## **Trustees’ Annual Report for the period** ## **From: 1 January 2021 To 31 December 2022** ## **Charity name: Gresham Benevolent Fund** ## **Charity registration number: 1192072** ## **Objectives and Activities** |**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 Gresham Benevolent Fund
(GBF) is to offer support, by loan, grant,
financial gift or services in kind, to people
referred to the charity who find themselves in
imminent or actual need.| |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 GBF is still a relatively new charity and as
such has concentrated mostly on raising funds
through its activities. The Charity has organised
events and a 100 Club to this end. The funds
raised are shown in the accounts. The trustees
have held regular meetings and these are
minuted and records of attendance are
maintained by the Chairman.| |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
issued by the Charity Commission to ensure
that the GBF works for the public benefit. No
Trustee has received any financial reward or
reimbursement of expenses for their work for
and on behalf of the charity.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Policy on grant making|Para 1.38|The GBF has a comprehensive policy on
grant making through a system of referral
and application form. Each application is
examined by Trustees individually and then
discussed in a forum. There is a system of
using scaled indicators for each Trustee to
make their own recommendation.| |Policy on social investment
including program related
investment|Para 1.38|The GBF is considering how to create a
network in order to offer small grants to
disadvantaged young people in need who
wish to train in the City of London but need
support. The GBF is also investigating the| |||provision of support for nurses taking
examinations.| |---|---|---| |Contribution made by
volunteers|Para 1.38|No volunteers.| ## **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 Gresham Benevolent Fund has made
donations to individuals in need and has
provided support for a convoy of medical
supplies for those affected by the crisis in
Ukraine..
The GBF has fostered interest with a number
of individuals in the City of London, and is
preparing to develop further contacts with City
Institutions and potential sources of
beneficiaries from its target groups.
In general terms, the charity has promoted a
raised awareness and interest with individuals
who work or have interests in the City of
London and has made them more aware and
supportive of the proposed and planned aims
of the charity.| ## **Additional information (optional)** |**Additional information (optional)**|**Additional information (optional)**|**Additional information (optional)**| |---|---|---| |You may choose to include further statements where relevant about:||| |Achievements against
objectives set|Para 1.41|The GBF has achieved what it set out to do
in its 2nd year.| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The GBF has achieved a small working
fund. See accounts submitted with this
document.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|The GBF has no money set aside as a
reserve fund as yet.| |Amount of reserves held|Para 1.22|Zero| |Reasons for holding zero
reserves|Para 1.22|Insufficient funds raised to enable the
establishment of a reserve.| |Details of fund materially in
deficit|Para 1.24|None| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|The Trustees are pleased with progress thus
far. Over the coming months a sharpening
up of our charitable purpose will be
considered. Any changes or adjustments will
be notified in the manner required.| **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|City Of London Gresham Club Members| |---|---|---| |
Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|We currently have no investments.| |A description of the principal
risks facing the charity|Para 1.46|The GBF has a Risk Policy which it keeps
under review.| |**Structure, Governance and Management**||| |Type of governing document|Para 1.25|Trust deed| |How is the charity
constituted?|Para 1.25|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|Para 1.25|Voluntary, but with nominations of potential
trustees. In accordance with our governing
document.| |**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|
The Trustees are required annually to
refresh their knowledge of the Duties of
Trustees (Charity Commission Document
CC3a)| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|The Charity has a Board of Trustees who
meet regularly to run the charity.| |Relationship with any related
parties|Para 1.51|The significant relationship that the charity
has with another organisation is with The
City of London Gresham Club Limited
(Company No: 11587966), which is
presently our main sponsor and institutional
supporter. The City of London Gresham
Club Limited and its Members support many
of the fund raising activities of the charity.| |**Reference and Administrative details**
Charity name
Gresham Benevolent Fund
Other name the charity uses
GBF (as an abbreviation)
Registered charity number
**1192072**
Charity’s principal address
1 Duchess Street, London, W1W 6AN||| |Charity name|Gresham Benevolent Fund|| |Other name the charity uses|GBF (as an abbreviation)|| |Registered charity number|**1192072**|| |Charity’s principal address|1 Duchess Street, London, W1W 6AN|| **Names of the charity trustees who manage the charity** |**Trustee name**|**Office (if any)**|**Dates acted if not**
**for whole year**|**Name of person (or**
**body) entitled to**
**appoint trustee (if**
**any)**| |---|---|---|---| |David Howells|Chairman|N/A|| |GeoffreyHill|Vice Chairman|N/A|| |Pippa Watmough|Trustee|Appointed 26/6/22|| |Steve Jackson|Trustee|Appointed 20/9/22|| |Brad Bamfield|Trustee|Appointed 7/11/22|| |Aeneas O’Hara|Trustee|Resigned 1/12/22|| ## **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**||| |Trustee Advisor
|Andrew Lamb|1 Duchess Street, London. W1W 6AN.| ## **Declarations:** **The trustees declare that they have approved the trustees’ report above.** ## **Signed on behalf of the charity’s trustees** |**Signed on behalf of the charity’s trustees**|**Signed on behalf of the charity’s trustees**|**Signed on behalf of the charity’s trustees**| |---|---|---| |**Signature(s)**
Electronically signed by DH
Electronically signed by GH
**Full name(s)**
David Howells JP
Geoffrey Hill Esq
**Position (eg**
**Secretary, Chair, etc)**
Chairman
Vice Chairman||| ||David Howells JP|Geoffrey Hill Esq| ||Chairman
Vice Chairman|| ||Chairman|Vice Chairman| **Date** 12/01/2023 ||**Gresham Benevolent Fund**
|**Gresham Benevolent Fund**
|**Gresham Benevolent Fund**
|**Gresham Benevolent Fund**
|**Gresham Benevolent Fund**
|**1192072**|**1192072**|**CC16a**| |---|---|---|---|---|---|---|---|---| ||**For the period**
**from**||Period start date
1/1/2022||**To**|Period end date
31/12/22||| |||||||||| |**Section A Receipts and payments**||||||||| |**Unrestricted**
**to the nearest £**
**A1 Receipts**|||**Restricted funds**
**to the nearest £**||**Endowment**
**to the nearest £**|**Total funds**
**to the nearest £**||**Last year**
**to the nearest £**| |Donations|**-**
**1,543-**||**-**
**--**||**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**|**-**
**1,543-**||**-**
**1,576-**| |100 Club Entries|**-**
**1,575-**||**-**
**--**|||**-**
**1,575-**||**-**
**1,385-**| |Events|**-**
**1,479-**|||||**-**
**1,479-**||**-**
**754-**| |Raffles|**-**
**--**||**-**
**--**|||**-**
**--**||**-**
**671-**| |Amazon|**-**
**63-**||**-**
**--**|||**-**
**63-**||**-**
**27-**| |PayPal|**-**
**122-**|||||**-**
**122-**||**-**
**125-**| |Interest|**-**
**4-**||**-**
**--**|||**-**
**4-**||**-**
**--**| |**_Sub total_**_(Gross income for AR)_**-**
**4,787-**
**A2 Asset and investment sales, (see**|**-**
**4,787-**||**-**
**--**||**-**
**--**|**-**
**4,787-**||**-**
**4,538-**| |||||||||| |**A2 Asset and investment sales, (see**||||||||| |**Nil**|**-**
**--**||**-**
**--**||**-**
**--**
**-**
**--**|**-**
**--**||| ||**-**
**--**||**-**
**--**|||**-**
**--**||**-**
**--**| |**_Sub total_-**
**--**
**_Total receipts_ -**
**4,787-**
**A3 Payments**|**-**
**--**||**-**
**--**||**-**
**--**|**-**
**--**||**-**
**--**| |||||||||| ||**-**
**4,787-**||**-**
**--**||**-**
**--**|**-**
**4,787-**||**-**
**4,538-**| |||||||||| |Grants|**-**
**2,049-**||**-**
**--**||**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**|**-**
**2,049-**||0| |100 Club Payouts|**-**
**292-**||**-**
**--**|||**-**
**292-**||**-**
**201-**| |Marketing|**-**
**70-**||**-**
**--**|||**-**
**70-**||**-**
**66-**| |IT & Website Fees|**-**
**114-**||**-**
**--**|||**-**
**114-**||**-**
**62-**| |Bank Fees|**-**
**81-**||**-**
**--**|||**-**
**81-**||**-**
**101-**| |Admin|**-**
**201-**||**-**
**--**|||**-**
**201-**||**-**
**1,035-**| |**_Sub total_ -**
**2,807-**
**A4 Asset and investment**|**-**
**2,807-**||**-**
**--**||**-**
**--**|**-**
**2,807-**||**-**
**1,465-**| |||||||||| |**A4 Asset and investment**||||||||| |**n/a**|**-**
**--**||**-**
**--**||**-**
**--**
**-**
**--**|**-**
**--**||| ||**-**
**--**||**-**
**--**|||**-**
**--**||| |**_Sub total_ -**
**--**
**_Total payments_ -**
**2,807-**
**_Net of receipts/(payments)_ -**
**1,980-**
**A5 Transfers between funds**
**-**
**--**
**A6 Cash funds last year end**
**-**
**--**
**_Cash funds this year end_ -**
**1,980-**|**-**
**--**||**-**
**--**||**-**
**--**|**-**
**--**||| |||||||||| ||**-**
**2,807-**||**-**
**--**||**-**
**--**|**-**
**2,807-**||**-**
**1,465-**| |||||||||| ||**-**
**1,980-**||**-**
**--**||**-**
**--**|**-**
**1,980-**||**-**
**3,073-**| ||**-**
**--**||**-**
**--**||**-**
**--**
**-**
**--**
**-**
**--**|**-**
**--**||**-**
**--**| ||**-**
**--**||**-**
**--**|||**-**
**--**||**-**
**--**| ||**-**
**1,980-**||**-**
**--**|||**-**
**1,980-**||**-**
**3,073-**| |||||||||| CCXX R1 accounts (SS) 11/01/2023 1 |**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|| |---|---|---|---|---|---|---|---| |**Categories**
**B1 Cash funds**|**Details**||**Unrestricted**
**to nearest £**||**Restricted funds**
**to nearest £**||**Endowment**
**to nearest £**| ||Cash Balance 2021||**-**
**3,073-**||**-**
**--**||**-**
**--**| ||Cash Balance 2022||**-**
**1,980-**||**-**
**--**||**-**
**--**| ||||**-**
**--**||**-**
**--**||**-**
**--**| |**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
Signed by one or two trustees on behalf of|**_Total cash funds_**
(agree balances with receipts and payments account
(s))
**Details**
n/a
**Details**
n/a
**Details**
n/a
**Details**
Nil
Signature
Electronic Signature S Jackson
Electronic Signature G Hill||**-**
**5,053-**||**-**
**--**||**-**
**--**| ||||||||OK| ||||**Unrestricted**
**funds**
**Restricted funds**
**to nearest £**
**to nearest £**
**-**
**--**
**-**
**--**
**-**
**--**
**-**
**--**
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**Cost (optional)**
**-**
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**Cost (optional)**
**-**
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**Amount due**
**(**
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**-**
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Print Name
Steve Jackson
Geoffrey Hill||||**Endowment**
**funds**
**to nearest £**| ||||||||**-**
**--**| ||||||||**-**
**--**| ||||||||**Current value**

| ||||||||**(**
**)**
**-**
**--**| ||||||||**-**
**--**| ||||||||**Current value**

| ||||||||**(**
**)**
**-**
**--**| ||||||||**-**
**--**| ||||||||**-**
**--**| ||||||||**When due**

| ||||||||**(**
**)**| ||||||||| ||||||||Date of approval| ||||Steve Jackson||||10/1/2023| ||||Geoffrey Hill||||**10/1/2023**| CCXX R2 accounts (SS) 11/01/2023 2