Charity No. 280711 SHAFTESBURY TRINrrY CENTRE TRUST FINANCIAL STATEMENTS FOR THE YEAR EIWED 30 SEPTEMBER 2024
Charity No. 280711 SHAFfESBURY TRJNITY CEKfRE TRUST CONTENTS Pag¢ CHAIRMAN'S REPORT Ito2 REPORT OF THE TRusrEEs 3to5 INDEPENDEiYf EXAMINER'S IIEPORT RECEIPTS AND PAYMEiYfs AccouNr STATEMENf OF ASSETS AND LIABILrrIFS NOTLS TO THE FINANCIAL STATEMENTS
SHAFfESBURY TRINTfY CEKfRE TRUST Charity . 2711 Registered Offi. The Old Bam Madieston Gillingham Dorset SP8 5JH CHAIRMAN'S REPORT 2024 Trust5. Alistair Morgan (Chairman). Trudie Stanley O[1 Chairnian), John Parker, Duncan Weir, Anthony Streets and Gregory Tapper Twst Administrator and Treasurer: S)phie Franks Assistan given by the Trust is in lir£ with the objectives of the charity, these ing. a) to prnmde suitable headquarters accommodation for the shafte5ry Scout Group b) to promote any charitsble purFK)ses for the benefft of the community of Shaftesbury in the County of Dorset and the districts surrounding Shaftesbury with special regard to the needs of the elderly. The Tnst works under a Trust Deed 'Declaration of Trusy dated 8 Juty 1980 and is incorporated as a body. Trustees are app)inted on the basis of the skills they can bring to the work of the TrusL Trustees Brian Watts resigned as Chairman, after 26 years of loyal to the Trust, as did Sue Hewitson. Trustees were untted in their praise for Brian and Sue and the time they have given to the trust over the years. Thanks were extend&1 to Brian has he led the Trust through the very important project of refurbishing the Centre. Following the departure of Brian and 9Je. the tnjstees had been actively lookirrfJ for new trustee and were delighted to ¥IcOMe Gregw Tapper as a TStee. Financial Governance Financial governan to ensure darity and transparency s regularty reviewed, and a system is in place which provides trust&s with greater Confiden in future planning. Trustees manage carefully the assets and income from the trust property and have bn able to give grants to Irxal individuals and go(Kl causes in line with the objecttves of the charity. The trust is managed with funds t aside in ca of urgent repair of the listed fomer thurch and can be called upon for immediate need. Income increased this year by £8,408 to £91.933 vth nornial running costs reduang by £6,812 to £76,535. We were able to increase our donations by £2,723 to £4,751. This resulted in the Trust generating a surplus of £10,647 compared to a loss of £1,850 the previous year. Cash balances currently stand at £107,991 and the Net Worth of Trust remains very healthy at £836,092.
Adminvstrator and Treasurer Mrs Sophie Franks continues to [k after the administration of the Trust and we are grateful for her excepb'onal commitment which continues to exceed day to day administration. Building and GrDuMIs The charity remains called upon by people in need, which we try and 5UPPOrt as many requests as we can. Our efforts to maximi5e the u of the faciltty to the benefit of the people of Shoftesbury continues, and hle has successfijlly arranged a number of addition hall bookings, with the notatAe addition of sbJecoach. The trust continues to support the i Shaftesbury Scouts (being a primary c+)jecttve of the Trust) and monies from outside lettings are now used to cover the Maintenan and running costs of the Scout Hall and to fund fure repair To ensure continued care of the building, and as noted aVe, money is set aside each year so that repair work can be carried out without delay. The churchyard remains well cared for and continues to be a fcol p)int for the town. During the year one of our long-standing tenants, Deligh¢ gave noti on their unit but we are pleased to reFK)rt that they were replaced by t & KalKxrflle. We are aware that Care Dorset and tk)rset Counal a in open cor6ultstion about the SeiCe5 they provide in Dorset arKd the wabilty of the Shaftesbury location. The Trustees a attively involved in discussions wtth Care Dorset, and we are also seeknng advi about the various Opts'ons available to us with regards to re-letting the Sp if required. Lime Tree Walk The Trusys land inclLKles the historic avenue of Liffe tJees which appear on the 1790 map of Shaftesbury. We continue to work with the Tree Officer of North th)rset Distritt Council, and Shaftesbury tree group for the continued upkeep of thi5 important feature of the town. Trustee John Parker continues to provtde valuable care and athl in this matter. Trinity ground5 have bn an imtM)rtant part of the annual snowdrop festival for several years, the lime trees having bn extensively under anted. Footfall in the grounds increase significantly during February and March when the display becomes a major attracknon in the town. Car Parking All car park spaces remain all(Kated wtth a large waiting lisL The previous chaln barrier and vehicle recognition system, which caused some issues over the years, including several collisions, and malfvnctions was replaced wlth a rising arm barrier whith has been a great success. utilisation of the Tower The lease with Wessex Intwnet for continued use of the bell chamber in the tower remains, providing broadband to the surrounding area. The local pcmjcaster 'This is Alfred. began broadcasting from its transmitter at the top of tower in .22. A communty radio sLion is now followed ty many in the town broadcasting aut Itfe in Shaftesbury. istair Morgan - Chaimian Trinity Centre Trust
Charity No. 280711 SHAFfESBURY TRINITY cErRE TRusr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024 The trnstees present their report with ihe fInan¢ial statem¢nts of the charity for the year ended 30 Sq)temiKr 2024. REFERENCE AND ADMINISTRATIVE DETAIts RegKster¢d Charity number 280711 Prin¢ipal Yadd$ The Old Barn Madjeston Gillingham Dorset SP8 5JH Trustees Mr B Watts (Chairnian) (Resiwied- 28.02.24) Mrs T A Stanley (Vice Chairnian) Mr J Parker Mr D Weir Mr A Morgan (Chaimian) MTS S H¢witson (Resigned- 28.02.24) Mr Anthony Streets (Appointed- 28.0224} Independent Examiner Philip Bevis FCA FCCA Andrews and Palmer 32 The Square Gillingham Dorset SP8 4AR Bankers HSBC The Commons Shaft¢sbury Dorset SP7 8JX AdministratOT Mrs S Franks MCMI
Charity No. 280711 SHArfESBURY TIUNITY CEKfRE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER2024 STRUCTURE. GOVERNANCE AIYD MANAGEMENT Governing dotument The charity is controlled by its governing docum¢nL a deed of T dated 8 July 1980 and constitutes an unincotpordt¢d charity. Recruitment and PIt[Dent of xtw trustees Trustees are appointed via the Iwal community and on the basis of the skills they can bring to the work of the Tnlst. Organisatlonal strn¢tllre The day to day running of the charity is overseen by the admlnlstrator. Th¢ TnLStees meet to receive updates, review finance5 and prioritise the key objectives. Wider network The charity work alongsi¢k many local voluntsry and charitable organisations, and in particular the Shaftesbury Scout Group. Risk management The trustees have a duty to identify and revi¢w the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide re&SOrble assurance against fraud and ¢rror. Objectives and aEll The objectives of the charity are to apply its fimds and assets as the trustees think fit in accordance with the Trust Deed. Th¢ trustees confimi that they have referred to the guidance ntaIned in the Charity Cofflmissions. general guidancc on public benefrt when reviewing the charity's aims and objectives and in planning future activiti¢s. In particulaT. the charity's main aims and objective5 a) to provide suitable headquarters aecomm(xlations for the shaftbury Scout Group b) to promote any charitable purposes for the benefit of the community of Shaftesbury in the county of Dorset and the districts sutrowidin8 Shaftesbury with SclaI r¢8ard to the needs of th¢ elderly. Sigllifjcant acdvities The charity continues to provide suitable headquarters acwmmodation for the Shaftesbury Scout Group. Grant mgkiDE Grants and donations totalling £1.905 were made in the year to institutions. (2023: £135) Grants and donations totslling £2.846 were made in the year to individuals. (2023: £1.893)
Charlty No. 280711 SHAFTESBURY TRINITY CEiYfRE TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024 Public tter1t The charity was established wtth a general charitable purpose andto promote th¢ advancement of health or saving of lives and the disabled. The main b¢nefi¢iarftes from the charity's activities a children and young lple. the elderly and those with disabilities. The charity makes various grants to individuals and organistitions in the Shaftesbury area and provides service4 buildings, open spaces and other facilities available b¢neficiaTies. Volunts¢rs Other than the administrator, the charity is reliant upon unpaid volunteers and trustees in achi¢vin8 its charitable objectiv¢s. ACHtEVElktKNT AND PERFORMAI¥4CE Charitable activities The chartty continues to pr¢)mote its charitable obje£tAves by continuiDgto provide suitable h¢adquarters accommodation for th¢ Shaftesbury Scout Group and to provide grnnts and SUPEK)rt institutions and individuals. Further charitable activities ar¢ outlined in the Chairnwi's Rep) FINANCIAL REVIEW Reserves poliey Th¢ charity s¢eks to maintain sutTicient reserves to be able to fund its core charitabl¢ activities. Restricted reserv. Whe applicable. are only used for the puttK)se of which they were initially donatsd. Prineiple funding sources The charity's principl¢ funding sources are derived from the rent of land and buildings and donations receivcd. During the year incoming resources exceeded outgoing regjurcts by £10,647. Approved by the board of trustees on the 12 March 2025 and Sign on its behalf by." Mr A Morgan (Chainnan)- TTustse
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS TO THE COMMITTEE OF SHAFfESBURY TIUNITY CENTRE TRUST FOR THE YEAR EIYDED 30 SEPTEMBER 2024 AS SET OUT ON PAGES 7 TO 9 Respeetive The charity's trustees are responsible for Ehe prepardtion of the accounts in responsibilities of accordance with the requireTncnts of the Charities Act 2011 ("Ihe Act"). trustees 2nd examiner The charity's trustees consider thai an audil is not required for this year under section 144 of the Act and that an independent exomination is needed. It is my responsibility to: examin¢ the accounts under section 145 of the 2011 Acl. io follow ihc applicable Directions giv¢n by the Charity Commission under section 145(5)(b) ofthe ACL and lo siale ivhether particular maiicrs have Come lo my allenlion. Basis of independent My examinalion was carried oul in accordance iyith generdl Direciions given by the examiner's report Charity Commission. An examination includes a review of the accouniing7 records kept by the charity and a comparison of the accounts presented wilh those re¢ords. li also includes considerntion of any unusual items or disclosures in the accounts and seeking explanalions from the trustees concerning any such matters. The procedures undertaken do not provide all th¢ evidence that would be requircd in an audit aftd consequently no opinion is given as to whether the accounls present a 'irue and fAir view. and the port is limited to those matters set out in the statemeni below. Independent In wnnection with my examination, no material matters havc come to my attention: examiner's statement l. which gives me reasonable cause to believe ihat in, any malerial respect, the requirements: to keep accounting ordS in accordance with section 130 ofihe Acl; or to prepare accounts ivhich accord with the accounting records and comply with the accountin8 requirements of 201 l Act have not been met. or 2. to ivhich, in my opinion, attention should be drawn. in order io enabl¢ a propcr UnderS&ding of the accounts to be reached. Date: XN-£-XOa Name: Mr P L Bevis Relevanl professional qualifications: FCA, FCCA Address: AndreMT & Palmer Ltd Chartered Accountants 32 The Square Gillingham Dorsel SP8 4AR
Charity No. 280711 SHAFfESBURY TRINrfY CENfRE TRusr RECEIPTS AND PAYMEwfs AccouKrs FOR THE YEAR ENDED 30 SEPTEMBER 2024 R¢s¢rlcted Fund Total Funds Last Year Fllnds Reeeipts Legacy Interest Rent5 reteivablc Car parking Insurance claims etc Grdnt 2J37 52.478 20,859 15.694 565 2.J37 52,478 20,859 15,694 565 2242 57,399 19,456 3,928 500 Total Receipts £91933 £ 91,933 £ 83,525 Payments Rates and water Insurance Light and heat Repairs. r¢newal& and servicing Car park barrier, signage and ccrv New car park barrier Postage, stationery, and sundry expenses Building maint¢nan¢e South boundary one wall works Grdntsldonations to institutions Granisldonations to individuals Wages Accountancy Professional fee5 Bank ¢harges Purchase and improvements of resid¢n¢ial Fryerty 1289 26.647 6,472 17.516 390 1289 26,647 6,472 17.516 390 9.096 1.010 7,241 1,847 20,873 9.863 17.742 1,076 1,010 7241 913 9.229 12,504 135 1,893 6,300 687 2,047 266 258,044 .905 2.846 5.824 570 300 1.905 2.846 5,824 570 300 180 Totsl Payrnents £81386 £81286 £ 343,419 Net R¢ceiptsl(Payments) Transfe between funds 10.647 10.647 (259.894) Cash funds l&st year end 97.344 97J44 357.238 Cash funds this year end £ 1117,991 £ 107,991 £ 97J44
Charity No. 280711 SHAFfESBURY TRINITY CENfRE TRusr STATEMEiYf OF ASSETS AND LLIBILtTIES FOR THE YEAR ENDED 30 SEPTEMBER 2024 UDrestritteJJ FuDds Restricted Tolal thi5 Year Total last Year Cash Funds HSBC Current Account HSBC Refurb Account HSBC Bella West Account HSBC Deposit Account CCLA Building mainten¢¢ Accw HSBC Communiry Account 38.333 125 .463 8.460 43,798 15.811 38,333 125 1,463 8,460 43,798 15.811 28.486 2,186 1,463 8,298 41,624 15287 £107991 £107,991 £ 97J44 Investment knets Residential Propety & Imwov¢m¢nts £258,1144 £258,IM4 A58ets retained for the clri 's own use Trinity Centtr Buildings & Improvements Debtors 470.628 470.628 470.628 £470,628 £ 470,628 £ 470,628 Liabiliti¢s Creditors and accruals £571 £571 £472 £571 £571 £472 NetA £836,092 £ 825,544 Signed on behalf of all trustees Signatu Full names Mr Alistair Morgan Position Chaimun Date
Charity No. 280711 SHAFfESBURY TRINITY CENTRE TRusr NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 I. MOVEMENT IN FUNDS Net movement TrAnsfers runds belween fllnds At 01.1023 At 30.09.24 Unrestrieted funds General Fund Freehold Property Fund Trinity Hall Upgrad¢ Fund Scout Hall Refurbishment Fund 96.872 728,672 10.548 107,420 728,672 £ 8255 iOJ48 £ 836.092