## **Trustees’ Annual Report for the period** From 01 JAN 2023 Period start date To:31 DEC 2023 Period end date Charity name: GRESHAM BENEVOLENT FUND Charity registration number: 1192072 ## **Objectives and Activities** ||SORP
reference||| |---|---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The object of the CIO is the relief of financial
hardship by the provision of grants to
individuals in need, as well as educational
initiatives to promote self-development, growth
and financial security|| |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 charity has made grants to individuals in
dire need during the course of this financial
year.
The charity has further begun the process of
making grants to London-based nurses
enduring financial hardship to enable them to
pay for their courses and examinations.
The charity intends soon to be making grants to
former homeless individuals who are starting
their own businesses.|| |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 due regard to the
guidance issued by the Charity Commission 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||We have a grant-making policy and
application form that is publicly available on
our website.| |Policy on social investment
including program related
investment|Para 1.38||We make grants to individuals in need
according to our governing document| |Contribution made by
volunteers|Para 1.38||All of our team are volunteers.| |Other|||**n/a**| ## **Achievements and Performance** |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 has made grants to individuals in dire
need during the course of this financial year. It
has further begun the process of making grants
to London-based nurses enduring financial
hardship to enable them to pay for their courses
and examinations.| |---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|The Trustees are pleased with the progress
made thus far. The Trustees held an Autumn
Strategy Meeting to plan initiatives for the future.| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|The Trustees are pleased with the progress
made thus far.| |Investment performance
against objectives|Para 1.41|We currently have no investments| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s financial
position at the end of the period|Para 1.21|Although in the early stages of its development
the charity is now in a reasonable financial
situation which will allow it to make more
significant grants to those in need in the near
future.| |Statement explaining the policy
for holding reserves stating why
they are held|Para 1.22|We aim to keep £2,000 in reserve as a
contingency to meet unexpected situations and
events.| |
Amount of reserves held|Para 1.22|£2,000| |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|The Trustees are happy that the Gresham
Benevolent Fund is and continues to be a going
concern.| ## **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|Members of The Gresham Club and members
of the Public are our primary donors. We
achieve fundraising through events and
donations.| |---|---|---| |Investment policy and
objectives including any social
investment policy adopted|Para 1.46|n/a| |A description of the principal
risks facing the charity|Para 1.46|Our main risk is the health of The Gresham
Club, the Members of which are our primary
donors. The Gresham Club is currently in
reasonably good health.| |Donation Return||The Trustees became aware in early 2024,
after closure of the annual accounts for the
year, that a donation of £950 made in January
2023 to the charity needed to be returned to the
donor. The donation was from an auction of
promises that was organised by a 3rd party
organisation however, the donor reported that
they were unable to access the promise. The
donation of £950 was returned to the donor on
19 January 2024. The refund is to be included
in our FY 2024 accounts. A note to this effect is
also on our CC16A for FY 2023.| |---|---|---| ## **Structure, Governance and Management** |Description of charity’s trusts:||CIO Trust Deed| |---|---|---| |Type of governing document|Para 1.25|CIO Trust Deed| |
How is the charity constituted?|Para 1.25|CIO Constitution| |
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|As per CIO Constitution| ## **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 provided a copy of the
constitution, the most recent accounts and
access to the Minutes of past meetings.
They are also asked to confirm that they
have read the Charity Commission’s
guidance on the “15 Questions That
Trustees Should Ask” and encouraged to
read Charity Commission Newsletters.| |---|---|---| |The charity’s organisational
structure and any wider network
with which the charity works|Para 1.51|
The Trustee Board has a Chairman who
organises and minutes regular meetings of
Trustees.The Charity also held a Strategy
Day in Oct 2023 to discuss the way forward.| |Relationship with related parties|Para 1.51|**n/a**| |
Other||**n/a**| ## **Reference and Administrative details** |Charityname|GRESHAM BENEVOLENT FUND| |---|---| |Other name the charity uses|n/a| |Registered charitynumber|1192072| |Charity’s principal address|1 Duchess Street, London. W1W 6AN| ## **List Of Trustees Who Run 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 JP|Trustee, Chairman|FoundingTrustee| |Brain Christie Esq|Trustee|From 20 July23
Trustee CIO Board| |Pippa Watmough|Trustee|Trustee CIO Board| |Brad Bamfield Esq|Trustee, Treasurer|Trustee CIO Board| |---|---|---| |GeoffreyHill|Trustee|Deceased Apr 23
Trustee CIO Board| |Steve Jackson|Trustee|Resigned July23
Trustee CIO Board| – Corporate trustees names of the directors at the date the report was approved **Director name n/a** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year n/a** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity n/a Name and objects of the charity on whose n/a behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and n/a segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser n/a** n/a n/a **Name of chief executive or names of senior staff members (Optional information)** n/a ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **n/a** ## **Other optional information** **n/a** ## **Declarations** **The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees:** **Name: David Howells Brad Bamfield Electronically Signed: Position: Chairman Treasurer Date: 5 Feb 2024 5 Feb 2024** |||**Gresham Benevolent Fund**|**Gresham Benevolent Fund**|**Gresham Benevolent Fund**|||**1192072**|**1192072**||| |---|---|---|---|---|---|---|---|---|---|---| |||**Receipts and payments accounts**||||||||**CC16a**| |||**For the period**
**from**||Period start date
1/1/2023||**To**||Period end date
31/12/23||| |**Section A Receipts and payments**||||||||||| |||**Unrestricted**||**Restricted funds**||**Endowment**||**Total funds**||**Last year**| |||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**||**to the nearest £**| |**A1 Receipts**||||||||||| |Donations||**2,391**||**-**||**-**||**2,391**||**1,543**| |100 Club Entries||**2,819**||**-**||**-**||**2,819**||**1,575**| |Events||**1,997**||||||**1,997**||**1,479**| |Raffles||**-**||**-**||**-**||**-**||**-**| |Amazon||**43**||**-**||**-**||**43**||**63**| |PayPal||**875**||||||**875**||**122**| |CAF bank||**244**||||||**244**||| |Interest||**17**||**-**||**-**||**17**||**4**| |**_Sub total_**
_(Gross income for AR)_||**8,386**||**-**||**-**||**8,386**||**4,786**| |**A2 Asset and investment**|**sales,**|||||||||| |**Nil**||**-**||**-**||**-**||**-**||| |||**-**||**-**||**-**||**-**||**-**| ||**_Sub total_**|**-**||**-**||**-**||**-**||**-**| |||||||||||| |**_Total receipts_**||**8,386**||**-**||**-**||**8,386**||**4,786**| |**A3 Payments**||||||||||| |Grants||**1,300**||**-**||**-**||**1,300**||2049| |100 Club Payouts||**473**||**-**||**-**||**473**||**292**| |Event costs||**1,077**||||||**1,077**||**-**| |Marketing||**-**||**-**||**-**||**-**||**70**| |IT & Website Fees||**155**||**-**||**-**||**155**||**114**| |Bank Fees||**60**||**-**||**-**||**60**||**81**| |Admin||**96**||**-**||**-**||**96**||**201**| ||**_Sub total_**|**3,162**||**-**||**-**||**3,162**||**2,807**| |||||||||||| |**A4 Asset and investment**||||||||||| |**n/a**||**-**||**-**||**-**||**-**||| |||**-**||**-**||**-**||**-**||| ||**_Sub total_**|**-**||**-**||**-**||**-**||| |||||||||||| |**_Total payments_**||**3,162**||**-**||**-**||**3,162**||**2,807**| |**_Net of receipts/(payments)_**||**5,224**||**-**||**-**||**5,224**||**1,979**| |**A5 Transfers between funds**||**-**||**-**||**-**||**-**||**-**| |**A6 Cash funds last year end**||**-**||**-**||**-**||**-**||**-**| |**_Cash funds this_**|**_year end_**|**5,224**||**-**||**-**||**5,224**||**1,979**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**|**Details**||**Unrestricted**||**Restricted funds**||**Endowment**| |---|---|---|---|---|---|---|---| ||||**to nearest £**||**to nearest £**||**to nearest £**| |**B1 Cash funds**|Cash Balance 2022||**5,052**||**-**||**-**| ||Cash Balance 2023||**5,224**||**-**||**-**| ||||**-**||**-**||**-**| ||**_Total cash funds_**||**10,276**||**-**||**-**| ||(agree balances with receipts and payments||||||| ||account(s))||OK||OK||OK| ||||**Unrestricted**||**Restricted funds**||**Endowment**| ||||**funds**||||**funds**| ||**Details**||**to nearest £**||**to nearest £**||**to nearest £**| |**B2 Other monetary assets**|n/a||**-**||**-**||**-**| ||||**-**||**-**||**-**| ||**Details**||**Fund to which asset**||**Cost (optional)**||**Current value**| |**B3 Investment assets**|n/a||||**-**||**-**| ||||||**-**||**-**| ||**Details**||**Fund to which asset**||**Cost (optional)**||**Current value**| |**B4 Assets retained for the**|n/a||||**-**||**-**| |**charity’s own use**|||||**-**||**-**| ||||||**-**||**-**| ||**Details**||**Fund to which**||**Amount due**||**When due**| |**B5 Liabilities**|Nil||||**-**||| ||||||||| ||**Post Accounting Period Note**
: The Trustees became aware in early 2024, after closure of the annual accounts for the||||||| ||year, that a donation of £950 made in January 2023 to the charity needed|||to|be returned to the donor.||The donation was| ||from an auction of promises that was organised by||a 3rd party organisation however, the donor reported that they were||||| ||unable to access the promise. The donation of £950 was returned to the donor on 19 January 2024. The refund is to be||||||| ||included in our FY 2024 accounts.||||||| |Signed by one or two trustees on behalf||Signature|Print Name||Date of approval| |---|---|---|---|---|---| ||Electronic|Signature|David Howells||7/2/2024| ||Electronic|Signature|Brad Bamfield||**6/2/2024**| CCXX R1 accounts (SS) 07/02/2024 1