REGISTERED CHARITY NUMBER: 214759
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
AMBLESIDE WELFARE CHARITY
RFM Lancaster Limited 39 Northgate White Lund Morecambe Lancashire LA3 3PA
AMBLESIDE WELFARE CHARITY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 10 |
| Detailed Statement of Financial Activities | 11 |
AMBLESIDE WELFARE CHARITY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of 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) (effective 1 January 2019).
(Tolls of Markets and Fairs) Registration Number: 214759
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The charity known as Borwicke's and Jackson's (Ambleside) Charity (regulated by a Scheme of the Charity Commissioners of 23rd October 1936).
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The charity of Thomas Braithwaite, founded by deed dated in the year 1670 and comprised in a Scheme of the Commissioners of 10th December 1937.
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The charity of Reverend John Mackereth Freeman, founded by will proved at York on 11th November 1805 (regulated by a Scheme of the Charity Commissioners of 10th December 1937).
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The charity of Robert Jackson founded in or about the year 1658 (regulated by a Scheme of the Charity Commissioners of 5th July 1927).
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The charity of George Mackereth (regulated by a Scheme of the Charity Commissioners of 10th December 1937).
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The charity known as the Tolls of Markets and Fairs (regulated by a Scheme of the Charity Commissioners of 12th April 1912, an order of the Commissioners made 3rd March 1936 under the local Government Act 1929 and a scheme of the Commissioners of the 17th April 1951).
The above mentioned charities are regulated by a scheme of the Charity Commissioners sealed on 28th April 1971.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The object of the Charity is "to relieve either generally or individually persons resident in the area of benefit who are in conditions of need, hardship or distress." This shall be achieved "by making grants of money or providing or paying for items, services or facilities calculated to reduce the need, hardship or distress of such persons." The area of benefit is the Ambleside ward.
The Trustees have considered the guidance published by the Charities Commission in relation to public benefit and confirm that they adhere to this guidance. The Trustees are of the opinion that the objectives and activities of the charity ensure that it assists beneficiaries in the Ambleside area.
ACHIEVEMENT AND PERFORMANCE
The Trustees on behalf of the Charity continue to discharge their responsibilities to help the residents of the old Ambleside Parish Ward to alleviate sickness, hardship and the consequences of death on families. As we have come out of Covid the Trustees have been able to physically meet to discharge their responsibilities. Confidentiality remains the key to the work of the Charity as many people do not wish their affairs to be publicly known. The work of the Charity is much appreciated within the local area.
FINANCIAL REVIEW
Review of the years activities
The amount of contributions distributed in support of the needy, as required by the charity's objectives, has decreased by £12,961 from last year to a total of £27,790. The total funds held by the charity have decreased by £17,968 in the year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 1
AMBLESIDE WELFARE CHARITY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees
There are seven trustees, appointed as follows
One ex officio trustee (the Vicar for the time being of St Mary's Parish Church). Four nominative trustees (appointed by the Parish Council)
Two co optative trustees (persons who, through residence, occupation, employment or otherwise, have special knowledge of the area of benefit; appointed by the trustees)
All the nominative and co-optative trustees are appointed for a term of four years.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 214759
Principal address
36 Hill Top View Bowburn Durham DH6 5BU
Trustees
Mrs L Dixon B Elleray Mrs F Sparrow Mrs F Woodburn N Martin V Rigg Rector Rev B Lock
Independent Examiner
Gillian Telford MAAT RFM Lancaster Limited 39 Northgate White Lund Morecambe Lancashire LA3 3PA
Approved by order of the board of trustees on 23 May 2022 and signed on its behalf by:
Mrs L Dixon - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AMBLESIDE WELFARE CHARITY
Independent examiner's report to the trustees of Ambleside Welfare Charity
I report to the charity trustees on my examination of the accounts of Ambleside Welfare Charity (the Trust) for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees of the Trust 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 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 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:
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accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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.
Gillian Telford MAAT RFM Lancaster Limited 39 Northgate White Lund Morecambe Lancashire LA3 3PA
23 May 2022
Page 3
AMBLESIDE WELFARE CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2021
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies Investment income 2 Total EXPENDITURE ON Raising funds 3 Charitable activities General Other Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2021 2020 Unrestricted Total funds funds £ £ 8,118 3,800 62,737 11,498 70,855 15,298 148 110 32,174 18,793 8,742 8,218 41,064 27,121 29,791 (11,823) 972,296 984,119 1,002,087 972,296 |
|---|---|
The notes form part of these financial statements
Page 4
AMBLESIDE WELFARE CHARITY
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2021
| Notes FIXED ASSETS Tangible assets 6 CURRENT ASSETS Debtors 7 Cash at bank and in hand CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 9 Unrestricted funds: General fund Revaluation reserve TOTAL FUNDS |
2021 Unrestricted funds £ 890,160 6,256 106,811 113,067 (1,140) 111,927 1,002,087 1,002,087 111,473 890,614 1,002,087 1,002,087 |
2020 Total funds £ 890,160 5,869 77,011 82,880 (744) 82,136 972,296 972,296 81,682 890,614 972,296 972,296 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 23 May 2022 and were signed on its behalf by:
L Dixon - Trustee
The notes form part of these financial statements
Page 5
AMBLESIDE WELFARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1. ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
INCOME
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
EXPENDITURE
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
TAXATION
The charity is exempt from tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| Rents received Deposit account interest Curr asset inv income |
2021 £ 61,666 207 864 62,737 |
2020 £ 10,938 560 - |
|---|---|---|
| 11,498 |
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continued...
AMBLESIDE WELFARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
3. RAISING FUNDS
INVESTMENT MANAGEMENT COSTS
| Administrative expenses | 2021 £ 148 |
2020 £ 110 |
|---|---|---|
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
TRUSTEES' EXPENSES
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| funds | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 3,800 |
| Investment income | 11,498 |
| Total | 15,298 |
| EXPENDITURE ON | |
| Raising funds | 110 |
| Charitable activities | |
| General | 18,793 |
| Other | 8,218 |
| Total | 27,121 |
| NET INCOME/(EXPENDITURE) | (11,823) |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 984,119 |
| TOTAL FUNDS CARRIED FORWARD | 972,296 |
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continued...
AMBLESIDE WELFARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
6. TANGIBLE FIXED ASSETS
| COST At 1 January 2021 and 31 December 2021 NET BOOK VALUE At 31 December 2021 At 31 December 2020 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments and accrued income Prepayments 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 9. MOVEMENT IN FUNDS At 1/1/21 £ Unrestricted funds General fund 81,682 Revaluation reserve 890,614 972,296 TOTAL FUNDS 972,296 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 70,855 TOTAL FUNDS 70,855 |
Freehold property £ 890,160 890,160 890,160 2021 2020 £ £ - 5,327 6,256 542 6,256 5,869 2021 2020 £ £ 1,140 744 Net movement At in funds 31/12/21 £ £ 29,791 111,473 - 890,614 29,791 1,002,087 29,791 1,002,087 Resources Movement expended in funds £ £ (41,064) 29,791 (41,064) 29,791 |
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continued...
AMBLESIDE WELFARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
9. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Revaluation reserve TOTAL FUNDS |
At 1/1/20 £ 93,505 890,614 984,119 984,119 |
Net movement in funds £ (11,823) - (11,823) (11,823) |
At 31/12/20 £ 81,682 890,614 972,296 972,296 |
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 15,298 | (27,121) | (11,823) |
| TOTAL FUNDS | 15,298 | (27,121) | (11,823) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Revaluation reserve TOTAL FUNDS |
At 1/1/20 £ 93,505 890,614 984,119 984,119 |
Net movement At in funds 31/12/21 £ £ 17,968 111,473 - 890,614 17,968 1,002,087 17,968 1,002,087 |
|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 86,153 | (68,185) | 17,968 |
| TOTAL FUNDS | 86,153 | (68,185) | 17,968 |
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continued...
AMBLESIDE WELFARE CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
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AMBLESIDE WELFARE CHARITY
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 INCOME AND ENDOWMENTS Donations and legacies Donations Investment income Rents received Deposit account interest Curr asset inv income Total incoming resources EXPENDITURE Investment management costs Administrative expenses Charitable activities Welfare donations Other Insurance Repairs and renewals Support costs Management Clerk honorarium Governance costs Accountancy and legal fees Total resources expended Net income/(expenditure) |
2021 £ 8,118 61,666 207 864 62,737 70,855 148 27,790 8,060 682 8,742 2,500 1,884 41,064 29,791 |
2020 £ 3,800 10,938 560 - 11,498 15,298 110 14,829 7,911 307 8,218 2,500 1,464 27,121 (11,823) |
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This page does not form part of the statutory financial statements
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