to relieve:
- (a) sickness, poverty and financial hardship amongst young people, children and others living or working in South Devon and beyond by, for example, making grants of money or providing or paying for goods, facilities and services; and
- (b) the needs of and increase the opportunities of young people and children living in South Devon and beyond by providing, for example, advice, equipment, assistance and by supporting them in advancing their education and skills.
The donations received to date have been entirely from Wilton Bradley Limited.
## Public benefit
The Trustee Board has complied with the duty in section 4 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission.
## Achievements and performance
During the period to 31 December 2020, there have been no grants paid. The Trust has awarded a number of grants post period end.
## Financial Review
During the period to 31 December 2020, the Trust generated a surplus of unrestricted funds of £100,000.
Receipts totaling £100,000 was received from Wilton Bradley Limited, via donations during the period.
## Risk management
The Trustee Board is committed to the identification and management of the major strategic, business and operational risks which the Trust faces. The Trustee Board is tasked with identifying the likelihood and impact of any risks, together with such actions as may be necessary to mitigate such risks.
## Reserves policy
It is the Trustees' objective that the Trust should maintain a positive level of reserves at all times. Free reserves currently stand at £100,000, which is the bank balance as at 31 December 2020.
3
## WILTON BRADLEY CHARITABLE TRUST
## TRUSTEES' REPORT FOR THE PERIOD ENDING 31 DECEMBER 2020 (continued)
## Plans for the future
We are currently working on building relationships within the community. We have plans to support local initiatives such as a local kids club and a music center providing opportunities for young people. We are also partnering with a local primary school with the intention of supporting any children identified as in need in some way. We will continue to develop our relationships to access those who are in need.
## Structure, Governance and Management
## Governing document
The governing document is the Wilton Bradley Charitable Trust Constitution adopted on 6 April 2020 which became recognised by the Charity Commission when the Trust was registered as a Charitable Incorporated Organisation on 6 April 2020.
## Constitution
The Trust is a Charitable Incorporated Organisation. The members of the Trust are its charity trustees for the time being. If the Trust is wound up, the members of the Trust have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
## Related Parties
Donations into the Trust are made by Wilton Bradley Limited, an entity in which some the Trustees are directors.
## Organisation
The Trustee Board sets and oversees the Trust’s strategy and objectives, monitors its effectiveness, and awards grants.
The Trustee Board meets at least twice a year. In the period covered by this Report, the Trustee Board has met twice.
The Trust has no employees.
## Appointment of Trustees
The Trustees are either directors of Wilton Bradley Limited or friends and family of the directors.
Trustees are appointed by resolution passed at a properly convened meeting of the Trustees. Apart from the first Trustees of the Trust, every Trustee must be appointed for a term of three years. There must be a minimum of 4 trustees and a maximum of 12.
The Trust has not yet adopted any policies for the induction and training of trustees, but these are under active consideration.
4
## WILTON BRADLEY CHARITABLE TRUST
TRUSTEES' REPORT FOR THE PERIOD ENDING 31 DECEMBER 2020 (continued)
## Reference and administration information
|Official name of Charity:|Wilton Bradley Charitable Trust|
|---|---|
|Charity registration number:|1188928|
|Registered Office:|Unit 8|
||Wentworth Road|
||Heathfield Industrial Estate|
||Newton Abbot|
||TQ12 6TL|
|Trustees:|Antony Bradley (Chair)|
||Jennifer Bradley|
||Dawn Bradley|
||Francesca Bradley|
||Pauline Bradley|
||Susan Saunders|
||Leigh Cheetham|
||Wendy Arrowsmith|
|Bankers:|Barclays Bank PLC|
||14 King Street|
||Truro|
||TR1 2RB|
|Independent Examiner:|Neil Hitchings FCA|
||Francis Clark LLP|
||Chartered Accountants|
||Centenary House|
||Peninsula Park|
||Rydon Lane|
||Exeter|
||EX2 7XE|
By order of the Trustee Board
Antony Bradley Chair Wilton Bradley Charitable Trust
27 October 2021
……………………
5
## **Wilton Bradley Charitable Trust**
## **Period ended 31 December 2020**
## **Independent Examiner’s Report to the Trustees of Wilton Charitable Trust**
I report to the Trustees on my examination of the accounts of Wilton Charitable Trust for the period ended 31 December 2020.
## **Responsibilities and basis of report**
As the Charity 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 charity’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 giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
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.
Neil Hitchings FCA Francis Clark LLP Chartered Accountants Centenary House Peninsula Park Rydon Lane EXETER EX2 7XE
27 October 2021
6
**Charity Name No (if any) Wilton Bradley Charitable Trust 1188928 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 06/04/2020 31/12/2020
## **Section A Receipts and payments**
|**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**100,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**100,000**
**-**
**-**
**-**
**100,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**100,000**
**-**
**-**
**100,000**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**
**100,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**100,000**
**-**
**-**
**-**
**100,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**100,000**|**Total funds**
**to the nearest £**
**100,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**100,000**
**-**
**-**
**-**
**100,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**100,000**|**Last year**
**to the nearest £**|
|---|---|---|---|---|---|---|
|Donations|**100,000**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**100,000**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
|**_Sub total_**_(Gross income for_
_AR)_|**100,000**|||**100,000**||**-**|
||||||||
|**A2 Asset and investment sales,**
**(see table).**|||||||
||**-**||**-**
**-**
**-**|**-**|||
||**-**|||**-**||**-**|
|**_Sub total_**|**-**|||**-**||**-**|
|**_Total receipts_**
**A3 Payments**|||||||
||||**-**|**100,000**||**-**|
||||||||
||**-**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
||**-**|||**-**||**-**|
|**_Sub total_ **|**-**|||**-**||**-**|
||||||||
|**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_**|||||||
||||**-**|**-**||**-**|
||||||||
||**100,000**|**-**|**-**|
**100,000**||**-**|
||**-**|**-**|**-**
**-**|**-**||**-**|
||**-**|**-**||**-**||**-**|
||**100,000**|**-**|**-**|**100,000**||**-**|
CCXX R1 accounts (SS)
15/10/2021
1
## **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**
Bank account
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**100,000**
**-**
**-**
**-**
**-**
**-**
**100,000**
**-**
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
A W Bradley
|**Endowment**
**funds**
**to nearest £**|
|---|---|---|---|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**Current value**
**(optional)**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**-**|
||||**When due**
**(optional)**|
|||||
|||||
|||||
|||||
|||||
|||||
||||Date of
approval|
|||A W Bradley
|27 October 2021|
|||||
CCXX R2 accounts (SS)
15/10/2021
2