REGISTERED CHARITY NUMBERS: 201337, 205749, 310104 and 1109274
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
LONG ASHTON CHARITY TRUSTEES
LONG ASHTON CHARITY TRUSTEES
Contents of the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2021
| 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 2021
The Trustees present their report with the financial statements for the year ended 31 December 2021.
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 Reverend J Harris Mrs A Neale Mrs J Pullin - resigned 31 December 2021 Mr D Milne - Appointed 15 March 2022 Mr T Miles (Warden, All Saint's Church) Co-opted 7 September 2021 Mr A Wilkinson 15 June 2021
Bankers
NatWest Bank 9 The Triangle Clevedon BS21 6NE
Independent Examiner
Geoffrey Speirs FCA Haines Watts Chartered Accountants Bath House 6-8 Bath Street Bristol BS1 6HL 26 May 2022
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LONG ASHTON CHARITY TRUSTEES
Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2021
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 2021 there were no resident changes.
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 £12,540 for the year with £211,139 held in cash assets and a market value of £315,534 held in M & G shares.
ON BEHALF OF THE TRUSTEES
Mr MRJ Taylor - Chairman 24 May 2022
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LONG ASHTON CHARITY TRUSTEES
Independent Examiner’s Report to the Trustees of
FOR THE YEAR ENDED 31 DECEMBER 2021
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021 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.
Geoffrey Speirs FCA Haines Watts Chartered Accountants Bath House 6-8 Bath Street Bristol BS1 6HL
Page3
LONG ASHTON CHARITY TRUSTEES
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| 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 £ 27,040 15 1,939 28,994 7,406 3,688 3,434 1,471 1,409 357 17,765 11,229 1,116 160,514 172,859 |
Long Ashton Parochial Charity 201337 £ 970 518 1,488 372 372 1,116 (1,116) - |
Francis Derrick Educational 310104 £ 182 20 202 202 202 - 3,000 3,000 |
Chorley's Charitable 1109274 £ 195 195 - 195 35,085 35,280 |
Total 2021 2020 £ £ 27,040 27,276 1,167 1,325 2,672 3,601 - 70 30,879 32,272 7,406 6,473 3,688 2,010 3,434 1,948 1,471 1,436 1,409 1,043 574 682 357 1,011 18,339 14,603 12,540 17,669 - - 198,599 180,930 211,139 198,599 |
|---|---|---|---|---|---|
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LONG ASHTON CHARITY TRUSTEES
STATEMENT OF SIGNIFICANT ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| Long Ashton Lady Smyth's Parochial Almshouses Charity charity number 205749 201337 £ £ CASH FUNDS Cash funds - CCLA Deposit Fund 7,185 Cash funds - NatWest Bank 93,108 OTHER MONETARY FUNDS 2 year bond - Skipton Building Society 51,882 2 year bond - Skipton Building Society 2 year bond - Hodge Bank 2 year bond - Hodge Bank 20,684 CASH ASSETS 172,859 - OTHER ASSETS M & G income shares at valuation 11,551 14,874 M & G accumulation shares at valuation 279,678 COIF Property Fund 9,431 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 300,660 14,874 |
Francis Derrick Educational 310104 £ 3,000 3,000 - |
Chorley's Charitable 1109274 £ 5,288 29,992 35,280 - |
Total 2021 £ 12,473 93,108 54,882 29,992 - 20,684 211,139 26,425 279,678 9,431 315,534 |
2020 £ 12,471 18,333 54,476 29,798 62,837 20,684 |
|---|---|---|---|---|
| 198,599 | ||||
| 27,712 243,779 9,815 |
||||
| 281,306 |
The financial statements were approved by the Board of Trustees on 24 May 2022 and were signed on its behalf by:
Mr MRJ Taylor - Chairman
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LONG ASHTON CHARITY TRUSTEES
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
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 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
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