**REGISTERED CHARITY NUMBER: 1189505**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 March 2022**
## **for**
## **The Ellie Trust**
Douglas Fairless Partnership Seymour Chambers 92 London Road Liverpool Merseyside L3 5NW
**The Ellie Trust**
## **Contents of the Financial Statements for the Year Ended 31 March 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Cash Flow Statement**||6||
|**Notes to the Cash Flow Statement**||7||
|**Notes to the Financial Statements**|9|to|12|
|**Detailed Statement of Financial Activities**||13||
**The Ellie Trust**
## **Report of the Trustees for the Year Ended 31 March 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objectives of The Ellie Trust are the preservation and protection of the mental and physical health of women and children who have suffered domestic violence and the prevention of hardship and distress to women and children by domestic violence by grant making to charities and organisations who are currently helping these objectives in the Liverpool and Merseyside region
## **Significant activities**
The Trust will use its' resources to enable the objectives to be met through;
1. Conducting and promoting research
2. Providing advice
3. Publishing and distributing information
4. Co-operating with other bodies
5. Supporting, administering existing organisations
6. Raising funds
7. Making of grants and loans and the issuing of guarantees.
8. To do anything else within the law which promotes or helps to promote the objectives
## **Grantmaking**
All grants will only be made to charities or organisations working who address the physical and mental health needs of women and children who suffer domestic abuse or currently provide a refuge for women and children who suffer domestic abuse.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1189505
**Principal address** 23 Goodlass Road Hunts Cross Liverpool Merseyside L24 9HJ
## **Trustees**
N Hogan P R Clark S D Welton Mrs A Welton-Lang D C Globe
## **Independent Examiner**
Douglas Fairless Partnership Seymour Chambers 92 London Road Liverpool Merseyside L3 5NW
Page 1
**The Ellie Trust**
## **Report of the Trustees for the Year Ended 31 March 2022**
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... S D Welton - Trustee
Page 2
## **Independent Examiner's Report to the Trustees of The Ellie Trust**
## **Independent examiner's report to the trustees of The Ellie Trust**
I report to the charity trustees on my examination of the accounts of The Ellie Trust (the Trust) for the year ended 31 March 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust 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 Act and in carrying out my examination I have followed all 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 Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do 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.
Douglas Fairless Partnership Seymour Chambers 92 London Road Liverpool Merseyside L3 5NW
Date: .............................................
Page 3
## **The Ellie Trust**
## **Statement of Financial Activities for the Year Ended 31 March 2022**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Investment income
3
**Total**
**EXPENDITURE ON**
**Charitable activities**
4
Domestic Violence Support Grant Scheme
Other
**Total**
Net gains/(losses) on investments
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Year Ended
31.3.22
Unrestricted
fund
£
52,358
22,713
75,071
67,330
7,025
74,355
(109,808)
(109,092)
2,428,159
2,319,067|Period
15.5.20
to
31.3.21
Total
funds
£
2,430,891
-|
|---|---|---|
|||2,430,891|
|||-
2,732|
|||2,732|
|||-|
|||2,428,159
-|
|||2,428,159|
The notes form part of these financial statements
Page 4
## **The Ellie Trust**
## **Balance Sheet 31 March 2022**
|Notes
**FIXED ASSETS**
Investments
9
**CURRENT ASSETS**
Cash at bank
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
10
Unrestricted funds
**TOTAL FUNDS**|31.3.22
Unrestricted
fund
£
2,205,950
113,117
113,117
2,319,067
2,319,067
2,319,067
2,319,067|31.3.21
Total
funds
£
-
2,428,159|
|---|---|---|
|||2,428,159|
|||2,428,159|
|||2,428,159|
|||2,428,159|
|||2,428,159|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. S D Welton - Trustee
The notes form part of these financial statements
Page 5
## **The Ellie Trust**
## **Cash Flow Statement for the Year Ended 31 March 2022**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating activities
**Cash flows from investing activities**
Purchase of fixed asset investments
Dividends received
Net cash (used in)/provided by investing activities
**Change in cash and cash equivalents in**
**the reporting period**
**Cash and cash equivalents at the**
**beginning of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|Year Ended
31.3.22
£
(21,997)
(21,997)
(2,293,045)
22,713
(2,270,332)
(2,292,329)
2,428,159
113,117|Period
15.5.20
to
31.3.21
£
2,428,159|
|---|---|---|
|||2,428,159|
|||-
-|
|||-|
||||
|||2,428,159
-|
|||2,428,159|
The notes form part of these financial statements
Page 6
**The Ellie Trust**
## **Notes to the Cash Flow Statement for the Year Ended 31 March 2022**
|**1.**|**RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM**|**RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM**|**OPERATING**|**ACTIVITIES**|
|---|---|---|---|---|
|||||Period|
|||||15.5.20|
||||Year Ended|to|
||||31.3.22|31.3.21|
||||£|£|
||**Net (expenditure)/income for the reporting period (as per the Statement**||||
||**of Financial Activities)**||(109,092)|2,428,159|
||**Adjustments for:**||||
||Losses on investments||109,808|-|
||Dividends received||(22,713)|-|
||**Net cash (used in)/provided by operations**||(21,997)|2,428,159|
|2.|**ANALYSIS OF CHANGES IN NET FUNDS**||||
|||At 1.4.21|Cash flow|At 31.3.22|
|||£|£|£|
||**Net cash**||||
||Cash at bank|2,428,159|(2,315,042)|113,117|
|||2,428,159|(2,315,042)|113,117|
||**Total**|2,428,159|(2,315,042)|113,117|
The notes form part of these financial statements
Page 7
**The Ellie Trust**
## **Error Messages from the Cash Flow Statement for the Year Ended 31 March 2022**
** CURRENT YEAR - MOVEMENT IN CASH AND CASH EQUIVALENTS AS CALCULATED IN CASH FLOW STATEMENT DOES NOT AGREE TO MOVEMENT PER BALANCE SHEET COMPARE MOVEMENT ON CASH FLOW STATEMENT (2,292,329)
TO MOVEMENT PER BALANCE SHEET CASH AND CASH EQUIVALENTS
(2,315,042)
**The Ellie Trust**
## **Notes to the Financial Statements for the Year Ended 31 March 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. DONATIONS AND LEGACIES**
## **3.**
|Legacies
**INVESTMENT INCOME**
Other fixed asset invest - FII|Year Ended
31.3.22
£
52,358
Year Ended
31.3.22
£
22,713|Period
15.5.20
to
31.3.21
£
2,430,891|
|---|---|---|
|||Period
15.5.20
to
31.3.21
£
-|
Page 9
continued...
**The Ellie Trust**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **4. CHARITABLE ACTIVITIES COSTS**
|**CHARITABLE ACTIVITIES COSTS**||||
|---|---|---|---|
||||Grant|
||||funding of|
||||activities|
||||(see note|
||||5)|
||||£|
|Domestic Violence Support Grant||||
|Scheme|||67,330|
|**GRANTS PAYABLE**||||
||||Period|
||||15.5.20|
|||Year Ended|to|
|||31.3.22|31.3.21|
|||£|£|
|Domestic Violence Support Grant Scheme||67,330|-|
|**SUPPORT COSTS**||||
|||Governance||
||Finance|costs|Totals|
||£|£|£|
|Other resources expended|70|6,955|7,025|
## **5. GRANTS PAYABLE**
## **6.**
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the period ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the period ended 31 March 2021.
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
Other
**NET INCOME**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
2,430,891|
|---|---|
||2,732|
||2,428,159|
||2,428,159|
Page 10
continued...
**The Ellie Trust**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **9. FIXED ASSET INVESTMENTS**
|**MARKET VALUE**
Additions
Revaluations
At 31 March 2022
**NET BOOK VALUE**
At 31 March 2022
At 31 March 2021
There were no investment assets outside the UK.
Cost or valuation at 31 March 2022 is represented by:
Valuation in 2022
Cost
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
75,071
**TOTAL FUNDS**
75,071|At 1.4.21
£
2,428,159
2,428,159
Resources
expended
£
(74,355)
(74,355)||Net
movement
in funds
£
(109,092)
(109,092)
Gains and
losses
£
(109,808)
(109,808)|Listed
investments
£
2,293,045
(87,095)
2,205,950
2,205,950
-
Listed
investments
£
(87,095)
2,293,045
2,205,950
At
31.3.22
£
2,319,067
2,319,067
Movement
in funds
£
(109,092)
(109,092)|
|---|---|---|---|---|
||||||
||||||
## **10. MOVEMENT IN FUNDS**
Page 11
continued...
**The Ellie Trust**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022**
## **10. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**TOTAL FUNDS**
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
2,430,891
**TOTAL FUNDS**
2,430,891|Net
movement
in funds
£
2,428,159
2,428,159
Resources
expended
£
(2,732)
(2,732)|At
31.3.21
£
2,428,159|
|---|---|---|
|||2,428,159|
|||Movement
in funds
£
2,428,159|
|||2,428,159|
## **11. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
Page 12
## **The Ellie Trust**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2022**
|Year Ended
31.3.22
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Legacies
52,358
**Investment income**
Other fixed asset invest - FII
22,713
**Total incoming resources**
75,071
**EXPENDITURE**
**Charitable activities**
Grants to institutions
67,330
**Support costs**
**Finance**
Bank charges
70
**Governance costs**
Professional fees
6,955
Legal fees
-
6,955
Total resources expended
74,355
**Net income**
716|Period
15.5.20
to
31.3.21
£
2,430,891
-|
|---|---|
||2,430,891
-
32
-
2,700|
||2,700|
||2,732|
||2,428,159|
This page does not form part of the statutory financial statements
Page 13