THE NANTWICH CHURCHWARDENS, MERGED CHARITY Charity Number: 216367 Report and Accounts for the year ended 31 August 2024 THE NANTWICH CHURCHWARDENS, MERGED CHARITY Report and Accounts for the year ended 31 August 2024 Index Page Trustees, Report Independent Ex8mine¢s Report Statement of Financial Activities Balance Sheet Notes to the Accounts THE NANTWICH CHURCHWARDENS. MERGED CHARITY TRUSTEES. REPORT for the Year Ended 31 August 2024 Reglstered Charity No. 216367 Th.e go¥eming oocument of the chanty to whic￿, the Trustees have adhered is the Trust Deed oated 4 June 2007. Trustees who served during the year We￿.. M,. P Boxhall ,'from 24. April 20241 Ms J Grubb Mr C F Harris (until 24th April 2024) Rev M Hart MrNWHutt Cir P M Kirkham Mr J M li Layfield Clr Mr A Moran Mr P S O'Brien Mr R P Woods Offlcers: Chalmian Rev M Hart Secretary MrNHutt Treasurer MrNHutt The ODjecl gf the Trust is the relief of persons ￿$￿Ient in the a￿8 of benefit who are in neea. hardship or distress. Rovlew of th8 year Startln8 Balance at I September 2023 Incorne , ali ,rJm invested capital} Expenditure C105ing Balance at 31 Augus+ 2024 £41,453 £39,628 £41,273 £39,052 Financial aid was given to: Chesnire Roses GroTrAD. CLASP. Dementia Friendly Nanhwich Health Box. LATH. Millfields Primary School: Nantsvich Buddies. NYCC Pure Inssght. Reclo¢s Discrebonary Fund, The End of Lrfe Partnership. Weaver Primary School. YMCA. This report was approved by the Trustees at a meeting held on 27th November 2024 and signed on theit behalf by Rev Dr Mark Hart.. Chairrnan INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE NANTWICH CHURCHWARDENS, MERGED CHARITY I report on the accounts of the Tnjst (Registered Charity No. 216￿7) for the year ended 31 August 2024, which are set out on pages 5 to 7. Respective responsibilities of Trustees and Examiner The charills trustees are responsible for th8 preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act") and that an Independent examination is needed. It is my responsibility to. examine the accounts under section 145 of the Chanties Act, to follow the procedures laid d¢Jwn in the general Direclions given by the Charity Commissi¢Jn (under section 145(51{b} of the Charitses Act, and to state whether particular matters have come to my attention Basis of Independent Examinefs Report My examination was camed out in accordance wth general Directions given by the Charity Commission. An examination includes a review of the accounting records kepl by the charity and a comparison ofthe accounts presented with Ihose records. It also includes consideration of any unusual item5 or dis¢losures in the accounls. and seeking explanations from the Irustees concèming any such mattets, The proc8dur8s undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether tre accounts present a 'true and fail view and the report Is limited to tnose matters set out In the statement below. Independent Examinef s Statement In connection with my examinatson. no matter has come to my attention which gives me reasonable cause to believe that in. any material respect, Ihe requirements.. to keep accounting records in accordan￿ wth section 130 of the Chanties Act; and to prepare accounts ￿lch accord with the accounting records and comply with the accounting requirements of the Chanties Act have not been mel.. or to which, in my opinion, attention should be drawn in order to enab￿ a proper understanding of the accounts to be reached. B J Coghlan FCA 379 Crewe Road Nantwich Cheshire CW5 6NW THE NANTWICH CHURCHWARDENS. MERGED CHARITY STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 August 2024 2024 2023 Notes Incoming Resources Dividends from Investments 39,628 38,764 Interest Re￿iVed Total In¢xming Resourc83 Resources Expended Grants Made 41,128 26,774 Administration Expenses Reinvestment of Surplus Income 10,000 Total Resources Expended Net (outgoingllincoming resources for the year Net movement in fijnds {1,5001 1,990 Increasel{decreasel in investment value during year Fund balance brought forward 120,152 (23,950) 1,329,393 1,351,353 Fund balance carried forward 1 329 393 The notes on page 7 fonn part of these accounts THE NANTWICH CHURCHWARDENS. MERGED CHARITY BALANCE SHEET for the Year Ended 31 August 2024 2024 2023 Notss Investment 1,408,093 1,287,941 Current Assets Current Account 39,952 41,453 Total Net Assets 1329 394 Reserves 1 329 394 Approved by the Trustees at their meeting on 27th November 2024 and signed on their behalf by: Rev Dr M Hart, Chairman Mr N Hutt, Treasurer The notes on page 7 fom part of these accounts THE NANTWICH CHURCHWARDENS. MERGED CHARITY NOTES TO THE ACCOUNTS Accounting Policies for the Year Ended 31 August 2024 The financial statements are generally prepared under the historical cost convention and in accordance with the Charities SORP IFRS102> {effective 1 January 2015}. Dividends from Investments A quarterly dividend is paid from the CCLA Charities Ethical Investment Fund {COIFI on the charity's investment (see note 4>. Grants Made The followng grants were made during the year. Cheshire Roses Group CLASP Dementla Friendly Nantwich Health Box LATH Millfields Primary School Nantwich Buddies NYCC Pui'e Insight Rector's Discretionary Fund The End of Life Partnership Weaver Prirnary khool YMCA I￿0. I0￿0.C 1772.50 3500.00 1938.00 4000. 3000.00 12CiIO.00 600.00 600.00 1%8.00 5W.00 250. The trustee have also committed to future payments of. 2024125- £10,738 2025126- £3,738 2026127 - £900 Administration Expenses No claims for administration expenses were made during the year. Investment The original investment was 448. 174. 18 income units in the CCLA Charities Ethical Investment Fund. These units were purchased in July 2014. At that time, they had an original purchase value of £805,522.86 Further purchases of 3180.46 units (£10,000) and 3539.571£10,000) were made in November 2021 and June 2023 ￿SpeCtive1y. The units are valued at current value in the Balance Sheet and any annual increase or decrease reflected in the value of the fund. Current Account This Accnunl is held with Natwest Nanttvich Branch with facility for electronic banking to manage the account and make payments electronically. The system retains the requiremenl for double 'signature' approval_