HELEN WYCHERLEY HERITAGE ASSOCIATION Charity Number: 1207897 TRUSTEES’ ANNUAL REPORT For the period 17 April 2024 to 31 March 2025 ## CONTENTS 1. Reference and Administrative Details 2. Structure, Governance and Management 3. Objectives and Activities 4. Public Benefit Statement 5. Review of Activities and Achievements 6. Strategic Report 7. Financial Review 8. Reserves Policy 9. Investment Policy 10. Risk Management 11. Plans for Future Periods 12. Statement of Trustees’ Responsibilities 13. Independent Examination / Audit Status 14. Approval and Signing 15. Balance Sheet 16. Notes to the Financial Statements 17. Accounting Policies 18. Governance Compliance Statement 19. Trustee Declarations 20. 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 - Bank Account (HEL-30995054211462): (£550.20) - Employee Advances: £174.00 - Undeposited Funds: £0.00 **Total Assets:** (£376.20) ## **LIABILITIES AND EQUITY** None recorded - Accounts Payable – Miscellaneous Suppliers: (£160.00) **Total Liabilities:** (£160.00) **Equity** * Owner Draws: (£111.15) * 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** - Trustee register - Risk register - 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| 2025/12/19 22:31:38 UTC Page 1/1