2024-03-31-accounts - The 1887 Alfred Sharp Bingley Educational Trust

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Trustees' Annual Report for the period

Period start date Period end date 01 04 2023 31 03 2024

From To

Section A Reference and administration details

Charity name The 1887 Alfred Sharp Bingley Educational Trust

Other names charity is known by N/A

Registered charity number (if any) 1199830

Charity's principal address	City of Bradford MDC	City of Bradford MDC
	Finance, 5thFloor, Britannia House, Hall Ings, Bradford,
	West Yorkshire
	Postcode	BD1 1HX

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 (ifany)
City of Bradford MDC	N/A	N/A	N/A
Russell Brown		N/A	N/A
Mohammed Shafiq		N/A	N/A
Doreen Lee		01.04.2023 - 04.05.2023	N/A
Zafar Ali		01.04.2023 - 04.05.2023	N/A

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

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Names and addresses of advisers (Optional information) Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information) Section B Structure, governance and management Description of the charity’s trusts Type of governing document (eg. trust deed, constitution)[Constitution] How the charity is constituted (eg. trust, association, company)[Charitable Incorporated Organisation (CIO)] Trustee selection methods Corporate Trustee - current members of City of Bradford MDC’s (eg. appointed by, elected by) Regulatory and Appeals Committee

Additional governance issues (Optional information)

You may choose to include N/A
additional information, where relevant, about:  policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

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To advance the education of children and adults in the former Bingley Improvement District in such ways as the charity trustees think fit, including by awarding financial grants to individuals and/or schools and Summary of the objects of the other educational organisations in the area. charity set out in its governing document Education/training. Helps other charities or voluntary bodies. Makes grants to individuals and organisations. The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities and setting the grant-making policy for the year. Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

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N/A

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

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Section D Achievements and performance Summary of the main At a meeting as Trustees, of the City of Bradford MDC’s Regulatory and achievements of the charity Appeals Committee, on 30.11.2023, the trustees considered The 1887 during the year Alfred Sharp Bingley Educational Trust and the allocation of funding for educational purposes. The Assistant Director of Neighbourhoods and Community submitted a report to the meeting which provided an update on the process and allocation of funding from the Alfred Sharp 1887 grants to schools and groups within the designated area in Bingley. The 1887 Alfred Sharp Bingley Educational Trust subcommittee had allocated £80,104.25 of the £220,000 available funds to local schools and community organisations. The report provided updated information on projects that have received grant funding through this process. The Bingey Area Ward Officer was present at the meeting and provided background information in relation to the setting of the Trust and the applications that had been received thus far. Details of the projects allocated funding and the rationale behind the decisions was set out in the appendix to Document “E”. In relation to a question regarding those applications that had been refused funding, it was explained that they had failed to meet the educational element requirement for funding. In relation to the funding of the Downs Syndrome information Packs, it was stated that further information was contained in the detailed application that had been submitted and this information would be circulated to Trustees. However, it was stressed that all the projects that had received funding, resided in the funding area boundary agreed by the Trustees. In relation to a question regarding the timescale for spending the remaining funding, it was stressed that there was no time limit specified, and that there would be a new funding round in due course. Members thanked the Ward Officer and the sub-committee, comprising of Ward and Parish Councillors, for assessing the funding applications received, and acknowledged their hard work and due diligence. The trustees resolved that the updates provided in Document “F” be noted and acknowledged. Financial grants of £85,104 were awarded by The 1887 Alfred Sharp Bingley Educational Trust in 2023-24.

Section E Financial review

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Brief statement of the N/A charity’s policy on reserves Details of any funds materially N/A in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

N/A

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

N/A

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) City of Bradford MDC City of Bradford MDC Full name(s) City of Bradford MDC City of Bradford MDC Position (eg Secretary, Chair, etc) Corporate Trustee Corporate Trustee Date 31.01.2025	Signature(s) City of Bradford MDC City of Bradford MDC Full name(s) City of Bradford MDC City of Bradford MDC Position (eg Secretary, Chair, etc) Corporate Trustee Corporate Trustee Date 31.01.2025	Signature(s) City of Bradford MDC City of Bradford MDC Full name(s) City of Bradford MDC City of Bradford MDC Position (eg Secretary, Chair, etc) Corporate Trustee Corporate Trustee Date 31.01.2025
	Corporate Trustee	Corporate Trustee
	31.01.2025
	31.01.2025

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	The 1887 Alfred Sharp Bingley Educational Trust	The 1887 Alfred Sharp Bingley Educational Trust	The 1887 Alfred Sharp Bingley Educational Trust	1199830	CC16a

	Receipts andpayments accounts
	For the period from	01.04.2023	To	31.03.2024


Section A Receipts and payments
	Unrestricted funds	Restricted funds	Endowment funds	Total funds	Last year
	to the nearest £	to the nearest £	to the nearest £	to the nearest £	to the nearest £
A1 Receipts
Bank Interest	11,764	-	-	11,764	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	11,764	-	-	11,764	-

A2 Asset and investment sales, (see table).
	-	-	-	-
	-	-	-	-	-
*Sub total*	-	-	-	-	-

*Total receipts*	11,764	-	-	11,764	-

A3 Payments
Grants to Institutions	85,104	-	-	85,104	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
	-	-	-	-	-
**Sub total **	85,104	-	-	85,104	-

A4 Asset and investment purchases, (see table)
	-	-	-	-
	-	-	-	-
**Sub total **	-	-	-	-	-

*Totalpayments*	85,104	-	-	85,104	-

*Net of receipts/(payments)*	- 73,340	-	-	- 73,340	-
A5 Transfers between funds	-	-	-	-	-
A6 Cash funds lastyear end	229,918	-	-	229,918	-
*Cash funds thisyear end*	156,578	-	-	156,578	-

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Section B Statement of assets and liabilities at the end of the period

Categories	Details	Unrestricted funds	Restricted funds	Endowment funds
		to nearest £	to nearest £	to nearest £
B1 Cash funds	Cash Funds	156,578	-	-
		-	-	-
		-	-	-
	*Total cash funds*	156,578	-	-
	(agree balances w ith receipts andpayments account(s))	OK	OK	OK
		Unrestricted funds	Restricted funds	Endowment funds
	Details	to nearest £	to nearest £	to nearest £
B2 Other monetary assets		-	-	-
		-	-	-
		-	-	-
		-	-	-
		-	-	-
		-	-	-
			Cost (optional)
	Details	Fund to which asset belongs		Current value (optional)
B3 Investment assets			-	-
			-	-
			-	-
			-	-
			-	-

	Details	Fund to which asset belongs	Cost (optional)	Current value (optional)
B4 Assets retained for the charity’s own use			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			Amount due (optional)
	Details	Fund to which liability relates		When due (optional)
B5 Liabilities			-
			-
			-
			-
			-

Signed by one or two trustees on behalf of all the trustees	Signature	Print Name		Date of approval
	Cityof Bradford Metropolitan District Council	Cityof Bradford Metropolitan District Council		31.01.2025

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