**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. Page 6