The Erlc W. Vkneent Trust Fund
Registered ChArity no. 21M843
Trustee Report ard Aeeouttts
for the year ended 31 March 2024

The Erie W. Vlncent Trust Fund
Accounts
for the year ended 31 MAreh 2024
Contents
Page
Trustee Rep)rt
Income and Expenses Account
Statement of Assets and Liabilities
Notes to the accounts
Irtdependent ExAmitier's Rq)ort

The Erie W. Vln¢eJJt Th15t Fund
Registered Charity No. 204843
Tntstees. Rwrt for the year ended 31 March 2024
ChaTAty Principal Add￿. PO Box 17140 Halesowen B62 2LF
The trust¢¢s pr¢s¢nt their annual reportfor the year¢llded 31 March 2024 unikT the Charities Act 201 I, together
with the ac¢ounts for the year.
Trnstees:
The trustees who held office durymg the year were as follows:
Mrs D Williams (Chainnan)
Nfr S G Peny (Deputy Chairman- Finan¢¢)
Mr A Henshaw IDeputy ChainnaD- Technology)
Mrs B H Hill (Deputy Cha]rn￿- Grants)
MrARBiwh
Mrs M M England
MTS M J Harding
Mrs M Benjami
Mr P Stobbs (resigned 19 July 2023)
Ms S WO￿11 (r￿1glled 15 November 2023)
Structurè GoverDan¢e Management.
The clwity established by atrust deed on 22 May 1954. The chaTity is governedby t￿￿ who fonnulats
the strategy and poli¢i¢s. Non¢ of th¢ twstees rettives payment for his or ber services. Day-to-day matters are
ouducted by apaid Clerk to tbe T￿￿e¢s. the tsust's sole employee.
Object$ and A¢tivities:
The twst¢¢s JJav¢ dis¢retion to apply the income for the benefiL prefern)en¢ &gsistance or advancement of
religious, educattonai. Cultural or other charitable objects, including the benefit and welfare of all ag¢ groups
where need exists. All the activiti¢s duting Éh¢ yearw¢r¢ in ruaking grdnts available to institutions fortheir work
OIL projects to bcnefit the cornm￿ty or to Insti￿tionS for the welfare and benefit of individualb".
Publle BeDeflt Statement:
The chority tn￿tee$ are satisfied that they have complied with their duty to have due regard to the guidance on
public betlefit published by th¢ Charity Con)m1wo￿ in exercising th¢ir powers and duties. Sixty-three grants
(12 more than during the previous yw) were nMde to institutions for their chaTitable causes. ranging bettveen
£258 and £1,000. One application was Teiethd alld thre¢ w¢re d¢f¢rr¢d Fourteen * (nine more than the
pr¢vious year) were given to insti￿tionS for th¢ benefit of individuals. ranging betw¢en £100 and £175. The
total paid out io grants during the year vths £33,814.00 (£31.789.00 to orgaBi￿1onS and £2,025.00 to
individua]s) as shown in the notes to the acc¢)unts. The trusl¢es were concerned durtng th¢ previous year that
the number of applicatiolls was droppin& but this concern is no longer appropriate. The Clerk's investigations
disclosed many staff¢haDg¢s in orgallisations which had appliedto thetTusi fromtime to time, and0r1￿changeS
wbich had aris¢n of the pandemic.

The Eric W. Vm¢ent Trn5t Fund
Other InformAtion:
The tnLsfr¢s reluctalltIy accepted the resigtia1ions of two of their number because both were now bas¢d n￿ljIY
outsid¢ our are4 one for family r¢asofjs and one forprofessional r¢&sons. We were sad to see them go. and very
gratefvl for their contributions during their lernL8 as t￿Stees. By the end of the fiDancial year ttyo potential
replacement trustees had been id¢ntifi¢d and they were be appointed at the meeting of the rLew financial
year, in May 2024.
The trustee5 continued to hold their r¢gular meetings, May. April, September and Mareh An persoD at Dame
Elizabeth Hall, FiTbank Close. B30 IUA. and November and January remotely.
They have Cothinued to review their po]icies and intend major r¢visions during the next fllmncial y￿.
During th¢ year tbe Tn￿t'S website tvas aclivatsl after some issues resolved by Mr Henshaw. The &ldress is:
ii".cThcThTr"iiiccnttrust.or
The T￿￿t also has a new email address: info.LL'ericwiwincenrtrust.or(r
Reserves:
It is the policy of the ChaTity to maintain unrestricted fimds, which are the free reserves for the Charity, at a
evel which equates approximately to one yw's unrestricted expenditsre. These reserves pmvide sufficient
fimds to cov¢r markagem¢n¢ admiDtstration and support ¢osts and also to enable the Trust to Tespond tr)
ell￿rgenCy applications for grants which ￿lse from time to time.

The Eric W. Vincent Trust Fund
IM¢ome attd Expenses Aecount
for the year ended 31 M¥rch 2024
21)24
Endowment Unrestricted
Fwids
Funds
21123
Totsl
Totsl
IDCOtiie
Investsnent ltteome- Dividends 2nd Interest
- Interest on Cash Deposits
814
56390
63
57204
63
58.669
L¢ga¢i¢s
814
56.453
57267
58,669
Grants Payabl¢ for individuals (note l)
(Irants Payable for itistitijttoni (note l)
2,W25
31,789
33,814
2,025
31,789
33.814
625
26,065
26.690
Portfolio Manag¢ment Fee&
Clerk's salary
ROO￿ Hire
PO Box Delivery AJJnual Fee
Priniing, p08tag4 8rauon¢ry 2nd swMlri¢s
Insurnice
Utilities Allowanc¢
Travel Expens¢s
12.094
12,094
12.422
6,1(M)
160
378
198
155
216
20
1400
359
169
122
22.699
6,800
158
396
,106
155
216
158
396
I,ioo
155
216
1520
389
160
135
12.035
2,520
389
Paymll Servi¢¢5
Bank Charges
Subs¢riptioDs
135
24.129
11094
Tot￿ Resollrces E4>eDded
12.094
45.849
57.943
Net ltttffttting (OKtgti1￿* Resollrees for tbe year
11280
10,6(H
676
9280
arket v81
11545)
96,976
(2.545)
96.976
94.431
78.016
unr￿]Sed
126515
Net sU￿lUs (Deficit)
R¢serves Brought ForwBrd
Reserves Canied For￿rd
83.151
1,719,470
1 802.621
10.604
91.811
102,415
93.755
1.811281
1905.036
{117,235)
1928 516
.811281

The Erie W. Vin¢entTrustFund
Sta¢ement of Assets and Liabilities
for the year ended 31 Marelk 2024
2023
BaDk and Casb BaJaDces
94.000
58
82963
45
Cash in hand
Inv¢slD]eut Fund Casb D¢po8its
- C]ient Account
- Ineome A¢￿￿nt
24213
8J57
8.803
Totsl Cash Balallees
126.628
161280
- Elldowrneut Fund
. UDre6tri¢ted
24213
102,415
69.469
91.811
InvestD]ent Assets- EDdoThryllentFwids 2)
lttvesthient Fund- InV¢SÉ￿e￿ts Held
1.778,408
1.650.(M)I
Trtal assets
1.905.036
1,811.281
Reserves
Endowrnellt RL%erve
Unrestricted Resctv
1,802,fj21
102,415
1,905,036
1.719.470
91.811
1.811281
The trnstees approve the financial infommtion whicb conwrises the Income attd Ewtlses aceoutt¢ Stat¢￿¢llt
of Assets and Liabilities aud thE rElated not¢& They acknowkdge theirrtsponsibility for the COU￿11all0￿ of the
finattciaE inforn?atiotL
Sfigned and Apprtyv¢d Behalf of the Tr#st¢
- Chairroan
Mrs. Pury
Date: 17 'a Jc2s-
/? /,/gf

The Eric W. Vlnceat Trust Fwid
Y4otes to the accounts
for the year ended 31 M#reh 2024
Grants Payable
The numb¢T of grants awarded and arfjounts payable in the year w¢ff as follows:
2024
2023
llo
no
For the benefit of ?nstitutioiJs
For the ben¢fit of illdividuals
49
14
31.789
2.025
46
26.065
625
63
33,814
51
26,690
Grn)ts paid in the year
63
33,814
51
26.690
By the end of the current year, all grants authori8ed and committed to, were p8t&
Investment Portfollo- Investments held
Ye¥r ended Year ended
31 Marcb 31 March
2024
2023
Market Valu¢ Brought Forward at l April
Aqulsitions
Sale Proceeds
Gaio in Market Value on Disposals
Gain (Loss} in Market Value on Inv&8tments Retained
M&ket Value Carried FoAvrnrd at 31 March
1,650.001
1,790,409
294,479
201J80
(260,503} (215,273)
(2,545)
78,016
96,976
(204,531)
1,778,408
1.650,001

IndeptndeDt Examiner'5 Report to the
The Erlc W. Villcent Trnst Fund (registered charity no. 2fJ4843)
on the accounts for the ye#r ended 31 March 2024 set out on pages 3 to S
Respective Respon5ibiJities of Trnstees 4nd the Ex4miner
The cbarity's trustees ar¢ r¢5ponsible for th¢ PT¢paration of the accoun￿ The ¢haTAty's trustees ¢onsider that an
audit is not required for this year (ullder s¢ction 144 (2) of th¢ Clwitie5 Act 2011 (tbe Act)) arld that all
independent examination is n¢¢ded.
It is Ourresponsi￿]Iity lo:
¢xamin¢ the accounts (under section 145 of th¢ Act).
to followtheprocedur¢s laid down in the general directions given bytheChaTity Commission (unders¢¢tion
145(5)(b) of the ACL and
to state wbetherparticular matters have come to our att¢ntion.
Basis of Independent Examiner's Ststement
Our ¢xamination was Ca￿led out in accordattc¢ with g¢n¢ral directions given by tbe cI￿lty Commissioners.
AD examination includes arevi¢w ofthe accountiDgrecords keptbythe charityand a ¢omparison of the accounts
pr¢sellt¢d with those records. It also includes consideration of any unusual items or disclosures in the accounts
and seeking explanations from th¢ trustees conceming any s￿h ll￿tt￿s. The procedures widertJken do not
provide ail th¢ evidence that would be required in an audit and ther¢fore we do not express 8n audit opinion on
the accounts as to whether the awounts show a trne and fair vivw. The report is limited to thos¢ ￿￿tte[S set o
in tbe statement below.
Independent Examiner's Statement
In the cowse of our examination, no matter ])as come to our attentiot
i) which giv￿ us reasonable cause to believe, that in any material respe¢¢ th¢ tNS¢ees have not rn¢t th¢
requirements to ensure that
proper ac¢ounting records are kept (in accordance with section 130 of the Act) ar
accounts are prepar¢d wbich agree with th¢ accounting ￿cordS 2nd comply with the accounting
requirements of tb¢ act. or
ii) to which in our opiniow attention should be drawn in ordeT to enable a proper understanding of the aCCo￿ts
lo be T￿be
Katherine Jones
Instithte of Chartered Accowitants England & Wales
Cutter & Co. Ltd
140 New Road
Aston Fields
Bromsgrove
Wor
B60 2LE
Dats: