Ty Morgraig 15 Heol y Ddol CAERPHILLY CF83 3JF GORS C H A R I T Y T: 029 2088 8353 E: gors.charity@gmail.com ## **Trustees Annual Report** ## **Year to 31 December 2021** - Charity name: GORS. Registration Number: 1192734. Address: 15 Heol Y Ddol, Caerphilly, CF83 3JF. Trustee Names: John Pet , Luisa Pet , Jean Pet . - Structure: The Charity is a Charitable Incorporated Organisation (CIO) with 3 Trustees. How it is managed: At the current time the trustees are planning the development of the charity. Recruitment of Trustees: The policy for the recruitment of trustees is under consideration. - Objectives in the year: To realise the intended legacy. To develop policies and procedures that properly govern any activities that the charity would be involved in. Activities: Planning the governance structure of the charity. - Achievements and Performance: The charity was formed and reporting requirements identified. A bank account was set up which required greater than expected liaison with the bank, although there were no issues on the side of GORS. Public benefit: The demonstrable public benefit will occur following the implementation of the policies and procedures. - Financial review: The current funds consist of £10 (each) trustee payment and the remainder a compensation payment from the bank for their delay in opening the account. Debts: None. Reserves policy: Not currently applicable, this will be reviewed and developed during each financial year. - There are no funds held as a custodian trustee. The charity is a smaller entity and it makes use of the FRSSE SORP. The Charity Commission’s public benefit guidance is taken into account when making any decision that it is relevant to. GORS is a Charitable Incorporated Organisation registered with the Charity Commission number 1192734 **GORS 1192734** **Receipts and payments accounts For the period** Period start date Period end date **To from** 12/9/2020 12/31/2021 ## **Section A Receipts and payments** **----- Start of picture text -----**
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Compensation from bank 244 - - 244
Trustees Fees 30 - 30
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
244 30 - 274
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 244 30 - 274
A3 Payments
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ - ] - - -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments - - - -
Net of receipts/(payments) 244 30 - 274
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 244 30 - 274
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## **Section B Statement of assets and liabilities at the end of the period** ||||**Unrestricted**|**Restricted**| |---|---|---|---|---| |**Categories**|**Details**||**funds**|**funds**| |**B1 Cash funds**||**_Total cash funds_**|**to nearest £**
**-**
**-**
**-**
**-**|**to nearest £**
**-**
**-**
**-**
**-**| ||(agree|balances with receipts and payments
account(s))|Agreement Error|Agreement Error| ||||**Unrestricted**|**Restricted**| ||||**funds**|**funds**| |**B2 Other monetary assets**|**Details**||**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**|**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**| |**B3 Investment assets**|**Details**||**Fund to which**
**asset belongs**|**Cost (optional)**
**-**
**-**
**-**
**-**
**-**| |**B4 Assets retained for the**|**Details**||**Fund to which**
**asset belongs**|**Cost (optional)**
**-**| |**charity’s own use**||||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**| ||||**Fund to which**|**Amount due**| |**B5 Liabilities**|**Details**||**liability relates**|**-**
**-**
**-**
**-**
**-**
**(optional)**| |Signed by one or two trustees on
behalf of all the trustees||Signature|Print|Name| ||||Dr John Pettit|| CC16a Last year ## **Endowment funds** **to nearest £ - - - -** OK **Endowment funds to nearest £ - - - - - -** **Current value (optional) - - - - -** **Current value (optional)** **When due (optional)** **----- Start of picture text -----**
Date of
approval
9/7/2022
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