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2021-03-31-accounts

WARD BLENKINSOP TRUST

CHARITABLE NUMBER: 265449

Annual Report for the year to 31 March 2021

The Ward Blenkinsop Trust was set up by a Trust Deed dated 24 August 1972. The Trust Fund consisted of shares in Ward Blenkinsop & Co Ltd. a Private Limited Company. In 1981 the Company was taken over by Shell Chemicals. The amount received by the Trust for its shares in the company amounted to £900,000.00, which was invested through Coutts & Co, and the Trust receives the income from those investments. The Market Value of those investments at 31 March 2021 was £1,759,190.

The Trust Deed permits the Trustees to apply the income and/or any part of the Capital for such charitable purposes as the Trustees think fit. All requests for funds are reviewed by the Trustees.

At 31 March 2021 the Trust Fund consisted of the market value of the investments £1,759,190 (as above) plus the bank balance per the accounts of £104,606.98.

There are no accruals of either income or of expenditure.

CHARITABLE NUMBER: 265449

WARD BLENKINSOP TRUST

STATEMENT OF ACCOUNT FOR THE YEAR ENDING 31 MARCH 2021

  1. Particulars of Trustees as at end of financial year
2.
(a)
(d)
(a)
(b)
Name
Address
FA Stormer FCA
Rookery Farm House, Rookery Lane, Sidlesham, PO20 7ND
SJ Blenkinsop MA
55 Barretts Grove, London, N16 8AP
CA Westgate
23 Westmoreland Road, London SW13 9RZ
HE Millin
Church Farm, High Street, Mawdesley, Ormskirk, Lancs. L40 3TD
MO Blenkinsop
22 Linden Park, Manchester, M19 2PW
INCOME AND EXPENDITURE
Balance in hand brought forward from previous year
22,358.28
INCOME
Interest and dividends from investments received net
30,100.20
Transfer from capital account
100,000.00
Total Receipts
130,100.20
EXPENDITURE
Administrative Costs
Accountancy/secretarial fees
12,500.00
Expenses – Printing, postage, etc
352.50
For the purposes of the Charity
Grants to Charitable Organisations
35,000.00
Total Payments
47,852.50
Cash Balance at end of year
104,605.98

ASSETS OF THE CHARITY

The original sum of £900,000 invested through Coutts & Co in 1981 (market value at 31 March 2021 £1,759,190) after £9,674 paid to Coutts & Co as Management Fee during the year.

Cash at the bank amounted to £104,605.98 at 31 March 2021.

6. TRUSTEES’ CERTIFICATE

Signed:

On behalf of the Trustees

Date

7. INDEPENDENT EXAMINER’S REPORT

Signature of examiner

Date

This Statement of Account is forwarded by

Frances Stormer Rookery Farm House Rookery Lane Sidlesham West Sussex PO20 7ND