THE BISSILL CHARITABLE TRUST
(CHARITY REGISTRATION NUMBER 271260)
TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS
YEAR TO 5TH APRIL 2025
CONTENTS
- 1-2 Trustees annual report 3 Receipts and payments account 4 Statement of assets and liabilities 5 Notes to the financial statements 6 Independent examiner's report
Page 1
THE BISSILL CHARITABLE TRUST
TRUSTEES ANNUAL REPORT
REFERENCE AND ADMINISTRATIVE DETAILS
| Charity registration number: | 271260 |
|---|---|
| Correspondent: | Peter Brinton Williams |
| Estates Office | |
| Enville | |
| Nr Stourbridge | |
| West Midlands | |
| DY7 5HD | |
| Governing instrument: | Trust deed dated 16th March 1976 |
| Trustees: | Peter Brinton Williams |
| Alexandra Diana Williams | |
| Peter Henry Marsh | |
| Bankers: | Barclays Bank plc |
| Stourbridge | |
| West Midlands | |
| Investment advisers: | Investec Wealth and Investment Limited |
| 30 Gresham Street | |
| London | |
| EC2V 7QP | |
| Independent examiner: | K V Staley BSc FCA |
| bk plus Limited | |
| Graphic House | |
| 124 City Road | |
| Stoke-on-Trent | |
| ST4 2PH |
Page 2
THE BISSILL CHARITABLE TRUST
TRUSTEES ANNUAL REPORT (CONTINUED)
REVIEW OF THE YEAR:
The income of the unrestricted fund for the year was £27,251 (2024: £28,284). Unrestricted expenditure was £14,367 (2024: £10,387) resulting in a net increase in reserves of £12,884 (2024: increase of £17,897).
OBJECTIVES AND ORGANISATION:
The object of the charity, in accordance with the Trust Deed dated 16th March 1976 is to apply the income, or unrestricted capital, to charitable bodies or purposes at the discretion of the Trustees. The Trustees meet from time to time to consider applications for and distribution of donations.
FINANCIAL POSITION:
The Trustees consider that the overall financial position is satisfactory
PUBLIC BENEFIT:
The Trustees of the charity are aware of the Charity Commission’s guidance on public benefit and have had regard to it in their administration of the charity
POLICIES:
The Charity's investments have been selected to provide a balance between growth and income as recommended by the investment advisers.
The income reserves of the charity are reviewed regularly and are maintained to retain a level of funds available for urgent calls upon them and for identifiable future projects.
TRUSTEES
The power of appointment of new trustees is vested in the existing trustees subject to the consent of the surviving settlor, Mrs A D Williams.
The Trustees' Annual Report and Financial Statements were approved on …..................................... and signed on its behalf by
P B WILLIAMS Trustee
THE BISSILL CHARITABLE TRUST
Page 3
(CHARITY REGISTRATION NUMBER 271260)
RECEIPTS AND PAYMENTS ACCOUNT
YEAR TO 5TH APRIL 2025
| Note Page RECEIPTS: Income receipts: Income from deposits: Bank interest (net) Brokers deposit interest (gross) COIF interest Income from quoted investments: Net Income Total income receipts Other receipts: Sale of investments TOTAL RECEIPTS PAYMENTS: Direct charitable expenditure: Grants made 2 Other expenditure: Purchase of investments Independent examiner's fees Legal fees Sundry expenditure Brokers fees Bank charges TOTAL PAYMENTS NET RECEIPTS (PAYMENTS) FOR YEAR Cash and bank balances at 5th April 2024 CASH AND BANK BALANCES AT 5TH APRIL 2025 (page 4) |
2025 2024 £ £ 1,689 1,167 234 649 3,589 3,893 21,739 22,575 27,251 28,284 181,984 185,813 209,235 214,097 2,200 3,550 172,641 181,772 1,086 1,032 7,740 2,580 475 328 2,787 2,797 79 100 187,008 192,159 22,227 21,938 186,677 164,739 208,904 186,677 Unrestricted fund |
|---|---|
Page 4
THE BISSILL CHARITABLE TRUST
(CHARITY REGISTRATION NUMBER 271260)
STATEMENT OF ASSETS AND LIABILITIES
5TH APRIL 2025
| MONETARY ASSETS: Cash and bank balances: Barclays Bank plc Investec Wealth and Investment Limited - brokers COIF Charities Deposit Fund |
2025 2024 £ £ 125,877 110,601 8,027 1,076 75,000 75,000 208,904 186,677 Unrestricted fund |
|---|---|
Other monetary assets
| Interest in life policy on life of Mrs A D Williams: Abbey Property Bond At cost INVESTMENT ASSETS: At cost or market value on transfer to charity Market value at 5th April 2025 LIABILITIES |
- - 561,112 567,066 652,571 683,052 NIL NIL |
|---|---|
LIABILITIES
The Trustees acknowledge their responsibilities for the preparation of the financial statements and for providing all the information and explanations necessary for their preparation.
The financial statements were approved by the Trustees on ….....................................
P B WILLIAMS Trustee
Page 5
THE BISSILL CHARITABLE TRUST
(CHARITY REGISTRATION NUMBER 271260)
NOTES TO THE FINANCIAL STATEMENTS
5TH APRIL 2025
1 ACCOUNTING POLICIES
a) Basis of Accounting
The financial statements comprise a receipts and payments account together with a statement of assets and liabilities in accordance with section 133 of the Charities Act 2011.
b) Funds of the charity
Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds for use at the discretion of the Trustees.
| 2 GRANTS MADE DURING YEAR: Grants to institutions Grants to individuals Grants to Institutions are as follows: Brown Clee District Young Farmers Charity Church Ministry Enville Golf Club - Memorial Enville Pigeon Richard Copsey - Junior Golf Summer Coaching Worfield School Fund - sand pit donation |
2025 2024 £ £ 2,200 3,550 - - 2,200 3,550 £ £ - 200 1,000 1,000 - 250 - 500 1,200 1,200 - 400 2,200 3,550 |
|---|---|
3 TRUSTEES REMUNERATION AND EXPENSES
No remuneration, directly or indirectly, out of the funds of the charity was paid or payable for the year to any trustee or to any person or persons known to be connected to them.
No reimbursement of expenses has been made or is due to be made to any trustee in respect of the year.
Page 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BISSILL CHARITABLE TRUST (CHARITY REGISTRATION NO. 271260)
I report to the charity trustees on my examination of the financial statements of the charity for the year ended 5th April 2025, which are set out on pages 3 to 5
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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 in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
K V Staley BSc FCA Chartered Accountant bk plus Limited Graphic House 124 City Road Stoke-on-Trent
ST4 2PH
…..............................................