THOMPSON PRITCHARD TRUST REGISTERED CHARITY NUMBER 234601 STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021 WR PARTNERS CHARTERED ACCOUNTANTS BELMONT HOUSE SHREWSBURY BUSINESS PARK SHREWSBURY SHROPSHIRE SY2 SLG
INDEPENDENT EXAMINER'S REPORT ON THE UNAUDITED ACCOUNTS OF THOMPSON PRITCHARD TRUST FOR THE YEAR ENDED 31 DECEMBER 2021 Independent Examiner's Report to the Trustees of I report on the financial statements of the charity for the year ended 31 December 2021 which are sel out on pages 1 10 6. This report is made solely to the charity's Trustees, as a body, in accordance with section 145 of Ihe Chaiities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that l rnighl state lo the charity'5 Trustees those matters l am required lo slate lo them in an Independent examiner's report and for no other purpose To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone other than the charity and the charity's Trustees as a body, lor my work or for this report. Responsibilities and basis of report As the Gharity's trustees you are responsible for the preparation of the accounts in accordan with the requirement5 of the Charities Act 2011 {'Ihe A,1. I rewrt in respect of my examination of the chaiity's accounts carried out under section 145 ofthe Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llb} of the Act. Independent exarniner's statement I have completed my examination. I confirm that no material matters have come lo rny attention in connection with the examination giving me cause lo believe that in any material respect. accounting records were not kept in respect of the charity as required by section 130 of the Act., or the accounts do not accord with those records. I have no concerns and have come acros5 no other mallers in connection with the examina110n lo which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Tim Lunt BA FCCA MIRPM WR Partners Chartered Accountants Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG Dated. 0110712022
ARD TR ST TRUSTEES, REPORT F R THE YEAR ENDED EC R 2021 CHARITY RE TEREO N TRUSTEES Mrs E Kid50n Ichairmanl Dr J Beach Miss S M Astbury Mr l F Davies ITrea5urerl Dr L Hill Mrs J Wlliams elice Chaiimanl Dr N O'connor Mrs L Gill Dr S Sutton Dr D Northern (Joint Secretary) Dr P Bottornley (Joint Secretary) Mr D Slacey The Mayor of Shrewsbury IHonoiary TTUSteel ACCOUNTANT WR Partners Belmont k*ouse Shrewsbury 8usiness Park Shrewsbury Shropshire SY2 6LG SOLICITORS Wace Moryan 21 St Mary's Street Shrewsbury Shiopshire CAF 8ank ADDRESS FOR 8 Woodhouse Lane Prioislee Telford TF2 9SX Page 1
al Conslttution The Thompson Pritchard Trustwas Gonstiluted by a Trust Deed dated 6 April 1939, founded by the Will of Annse Louise Pritchard and cornprised in a scheme dated 12 October 1956. The Charity's registered number Is 234601. bl Method of appolntrnen¢ ol Trustees Trustees are appointed by the Committee at the Annual Meeting each year Trustees can be cfyopted at any time dufing the year. cl Risk management The Tiustees have assessed the major r15ks to which the charity Is exposed and a satlsfied that 8ystetns are in place to miligate the exposure to the major risks. The Charity like the country, has been Impacted by the Covid-19 pandemic. The Trustees have assessed the potentia1 impact on the future operations of the charity. taking Into account rts underlying financial resources and strength. They have taken pioactive steps lo manage the financia1 consequences to help ease the Impact ofthe Coronavirus outbreak The Trustees consider the Charty to be well positioned to manage the current situation and secure operations into the future. Page 2
MPSON PRITCHARD TR TRUSTEES, REPORTFOR THE YEAR ENDED 31 DECEMBER 2021 OBJECTIVES & ACTIVITIES Bl Pollcies and objectives To apply the income thereof in or towards providin9 convalèsc&nt tr8alrnent lor poor patlents on their being discharged from the Royal Shrew5bury Infirmary ar for otherpeisons in any ConvakscÈnt Home for 1he time being provided by the Trustee5 or any Instrtution which provides convalescent treatment for poor persons as the said Trustees shall in their discretion think fil. In so lar as the Trustees are unable lo apply the clear income ft>r this putpose they may apply the same as they think f1t lor the benefit ol eilherthe 51ck poor of Shropshire generalty 01 of such Sick poor persons resident Iheiein as they seleet and in particular bul without prejudice to the generality of the foregoing in Dnè or more of the following w8yS". The 5uppty of bedding, comforts, food fuel and medical and other aids. Grants for the benefrls of peisons who are 51ck, infirm, convale5¢ent or in need of rest or change of air to defray the expenses of recuperative holidays or of obtaining domestic ttelp. The donation of money in aid ot the funds of any convalescent horne or other Instrtulion or organi58tion established or to be established for the care and ielief of sick persons upon the terms which will ensure that the benefitofthe institution or oiganisation are available forthe sick poor of Shropshire bl Actlvltles for a¢hievlng oblectlves The Charity is listed in relevant charity directories and the Information kept up to date. Many applicatlOn5 are made by way of Information from the directorie5. The seffetaries regularty inform and rertTindsrelevant agencies (Citizens, Advi, Doctors, surgeries, local hospitals. hDspicesl in Shiopshire and Telford and Wrekin of the Ch8rity's @xistence and its objectives. Trustee5 brin9 to the Charity's notice case5from their own areas, t)oth geographical and professional. All are8s of the county are coveied geographical. Professional expertlse cornes from the Church. the County Counul, the medlcal profession as well as metnbers of thg general public. When a significant donation is received or rnade press coveraga is laken in the loc81 papers. In shaping the objectives and planning the 8Ctivities for the year, the Trustee5 have Gonsidered the Charity Commission's Guidance on Public 8enefit. Pag• 3
TR TEES. E YEAR ENDE MBER 2021 AC VEMENT NC al Review of actlvities The TIu5t has continued to make its existence known by developing contacts with agencies and care services aware of people in need of help. Detai15 of the charity ale inclurled In publi¢alions of charitable trusts The secretaries, links wilh the medical profession are invaluable and they are able to liaise closely with GPS and associatlOn5 such as Nurses Leagues. All applications loi help are carefully investigated and screened, Trustees Tnaking personal assessment visits and submitting confidential reports 2$ the nèed arises. Those applications that do not fill the criteria ale iefused. Some are refeired lo other Charitable TIu5ts. al Rèsèrves policy The Trustees invest reserves not required for shortterm purposes lo produce further investment income This is tme ch8rity's main Sour of Incorne Four Custodian Tiuslees are appointed lo review the Charity's inveslments tW1ce yearly and they report back to the Committee of Trustees. The investments are managed by slo¢kbiokers and are held in Chaiitable Funds. The free reserve5 ofthe charity at 31 * December 2021 were £61.47412020." £54,2121. These arethe nel cash assets of the charity at the end of the financial year. bl Grant maklng policy The Charity invites applications in acCOrdanWith Its objects by writing tDthe Sècretaries. Grants of le5S than £500 may b& agreed by the Chairman and grants over £500 are ratified by ltte Committee of Trustees. 146 Minoi giants We made in the year Signed on behalf of the Trustees by Mrs E Kldson Chaiman Date....... Page 4
RECEIPTS AND PAYMENTS ACC UNTS FOR THE YE ED ER Unreslrlcted Funds 2021 2020 Receipts Dividends 50.751 13,712 626 Interest 51.396 14,338 Payments Grants Govemance 41,460 2.674 27,471 1,082 44,134 28,553 Net RecelptsllPaymentsl 7,262 114.2151 Cash Funds last year end 54,212 68.427 Cash Funds this year end 61,474 $4,212 Page 5
2021 2020 Cash Funds Share of Cafc8sh Account Harris Allday Eamings Account Ha1ri5 Allday Deposit Account 57.870 3,320 284 51,253 2.675 284 Total Cash Funds 61,474 54.212 Investments Market Value 2021 Market Value 2020 Cost Charity Equity Fixed Income Fund COIF Incorne Shares Charishare Income Fund Charity Equity Income Fund UK Treasury 1.8750/ 59,804 4,349 203,060 203,060 33,992 66,564 22.751 371,839 379,201 37.833 71.278 20.004 335.610 302,434 36,662 504,265 878.188 765.986 Signed on behalf of the Trustees by Mrs E Kidson Chaim)an Date...... 2022 Page 6