THOMPSON PRITCHARD TRUST REGISTERED CHARITY NUMBER 234601 STA TEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 WR PARTNERS CHARTERED ACCOUNTANTS BELMONT HOUSE SHREWSBURY BUSINESS PARK SHREWS8URY SHROPSHIRE SY2 6LG
INDEPENDENT EXAMINER'S REPORT ON THE UNAUDITED ACCOUNTS OF THOMPSON PRITCHARD TRUST FOR THE YEAR ENDED 31 DECEMBER 2023 Indgpandgnt oxamlner'8 report to the Trustee8 of Thompson Pritchard Trust I'the Charlty,) l port to the charity Trustees ort my examination of the aonts of the Charity for the year ended 31 December 2023 which are set out on pages 1 10 6. This report is made solely lo the charity's Trustees. as a body, in accordance with section 145 of the ehanties act 2011 and regulations made under section 154 of that Ad. My work has been undertaken so that I might stste to the charity's Trustees those malleTS l am required to state to them in an independent examinerfs report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone otherthan the charity 8fKI the chafity's tfustees as a body for mywork or for this report. Re8ponsibllity and basis of rgport As the Trustees oflhe Charity you are Trsponsible forlhe preparation of the accounts in accordance with the requicemenls of the Charities kl 2011 {'the 2011 ACVI. I report in respect of my examination of the Charity's accounts carried out under sect 145 of the 2011 Act and In carrying out my examination I have followed the applicable Directions given by the Charity Commission Under section 14515llbl of the 2011 Act. Independent examiner's statement I have completed my examin8tion. I confirm that no matters have come lo my attention in (tsnnection with the examination giving me cause to believe that in any material fespect.. accounting recordswere not kept in resped ofthe Chafity as required by seclKJn 130 of the 2011 Ael", or the accounts do not accord with those records", or the accounts do not comply with the applicable requirements concerning Ihefom and ontenl of accounts setout in the Charities (Accounts and Rewrts} Regulations2008 other than any requirement that the accounts give a'lrue and fairf view which is not a matter considered as part of an independent examination. I have no concems and have come across no other n)atters in connection with the examination lo which allenlion should be drawn in this report in order lo enable a proper understsnding of the accounts lo be reached Tim Lunt WR Partnern Chartered Accountants Belmont House Shrewsbury Business Park Shrewsbury SY2 6LG BA FCCA MRPI Oaled 1110712024
THOMPSON PRITC TR TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMB R 2023 CHARITY REGISTERED NUMBER 234601 TRUSTEES Mr8 E Kidson (ChaiNan) Dr J Beach Mr l F Davies {Treasurer} (Re$ed in Year) Dr L Hill (Resigned in Yearl Mrs J Williams (Vice Chaimanl Dr N O'connor (Resigned in Yearl Mrs L Gill Dr S Sutton Dr D Northern (Joint Secretsryl Dr P Bottomley (Joint Secretary) Mr D Stacey Dr E Nolan (Appointed in Yearl Mrs S Clesham {Appointed in Year) ACCOUNTANTS WR Partners Belmont House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG SOLICITO Vvace Morgan 21 Sl Mary's Street Shrewsbury Shropshire ANK CAF Bank ADDRESS FOR CORRESPONDENCE Dr D Northem 8 Woodhouse Lane Prior$lee Telford TF2 9SX Page 1
THOMPSON PRITCHARD TRU TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 20 STRUCTURE GOVERNANCE & MANAGEMENT a} Con$titutlon The Thompson Prilchard Trustwas constituted by a Trust Deed dated 6 April 1939, founded bythewllol Annie Louise Pritchard and comprised in a scheme dated 12 October 1956. The Charity's registered number is 234601. b) Method of appointment of Trustèè$ TnJslee¥ are appointed by the Comm5ttee attheAnnual Meeting each year. Trustees can be co-opted at any lime during the year. cl Risk management The Trustees have assessed the major risk5 to which the charity is exposed and are satisfied that systems are in place to mrtigate the exposure lo the major risks. The Trustees consider the charity to be well FQSitioned lo manage the current sstuation and secure operations into the future. Page 2
THOMPSON PRITCHARD TRU RU TEE ' REPORT FOR THE YEAR ENDED 31 DECEMB R20 OBJECTIVES & ACTIVITIES a) Policte$ and objKtivos To apply the income thereof in or towards providing convalesnI treatment for poor patients on their being discharged from the Royal ShW$bUry Infirmary orforotherpersons in any Convalescent Homelor the lime being provided by the Trustees or in 8ny Institution which provides convalescent treatment for pwr persons as the said Tnjslees shall in their discretion think fit. In so faf as the Tnjstees are unable lo apply the clear income forthis purpose they may apply the same as they think fil for the benefit of eilherlhe sick poor of Shropshire ggnerolly or of such sick poor persons resident Ihefein as they select and in particular but wilhoul prejudice to the generality of the foregoing in one or more of the following ways: The supply of bedding. comforts. food fuel and medical and other aids. Grants for the benefits of persons who are sick, infimi. convalescent or in need of rest or change of air lo defray the expenses of recuperative holidays or of obtsining domestic help. The donation of money in aid of the funds of any C£Jnvalescent home or other institution or organisation estsblished or to be estsblished for the re and relief of siek persons upon the termswhich will ensure that the benefrt of the institution or organisation are available for the ck poor of Shropshire. bl Activltles for achieving obloctives The Charity Is listed in relevant charity directories and the information kept L¢P lo dale. Many applications are made by way of information from the directories. The secretaries regularly infomi and remind relevant agencies {Citizens' Acknce, Doclofs, surgeries, bcal hospitals, hospices) in Shropshire and Telford and Wrekin of the Charity's existence and ils objectives. Trustees bllng to the Charity's notits eases from their own areas, both geographical and professional. All areas of the county are covered geographically. Professional expertise comes from the Church, the County Council, the medical profession as well as members of the general public. en a sigrFificant donation is receiv1 or made press coverage is tsken in the Icvl papers. In shaping the objectives and planning the activities for the year, the Trustees have considered the Charity Commission'$ Guidan on Public Benefit. Page 3
THOMPSON PRITCHARD TRUST RUSTE S. REPORT FOR THE YEAR DED3 DE EMB R 2023 ACHIEVEMENTS & PERFORMANC al Roviow of activtties The Trust has continued lo make ils existence known by developing contacts with agencies and ca services aware of people in need of help. Details of the charity are induded in publicats'ons of charitable Irusls. The Secretaries, linkswilh the medical profession are invaluable and they are able to liaise closely with GPS and a$slationS such as Nurses Leagues. All applications for help are carefully investigated and S¢feenod. Tmstees making persona1 assessment visits and submitting confiden1181 reports as the need anses. Those applications that do not fill the criteria are refused. Sorne are referred lo other Charitable Trusts. FINANCIAL REVIEW a) Rosorvgs polÉ¢y The Trustees invest ieseNes not required forshort term purposes to producefurther investment income. This is the charty's main source of income. Four Custodian Trustees are appointed lo review the Charity's investments tsvice yeady and they port back to the Committee of Trustees. The inves*menls are managed by $lockbrokers and are held in Chantable Funds. The fe resetves of the charity at 31¥t December2023 were £53,433 {2022'. £57,222). These are the nel cash assets of the charity at the end of the financial year. b) Grant maklng pollcy The Charity irsviles 8pplicationg in accordancewith Its objects bywriting to the Secretsries. Grants of less than £600 may agreed by the Chairman and grants over £600 are ratified by the Committee of Trustees. 133 minor grants were made in the year. Signgd on bphalf of the Tru8ts0s by Mrn E Kldson Chairman Page 4
THOMPSON PRITCHARD TRUST RECEIPTS AND PAYMENT ACC UNTS FOR THE YEAR ENDED 31 D CEMBER 2 Unrestrictod Funds 2023 2022 R?pts Dividends Interest 31,617 2,261 30,049 843 33,879 30,892 Othgr Receipts Portfolio Movement 15,115 33,879 46.007 Payments Grants Governance Portfolio Movement 34.472 2.740 456 46,181 4.078 37,609 50,259 Net R8coipt81lPaymènt81 13,7291 {4,2521 Cash Funds last year end 57,222 61,474 Cash Funds this yearend 53.433 57,222 Page S
THOMPSON PRITCHARD TRUST RECEIPTS AND PAYMENTS ACC NT R THE YEAR E DE 1 DECEMBER 2023 2023 2022 Cash FuTrd8 Share of Cafcash Account Harris Allday Eamings Account Harris Alday Oeposil Account 29,318 8,769 15,346 36,600 5,133 15,489 Total Ca$h Fund$ 53,433 57,222 Investmonts Market Value 2023 Market Value 2022 Cost Portfol with EFG Harris Allday 656,748 819,424 799,268 Slgnod on bohalf of the Trustees by E Kidson Chainnan Dats........ Page 8