**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**
**----- Start of picture text -----**
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
**----- End of picture text -----**
## **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