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2021-03-31-accounts

Registered Charity No 214684 (England and Wales)

The Dowager Countess Eleanor Peel Trust

Trustees’ Report and Accounts

Financial Statements 31 March 2021

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

CONTENTS

Page
Charity information 1
Trustees’ Report 2 - 6
Report of the auditors 7 - 9
Statement of financial activities 10
Balance sheet 11
Statement of cash flows 12
Notes to the financial statements 13 - 22
Appendix – Grants awarded 23 - 33

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

CHARITY INFORMATION

Trustees J W Parkinson – Chairman until 29thJuly 2021
R M Parkinson
Professor R T Ramsden, MBE
Professor M A Pearson – Chair from 29thJuly 2021
J P Manduell
Professor C P Sibley
Registered office 50 Fountain Street
Manchester
M2 2AS
Investment manager CCLA Investment Managers Limited
Senator House
85 Queen Victoria Street
London
EC4V 4ET
Solicitors Hill Dickinson LLP
50 Fountain Street
Manchester
M2 2AS
Auditor MHA Moore and Smalley
Richard House
9 Winckley Square
Preston
PR1 3HP
Bankers CCLA Investment Management Ltd
COIF Charity Funds
80 Cheapside
London
EC2V 6DZ
Handelsbanken Bank
First Floor
Dicconson Terrace
Lytham Assembly Rooms
Lytham
FY8 5JY
Charity registration number 214684

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2021

The Trustees present their report and the audited financial statements of the Trust for the year ended 31 March 2021. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS102) in preparing the annual report and financial statements of the Trust.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the Trust’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on in October 2019.

Structure, governance and management

Legal Structure

The Dowager Countess Eleanor Peel Trust was established under a trust deed dated 3 May 1951. This was in pursuance of the Will of Eleanor Dowager Countess Peel who died on 9 November 1949. The Trust Deed provides that the income of the Trust Fund (and in certain cases the capital thereof) should be paid or applied for such charitable purposes as the Trustees should think fit. They are enjoined to have particular regard for medical charities, charities for old people and those who have fallen on hard times through no fault of their own and the charitable bodies specified in the Schedule to the Trust Deed. They are prohibited from giving money to charitable bodies substantially under the control of central or local government or charitable bodies primarily devoted to children.

The Registered Charity Number is 214684.

Trustees

The Trustees acting throughout the year were:

J W Parkinson – Chairman until 29[th] July 2021 R M Parkinson Professor C P Sibley Professor R T Ramsden Professor M A Pearson – Chair from 29[th] July 2021 J P Manduell

Appointment of trustees

Trustees are appointed by the agreement of existing trustees. Prior to appointment, prospective trustees are invited to a meeting to observe. On appointment, new trustees are provided with a copy of the Trust Deed, a brief history of the Trust and the most recent annual report and accounts. Copies of previous Trustees’ meeting minutes are available to the new trustee.

Trustees are permitted by the Trust Deed to receive remuneration of up to 10% of income. Trustees remuneration is reviewed annually. Discretionary bonuses may be awarded from time to time provided that the 10% threshold is not exceeded.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2021

Statement of Trustees’ responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Trust and of the incoming resources and application of resources of the Trust for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Trust and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Objectives and activities

General background

The Trustees normally meet on at least three occasions each year at which they consider inter alia grant making, income and capital investment performance, capital and income account balances, income review, budget, cash flow, reserves, risk management and other policies. All applications for grants are first vetted by the Secretary or two trustees. Any applications rejected at this stage are listed in the agenda for the next Trustees’ meeting with the reason for rejection. Applications for consideration at the Trustees’ meeting are presented with a report and summary of the financial statements for the last complete year.

Grant making strategy

Introduction

In accordance with the Trust Deed, the Trustees can apply the income and capital for such charitable purposes as they shall from time to time think fit. However, without prejudice the Trustees are primarily directed to make grants to:

The Trust Deed prohibits Trustees from making grants to charitable bodies primarily devoted to children or which are under the control of central or any local government.

An updated Grant Making Policy was adopted on 18[th] July 2019.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2021

Categorisation

In each category, Trustees will consider the following areas:

Principles

The Trustees applied the following grant making criteria during the last accounting period:

  1. The Trustees only support applications (other than Medical/Healthcare Research and Travelling Fellowships) from the “Preferred Locations” of Lancashire (especially Lancaster and District including all LA postcodes), Cumbria, Greater Manchester, Cheshire and Merseyside or from charities who work therein or are well known to a trustee.

  2. The Trustees focus on small to medium sized charities where grants will make a difference. Applications from large well-funded charities (with income in excess of £2.5m per annum) will normally be rejected, unless the application is for a capital project or research.

  3. The Trustees’ preference is to support capital projects, research projects or project-driven applications and not running costs, although the Trustees are flexible to take account of the needs of smaller charities.

  4. The Trustees do make grants to emergency appeals which are considered on a case by case basis.

Awareness

The Trustees feel it is important to know the charities to which grants are or may be awarded. They will therefore from time to time arrange to visit a charity and/or arrange for a charity to make a report or presentation to all the Trustees.

Applications for Medical Research Grants

Applications for Medical Research Grants will be categorised as appropriate for a “Minor Grant” (£25,000 or less) or a “Major Grant” (greater than £25,000 per annum for a defined research project for 1-3 years). Applications for “Major Grants” are suspended for the time being.

Post-graduate Travelling Fellowships

The Trustees make a small number of grants to allow members of the medical or other health professions to gain further knowledge or research experience at a centre of excellence, usually by working overseas. These were suspended in the year to 31 March 2021 because of the Covid-19 pandemic however are being resumed.

Grant Making Strategy

The unabridged Grant Making Strategy (adopted on 18 July 2019) can be viewed at www.peeltrust.com

Achievements and performance

The Trustees’ primary Key Performance Indicator is income generation and they are satisfied with the actual income received of £569,907.

The value of the capital fund increased by £2,645,627 to £19,344,025 during the year.

48 grants to a value of £447,012 and 1 Travelling Fellowship awards to a value of £15,000 less grants written back of £27,263 were awarded during the year. Further details can be found in note 8 of the accounts

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2021

Financial review

Total incoming resources decreased by £115,586 during the year. Expenditure on raising funds (Investment Managers’ fees) decreased by £31,635. Grants to Charities specified in the Schedule to the Trust Deed amounted to £nil and those not specified in the Schedule amounted to £424,399 making total grants for the year, together with Travelling Fellowship awards of £10,350, £434,749. Grant related support costs decreased by £14,619. For the year ended 31 March 2021, total net income after distribution of grants but before losses on investments was £42,969 as shown in the Statement of Financial Activities on page 9. The net assets of the Trust at 31 March 2021 were £19,580,362.

The Trustees make significant annual grants to the Peel Studentship Trust, as detailed in the appendix to the financial statements. The Peel Studentship Trust is legally distinct from the Dowager Countess Eleanor Peel Trust, having a separately established Trustee board.

The Peel Studentship Trust would not be viable without the support of the Trust. Regular reports are received from the Peel Studentship Trust and from time-to-time presentations are given to the Trustees by students who received grants.

Reserves

Under the terms of the Deed the Trustees are able to expend both income and capital. However, the current policy is to utilise the investment portfolio for income generation only, retaining the capital.

Given the ability to expend both income and capital there is no strict requirement to hold reserves as such. However, the Trustees have in place an Income Reserve Account (see note 13 of the accounts).

The Income Reserve account will continue to be used for major commitments such as that which has been the position with the Salford Institute of Dementia and going forward to build up reserves for the proposed Professor Sir Robert Boyd Fellowship.

The Trustees intend to continue to transfer funds into the Income Reserve account when available. £60,000 was transferred in the year ended 31[st] March 2021

The current balance on this account as at 31[st] March 2021 was £234,345.

The balance held in the Travelling Fellowship account at 31 March 2021 was £nil. On an annual basis, transfers are made to the account from the unrestricted fund sufficient to meet travelling fellowship grants awarded.

Investment policy

The Trustees have wide powers of Investment in accordance with the provisions of the Trustee Act 2000.

The Trustees having completed their review of Investment Managers appointed CCLA Investment Management Ltd in July 2020 to manage their investment portfolio. The entire portfolio being now entirely invested in the COIF Charities Investment Fund. As such no investment policy is now required. The fund will provide certainty of income going forward and should achieve both capital and income growth in real terms over the medium/long term.

Risk management

The Trustees are continually reviewing the major risks to which the Trust is exposed and have established systems and procedures to manage those risks. The Trustees consider volatility and the security of investments to constitute the Trust’s major risks although mitigated with the portfolio now invested in the COIF Charities Investment Fund.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2021

Grant making policy, aims and objectives and public benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission General Guidance on Public Benefit when reviewing the Trust’s aims and objectives and to planning future activities and setting grant making policies. In particular, the Trustees scrutinise all applications very carefully including, where appropriate, reviewing the latest available annual Report and Accounts to ensure grants awarded are for the public benefit. Indeed, in most instances, the Trust makes grants to other registered or exempted UK Charities (including educational and other relevant institutions) as the Trustees consider such organisations, established as they are for public benefit, are best placed to be parties in support of its charitable objectives.

The Trustees have agreed to adopt the Charity Commission Governance for smaller charities.

Plans for future periods

  1. The Trustees are considering a new fellowship to be called The Professor Sir Robert Boyd Fellowship.

  2. J.W. Parkinson, who has been Chairman since 1999, is stepping down and is being replaced by Professor M.A. Pearson who was formally appointed as Chair on 29 July 2021.

28/11/2021 This report was approved by the Board of Trustees on ………………………and signed on its behalf by:

Professor M A Pearson Chair

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2021

Opinion

We have audited the financial statements of The Dowager Countess Eleanor Peel Trust for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including FRS102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”.

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2021

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities Act 2011 requires us to report to you if, in our opinion:

Respective responsibilities of trustees

As explained more fully in the Trustees’ Responsibilities Statement, the Trustees are responsible for the preparation of financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of noncompliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2021

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

MHA Moore and Smalley Statutory Auditor

Richard House Winckley Square Preston PR1 3HP

Date 29/11/2021

MHA Moore and Smalley is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2021

Note
Income and endowments from:
Investments
3
Total income and endowments
Expenditure on:
Raising funds
4
Charitable activities
5
Total expenditure
Transfers between funds
13
10
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Net income/(expenditure) before
gains/(losses) on investments
Net gains/(losses) on
investment assets
Net income/(expenditure)		 Unrestricted
funds
£
570,899		 Designated
income
funds
See note 13
£
377
377
-
10,350		 Designated
capital
funds
£
-		 Total
Total
funds
funds
2021
2020
£
£
571,276
686,862
571,276
686,862
15,779
47,414
512,528
784,144
528,307
831,558
42,969
(144,696)
-
-
42,969
(144,696)
2,653,514
(2,826,988)
2,696,483
(2,971,684)
16,883,879
19,855,563
19,580,362
16,883,879
570,899 -
7,805
502,178		 7,974
-
509,983 10,350 7,974
60,916
(70,350)		 (9,973)
70,350		 (7,974)
-
(9,434)
-
 60,377
(87)		 (7,974)
2,653,601
(9,434)
11,426		 60,290
174,055		 2,645,627
16,698,398
1,992 234,345 19,344,025

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derives from continuing activities.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

BALANCE SHEET

FOR THE YEAR ENDED 31 MARCH 2021

Note
Fixed assets:
Investments
10
Current assets:
Debtors
11
Cash at bank and in hand
11
Liabilities:
12
Net current assets
12
Net assets
The funds of the Trust:
13
Unrestricted funds
Designated income funds
Designated capital funds
Creditors: amounts falling due
after more than one year
Creditors: amounts falling due
within one year
Total assets less current
liabilities		 Unrestricted
funds
£
-
-
197,806		 Designated
income
funds
£
-
-
323,345
323,345
89,000		 Designated
capital
funds
£
19,344,025
-
-		 Total
funds
2021
£
19,344,025
-
521,151		 Total
funds
2020
£
17,023,677
48,504
146,510
197,806
195,814		 -
-		 521,151
284,814		 195,014
334,812
1,992
1,992
-		 234,345
234,345
-		 -
19,344,025
-		 236,337
19,580,362
-
19,580,362		 (139,798)
16,883,879
-
1,992 234,345 19,344,025 16,883,879
1,992
-
-		 -
234,345
-		 -
-
19,344,025		 1,992
234,345
19,344,025		 11,426
174,055
16,698,398
1,992 234,345 19,344,025 19,580,362 16,883,879

These financial statements were approved and authorised for issue by the Board of Trustees on 28/11/2021 ……………….and signed on its behalf by:

Professor M A Pearson Chair

The notes on pages 12 to 22 form part of these accounts.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021
Total
Total
funds
funds
2021
2020
Note
£
£
Cash flows from operating activities:
Net cash used in operating activities
1
(529,801)
(586,194)
Cash flows from investing activities:
Dividends and interest from investments
571,276
686,862
Proceeds from sale of investments
17,811,100
1,602,797
Purchase of investments
(17,635,210)
(2,081,558)
Net cash generated from/(used in) investing activities
747,166
208,101
Change in cash and cash equivalents in the reporting period
217,365
(378,093)
Cash and cash equivalents at the beginning of the reporting period
303,786
681,879
Cash and cash equivalents at the end of the reporting period
521,151
303,786
1
Reconciliation of net income/(expenditure) to net cash flow from operating activities
2021
2020
£
£
Net expenditure for the reporting period
2,696,483
(2,971,684)
Adjustments for:
(Gains)/losses on investments
(2,653,514)
2,826,988
Dividends and interest from investments
(571,276)
(686,862)
Decrease in debtors
48,504
62,225
Decrease in creditors
(49,998)
183,139
Net cash used in operating activities
(529,801)
(586,194)
2
Analysis of cash and cash equivalents
2021
2020
£
£
Current account
521,151
146,510
Capital cash deposits (note 10a)
-
157,276
521,151
303,786		 Total
funds
2021
£
(529,801)		 Total
funds
2020
£
(586,194)
686,862
1,602,797
(2,081,558)
571,276
17,811,100
(17,635,210)
747,166
208,101
217,365
303,786		 (378,093)
681,879
521,151 303,786
(529,801) (586,194)
2021
£
521,151
-		 2020
£
146,510
157,276
521,151 303,786

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

A summary of the principal accounting policies, all of which have been applied consistently throughout the year and the preceding year, is set out below.

Basis of preparation

The charity constitutes a public benefit entity as defined by FRS 102. The accounts (financial statements) have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, and UK Generally Accepted Practice.

The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

Funds structure

The funds held by the Trust are unrestricted funds, which can be used in accordance with the charitable objects at the discretion of the Trustees.

Income recognition

Interest on funds held in deposit is included when receivable and the amount can be measured reliably by the Trust; this is normally upon notification of the interest paid or payable by the bank. Income on investments is included when receivable and the amount can be measured reliably by the Trust. This is normally when income is received on a quarterly basis from the investment manager.

Income received from the capital investment portfolio is recognised within the income account with the exception of special dividends which are recognised within the capital account.

Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Trust to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities. For more information on this allocation refer to note 6.

Grants paid or payable in the year are treated as charges to the Statement of Financial Activities. Grants authorised but not yet due are charged to the Statement of Financial Activities in the year in which the commitment arises.

Allocation of support and governance costs

Support costs have been differentiated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the Trust and its compliance with regulation and good practice.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies (continued)

Charitable activities

The expenditure on charitable activities includes grants made, governance costs and support costs.

Fixed asset investments

Investments are initially recognised at their transaction value and subsequently measured at their market value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.

The Trust does not acquire or use put options, derivatives or other complex financial instruments.

Realised gains and losses

All gains and losses are taken to the statement of financial activities as they arise. Realised and unrealised investment gains and losses are combined in the statement of financial activities.

Judgements and key sources of estimation uncertainty

There have been no judgements (apart from those involving estimates) made in the process of applying the above accounting policies.

There have been no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

2 Legal status of the Trust

The Dowager Countess Eleanor Peel Trust was established under a trust deed dated 3 May 1951. This was in pursuance of the Will of Eleanor Dowager Countess Peel who died on 9 November 1949. The Trust Deed provides that the income of the Trust Fund (and in certain cases the capital thereof) should be paid or applied for such charitable purposes as the Trustees should think fit. They are enjoined to have particular regard for medical charities, charities for old people and those who have fallen on hard times through no fault of their own and the charitable bodies specified in the Schedule to the Trust Deed. They are prohibited from giving money to charitable bodies substantially under the control of central or local government or charitable bodies primarily devoted to children.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

3 Investment income

nvestment income
Income from listed investments:
Income from listed investments listed in the UK
Income from listed investments listed outside the UK
Bank interest		 2021
£
512,787
57,120
1,369		 2020
£
606,063
78,722
2,077
571,276 686,862

Of the investment income received in the year, £377 was attributable to designated income funds (2020: £3,280), £nil was attributable to the designated capital fund (2020: £9,532) and £570,899 was attributable to unrestricted funds (2020: £674,050).

4 Raising funds

Raising funds
Investment management costs 2021
£
15,779		 2020
£
47,414
15,779 47,414

Of the investment management costs incurred in the year, £7,974 (2020: £23,473) was attributable to designated capital funds with the balance of £7,805 (2020: £23,671) attributable to unrestricted funds.

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

5 Expenditure on charitable activities

Grants expenditure (note 8):
Travelling fellowship awards
Grant related support costs:
Governance and support costs (note 6)
Grants payable to charities not specified in the schedule to the Trust
Deed
Grants payable to charities specified in the schedule to the Trust Deed		 2021
2020
£
£
424,399
623,846
-
-
10,350
67,900
434,749
691,746
77,779
92,398
512,528
784,144

Of the expenditure on charitable activities incurred in the year, £10,350 was attributable to designated income funds (2020: £112,900) and £502,178 was attributable to unrestricted funds (2020: £671,244).

6 Allocation of governance and other support costs

Trustees' remuneration
Trustees' expenses
Website & advertising
Fellowship Travelling Expenses
Secretarial Services
Secretarial Expenses
Audit & accountancy
Bookkeeping
Other		 Governance
£
13,050
-
-
-
-
-
5,622
-
-		 Support
£
18,450
458
1,178
-
32,142
149
299
3,960
2,471		 2021
Basis of
£
apportionment
31,500
Time spent
458
Support cost
1,178
Support cost
-
Support cost
32,142
Support cost
149
Support cost
5,921
Governance cost
3,960
Support cost
2,471
Support cost
77,779
18,672 59,107

-16-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

7 Trustees’ remuneration and related party transactions

2021 2020
£ £
The following amounts were paid to the Trustees in respect of their services as trustee:
J W Parkinson - Chairman 9,000 9,000
RM Parkinson 4,500 4,500
Professor Sir Robert Boyd - 1,867
Professor C P Sibley 4,500 2,100
Professor R T Ramsden 4,500 2,800
Professor M A Pearson 4,500 2,800
J P Manduell 4,500 2,800
31,500 25,867

Payments to the Trustees are permitted by the Trust Deed.

During the year, expenses totalling £458 (2020: £3,487) were reimbursed to 4 (2020: 7) trustees. These were expenses incurred by the Trustees in accordance with the expense policy which was updated in November 2019.

Related party transactions

During the year the Trust awarded a grant of £40,000 (2020: £40,000) to The Peel Studentship Trust, a charity which had a common Trustee for part of the year.

-17-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

8 Analysis of grants

The Trust undertakes its charitable activities through grant making and awarded grants to a number of individuals and institutions in furtherance of its charitable activities.

Balance payable brought forward
Previously awarded grants released
(27,263)
New grants awarded in the year
462,012
Net grant cost in the year (note 5)
Grants paid in the year
Balance payable carried forward
Being:
Due within one year (note 12):
Travelling Fellowship awards
Other		 2021
2020
£
£
318,884
127,937
(40,850)
732,596
434,749
691,746
753,633
819,683
(479,981)
(500,799)
273,652
318,884
44,000
88,500
229,652
230,384
273,652
318,884

During the year grants were made to 48 (2020: 43) institutions as detailed below for the following purposes:

Medical charities including medical research
Charities in connection with old people
Scheduled charities
Other charitable purposes
Total grants made to Charities
Travelling Fellowships and grants
Total grants made
Charities assisting people who have fallen upon evil times
through no fault of their own		 2021
2020
£
£
175,498
266,439
(10,000)
30,650
158,183
247,068
-
-
100,718
79,689
424,399
623,846
10,350
67,900
434,749
691,746

9 Auditor’s remuneration

The auditor’s remuneration constituted an audit fee of £5,622 (2020: £5,460) for the year to 31 March 2021 (inclusive of VAT). In addition, non-audit fees of £3,760 (2020: £5,280) were paid to the firm of auditors for the provision of bookkeeping.

-18-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

10 Fixed asset investments

a. Capital account
Market value brought forward at 1 April 2020
Additions to investments at cost
Disposals at carrying value
Net gain/(loss) on revaluation
Market value as at 31 March 2021
Historical cost as at 31 March 2021
Investments at market value comprised:
Pooled investment vehicle
UK listed investments
Non-UK listed investments
Capital cash deposits
Market value as at 31 March 2021
b. Income reserve account
Market value brought forward at 1 April 2020
Additions to investments at cost
Disposals at carrying value
Net gain/(loss) on revaluation
Market value as at 31 March 2021
Historical cost as at 31 March 2021
c. Total market value as at 31 March 2021		 2021
£
16,767,339
17,635,210
(17,712,125)
2,653,601
19,344,025
18,826,540
19,344,025
-
-
19,344,025		 2020
£
19,113,760
2,081,558
(1,602,797)
(2,825,182)
16,767,339
14,551,196
-
13,202,309
3,565,030
16,767,339
157,276
-
19,344,025 16,924,615
99,062
-
(98,975)
(87)		 100,868
-
-
(1,806)
- 99,062
- 90,564
19,344,025 17,023,677

All investments are carried at their market value. Investment in equities and fixed interest securities are all traded in quoted public markets, primarily the London Stock Exchange. Holdings in common investment funds, unit trusts and open ended investment companies are at the bid price. Asset sales and purchases are recognised at the date of trade at cost (that is their transactional value).

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021
11 Analysis of current assets
2021 2020
£ £
Prepayments and Accrued Income - 48,504
Cash at Bank 521,151 146,510
521,151 195,014
12 Analysis of current liabilities
2021 2020
£ £
Creditors and Accrued Charges 11,162 15,928
Grants Payable 273,652 318,884
284,814 334,812

-20-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

13 Analysis of charitable funds – current year

Balance
at 1 April
2020
Income
£
£
Unrestricted funds:
Income
account
11,426
570,899
Designated income funds:
Income
reserve
account
174,055
377
Travelling
fellowship
account
-
-
Designated capital funds:
Capital
account
16,698,398
-
16,883,879
571,276		 Balance
at 1 April
2020
Income
£
£
Unrestricted funds:
Income
account
11,426
570,899
Designated income funds:
Income
reserve
account
174,055
377
Travelling
fellowship
account
-
-
Designated capital funds:
Capital
account
16,698,398
-
16,883,879
571,276		 Balance
at 1 April
2020
Income
£
£
Unrestricted funds:
Income
account
11,426
570,899
Designated income funds:
Income
reserve
account
174,055
377
Travelling
fellowship
account
-
-
Designated capital funds:
Capital
account
16,698,398
-
16,883,879
571,276		 Expenditure
£
(509,983)
-
(10,350)
(7,974)		 Transfers
£
(70,350)
60,000
10,350
-		 Balance
Gains and
at 31 March
losses
2021
£
£
-
1,992
(87)
234,345
-
-
2,653,601
19,344,025
2,653,514
19,580,362
16,883,879 571,276 (528,307) -

Income account

The Income account is an unrestricted fund used for the day to day purpose of supporting the operations of the Trust. Transfers are made from the Income account to the other designated funds to support specific grant making activities.

Income reserve account

The Income reserve is held to cover major future grants and £60,000 was transferred from the Unrestricted Reserve during the financial year

Travelling Fellowship account

The Travelling Fellowship account is held for the purpose of awarding Travelling Fellowship grants. On an annual basis, transfers are made to the account from the unrestricted fund sufficient to meet the value of grants awarded.

Capital account

The capital account is held for the purpose of income generation. Trustees have the power to distribute funds from the account but this is not part of the current policy of the Trust.

-21-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

NOTES TO THE ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

13 Analysis of charitable funds – previous year

Analysis of charitable funds – previous Analysis of charitable funds – previous Analysis of charitable funds – previous Analysis of charitable funds – previous year
Balance
at 1 April
2019
Income
£
£
Unrestricted funds:
Income
account
160,191
674,050
Designated income funds:
Income
reserve
account
157,581
3,280
Travelling
fellowship
account
-
-
Designated capital funds:
Capital
account
19,537,791
9,532
19,855,563
686,862
Analysis of net assets between funds –
Investments
Current assets
Creditors falling due within one year
Fund balances at 31 March 2020 are
represented by:		 Expenditure
£
(694,915)
(45,000)
(67,900)
(23,743)		 Transfers
£
(127,900)
60,000
67,900
-		 Balance
Gains and
at 31 March
losses
2020
£
£
-
11,426
(1,806)
174,055
-
-
(2,825,182)
16,698,398
(2,826,988)
16,883,879
Designated
At
capital
31 March
funds
2020
£
£
16,924,615
17,023,677
(226,217)
195,014
-
(334,812)
16,698,398
16,883,879
686,862 (831,558) -
19,855,563
–
11,426
174,055

14 Analysis of net assets between funds – previous year

-22-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX

FOR THE YEAR ENDED 31 MARCH 2021

Appendix A – Grants made to Charities specified in the schedule to the Trust Deed

Total Total
2021 to date
£ £
Blind Veterans Uk (formerly St Dunstan's) - 11,200
Ex-Services Mental Welfare Society - 33,000
Family Welfare Association - 64,228
Friends of the Elderly - 26,500
The Friends of St Katherine's House (formerly St John's Hostels for - 13,450
Elderly Ladies) (St Katherine's House Appeal Wantage)
The Gibb Fellowship Fund (formerly British Empire Cancer Campaign) - 3,050
Greater London Fund for the Blind - 20,550
Guild of Aid for Gentlepeople - 18,800
Independent Age (formerly Royal United Kingdom Beneficent Association) - 5,000
Invalid Meals of London (Invalid Kitchen of London) - 2,050
League of Remembrance - 7,050
MacMillan Cancer Support (formerly MacMillan Cancer Relief and - 53,300
Cancer Relief MacMillan Fund)
Moorfields Eye Hospital London (formerly Moorfields Westminster and - 1,500
Central Eye Hospital)
National Council of Social Service (formerly Old People's Welfare - 3,450
Association)
Navy League - 7,400
"Not Forgotten" Association - 27,000
People's Dispensary for Sick Animals - 16,600
Queen Alexandra Hospital Home (formerly Queen Alexandra Hospital - 28,800
Home for Disabled Ex-Servicemen)
Royal Blind Society (Formerly Royal Blind Pension Society of the United K - 36,003
Royal British Legion (various Branches) - 17,341
Royal Eye Hospital League of Friends (formerly Royal Eye Hospital) - 1,500
The Royal Marsden Cancer Campaign (formerly the Royal Marsden - 49,650
Hospital Charity) (Royal Marsden Hospital) (Royal Cancer Hospital)
Royal Medical Benevolent Fund - 2,450
Royal Wanstead Children's Foundation (Formerly Royal Wanstead - 57,870
School)
St John's Guild for the Blind Worthing - 5,050
St Martin-in-the-Fields Christmas Appeal Fund - 3,000
Schoolmistresses' and Governesses' Benevolent Institution - 34,300
Shipwrecked Fishermen and Mariners' Royal Benevolent Society - 8,250
Society for the Assistance of Ladies in reduced Circumstances - 2,550
2 Care (formerly SOS Society) - 25,150
Winchester Hospital (Amenities Fund) - 1,200
- 587,242

-23-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021 FOR THE YEAR ENDED 31 MARCH 2021
Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed
Total Total
2021 to date
£ £
Abbeyfield Holylake and West Kirby Society - -
Abbeyfield Knutsford Society - 5,000
Abbeyfield Lancashire Extra Care Society - 10,000
Action for Dementia - 15,000
Action on Elder Abuse - 15,000
Acre Housing - 8,000
Adullam Programme - 5,000
A F & V Launchpad - 8,000
Age Concern Liverpool & Sefton - 5,000
Age UK (formerly Age Concern, England) - 86,163
Age UK Lancashire - 27,990
Age UK South Lakeland - 5,000
Age UK Trafford - 5,000
Aidis Trust - 7,500
The Aldingbourne Trust - 5,000
All Saints Church Thelwell - 5,000
Alzheimer's Research Trust - 8,700
Ambleside Parish Centre - 8,000
Anthony Seddon (The) Fund - 3,300
Artlink, West Yorkshire - 2,500
The Ashley Foundation - 10,000
Asirus - 500
Asylum Link Merseyside - 10,000
Autistic Society, Greater Manchester Area (ASGMA) - 5,000
Back Care - 2,000
Back on Track - 10,000
Barnabus - 15,500
Barrow & District Society for the Blind 5,000 20,000
The Basement Night Drop-In Centre 5,000 35,000
BASIC (Brain and Spinal Injury Centre) 5,000 20,000
Bath Institute of Medical Engineering - 22,500
Beacon Counselling - 3,295
Bedford Guild House - 2,000
Beds Garden Carers - 7,000
Being There - 5,000
Bendrigg Trust (formerly Lodge) - 41,500
Betel of Britain - 5,000
Bipolar UK ( formerly MDF The Bipolar Trust) - 9,000
Birchall Trust (The) - 5,000
Birkenhead Young Men's Christan Association - 9,490
Blackpool Carers Centre Ltd (10,000) 5,940
Bladder and Bowel Foundation - 3,000
The Blind Society of North Tyneside Limited - 2,000
Carried forward 5,000 483,878

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THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021 FOR THE YEAR ENDED 31 MARCH 2021
Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)
Total Total
2021 to date
£ £
Brought forward 5,000 483,878
Blue Sky Trust - 5,000
The Boaz Trust - 5,000
Body Positive North West - 10,000
Bollington Community Association - 2,025
Bolton Deaf Society 10,000 11,440
Bolton Carers Support - 15,000
Bolton Dementia Support - -
Bolton North CAP Centre (St Peter's Church) 3,000 3,000
Bolton STEPS - 5,000
Bowland Penine Mountain Rescue Team - 12,840
Breakthrough Uk - 2,000
Bradbury Fields 5,000 17,500
Brain Centre (The) - 5,676
The Bridgend Centre - 2,000
Bridge Priory Trust 10,000 10,000
British Liver Trust - 10,000
British Red Cross 20,000 220,000
British Skin Foundation - 13,596
British Stammering Association - 5,000
The Brittle Bone Society - 4,000
Bury Hospice - 15,000
Calibre Audio Library - 7,500
Calvert Trust 10,000 45,000
Cancer Care North Lancs and South Lakeland - 3,000
Cancer Support Scotland - 5,000
Canopy Housing Project - 6,300
Cancer Community Hub - 45,000
Care and Respite Support Services - 5,000
Carer Support South Lakes - 6,000
Caring for Life - 25,500
Carlisle Eden Mind - 2,500
Chester Lodgings and Support Providers (CLASP) - 2,500
Children's Safety Education Foundation - 2,500
Christians Against Poverty - 14,500
Church Housing Trust - 16,500
Church in the Barn 5,000 5,000
Citizens Advice South Lakeland - 10,000
Clatterbridge Cancer Research - 5,000
CROP (Coalition for the Removal of Pimping) - 5,000
The College of St Barnabus - 23,000
Carried forward 68,000 1,092,755

-25-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021 FOR THE YEAR ENDED 31 MARCH 2021
Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)
Total Total
2021 to date
£ £
Brought forward 68,000 1,092,755
Community Housing and Therapy - 8,000
Cornerstone Community Care - 13,000
Council for Assisting Refugee Academics - 60,000
The Counselling and Family Centre - 5,000
Criminon UK - 5,768
Crossroads Care East Lancashire - 4,650
Crossroads Care North West - 2,700
Cued Speech Association UK (Formerly National Centre for Cued - 25,000
Speech) - -
Cumbria Cerebral Palsy - 2,500
Cumbria Community Foundation ( including Cumbria Flood Relief - 17,500
Recovery Fund)
Cumbria Rural Citizens Advice Bureau - 2,500
Dart International UK - 2,500
DEC Secretariat (for Somilia, East Africa) - 5,000
Deaf Connections - 16,500
Deafblind Scotland - 5,000
Demand - -
Designability - 10,000
Desitution Project - 8,000
Diabetes UK - 28,597
DISA Domestic Violence Centre - 5,000
Disability Advice West Lancs - 9,300
Disability Equility (NW) Ltd - 5,000
Disability North - 3,500
The Dukes 5,000 28,000
East Cheshire Hospice - 15,000
East Coast Hospice - 10,000
East Lancashire Deaf Society - -
East Manchester Community Boat - 5,000
East Meon Parachial Church Council - 8,510
Emerge 3R's 5,000 25,000
Emmaus Bolton - 5,000
Emmaus Merseyside - 12,000
Emmaus Salford - 10,000
Empowered People - 4,500
Excellent Development Limited - 26,455
Family Tree Wirral - 1,500
Fareshare - 15,000
Fatima Women's Association - 10,000
Federation of Jewish Services - 10,000
Firstlight Foundation - 10,000
Carried forward 78,000 1,533,735

-26-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021 FOR THE YEAR ENDED 31 MARCH 2021
Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)
Total Total
2021 to date
£ £
Brought forward 78,000 1,533,735
Fishing for Heroes - 1,000
Foodcycle - 5,000
The Foundation for Prevention of Blindness - 5,000
Fortalice 5,000 5,000
Frontline Trust - 3,000
Furniture Matters - 3,000
The Furniture Station - 10,000
Fylde Coast Women's Aid - 2,846
The Genesis Breast Cancer Prevention Appeal - 9,650
Good News Family Care - 2,500
Greater Manchester Bangladesh Association - 1,000
Grit Street Aid - 2,500
Grizebeck Village Hall - 5,000
Growing Well 5,000 11,000
Guild Initiative Furniture Trust (GIFT 92) - 3,000
Halton Haven - 10,000
Haslingden Community Link - 5,000
Haven Trust Supporting People Limited - 5,000
Headway Devon - 5,000
The Healing Foundation - 75,000
Heartbeat - 5,000
Heron Corn Mill/ Beetham Trust 1,500 5,350
HFT - 5,000
The Fred Hollows Foundation - 2,500
Hope for Justice - 10,000
Hopes and Beams - 3,452
Hornby Village Trust - 1,000
Hospice at Home West Cumbria 4,000 8,000
Housing Justice (fomerly The Catholic Housing Aid Society) - 19,000
Humans MCR 5,000 5,000
Huntington's Disease Association - 29,500
Hyndburn Homewise Society - 7,500
Imagine If Trust - 3,000
Independence at Home 5,000 5,000
Institute of Orthopaedics, Oswestry - 274,835
Institute of Psychiatry - 14,914
Interact Stroke Support - 8,000
International Services - 1,000
Carried forward 103,500 2,111,282

-27-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021 FOR THE YEAR ENDED 31 MARCH 2021
Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)
Total Total
2021 to date
£ £
Brought forward 103,500 2,111,282
Justlife Foundation - 10,000
The Karen Hilltribes Trust - 27,274
Keekle Village Hall - 7,500
Kirkby-in-furness Community Centre - 10,000
Kirkgate Arts - 2,500
Lancaster Girls Grammar School 5,000 5,000
Lancaster University 50,000 115,800
Lancaster University (Biomedical and Life Sciences Division) - 24,000
Lancaster University (Department of Biological Sciences) - 673,500
Lancaster Citizens Advice Bureau - 26,618
Lancaster Girls Grammar School - 12,000
Lancaster and District Homeless Action Service - 33,000
Lancaster Royal Grammar School (Peel Further Education Award) 2,500 149,700
Lancashire Flood Appeal - 2,500
Lancashire Women's Centre - 7,500
Lake District Mobility - 3,700
L'Arche - 17,500
Lattitude Global Volunteering (formerly GAP Activity Projects) - 10,500
LGBT Foundation 5,000 5,000
Listening Books - 40,750
Liverpool Bereavement Services - 5,000
Liverpool School of Tropical Medicine - 55,420
Limbless Association - 4,000
Live Music Now North West - 7,000
The Livings Painting Trust - 2,000
LOL Foundation (The) - 5,000
London School of Hygiene and Tropical Medicine - 28,000
Macular Disease Society - 6,000
Making a Difference - Tameside - 7,000
Mali Medics - 500
Manchester Camerata - 10,000
Manchester Cares 5,333 5,333
Manchester Centre for Genome Medicine - 13,500
Manchester City Mission 5,000 7,500
Manchester Fungal Infection Group - 10,000
Manchester Metropolitan University - 69,525
Manchester Personal Support Unit (PSU) - 5,000
Manna House (Cumbria) - 15,000
Carried forward 176,333 3,551,402

-28-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021 FOR THE YEAR ENDED 31 MARCH 2021
Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)
Total Total
2021 to date
£ £
Brought forward 176,333 3,551,402
Marfan Trust - 8,000
Mary Sunley Canal Boat - 5,000
Maternal and Fetal Health Research Centre - 10,781
Mersey Counselling and Therapy Centre 3,200 3,200
Mobility Trust - 5,000
Mood Swings Network - 10,000
The Motivation Charitable Trust - 34,000
Mustard Tree 7,200 12,200
National Eye Research Centre 8,500 8,500
National Gulf Veterans Families Association (NGVFA) - 3,000
National Talking Newspapers (formerly The Talking Newspaper - 11,000
Association of the UK)
Neuromuscular Centre - 25,133
New Bridge - 50,950
Newcastle University - 6,608
Nicky Alliance Day Centre (Manchester Jewish Community Care) - 5,000
North Argyll Eventide Home Association - 2,500
North Lancashire Counselling Service - 3,000
Northern Institute of Cancer Research (Newcastle University) - 10,000
Nottingham Trent University - 8,955
OCD Action - 2,500
The Olive Branch - 9,500
Open Door Centre (The) - 5,000
Open Country - 3,900
Outreach Community & Residental Services - 10,000
Parents against Child Sexual Exploitation - 5,000
Park View 4U 5,000 5,000
Peel Medical Research Trust - 2,188,730
Peel Studentship Trust (University of Lancaster) 40,000 1,102,167
Personal Support Unit Manchester - 5,000
The Progressive Supranuclear Palsy Association - 30,000
Queen Elizabeth Centre Hospital - 3,374
Raleigh International - 11,000
Research Centre for Musclosketal Science & Sports Medicine - 18,075
Re-Cycle (Bikes for Africa) - 10,001
Rebuild (Bury) - 7,695
Refresh Limited - 23,000
Rehabiliation and Medical Research Trust (REMEDI) - 28,000
Relate Lancashire and Cumbria - 5,000
Refuge and Migrant Centre - 14,500
Carried forward 240,233 7,261,671

-29-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021 FOR THE YEAR ENDED 31 MARCH 2021
Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)
Total Total
2021 to date
£ £
Brought forward 240,233 7,261,671
The Respite Association - 2,500
Restore Support Network (North West) - 4,850
Retired Executives Action Clearing House (REACH) - 33,000
Ribble Valley Crossroads Ltd - 12,500
Rochdale Borough Shopmobility - 3,500
Roehampton University (London) - 23,374
Rosemere Cancer Foundation ( Lancashire Teaching Hospitals NHS - 10,000
Foundation Trust) - -
The Rossendale Trust - 10,000
Rossendale and Pendle Mountain Rescue Team - 5,000
The Rotary Club of Keswick - 2,500
Royal Holloway University of London - 10,000
St George's University of London- Division of Clinical Development - 8,500
Sciences
St Andrew's Church - 3,000
St Andrew's Community Network - 2,500
St Bride's Church - 15,000
St John's Guild - 22,714
St Luke's Hospice Sheffield - 12,000
St Marks Church - 5,000
St Oswald's Church 5,000 5,000
St Paul's Eye Unit - 5,000
St Thomas Church Lancaster - 10,000
St Wilfred's Centre - 7,000
St Wilfred's Church Grappenhall - 5,000
Salford Royal NHS 20,586 20,586
Salvaltion Army (The) - 5,000
The Salvation Army - Blackpool Citadel Corps - 1,983
Sandylands Methodist Church - 5,000
Savera UK - 5,000
School of Pharmacy and Pharmaceutical Sciences - 15,000
The Scottish Veterans Garden City Association - 10,000
SCOPE (Beaumont College) - 74,500
Seacombe URC (10,000) 10,000
Sefton O.P.E.R.A - 7,500
The Sequal Trust (Formerly Sequal) - 10,100
Sheffield Hallam University - 9,950
Shopmobility Stockport - 2,000
Shoulder to Shoulder - 3,500
Carried forward 255,819 7,659,728

-30-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

FOR THE YEAR ENDED 31 MARCH 2021 FOR THE YEAR ENDED 31 MARCH 2021
Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)
Total Total
2021 to date
£ £
Brought forward 255,819 7,659,728
Shrewsbury Drapers Holy Cross Limited - 5,000
Simeon Care for the Elderly - 6,000
Sight Advise South Lakes - 9,500
The Silver Line Helpline - 5,000
Skerton Community Association - 1,500
The Society of Mary and Martha - 10,000
SPA (The Peggy Dodd Centre) (Formerly SREMI) - 16,500
The Space Centre Preston Ltd - 7,500
Spadework Ltd - 21,500
Special Educational Needs Familys Support Group - 5,000
Spinal Injuries Association 3,000 16,000
Sportability - 2,000
Springfield Domestic Abuse Support South Lakeland 7,000 7,000
Staffordshire Women's Aid - 9,255
Stanley Grange Community Association - 15,000
Stockdales of Sale, Altrincham and District 7,000 7,000
Streetwise Opera - 2,500
SWACA - 5,000
Swansea University Medical School - 14,952
The Swinfen Chariable Trust - 6,000
Tagsa Uibhist - -
Tall Ships Youth Trust 3,000 9,600
Tax Help for Older People - 4,000
Thomas - 5,000
Threlkeld Village Hall Trust - 5,000
TLC Talk,Listen, Change - 5,000
Tower Hamlets Mission - 10,000
Trafford Domestic Abuse Services - 3,000
Treetops Hospice Trust - 15,000
Triple A Project - 5,000
Trinity Methodiat Church Clitheroe - 15,000
Trinity United Reformed Church Lancaster - 14,500
The Daniel Turnberg Trust Fund - 10,000
UCANDOIT - 5,000
UK Med 10,000 50,000
UK North Blind Sailing Association - 1,000
Ulverston Inshore Rescue - 4,000
Ulster University - 128,158
Carried forward 285,819 8,121,193

-31-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)

Brought forward
UNIQUE
University of Bolton (Neurocognition)
University of Birmingham
University of Cambridge
University of Central Lancashire
University College London
University of Cumbria - Faculty of Health and Science
University of Dundee
University of Edinburgh
University Hospital of Wales
University of Hull
University of Leeds - Institute of Functional Studies
University of Leicester
University of Liverpool
University of London
University of Manchester
University of Oxford
University of Plymouth
University of Salford
University of Salford - Institute of Dementia
University of St Andrews
University of Strathcylde
University of Wolverhampton
Veterans in Communities
Village Water
Vitalise (formerly Winged Fellowship Trust)
Voluntary Action Broxtowe
Walthew House
Walton Lea Partnership
Warrington YMCA
Watford New Hope Trust
Wellbeing of Women
Wellcome - Wolfson Institute for Experimental Medicine
Carried forward
University of Cumbria (formerly St Martin's College of Education
Lancaster)		 Total
2021
£
285,819
-
-
-
-
-
-
-
-
-
23,094
-
-
-
-
29,191
-
64,326
-
-
(2,613)
-
-
-
-
-
4,632
-
-
-
-
-
-
-
-		 Total
to date
£
8,121,193
2,000
10,000
12,448
14,956
13,200
12,340
136,051
83,450
-
36,076
9,936
17,000
14,568
23,461
237,228
28,354
384,901
37,297
14,100
95,279
500,000
12,881
8,782
25,000
13,810
31,261
7,750
2,000
7,500
5,000
8,000
3,000
117,209
14,585
404,449 10,060,616

-32-

THE DOWAGER COUNTESS ELEANOR PEEL TRUST

APPENDIX (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2021

Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)
Total
Total
2021
to date
£
£
Brought forward
404,449
10,060,616
Wesley Community Furniture
-
5,000
West Cumbria Women to Women
9,950
9,950
West End Impact
5,000
5,000
The West of England Multiple Sclerosis Society Limited
-
5,000
West Lancashire MS Society
-
1,000
West Lancashire Women's Refuge
-
3,500
The Wheelboat Trust
-
5,000
Whitehaven Community Trust
5,000
5,000
Wirral Churches Ark Project
-
23,000
WISH
-
4,500
Withington Methodist Church
-
5,000
Woodlands Quaker Home for Older People
-
5,000
The Wolfson Centre for Age-Related Diseases
-
10,000
Travelling Fellowships/Grants
10,350
416,550
434,749
10,564,116
Total of grants made before 6 April 2009 which have not been repeated
8,238,387
18,802,503		 Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)
Total
Total
2021
to date
£
£
Brought forward
404,449
10,060,616
Wesley Community Furniture
-
5,000
West Cumbria Women to Women
9,950
9,950
West End Impact
5,000
5,000
The West of England Multiple Sclerosis Society Limited
-
5,000
West Lancashire MS Society
-
1,000
West Lancashire Women's Refuge
-
3,500
The Wheelboat Trust
-
5,000
Whitehaven Community Trust
5,000
5,000
Wirral Churches Ark Project
-
23,000
WISH
-
4,500
Withington Methodist Church
-
5,000
Woodlands Quaker Home for Older People
-
5,000
The Wolfson Centre for Age-Related Diseases
-
10,000
Travelling Fellowships/Grants
10,350
416,550
434,749
10,564,116
Total of grants made before 6 April 2009 which have not been repeated
8,238,387
18,802,503		 Appendix B – Grants made to Charities not specified in the schedule to the Trust Deed (continued)
Total
Total
2021
to date
£
£
Brought forward
404,449
10,060,616
Wesley Community Furniture
-
5,000
West Cumbria Women to Women
9,950
9,950
West End Impact
5,000
5,000
The West of England Multiple Sclerosis Society Limited
-
5,000
West Lancashire MS Society
-
1,000
West Lancashire Women's Refuge
-
3,500
The Wheelboat Trust
-
5,000
Whitehaven Community Trust
5,000
5,000
Wirral Churches Ark Project
-
23,000
WISH
-
4,500
Withington Methodist Church
-
5,000
Woodlands Quaker Home for Older People
-
5,000
The Wolfson Centre for Age-Related Diseases
-
10,000
Travelling Fellowships/Grants
10,350
416,550
434,749
10,564,116
Total of grants made before 6 April 2009 which have not been repeated
8,238,387
18,802,503
434,749 10,564,116
8,238,387
18,802,503

-33-