Trustees. Annual Report for the period Period stsrt dale Period eThJ date re3T From To 2023 Section A Reference and administration details Charity name Almndsbury Charity Othgr names Charity Is known by Registered charity number lif any 202263 Way5vJe'. Sheppefdine Road. Oldbury Naite. OlJbury Sevem Brislol Postcode BS35 1 RJ Names of the charity trustees who manage the charfty oirice Irf any} Vi¢ar St. Chad's Church Patthway Name ol Ferson lor btrdyl entytlÈd toa int trustee iran Tntstee name Da*s aeted if notfor%bthde ear Rev. D. Brae From August 2023 Nominated by Patchway PCC Ms O. Murray Nominated by SL Peterfs Church Pilning Dr. M.Tsemey Resigned August 2023 Nominated by AlmondstAJry pcc (pending appointment of new vicar) Nominated by Almondsbury Parish Council Nominated by Bradley Stoke Town Council Nominated by Patdway Town Council Nominated by Patchway Town Council Nominated by Pilning & Sevem Beach Parish CouncAI Co -OPted Trustee Mrs D. Wlson C¢>OPted Twstee from June 2023 Mrs M. Ward Mr L. Gray Resigned June 2023 Mr D Lawren Appointed August 2023 Mrs H. Rickards Resigned March 2023- o teplacement found Resigned as Chaimi May 2023 Mr J. A. Bamfotth Chaimian 10 Mrs L. M. Hamid MTS J. Jones MrA. Ward Resigned June 2Q23 12 Chaimwi Names of the trustses forthe charity. If a￿. Ifor example, any custodian trustees) Name Dates acted If not for whole ear Names and addresses of advisers Ioptlonal InforniatioTr) e of adviser Name Address Dunkle￿S Chartered nds Grange. Wc¥)dLqnds Lane. Bristol 8S32 4JY (rountan15, Matth•v obbins ndependenl Examiner Investment Managers rewin Dolphin 2 Smithf*ld, London EC1A 9BD Name of chlef executlve or names of $9nlor staff members {Optlonal Informatlon) r. P. Orford, Secretary Section B Structure, overnance and mana ement Descrip￿On of the charlty's trusts Trust Deed Type of goveming document How the charrty is constituied TTUSt Deed dated Tr Jure 1997 Twstee selection meth¢JJs v￿r$ of 3 local d)urches- ex offrxj Representaiives of 4 parishlt(ywn councils- ncynthiated. 5- ec￿0p1ed Irusiees Additional governance issues (Optional Infomiation) Vvhen 2 new Truslee is aptM)inle(I, and pl7￿10 their attendance at theif firsl Trustee meeting. the Chairman will meet w(Ih the Tru51ee and inform them of the background, structu￿. govemance an(5 tules of the Charity. This will Tnclude the purpose of the funds and the overall finanryal posrtion. A pack of Ifomiation be gNen lo the Trustee including a copy of the Trust Deed. You may choose to include addrtional information, %there relevant, aboLrt'. policies 8nd procedures adopted for the induction and the chaTily's organisat￿nal structure and any wider network wrth which the chariiy. works., This financial year has been unparalleled in terms of Tru*ee changes. Frx muth ol Ihe year the Charity has operated wrthtyjl its ￿ resident vicars and has lost the servi￿5 offwe Trustees, albeit. in s(¥ne cases on a temp)rary basis. relationship with any related parties.. ITU5tees' consideration of major risks and the system and procedures to manage The Trustees have assessed the fflajL¥ risks lo vthich the Charity is exposed. in partular those felaÈed lo the operations and fsnances of the Charity. and are satisf*d that systems and procedures are in place to M￿￿jale our exposure to the major risks. them. Almondsbury Charity r￿1VeS ￿coMe from 8 Portfolio of investments wh￿h is wofessionally managed. Income accwed during any financial year is not available for distribution until after the erkd or that year. As staled in the trust deed, the net income, after managemenl expenses. is distribuied between the Ecclesiastical Fund and the Educational and Relief Fund on a 40°h-6￿/0 asis. For this rep￿ing year, the Trust￿S have opteL% to repotl under the Receipts and Payments basis. as this saves morley for the Chariiy, and allows for a more slraighl-forward report. As part of this change. any debtors. uedkors and unpaid an￿unIS Ihat wotjld have been adjusted for in the prev¥)us accounts have been unwound to resutt in a wrely cash basis for 2023 and the rJ)mparative figures in these accounls. Section C Ob"ectives and activities 1.The Edu¢al¥)n and Relief Fund 160%) wovides f￿an¢t01 support for the advan￿men1 of educalK)n. for the $￿k and needy and fry services provided by k)cal organisations and InSttut￿ns with41 the old parish of Aknondsbury. Summary of the objects of the harity set out in its governing document 2. The Ec£lesiastical Fund (40%) contri￿teS to the repair and Mainten￿Ce of Ihe fabric of the five named ehurthes as well as furthering the relIg￿uS and chariiable work of the Church of Eng5and within the area of benefrt. The TnFStees are also required to hold an Extra Ordinary Reliel and Building lund to provide for any ￿nex￿ed and urgent repairs, the restoration or rebuildin9 or refurbishing of any churth or other place of religious ￿rShip attended by rfEmbers of the Churth of England in the area of benefrt. Prk)r to each meeting Trustees are reminded of the gUKlan￿ issued by the Charf(y CommisS￿)n relalir¢g to public benefft. The Charity fulfils its charitabk Pufposes public benefrt through its grant making Fxjlicy. In aWard￿g grants the Irustees endeavour lo ensure that as many individuals and organisations as w>ssible are helped. In particular the Iruslees are a￿ayS pleaS￿j to receNe applicaticfis from the elderly who are in need and dubs and organtsations Ixter for the social wellbeing of senior itizens. APPI￿lI0n$ are also welojned from young people to enab them to further their education or partictpale ir¢ extracurriojlar or educati￿31 activities as out1￿1ed n Ihe trust deed. The Trustees publiase the work of the L*arrty and have conlaLt wth local health visitors, s(Xkql and ¢ommunfly I.￿rkerS as well as placing regular noliTrs in local magazines. Summary ofthe maln activities undertaken for the publlc benellt In relatlon to these objects (include within this sectlon the ststutory declaratlon that trustees have had regard to the guidance Issued by the Charlty Commlsslon on publlc benefit) Grants 2022-2023 The Chaity fU￿￿S Fis chariiable purposes for public benefrt through its granl making proctss. To be eloible for assiS￿ce all indivKluals arKI org8nis8tions must live or meet in the wish of Almondsbury a5 defined on January 1st 1881. Th￿e can be no exceptions to this. In the year under review Ihe Ecclesiaslical Fund financed Ihe preparation of a schedule of wcffks for All Sainlg Church, Compton Greenfield. provided the funding for a church group to attend an educational trip to Comwall. and fmanced 7 pupiL% to participate in their annual school trip. The EcclesiastKal Fund as well as the Education and Relief Fund provided grants. on a per Capita basis, fry pupils in all schools in the area to enablè them to purchase txK)ks a￿VOr equiprwt. The Educati(￿ and Relief Fund gave granls to all senior cbtvzens clubs who were still meeting. after the pandemic. Support was given to Sl. Pelerfs Hospti based on the number of patients Itving in the area who received treatment during the year. The Charty supported a local pre-school and a support Club. The charity enabkd 12 cl)ildren in Year 6 to participate in school vists and two uni¥eTsFiy students were gtven grants towards the )st of Looksle ui menl. Six le received wh¢te oods or car els. Addltional details of objectlves and activities (Optional Informatlonl Section D Achievements and performance (The figu￿$ quoted in this section use an ac¢xuals basis ralher tlyan the receipts payments basis shovm in the accounlsl. Brewin Dolphin, (the Chartrfs inveslrnenl advisoT51 are in51fuded lo oivest to maximise the total retum on funds within the constraints ol a medium lo low risk investmenl pwifolio_ Polrtical un¢ertainty together wth the effects of the war oi Ukraine and the slow recovery from the Covhl pandemic have had an adverse on stock markets throughout the world. However. uTrJer drfficult circumstances the portfolio has perfonned reLg1svely well. The value of nel assets increased fr(xn £ 2.848,676 to £ 2,886.350 in the currenl financial year. Net in￿rne (after support costs) was £68.083 compared wrEh £67.939 during the previous financial year. Section D Achievements and performance The Ecclesiaslical Fund stsrts 202>2024 wth £219.375 available for disInbut•￿ the Education arKI RelRf fund with £154.980. Ecc19siastical fund During the year grants made tolalled £10,060 comp*ed wth £9226 21r21-2022. However. the costs of repairing and mafftlaining the fabri¢ of the thurches are considerabk and requests are often unforeseen and Education and Relief Fund Grants made during the yeartotalled £ 31.448 compared with £27.5Cg in Ihe previous year. Extraordlnary fund Under the temis of the trust deed Tfustees are requwed to maintaii an Extraordinay Repair and Building Fund lo defray the eost of unexpecled and urgent repairs to any ofthe fr¥e churthes in the area of benefft. No grants were made from this fund during the peniKI Ociober 2022 to September 20Y3. Al the end of September 2023 the value vrd5 £19,504 c¢Jnp¥ed with £16.424 at the ofthe tfftKJus year. Three of the five thurches are ecjjmenical, and it is expected that their partner denOMinat￿nS will contribute to their general upkeep. Therefore. as the demands are small it is assurned that the capital growih wll be sufficienl to mèet requirements. At kyesent the Trustees do not consider f( necessary to transfer any of the Charity's annual income into the Extraordinary Fund. Income frcrfn the Extrac*d#iary Fund is shared. ween the other two funds. Section E Financial review The Charitls income during any year is alkn￿ to accumulate and is not available for distributKJn until the end of the financial year in which it is receNed. Any incoffE not spent Ni any year is carried overto the lolkm.ng year. Brief slatement of the charity's pollcy on reserrfes Details of any funds materially In deflclt None Furtherflnanclal revSew detslls (Optional inforniation) You may choose lo include additional infom1atic￿. vthe relevant about.. the d)arit¥s prinapal sources of ftjnds linthding any fundraisingi., how expenditure has supported the key objectives of the cha¥rty', investment poliq and objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration The tntstees declare that they have approved the trustees. report abov Slgned on behalf olthe charity's trustees Slgn8turels) Full namels} Position leg Secretsry. Chair, etcl C￿￿1 Lal CC16a Receipts and payments accounts For the period from To 1st Oct 2￿22 30th Sept 2Q23 Section A Receipts and ments Unrestricted funds to the nearost Rèstrtcted funds Endowment funds iothe nearest£ Totsl funds Last year iothe nearns¢£ to the n￿rest£ neaTr5t£ A1 Reeel Brewn 74.815 75,$64 74.815 707 910 SaciÈty Ilnterest received Donation 707 3,746 S¢hroders 887 734 Sub total(Gro ss inGome for AR) 76.409 76.4 eo,954 A2 Asset and investment sales see table Nationwld e sale Sub total Total receipts 76.409 80.954 A3 PA I len¥¥ Grants- Ecde5iastical Fund Grants- Educ8bon & Relief Fund 13.700 17.576 13,71KI 30,013 27.522 30.013 P0s￿ge. IT siatsonary, Tele one Cost of meetino rooms 531 514 10 49 10 -a'Jlll Costs 8.088 7.711 ChaIr[r￿￿'S Hono￿nuM Audit Fee 800 780 2,040 Bank Char as Storage C051s Sub total 59 432 432 432 53.643 57,097 S3.643 A4 Assa: Ènd InTas:_,e urchases see tsble Brewin Dol hin 200.000 Sknb tot-l 2QD.WO 200.000 Total payment 253.643 57,097 253.643 Net of receApts/{ payment 177.234 23.857 177.234 Transfets between funds A6 Cash funds last year end Cash funds this year end 362,633 338,776 362,633 185,399 362,633 18S,399 Section B Statement of assets and liabilities at the end of the eriod Categorie Details Unrestricted Restricted funds funds to ￿arÈslE Endowment funds to nearest£ to B1 Cash funds Bank Account IHSBCI 107.495 8u1￿1￿9.900etydeO0Sls (Wirginl Total cash lunds IwJiEe rewts aThJ pavl￿ts OK aLJ))unMsj} Unrestricted Restrlcted fvnds funds Endowment funds to neare5te 19.504 Details Schroder Fund to npar2St£ to nearest£ B2 Other monetary assets Deiails Furtdto whi¢h Cost {opliorAII Currpnt value loplioiknlj B3 Investme nt assets siocks & Share5 (Brèwn Dolph8)} 2.700.951 Details Fund to ich asset belon Cost loptiontll Ctsffenl value loptionall 84 Assets retained for the charlty's Thwn iJo• Details Fund to which rela Unrestsicted Amouni due tiorol lth¢n due loptionall B5 Liabilltie Grants paya￿e- EcdesiasI￿al 1.470 Hall Hire UnFestsxted Chaitrrwn's Honordriwn un￿StsiCted 400 701 Secretary's Sa￿ty Unrest￿le n Signed by one or Iwo trustees on behaw ot all ￿ trustees. io INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ALPIONDSBURY CHARITY Independent examiner's report to the trustees of Almondsbury Charity I report to the charrty Iruslees on my examination ol the ￿coUntS of AlmondstyJry Charity for the year ended 30 Senlember 2023 Responsibllities and basis of report As the ¢harily trustees ol the Trust you are responsible for the preparation ol the accounts ¥i accordance wth the requirements ol the Charities Act 2011 1.the Act'i. I report in resped of my examination ol the Trust's accounts carried out under section 145 01 the Act Bnd in carrvina out mv exainination I have followed all aDolicable Oireclions oiven bv the Charilv Commission under section 14515ljbl of the Act. Independent examlneffs statement I have ¢ompleled my examination. I corilimi that no material matters have Co￿te to my attentKJn in connèction wilh the examination giving me cause to believe that in any material iespect". accounting records were not kept in respect of the Trust as requ¥ed by Sect￿ll 130 of the A¢l'. or 2. the accounts do not 8￿cOrd with Ihose records. or 3. the accounts do not comply y￿th Ihe 3pplipAb5e requiremen:s conceining the form and content of accounts sel out in the Charilies IAccounts 2nd Reports} Regulations 2008 other than any requirement that the accounts give a true and fair vievj whth is not a mallet ¢onstdered as part Df an independent examination. I have no concerns and have come across no other matters in connection wrth the examination to which atiention should be drawi in this report in order to enable a proper understanding of the accounls to be reached. Matthew Dobbins FCA Dunkley's Woodlands Grange Woodlands Lane Bradley Stoke Biislol BS32 4JY Dale".