THE JOHN GILPIN TRUST Annual Report for the year to 5th April 2023 The John Gllpin Trust, tare of Mantins Solicitors and Notaries, 23a High Street, Southwold IP18 6AD and 21 Fieldstile Road Southwold Suffolk IP18 6LD is registered with the Charity Commi55ion (No.. 2762701 and constituted by the Will ofjohn Gilpin. th During the year to 5 April 2023 the Charlty was administered by the Trustees compri5ing:_ David John Gaffney Stephen Michael Joseph Leach During the year the Trustees concentrated on benefiting local charities in the Merseyside, Cumbria and Suffolk areas a5 before distributing £27,500. The Trustees also Continue to have a reservation of £10,000 ir) the accounts for Southwold Tennis Club to be paid when the club commences improvement work5 to the clubhouse and courts. The trustee5 do not anticipate any extraordinary calls upon the funds for the time being and are satisfied that they will be able to meet all requests for donations from income available. The trustees will continue to consider srnall charities with strong local connections and fund specific projects rather than general needs except in exceptional circumstances. David John Gaffney Trustee
THE JOHN GILPIN TRUST ACCOUNTS FOR THE YEAR ENDID 5 APRIL 2023 Gardiner Russell Accounting Limited Chartered Accountants 1 st Floor, 2 Castle Buildings 147-149 Telegraph Road Heswall Wirral CH60 7SE
THE JOHN GILPIN TRUST ACCOUNTS YEAR ENDED 5 APRIL 2023 CONTENTS PAGE Independent Examiner's report Income and expenditure account Balan sheet Notes to the accounts
THE JOHN GILPIN TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 5 APRIL 2023 I repoi'l to the trustees on my examination of the financial statements of The John Gilpin Trust {'th¢ chai'ity) foi. the year ended 5 April 2023. R£gponsibilitie5 and bagis of report As the trustees of the ch&'ity, you al'e i'esponsible foi. the prcparation of the financial statements in accordance with the requiiEments of tl)e Charities Act 2011 I'the Act,). I report in I'especl of my examination of the chwiiy's financial statements carried out under section 145 of the 201 l Act and in c21'1'ying out my exainination I liave followed all the applicable Dii'ections given by the Charity Comtnission under section 145(5)(b) (>f the Act. Indepelldent examinei s statement have completed my examination. I confii'm that no inaterial matters have come lo niy attenlion in connection with the examinaiion giving me caiise lo believe that in any Inaterial resP¢Ct'. accounting recDI'ds were not kept in I'espect of the chai'ily as required by section 130 of the the financial stal¢menls dctr not accord with those records. or the financial statements do not comply with the appli¢&ble requirements concerning th¢ form and content of accounts set out in the Chai'ities (Accounts and Reports) Regulations 2008 other than any requirement thal the accounts give a 'lrue and fair, view which is not a matter considered as p2rt of an independent ¢xaminatLOn. have no concei'ns and have come aci'oss no othei. matters in Lunnection with the exaniii)ation to which attention sliould be dyawn in this I'epoi'l in ol'der lo enable a proper understanding of the accounts to be reached.
THE JOHN GILPIN TRUST INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 5 APRIL 2023 2023 2022 GROSS RENTS RECEfvLD 37,290 Council tax Repairs and mainlenan¢e Insurance Managemettt expenses 714 15,662 1,368 5,744 10,357 1,051 5,621 23,488 13,802 17,029 D4F.T INCOME FROM PROPERTY 19,446 OTHER INCOME BuElding Society intsrest Bank intei'est Divideiids I'eceived (Note 3) I,503 423 12,300 592 17 15,288 14,226 15,897 MANAGEMENT EXPENSES Pi'ofessional and niaiiagemenl fees Accountancy fees Sundry expenses 805 1,068 2,138 1,080 1,873 3,218 NET INCOME FOR THE Yfi AR 26,155 32,125
THE JOHN GILPIN TRUST BALANCE SHEET 5 APRIL 2023 2023 2022 FIXED ASSEI TS Tangible assets114ot¢ l) Quoted Irkveslments at ¢ost (Note 2) 71,644 98,979 170,623 71,644 98,979 170,623 CURRENT ASSETS Due froni propeity igents Dividends I'eceivable Cash tt bank Building Society account 3,396 3,730 191,278 171,228 369,632 6,091 194.094 169,725 369,910 CURRENT LIABILITICI S Creditors Acci'iied e.¥penses 55,500 1,786 54,000 2,219 57,286 56.219 NET CURRENT ASSETS 312,346 313,691 NET ASSETS 482,969 484,314 FINANCED B Y: CAPITAL ACCOUNT Balance bi'ouglit foi'ward Doi)ations received Net Income foi. tlie yeai. 484,314 460,954 13,235 32,125 26,155 510,469 27,500 482,969 506,314 22,000 Less.. Charitable donations provision (Note 4) Balance cai'i'ied foiwai'd 484,314 TRUSTEES, APPROVAL OF ACCOUNTS We approve these accounts for the year ended 5 Api'il 2023 set out on pages 2 to 6 and eonfimi that we have made available all relevant i'ecoi'ds and infoi"mation foi. thcii. pi'eparation. D J GAFFNEY Signed for and on behalf of The John Gilpin Trust Date
THE JOHN GILPIN TRUST NOTES TO THE ACCOUNTS YEAR ENDED 5 APRIL 2023 FIXED ASSETS Freehold Pi'operty COST To%veJ' View Lloyds Cottages Dawn Close 5,849 17,298 48,497 71,644 2. QUOTED INVESTMENTS, AT COST Asira Zeneca- 950 Ordinary Sh2r¢s BP- 5,70J Ordinar), Sliai'es BAE Systems- 947 Ordinary Shal'es Ball Corpoi'ation- 76 Oi'diiiai'y Sliai'¢s Carniv&l - 298 Oi'dinary Shal'es Diageo- 3,000 Ordinary Sh'es G.V.C Holdings- 185 Shares Liberty Global- 19 'A' Shal'es Libeity Global- 46 'C' Sliares Mai'coni- 39 Wai'rants to subscribe M & G Global Themes Fund- Sterling Class A Inc. Shares Marks & Spencer GYoup- 1,619 Ordinary Shares National Gi'id- 723 Oi'dinary Shares Prudential- 1,000 Ordinary Shairs Royal Baiik ol Scotland Group- 580 Oi'dinary Shares Royal Dutch Sliell- 2,490 'B' Ordinary Shares Royal & Sun Alliance Group- 580 Ordinary Shales Teinple Bai. Investment Ti'ust- 3,050 Ordinary Shares Tes¢o- 10,755 Ordijiaiy Shares 5,927 7,756 975 1,090 3.063 6,713 9,440 205 341 4,502 5,084 2,301 9,206 3J46 5,514 15,170 7,650 10,696 98,979
THE JOHN GILPIN TRUST NOTES TO THE ACCOUNTS YEAR ENDED 5 APRIL 2023 SCHEDULE OF INVESTMENT INCOME Astra Zeneca- 950 Ordinary Shai 12.09.2022 27.03.2023 24.06.2022 23.09.2022 16.12.2L122 31.03.2023 01.06.2022 30.11.20?2 02.07.2022 3.10.2022 21.01.2023 07.04.2022 20.10.2022 27.06.2022 27.06.2022 20.09.2Q22 20.09.2022 19.12.2022 19.12.2022 27.03.2023 27.03.2023 22.09.2022 07.04.2022 16.06.2022 15.09.2022 15.12.2022 28.04.2022 29.09.2022 31.10.2Cb?2 04.05.2022 16.09.2022 16.09.2022 17.08.2022 1.01.2023 13.05.2022 27.09.2022 30.06.2022 3(J.09.2022 30.12.2022 30.03.2023 24.06.2022 25.11.2022 1,546.60 248.27 294.60 i BP- 5,700 Ordinary Shares 316.39 143.94 98.49 BAE Systems- 947 Ordinary Shares Ball Corporation- 76 Oi'dinaiy Shal'es Diageo- 3,QOO OrdinY Sliaies 880.80 1,404.60 213.71 284.54 230.36 306.72 220.12 293.07 257.49 342.84 15,73 7.30 7.82 8.56 7.94 122.00 62.00 564.55 43.50 20.30 97.44 244.08 128.98 94.40 49.80 312.63 350.75 381.25 381.25 653.73 326.87 320.61 8.59 EFSL-Rds B CsnD G.V.C Holdings- 185 Shares Jackson Financial M & G PIC- 1,000 shares M&G Global Themes Fund Stei'ling A Inc. Nat West Group- 580 shares Special National Grid- 723 oi'dinary Shares Prudential- 1,000 Ordinary Sh'e$ Temple Bar Investment Trust- 3,050 oi'dinary Shares Tesco- 8,490 Ordina]y Shaics Reeeived April 2022, not allufaled Received froni Coniputeisliare, llot alloeated Aug. 2022 12,300.01
THE JOHN GILPIN TRUST NOTES TO THE ACCOUNTS YEAR ENDED 5 APRIL 2023 CHARITABLE DONATIONS PROVISION Suffolk Rape Cri51S Safety Net (North & West Cumbria) Heron Coi'n Mill Hospice al Hotlle- Cai.lisle & Noi'th Lakeland Calv¢i't Ti'ust Spi'ingfield Domeslic Abuse Support Services Kcppleway Trust Ykids 13ooile The Rock Youtli Project Brathay- Elevate progyamme Bi'aihay- Youth matters progiamme 2,000 2,000 2,000 3,000 2,500 2,000 5,000 5,000 2,000 1,000 1,000 27,500
joh C.Ilpl TrNJt VeAI' Sth Aiyril,JI23 Hldg Valu Deducicd BAE Syseins Bull CoYporaiiD 3011112022 947 0.1040 98.49 Rec'd by post 61412023 25. Diageo 2011012022 30(X) 0.46_ 1,404 MJ QVC Holdings 2210912022 185 0.0850 li.73 NatWesiG£ollp I69n022 1610912022 580 0.0350 i80 0.1680 2030 9744 Temple 8ar 3010912022 3011V2022 1110312021 15250 0.0230 15250 0 0250 15250 0.0250 350 75 Regd by pt 61412021 Rec'd by rjw 61412023 90DJ 90.00 Tes¢0 2410612022 2511 In022 8490 0 0770 8490 0 0385 653.73 326.87 Rec'd byposl 6141202] Rec'd by posi 61412023 110 3,730.40 411.%.00
THE JOHN GILPIN TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 5 APRIL 2023 l i'eport to the ts'ustee5 on my exam1ttion of the financial slalements of The John Gilpin Tiust ('the cliaiiÉy') for the yeai. ended 5 Api'il 2023. Responsibilities and basis of report As the trustees of the charity, yoii are i'esponsible for the prepai'ation of the financial statements in accordance with the requiremenls of the Charities Act 2011 ('Ihe Act,). l i'eport in respect of my examination of the charity's financial statemcnts earried oul under section 145 of the 2011 A¢1 and in carrying out my exainin2tion I have followed all the applicable Dii'ections given by tlie Charity Coininission under section 14515)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no matei'ial mattel's have come to n)y attention in connection with the examination giving me cause to believe that in any material i'espeGt- accounting recoi'ds wei'e not kept in respect of the charity as I'equired by section 130 of th¢ Ihc fin2neial statements do not accord with those recoi'ds. or the financial statements do nDt comply with the applicable IEqUiI'ements concci'ning the foi'm and content of accouiits set out in the Chai'ities {Ac¢ounts and Repoits) Regulations 2008 other than any requitEm£nt tlial the accounts giv¢ a 'ti'ue and fail, view whicli is not a maller Considered as part of ali independent exatnination. I have no concci'ns and have come aci'oss no otiier Tnatters in connection with Ilie examination to whieh attention should be drawn in this repoi't in ordey to enable a prop¢i' undeistanding of the accounts lo bc I'¢ached.