Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 06 April 2020 To 05 April 2021
Reference and administration details
Charity name The Worshipful Company of Pewterers 500[th] Anniversary Trust
Other names charity is known by
Registered charity number (if any) 267420
Charity's principal address Pewterers Hall Oat Lane London EC2V 7DE
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Prof. S. Schorge | Chairman | WCOP | ||
| Prof. M. Hanna | WCOP | |||
| O.A.W. Lodge | WCOP | |||
| Prof. L Greensmith | WCOP | |||
| C. Robinson | WCOP | |||
| G. Githinji | WCOP | |||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
TAR
1
| Type of advisor Name Address |
Type of advisor Name Address |
Type of advisor Name Address |
|---|---|---|
| Investment Managers | Rathbones | 159 New Bond Street, London, W1S 2UD |
| Bankers | Coutts & Co | 440 Strand, London WC2R 0QS |
Name of chief executive or names of senior staff members (Optional information)
Structure, governance and management
Description of the charity’s trusts
Type of governing document
Trust Deed
- (eg. trust deed, constitution)
How the charity is constituted
Trust
- (eg. trust, association, company)
Trustee selection methods
Appointed by WC of Pewterers
(eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
-
Policies and procedures adopted for the induction and training of trustees.
-
The charity’s organisational structure and any wider network with which the charity works.
-
Relationship with any related parties.
-
Trustees’ consideration of major risks and the system and procedures to manage them.
Objectives and activities
Summary of the objects of the charity set out in its governing document
To fund medical research into the effects of metals, in particular, heavy metals, on the brain.
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2
The Trust supports the costs of a Research Fellow at the Institute of Neurology and sponsors a lecture every three years in a related subject.
Summary of the main activities in relation to these objects
Additional details of objectives and activities (Optional information)
You may choose to include further statements, where relevant, about:
-
Policy on grantmaking
-
Policy programme related investment
-
Contribution made by Volunteers
Achievements and performance
Summary of the main The continued sponsorship of a Research Fellow at the Institute of achievements of the charity Neurology during the year
Financial review
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3
Brief statement of the charity’s policy on reserves
The Trust endeavours to have sufficient reserves to enable the long term sponsorship of a research fellow at the Institute of Neurology
Details of any funds materially in deficit
Further financial review details (Optional information)
You may choose to include additional information, where relevant about:
-
The charity’s principal sources of funds (including any fundraising).
-
How expenditure has supported the key objectives of the charity.
-
Investment policy and objectives including any ethical investment policy adopted.
Other optional information
Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Full name(s) Stephanie Schorge Position (eg secretary, chair, Chairman etc)
Date 20th January 2022
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4
| Section A Receipts and payments | Section A Receipts and payments | Last year to the nearest £ 36,035 166 510 20,000 - - - - 56,711 - - - 56,711 65,000 750 492 . - - - - - 66,242 - - - 66,242 - 9,531 - 76,906 67,375 |
||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 26,121 19 510 20,000 - - - - 46,650 - - - 46,650 48,750 750 490 - - - - - - 49,990 - - - 49,990 - 3,340 - 67,375 64,035 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 26,121 19 510 20,000 - - - - 46,650 - - - 46,650 48,750 750 490 - - - - - - 49,990 - - - 49,990 - 3,340 |
||
| Investment Income | 26,121 | |||||
| Bank Deposit Interest | 19 | |||||
| Donations | 510 | |||||
| Seahorse Donation | 20,000 | |||||
| - | ||||||
| - | ||||||
| - | ||||||
| - | ||||||
| Sub total(Gross income for AR) |
46,650 |
|||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | ||||||
| Sub total | - | |||||
| Total receipts A3 Payments |
||||||
UCL Research Grant |
48,750 | |||||
| Accountancy/ Ind. Examination 2009/10 | 750 | |||||
| Bank Charges | 490 | |||||
| - | ||||||
| - | ||||||
| - | ||||||
| - | ||||||
| - | ||||||
| - | ||||||
| **Sub total ** | 49,990 | |||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | |||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - 3,340 | - | - | - 3,340 | - 9,531 | ||
| - | - | - | - | - | ||
| 67,375 | - | - | 67,375 | 76,906 | ||
| 64,035 | - | - | 64,035 | 67,375 |
CCXX R1 accounts (SS)
04/02/2022
1
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ Charity Name members of The Worshipful Company of Pewterers 500[th] Anniversary Trust
On accounts for the year 5[th] April 2021 Charity no 267420 ended (if any) Set out on pages One & Two
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 05 / 04 / 2020 .
- Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
- Please delete the words in the brackets if they do not apply.
Date: 20/01/2022 Signed: J.S.Dunley
Name: John Stuart Dunley
Relevant professional Fellow of the Chartered Institute of Management Accountants qualification(s) or body (if any):
Address: Brooks Green House, Brooks Green, West Sussex RH13 0JN
October 2018
1
IER
Section B Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
October 2018
2
IER