THE SOCIETY FOR THE RELIEF OF DISTRESS
ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED
31ST DECEMBER 2021
CHARITY NO: 207585

THE SOCIETY FOR THE RELIEF OF OISTRESS
TrUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustees submit their Annual Report and Accounts for the S￿ty for th8 R81i6f of Distress (the 'Chanty'l
for the year ended 31 December 2021. The Trustees f￿)fim1 that the Annual Report and Accounts comply
wrth currerrt statutory requirements of the Charity's goveming document, the smaller charity provisions of the
Statsment of Recommended Practice (SORP FRS 102) and ￿ Charities Act 2011 (the .2011 Acr).
Constitution
The Charity is constituted under a Trust doed and is a registered d)arity no 207585.
The principal object of the Charity is to make grants for the reli6f ol ￿VertY, sth8ss and distress to people
living in the Inner London Boroughs.
M•thod of appolntlng or £I•￿10n of TrustM•
The management of the Chartty is the responsibilty of the Trust4￿$ who are elorted and cfr¢)pted under the
térms of the Trust deed. Trustees are nominated by the Board of Trustees.
Organl•allonal 8tructur• and D•¢l•lon Il•klng
The Charty does not currtntty empby any staff. The Trustees are responsible for the management of the
Charty and for Ihe furtheran¢6 ol the objects for whth it was established. The Trustees meet monthly to
discuss the affairs of the Charty.
Rl•k Manag•m•nt
Th• Trustees hAV8 asses8ed tho rr4ior risks to which the Char*¥ is axp08ed, in particular those relating to thè
operations and finance of the Trust. The Trustees are 88tisfiod that 8ySteffrs are in plac8 to mitwJate the
Charty'8 exposure to any major risk8.
R•vl•w of A¢tlvlll
The Charty pfovKJes grants to help peop￿ of all ages, origins and b￿kgrOundS INing in London. often those
receiving grants are very ill or disabled or suffering from great hardship. Typicalty one-off grants are made
towards essentkql personal and household items, such as clothing. bedding, baby items, cookers, fridges,
fumitur8 and fto)r covering. This year approximatety 15612020 212) grants were made totalling £34,678 (2020
£40,884). The Charty does not accept applications dirertty from individual8', ali applK*ions are required to be
made by a recognised body, such as another charity. a social seNice departmènt, an NHS trust or a church or
faith institution.
Covld 19
Following the 8igntficant adverne imp&t of the Pandemic w the valu8 of the Charity's investment portfoh'o on
2020, valuations recov6red during 2021. Investment income ¢ontinued at a similar level to 2020. as did
donations, enabling the Charty to continue to make individual grants of a similar level to last year, alihough
overall fewer granls V￿re given this year. The Trustees have a reasonable expeclation that the Chafty has
adequate resources to continue orffition for the forese8able fubjro encompassing thoso changes.

R•••rv• Poll¢y
The Charity rocerrfed donathy￿ fr(xn a nurnber IA and tyganisatim this is not a guarnnteul
source of income. The Trustees therofore maintain a18vel of Inves￿nts guaranta•s Suffici￿ incom•
to contKiu8 th• Charit￿6 aclNities on an ongoing basis.
Slgned on behall of the Trustees
IAn Mcculloch
Chayman
Tr•8surnr

THE SOCIETY FOR THE RELIEF OF DISTRESS
INDEPENDENT EXAMINER'S REPORT TO
THE TRUSTEES OF THE SOCIEfY FOR THE RELIEF OF DISTRESS
I report on tha a(￿Unts of the Soaety for the Relief of Distress (the fhariW) for the year anded
31 December 2021, are set (yjt on pages 4 to 7.
R•sp•¢tiv• r•sponslblliliM of Trust••s and th• Ind•p•nd•nt Examin•r
The Charity's Tru8tees are r8sponsibl8 ft)rthe weparation ofthe Annual Report and Accounts in accoTdan¢8 With
the requirements of the Charities Act 2011 (the ?011 knt.).
The Charty's Trustees consider that an audtt is not required for this year under ￿tIOn 144 of the 2011 Act and
that an independent exomination is needed.
It is my responsibilty to:
éxamine the accounts under Sect￿ 145 of the 2011 Acl,
to follow the applkablg Direct￿n8 gr¥en ty the Charity Commi88ion (under 8ection145(5)(b) of the 2011
Act. and
to 8tate whathar partb¢ular matter8 have c4>ro to my attention.
Ba•is of Ind•p•nd•nt Examln•fs R•port
My examination was carried out in acwdance with Ihe General Directions given by the Charty Commission. An
examination includes a r•viaw of the accounting records kept by the Charty and a cornparison of the accounts
presented with those records. It also incl￿05 consKleration of any unusual items or disclosures in the accounts
and seeking explanations from the Truste8s conc•ming any Such matters. The procedures undertaken do nol
provide all the ￿IdenCe that would be required in an audii, and consequonty no opinion is given as to whethor
the a￿unt8 present a Ynje arKI farf VAW and the rnport is limited to thoso matters 8•t out in the statèment
b810w.
Ind•p•nd•nt Eximln•rf• Stat•m•nt
In connection with my eXan￿natIOn, no material matters have com to nry attent￿n whKh give me cause to
believe that in any malerial respect..
accounting records wer• not k•pt in accordance with Sec1￿ 130 of the 2011 Act or
the accounts do not accord wlth the aixx)unting records.
I have no concems and have com across no other matters in connection WFth the examination to which attention
Should be drawn in order to enabl8 a proper undgr8tandnYJ of tho a￿)Unts to be reached.
Andrew C Kemp
FCA
Meadow RKlge
Pednor
Nr Chesham
Bucks HP5 2SX
25 October 2022

The Socth for the Relief of Distress
Statement of Inco￿ and Expendrtur•
Y￿r •nded 31st DeLwnb8r 2021
2020
DonatK)ns
11.T12
25,678
11,1(K)
24,892
Investment Income
Income Under Deed of Covenant
37,870
38.192
Grants mad•
35,128
42,354
(Not• 11
3.192
(4,692)

The So¢￿ty for the Relief of Oistress
Balance Sheet
AS at 3181 Da¢omb8r 2021
2021
2020
Cash at bank- Current Account
14,647
250
7.375
250
Debtors
Investments al current markèt value
(per Schedule}
719,056
594,198
IT
- credÉlors
(1,135)
(1,305)
Bakqn¢g at 1 st January
592,893
710.983
dLsUrplu￿(Dèfic1l> of Inwm• over
expenditurn
2,442
15,4421
increasel{decrea$8) in market value of
investments during thè y•
Balance at 31 Dxember

The Socthy for the Retief of Distress
Investment schedu￿ - Market Values
Year Ended 31st Decernber 2021
Market
value at
1.1.21
Purchased
during year
Increas81
(decrease) in
marf(et value
during year
Market
valu8 al
31.12.21
217.476
29,095
246,571
15,844.46 unrts
18,037
(620)
17,417
en
14,374.690 units
351.060
89.111
440.171
99,678.48 units

**The Society for the Relief of Distress Notes to the Accounts 31 December 2021** 

## **1. Analysis of net grants made in the year ended 31st December 2021** 

||**g**|
|---|---|
|**Furniture**|**10,480**|
|**Household items**|**3,200**|
|**Electrical goods**|**11,830**|
|**IT**|**1,300**|
|**Clothes**|**2,339**|
|**Baby items and school uniform**|**398**|
|**Flooring and decorating**|**1,100**|
|**Other items**|**4,031**|



**£34,678** 

**2. During the year donations of £15,000 (2020 £10,000) were received from the Blyth Watson Trust. £5,000 was received just before the year end and will be used to fund grants to be made in 2022. Accordingly, this income has been deferred in the 2021 accounts and will be taken into income in 2022.** 

**7**