WHITEGATES CHILDREN'S TRUST
TRUSTEES, REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5TH APRIL 2024
REGISTERED CHARITY NO. 258653

WHITEGATES CHILDREN'S TRUST
CONTEP4TS
Page
Charlty Inform#tion
Trustees, Report
Independeiit Examin¢r's Report
St*tement of Flnmnelal Aetlvltles
Bhlttnee Shtet
Notes to the Finaneial Statements
Th¢ following page does not form parl of the stAlutory
FiMAneig1 Stgtem¢nl$
Oper81ing Account

WHITEGATE
HILD
CHARITY INFORMATION
HE YEAR ENDED 5TH APRIL 2024
TRUSTEES:
B J Tighe
D A Wootien
C S Wright
CHARITY NO:
258653
CORRESPONDEt+rr
ADDRESS:
21 Lugtrout LaD¢
Solihull
West Midland5
B912SB
INDEPENDENT
EXAMINERS:
R J Beresford
Charles Lovell & Co
Chanered Certified Accountants
Register¢d Auditors
8 Church Gre¢n East
R¢ddit¢h
Woirestershire
B98 8BP
BANKERS:
Barclays Bank plc
15 Colmore Row
Binningham
B3 2EP
Page I

EGATES CHILDREN'S TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5TH APRIL20
The t¥usiee$ present their report and financial statemenis for the year ended 5th April 2024.
STR
VERP4ANCE AND MANACEMENT
TRUSTEES
The trustecs named in the Charity Infomiation Report have serv¢d throughout the year except where
specified. Appointment of trustees is governed by ihe Tyusi Deed of the charity and by the scheme
approved by the Charity Commissioners for England and Wales dated 3rd May 2002.
The Board of Trustees 15 authorised to appoint new Èrustees to fill vacancies 8Tissng through
resignation oi. death of an existing trustee.
CONSTITUTION
The Whitegates Children's Tr￿st is constituted by the Trust Deed dated 27th FebTuary 1969 and
now governed by the scheme dated 3rd May 2002.
OBJECTIVES AND ACTIVITIES
OWEcfs AND POLICIES
The object5 of the charity are..
(l) Ihe relief of young persons, including former beneficiaries of Tutnall Children'5 Home, who
through poverty, deprivation OT abuse, are iii condiÉions of need. hardsliip oi. distlES5'.
(2) to promote the education of such young p¢rs(Trns in such ways as the trusiees shall think fit.
DELIVERING PUBLIC BENEFIT
The trustee5 liave complied with the duty in section 4 of the 2011 Charities Act to have due regard
to guidance published by the Chariry Commission, including public benefit guidance.
The charity provides grants to charities involved wi¢h children. The trustees consid¢r that these gTants
provide a public benefit.
ACHIEVEMENTS AND PERFORMANCE
DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS
The investment income received from investments and fix>m f￿ndS placed on deposit was used to
make grants to a number of ¢liarities involved wilh children. Further grants will be made in
the current year.
FINANCIAL REVIEW
INVESTMENT POWERS & POLICIES
The Trust Deed authorises ihe irusiees to make and hold investrnents authoTis¢d by law for
investmellt of Trust funds with power to vary such investments from time to time.
The Trustees in ¢onsultation with the charity's investment advi50r5 have a policy of SPTeading
investmen15 across a broad sector of the economy to reduce risk and obtain medium term gri)wth
and maintainable income.
Page 2

S CHILDREN.
TR
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5TH APRIL2024
conliiiued...
FINANCIAL RE4VIEW
RESERVES POLICY
The TTUStees have reviewed the reserve5 of the charity and these consist of the accumulated funds
carried forward at 31 st March 2003 following the closure of Tutnall Children's Home (Whiiegaies)
together with the sale proceeds of the property aiid irs contents. Capital gains on investments
are added to reserves as and when they arise. The reserves are held to produce income to be
used in the furtherance of the charity's objecis.
FINANCIAL REVIEW
Total income amounts 10 £56.111 (£58.812'. 2023). After deducting net management and adminisiration
expenses of £1,51 l and grants of £36.250 (£1.645 and £27.000'. 2023) a surplus of £18.350
(surplus of £30,167.. 20231 was added to the funds carried forward.
RISK MANAGEMENT
Th¢ Trustees have r¢vi¢wed th¢ major risk5 that th¢ charity fa¢es and confirm that Systems have
been establhshed to minimise th¢se TlSks.
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees are required under the Charities Act 2011 to prepare financial statements for each finan¢ial
year whicli give a true and fair view of the charity's financial activities during th¢ y¢ar and ol its
financial position a( tl)¢ end gf th¢ year (unl¢ss th¢ Charity 15 entitled to prepare accounts on the
alternative receipts and payment5 basis). In pr¢paring finan¢ial Statements giving a true and fair view.
the trustees should follow best prdctice and..
(a) select suitable accounting policies and apply thern con51Stently,'
(b) make judgements and esiimates thai are reasonable and pi'udent.,
(c} state whether applicable accounting standards and statements of reeommended practice have been
followed, subject to any departuies disclosed and explained in the financial statements;
Id) prepare the financial statements on a going concem basis unless it is inappropriate to presume that
Ihe charity will continue in operation.
The trtjstees are responsible for k¢eping accounting re¢ords which disc105e with Itasonable accuraey
the financial position of the charity and which enable them to ensure that the financial statements comply
with applicable law and regulations. They are also responsible for safeguarding the assets of the charity
and hence for taking re8sonable steps for the prevention and detection of fraud and other irregularities.
APPROVAL
The report was a
ed by the trustees on 31 st December 2024 and signed on their behalf.
oolten
Trustee
Page 3

WHI
TES CHILDREN'S TRUST
INDEPF,NDENT EXAMINCR'S REPORT TO
HE TRUSTEES
I report on ihe a¢eounts of the Charity for the year ended 5th April 2024, which ar¢ set out
on pages 5 to 8.
RESPECTIVE RESPONSIBILITIES OFTRUSTEES AND EXAMINER
The charity's trustees are responsible for the preparation of the account5. The charity's
trustees consider that an audit is not required for this year under section 144 of the
Charities Act 2011 {Ihe 2011 Act) and that an independent examination is requiird.
It is my responsibility to examine the accounts under section 145 of the 2011 Act, to follow
Ihe PTocedures laid down in the General Dire¢tlOll5 given by the Charity Commission under
section 145(51(bl of the 2011 Act and to stste whether particular matters have come lo my
attention.
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examinaiion was carried out in accordan¢¢ with the General Directions given by the
Chai'ity Commission. An examination includes a review of the accouniing records kept
by the Cliarity and a comparison of rhe account5 presented with those records. It also
includes consideration of any unusual iiems or disc105ures in the accounts, and the seeking
of explanation5 from you as trustees concerning any such matter5. Tl)e proceduiES
undei1aken do noi prOV￿de all the evid¢n¢e that would be required in an audit and,
consequently, no opinion is given a5 to whether the a¢¢ounls present a'true and fair view,
and the report Is limited to thos¢ matters set out in the statement below.
INDEPENDENT EXAMINER'S STATEMENT
It) connection with my examination, no matter has come to my attention-
l. Which gives me reasonable ¢ause to believe that in any material respect the requirements
to keep accounting Itcords in accordan¢¢ with s.130 of the Charities Aet 201 I.. and
to prepare acLounts which accoid with the accounting records and to comply with ihe
ac¢ounting requirements of the 2011 Act have not been met; or
2. To which. in my opinion, attention should be drawn in order to enabl¢ a proper
undersianding of the accounts to be reached.
R J Beresford
Charles Lovell & Co
Association of Chanered Certified Accollntsnts
Chart¢red Certified Accountants
Registered Auditors
8 Church Green East
Redditcl?
Worcestershire
Date- 17ih October 2024
B98 8BP
Page 4

WHITEGATES CHILDREN'S TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCORPORATING AN INCOME AND EXPENDITURE ACCOUN
FOR THE YEAR ENDED STH APRIL 2024
Note
Unrestricted Funds
year ended
05.04.23
year ended
05.04.24
Incoming resourees
In¢oniirtgie5011rcesfi-OFh geiieruledfiinds..
Investtnent income
Interest Tweivable
Investment income receivable
48
56,063
58,804
Total Ineomlng resources
58,812
Resources expended
Chai'iiable ￿liVi11e.%.'
Costs of aciivitieg in furtherance
of the charity's objects..
Mallagement & administration
- Grants
1,645
27,000
36,250
Total re$ource$ expended
37,761
28,645
Net In¢ome l (E%pendiluYe) for the year
18.350
30.167
Oth¢r recognis¢d (los$e8llg4ins
Gains und Ios.SES inveslJKenl assels
-IReduction) I gain in market valu¢ of
Enveslments as at 5th April 2024
Net movement In funds
(25,404)
(7,054)
(30,156)
Fund balallces brought forward
at 6th April 2023
1,752.855
1.752,844
Fund balanees ethrritd forward
At 5th April 2024
,745,801
1.752.855
All gains and losse5 recogni5ed in th¢ p¢riod are ijicluded above.
Page S

WHITEGATE
EN'S TRUST
BALANCE SHEET
T 5TH APRIL 2024
05.04.24
05.04.23
Note
Fixed asset$
Investments
1,433J21
1,458,725
Current assets
Cash at bank & in hand
315.120
296,770
Current liabtlities
Creditors {amount5 falling
due within one yeaTI
2.640
2,640
Total assets les5 eurrent 119bilitie$
312,480
294,130
Net assels
1,745,801
1,7.f2,855
Fund5
Unrestritted income fuiids
Accumulaied fund
1,745,801
1,752,855
Approved by the tru5tee5 on 17th O¢tober 2024 and signed on their beh21f by'.-
D A Wootten- Trustee
Page 6

WHITEGATES CHILDREN'S TRUST
NOTES TO THF. FINANCIAL STATF.MENTS
FOR THE YEAR ENDED 5TH APRIL2024
I. ACCOUNTING I)OLICIES
(8)B8sT$ of prepar4tlon
The financial statements of the Gharity, whicli is a public benefit entity under FRS 102. have been pr¢pared
in a¢coi'dance with the Charities SORP {FRS 1021 'Accounting and Reporting by ChAI'itÈes.' Statement of
Recommollded Practice applicable to charitics prepartng their account5 in accordance with the Financial
Reporting Standard applicable in the UK and Republic of IT¢land IFRS 102) l¢ffeciive l January),.
Financial Reportin¥ Standard 102 'The Financial Reporting Standard 8pplicable in the IJK and RepL5blic of
Ireland, and the Charities Act 2011. The finan¢ial $tal¢ments have been pj'epared under the historical cost
convention with the exception of investments which are included ai market value.
(b) Fund accounting
Genejxl funds ar¢ unrestricted funds which are available for use at the discretion of the trustees in
furtheT2nce of the general objeciives of the charty and which have not been designated for other
purposes.
Restricted funds are funds which are to b¢ used in accordance with the specifje restrictions imposed by
donoTS or which have been rassed by th¢ ¢haTity for particular purposes. The charity did not hold any
restrieted funds during the year.
{elDongtion$
Donations are crediied to ineome and expenditure accounts in the year in which th¢y are weiyed.
(d)Capit81 grants and legaeles
Capital grants and legacies receiv¢d ar¢ credited to the income and expenditure acwunt in the year in
which they air re¢eived.
{tl Ghin51{10sse5) on inVestme￿ts
Gainsl{losses) on inv¢stmenis are credited/(charged) to the SOFA in the period to which they relate.
2. TOTAL RESOURCES EXPENDED
05.04.24
05.04.23
Costs of ch%ritable 4¢tivities
{a) Care of ¢hildren'.
Grants made
36.250
27,000
(bl Management & administrdtion:
Bank & PTofesssonal Charges
Office expenses
1,376
135
1,645
1,645
TOTAL EXPENDITURE
37,761
28.645
3. STAFF COSTS
No trustee of Whitegates Children's Trust Te¢eived any emoluments duting the year12023.. £Nil). The
trustees neither received nor waived any emoluments during the year (2023.. £Nill and no out of
pocket expenses weTe reimbursed.
Page 7

WHITEGATES CHILDRFN'S TRUST
NOTES TO THE FINANCIAL STATEMENTS
RTHEY
AR ENDED 5TH APRIL 2023
4. FIXED ASSET INVESTMENTS
05.04.24
05.04.23
Market value at 6th April 2023
Net Ireductsonl l gain on revaluation at 5th April 2024
Capital ietuimed
1.458,725
{25,404)
,488,881
130,1561
Market value at 5th April 2024
1,433,321
1,4S8,725
Cost at 5th April 2024
762,907
762.907
S. CREDITORS {AMOUNTS FALLING DUE WITHIN ONE YEAR)
05.04.24
05.04.23
Accruals & deferred income
2,640
2,640
6. ACCUMULATED FUND
05.04.24
05.04.23
Balance at 6th April 2023
SuTpIu5 1 (Defkcitl for the year
Net unrealised (losses) I gains
1,752.855
18,350
{25,404)
1.752.844
30,167
(30,156)
Balance at 5th April 2024
1,745,801
1,752,855
Page 8

WHITEGATES CHILDREN'STRUST
PERATING ACCOUNT FOR THE YEAR ENDED 5TH APRIL2024
year ended
year ended
05.04.23
05.04.24
INCOME
Interest receivable
Investment income receivable
48
56.063
58,804
58,812
DEDUCT: OVERHEADS
Grants made..
BirmEngham Boys, & Girls, Union
Be Free
Childhood First
Christadelphian Meal A- Day Fund
Dodford Childi'erh's Holiday Farm
Deaf World
Eve Brook Scholarship Fund
Entrust
Hothouse
Lucy Faithful Foundation
NICE
The Christine Witcutt Memorial Fund
Ukraine Donation
Welcome
Weston Turville Wells for Tanzanta
Zone Youth
6.000
2.000
4,000
2,000
750
1.250
4.000
1,500
1,000
1,500
2,000
8,000
5,000
5,000
2,000
2,000
7,000
8,000
250
36,250
27.000
Independent Exaininer's Fe¢s
Bank & professional charges
Office expense5
1,320
56
135
1.320
325
37.761
28,645
IDEFICIT)ISURPLUS FOR THE YEAR
18.350
30,167
Page 9