– GOWARD & EVANS CHARITIES Registered Number 253727
TRUSTEES ANNUAL REPORT 2020
- The Trustees met on 2 occasions during the year. September meeting was held remotely due to the Covid-19 pandemic.
2. Allocation of Income
– S.24(2) Relief in Need
In accordance with the Trust Deed, Soham United Charities received one-eighth of the income from the Goward Charity in the sum of £5,028.31 together with a copy of the Statement of Accounts.
11 various grants totalling £4,431.80 were made to individuals, families and situations in need from Lakenheath.
S.24(3)(a) Schools
Grants totalling £6,564 (£609 2019 budget) were awarded to Lakenheath Primary School in order to fund new books, and special ‘mini’ projects - including trips and visitors to school.
S.24(3)(c) Nursery Schools
A grant of £165.19 was awarded to a local nursery school to allow it to purchase much needed additional equipment.
– S.24(3)(di&ii) Education
Grants totalling £10,500 were made to a total of 15 Further/Higher Education students.
Grants totalling £2,800 were made to 8 students aged 16-18 years old.
6 other grants totalling £1,185 were awarded to young people under this sub-section.
2 grants totalling £525 were made to local groups/clubs towards their respective projects.
Laura Williams, Clerk to the Trustees – Goward & Evans Charities
GOWARD & EVANS CHARITIES
YEAR ENDED 31ST DECEMBER 2020
| INCOME Income from Investments Income from Bank Interest Rent of Land |
£ £32,429.45 £174.69 £950.00 £33,554.14 |
EXPENDITURE Relief in Need Education Administration |
£ £9,478.56 £22,112.19 £2,088.57 |
|---|---|---|---|
| £33,679.32 | |||
| TOTAL ASSETS | 2,091,446.43 £ |
DEPETr4DEhT AUDrtOR'S REPORT TO THE TRliSTEES OF THE GOWARD AND EVANS CHARITY W¢ have audited the Financial Statements of Goward and Evans Charity for the year ended l l. December 2020, which comprise of the Income and Expenditure Account and the Balance Sheet and Telated noieg. The.%e Financial .StstemeTBt.s have been Prepared in accordance with the accounting pollcies sel out th¢r¢in [and the requirements of the Financial Reporting Standard for Smaller Entities (Effective 2008)]. This report is made solely to the Charity's Tnees, as a body. in accordance '1th qection 145 of th¢ Charities Act 201 l and the regulations under section 145 of that Acl. Our audit work has been undertaken so th we might state to the charity'5 trustees those matters we are requir¢d to state to them in an auditor's rewrt and for no other PUTpose. To the fullest extent perniitted by law, we do not accept OF assume responsiTr)ilih" to anyone other than the chan.ty and its Iruslees as a bod}, for our audit work. for this report, or for the opinions we have fornied. Respectii'e responsibilities of trusteos and auditors The responsiTr>ilities of the trustees for preparing the Annual Report and the fmancial stalements in accordance with applicable laiv and United Kingdovn Accounting Standards (United Kingdom Generall) Accepted AccountiEig Practice) are set out in the Statement of Trustees. Responsibilities. We have been appointed as audilors undei section 145 of the Choriti¢s Act ?01 l and r¢port in accordance 1th regulations made under section 145 (5) (b) of the Act. O responsibtlity is to audit the fllwicial statements in accordance with relevant legal and regulatory requirements and International Standards on Auditing (UK and Ireland). We report to you our opinion as to whether the financial sL7tements give a trne and fair iew and are properly prepared in accordance to the s.130 of the Charities Act 2011. We also r¢port to you if, in our Opinio the Trustees, annual Report 15 not consistent with the financial statements. if the chariti, has not kept proper aUnting records. or if we have not received aIl the forntiOll alld explanations we require for OUT audit. Iwe read otheT information contained in the Annual Report and consid¢r wh¢ther it is consistent M.'ith the audited fm8n¢i21 statements. The other information comprises only I list all documents published with the fin8nciaI statements such as TDJstees' Annual RcpoQ Chairnian's Statement etc.}. We consider the implicatioas for our report if Hie become aware of any apparent rnisstaternents or material inconsistencies with the fmancial statements.] [We read the Trustees. Atmual Report and consider the implications for our r¢port if we become of any MISStateents within it.]
Basis of audit opinion We conducted our audit in accordance ivith International Standards on Auditing (UK and Ireland) issued by the Auditing Practice Board. An audit includes eLnInation. on a test basis. of eviden¢e relevant to the amowits and th"sclosures in the financial statements. It also includes an 8ss¢ssment of the sinnificant estimates aRd jud. eentS made bs, the truste¢s in the preparation of the finaF]cial statements and of whether the accounting poli¢i¢s arc appropriate to the ¢harity'S circuStanCes. consistently applied aud adequatel), disclosed. We planned and perforni¢d our audit so as to obtsin the inforn]ation and explanations wEu'ch we considered necessarir in order to provide us with sulficient evidence to give reasonable assurance that the financial statements are free from Jnaterial misstatemev]L whether caused by fraud or other irregularity or eOr. In forn]ing our opinion we also evaluated the overall adequacy of the presentats.on of information in the financial st2t¢m¢nts. [ We have undertaken the audit in a¢coTdance ivith th¢ requirements of APB Ethical Standards including APB Ethical Standard Proirysions Ai?ilable foi Sll]all Entiti¢s, in the circumstances set out in the financial stat¢ments.] Opinion In our opinion the financIal slatements: give a true and fair I'le,. in accordance iyith Unit¢d Kingdom Generally Accept¢d Accounknng Practice, of the state of tbe c]]ariti:'s affairs as at.31 December 2020 and of its itLcoming r¢sour¢es and application of resources. including its incotnc and cAycudittTre. for the thcTh en¢L(L' and hair been properly prepated in accordance with s 130 of the Charities ACÉ 2011 013 gkvts. J.D.H Accounting Servic¢s Ltd J5 Eriswcll Road IAkenheath Suffolk IP27 9AF j.H Accou SFJiFICL5LTJ) 3> R. Lnleath suffolk. IP279F ryiryRW5tratton tr&). 7132591