HELEN WYCHERLEY HERITAGE ASSOCIATION
Charity Number: 1207897
TRUSTEES’ ANNUAL REPORT
For the period 17 April 2024 to 31 March 2025
CONTENTS
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Reference and Administrative Details
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Structure, Governance and Management
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Objectives and Activities
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Public Benefit Statement
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Review of Activities and Achievements
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Strategic Report
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Financial Review
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Reserves Policy
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Investment Policy
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Risk Management
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Plans for Future Periods
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Statement of Trustees’ Responsibilities
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Independent Examination / Audit Status
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Approval and Signing
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Balance Sheet
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Notes to the Financial Statements
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Accounting Policies
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Governance Compliance Statement
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Trustee Declarations
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Appendices
1. REFERENCE AND ADMINISTRATIVE DETAILS
Helen Wycherley Heritage Association
Charity Number: 1207897
Principal Address:
22 Homefarm Court , Castle Gresley, Swadlincote, South Derbyshire
Trustees During the Period:
Richard Sworder
Jemma Sworder
Rachel Sworder
Bankers: Lloyds
Account Name: Helen Wycherley Heritage Association
Account Number: HEL-30995054211462
Independent Examiner / Auditor: N/A
2. STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is governed by its Constitution and operates in accordance with the Charities Act 2011 and all relevant regulations.
Trustee Appointment and Induction
Trustees are appointed in accordance with the governing document. New trustees receive an induction covering legal duties, financial oversight, safeguarding of charitable assets, and the strategic objectives of the charity.
Trustee Responsibilities
Trustees are collectively responsible for ensuring that the charity acts in furtherance of its charitable purposes, safeguarding its assets, maintaining proper financial records, and ensuring compliance with legal and regulatory obligations.
3. OBJECTIVES AND ACTIVITIES
Charitable Objects
The Helen Wycherley Heritage Association exists to preserve and promote the heritage associated with Helen Wycherley, to educate the public on historical and cultural significance, and to support heritage-based learning, research, and community engagement.
Activities Undertaken
During the reporting period, activities included heritage preservation planning, administrative governance activities, and financial oversight and compliance work.
4. PUBLIC BENEFIT STATEMENT
The Trustees confirm that they have had due regard to the Charity Commission’s guidance on public benefit. All activities undertaken during the year were carried out to advance the charity’s purposes for the benefit of the public, providing educational and cultural value.
5. REVIEW OF ACTIVITIES AND ACHIEVEMENTS
The charity maintained effective governance structures, continued to safeguard heritage interests, and exercised responsible financial oversight during a challenging financial period.
Challenges Faced
The charity experienced limited financial resources, operational constraints, and a requirement for careful cash-flow management. Despite these challenges, the charity remained compliant and operational.
6. STRATEGIC REPORT
Strategy
The Trustees focused on maintaining solvency, preserving organisational continuity, and reviewing future funding opportunities.
Monitoring and Evaluation
Performance was monitored through trustee meetings, financial reviews, and compliance checks.
7. FINANCIAL REVIEW
Financial Position
The charity experienced a net deficit during the period, resulting in a negative balance of funds.
Principal Funding Sources
No significant external funding was received during the reporting period.
Financial Controls
The Trustees maintained oversight through regular bank reconciliations, review of liabilities, and monitoring of advances and payables.
8. RESERVES POLICY
The charity aims to maintain reserves sufficient to meet short-term liabilities. Due to limited income during the year, this level of reserves was not achieved. The Trustees continue to review this position.
9. INVESTMENT POLICY
The charity does not hold long-term investments. Any surplus funds are held in bank accounts to preserve capital and liquidity.
10. RISK MANAGEMENT
Key Risks
The Trustees identified financial sustainability, cash-flow shortages, and reliance on voluntary governance as key risks.
Mitigation Measures
Risks are managed through conservative expenditure, regular financial review, and forward planning.
11. PLANS FOR FUTURE PERIODS
The Trustees intend to seek funding and grant opportunities, strengthen reserves, and expand heritage and educational activity.
12. STATEMENT OF TRUSTEES’ RESPONSIBILITIES
The Trustees are responsible for preparing the Trustees’ Annual Report and financial statements, ensuring they give a true and fair view, and maintaining adequate accounting records.
13. INDEPENDENT EXAMINATION / AUDIT STATUS
The charity’s accounts are subject to independent examination where required under charity law.
14. APPROVAL AND SIGNING
This report was approved by the Trustees on: Richard Sworder Chair
Signed on behalf of the Trustees:
Name: Richard Sworder
Role: Chair / Trustee
Signature: Richard Sworder Chair
Date: 18/12/2005
FINANCIAL STATEMENTS
15. BALANCE SHEET
Period: 17 April 2024 to 31 March 2025**
ASSETS
None
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Bank Account (HEL-30995054211462): (£550.20)
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Employee Advances: £174.00
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Undeposited Funds: £0.00
Total Assets: (£376.20)
LIABILITIES AND EQUITY
None recorded
- Accounts Payable – Miscellaneous Suppliers: (£160.00)
Total Liabilities: (£160.00)
Equity
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Owner Draws: (£111.15)
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Net Income: (£105.05)
Total Equity: (£216.20)
Total Liabilities and Equity: (£376.20)
16. NOTES TO THE FINANCIAL STATEMENTS
Note 1 – Accounting Period
The accounts cover the period from 17 April 2024 to 31 March 2025.
Note 2 – Going Concern
The Trustees believe the charity remains a going concern.
17. ACCOUNTING POLICIES
The accounts have been prepared under the historical cost convention on an accruals basis. Cash at bank is stated at face value.
18. GOVERNANCE COMPLIANCE STATEMENT
The Trustees confirm compliance with the Charities Act 2011, Charity Commission guidance, and the charity’s governing document.
19. TRUSTEE DECLARATIONS
The Trustees during the reporting period were Richard Sworder, Jemma Sworder, and Rachel Sworder. The Trustees declare that no trustee received remuneration and that no related party transactions occurred beyond those disclosed.
20. APPENDICES
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Trustee register
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Risk register
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Financial controls summary
Balance Sheet
Helen Wycherley Heritage Association
19/12/2025
| 17/04/2024 - 31/03/2025 | |
|---|---|
| ASSETS | |
| Bank | |
| Bank Account HEL-30995054211462 | -550.20 |
| Total Bank | -550.20 |
| Other Current Assets | |
| Employee Advances | 174.00 |
| Undeposited Funds | 0.00 |
| Total Other Current Assets | 174.00 |
| TOTAL ASSETS | -376.20 |
| LIABILITIES & EQUITY | |
| Liabilities | |
| Accounts Payable | |
| Accounts Payable:Miscellaneous Suppliers | -160.00 |
| Total Accounts Payable | -160.00 |
| Total Liabilities | -160.00 |
| Equity | |
| Equity | |
| Owner Draws | -111.15 |
| Total Equity | -111.15 |
| Net Income | -105.05 |
| Total Equity | -216.20 |
| TOTAL LIABILITIES & EQUITY | -376.20 |
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