## **M A C F A R L A N E W A L K E R T R U S T** Trustees: **D F WALKER C J S WALKER** Hon. Secretary: **Miss Sophie Walker 4 Shooters Hill Road Blackheath London SE3 7BD** ## **TRUSTEES’ REPORT ON THE YEAR 6 APRIL 2023 – 5 APRIL 2024** ## 1 FOUNDATION OF THE TRUST The Macfarlane Walker Trust was founded in 1963 by James Macfarlane Walker of Cheltenham, Glos for general charitable purposes and in particular for provision of facilities for recreation and social welfare in Gloucestershire; the relief of poverty and hardship among employees and former employees of Walker Crosweller & Co Ltd; the provision of educational facilities particularly in scientific research; and the encouragement of music, drama and the fine arts. ## 2 GRANTS AND DONATIONS A list of donations is included in the accounts. Total donations were £49,510. The Trustees continued their support for charitable activity in Gloucestershire, contributions to music students for instrument purchase and donating monies to causes where the Trust’s contribution will make a significant difference to the recipient. ## 3 FINANCE The Trust’s investment funds are invested in M&G Charifund units. The Trustees do not solicit funds from the public or other sources. ## 5 MANAGEMENT The Trustees during 2023-24 were: David Walker, a retired economist and grandson of the founder of the Trust. Catherine Walker, a public relations executive and great granddaughter of the founder of the Trust. Sophie Walker, daughter of David Walker, acted as Hon Secretary during the year. Accounts were produced on behalf of the Trustees by Raymond Carter & Co, Chartered Accountants. **REGISTERED CHARITY NUMBER 227890** THE MACFARLANE WALKER TRUST REGISTERED CHARITY NO: 227890 REPORT FOR THE YEAR ENDED 5 APRiL 2024 THE MACFARLANE WALKER TRUST STATEMENT OF TRUSTEES RESPONSIBILITIES Charity law requires the Tnjstees lo prepare financial statements for each financial year which give a true and fair wew of the stale of affairs of the Charity and of the surplus or deficf( of the Charity for that period. In preparing those financial slatemenls. the Trustees are required lo select suitable accounting policies and then apply them consistently., make judgements and estimates that are reasonable and prudent,. prepare the financi81 slalemenls on a going concern basis unless it is inappropriate to assume that the Charity will continue in 8xisten¢e. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any time the financial position of the Charity. They are also responsible for safeguarding the assets of the Charity and hencè for taking reasonable steps for the prevention and detection of fraud and other irregularities. DOC￿1gn Envebpp ID.. 4E8A777&0A314352-870C-eFA13BF095A7 THE MACFARLANE WALKER TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES We report on the accounts of the Trust for the year ended 5 April 2024, which are set out on pages 3 to 6. Respective ￿sponSibl11t1eS of trustees and examlner The charitys Iruslees are responsible for the preparation of the accounts. The ch8riVs trustees consider that an audit is not required for this year lunder Section 144 of the Charities Act 20111'lhe 2011 Act'll and that an independent examination is needed. It is our responsibility to examine the accounts (under Section 145 of the 2011 Acll.. to following the pro￿ureS laid down in the General Directions given bythe Chartty Commissioners (under Section 145{5llb) of the 2011 Act), and lo slate whether particular matters have come to our attention. Basis of independent examinerfs report Our examination was earried out in accordan￿ with the General Directions given by the Charity Commissioners. An examination includes a review of the a￿oUntIng records kept by the charty and a comparison of the accounts p￿Sented with those records. 11 also incluLles consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Iruslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audrt, and consequently we do not express an audit opinion on the view given by the accounts. Independent examiner's statemgnt In connection with our examination, no matter has come to our attention.. 11) which gives us reasonable cause to believe that in any material respect the requirements lo keep accourbting records in accordance wf(h Section 130 of the 2011 Ad., and to prepare accounts which accord wrth the accounting records and comply wrth the accounting requirements of the 2011 Act have not been met" or 121 to which, in our opinion, attention shoukd be drawn in order to enable a proper understanding of the accounts lo be reached. Neil Carter FCA for Ray7nond Carter& Co Chartered Accountants Dartmouth, Devon Date.. 9 September 2024 Dovjsign Envèlope ID.. 4E8A77794JA314352-870C-8FA13BF095A7 THE MACFARL4NE WALKER TRUST INCOME ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 2024 2023 Dividends and interest received 46,155.51 44,813.78 Bank deposit interest Less.. expenses Bank charges Trustees adminislralion expenses Accountancy fees 60.00 1,200.00 300.00 1,200.00 300.00 -1,560.00 -1,560.00 Nel income for year £44,595.51 £43,253 78 The accounts were approved by the Trustees on 9 September 2024 and signed on their behaw by- SIFnid by-. 765CF9F971224FE. DAVID F WALKER Trustee THE MACFARLANE WALKER TRUST BALANCE SHEET AT S APRIL 2024 2024 2023 Investments At book value 653.003.00 653,003.00 fMart(et V81ue at£14.5899) £783,028 £799,134 Balance at bank CUr￿n1 Account {HSBCI 18,587.89 18,402.38 Amounts Payable Within One Year Grants AnnOun￿d bul not paid -5,100.00 £666,490.89 £671,405.38 Capital account At 5 April 2023 671,405.38 666.814.60 671,405.38 666,814.60 Income for year 44,595.51 43,253 78 716,OL70.89 710,068.38 Less.. Donations made 49,510.00 -38,663.00 £666,490.89 £671,405.38 THE MACFARLANE WALKER TRUST DONATIONS- YEAR ENDED 5 APRIL 2024 £4,000 Sl Martin-ln-the-fields 4,000 £3,000 ENO 3.000 £2,000 Barn Theatre Gloucestershiie So Alexander Franklin- Oboe Leah Hallinon - Flute Hannah Gillingham Allo flute 10,000 £1,500 Beloved British Wireless for the Blind Changing Tunes Chellenham Housing Cirencesler HSG YP Cotswold RDA Dressability IT Schools Africa Living Paintings Mothers for Mothers Nightline Association Period Friendly PL Prodigal Arts Resolve West Root & Branch Support Through Court Young & Free The Sofa Project stroud Beresford Limf(ed SlreetDoctors Ltd 30,000 £1,000 CKSCWC 1,000 £600 Luke Nguyen 600 £500 Michelle Hromin - Clarinet case 500 £250 Peter Bailey 250 £160 lan McLaughlin for flute repair 160 49,510 THE MACFARLANE WALKER TRUST REGISTERED CHARITY NO: 227890 REPORT FOR THE YEAR ENDED 5 APRiL 2024 THE MACFARLANE WALKER TRUST STATEMENT OF TRUSTEES RESPONSIBILITIES Charity law requires the Tnjstees lo prepare financial statements for each financial year which give a true and fair wew of the stale of affairs of the Charity and of the surplus or deficf( of the Charity for that period. In preparing those financial slatemenls. the Trustees are required lo select suitable accounting policies and then apply them consistently., make judgements and estimates that are reasonable and prudent,. prepare the financi81 slalemenls on a going concern basis unless it is inappropriate to assume that the Charity will continue in 8xisten¢e. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any time the financial position of the Charity. They are also responsible for safeguarding the assets of the Charity and hencè for taking reasonable steps for the prevention and detection of fraud and other irregularities. DOC￿1gn Envebpp ID.. 4E8A777&0A314352-870C-eFA13BF095A7 THE MACFARLANE WALKER TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES We report on the accounts of the Trust for the year ended 5 April 2024, which are set out on pages 3 to 6. Respective ￿sponSibl11t1eS of trustees and examlner The charitys Iruslees are responsible for the preparation of the accounts. The ch8riVs trustees consider that an audit is not required for this year lunder Section 144 of the Charities Act 20111'lhe 2011 Act'll and that an independent examination is needed. It is our responsibility to examine the accounts (under Section 145 of the 2011 Acll.. to following the pro￿ureS laid down in the General Directions given bythe Chartty Commissioners (under Section 145{5llb) of the 2011 Act), and lo slate whether particular matters have come to our attention. Basis of independent examinerfs report Our examination was earried out in accordan￿ with the General Directions given by the Charity Commissioners. An examination includes a review of the a￿oUntIng records kept by the charty and a comparison of the accounts p￿Sented with those records. 11 also incluLles consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Iruslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audrt, and consequently we do not express an audit opinion on the view given by the accounts. Independent examiner's statemgnt In connection with our examination, no matter has come to our attention.. 11) which gives us reasonable cause to believe that in any material respect the requirements lo keep accourbting records in accordance wf(h Section 130 of the 2011 Ad., and to prepare accounts which accord wrth the accounting records and comply wrth the accounting requirements of the 2011 Act have not been met" or 121 to which, in our opinion, attention shoukd be drawn in order to enable a proper understanding of the accounts lo be reached. Neil Carter FCA for Ray7nond Carter& Co Chartered Accountants Dartmouth, Devon Date.. 9 September 2024 Dovjsign Envèlope ID.. 4E8A77794JA314352-870C-8FA13BF095A7 THE MACFARL4NE WALKER TRUST INCOME ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 2024 2023 Dividends and interest received 46,155.51 44,813.78 Bank deposit interest Less.. expenses Bank charges Trustees adminislralion expenses Accountancy fees 60.00 1,200.00 300.00 1,200.00 300.00 -1,560.00 -1,560.00 Nel income for year £44,595.51 £43,253 78 The accounts were approved by the Trustees on 9 September 2024 and signed on their behaw by- SIFnid by-. 765CF9F971224FE. DAVID F WALKER Trustee THE MACFARLANE WALKER TRUST BALANCE SHEET AT S APRIL 2024 2024 2023 Investments At book value 653.003.00 653,003.00 fMart(et V81ue at£14.5899) £783,028 £799,134 Balance at bank CUr￿n1 Account {HSBCI 18,587.89 18,402.38 Amounts Payable Within One Year Grants AnnOun￿d bul not paid -5,100.00 £666,490.89 £671,405.38 Capital account At 5 April 2023 671,405.38 666.814.60 671,405.38 666,814.60 Income for year 44,595.51 43,253 78 716,OL70.89 710,068.38 Less.. Donations made 49,510.00 -38,663.00 £666,490.89 £671,405.38 THE MACFARLANE WALKER TRUST DONATIONS- YEAR ENDED 5 APRIL 2024 £4,000 Sl Martin-ln-the-fields 4,000 £3,000 ENO 3.000 £2,000 Barn Theatre Gloucestershiie So Alexander Franklin- Oboe Leah Hallinon - Flute Hannah Gillingham Allo flute 10,000 £1,500 Beloved British Wireless for the Blind Changing Tunes Chellenham Housing Cirencesler HSG YP Cotswold RDA Dressability IT Schools Africa Living Paintings Mothers for Mothers Nightline Association Period Friendly PL Prodigal Arts Resolve West Root & Branch Support Through Court Young & Free The Sofa Project stroud Beresford Limf(ed SlreetDoctors Ltd 30,000 £1,000 CKSCWC 1,000 £600 Luke Nguyen 600 £500 Michelle Hromin - Clarinet case 500 £250 Peter Bailey 250 £160 lan McLaughlin for flute repair 160 49,510