Trustees’ Annual Report for the period
From 1 January 2021 Period start date To 31 December 2021 Period end date
Charity name: Victor Mann Trust Fund
Charity registration number: 215476
Objectives and Activities
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SORP reference
Summary of the purposes Para 1.17 FOR THE PROMOTION OF THE
of the charity as set out WELFARE AND COMFORT OF THE
in its governing AGED POOR INHABITANTS OF THE
document
BOROUGH OF WALLSEND AND FOR
THE PROVISION OF HOUSING
ACCOMMODATION FOR THE AGED
AND POOR INHABITANTS OF THE
SAID BOROUGH.
Summary of the main Para 1.17 and The charity gives grants to individuals
1.19
activities in relation to who are suffering financial hardship
those purposes for the and to groups who provide activities
public benefit, in promoting health and wellbeing,
particular, the activities, reducing social isolation.
projects or services
identified in the
accounts.
Statement confirming Para 1.18 The Trustees have had regard to the
whether the trustees Charity Commission guidance on public
have had regard to the benefit
guidance issued by the
Charity Commission on
public benefit
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Additional information (optional)
You may choose to include further statements where relevant about:
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SORP reference
To be eligible for grants applicants
Para 1.38 must be age 60 and over.
Policy on grant making
Para 1.38
Policy on social
investment including
program related
investment
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Para 1.38 Contribution made by volunteers Other
Achievements and Performance
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SORP reference
The grants given by the charity to
individuals have funded essential
housing repairs, equipment to assist
Summary of the main people living with a disability, electrical
Para 1.20
achievements of the equipment.
charity, identifying the
difference the charity’s This support improves beneficiaries
work has made to the living environment, supporting
circumstances of its independent living and keeping active.
beneficiaries and any
wider benefits to society Grants to groups enable participation
as a whole. in various activities increasing health
and wellbeing.
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Additional information (optional)
You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review
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Review of the charity’s Para 1.21 The charity continues to be in a good
financial position at the financial position maintaining a
end of the period balanced investment portfolio,
providing grants from income and
maintaining cash deposits.
Statement explaining the Para 1.22
policy for holding
reserves stating why they
are held
Amount of reserves held Para 1.22
Reasons for holding zero Para 1.22 The charity has no employees or
reserves overheads other than bank or
accounting charges .
Details of fund materially Para 1.24
in deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)
You may choose to include further statements where relevant about:
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 Trust deed
document
(trust deed, royal
charter)
How is the charity Para 1.25 Unincorporated charitable trust
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 Trustees are appointed by the Elected
methods including details May or North Tyneside Council to
of any constitutional include elected members (councillors)
provisions e.g. election to and local residents
post or name of any
person or body entitled
to appoint one or more
trustees
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Additional information (optional)
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name Victor Mann Trust Fund
Other name the charity
uses
Registered charity 215476
number
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Charity’s principal NORTH TYNESIDE COUNCIL
address 16 THE SILVERLINK NORTH
NEWCASTLE UPON TYNE
NE27 0BY
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Gary Madden Chair Appointed 1/1/2015 The Elected Mayor of
to date North Tyneside Council
Honorary Appointed 1/1/2015 The Elected Mayor of
2 [Lesley Spillard]
Treasurer to date North Tyneside Council
3 [James Barry ] Secretary Appointed 21/6/2022 The Elected Mayor of
Montague to date North Tyneside Council
Appointed 3/9/2018 The Elected Mayor of
4 [John Hunter]
to date North Tyneside Council
5 [Julie Elizabeth ] Appointed 21/6/2022 The Elected Mayor of
Cruddas to date North Tyneside Council
6 [Wendy Lott] Appointed 21/6/2022 The Elected Mayor of
to date North Tyneside Council
Appointed 21/6/2022 The Elected Mayor of
7 [Nigel Huscroft]
to date North Tyneside Council
8 [Maureen Heal] Appointed 3/9/2018 The Elected Mayor of
to date North Tyneside Council
9
1
0
1
1
1
2
1
3
1
4
1
5
1
6
1
7
1
8
1
9
2
0
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Corporate trustees – names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) L Spillard Full name(s) Lesley Anne Spillard
Position (eg Honorary Treasurer Secretary, Chair, etc)
Date 20 October 2022
WALLSEND CHARITABLE TRUST
BALANCE SHEET AS AT 31/12/21
| Liabilities Capital Account Sundry Creditors Revenue Account Balance at Beginning of Year Add: Surplus for Year |
£ 811,070 4,225 |
£ 155,481 815,295 970,776 |
Assets Investments Fixed Interest Equity Shares Sundry Debtors Bank Balances Current Account Deposit Account |
£ 858,949 0 |
£ 858,949 0 111,827 970,776 |
|
|---|---|---|---|---|---|---|
| 3,409 108,418 |
||||||
WALLSEND
INCOME & EXPENDIT
| Expenditure Organisations Bewicke Lodge C Scofeld Tenant (Lisle Court) Carville House Church of the Good Elmfeld Over 60 Eothen Homes Ltd Ferndene Friends of Crossgate Hanover Gardens High View Pensioners Iona Court Kings Estate Art Look After Yourself Madeline Nolan Mainstream OAP Make Christmas Special Mayfeld Park Residents Osbourne House Our Lady & St Columbas Read Milburn Rosebank Hall Springfeld View St Bernadettes Wimmins Group Cheque 10160 St Johns Church St Lukes Lunch Club St Pauls Cummunity St Peters Court The Holiday Club The Mem Thursday Afternoon Wallsend Park Bowl Westholme Farm Westmorland Estate Willington Quay F & F Windsor Grange Major Eforts Miscellaneous Grants (to individuals) |
2 | 2021 £ 500.00 300.00 300.00 300.00 354.80 500.00 450.00 500.00 300.00 200.00 300.00 200.00 300.00 46.19 200.00 500.00 500.00 500.00 2,000.00 330.00 300.00 1,271.99 200.00 3,300.00 300.00 500.00 300.00 300.00 800.00 300.00 300.00 300.00 300.00 679.99 500.00 |
£ 18,232.97 2,900.00 |
|---|---|---|---|
Other Bank Charges 523.57 Income over Expenditure Total 21,656.54
D CHARITABLE TRUST
TURE ACCOUNT AS AT 31/12/21
| Income | 2021 | |
|---|---|---|
| £ | £ | |
| Dividends/Inv Int | 29,676.69 | |
| Bank Interest | 10.62 | |
| Share Income | -3,806.00 | 25,881.31 |
Ex enditure over Income -4,224.77,, 21,656.54,,
WALLSEND CHARITABLE
INCOME 2021
| Date 02/07/2021 02/09/2021 03/09/2021 04/08/2021 04/08/2022 05/07/2021 06/03/2021 06/09/2021 07/07/2021 08/09/2021 09/08/2021 10/07/2021 10/07/2021 11/09/2021 12/03/2021 12/08/2021 |
Type Brewin Dolphin Brewin Dolphin Brewin Dolphin Brewin Dolphin Diageo PLB Brewin Dolphin Bank Interest Brewin Dolphin Brewin Dolphin Brewin Dolphin Brewin Dolphin Brewin Dolphin Diageo PLB Brewin Dolphin Bank Interest Brewin Dolphin |
Ref £ Div/Int 609.25 Div/Int 3,515.10 Div/Int 564.84 Div/Int 732.81 Div/Int 2.24 Div/Int 2,703.67 Bank Interest 5.10 Div/Int 1,478.36 Div/Int 963.89 Div/Int 10,579.04 Div/Int 1,763.90 Div/Int 3,105.63 Div/Int 3.56 Div/Int 2,222.21 Bank Interest 5.52 Div/Int 1,432.19 |
|---|---|---|
29,687.31
TRUST
Bank Acc
Deposit Account Deposit Account Deposit Account Deposit Account Current Account Deposit Account Deposit Account Deposit Account Deposit Account Deposit Account Deposit Account Deposit Account Current Account Deposit Account Deposit Account Deposit Account
| Dividend/Inv Int | 29,676.69 |
|---|---|
| Bank Interest | 10.62 |
| TOTAL | 29,687.31 |
WALLSEND CHARITABLE TRUST
EXPENDITURE 2020
| Organisation | ||||
|---|---|---|---|---|
| Date | Ref | Amount | (O)/ Individual | |
| (I)/ Bank (B) | ||||
| 02/09/2021 | BC | Guarantee | 127.66 | B |
| 04/13/2021 | BP | St Johns Church | 3,000.00 | O |
| 04/19/2021 | BP | Madeline Nolan | 46.19 | I |
| 05/05/2022 | CH | 101602 | 200.00 | O |
| 05/07/2021 | BC | Guarantee | 131.97 | B |
| 07/12/2021 | BP | Ferndene | 150.00 | O |
| 08/09/2021 | BC | Guarantee | 131.97 | B |
| 09/23/2021 | BP | Our Lady & St Columbas | 1,500.00 | O |
| 09/23/2021 | BP | Willington Quay F & F | 179.99 | O |
| 10/18/2021 | BP | Read Milburn | 330.00 | O |
| 10/18/2021 | BP | St Peters Court | 300.00 | O |
| 10/18/2021 | BP | Eothen Homes Ltd | 500.00 | O |
| 10/18/2021 | BP | Bewicke Lodge | 500.00 | O |
| 10/18/2021 | BP | Carville House | 300.00 | O |
| 10/18/2021 | BP | Windsor Grange | 500.00 | O |
| 10/18/2021 | BP | Ferndene | 300.00 | O |
| 10/18/2021 | BP | C Scofeld Tenant (Lisle Court) | 300.00 | O |
| 10/18/2021 | BP | Iona Court | 300.00 | O |
| 10/18/2021 | BP | Osbourne House | 500.00 | O |
| 10/18/2021 | BP | Hanover Gardens | 300.00 | O |
| 10/18/2021 | BP | Springfeld View | 300.00 | O |
| 10/18/2021 | BP | Mayfeld Park Residents | 500.00 | O |
| 10/18/2021 | BP | Rosebank Hall | 300.00 | O |
| 10/18/2021 | BP | Friends of Crossgate | 500.00 | O |
| 10/18/2021 | BP | Westmorland Estate | 300.00 | O |
| 10/18/2021 | BP | The Holiday Club | 300.00 | O |
| 10/18/2021 | BP | Wallsend Park Bowl | 300.00 | O |
| 10/19/2021 | BP | St Lukes Lunch Club | 300.00 | O |
| 10/19/2021 | BP | Mainstream OAP | 200.00 | O |
| 10/19/2021 | BP | Church of the Good | 300.00 | O |
| 10/19/2021 | BP | High View Pensioners | 200.00 | O |
| 10/19/2021 | BP | Make Christmas Special | 500.00 | O |
| 10/19/2021 | BP | Willington Quay F & F | 500.00 | O |
| 10/19/2021 | BP | Our Lady & St Columbas | 500.00 | O |
| 10/19/2021 | BP | St Pauls Cummunity | 500.00 | O |
| 10/19/2021 | BP | St Johns Church | 300.00 | O |
| 10/19/2021 | BP | Kings Estate Art | 200.00 | O |
| 10/19/2021 | BP | Westholme Farm | 300.00 | O |
| 10/19/2021 | BP | Look After Yourself | 300.00 | O |
| 11/03/2021 | BP | Springfeld View | 971.99 | O |
| 11/03/2021 | BP | The Mem | 800.00 | O |
| 11/09/2021 | BC | Guarantee | 131.97 | B |
| 11/23/2021 BC Thursday Afternoon 11/23/2021 BC Louise Ferguson 12/22/2021 BC Elmfeld Over 60 12/22/2021 BC Elmfeld Over 60 Bank Charges Cheques Direct Bank Payments (BP) |
300.00 O 2,900.00 I 200.00 O 154.80 O 21,656.54 523.57 200.00 20,932.97 21,656.54 |
|---|---|
| Ref | I/E |
|---|---|
| Bank Charges | |
| 218 | St Johns Church (Care for a Cuppa) |
| 218a | Madeline Nolan (Card and Amazon voucher) |
| 1a | St Bernadettes Wimmins Group (Christmas Funding 2020) |
| Bank Charges | |
| 219 | Ferndene |
| Bank Charges | |
| 221 | Our Lady & St Columbas |
| 222 | Willington Quay F & F |
| V007/NL | Independent Examiner's Report Year Ended 31 December 2020 |
| 1 | St Peters Court |
| 2 | Eothen Homes Ltd |
| 3 | Bewicke Lodge |
| 4 | Carville House |
| 5 | Windsor Grange |
| 6 | Ferndene |
| 7 | C Scofeld Tenant |
| 8 | Iona Court |
| 9 | Osbourne House |
| 10 | Hanover Gardens |
| 11 | Springfeld View |
| 12 | Mayfeld Park Residents |
| 13 | Rosebank Hall |
| 14 | Friends of Crossgate |
| 15 | Westmorland Estate |
| 16 | The Holiday Club |
| 17 | Wallsend Park Bowl |
| 18 | St Lukes Lunch Club |
| 19 | Mainstream OAP |
| 20 | Church of the Good |
| 21 | High View Pensioners |
| 22 | Make Christmas Special |
| 23 | Willington Quay F & F |
| 24 | Our Lady & St Columbas |
| 25 | St Pauls Cummunity |
| 26 | St Johns Church |
| 27 | Kings Estate Art |
| 28 | Westholme Farm |
| 29 | Look After Yourself |
| 220 | Springfeld View |
| 31 | The Mem (payments for £300 & £500) |
| Guarantee |
| 32 | Thursday Afternoon |
|---|---|
| 224 | Louise Ferguson |
| 30 | Elmfeld Over 60 |
| 223 | Elmfeld Over 60 |
WALLSEND CHARITABLE TRUST
CHEQUES 2020
| Date | Cheque No |
Date Cashed | Payee | Amount |
|---|---|---|---|---|
| 12/01/2020 | 101602 | **05/05/2022 ** | St Bernadettes Wimmins Group | 200.00 |
| Total Cheques | ||||
| 200.00 |
Christmas Funding 2020
Wallsend Charitable Investments as at 31/
| Company Aberdeen STD FD MG Admiral Group Artemis US Ashtead Group Ord Blackrock FM Ltd Contl Blackrock (LUK) SA UK Ballie Gillford American B Nav Inc Ballie Gillford GBL Discovery BNY Mellon Fd Mngr Newton Close Bros Group Compass Group Ord Diageo Ord Experian Ord First State Inv Asia Pacifc Fil Inv SVCS UK GAM Star Fund Credit Glaxosmithkline Ord Goldman Sachs Henderson GLB Inv Henderson Investment Fixed Interest Monthly Income JP Morgan LTD US JP Morgan GL EM Inc Jupiter Fund Mngrs UK Jupiter AM (Europe) US Equity Lloyds Banking GP Ord Man FD MGMT UK Ltd Merian MGMT Merian UK Merian GBL INV EUR Merian US Microsoft Corp Com US Muzinich Funds GBL M&G PLC ORD National Grid Pennon Group Ord Prudential Ord Pimco GBL RELX PLC Rio Tinto Ord Robeco Lux SA Global Royal Dutch Shell Schroder Unit TST GBL Schroder Unit TST US TR Property Inves UBS Fund Mgmt Lux |
No | 30,300 500 10,600 545 13,625 250 5,137 1,240 20,629 1,450 785 540 1,170 1,710 2,365 1,385 18,400 27,332 22,000 82,570 14,320 17,256 3,024 17,295 140 187 1,833 650 2,680 790 400 220 760 36,166 19,144 4,000 3,297 of Units 2021 |
|---|---|---|
Unilever PLC Ord Vanguard Inv UK Vanguard Inv Ser Uk Gov Bd Cash
680 264 519
366,158
Gov Stock
e Trust
/12/20
| 23,275 14,216 26,830 5,274 17,405 27,330 39,175 17,417 10,973 21,712 374 15,249 4,190 25,775 23,593 15,045 18,420 27,397 13,275 84,772 18,021 15,836 25,889 21,762 20,460 19,959 9,761 1,075 32,024 15,667 8,042 21,804 1,286 25,334 6,457 16,852 31,229 Book Value 2021 |
No of Units 2020 |
No of Units 2020 |
Book Value 2020 |
|---|---|---|---|
| 30,300 10,600 545 13,625 250 5,137 1,240 20,629 1,350 1,450 785 540 1,170 1,710 2,365 1,385 18,400 27,332 82,570 14,320 8,393 17,295 16,000 3,024 140 187 650 1,833 2,150 650 3,680 790 400 220 760 36,166 15,400 6,945 3,297 |
| 10,029 | 680 | 10,029 | 0 |
|---|---|---|---|
| 27,753 | 264 | 27,753 | 0 |
| 57,642 | 519 | 57,641 | 1 |
| 40,370 | 18,758 | 21,612 | |
| 858,949 | 355,146 | 862,755 | -3,806 |
| 0 | 0 | 0 | |
| 0 | 0 | 0 | |
| 858,949 | 862,755 | -3,806 |
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name VICTOR MANN TRUST FUND members of On accounts for the year Charity no ended 31 DECEMBER 2021 (if any) 215476 Set out on pages 3 - 4
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2021.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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 2011 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 which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did 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.
- Please delete the words in the brackets if they do not apply.
Date: Signed: 16/10/2022 Name: N J LILEY Relevant professional FCA qualification(s) or body (if any):
Oct 2018
1
IER
Address:
71 HOWARD STREET NORTH SHIELDS TYNE AND WEAR, NE30 1AF
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
N/A
Oct 2018
2
IER
WALLSEND CHARITABLE TRUST
INCOME & EXPENDITURE ACCOUNT AS AT 31/12/21
| Expenditure Organisations Bewicke Lodge C Scofield Tenant (Lisle Court) Carville House Church of the Good Elmfield Over 60 Eothen Homes Ltd Ferndene Friends of Crossgate Hanover Gardens High View Pensioners Iona Court Kings Estate Art Look After Yourself Madeline Nolan Mainstream OAP Make Christmas Special Mayfield Park Residents Osbourne House Our Lady & St Columbas Read Milburn Rosebank Hall Springfield View St Bernadettes Wimmins Group Cheque 101602 St Johns Church St Lukes Lunch Club St Pauls Cummunity St Peters Court The Holiday Club The Mem Thursday Afternoon Wallsend Park Bowl Westholme Farm Westmorland Estate Willington Quay F & F Windsor Grange Major Efforts Miscellaneous Grants (to individuals) Other Bank Charges Income over Expenditure Total |
2021 £ 500.00 300.00 300.00 300.00 354.80 500.00 450.00 500.00 300.00 200.00 300.00 200.00 300.00 46.19 200.00 500.00 500.00 500.00 2,000.00 330.00 300.00 1,271.99 200.00 3,300.00 300.00 500.00 300.00 300.00 800.00 300.00 300.00 300.00 300.00 679.99 500.00 |
Income 2021 £ £ Dividends/Inv Int 29,676.69 Bank Interest 10.62 Share Income -3,806.00 18,232.97 2,900.00 523.57 4,224.77 25,881.31 |
£ 25,881.31 25,881.31 |
|---|---|---|---|
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WALLSEND CHARITABLE TRUST
BALANCE SHEET AS AT 31/12/21
Liabilities £ £ Assets £ £
Capital Account 155,481 Investments
Sundry Creditors Fixed Interest 858,949
Equity Shares 0
Revenue Account 858,949
Balance b/fwd 811,070
Add: Surplus for Year 4,225 815,295
Sundry Debtors 0
Bank Balances
Current Account 3,409
Deposit Account 108,418 111,827
970,776 970,776
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