Whitebread Trust
c/o The Parish Office, Stocks Hill Lane, Ketton, Stamford, PE9 3TW
Charities Commission number 219164 : The Town Estate (otherwise The Town Land and Whitebread Allotment) known locally as the Whitebread Charity
Trustees’ Annual Report for the Financial Year April 2020 – March 2021
Trust assets
At 31 March 2021, the trust had cash assets of £69,578 (2020 - £51,523) with no liabilities. The trust also owns outright Tea Kettle Farm, comprising 172 acres of arable farmland in Cambridgeshire.
Income
Total income for the year was £38,982 (2020 - £29,812).
This came from two sources :
Tea Kettle Farm rent £38,760 (2020 - £29,604)
Donations £200 (2020 - £NIL)
Bank interest £22 (2020 - £208)
Expenditure
Total expenditure for the year was £20,927 (2020 - £19,187)
This is analysed as :
Total expenses £8,294 (2020 - £5,942) : comprising land agents fees, audit costs, trustee insurance premiums, legal fees, bank account fees, and Ketton Parish Council admin fee.
Total awards £12,633 (2020 - £13,245) comprising :
Awards to individuals £4,908 (2020 - £4,317)
There were awards to university students, awards for higher education, and awards to people of the village for sporting, musical, and adventure training activities.
Awards to organisations £7,725 (2020 - £10,408)
The village organisations supported were the Ketton Panthers, Ketton Methodist Church, Ketton Green Spaces, Bereavement Help, Guides, the Scout Group, the Tennis Club, and Ketton Together (re Covid 19).
Glenis Southern
Chairman
May 2021
Whitebread Trust Accounts 01 Apr 20 - 31 Mar 21
Charity Number: 219164
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Opening
Balance £51,523.08
Income Expenditure
Teakettle Farm Rent £38,760.00 Awards £12,632.90
Bank Interest £22.19 Expenses £8,294.33
Donation £200.00
Total £38,982.19 Total £20,927.23
Excess of income over
expenditure £18,054.96
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Closing Balance £69,578.04
Accounts examined by :
A&K Associates Ltd , 15 The Green, Ketton, Stamford PE9 3RA
11 May 2021
THE WHITE BREAD TRUST Financial Statements For the Year ended 31 March 2021 Examined by: A & K ASSOCIATES LTD AccounLanLs 15 The Green Ketton stamford PE9 3F
REPORT OF THE INDEPENDENT EXKYINER For the Year ended 31 March 2021 We approve these accounts and confirm that we have made available all I'elevant iecoids and informaLion foi Lheir p-eparation 'orninated Trustee !i..rt 2021 We have prepared the annexed Balance SheeL and Income and Expenditure Account, wh.ich we certi fy to be i.n accordance with the books, records and inforrnaknion supplied to us by The t4hite Bread Trust. 15 The Green Ketton Starnford PE9 3RA Kate Rogers EY4AAT A s K Associates Accountants Dated: 11 May 2021 Page I
THE WHITE BREAD TRUST BALANCE SHEET AS AT 31 MARCH 2Q21 ?.021 ASSETS EMPLOYED Cash at CAF Bank Current Account 32, 923.57 Nationwide 36, 654.47 69, 578.04 £69,578.04 REPRESENTED BV Punds at l April 2020 Excess Income. over Expenditure 51,523.08 18,054.96 Fund at 31 March 2021 £69, 578.04 Page 2
THE WHITE BREAD TRUST INCOMts AbD EXPVNBITURE ACCOUNT FOR TrH- YEAR ENEED 31 YARCki 2C21 2C21 INCOME Teakettle Farrn Rent Donations Interest: Nationwide 38, 760.00 200.00 38,982 19 EXPF.NDITURE Awards KeLLon Green Spaces Bereavement Help Point ' st Ketton Guides Kptton Methodist Church Ketton Tenni5 Club 342.60 500.00 600.00 2,000.00 906.00 Individuals 4.908.30 Ketton Scouts Ketton Together Covid Ketton Panthers 705.00 I,iii 00 12, 632.90 Ex enses Vianagement Rental Fees Insurance Bank Charges Accountar.cy Charges Legal Fees Ketton Farish Council 3,488.40 803.43 72.50 210.00 3.360.00 300.00 8,294.33 20,927.23 EXCESS OF INCObLY OVER EXPENDITURE £18,054.96 Page 3
adTru clo Th• Parish Office. Stocks Hill Lane. Ketton, Stsmford, PE9 mv Charities CoMmi10n number 219164.. The Town Estote (otherwlse The Town Land and WhltebreadAllotJnent) known locally us Ihe WhitEbread Charity 41 Trust assets At 31 March 2021. the trust had cash assets of £69,57812020- £51,523) with no liabilities. The trust also owns outright Tea Kettle Farm, comprising 172 acres of arable familand in Cambridgeshire. Income Total income for the yeèr was £38,98212020- £29,812). Thls came from two sources . Tea Kettle Farm rent £38,76012020 - £29,604) Donation5 £20012020- £NIL) Bank interest £2212020 - £2081 Ex enditure Totsl expendlture for the year was £20.92712020- £19,187) Thls Is analysed as . Total expense5 £8,29412020- £5,942) '. comprlsing laTrJ agents fees, audlt Costs. trustee insurarKe premiums, legal fees, bank account fees, and Ketton Parish Council admin fee. Total award5 £12,63312020- £13,245) comprfsing . Awards to Indlvlduals £4,90812020 - £4.3171 There were awards to universlty students. awards for h58her education, and award5 to people of the vSllage for sportln8. muslcal. and adventure training activitie& Awards to organisations £7.72512020- £10.4081 The village organisations supported were the Ketton Panthers, Ketton Methodlst Church, Ketton Green Spaces, Bereavement Help* Guide5, the Scout Group. the Tennis Club, and Ketton Together Ire Covid 191. Glenis Southern Chairman May 2021
Charit Number." 219164 enin Balance £51,523.08 Income Teakettle Fam Rent £38,760.00 1 Awards £12,632.9) Bank Interest £22.19 Expenses £8,294.33 Donation £200.00 Total £38,982.19 Total £20,927.23 Excess of income over ex endlture £18,054.96 Closin Balance £69,578.04 Accounts examined b A&K A55ociates Ltd, 15 The Green, Ketton, Stamford PE9 3RA 11 May 2021
THE WHITE BREAD TRUST Financial Statements For the Year ended 31 March 2021 Examined by: A & K ASSOCIATES LTD AccounLanLs 15 The Green Ketton stamford PE9 3F
REPORT OF THE INDEPENDENT EXKYINER For the Year ended 31 March 2021 We approve these accounts and confirm that we have made available all I'elevant iecoids and informaLion foi Lheir p-eparation 'orninated Trustee !i..rt 2021 We have prepared the annexed Balance SheeL and Income and Expenditure Account, wh.ich we certi fy to be i.n accordance with the books, records and inforrnaknion supplied to us by The t4hite Bread Trust. 15 The Green Ketton Starnford PE9 3RA Kate Rogers EY4AAT A s K Associates Accountants Dated: 11 May 2021 Page I
THE WHITE BREAD TRUST BALANCE SHEET AS AT 31 MARCH 2Q21 ?.021 ASSETS EMPLOYED Cash at CAF Bank Current Account 32, 923.57 Nationwide 36, 654.47 69, 578.04 £69,578.04 REPRESENTED BV Punds at l April 2020 Excess Income. over Expenditure 51,523.08 18,054.96 Fund at 31 March 2021 £69, 578.04 Page 2
THE WHITE BREAD TRUST INCOMts AbD EXPVNBITURE ACCOUNT FOR TrH- YEAR ENEED 31 YARCki 2C21 2C21 INCOME Teakettle Farrn Rent Donations Interest: Nationwide 38, 760.00 200.00 38,982 19 EXPF.NDITURE Awards KeLLon Green Spaces Bereavement Help Point ' st Ketton Guides Kptton Methodist Church Ketton Tenni5 Club 342.60 500.00 600.00 2,000.00 906.00 Individuals 4.908.30 Ketton Scouts Ketton Together Covid Ketton Panthers 705.00 I,iii 00 12, 632.90 Ex enses Vianagement Rental Fees Insurance Bank Charges Accountar.cy Charges Legal Fees Ketton Farish Council 3,488.40 803.43 72.50 210.00 3.360.00 300.00 8,294.33 20,927.23 EXCESS OF INCObLY OVER EXPENDITURE £18,054.96 Page 3
adTru clo Th• Parish Office. Stocks Hill Lane. Ketton, Stsmford, PE9 mv Charities CoMmi10n number 219164.. The Town Estote (otherwlse The Town Land and WhltebreadAllotJnent) known locally us Ihe WhitEbread Charity 41 Trust assets At 31 March 2021. the trust had cash assets of £69,57812020- £51,523) with no liabilities. The trust also owns outright Tea Kettle Farm, comprising 172 acres of arable familand in Cambridgeshire. Income Total income for the yeèr was £38,98212020- £29,812). Thls came from two sources . Tea Kettle Farm rent £38,76012020 - £29,604) Donation5 £20012020- £NIL) Bank interest £2212020 - £2081 Ex enditure Totsl expendlture for the year was £20.92712020- £19,187) Thls Is analysed as . Total expense5 £8,29412020- £5,942) '. comprlsing laTrJ agents fees, audlt Costs. trustee insurarKe premiums, legal fees, bank account fees, and Ketton Parish Council admin fee. Total award5 £12,63312020- £13,245) comprfsing . Awards to Indlvlduals £4,90812020 - £4.3171 There were awards to universlty students. awards for h58her education, and award5 to people of the vSllage for sportln8. muslcal. and adventure training activitie& Awards to organisations £7.72512020- £10.4081 The village organisations supported were the Ketton Panthers, Ketton Methodlst Church, Ketton Green Spaces, Bereavement Help* Guide5, the Scout Group. the Tennis Club, and Ketton Together Ire Covid 191. Glenis Southern Chairman May 2021
Charit Number." 219164 enin Balance £51,523.08 Income Teakettle Fam Rent £38,760.00 1 Awards £12,632.9) Bank Interest £22.19 Expenses £8,294.33 Donation £200.00 Total £38,982.19 Total £20,927.23 Excess of income over ex endlture £18,054.96 Closin Balance £69,578.04 Accounts examined b A&K A55ociates Ltd, 15 The Green, Ketton, Stamford PE9 3RA 11 May 2021