Charity number.. 205357 The TrntOn Trust Report of the Trustees and Unaudited Financial Siatements For the year ended 05 April 2021
The Thomton Trust Contents Page For the year ended 05 April 2021 1 to2 dept Ex*we¢s R4>)rt lo thè Tr18?8 ststwneTht(rf Slatfrnw)t of Fin0tKy Posi Notes to the &atements 6t09 10
The Thomton Trusi Rep(irt of the Twstees For the year ended 05 Aprtl 2021 The Trustees have EaSUre In prnsenbry thr ryrt and the Slatements for Ihe eliatity for lh8 y1 ended OSAprA 2021. The Twsiè¢s hav8 adeptsd of Attwnting by chwI8. St3knnt of RèL¥)mmen¢ed Ptsclice app1i¢abl& to choritie5 preparing their accounts ui 0(txxdara wlth tt Rewxkng StsThJ8rd aNIKable in the UK and the Republic of Ireland IFRS 1021 lelrectsve 1 JUary2o19). 08JECTNES AND ACTNITIES Oble¢llvs and aims The objects rf the chanty are as sei in Ihe Twst Deed 8rMI are aChVed by wanis organisation6 invold. The Trust Oeed slates that the wnLipal acttwbe5 are and furthenn9 of educaboTr and Ihe ovanoalicai Christian failh and assistsng in the relief of sickness. suffenng ar povtty. Some INyantsations are inwA¥ed ln all the o¢uvIts referred to in the deed. bul generally a third in supporring the Chrisiian cwth. a55L¥Jated %Kieties In ibe (£Xthlry. a thifd in Chnsti3n missions and reliefwoik overseas. and the barKe ln arwj ¢Xher. ThB Iruslees have ctyisidwed Ihts 9uMlarKe on benefil, the guklanee 'publi¢ Ln6fft'. runniTrJ a charity IP821'. Glantmaking The pollcy for 9rani is to SUPPDrt ¢haiths whK YYk with the and fvrtherir¥J of ethKal¥Jn 8nd thB angelIcal ChrL8ban faith assrJting in the rettdof Se13rJ aTrl ptyty. The TnJstse$ d8vdopeO the granlryw to Onwre Ihat tifurttw5 obJe¢ls. effecty¥dy and effitsti[. ACMIEVEMEKf5 ANO PERFQRMA14CE Aehlèvomonls •9•¥t objKtives Th? charity ¥y5 a 5rnall part gknn9 grants to varkxL% as Otiths and Arbdes. FINANCLAL AEVIEW SlgnSff¢ant e¥qnts In Ihe of the TSle¢s, Ihe TrLLMWgS in a satstory po110 atlhe end olthe ar. It is the poÈlcy of the Tntslee5 lo fftve$t the resu¥E5 in speaaltst ¥eStrents for tharities to supwrt its ch2rilatrAe dLslribulions. Thè trustees have ton¢lwed the nsks al Ihe caniy fa¢e$ aThJ cL¥)fvm thai systems havo bten estht4ished to rriligaie th8 risks identffjed. STRIJCTIJRE, GOVERfvIANCE AND MANAGEMENT Gowrnlng document The trusl was c¥eated by De8d on 14 Match 1962as th8 LNx4L8s Betty Thrnton Twst to enable the Settlot5 t¢ ctrordin4te the choritable giwng. Followng Ihe appointmeni ofJ D Thormon as a In188 Mwch 1977 Ihe n¥t)e wa5 chaw by tnJ5tJeetttoThe Thomton Trust. Tho trustees have the its spprxl irKome and c8Prtal and Kenbfy tyganr4ation5 and groietss they to support. and do not reSpd to speculative appli¢ations lorgr2nts. The Trusi onty recewe5 giftsfrixn Ehe trustees. Trn818es ar? appcNnled bytho Settkx5 8fKI ¥fterlhdÈ#lh by a c4th8 trnsteos REFERENCF AND ADMINISTfiATIVE INFORMAnON Name ol Char TheThorrkn Twsi Charlty r•gl$tr8tktn nUrnr Prlndpal address 25 Streot SG14 IHH Tru5taos Th8 Vvstee8 offKer& Sn0 duriNJ ts year and Sbnce ye¥wd re as foH¢Ms" James Owglas Th(wnt Mrs VIVWbne Janet Tl¥Jmt(l Cawme aabeth Grace ATWWI 1 of10
The Thomlon TnJsl Report of the Trustees Continued For ihe year ended 05 April 2021 Indapend•nf èx•miners Toplax PTS LirThled 238 Fcrt Slrg8t SG14 IDJ B•ok•rs Bartlays 114 Fenthwth StrEet EC3P 3HY Approved by the 808fd ofTws¢8es and on beh 25 January Z022 ouglas Thomton 2d10
The Thomlon Trust Inflependent Examiners Report lo the Tnjstees For the year ended 05 April 2021 l rnp¢>rt to the trustees on my exaftmnalvjn of Ihe accwnts c4 th8 caritykyts year OS 221 R88p•n51bllltlg$ at)d basts of r•port As th8 carty twsiees. are rgsp)rth of act4ts in 8Ltorkn ¥th Ihe requirements of Ihe Charm Act 2011 fthe 2011 Acfl. report in raspect of my examination ot thè LariWs 8ceounts ried wKIEr 5ecti)n 145of the 2011 Act and in carryln9 Out my exa080 I have folkThd aa Ihe 1810 Direrthws gwI Cherity er sectitin 14515Xbl ol thtA Indep•ndent examlners slat&m•nt I have compkted my examinabon. l Ihat Th) matt5 have ts) my att8ThtiN &) winerJiJnth the examin8tDn givitvJ me caus? ie beliv4e that in w materi resFé¢ 1. 8¢cOun records We noi kept In re5peu ofthe thrity88 wiHred byS0o)n 130 of th¢ 2011 Art or 2. the acrA)unts do rtoi accord with I$TecOrdS. or 3. the accounis do not comply ¥Yith Iiie applicable rBquwements ¢Mwniry fom cL¥thnt ol acc16 sel wi in th8 chall$ IAcwunts and RapDrtsl Regv18irls 2008 otrr any rew¥tthathats gNe a ts and fwr whlth is ryjt ? matter Considered as part ol an dePendent reportin order to enab a wDper uThJ8rsiand¥vJ ottha acts to Trac. Toptax P S Limited 23a FO Street H?rttord SG14 1DJ 3of10
The Thornton Trust Statement of Financial Activities For the year ended 05 April 2021 Unr88tricted funds 2020 Incorne and endowmerbts from.. Donatn& and legacie5 Inve8lment¥ Total 37,118 25.837 23.753 20,408 62,753 44,1BI EXnditUr0 on: Raislng funds Tolal 179,5511 (79,5SII 152.0841 152,0841 Nei galnsllk)ssesl on iftvestments Other N¢ogn15•d 9alnsnoss Net movement In fvnd 184,035 1167,2391 167,237 1175,1821 R8con¢lllaiioh of fund$ Tolai fuTtd5 broughtforwwd T•thi funds ¢*rrfed lon¥grd 692.453 867,615 859.69Q 692.4sa 4of10
The Thomton Trust Statement of Finanaal P0Son As at 05 April 2021 2021 2020 Fi¥•d assets Inve$brents 8S7.674 673.838 8S7.874 673,638 Current 3¥8ets Cash ai bank and In h8nd 2.516 2Q.Q15 2,516 2Q.Q15 Crodltors." amounts faUin9 du¢ WI1 om ytsT 10 Iswi 11.2001 Net current assets 2,016 18.815 Totsl as$¢ts 18$5 currontllabllÈs 159,690 692,453 Not a¥8ets 859.690 fjYZN$3 Th• Of the charfty Unresiricted incLwe funds 11 859.61 692,453 Total 859.690 692A53 The financHI 5tatem8nts We apmved and 11e fc¢i5we bythe Bo¥d arKE hs bew by. es Dou las Thornien 25 2022 5of10
The Thomton Trust Notes lo the Financial Statements For the year en(led 05 April 2021 1. A¢Gountlng Poll¢l•¥ 8•si8 of accountlng The finaal stslemenls have been yepared undw hi5tMcal wlventK. except for investments are induded 8t market walu8 and the revaknatits) oftertain fixed osseis accordae Challe& SORP IFRS 1021 AccounbrKJ and Reporbng by Chare&.. Statemeni ol RecommeThled PTrcbce appkatrAe io (3Dties prep3n Iheir aeeounts in aceordan¢e wth the Financial Reporting St¥f¥JaFd aPKable In the UK and Repub5¢ uf Ireknd IFRS 1021 ieffectNe 1 January 20191. Finanrya5 Reporbng Standard 102 the Fiftand Rewkng appkable in th VK and Repu1¢ of Irelarpj IFRS 1021. th8 Charibes Aut 2011. The fhornton Trusi meets th& defnti4on ofa b2nefftMW wvJerFR$ 12. Assets an(f fiabHths arn recognlsed at N510rtal 510r Wue unkns 01herses1ats the rev1 ac(yJunlwvJ note(sl. Goln9 con¢•rn 2. In¢omR from 4Jonitlons rtd Iwcies 2021 2020 Unte5tricted funtl$ Donabons re¥d 2.401 2,815 Gifts in n4 .715 20.938 37.116 23.7S3 3. Ibvostment incom 2021 2020 Unr•strs¢thd fvr5d5 IrLcome fr(m li$i•o inv6strnonts 25.637 20.408 25,6J7 20.10 4. Expen(lltur• on g•n4r4tin9 donOohs and l•ga¢ies 2021 2020 Unrestricted funds Donalths 79.051 soo 51.484 Support rfj51s $00 79,551 52.084 8of10
The Thmton Trust Notes to the Finanaal Statements Continued For the year ended 05 April 2021 5. Analy¥i¥ 01 sUPPOrt¢Mts 2021 2020 G0veMar Costs 6. incomeFlexwndlturel forthè aT 15 5tsted after Chargin{1l. 2021 2020 Accountsr fet8 7. CompJraUv• forth• Stat•m•nt ol Fi•anth A#ivil Investm¢nts 8. Analyslg of rns)vqmentof commerri•l Invests•fft U$t•d It)¥6¥tmonts Mark&l value * 06 Apr 2020 673.638 Nel gainlllossl * revaluatK)n 184.036 Market wdlue at 05 Awl 2021 857.674 g. Analpi$ of i¢w3trntnts furtds atyearended OSApEil 2021 2021 2020 Unrestrscw fund¥ Lted inve8tr7*nl$ 857.674 673.638 4F7.674 674638 7of10
The Thomton Ttusl Notes to the Financial Ststements ContinLted For the year ended 05 April 2021 10. ¢redltors'. amounts119 du• 0s)o y•ar 2021 2020 AGcruals and deftrrEd irwme 1.200 500 1.200 11. MovBmMt in fvnds urIstrf¢thd Funds ¢omlrvJ Outg06nu GalnG arsd Balance at 051W12O21 General Gwgral 692.453 2.753 179.5511 104.035 859,890 62,75J (79.S511 IW035 859.690 Unrestri¢tqd Fynd¥- Previous year Balan¢fr at 06rnV2019 In¢orning Outoolng G¥jn¥ wn41 lo$s•s Balanc¢ at 0510412020 General 867.615 44.781 1510841 11672391 692A53 667.615 44.1$1 152,OB41 1167,2391 692,4 Vnrn8tri¢fvd fisnd$ GeneRI Generdl 857.674 2,016 859,690 857.674 2,01$ 859.690 8of10
The Thomlon Trust Notes lo the Financial Statements Continijed For the year ended 05 April 2021 Pr•vlou6 yg•r In¥MS N•t curi•n ass•ts i NatA%¥•ts Llnr¢sl¥i¢t•d lunds Ggrtetsl Genefal 673,636 18.815 692.453 673.638 18,815 691453 gello
The Thomlon Trust Detailed Statement of Financial Acti"eS For the year ertded 05 April 2021 3021 2020 INCQME AND EP4DOWIIE14T DatiOnS logaclo Donations 2.401 2,815 20,938 Gifts in nd 34.715 J7,116 21753 Inv05tm¢nls from ¥sted Invesirnents 25.837 20.408 25.6J7 20,408 Total Inming resou*$ 52,753 ,161 EXPEf4DITURE R•i¥ifig donatiofi$ •rKI IwyaGiva OonaUonÉ 179,0511 151.4841 179.0511 151.4841 SUPPORT COSTS GOranCe ¢oJts Governance costs 15001 16(NJl 15001 16001 Total rnSOu¢9 •xwTrd•d 9.5511 152.0841 NET INCOME BEFORE GWNS A14D LOSSES other recognlstd 9ain3 •n¢J losses Gair&ll105$1 on reY¥uaiK¥I of mstents 184.035 1167,2391 184.03S 1167,2391 t4et inGorne b•for• g•illS IDsBe 104.035 1167,2391 Incon 167.237 1175.1621 ioofio