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
P*a123
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
P*a 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

Page 10112

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 rnc*W(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
D*t*ll
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 preparatr*n ofthe accounts.The Sodety's trustees con-
tees and etsminer
sklerthat an audit is not reWI￿d brthi5 year undersectk)n 144 of the Charlt*5 Act 20111-the Char-
It￿ ￿lar¥A thatan IDdependente¥amlr41*)n is l￿ded.
It ts my yes￿￿$1t￿l￿ to..
the xcounts under settton 145 ofthe Charityes A¢
to folkwthe prttedY￿ ￿ld down In theBeneral DlrÈttk>ns 6l¥en bythe Charlty Commisslon
lunder sectk*n 14515Mbl of the CharrtE5 Ac¢ and
to slate whether parth)JL4rrnatters have mme to nryatterrth)n
B•sls of Ind•p•ndert•Mrnknerfs
ststement
myey•Min•t￿n was Qfr*d tyjt In a(c(¥dancewlth 8eTrerdl DI￿n$￿￿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
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