REGISTERED CHARITY NUMBERS: 201337, 205749, 310104 and 1109274
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
FOR
LONG ASHTON CHARITY TRUSTEES
LONG ASHTON CHARITY TRUSTEES
Contents of the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2020
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Receipts and Payments | 4 |
| Statement of Assets and Liabilities | 5 |
| Notes to the Financial Statements | 6 |
LONG ASHTON CHARITY TRUSTEES
Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2020
The Trustees present their report with the financial statements for the year ended 31 December 2020.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity numbers
Long Ashton Parochial Charity 201337 Lady Smyth's Almshouses 205749 Francis Derrick Educational Charity 310104 Chorley's Charitable Trust 1109274
Principal address
28 Keedwell Hill Long Ashton Bristol BS41 9DR
Trustees
Mr RJ Chorley (Chairman) - Resigned 15 June 2021 Mr MRJ Taylor (Chairman) - From 15 June 2021 Mrs CP Johnson (Vice Chairman) Miss F Cunningham Mr SR Gimber - Resigned 31 December 2020 Mrs A Neale Mrs J Pullin Rev A Sargent - Resigned 31 December 2020 Dr E Anderson - Resigned 31 December 2020 Rev J Harris - Appointed 1 June 2020
Bankers
NatWest Bank South West RCSC 740 Waterside Drive Almonsbury BS99 5BD
Independent Examiner
Geoffrey Speirs FCA Haines Watts Chartered Accountants Bath House 6-8 Bath Street Bristol BS1 6HL
Page 1
LONG ASHTON CHARITY TRUSTEES
Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing documents
The charities are controlled by their deeds of trust and constitute an unincorporated charity.
Recruitment and appointment of new trustees
Trustees are recruited and appointed by the existing trustees.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Long Ashton Parochial Charity
In May 1881 the charities of William Moryce, Sir John Smyth, Mrs Hester Fenn, Maria Bower, Mrs Mary Smyth, The Dowager Lady Smyth, George Whiting, Peter Maze and Elizabeth Coulton were consolidated, administered and managed by the trustees under the title of the 'Long Ashton Parochial Charity'.
In 2005 the Charity Commission confirmed that all 9 charities are to be used for the maintenance of the Long Ashton Almshouses - numbers 13,15,17,19,21,23,25 and 27 Long Ashton Road.
Lady Smyth's Almshouses
This charity is for the upkeep and maintenance of the Almshouses as listed above.
Francis Derrick Educational Charity
Income from the land owned by the charity is given to Birdwell School and Northleaze School in equal parts. The trustees sold a strip of land to Sustrans, the sum invested and the interest received given to the schools annually.
Chorley's Charitable Trust
A fund was set up in 2005 with the intention that the capital is to be invested in interest bearing deposits at the discretion of the Long Ashton Charity Trustees.
The interest is to be distributed for the upkeep of the Fabric of All Saints Church, Long Ashton, possibly at five yearly intervals after a quinquennial inspection of the Church. Whether or not the payment is made towards any particular repair is to be solely at the discretion of the Trustees of this Charity.
The Trustees have given due regard to the guidance published by the Charity Commission on Public Benefits.
ACHIEVEMENT AND PERFORMANCE
In 2020 there were no resident changes.
Due to ill health, the clerk to the Trustees, Mr Ralph Eastman, resigned and was replaced by Mrs Sarah Leong.
FINANCIAL REVIEW
Reserves
The level of reserves is kept under review by the trustees during the year and at each year end to ensure there are sufficient funds to meet unexpected expenditure. At the year end there was an overall surplus of £17,669 for the year with £198,599 held in cash assets and a market value of £271,491 held in M & G shares.
ON BEHALF OF THE TRUSTEES
MRJ TAYLOR
Mr MRJ Taylor - Chairman
27 September 2021
Page 2
LONG ASHTON CHARITY TRUSTEES
Independent Examiner’s Report to the Trustees of
FOR THE YEAR ENDED 31 DECEMBER 2020
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 4 to 6.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
G SPEIRS
Geoffrey Speirs FCA Haines Watts Chartered Accountants Bath House 6-8 Bath Street Bristol BS1 6HL
27 September 2021
Page3
LONG ASHTON CHARITY TRUSTEES
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
| charity number RECEIPTS Weekly maintenance contributions Ground and allotment rent Investment income Donations TOTAL RECEIPTS PAYMENTS Utilities Gardening Repairs and maintenance Insurance Clerk honorarium and expenses Grants to other charities Other TOTAL PAYMENTS NET OF RECEIPTS/PAYMENTS Transfers Cash funds brought forward CASH FUNDS CARRIED FORWARD |
Lady Smyth's Almshouses 205749 £ 27,276 30 2,547 70 29,923 6,473 2,010 1,948 1,436 500 179 1,011 13,557 16,366 820 143,328 160,514 |
Long Ashton Parochial Charity 201337 £ 1,113 523 1,636 543 273 816 820 (820) - - |
Francis Derrick Educational 310104 £ 182 48 230 230 230 - 3,000 3,000 |
Chorley's Charitable 1109274 £ 483 483 - 483 34,602 35,085 |
Total 2020 £ 27,276 1,325 3,601 70 32,272 6,473 2,010 1,948 1,436 1,043 682 1,011 14,603 17,669 - 180,930 198,599 |
2019 £ 24,752 915 3,773 - |
|---|---|---|---|---|---|---|
| 29,440 6,643 2,550 4,012 1,544 886 662 332 |
||||||
| 16,629 | ||||||
| 12,811 | ||||||
| - 168,119 |
||||||
| 180,930 |
Page 4
LONG ASHTON CHARITY TRUSTEES
STATEMENT OF SIGNIFICANT ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| Long Ashton Lady Smyth's Parochial Almshouses Charity charity number 205749 201337 £ £ CASH FUNDS Cash funds - CCLA Deposit Fund 7,184 Cash funds - NatWest Bank 18,333 OTHER MONETARY FUNDS 2 year bond - Skipton Building Society 51,476 2 year bond - Skipton Building Society 2 year bond - Hodge Bank 62,837 2 year bond - Hodge Bank 20,684 CASH ASSETS 160,514 0 OTHER ASSETS M & G income shares at valuation 14,067 13,645 M & G accumulation shares at valuation 243,779 COIF Property Fund 9,815 3.453 Acres at Parsonage Farm, less 5m wide strip sold to Sustrans 10.96 Acres at Tuts Hill Farm - Kingston Seymour 5.18 Acres at Middle Lane Farm - Kingston Seymour 267,661 13,645 |
Francis Derrick Educational 310104 £ 3,000 3,000 - |
Chorley's Charitable 1109274 £ 5,287 29,798 35,085 - |
Total 2020 £ 12,471 18,333 54,476 29,798 62,837 20,684 198,599 27,712 243,779 9,815 281,306 |
2019 £ 12,437 18,107 38,850 29,326 61,873 20,337 |
|---|---|---|---|---|
| 180,930 | ||||
| 29,950 251,792 9,845 |
||||
| 291,587 |
The financial statements were approved by the Board of Trustees and were signed on its behalf by
MRJ TAYLOR
Mr MRJ Taylor - Chairman
27 September 2021
Page 5
LONG ASHTON CHARITY TRUSTEES
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
1. ACCOUNTING POLICIES
Basis of Accounting
The financial statements have been prepared in accordance with the Charities Act 2011.
The financial statements are drawn up on the Receipts and Payments basis of accounting. All donations and other income are therefore accounted for when received. All expenditure is accounted for when paid.
Fund accounting
The financial statements reflect four separately registered charities. Long Ashton Parochial Charity and Lady Smyth's Almshouses have a common purpose as agreed with the Charity Commission.
2. TRUSTEES' EXPENSES AND RENUMERATION
There were no trustees' renumeration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
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