THE BISSILL CHARITABLE TRUST (CHARITY REGISTRATION NUMBER 271260} TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR TO 5TH APRIL 2024 CONTENTS Trustees annual report Receipts and payments a¢¢ounl Slalemenl ol asseis and liabilities Notes to the financial slalemenls Independent examiner's report Pkge 1 THE BISSILL CHARITABLE TRUST TRUSTEES ANNUAL REPORT REFERENCE AND ADMINISTRATIVE DEfAILS Charity registration number.. 271260 Correspondent- Peter Brinlon Williams Eslales Office Enville Nr Slourbridge Wesl Midlands DY7 5HD Governing inslrumenl-. Trust deed dated 16th March 1976 Trust88S'. Peter Brinlon Williams Alexandra Diana Williams Peter Henry Marsh Bankers.. Barclays Bank plc Slourbrldge Wesl Midlands Investment advisers.. Inveslec Wealth and Investment Limited 30 Gresham Street London EC2V 7QP Independent examiner.. KV Staley BS¢ FCA Geens Limited Graphic House 124 City Road Sloke-on-Trenl ST4 2PH THE BISSILL CHARITABLE TRUST Page 2 TRUSTEES ANNUAL REPORT ICONTINUEDI REVIEW OF THE YEAR.. The income ol the unrestricted fund for tha year was £28.284 {2023.. £20,636), Unreslriclel expenditure was £10,387 12023.. £5,290) resulting in 2 nel increase In reserves of £17,897 {2023'. increas8 of £15,346). OBJECTIVES AND ORGANISATION: The object of the charity, in accordance with the TTUSI Deed dated 16th March 1976 is to apply the income, or ￿n￿strICted capital. to charitable bodi85 or purposes al the discretion of the Truslees. The Trustees meèt from time lo lime lo consider applications for and distribution of donalions. FINANCIAL POSITION.. The Trustees consider (hal the overall linancial position is salisfaclory and are pleased lo report an increase in the amount of grants made lo Institutions. PUBLIC BENEFIT: The Trustees of the charity are aware of the Charity Gommisslon's guidance on public benefil and have had regard lo il in their adminislralion ol the charity POLICIES,. The Charity's inveslmenls have béen selected to provide a balance between growth and income as recommended by the investment advisers. The income reserves of the charity are reviewed regulady and are maintained lo retain a level of lunds available for urgent calls upon them and for identifiable future projects. TRUSTEES The power of appoinlmenl of new Iruslees is vested in the existing Iruslees subject lo the consent of the suNiving selllor, Mrs A D Wllllams. The Trustees, Annual Report and Financial Stalemenls were approved on 2ts1911 and signed on its behalf by P B WILLIAMS Truslèè THE BISSILL CHARITABLE TRUST Page 3 (CHARITY REGISTRATION NUMBER 2712601 RECEIPTS AND PAYMENTS ACCOUNT YEAR TO 5TH APRIL 2024 Endowmenl Fund 2024 2023 Unrestricted fund 2024 2023 Note Pagè RECEIPTS.. Income rèceipts.. Income from dÈpositS'. Bank interest Inel Brokers deposit inleresl Igrossl COIF Inte￿St 1,167 649 3.893 132 148 1,319 Income from quoted Investments.. Nel Income Total Income receipts 22,575 28,284 19.037 20.636 Other receipts.. Sale of inv$tslments 185,813 128,499 TOTAL RECEIPTS 185,813 128,499 28,284 20,636 PAYMENTS.. Direct charitable expenditure.. Gmnts made 3,550 2,800 Other expenditure: Purchase of investments Independent examinerfs fees Legal fees Sundry expenditure Brokers fees Ba￿k charges 181,772 186,914 1,032 2.580 328 2,797 100 978 444 962 106 TOTAL PAYMENTS 181,772 186.914 10,387 5.290 NET RECEIPTS IPAYMENTSI FOR YEAR 4,041 {58,4151 17,897 15.346 Cash and bank balances al 5th April 2023 (13,8291 44,586 178,568 163.222 CASH AND BANK BALANCES AT 5TH APRIL 2024 {page 41 g,788 (13.829 196,465 178,568 Page 4 THE BISSILL CHARITABLE TRUST (CHARITY REGISTRATION NUMBER 2712601 STATEMENT OF ASSETS AND LIABILITIES 5TH APRIL 2024 Endowment Fund 2024 2023 Unrèstrlctèd fund 2024 2023 MONETARY ASSETS.. Cash and bank balances: Barclays Bank plc Investec WeEJllh 8nd Investment Limited - brokers COIF Charilies Deposit Fund 110,601 10,864 75,000 89,907 13,661 75,000 19,7881 113,8291 9,788 13,829 196,465 178,568 other monetary assets Interest in life policy on life of Mrs A D Williams.. Abbey Property Bond Al cost INVESTMENT ASSETS: At cost or market value on transfer lo charity 567.066 571,977 Market value at 5th Apr¢1 2024 683,052 675,009 LIABILITIES NIL NIL NIL NIL The Trustees acknowledge their responsibilities for the preparation of the financial statements and for providing all the informalion and explanatlons necessary for their preparation. The financial st81ements were approved by the Trustees on P B WILLIAMS Trustèe PagÈ 5 THE BISSILL CHARITABLE TRUST (CHARITY REGISTRATION NUMBER 2712601 NOTES TO THE FINANCIAL STATEMENTS 5TH APRIL 2024 I ACCOUNTING POLICIES al Basis of Accounting Th@ financial statements comprise a receipts and payments accoL¢nt together with a statement of assets and liabilities In accordance with section 133 of the Charities Act 2011. bl Funds of the charlty Unreslricled funds are donations and other incoming resources receivable or generated tor thè objects of the charity without further speclfied purpose and are avallable as general funds for use al the dlscrelion of the Trustees. Endowment funds are subject to speclfbc conditions by donors. 2 GRANTS MADE DURING YEAR: 2024 2023 Grants to institutions Grants lo indivlduals 3,550 2.800 3,550 2,800 Grants to Instltutions are as follows: Brown Clee Disliicl Young Famiers Charity Church Ministry Enville Golf Club - Memorial Enville Pigeon Enville Senior Citizens Committee InjuTred Jockey Fund Midland Air Ambulan¢e Richard Copsey . Junior Golf Summer Coaching Worfield School Fund - sand pil donation 200 1,000 25 500 1.000 500 300 1,200 400 3,550 1,000 2,800 3 TRUSTEES REMUNERATION AND EXPENSES No remuneration, directly or indirectly, out of the funds of the charity wa5 paid or payable for the year lo any trustee or to any person or persons known lo be conn6tt1ed to them. No reimbursement of expenses has bèen made or is due to be made lo any trustee in respect of the year. Paye 6 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BISSILL CHARITABLE TRUST ICHARITY REGISTRATION NO. 2712601 I report lo the charily trustees on my examinatiion of the financial slalemenls of the charity for the year ended 5th April 2024, which are set out on pages 3 10 5 Rèsponsibillties and basls of report As the charity's trLJslees you are responsible for the preparation of the accounts in acwrdanre Mrilh the requirements of the Charities Acl 2011 Ilhe Act'l. I report in respect of my examination of the charill5 a¢¢ounls carried out unéer section 145 of the Act and In carrylng out my examination I have followed all the appli¢able Directions given by the Charity Commission under section 14515llbl of the Acl. Independent examlner's statemènt I have completed my axaminalion. I confirm that no material matters have come to my at16nlion In connection with the examination giving me cause lo believe Ihal in any material respecl.. accounting records were not kept in respect of the charity as required by section 130 of the Act- or the accounts do not accord Mqth those record5. I have no concems and have Gome across no other mallers in connection wilh the examination lo which allenlion should ba drawn in this report in order lo enable a proper understanding of the accounts to be reached. K V Slaley Bstt FCA Chartered AcGountant Geens Llmitèd GraphiG Housa 124 Clty Road Stoke-on-Trent ST4 2PH