REGISTERED CHARITY NUMBERS: 201337, 205749, 310104 and 1109274
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
FOR
LONG ASHTON CHARITY TRUSTEES
LONG ASHTON CHARITY TRUSTEES
Contents of the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2022
| 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 2022
The Trustees present their report with the financial statements for the year ended 31 December 2022.
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 M Taylor (Chairman) Mrs CP Johnson (Vice Chairman) Miss F Cunningham Reverend J Harris Mrs A Neale Mr D Milne - Appointed 15 March 2022 Mr T Miles (Warden, All Saint's Church) Mr A Wilkinson - Resigned 31 December 2021
Bankers
NatWest Bank 9 The Triangle Clevedon BS21 6NE
Independent Examiner
Andrew Jordan 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 2022
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 2022 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 £23,299 for the year with £234,438 held in cash assets and a market value of £317,182 held in M & G shares.
ON BEHALF OF THE TRUSTEES
Mr MRJ Taylor - Chairman Date: 16 May 2023
Page 2
LONG ASHTON CHARITY TRUSTEES
Independent Examiner’s Report to the Trustees of
FOR THE YEAR ENDED 31 DECEMBER 2022
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022 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.
Andrew Jordan Haines Watts Chartered Accountants Bath House 6-8 Bath Street Bristol BS1 6HL
17/07/2023
Page3
LONG ASHTON CHARITY TRUSTEES
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
----- Start of picture text -----
Long Ashton Francis
Lady Smyth's Parochial Derrick Chorley's
Almshouses Charity Educational Charitable Total
charity number 205749 201337 310104 1109274
2022 2021
£ £ £ £ £ £
RECEIPTS
Weekly maintenance contributions 28,783 28,783 27,040
Ground and allotment rent 15 968 183 1,166 1,167
Investment income 1,117 552 19 260 1,948 2,672
Donations 150 20,000 20,150 -
TOTAL RECEIPTS 29,915 1,520 352 20,260 52,047 30,879
PAYMENTS
Utilities 7,395 7,395 7,406
Gardening 2,795 2,795 3,688
Repairs and maintenance 6,378 6,378 3,434
Insurance 1,446 1,446 1,471
Clerk honorarium and expenses 1,237 1,237 1,409
Grants to other charities 383 1,520 352 6,880 9,135 574
Other 362 362 357
TOTAL PAYMENTS 19,996 1,520 352 6,880 28,748 18,339
NET OF RECEIPTS/PAYMENTS 9,919 0 - 13,380 23,299 12,540
Transfers - -
Cash funds brought forward 172,859 3,000 35,280 211,139 198,599
CASH FUNDS CARRIED FORWARD 182,778 - 3,000 48,660 234,438 211,139
----- End of picture text -----
Page 4
LONG ASHTON CHARITY TRUSTEES
STATEMENT OF SIGNIFICANT ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2022
----- Start of picture text -----
Long Ashton Francis
Lady Smyth's Parochial Derrick Chorley's
Almshouses Charity Educational Charitable Total
charity number 205749 201337 310104 1109274
2022 2021
£ £ £ £ £ £
CASH FUNDS
Cash funds - CCLA Deposit Fund 7,241 5,353 12,594 12,473
Cash funds - NatWest Bank 37,498 37,498 93,108
OTHER MONETARY FUNDS
2 year bond - Skipton Building Society 52,231 3,000 55,231 54,882
2 year bond - Skipton Building Society 43,307 43,307 29,992
2 year bond - Hodge Bank - 20,684
Skipton Community Saver 85,808 85,808 0
CASH ASSETS 182,778 - 3,000 48,660 234,438 211,139
OTHER ASSETS
M & G income shares at valuation 14,857 14,410 29,267 26,425
M & G accumulation shares at valuation 278,074 278,074 279,678
COIF Property Fund 9,841 9,841 9,431
302,772 14,410 - - 317,182 315,534
----- End of picture text -----
The financial statements were approved by the Board of Trustees on 16 May 2023 and were signed on its behalf by:
Mr MRJ Taylor - Chairman
Date: 16 May 2023
Page 5
LONG ASHTON CHARITY TRUSTEES
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
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
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 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Page 6
REGISTERED CHARITY NUMBERS: 201337, 205749, 310104 and 1109274
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
FOR
LONG ASHTON CHARITY TRUSTEES
LONG ASHTON CHARITY TRUSTEES
Contents of the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2022
| 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 2022
The Trustees present their report with the financial statements for the year ended 31 December 2022.
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 M Taylor (Chairman) Mrs CP Johnson (Vice Chairman) Miss F Cunningham Reverend J Harris Mrs A Neale Mr D Milne - Appointed 15 March 2022 Mr T Miles (Warden, All Saint's Church) Mr A Wilkinson - Resigned 31 December 2021
Bankers
NatWest Bank 9 The Triangle Clevedon BS21 6NE
Independent Examiner
Andrew Jordan 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 2022
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 2022 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 £23,299 for the year with £234,438 held in cash assets and a market value of £317,182 held in M & G shares.
ON BEHALF OF THE TRUSTEES
Mr MRJ Taylor - Chairman Date: 16 May 2023
Page 2
LONG ASHTON CHARITY TRUSTEES
Independent Examiner’s Report to the Trustees of
FOR THE YEAR ENDED 31 DECEMBER 2022
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022 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.
Andrew Jordan Haines Watts Chartered Accountants Bath House 6-8 Bath Street Bristol BS1 6HL
17/07/2023
Page3
LONG ASHTON CHARITY TRUSTEES
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
----- Start of picture text -----
Long Ashton Francis
Lady Smyth's Parochial Derrick Chorley's
Almshouses Charity Educational Charitable Total
charity number 205749 201337 310104 1109274
2022 2021
£ £ £ £ £ £
RECEIPTS
Weekly maintenance contributions 28,783 28,783 27,040
Ground and allotment rent 15 968 183 1,166 1,167
Investment income 1,117 552 19 260 1,948 2,672
Donations 150 20,000 20,150 -
TOTAL RECEIPTS 29,915 1,520 352 20,260 52,047 30,879
PAYMENTS
Utilities 7,395 7,395 7,406
Gardening 2,795 2,795 3,688
Repairs and maintenance 6,378 6,378 3,434
Insurance 1,446 1,446 1,471
Clerk honorarium and expenses 1,237 1,237 1,409
Grants to other charities 383 1,520 352 6,880 9,135 574
Other 362 362 357
TOTAL PAYMENTS 19,996 1,520 352 6,880 28,748 18,339
NET OF RECEIPTS/PAYMENTS 9,919 0 - 13,380 23,299 12,540
Transfers - -
Cash funds brought forward 172,859 3,000 35,280 211,139 198,599
CASH FUNDS CARRIED FORWARD 182,778 - 3,000 48,660 234,438 211,139
----- End of picture text -----
Page 4
LONG ASHTON CHARITY TRUSTEES
STATEMENT OF SIGNIFICANT ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2022
----- Start of picture text -----
Long Ashton Francis
Lady Smyth's Parochial Derrick Chorley's
Almshouses Charity Educational Charitable Total
charity number 205749 201337 310104 1109274
2022 2021
£ £ £ £ £ £
CASH FUNDS
Cash funds - CCLA Deposit Fund 7,241 5,353 12,594 12,473
Cash funds - NatWest Bank 37,498 37,498 93,108
OTHER MONETARY FUNDS
2 year bond - Skipton Building Society 52,231 3,000 55,231 54,882
2 year bond - Skipton Building Society 43,307 43,307 29,992
2 year bond - Hodge Bank - 20,684
Skipton Community Saver 85,808 85,808 0
CASH ASSETS 182,778 - 3,000 48,660 234,438 211,139
OTHER ASSETS
M & G income shares at valuation 14,857 14,410 29,267 26,425
M & G accumulation shares at valuation 278,074 278,074 279,678
COIF Property Fund 9,841 9,841 9,431
302,772 14,410 - - 317,182 315,534
----- End of picture text -----
The financial statements were approved by the Board of Trustees on 16 May 2023 and were signed on its behalf by:
Mr MRJ Taylor - Chairman
Date: 16 May 2023
Page 5
LONG ASHTON CHARITY TRUSTEES
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
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
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 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Page 6
U)NG ASHTON CHARfFY TRUSTEES Indèpendetht Examlnèls Rèporlto thé Trustets ol FOR THE YEAR ENDED 91 DeceMBER 2022 l port lo the chèdly Inisteeson my examination 0rtheatcnts of thecharftylor the vear endd 31 DecÈmber 2022 whlth are set t on pa8Ès 4 to 6. Respob)sibilitie5 and b3515 of report As the charltws trustees YOLt are reswTrnslbleforthe preparatk)n oflhe acC¢tsIr1 ac£ordante with the requlrements of the Charltleskt 20111.the Aci'l. oport in respecl ol myexamlnatth ol thethèrits actounts carried Dut under secdon 145 oftheAct and In carryiTr8 out my examlnation I have loltowed all Ihe ap¥4lcable IMreciioThsghefi ty the tharity Commlsslon under secdoTh 14515Hbl of the Act. Independent oxamlnert llatsment I have ¢ompleted myexarninatbn. I confirm that no material maiters have come to my attentkin In connectlonwlththe examlnation lin$ Me¢) io beueve that ITh any maierlal rE5PErt: accountln8 records were not kept In rÉwecr olthe ¢harfty as requ5red b¥On 130olthe Art,. or the accDuntsdo not ¥cord il¥)se Tectts. I have #o concems aftd have come across no other matters ITh connection th ihe eXamInat towhlth attentlon should drawn In thlsrewrr In ordeito enable 4 woper understanding of the accountsto be reached. AndWJordan FCA HainÈs WattsO)3rtered Attountanls Bath House 8 Bath sireet B516HI