# **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**
**----- Start of picture text -----**
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
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
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
**----- End of picture text -----**
Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
**----- Start of picture text -----**
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.
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
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
**----- End of picture text -----**
## **Financial Review**
**----- Start of picture text -----**
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
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
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
**----- End of picture text -----**
## **Structure, Governance and Management**
**----- Start of picture text -----**
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
**----- End of picture text -----**
## **Additional information (optional)**
You may choose to include further statements where relevant about:
**----- Start of picture text -----**
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
**----- End of picture text -----**
## **Reference and Administrative details**
**----- Start of picture text -----**
Charity name Victor Mann Trust Fund
Other name the charity
uses
Registered charity 215476
number
**----- End of picture text -----**
**----- Start of picture text -----**
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**
**----- Start of picture text -----**
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
**----- End of picture text -----**
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**|
|---|---|---|---|
**-3-**
**----- Start of picture text -----**
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
**----- End of picture text -----**
-4-