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2023-12-31-accounts

GEORGE TEMPERANCE TRUST TRUSTEES’ ANNUAL REPORT

The trustees present their annual report and the audited accounts of the company for the year ended 31 December 2023.

Objectives of the charity

The principal objective of the Charity is the prevention of substance and alcohol abuse.

Organisation

George Temperance Trust is a registered charity (no. 214134), governed by its Scheme dated 6 March 2001. A board of trustees administers the charity. They meet three times a year and have regard to the guidance issued by the Charity Commission on public benefit.

Trustees

The trustees who served during the year were as follows:

M D Hancock (Chairman) A A Clark (Treasurer) A J Fernand Rev M Mellor E Taylor

Reserves Policy

The charity’s reserves were at an acceptable level. Reserves are needed to maintain funds so that grants can be made and property maintenance carried out when income falls below current expenditure. It is the policy of the trustees to maintain existing reserves to enable future funding of projects out of the investment income. Reserves at the financial year end amounted to £207,950, none of which was restricted.

Review of activities and future developments

During the year the Trust made grants available to the various projects, as set out in the financial statements. A number of grant applications were received and duly considered by the Trustees. Presentations were requested so that the Trustees might gain a clear insight into the work of the organisations and the expected impact that might result from funding by the Trust.

In 2023 the Trust’s income exceeded its outgoings by £11,987.

Risk Assessment

The Trustees confirm that the major risks to which the charity is exposed have been reviewed and systems established to mitigate those risks.

Approved by and signed on behalf of the Trustees

M Hancock 1 March 2024

George Temperance Trust
George Temperance Trust
George Temperance Trust
Charity Number CC16a
For the period
from
1/1/2023 To 12/31/2023
Section A Receipts and payments
A1 Receipts
Rents
34,288
Investment income
20,004
-
-
-
-
-
-
54,292
-
-
Sub total -
Total receipts 54,292
A3 Payments
Grants made
40,750
Repairs
126
Propertyinsurance
1,384
Bank charges
45
-
-
-
-
-
Sub total 42,305
-
-
Sub total -
Total payments 42,305
Net of receipts/(payments) 11,987
A5 Transfers between funds
-
A6 Cash funds last year end
19,656
Cash funds this year end 31,643
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
34,288
20,004
-
-
-
-
-
-
54,292
-
-
-
54,292
40,750
126
1,384
45
-
-
-
-
-
42,305
-
-
-
42,305
11,987
-
19,656
31,643
Last year
to the nearest £
- 34,288 16,567
- 20,004 5,283
- - -
- - -
- - -
- - -
- - -
- - -
- 54,292 21,850
- -
- - -
- - -
- 54,292 21,850
- 40,750 20,000
- 126 1,600
- 1,384 -
- 45 -
- - -
- - -
- - -
- - -
- - -
- 42,305 21,600
- -
- -
- - -
- 42,305 21,600
- - 11,987 250
- - - -
- - 19,656 19,406
- - 31,643 19,656

Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Details
Caf Bank
Details
Details
200-202 Holdenhurst Road
M&G Charifund
M&G Charibond
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
31,643
-
-
31,643
OK
to nearest £
-
-
-
-
-
-
Unrestricted
Unrestricted
Unrestricted
Unrestricted
funds
Unrestricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
to nearest £
-
-
-
-
OK
to nearest £
-
-
-
-
-
-
Cost (optional)
8,543
98,154
69,610
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
Restricted
funds
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
Unknown
185,366
62,662
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
-
-
-
-
-

Signed by one or two trustees on behalf of all the trustees

Signature Print Name
A Clark
Date of
approval
A Clark 3/1/2024

Independent examiner’s report to the trustees of George Temperance Trust

I report to the charity trustees on my examination of the accounts of George Temperance Trust (the Trust) for the year ended 31[st] December 2023.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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 can 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:

I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.

Name: J M Palin Address: 29 Raleigh Park, South Molton, Devon EX36 4DR Date: 31 July 2024