## **LADY ELLERKER’S** 

# **LAND TRUST** 

## **Registered Charity No. 224787** 

## **TRUSTEES’ REPORT & ANNUAL FINANCIAL STATEMENTS** 

**YEAR ENDED 31st MARCH 2025** 



## **REPORT OF THE TRUSTEES OF LADY ELLERKER`S LAND TRUST** 

## **FOR THE YEAR 31st MARCH 2025** 

## **INTRODUCTION** 

The Charity is regulated by a Scheme, which was approved by the Commissioners on 7th April 1986 founded by an inclusive award dated 22nd December 1779. 

The Registered Acdress is 22 Castell Crescent, Doncaster, South Yorkshire, DN4 6LG 

## **THE OBJECT & ACTIVITIES OF THE CHARITY** 

The object of the Charity is to apply the income of the Charity in assisting, either generally or individually, persons resident in the area of the Ancient Parish of Cantley who are in conditions of  need, hardship or distress.  Restrictions apply to the relief of rates, taxes or other public funds and repeated relief in any case. 

## **THE TRUSTEES** 

The Charity is administered and managed by a body of Trustees of the Charity. When complete the body consists of:- 

- Three nominated Trustees by Cantley with Branton Parish Council 

- 

   - Two nominated Trustees by City of Doncaster Council 

- 

- Two Co-optative Trustees. 

## **Trustees as at 31[st] March 2025** 

Mr B Fox    Chair 

Mr I Smith 

Mrs Y Butterworth 

Mrs V Dobson 

Mr J Finegold 

Mr C Watson 

Mr R Huggins wef July 2024 



## **RELEVANT ORGANISATIONS** 

Bankers: The Co-operative Bank 

31 St Sepulchre Street, Doncaster DN1 1TD 

Investment Managers: Investec Wealth & Investments Ltd 

Beech House 

61 Napier Street Sheffield S11 8HA 

Independent Examiner:  Mr G Newbould ACIB 

Manor House Farm, The Green, Finningley, 

Doncaster, DN9 3BP 

## **Client Support** 

Publicity for the Trust Is delivered through the establishment of a website, Facebook and printed literature placed in libraries etc. 

During the year to 31[st] March 2025 the Trustees met 12 times and made grants to 20 clients in the area 

The average grant was £847.  In the year to 31[st] March 2025 the grants decreased from £19,625 to £16,939 compared to the previous year. 

## **Investment Criteria** 

The Investment objective is to provide, from the capital, sufficient interest for further investment and meet the annual expenditure required to assist those in need. 

An Investment Manager from Investec presented updates on the investments on three occasions throughout the year, in addition a qualified auditor, who is appointed as independent examiner, reported on the accounts. 



## **FINANCIAL REVIEW** 

The Receipts and Payments and Statement of Assets and Liabilities for the year ended 31[st] March 2025 detail the source, application and movement of the Charity’s funds. 

These accounts now differentiate between support for Clients and the purchase and sale of assets within the Investment in order to provide greater clarity in both areas. The Statement of Assets and Liabilities also details the current value of the investment (as at the Year End) rather than a Book Cost figure. 

Income from the Investment over the year was generally static although a reduction in grants to Clients resulted in surplus income of £5,597 (£562 in 2024) 

Fund movements for the year were high with both purchases and sales of assets within the investment surpassing last year’s figures. The majority of this movement was in Quarter 4 2024 due to a number of factors including the change of President in the United States which resulted in significant volatility in the World Markets. 

CHAIR:  Mr B Fox 

........................................................... 

APPROVED BY THE TRUSTEES ON:  ........................................................... 



## **LADY ELLEKER'S LAND TRUST** 

## **RECEIPTS & PAYMENTS ACCOUNT** 

||**2025**||**2024**||
|---|---|---|---|---|
|Fund Withdrawals and Interest|£33,695||£33,590||
|Rent|£800||£800||
|Total receipts||£34,495||£34,390|
|**Payments**|||||
|Grants to Clients|£16,939||£19,625||
|Clerks Salary & expenses|£9,330||£11,698||
|Hall Hire|£480||||
|Stationary|£154||||
|IT Costs|£100||||
|Trustees expenses, insurance etc.|£1,385||£1,805||
|Independent examiner|£500||£700||
|Bank Charges|£11||||
|Total Payments||£28,898||£33,828|
|**Surplus/Deficit on trading activities**||£5,597||£562|
|**Investment Management**|||||
|Book Cost as at 31 March 2024|£847,582||||
|Book Cost as at 31 March 2025|£1,095,115||||
|**Fund Movements**|||||
|Purchase of Investments|£880,788||||
|Sale of investments|£905,696||||
|Fund Withdrawals (as above)|£33,695||||
|Management Fees|£9,475||||





## **LADY ELLEKER'S LAND TRUST** 

## **STATEMENT OF ASSETS & LIABILITIES AS AT 31[st] MARCH 2025** 

||2025|2024|
|---|---|---|
|**FIXED ASSETS**|||
|Land|£3,000|£3,000|
|Investments|£1,057,810|£1,058,755|
|**CURRENT ASSETS**|||
|Cash at Bank|£14,196|£8,887|
|Cash at Asset Management Company|£10,452|£4,663|
|Cash in hand|£1|£1|
|Debtors|||
|**CURRENT LIABILITIES**|||
|Creditors|£500|£500|
|Note|||
|Investment valuations above reflect the Market Value|||
|(not Book Cost) as at 31st March|||





## **TRUSTEES OF LADY ELLERKER ’S LAND TRUST** 

## **Roles and Responsibilities** 

The Charity’s trustees are responsible for the preparation of the accounts and consider that the audit requirement of section 144 of the Charities Act 2011 (‘the Act’) does not apply, therefore an independent examination is required. 

The Independent Examiner is responsible for examining the accounts and state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act, whether particular matters are of concern. 

## **Basis of examiner’s statement** 

The examination was carried out in accordance with the General Directions given by the Charity Commissioners.  The examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.  It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees and/or Clerk concerning any such matters. 

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is expressed on the view given by the accounts and the report is limited to those matters set out in the statement below. 

## **Independent examiner’s statement** 

In connection with the examination, no matter has come to attention that is of concern. 

- Appropriate accounting records are kept in accordance with section 130 of the Act; 

- The accounts presented accord with the accounting records and comply with the accounting requirements of the Charities Act 

Graham Newbould ACIB 

Manor House Farm, The Green, Finningley, Doncaster,  DN9 3BP 

Signed  ..…….…………………………………