Trustees’ Annual Report for the period
From 1 January 2022 Period start date To 31 December 2022 Period end date
Charity name: Victor Mann Trust Fund
Charity registration number: 215476
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | FOR THE PROMOTION OF THE WELFARE AND COMFORT OF THE AGED POOR INHABITANTS OF THE BOROUGH OF WALLSEND AND FOR THE PROVISION OF HOUSING ACCOMMODATION FOR THE AGED AND POOR INHABITANTS OF THE SAID BOROUGH. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The charity gives grants to individuals who are suffering financial hardship and to groups who provide activities promoting health and wellbeing, reducing social isolation. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees have had regard to the Charity Commission guidance on public benefit |
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference |
||
|---|---|---|
| Policy on grant making | Para 1.38 | To be eligible for grants applicants must be age 60 and over. |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 |
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The grants given by the charity to individuals have funded essential housing repairs, equipment to assist people living with a disability, electrical equipment. This support improves beneficiaries living environment, supporting independent living and keeping active. Grants to groups enable participation in various activities increasing health and wellbeing. |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
|
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The charity continues to be in a good financial position maintaining a balanced investment portfolio, providing grants from income and maintaining cash deposits. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | The charity has no employees or overheads other than bank or accounting charges . |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
|
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Unincorporated charitable trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed by the Elected May or North Tyneside Council to include elected members (councillors) and local residents |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
|
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Victor Mann Trust Fund |
|---|---|
| Other name the charity uses | |
| Registered charity number | 215476 |
| Charity’s principal address | NORTH TYNESIDE COUNCIL 16 THE SILVERLINK NORTH NEWCASTLE UPON TYNE NE27 0BY |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 1 0 1 1 1 2 1 3 1 4 1 5 1 6 1 7 1 8 1 9 2 0 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Gary Madden | Appointed 1/1/2015 to date |
The Elected Mayor of North Tyneside Council |
||
| Lesley Spillard | Honorary Treasurer | Appointed 1/1/2015 to date |
The Elected Mayor of North Tyneside Council |
|
| James Barry Montague |
Secretary | Appointed 21/6/2022 to date |
The Elected Mayor of North Tyneside Council |
|
| John Hunter | Appointed 3/9/2018 to date |
The Elected Mayor of North Tyneside Council |
||
| Julie Elizabeth Cruddas |
Appointed 21/6/2022 to date |
The Elected Mayor of North Tyneside Council |
||
| Wendy Lott | Chair | Appointed 21/6/2022 to date |
The Elected Mayor of North Tyneside Council |
|
| Nigel Huscroft | Vice Chair | Appointed 21/6/2022 to date |
The Elected Mayor of North Tyneside Council |
|
| Maureen Heal | Appointed 3/9/2018 to date |
The Elected Mayor of North Tyneside Council |
||
– 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 Secretary, Honorary Treasurer Chair, etc)
Date
20 October 2022
Period Cost CentreCost CentreSubjective Subjective Detail Detail Desc APR-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified APR-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified APR-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified APR-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified APR-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified JUL-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified JUL-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified JUL-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified JUL-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified JUL-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified JUN-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified JUN-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified JUN-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified MAY-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified SEP-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified SEP-22/23 _x0002_08 Miscellane _x0002_25 Other Misc _x0002_00 Unspecified
Bs Bs Sub AccAmount Source _x0002_00 Unspecified -42,245.07 Manual _x0002_00 Unspecified -18,345.24 Payables _x0002_00 Unspecified 250 Payables _x0002_00 Unspecified 18,345.24 Payables _x0002_00 Unspecified 42,245.07 Manual _x0002_00 Unspecified -50,449.16 Payables _x0002_00 Unspecified -14.78 Manual _x0002_00 Unspecified -0.06 REMIT - Cas _x0002_00 Unspecified 895 Manual _x0002_00 Unspecified 50,449.16 Payables _x0002_00 Unspecified 10 Manual _x0002_00 Unspecified 300 Manual _x0002_00 Unspecified 1,875.00 Payables _x0002_00 Unspecified -1,172.32 Manual _x0002_00 Unspecified -10 Manual _x0002_00 Unspecified -10 Manual _x0002_00 Unspecified 200 Manual _x0002_00 Unspecified 300 Manual _x0002_00 Unspecified 348 Manual _x0002_00 Unspecified 372 Manual _x0002_00 Unspecified 378 Manual _x0002_00 Unspecified 400 Manual _x0002_00 Unspecified 500 Manual _x0002_00 Unspecified 570 Manual _x0002_00 Unspecified 1,172.32 Manual _x0002_00 Unspecified 2,192.00 Manual _x0002_00 Unspecified 3,500.00 Manual _x0002_00 Unspecified 30 Manual _x0002_00 Unspecified 801.59 Manual
Date Ref 1 Ref 2 12-Apr-22 DHEL8108GDHEL8108G 12-Apr-22 REIMBURSERIVERSIDE 5-Apr-22 7132446 AON SOLUT 12-Apr-22 REIMBURSERIVERSIDE 13-Apr-22 Reverses " Reverses " 5-Jul-22 RE-IMBURSRIVERSIDE 11-Jul-22 DHEL8108GDHEL8108G 15-Jul-22 17 49875/140 29-Jul-22 90NURW0290NURW02 5-Jul-22 RE-IMBURSRIVERSIDE 26-May-22 DHEL8108GDHEL8108G 24-Jun-22 90NURW0290NURW02 8-Jun-22 7139452 AON SOLUT 19-May-22 DHEL8108GDHEL8108G 25-May-22 DHEL8108GDHEL8108G 31-May-22 DHEL8108GDHEL8108G 7-Jun-22 JLIT1708GEJLIT1708GE 23-May-22 90NURW0290NURW02 23-May-22 90NURW0290NURW02 7-Jun-22 JLIT1708GEJLIT1708GE 7-Jun-22 JLIT1708GEJLIT1708GE 23-May-22 90NURW0290NURW02 7-Jun-22 JLIT1708GEJLIT1708GE 7-Jun-22 JLIT1708GEJLIT1708GE 19-May-22 Reverses " Reverses " 7-Jun-22 JLIT1708GEJLIT1708GE 23-May-22 90NURW0290NURW02 9-Sep-22 88SHIL070388SHIL0703 30-Sep-22 90NURW0290NURW02
| Ref 3 Ref 4 |
Tranid | Po | NumberTransactionEntry date | NumberTransactionEntry date |
|---|---|---|---|---|
| Fund 13 Tra | 20 - | Journals | 12-Apr-22 | |
| PAYMENT OPAYMENT O86939341 - | Invoices | 12-Apr-22 | ||
| PROFESSIOPROFESSIO 86831654 - | Invoices | 5-Apr-22 | ||
| PAYMENT OPAYMENT O86939340 - | Invoices | 12-Apr-22 | ||
| Fund 13 Tra | 20 - | Journals | 13-Apr-22 | |
| PAYMENT OPAYMENT O87653431 - | Invoices | 5-Jul-22 | ||
| Clearance o | 30 - | Journals | 11-Jul-22 | |
| 3 | IM2109391- | Imports | 15-Jul-22 | |
| Wallsend C | 1 - | Journals | 29-Jul-22 | |
| PAYMENT OPAYMENT O87653430 - | Invoices | 5-Jul-22 | ||
| Clearance o | 20 - | Journals | 26-May-22 | |
| Rosebank H | 1 - | Journals | 24-Jun-22 | |
| IFRS19 WOIFRS19 WO 87449345 - | Invoices | 8-Jun-22 | ||
| Transfer to | 20 - | Journals | 19-May-22 | |
| Clearance o | 30 - | Journals | 25-May-22 | |
| Clearance o | 20 - | Journals | 31-May-22 | |
| Payment m | 1 - | Journals | 7-Jun-22 | |
| Carville Gr | 1 - | Journals | 23-May-22 | |
| Look After | 2 - | Journals | 23-May-22 | |
| Payment m | 2 - | Journals | 7-Jun-22 | |
| Payment m | 3 - | Journals | 7-Jun-22 | |
| Mayfeld Pa | 3 - | Journals | 23-May-22 | |
| Payment m | 4 - | Journals | 7-Jun-22 | |
| Payment m | 1 - | Journals | 7-Jun-22 | |
| Transfer to | 20 - | Journals | 19-May-22 | |
| Payment m | 5 - | Journals | 7-Jun-22 | |
| Wallsend M | 4 - | Journals | 23-May-22 | |
| Job Ref 280 | 132 - | Journals | 9-Sep-22 | |
| Wallsend C | 2 - | Journals | 30-Sep-22 |
| Period | Cost CentreAmount | Cost CentreAmount | Date | Ref 3 | Entry date |
|---|---|---|---|---|---|
| MAY-22/23 | _x0002_08 | 300.00 | 23-May-22 | Carville Grange Social Fund Payment made on behalf of The Wallse 23-May-22 | |
| MAY-22/23 | _x0002_08 | 348.00 | 23-May-22 | Look After Yourself Payment made on behalf of The Wallsend Char | 23-May-22 |
| MAY-22/23 | _x0002_08 | 400.00 | 23-May-22 | Mayfeld Park Residents Ass Payment made on behalf of The Walls | 23-May-22 |
| MAY-22/23 | _x0002_08 | 3,500.00 | 23-May-22 | Wallsend Memorial Hall & Peoples Centre Payment made on behalf 23-May-22 | |
| MAY-22/23 | _x0002_08 | 200.00 | 7-Jun-22 | Payment made on behalf of The Wallsend Charitble Trust | 7-Jun-22 |
| MAY-22/23 | _x0002_08 | 372.00 | 7-Jun-22 | Payment made on behalf of The Wallsend Charitble Trust | 7-Jun-22 |
| MAY-22/23 | _x0002_08 | 378.00 | 7-Jun-22 | Payment made on behalf of The Wallsend Charitble Trust | 7-Jun-22 |
| MAY-22/23 | _x0002_08 | 500.00 | 7-Jun-22 | Payment made on behalf of The Wallsend Charitble Trust | 7-Jun-22 |
| MAY-22/23 | _x0002_08 | 570.00 | 7-Jun-22 | Payment made on behalf of The Wallsend Charitble Trust | 7-Jun-22 |
| MAY-22/23 | _x0002_08 | 2,192.00 | 7-Jun-22 | Payment made on behalf of The Wallsend Charitble Trust | 7-Jun-22 |
| JUN-22/23 | _x0002_08 | 300.00 | 24-Jun-22 | Rosebank Hall Senior Citizens | 24-Jun-22 |
| JUL-22/23 | _x0002_08 | 895.00 | 29-Jul-22 | Wallsend Chartible Trust payment to DHN | 29-Jul-22 |
| SEP-22/23 | _x0002_08 | 801.59 | 30-Sep-22 | Wallsend Charitable Trust | 30-Sep-22 |
| OCT-22/23 | _x0002_08 | 330.00 | 20-Oct-22 | Reed Milburn & Co (Wallsend Charitable Trust) | 20-Oct-22 |
| NOV-22/23 | _x0002_08 | 1,400.00 | 11-Nov-22 | Our Lady and St Columbas -Wallsend Charitable Trust | 11-Nov-22 |
| NOV-22/23 | _x0002_08 | 4,400.00 | 1-Dec-22 | Victor Mann Christmas Payments 2022 | 1-Dec-22 |
| NOV-22/23 | _x0002_08 | 6,000.00 | 1-Dec-22 | Victor Mann Christmas Payments 2022 | 1-Dec-22 |
| DEC-22/23 | _x0002_08 | 300.00 | 14-Dec-22 | Victor Mann Christmas Payments | 14-Dec-22 |
| DEC-22/23 | _x0002_08 | 309.00 | 21-Dec-22 | Ms Anne Bowman Victor Mann Payment | 21-Dec-22 |
23,495.59
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 2022 (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 31/12/2022.
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: 04/10/2023 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
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WALLSEND CHARITABLE TRUST
INCOME & EXPENDITURE ACCOUNT AS AT 31/12/22
Expenditure 2022 Income 2022
Organisations £ £ £ £
Amounts met by Third Party 23,496.00 Dividends/Inv Int 23,186.46
Bank Interest 202.58
Share Income 54,755.00
78,144.04
23,496.00
Major Efforts
Miscellaneous Grants (to individuals) 0.00
Other
Bank Charges 523.57
Income over Expenditure 54,124.47
Total 78,144.04 78,144.04
----- End of picture text -----
-3-
WALLSEND CHARITABLE TRUST
BALANCE SHEET AS AT 31/12/22
----- Start of picture text -----
Liabilities £ £ Assets £ £
Capital Account 155,481 Investments
Sundry Creditors 23,496 Fixed Interest 913,704
Equity Shares 0
Revenue Account 913,704
Balance b/fwd 815,295
Add: Surplus for Year 54,124 869,419
Sundry Debtors 0
Bank Balances
Current Account 2,892
Deposit Account 131,800 134,692
1,048,396 1,048,396
----- End of picture text -----
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