2023-12-31-accounts

CHARITY COMMISSION FOR ENGLAND AND WALES Trustees. Annual Report for the period From 01.01.23 To 31.12.23 Charlty name: Slr ftalph Pendleburfs 1880 Charlty for Sto¢kprfs me￿ Resldents Charlty reglstratlon numb•r: 1196938 Objectlves and Actlvities Summary of the purposes of th8 charity as set out in its goveming document 1.17 Tho rellof of those In need, by reason of youth, agei111-hoalth, disablllty. financlal or soclal dt8advantage In the Metropolltan Borough of Stockport for the publlc b•nefft by the provlslon of financlal support to appropriatoly roglstered or charltable organ58atlons whlch dlreclty provlde servlce8 to and for chlldren andlor adults. Grants are made to local charltle8 In StockporL totslllng £13205.08 durlng th• perlod. Summary ofthe main activities in relation to those purpos8s for the public benefit, in particular, the activities, projects or seNices identified In the accounts. Stal6mÈnt confimiing whether the trustees have had regard to the guKlan issued by the Charity Commission on publ benefrt P*a 1.17m# Pw• 1.18 The trust•eB have had regard to thg guidanc• imued by the Charlty Commlmlon on publlc b•nefiL Additional Infonnatlon (optlonal) You ma thoose to indude further statemants W￿re reknnt about: Th• Charitab￿ objects of the Charfty are the relief of those In need. by reason of youth. age. i114￿alth. disabllity. financlal or ￿Kial disadvantsge In the Metropolitan Borough of Stockport for tho publlc bonefft by the provlslon of flnancial support to appropriately reglstsred or charitable organisations which directty provide servlces to and for children andlor adults The ob" Policy on grant making 1.38

are reallsed through tho application of discr•tionary grants which are reviewed on a case*wcase basls. Applicants submit an application. 11 Is shared eleclrnnically wlth every trusteè. They decide collethely whether or not to agree a granL All grants awarded by tho Charity must be used to Gover costs that are dlreclly connected to carrying out the charttable activltles that the T￿￿te0• have agreed to fund. Grants can bo used either to covw costs that are dlreclly connected to Carrylng out tho charitable activities that tho Trustoes have agreed to fund or to fund oxp•ndlture on th• followlng.. a) Salary costs; £635.62 b) Capltal expendtturn, provldod tho Appllcant Is able to demonstrats thal the expendlture Is essentjal to the charltable activltles that the tru•toos hav• agreed to fund and that any assets acquired u$lng grnnt money wlll be u8ad for slmllar purposes after th• •nd of the proposed actlvllles; e) Contribuilon• to th• costs of overheads. provlded that the Appllcairt18 ablo to domonstrats that such ov•rhead costs aro essentlal fi)r, and dlr•ctly Ilnked to. the charitable activities that the Trustees have agreed to fund: and d) othor typo• of •xp•nditur•. Ir the Appllcant18 a non- charitable organisatlon the proposal must also: •) Provld• evidence that thè oryaniBatlon h#• a bank aeeount wlth atloast two unrolatod slgnatorfes; and demonstrats that all oftho activities in the proposal wlll qualify as belng charitable by an organisation that Is registorod as a Charlty in England and Wales. Applicallons for grants are discussed either at a full. in- rson moetin of the trustees or Page 2112

electronkalty belv*en meetings in onler to avoid delay. The rnlief of those in nood, by reason of youth. age. I114￿1th. dlsablllty. financial or social disadvantage in the Metropolitan Borough of Stockport for the pub15c benefft by the provision of financial support to appropriately registered or charftable organisatlons whlch directly provide servi¢es to and for children andlor adulls. Tho Trustees are all voluntsors. Thern are no voluntser8 other than the Policy on social investmant indud1￿ program related investment P• 1.38 P￿1.36 Contribution made by volunteers Other Achlevements and Performance The charlty has funded work by local charStlo•. The trustees have been proa¢tlv• In Contacting rn¢ognlsed local charities wlth ongoing nood for financlal support lo moet thelr obieclfve8. Summary ofthe main achievements of th8 charlty. idenffjiing the dffterence the charity's work has made to the circumstances of ils bèneficiaries and any wNJ8r beneffts to society as a whole. P• 120 Addltlonal Informatlon (Optional) You ma (JKK>se to include further ststements where relevant abouL' We make grnnts as 8•t out In our constitution. Achi8vèments againsl objectNes set Page 3112

We do not ralse funds. Our grants are fundod by income from our Investments. PerfOrrnan￿ of fundrai&ng activities against objectives set The amount of Investsnent In¢ome recoived in this F￿40d compares sallsfactority with the amount anticipated. Investment pthnnance against obj8ctives Pwa 1.41 Other Page 4112

Flnancial Review Review of the charity's financial positson at the end ofthe Statement explaining the policy for holding reserves stati are hekl Arnount of reserves held Reasons for trK)Iding zero resep4es Details of fund materially in deficit Explanation of any uncertainties ab(xrt the charty continuing as a going concérn P•a 1.21 At the end of 2023. Reserves are not held as a matter of courne: we seek to use all our income to make rants to local charities. £534.21 at bank NIA Para 122 Pwa 1.22 124 NIA Pa123 NIA Addftlonal Infomiatlon (optional) You ma choose to include further stat￿1￿$ where relevant about: Our only source ol lunth Is Incom• from our Inv•stJnents. The charity's principal sources of fvnds (induding any fuThJraising) Pwo 1.47 Investment policy and objectives Including any social investment poltcy adopbJ Ll P• 1.46 The d￿rIty holds both endowed and unrestrlcted fund5 whkh are Iw•me from whlchls used to make 8rant& The amount of 8rants that may be glven Is governed by the levels of Investrnent Income. The combined InVestM￿t portfollo le￿lUdIng ca&ll Is currently clrca £458.837. OnBoln8 levels of grants are In the rezlon of £13,Z05.08 and expenses are In the reglofi of £731.62. Expenses are likety to reduce In 2024 because, under our 06.1121 CIO conslltthn. we no longer need and The Govemors of the ¢harltles are governed by the Trustee Act 21XM) whkh sets outthe general power ol InvestmenL I InVesth￿Trt Objectwes: Ll The charfties seek to woduce the bèst flnarKlal return wlth an acceptsble kvel of ris Page 5112

The Investrn￿ objectfve Isto senerate a retum in eX￿SS of Inflatlon over the long terni whilst generati Income tts 5UPPOrt the on8oln8 leve15 of gr￿ and expenses. Inryxne levels flurtuate whh market condftlons and as an achlevable l¢x temi targetls inflatlon plus 3 l Attltude to Rlsk. The endoTNments rely on Investment Income to fund tharltsble actlvitles. Thè stablllty ot Income15 therefore ImportanL The key rf5k to the lon8 temi sustalnablllty of the fvnds Is Inflatlon. and the assets should be Invested to mld8ate th15 rfsk over thè lon8 terni. The Governors understand that thls 1$ Ilkely to mean that I￿￿9¢M•￿ts wlll flurtuate In value. The G¢y4emors are able to tol•rat• movements In capltal market values, a5 lon8 as fund5 are able to meet ¢urrent expendltwe from Investment Inftatlon and collapse of the stock market A descfipiion of the principal rlsks facing the charity P•* 1.46 Other Page 6112

Structure, Governanc8 and Management Description of charitys trusts: Typ8 of governirKJ document Ii-i.If I cir..J J.: charter How is the thaiity constituted? le g UnIn￿rpOrated Pa 1.25 06.12.2021 Constitutlon Paa 125 A Charitable Incorporated Organisation with a mlnimum of three trusteos. Trustee selection meth(Mts including details of any constitutional provisions e.g. election to p)st or name of any person or bcmjy entitled to appoint one or ffN)r8 trustees Pwa 1.2S (i) Apart from the first charity trusteos. every tnmtee must bo appointed for a temi of four years by a rnsolution passed at a property convened meeting of tha charlty trustees. In selectlng Indfvlduals for appolntment as charlty trusteos, the charity trustees must have regard to the skills, knowledga and oxperlenca negded for th• offeclfve admlnlstrat5on of tho cio. Addltlonal lrfomiatlon (optlonall You ma ch¢x)se to include further statemènts where relevant 8b(Mrt: Thè charlty trust￿8 wlll maka avallable to each new charlty trustee, on or before h1$ or her flrst appointment: (a) copy of tho current Vorslon of thi8 conBtltutlon; and copy of th• CIO'S latest Tntstees, Annual Roport and •tatomenl of accounts. (c) polScy documonts whor• apprnprlat•. Policies and pro(xdures adopted for the inducti<)n and tralning of trustees Pw• 1.61 Tho chartty Is run by it8 tru8to••. ft had a salarled adminlstrator but changes to how the charlty ts run made the position redundant and he reslgned durfng 2023. Tho charlty makes grants to local eharltle8 In Stockpo The charlty's organisalional structure and any wider networf( with which charity works Pwa 1.51 NIA Relationship with any related parties P• 1.51 NIA Other Page 7112

Reference and Adminlstrative details Charity name Sir Ralph Perbdlebury's 1880 Charlty for Stockport's Needlest Resldents Sir Ral h Pendlebu 1196938 25 Avondale Avenue Hazel Grov• Stockport SK7 4PZ Other name the cha uses istered cha number Charity's principal address Page 8112

Names ofthe charity trustees who manage the charity Tn￿￿• name Olhc• (if *ny) Nam• of pgr8on (or body) entluod ifan Catherine DOWNS Steph8n Howell JONES Janet NEILSON Died 30.01.24 Jayne QUINN Robert John LEWIS Ellen WALKER Clifford Ainsley WALKER D￿d 27.03.24 Chair Margaret WRIGLEY ￿p￿Inted 05.09.23 10 12 13 14 15 16 17 18 19 20 Cor orate trustees- names of the dlrectors at th8 date the Dlroctor nam• rtwasa NIA Namo of trustses holding titlè to tryerty lth￿Ing to the ctharity Tru•t•e NIA Page 9112

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Funds held as custodian trustees on behalf of others Descriptron of the NIA held in this capa￿ty Name and otyects ofthe chaiity on whose behalf the assets are held and how this falls within the custodian charit￿S objects NIA Dètsils of arrangements for safe cUSt￿Y and segregation of such assets from the charity's own NIA Addltlonal Infornmtlon loptlonal) Name• and addr••s•• of advi••r• (Optloml Inforniatlon Typo of Naffl• advlser Stockbroke Amold Stansby & Co 3rd Floor. FabriG 30 Queen StreeL Manchester, M2 5Jl Nam• of chlef execullv• or name8 of 8onlor staff mwTrborn (Optlonal Infomiatlon) NIA Exemptlons from dlsclosure Reason for non418dosure of ke NIA rsonnel detsils Other o NIA tlonal infonnatlon Page 11 | 12

Declaratlons The trustees dKlare that they hav• approved the trust•88' report above. Slgned on behalf of the charlty'8 trustees Slgnature181 Full nam•(s) P08itlon (eg Secretsry, Chair, •tc) Clifford Ainsl8y WALKER Chair knlALKE% Date Page 12112

CHARITY COMMISSION FOR ENGLAND AND WALES Receipts and payments accounts CC16a Forthe peilod 01.01ZJ To 31.12.23 Section A Receipts and payments Unr•strlcted Restricted Endowm•nt Totsl fund• L••t y#r A1 Roe•l NatW851 resem In Ar￿Id Stsn 19265 Sub tot•l(Gw incorn for AR) A2 th•t and In¥4•tm•nt 8•1M. labl•l. Ineom• A¢¢•urt 19.X6 2.371 16,684 19,066 Sub totsl 4743 19,633 Aypa •nt• Inwr4rK8 roll IncWTrJ HMRC P•ymll ￿C Ix 120 30 Asthma Rqlef SPARC 1.000 4.7fj0 5.282 193 193 Sub total 14OJ1 15.031 A4 A88•t and Inv•Blm•nl purchas8•, l$M t4bl•l Arnold 8tsnsby Incom• •c￿lTht •4,1•0 Sub tolal 21,016 44.768 784 14•t of rncW(paymwitsJ . AS TrnnJf•r• b•t4w•ft fur¥l¥ A6 Cuh funds 1•8t y•ar •nd Cash lunds thls year end . 27,463 19.633 782 15A91 3.023 3005 19,633 CCXX R1 acc4xmlJ ISS)

Section B Statement of assets and liabilities at the end of the period Cateyortss En￿o￿nent funds D¢tsils lunds funds B1 Cash ￿ndS 3J,179 Tolal ¢ash funds 30.2ao fund• fundB Datsils •) n•Jr•¥t£ I￿0￿1¢h Detai15 Cort1•pU￿￿ 4X.77J Cyrr•nt B3 hMi8tm•nt a•••ts 413.424 45,418 Detalls CuffY•tttv•lu• k¥MI B4 A8••t• r•taln•d for th• charity's own u Dtll du• B5 Llabllld•• 8vJned by orn C¢1￿? ( behall of all Iho trust88& Date of rtsval 2.09.2024

Notable ccounts IndeW￿￿t Examlnerfs Report Respertlve respo￿lbIll￿o5Qltlyfr The kthtystyu5Ware ￿$￿)nsible for the preparatrn ofthe accounts.The Sodety's trustees con- tees and etsminer sklerthat an audit is not reWI￿d brthi5 year undersectk)n 144 of the Charlt5 Act 20111-the Char- It￿ ￿lar¥A thatan IDdependente¥amlr41)n is l￿ded. It ts my yes￿￿$1t￿l￿ to.. the xcounts under settton 145 ofthe Charityes A¢ to folkwthe prttedY￿ ￿ld down In theBeneral DlrÈttk>ns 6l¥en bythe Charlty Commisslon lunder sectkn 14515Mbl of the CharrtE5 Ac¢ and to slate whether parth)JL4rrnatters have mme to nryatterrth)n B•sls of Ind•p•ndert•Mrnknerfs ststement myey•Min•t￿n was Qfrd tyjt In a(c(¥dancewlth 8eTrerdl DI￿n$￿￿en bythe Charty Commls• slon. kn e¥amlnation Includ@s a revlewof the accounting records kept bythe charlty •nd a comporl- son of the accounts presented with those rewrd5. It also Irtlude5 conslderatlon of any unusual Items ord￿d0$￿Te5 In the K¢ounts. and seek[￿ expkmiorts from the tnjsteès torKernln8 any such mat- ters. procedu￿ undertaknn Ih) Mt pTh4de all thè evIder￿e that would be rt4ulred In an audil and tonsequenty no OpInk￿ Isghw asto Wtrthrt￿aCCoUnts presenta'true and falrf vlew and the report os lThrted to those matters se¢4Xt In the s¢atement be&￿. Independent examlnerfs statement In conrth whh rrty tA•mlnatk¥n. T￿ m•ttwlal have wmeto rny attentton whkh glve$ mé ¢aiise to bolth t￿ In, arry materlal ￿k￿Ct.. the •¢¢ountlrq recoYd5 ￿Te not kept lfi accordan￿ wlth sertlon I￿1 of the Charltles ACL. or acwunts dld notacroryl wf(h accountlnk records.. or the ￿OUnts did 1￿COmpty wlth the #p￿kablE ￿quIreMents¢￿nCe1TrlnI the fom and con- nt ofacuMJrts set ¢yJt in tt tharttse5 {kc￿JTrts and Reports) Re8ukttr)ns 2(￿8 otherthan any wlrtment thatthe acmunts a'true and Fèlrf vlew whkh Is nota matter consld. ered as part ol •n Indepenoentthmlnarion. I have Come acr055 other matters In connecdon w￿h the examinatlon to whlch attentlon sIK•uld be drawn In thls rewrt In order to enable a proper uftderstanding of the accounts to te hJic Relevant plots￿0￿1 tlorfsj orbo*: CillA ST '￿0(ab]e Accounis Ltd l Edenhurst Road 5K2 6BT InfoLii)noiableaccounts.co.uk notableaccounts.co.uk @notahl•arrniinrc