THE PRESTBURY UNITED CHARITIES
PREsfBURY, CHELTENHAM
REGISTERED CHARITY 202655
TRUSTEES ANNUAL REPORT
FOR
2024

THE PREsfBURY UNrrED CHARrriES
REGisfERED CHARITY 202655
TRUSTEES, ANNUAL REPORT FOR 2024
The registered name of the Charity is The Prestbury Charity butthe Scheme states that the
Charity is known locally as The Prestbury United Charities IPUCI.
The Reglstered Address is that of the Clerk:
34 Desert Orchid Road, Prestbury. Cheltenham. Gloucestershire GL52 5FD
The Governing Document is the Scheme of the Charity Commlssioners dated 10th April 1991
th
together wlth a scheme issued on 4th August 2010, and a further scheme issued 10 December
2019.
The Persons Le8ally Responsible durlng the year were the Trustees, namely:
Cathy Hunt, nomlnated IPPCI, Chair
Wendy Price. co-opted. Vice-chalr
Kate Bishop. nominated IPPCI
Martyn Hansen, nominated {PPC)
Nlcholas Roach, co-opted
Clalre Morris. COryOPted
Stan Smith, nominated {CBCI appointed January 2024
Philip Nigel Woodcock. co-opted resigned April 2024
John Payne, co-opted appointed August 2024
Reverend Nicholas Bromfield, ex officio
The Councils of Prestbury Parish (31 and Cheltenham Borou8h111 have
powers to nominate the number of Trustees indicated.
The Charity'5 Main Agents are as follows:
Bankers: HSBC, 2 The Promenade, Cheltenham, Gloucestershlre. GL50 ILS
Independent Examiner: John S White, Tudor Cottage, 2 High Street, Prestbury,
Cheltenham. GL52 3AS
Investment Advisor- Mr Nicholas Roach. Moss Bank Farm, Upper Mill Lane, Prestbury,
Cheltenham, Gloucestershire, GL52 3NF
The Scheme contains the following Restrictions-
The Charity's area of benefit is the postal code areas of GL50. GL51, GL52, and GL53 with
preference retained for those livin8 firstly in Prestbury and secondly in Swindon Villa8e or
Southam.
In applyin8the income of PUC, the Trustees shall not commit themselves to repeat or
renew the relief granted on any occasion in any case; the Charity shall not apply income
direttly to relieve public funds.
£11,001 Iwhich has been invested} is stated by the Scheme to be permanent endowment.
The Prestbury United Charities Trustees, Annual Report for 2024

The Prestbury Unlted Chartties Is normally admlnistered by nine trustees and a clerk who works on
self-employed basis, being remunerated for hours worked. It has no paid employees.
The income of the charity is made up of dividends and interest on investments.
In 2024 the total income received was £28,997.10
The Prestbury United Charities uses the income from investments to meet the needs of applicants
whom the trustees consider are ellgible for assistance. Durlng 2024 the PUC approved 16
applications from individuals or organisations whose fulfilment cost £5,459.32.
In 2021 the PUC established a partnership with the Cheltenham office of the P3 charity to extend
relief to those in need In Its area of benefft. P3 helps persons who are homeless or have recently
been found accommodation and need basic household items. Ourin8 2024 the P3 charity was
granted further funds of £3,CMXI.IXI to administer on the same application basis asthe PUC but with
maxlmum individual grant limit of £500.¢XI. In 2024 the P3 Charity approved 28 applicatlons and
spent £5,070.90 In their fulfilment. There was a balance of cumulative grant monies awarded to P3
of £2,895.87 at the end of the year.
In addltlon. grants amountln8 to £9.000.00 were made to the Cheltenham Foodbank.
In total, grants of £17,459.12 were made durin8 2024 by the PUC. Overheads for the year were
£3.689.00.
In 2024 the total expend5ture was £21,218.72.
In 2024 there was a surplus of Income over expenditure of £7,778.38. That contrasts with a surplus
of £3,354.01 in 2023,. a deficlt of (£1,344.95) In 2022; and a deficit of1£9,163.531 in 2021.
During 2024 the trustees re-lnvested £30,IJ)O.¢yJ that had accumulated in its bank deposit account
accruing from dividend income that was surplus to its annual expenditure over several previous
vears.
The financial policies followed by the PUC durin8 the year were:
Trustees shall ensure that investments comply with the Trustee Act 20LK) {or any later
version). and that:
1.1 The aim of the Trustees is to protect the value of the investments against
Inflation.
1.2 The Trustees take'proper advice" when Investing. Thls advlce is to be glven by a
Stockbroker or other suitably qualified financial advisor and the Trustees
must ensure that:
1.2.1 There is a proper diversification of investments. and,
1.2.2 The investments are suitable to meet the needs of the Charity. and,
1.2.3 The risk is acceptable.
Cathy Hunt
Chair of Trustees
Date
lfi-. c.
2olS
The Prestbury United Charities Trustees. Annual Report for 2024

THE PRESTBURY UNITED CHARITIES
PREsfBURY. CHELTENHAM
REGIStERED CHARITY 202655
STATEMENT OF FINANCIAL
ACTIVITIES
FOR
FOR THE YEAR TO 31 ST DECEMBER 2024
I . STATEMENT OF FINANCIAL ACTIVITIES
2.BALANCE SHEEr
A. TRUSTEE'S APPROVAL SIGNATURE AND DATE
3. NOTES TO THE ACCOUNTS

Prestbury Unlted Charllles
ststement of Finartcial A¢tivrtes
forthe Year to 31 December 2024
Tolal
20
InvestmBnt Income
gJndrydon*iun5
Total Irrtom1￿ Re50w¢es
28997.10
27.158A7
25,11425
28.997.10
27,158.87
25.114.25
rheads
3.759
17,45932
30,(O)£
51J18.n
3.725.04
79A2
2.979.67
13,47933
Investmerrt5
Totsl Re￿u￿r•S w•d
26.459.20
Surpluv ID•fi(Itlol&K•m•O¥wExp•￿d1￿*
.UJL62
3J54.01
.L344.95
ID•LYt￿￿r￿•$• In
InwtmentValu•U
413>7.44
1i763.19
.54829m
Totsifvnds broL*htloTh¥w
6SW122
n&762.19
Totsl Fun¢stswrhd Fowrd
7W)m124
6•1705.42
656,58822

Piestbury Unlted Charfties
Balance Sheet
for the Year to 31 De¢ember 2024
Noi
2024
2022
The assets and liabilities of thÈ charity..
Investments
669￿7￿8
627.19).14
6A26.95
Cash at bank
3129>66
53.515.28
50.161.27
NetAssets
.705.42
The fvnd50fthe th•rfty'.
Llnrèstilcied In¢ome funds
.705.42
656 588.22
Apprfftd bythe trustees on
18FK Zozs
Ch•knan

Prestbury United Charities
Notes to the accounts
for the Year to 31 December 2024
Accountin8 pollcies
Basis of preparation of the accounts
The financial statements have been prepared under the historical cost convention.
The account5 have been p￿pared in accordance with-
the Financial Reporting Stsndard applicable in the United Kingdom and Republic
of Ireland
Charities SORP FRS 102
the Charltles Act 2011
Funds structure policy
The charlty malntalns a general unrestricted fund which represents funds that are
expendable at the discretion of the trustees In furtherance of the objectives of
the Charty.
The oblectlve of the charty bein8 the relief of those in need in the Pre5tbury area
Including Post Codes GL50, GL51, GL52 and GL53.
Analysls of UK Investments
2024
2023
2022
COIF
M&G Chartlund
M&G Charlbond
336,597.45
279,773.26
53,156.87
669.527.58
299,427.31
272.664.92
55.097.91
627.190.14
273,842.08
279,226.02
53,358.85
606.426.95

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs
report on the accounts
Section A
Independent Examinerfs Report
Report to thè trusteesl
members ol
The Prestbury Charity {also known as The Prestbury United Charities)
On accounts for the year
ended
31¥t December 2024
Charity no
lif any)
202655
Set out on pages
I r8POrt to the trustees on my examination of the accounts of the above
charrty (Ihe Twsf) for the year ended 3111212024.
Rogpon8ibilities and As the ¢harity trustees of the Trust. you are responsible for the preparation
basis of rgport of the accounts In accordance wrth the requirements of the Charities Act
2011 ('the Acr)
I report in respect of my examination of the Trust's accounts carried out
under section 145 ofthe 2011 Act and in carying out my examination, I
have followed the applicable Directions given by the Charity Commission
under section 145{5)Ib) of the Ad.
I have Completed my examination. I confinn that no malerial matters have
come to my attention (other than that disclosed below ') in connection wrth
the examinatlon which gives me cause to believe that in, any material
respect..
accounting records were not kept In accordance wrth section 130 of
the Act or
the accounts do not accord wrth the accounting records
I have no con¢ems and have come across no other matters in connection
with the examination to which attention should be drawn in order to enable a
proFer understanding of the accounts to b8 reached.
. Please ddele the words in the brackets rf they do not apply.
Indepondent
examiner's statement
Slgned:
Date:
Name:
Relevant professlonal
qualificationls) or body
Ilf any)".
Address:
i e.*f 5"T2Eo-I
L ￿7
IL42 ZAS.
IER
October 2018

Section B
Disclosure
Only complete rf the examiner needs to highlight matters of concern (see CC32,
Independent examinat.on of chaiity acownts.. directions and guidance for
examiners).
Give here brief details of
any items that the
examiner wishes to
disclose.
IER
October 2018