## **Trustees’ Annual Report for the period** **From 6/4/20 Period start date To 5/4/21 Period end date Charity name: Edward Vinson 1957 Charity Settlement** **Charity registration number: 292738** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**General charitable purposes**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**The charity makes grants to other**
**charities and community organisations.**
**It does not fund individuals.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees have read and given due**
**regard to Charity Commission guidance**
**on public benefit**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|**The charity makes grants to other**
**charities, community organisations,**
**educational and social enterprises. It**
**does not give grants to private**
**individuals. The trustees adopt a policy**
**of primarily making grants in the East**
**Kent area around the town of Faversham.**
**This is not exclusive and the trustees will**
**support charities from other areas where**
**appropriate.**| **Achievements and Performance** SORP reference **During the year the charity has supported a wide range of organisations across the spectrum of age from young children** Summary of the main **through to the elderly, and diverse in** Para 1.20 achievements of the charity, **nature. Feedback received from these** identifying the difference the **organisations has confirmed that the** charity’s work has made to **grants made were applied for public** the circumstances of its **benefit and improved the circumstances** beneficiaries and any wider **for the individuals supported by those** benefits to society as a **organisations. One off support was** whole. **given to organisations in Graveney in particular, due to the historic links between the Vinsons Farm and the village and the fact no other source of funds was apparent. A list of grants is below.** ## **Summary of grants 2020-2021** **----- Start of picture text -----**
Police Community Clubs Anti bullying in local schools £2400
Demelza Childrens hospice £5000
Pilgrims Hospice Adult hospice £5000
Strode Park Fynvola house £5000
GRIT Vulnerable young people £1000
Family Holiday Association Disadvantaged families £2000
Open Theatre Young people with LD £1000
Action for ME Supporting children with ME £500
Southmead Project Trauma counselling £1000
Boughton & Eastwell Cricket New facilities £20000
SVP Faversham Supporting local people £500
St Marys Playgroup Outside learning £5000
Hernhill School Table tennis £3000
Jigsaw Trust Supporting autistic people £1000
No 72 Youth Bus Equipment £6746
Faversham Pools Training equipment £3515.44
1 [st] Faversham Scouts Trailer for camps etc £900
West Faversham CA Youth club equipment £500
Oare Parish Council Play equipment £5000
Faversham Assembly Rooms Staging £1200
Graveney Village Hall Play equipment £23000
Davington Priory Cricket Club Pavilion equipment £762.05
Bysingwood School Forest School equipment £3625
7 [th] Faversham Scouts Camping equipment £2100
BIGG project Community counselling £637.17
Graveney Church Historic building repair £30000
Helen Arkell Trust Dyslexia support £1000
Faversham Almshouses Upgrade heating and lighting £5000
Age UK Covid and dementia support for elderly £5000
Faversham Pools Post covid community reopening £25000
**----- End of picture text -----**
## **Financial Review** **----- Start of picture text -----**
Review of the charity’s Para 1.21 The charity is in a healthy financial
financial position at the end position with a significant positive
of the period balance which will be applied to further
grant making in the future.
Statement explaining the Para 1.22 The charity does not necessarily need
policy for holding reserves reserves or have a specific reserves
stating why they are held policy as it has no ongoing running
costs, and does not generally commit to
ongoing funding over a period of time.
The balance in the accounts is a surplus
where the income (which can be
sporadic) exceeded the grants requested
and made during the year. The trustees
have also this year agreed to hold back
some money provisionally to support
new community facilities if Faversham
town is significantly extended in the
future by the Duchy of Cornwall. A
planning decision on this may take a year
or more during which time further income
for the charity is uncertain
Details of fund materially in Para 1.24 None
deficit
Explanation of any Para 1.23 None
uncertainties about the
charity continuing as a going
concern
**----- End of picture text -----**
## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**The previous trustees having decided to**
**sell all shareholdings, and distribute the**
**proceeds as grants to simplify**
**administration, the principal source of**
**funds is as a beneficiary of the Vinson**
**Will Trust. As that trust has its primary**
**income from the development of housing**
**in Faversham, the trustees have adopted**
**a policy of favouring organisations local**
**to Faversham when awarding grants.**| |---|---|---| |A description of the principal
risks facing the charity|Para 1.46|**The charity has no running costs and**
**only makes grants within its resources so**
**does not have significant risks.**| |Other||**The previous trustees had considered**
**winding up the charity, until it was**
**apparent that the charity would benefit**
**from significant income from the Vinson**
**Will Trust as land owned by that trust**
**was sold for development. The trustees**
**have therefore decided to continue the**
**charity for as long as this income**
**continues in the interests of public**
**benefit for the local area.**| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust deed from 1957**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Trust**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are not appointed for any fixed**
**term and there are no constitutional**
**provisions.**| ## **Reference and Administrative details** |Charity name|Edward Vinson 1957 Charity Settlement| |---|---| |Other name the charity uses|| |Registered charity number|292738| |Charity’s principal address|Sandbanks House, Sandbanks Lane, Graveney, Faversham
ME13 9DJ| **Names of the charity trustees who manage the charity** |1
2
3|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Hugh Matthews|||| ||Peter Matthews|||| ||Stephanie Strutt|||| ## **Funds held as custodian trustees on behalf of others** Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets **Exemptions from disclosure** Reason for non-disclosure of key personnel details **N/A** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature Full name** Hugh Edward Matthews **Position** Trustee **Date** 27/1/22 ## Annual accounts Section C: Notes to the accounts for the period Period start date ## 0 6 0 4 2 0 > Period end date) 0 5 0 4 2 1 > Charity name EDWARD VINSON 1957 CHARITY SETTLEMENT Charity No 2 9 2 7 3 8 (if any) ## Section A: Statement of financial activities |**Recommended categories**
**by activity**
**Notes**
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
**S01**
Charitable activities
**S02**
Other trading activities
**S03**
Investments
**S04**
Separate material item of
income
**S05**
Other
**S06**
**_Total_**
**S07**
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
**S08**
Charitable activities
**S09**
Separate material item of
expense
**S10**
Other
**S11**
**_Total_**
**S12**
**Net income/(expenditure) before**
**investment gains/(losses)**
**S13**
Net gains/(losses) on
investments
**S14**
**Net income/(expenditure)**
**S15**
**Extraordinary items**
**S16**
**Transfers between funds**
**S17**
**Other recognised gains/(losses):**
Gains and losses on revaluation
of fxed assets for the charity’s
own use
**S18**
Other gains/(losses)
**S19**
**_Net movement in funds_**
**S20**
**Reconciliation of funds:**
Total funds brought forward
**S21**
**_Total funds carried forward_**
**S22**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**F01**
**F02**
**F03**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**F01**
**F02**
**F03**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**F01**
**F02**
**F03**|**Total**
**funds**
**£**
**FO4**|**Prior year**
**funds**
**£**
**F05**| |---|---|---|---|---|---| ||500000|||500000|241000| ||0|||0|0| ||0|||0|0| ||49|||49|367| ||0|||0|0| ||0|||0|0| ||500049|||500049|241367| ||||||| ||0|||0|0| ||166386|||166386|232083| ||0|||0|0| ||0|||0|0| ||166386|||166386|232083| ||||||| ||333663|||333663|9284| ||0|||0|0| ||0|||0|0| ||0|||0|0| ||333663|||333663|9284| ||||||| ||0|||0|0| ||0|||0|0| ||333663|||333663|9284| ||||||| ||||||| ||75420|||75420|66136| ||409083|||409083|75420| ## Section B: Balance sheet |**Notes**
**Fixed assets**
Intangible assets (Note 15)
**B01**
Tangible assets (Note 14)
**B02**
Heritage assets (Note 16)
**B03**
Investments (Note 17)
**B04**
**_Total fxed assets_ B05**
**Current assets**
Stocks (Note 18)
**B06**
Debtors (Note 19)
**B07**
Investments (Note 17.4)
**B08**
Cash at bank and in hand (Note
24)
**B09**
**_Total current assets_ B10**
**Creditors:**amounts falling due
within one year (Note 20)
**B11**
**_Net current assets/(liabilities)_ B12**
**_Total assets less current liabilities_ B13**
**Creditors:**amounts falling due after
one year (Note 20)
**B14**
Provisions for liabilities
**B15**
**_Total net assets or liabilities_ B16**
**Funds of the Charity**
Endowment funds (Note 27)
**B17**
Restricted income funds (Note 27)
**B18**
Unrestricted funds
**B19**
Revaluation reserve
**B20**
**_Total funds_ B21**
Signed by one or two trustees
on behalf of all the trustees|**Notes**
**Fixed assets**
Intangible assets (Note 15)
**B01**
Tangible assets (Note 14)
**B02**
Heritage assets (Note 16)
**B03**
Investments (Note 17)
**B04**
**_Total fxed assets_ B05**
**Current assets**
Stocks (Note 18)
**B06**
Debtors (Note 19)
**B07**
Investments (Note 17.4)
**B08**
Cash at bank and in hand (Note
24)
**B09**
**_Total current assets_ B10**
**Creditors:**amounts falling due
within one year (Note 20)
**B11**
**_Net current assets/(liabilities)_ B12**
**_Total assets less current liabilities_ B13**
**Creditors:**amounts falling due after
one year (Note 20)
**B14**
Provisions for liabilities
**B15**
**_Total net assets or liabilities_ B16**
**Funds of the Charity**
Endowment funds (Note 27)
**B17**
Restricted income funds (Note 27)
**B18**
Unrestricted funds
**B19**
Revaluation reserve
**B20**
**_Total funds_ B21**
Signed by one or two trustees
on behalf of all the trustees|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**F01**
**F02**
**F03**
**F04**
**F05**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**F01**
**F02**
**F03**
**F04**
**F05**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**F01**
**F02**
**F03**
**F04**
**F05**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**F01**
**F02**
**F03**
**F04**
**F05**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**
**F01**
**F02**
**F03**
**F04**
**F05**| |---|---|---|---|---|---|---| |||0|||0|0| |||0|||0|0| |||0|||0|0| |||0|||0|0| |||0|||0|0| |||||||| |||0|||0|0| |||0|||0|0| |||0|||0|0| |||409083|||409083|75420| |||409083|||409083|75420| |||||||| |||0|||0|0| |||||||| |||409083|||409083|75420| |||||||| |||409083|||409083|75420| |||||||| |||0|||0|0| |||0|||0|0| |||||||| |||409083|||409083|75420| |||||||| |||`
0|||0|0| |||0|||0|0| |||409083|||409083|75420| |||0|||0|0| |||409083|||409083|75420| |||||||| |||**Signature**||**Print Name**||**Date of approval**
**dd/mm/yyyy**| |||||DR HUGH MATTHEWS||05/12/21| |||||||| ## Section C: Notes to the accounts ## Note 1: Basis of preparation ## _This section should be completed by all charities._ ## 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of • and with* Ireland (FRS 102) - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.* * - Tick as appropriate ## 1.2 Going concern _If there are material uncertainties related to events or conditions that cast significant doubt on the charity’s ability to continue as a going concern, please provide the following details or state “Not applicable”, if appropriate:_ An explanation as to those factors that NOT APPLICABLE support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. (cont) Section C: Notes to the accounts ## 1.3 Change of accounting policy The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }. **----- Start of picture text -----**
Yes*
* - Tick as appropriate
No*
Please disclose:
**----- End of picture text -----**
_(i) the nature of the change in accounting policy; (ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and_ _(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP._ ## 1.4 Changes to accounting estimates **----- Start of picture text -----**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes*
* - Tick as appropriate
No*
Please disclose:
(i) the nature of any changes;
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
more future periods.
**----- End of picture text -----**
(cont) Section C: Notes to the accounts **----- Start of picture text -----**
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
Yes*
* - Tick as appropriate
No*
Please disclose:
(i) the nature of the prior period error;
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
(iii) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
**----- End of picture text -----**
(cont) Section C: Notes to the accounts ## Note 2: Accounting policies _Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._ ## 2.1 Reconciliation with previous generally accepted accounting practice **----- Start of picture text -----**
Please provide a description
of the nature of each change
in accounting policy
**----- End of picture text -----**
_Reconcilation of funds per previous GAAP to funds determined under FRS 102_ **----- Start of picture text -----**
Start of period End of period
£ £
Fund balances as previously
stated
Adjustments:
Fund balance as restated
Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under
FRS 102
End of period
£
Net income/(expenditure) as previously stated
Adjustments:
Previous period net income/
(expenditure) as restated
**----- End of picture text -----**
(cont) Section C: Notes to the accounts ## 2.2 Income _This standard list of accounting policies has been applied by the charity except for those ticked “No” or “N/a”. Where a different or additional policy has been adopted then this is detailed in the box below._ |**Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
• it is more likely than not that the trustees will receive
the resources; and
• the monetary value can be measured with suffcient reliability.
**Offsetting**
There has been no offsetting of assets and liabilities, or income
and expenses, unless required or permitted by the FRS 102 SORP
or FRS 102.
**Grants and donations**
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS 102 SORP).
In the case of performance related grants, income must only be recognised
to the extent that the charity has provided the specifed goods or services as
entitlement to the grant only occurs when the performance related conditions
are met (5.16 FRS 102 SORP).
**Legacies**
Legacies are included in the SOFA when receipt is probable, that is, when
there has been grant of probate, the executors have established that there
are suffcient assets in the estate and any conditions attached to the legacy
are either within the control of the charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**Tax reclaims on donations**
**and gifts**
Gift Aid receivable is included in income when there is a valid declaration
from the donor. Any Gift Aid amount recovered on a donation is
considered to be part of that gift and is treated as an addition to the same
fund as the initial donation unless the donor or the terms of the appeal
have specifed otherwise.
**Contractual income and**
**performance related grants**
This is only included in the SoFA once the charity has provided the related
goods or services or met the performance related conditions.
**Donated goods**
Donated goods are measured at fair value (the amount for which the asset
could be exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to benefciaries is
deemed to be the fair value of those gifts at the time of their receipt and
they are recognised on receipt. In the reporting period in which the stocks
are distributed, they are recognised as an expense at the carrying amount of
the stocks at distribution.|**Yes**
**No N/a**|**Yes**
**No N/a**|**Yes**
**No N/a**| |---|---|---|---| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||||| ||**Yes**
**No N/a**||| ||||| ||||| (cont) Section C: Notes to the accounts |Donated goods for resale are measured at fair value on initial recognition,
which is the expected proceeds from sale less the expected costs of sale, and
recognised in ‘Income from other trading activities’ with the corresponding
stock recognised in the balance sheet. On its sale the value of stock is
charged against ‘Income from other trading activities’ and the proceeds from
sale are also recognised as ‘Income from other trading activities’.
Goods donated for on-going use by the charity are recognised as tangible
fxed assets and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from
donations when receivable.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at
the value of the gift to the charity provided the value of the gift can be
measured reliably.
Donated services and facilities that are consumed immediately are recognised
as income with an equivalent amount recognised as an expense under the
appropriate heading in the SOFA.
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount
receivable can be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in
Donations and Legacies.
Membership subscriptions which gives a member the right to buy services or
other benefts are recognised as income earned from the provision of goods
and services as income from charitable activities.
**Settlement of insurance**
**claims**
Insurance claims are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are included as an
item of other income in the SoFA.
**Investment gains and losses**
This includes any realised or unrealised gains or losses on the sale of
investments and any gain or loss resulting from revaluing investments to
market value at the end of the year.|**Yes**
**No N/a**|**Yes**
**No N/a**|**Yes**
**No N/a**| |---|---|---|---| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| (cont) Section C: Notes to the accounts ## 2.3 Expenditure and liabilities |**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal
or constructive obligation committing the charity to pay out resources and the
amount of the obligation can be measured with reasonable certainty.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other
support. Governance costs comprise all costs involving public accountability of
the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity
cost categories on a basis consistent with the use of resources, eg allocating
property costs by foor areas, or per capita, staff costs by the time spent and
other costs by their usage.
**Grants with performance**
**conditions**
Where the charity gives a grant with conditions for its payment being
a specifc level of service or output to be provided, such grants are only
recognised in the SoFA once the recipient of the grant has provided the
specifed service or output.
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor
charity to realistically avoid the commitment, a liability for the full funding
obligation must be recognised.
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any
trade discounts
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then
subsequently measured at the best estimate of the amount required to settle
the obligation at the reporting date
**Basic fnancial instruments**
The charity accounts for basic fnancial instruments on initial recognition
as per paragraph 10.7 FRS 102 SORP. Subsequent measurement is as per
paragraphs 11.17 to 11.19, FRS 102 SORP.|**Yes**
**No N/a**|**Yes**
**No N/a**|**Yes**
**No N/a**| |---|---|---|---| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| (cont) Section C: Notes to the accounts |2.4 Assets
**Tangible fxed assets for use**
**by charity**
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
The depreciation rates and methods used are disclosed in note 14.
**Intangible fxed assets**
The charity has intangible fxed assets, that is, non-monetary assets that do
not have physical substance but are identifable and are controlled by the
charity through custody or legal rights. The amortisation rates and methods
used are disclosed in note 15.
They are valued at cost.
**Heritage assets**
The charity has heritage assets, that is, non-monetary assets with historic,
artistic, scientifc, technological, geophysical or environmental qualities that
are held and maintained principally for their contribution to knowledge and
culture. The depreciation rates and methods used as disclosed in note 16.
They are valued at cost.
**Investments**
Fixed asset investments in quoted shares, traded bonds and similar
investments are valued at initially at cost and subsequently at fair value
(their market value) at the year end. The same treatment is applied to
unlisted investments unless fair value cannot be measured reliably in which
case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash
equivalents with a maturity date of less than 1 year are treated as current
asset investments
**Stocks and work in progress**
Stocks held for sale as part of non-charitable trade are measured at the lower
or cost or net realisable value.
Goods or services provided as part of a charitable activity are measured at net
realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to
occur on the contract.
**Debtors**
Debtors (including trade debtors and loans receivable) are measured on
initial recognition at settlement amount after any trade discounts or amount
advanced by the charity. Subsequently, they are measured at the cash or
other consideration expected to be received.
**Current asset investments**
The charity has has investments which it holds for resale or pending their sale
and cash and cash equivalents with a maturity date less than one year. These
include cash on deposit and cash equivalents with a maturity date of less than
one year held for investment purposes rather than to meet short term cash
commitments as they fall due.
They are valued at fair value except where they qualify as basic fnancial instruments.|||| |---|---|---|---| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ||**Yes**
**No N/a**||| ||||| ## Section C: Notes to the accounts (cont) Policies adopted additional to or different from those above (cont) Section C: Notes to the accounts |Note 3: Analysis of income|Note 3: Analysis of income|||||| |---|---|---|---|---|---|---| |**Donations and**
**legacies:**
**Charitable**
**activities:**
**Other trading**
**activities:**
**Income from**
**investments:**
**Separate**
**material item of**
**income:**|**Analysis**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**||||| ||Donations and gifts|500000||||241000| ||Gift Aid|||||| ||Legacies|||||| ||General grants provided by
government/other charities|||||| ||Membership subscriptions and
sponsorships which are in substance
donations|||||| ||Donated goods, facilities and
services|||||| ||Other|||||| ||**Total**|500000||||241000| |||||||| |||||||| |||||||| |||||||| ||Other|||||| ||**Total**|||||| |||||||| |||||||| |||||||| |||||||| ||Other|||||| ||**Total**|||||| |||||||| ||Interest income|49||||49| ||Dividend income|||||318| ||Rental and leasing income|||||| ||Other|||||| ||**Total**|49||||367| |||||||| |||||||| |||||||| |||||||| |||||||| ||**Total**|||||| (cont) Section C: Notes to the accounts |**Analysis**
**Other:**
Conversion of endowment funds into
income
Gain on disposal of a tangible fxed
asset held for charity’s own use
Gain on disposal of a programme
related investment
Royalties from the exploitation of
intellectual property rights
Other
**Total**
**Total income**
**Other information:**
All income in the prior year was unrestricted
except for: (please provide description and
amounts)|**Analysis**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**|**Unrestricted**
**funds**
**£**
**Restricted**
**income funds**
**£**
**Endowment**
**funds**
**£**
**Total**
**funds**
**£**
**Prior year**
**funds**
**£**| |---|---|---|---|---|---|---| ||Conversion of endowment funds into
income|||||| ||Gain on disposal of a tangible fxed
asset held for charity’s own use|||||| ||Gain on disposal of a programme
related investment|||||| ||Royalties from the exploitation of
intellectual property rights|||||| ||Other|||||| |||||||| |||||||| |||500049||||241367| |||||||| |||ALL INCOME WAS UNRESTRICTED||||| |||||||| |Where any endowment fund is converted into
income in the reporting period, please give the
reason for the conversion.
Within the income items above the following
items are material: (please disclose the nature,
amount and any prior year amounts)||N/A||||| |||||||| |||N/A||||| Section C: Notes to the accounts ## (cont) ## Note 4: Analysis of receipts of government grants |Government grant 1
Government grant 2
Government grant 3
Other
_Please provide details of_
_any unfulflled conditions_
_and other contingencies_
_attaching to grants that_
_have been recognised in_
_income._
_Please give details of_
_other forms of government_
_assistance from which_
_the charity has directly_
_benefted._|**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||||| ||||| ||||| ||||| ||**Total**||| ||||| ||NO GOVERNMENT GRANTS||| ||||| ||
NONE||| (cont) Section C: Notes to the accounts ## Note 5: Donated goods, facilities and services **----- Start of picture text -----**
This year Last year
£ £
Seconded staff
Use of property
Other
Total 0 0
N/A
Please provide details of the accounting
policy for the recognition and valuation
of donated goods, facilities and services.
**----- End of picture text -----**
Please provide details of the accounting policy for the recognition and valuation of donated goods, facilities and services. Please provide details of any unfulfilled conditions and other contingencies attaching to resources from donated goods and services not recognised in income. ## N/A ## N/A Please give details of other forms of other donated goods and services not recognised in the accounts, eg contribution of unpaid volunteers. (cont) Section C: Notes to the accounts ## Note 6: Analysis of expenditure |**Expenditure on**
**raising funds:**
**Expenditure**
**on charitable**
**activities**
**Total**|**Analysis**|**Unrestricted**
**funds**|**Restricted**
**income funds**|**Endowment**
**funds**|**Total funds**|**Prior year**| |---|---|---|---|---|---|---| |||**£**|**£**|**£**|**£**|**£**| ||Incurred seeking donations|||||| ||Incurred seeking legacies|||||| ||Incurred seeking grants|||||| ||Operating membership schemes
and social lotteries|||||| ||Staging fundraising events|||||| ||Fundraising agents|||||| ||Operating charity shops|||||| ||Operating a trading company
undertaking non-charitable
tradingactivity|||||| ||Advertising, marketing, direct mail
and publicity|||||| ||Start up costs incurred in generating
new source of future income|||||| ||Database development costs|||||| ||Other trading activities|||||| ||Investment management costs:|||||| ||Portfolio management costs|||||| ||Cost of obtaining investment advice|||||| ||Investment administration costs|||||| ||Intellectual property licencing costs|||||| ||Rent collection, property repairs
and maintenance charges|||||| |||||||| ||**Total expenditure on raising funds**|||||| |||||||| ||GRANTS|166386|||166386|232069| ||POSTAGE|||||14| |||||||| |||||||| ||**expenditure on charitable activities**|166386|||166386|232083| (cont) Section C: Notes to the accounts |**Analysis**
**Separate material**
**item of expense**
**Total**
**Other**
**Total other expenditure**
**Total expenditure**
**Other information:**
**Analysis of expenditure on charitable activities**|**Analysis**|**Analysis**|**Unrestricted**
**funds**|**Restricted**
**income funds**|**Endowment**
**funds**|**Total funds**|**Prior year**| |---|---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**|**£**| ||||||||| ||||||||| ||||||||| ||||||||| ||**Total**||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||166386|||166386|232083| ||||||||| |**Activity or**
**programme**|**Activities undertaken directly**
**£**|||**Grant funding**
**of activities**
**£**|
**Support Costs**
**£**|**Total this**
**year**
**£**|**Total prior**
**year**
**£**| |Activity 1
Activity2|||||||| ||||||||| |Other|||||||| |**Total**||||166386||166386|232083| |Prior year expenditure on charitable
activities can be analysed as follows:|||||||| |||CHARITABLE GRANTS AND POSTAGE AS ABOVE|||||| Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts) (cont) Section C: Notes to the accounts ## Note 7: Extraordinary items _Please explain the nature of each extraordinary item occurring in the period._ |**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**|**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||**Total extrordinary items**||| (cont) Section C: Notes to the accounts ## Note 8: Funds received as agent _8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet._ |||**Amount received**|**Amount received**|**Amount paid out**|**Amount paid out**|**Balance held at period**
**end**|**Balance held at period**
**end**| |---|---|---|---|---|---|---|---| |**Description/name of party**|**Related party**
**(Yes or No)**|**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| |**Total**
_8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve_
_economies in the purchase of goods or services, please discose details of any balances outstanding_
_between any participating members._
**Balance held at period**
**end**
**This year**
**Last year**
**Description/name ofparty**
**£**
**£**|||||||| |||||||**Balance held at period**
**end**|| |||||||**This year**
**£**|**Last year**
**£**| |**Description/name ofparty**|||||||| ||||||||| ||||||||| ||||||||| ||||||||| ||||||||| |**Total**|||||||| (cont) Section C: Notes to the accounts ## Note 9: Support Costs _Please complete this note if the charity has analysed its expenses using activity categories and has support costs._ |_support costs._||||||| |---|---|---|---|---|---|---| |**Support cost (examples)**|**Raising**
**funds**
**£**|**Activity 1**
**£**|**Activity 2**
**£**|**Activity 3**
**£**|**Grand total**
**£**|**Basis of**
**allocation**| |||||||**(Describe**
**method)**| |Governance||||||| |||||||| |||||||| |||||||| |Other||||||| |**Total**||||||| _Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment._ (cont) Section C: Notes to the accounts ## Note 10: Details of certain items of expenditure ## 10.1 Fees for examination of the accounts _Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter ‘0’ in the appropriate box(es)._ ## **Independent examiner’s fees** **Assurance services other than audit or independent examination** 66 **Tax advisory fees** **Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner** **----- Start of picture text -----**
This year Last year
£ £
0 0
0 0
0 0
0 0
**----- End of picture text -----**
(cont) Section C: Notes to the accounts ## Note 11: Paid employees _Please complete this note if the charity has any employees._ ## 11.1 Staff Costs Salaries and wages Social security costs Pension costs (defined contribution scheme) Other employee benefits |**Total staff costs**|**This year**
**£**|**Last year**
**£**| |---|---|---| |||| |||| |||| |||| |||| Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party _Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter ‘true’ in the box provided._ No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000 **----- Start of picture text -----**
Band Number of employees
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109,999
Please provide the total amount paid to key
management personnel (includes trustees
and senior management) for their services to
the charity
This year Last year
11.2 Average head count in the year
Number Number
The parts of the charity in which the Fundraising
employees work Charitable Activities
Governance
Other
Total
**----- End of picture text -----**
(cont) Section C: Notes to the accounts 11.3 Ex-gratia payments to employees and others (excluding trustees) _Please complete if an ex-gratia payment is made._ **Please explain the nature of the payment** **Please state the legal authority or reason for making the payment** **Please state the amount of the payment (or value of any waiver of a right to an asset)** ## 11.4 Redundancy payments _Please complete if any redundancy or termination payment is made in the period._ **Total amount of payment** **The nature of the payment (cash, asset etc.)** **The extent of redundancy funding at the balance sheet date** **Please state the accounting policy for any redundancy or termination payments** (cont) Section C: Notes to the accounts Note 12: Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme. _12.1 Please complete this note if a defined contribution pension scheme is operated._ **----- Start of picture text -----**
Amount of contributions recognised in the
SOFA as an expense
Please explain the basis for allocating
the liability and expense of defined
contribution pension scheme between
activities and between restricted and
unrestricted funds.
**----- End of picture text -----**
_12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities._ Please confirm that altough the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan’s surplus or deficit and the implications, if any, for the reporting charity _12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan._ Describe the extent to which the charity can be liable to the plan for other entities’ obligations under the terms and conditions of the multi-employer plan (cont) Section C: Notes to the accounts ## Note 13: Grantmaking _Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken._ ## 13.1 Analysis of grants paid (included in cost of charitable activities) |**Analysis**|**Grants to**
**institutions**
**£**|**Grants to**
**individuals**
**£**|**Support costs**
**£**|**Total**
**£**| |---|---|---|---|---| |Activityorproject 1
GENERAL CHARITABLE|166
386|||166386| |Activityorproject 2||||| |Activityorproject 3||||| |Activityorproject 4||||| |**Total**|166386|||166386| _Please enter “Nil” if the charity does not identify and/or allocate support costs._ ## 13.2 Grants made to institutions **----- Start of picture text -----**
Please provide
Yes details of
My charity has made grants to particular institutions that are material in the charity’s URL.
context of its grantmaking. Details of the institution supported, purpose of the
grant and total paid to each institution is available on the charity’s web site. No Provide details
below
Total amount
Names of institution Purpose of grants paid
£
GRAVENEY VILLAGE HALL PLAY AREA 23000
BOUGHTON AND EASTWELL CRICKET CLUB NEW FACILITIES 20000
ALL SAINTS GRAVENEY HISTORIC BUILDING 25000
FAVERSHAM POOLS RECREATION FACILITY 25000
Total grants to institutions in reporting period 93000
Other unanalysed grants DETAILS IN ANNUAL REPORT 73386
Total grants paid 166386
**----- End of picture text -----**
(cont) Section C: Notes to the accounts ## Note 14: Tangible fixed assets _Please complete this note if the charity has any tangible fixed assets_ ## 14.1 Cost or valuation |At the beginning of the year
Additions
Revaluations
Disposals
Transfers *
**At end of the year**|**Freehold land**
**& buildings**
**£**|
**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor vehicles**
**£**|
**Fixtures,**
**fttings and**
**equipment**
**£**|**Total**
**£**| |---|---|---|---|---|---| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ## 14.2 Depreciation and impairments |****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
**At end of the year**|**SL or RB**|**SL or RB**|**SL or RB**|**SL or RB**|**SL or RB**|**Straight**
**Line (“SL”)**
**or Reducing**
**Balance**
**(“RB”)**| |---|---|---|---|---|---|---| |||||||| |||||||| |||||||| |||||||| |||||||| |||||||| |||||||| ## 14.3 Net book value Net book value at the beginning of the year Net book value at the end of the year ## 14.4 Impairment _Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss._ (cont) ## Section C: Notes to the accounts **----- Start of picture text -----**
14.5 Revaluation
If an accounting policy of revaluation is adopted, please provide:
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied and significant assumptions
the carrying amount that would have been recognised had the assets
been carried under the cost model.
14.6 Other disclosures
(i) Please state the amount of borrowing costs, if any, capitalised in the
construction of tangible fixed assets and the capitalisation rate used.
(ii) Please provide the amount of contractual commitments for the
acquisition of tangible fixed assets.
(iii) Details of the existence and carrying amounts of property, plant
and equipment to which the charity has restricted title or that are
pledged as security for liabilities.
* The “transfers” row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB
= reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated
life of the asset (in years); for reducing balance, what is the percentage annual deduction.
**----- End of picture text -----**
(cont) Section C: Notes to the accounts ## Note 15: Intangible assets _Please complete this note if the charity has any intangible assets_ ## 15.1 Cost or valuation At beginning of the year Additions Disposals Revaluations Transfers * At end of the year |**Research &**
**development**
**£**|**Patents and**
**trademarks**
**£**|**Other**
**£**|**Total**
**£**| |---|---|---|---| ||||| ||||| ||||| ||||| ||||| ||||| ## 15.2 Amortisation and impairments |****Basis**
**** Rate**
At beginning of the year
Disposals
Amortisation
Impairment
Transfers*
At end of year|**SL or RB**|**SL or RB**|**SL or RB**|**SL or RB**|**Straight**
**Line (“SL”)**
**or Reducing**
**Balance**
**(“RB”)**| |---|---|---|---|---|---| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ## 15.3 Net book value Nat book value at the beginning of the year Net book value at the end of the year ## 15.4 Accounting policy _Please disclose the accounting policy for intangible fixed assets including:_ _Reasons for choosing amortisation rates_ _Policies for the recognition of any capital development_ (cont) Section C: Notes to the accounts **----- Start of picture text -----**
15.5 Impairment
Please provide a description of the events and circumstances that led
to the recognition or reversal of an impairment loss.
15.6 Revaluation
If an accounting policy of revaluation is adopted, please provide:
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied
the carrying amount that would have been recognised had the assets
been carried under the cost model.
15.7 Other disclosures
(i) If your intangible asset was acquired by way of grant, provide
value on initial recognition and carrying amount of the asset.
(ii) Details of the carrying amounts of any intangible assets to
which the charity has restricted title or that are pledged as security
for liabilities.
(iii) Please provide the amount of contractual commitments for the
acquisition of intangible assets.
(iv) State the amount of research and development expenditure
recognised as expenditure in the year.
(vi) Please detail the headings in the SOFA in which a charge for
amortisation of intangible assets is included.
(vii) For any material intangible assets, please provide a description,
its carrying amount and any remaining amortisation period.
* The “transfers” row is for movements between fixed asset categories.
**----- End of picture text -----**
_**** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction.**_ (cont) Section C: Notes to the accounts ## Note 16: Heritage assets _Please complete this note if the charity has heritage assets_ ## 16.1 General disclosures for all charities holding heritage assets **(i) Explain the nature and scale of heritage assets held. (ii) Explain the policy for the acquisition, preservation, management and disposal of heritage assets.** ## 16.2 Cost or valuation |At beginning of the year
Additions
Disposals
Revaluations
Transfers *
**At end of the year**
6.3 Depreciation and impairments
****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
**At end of year**|**Heritage**
**asset 1**
**£**|**Heritage**
**asset 2**
**£**|**Heritage**
**asset 3**
**£**|**Heritage**
**asset 4**
**£**|**Total**
**£**| |---|---|---|---|---|---| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ## 16.3 Depreciation and impairments (cont) Section C: Notes to the accounts ## 16.4 Net book value Net book value at the beginning of the year Net book value at the end of the year ## 16.5 Impairment _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ ## 16.6 Revaluation _If an accounting policy of revaluation is adopted, please provide:_ _the effective date of the revaluation_ _the name of independent valuer, if applicable_ _qualifications of independent valuer_ _the methods applied and significant assumptions_ _any significant limitations on the valuation_ 16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation |Carrying amount at the beginning of the period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period|**At**
**valuation**
**Group A**
**£**|**At cost**
**Group B**
**£**|**Total**
**£**| |---|---|---|---| ||||| ||||| ||||| ||||| ||||| ||||| (cont) Section C: Notes to the accounts ## 16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet) **(i) Explain the reason why heritage assets have not been recognised on the balance sheet.** **(ii) Describe the significance and nature of heritage assets.** **(iii) Disclose information that is helpful in assessing the value of heritage assets.** - **(iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.** ## 16.9 Five year summary of heritage assets transactions ||**2015**|**2014**|**2013**|**2012**|**2011**| |---|---|---|---|---|---| |**Purchases**
Group A
Group B
Group C
Other
**Donations**
Group A
Group B
Group C
Other
**Total additions**
**Charge for impairment**
Group A
Group B
Group C
Other
**Total charge for impairment**
**Disposals**
Group A - carrying amount
Group B - carrying amount
Group C
Other
**Total disposals**|**£**|**£**|**£**|**£**|**£**| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| (cont) Section C: Notes to the accounts ## Note 17: Investment assets _Please complete this note if the charity has any investment assets._ ## 17.1 Fixed assets investments (please provide for each class of investment) **----- Start of picture text -----**
Cash & cash Listed Investment Social
Other Total
equivalents investments properties investments
Carrying (fair) value at beginning of period
Add : additions to investments during period*
Less : disposals at carrying value
Less : impairments
Add: Reversal of impairments
Add/(deduct): transfer in/(out) in the period
Add/(deduct) : net gain/(loss) on revaluation
Carrying (fair) value at end of year
**----- End of picture text -----**
*Please specify additions resulting from acquisitions through business combinations, if any. _Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm’s length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees’ or valuers’ best estimate of fair value._ 17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment. |**Analysis of investments**
Cash or cash equivalents
Listed investments
Investment properties
Social investments
Other investments
**Total**
**Grand total (Fair value at year end+Cost less impairment)**||| |---|---|---| ||**Fair value at year end**|**Cost less impairment**| ||**£**|**£**| |||| |||| |||| |||| |||| |||| |||| (cont) Section C: Notes to the accounts ## 17.3 If your charity holds investment properties, please complete the following note: **(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity (ii) Name or independent valuer, if applicable, and relevant qualifications (iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds (iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements** ## 17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet. |**Analysis of current asset investments**
Cash or cash equivalents
Listed investments
Investment properties
Social investments
Other investments
**Total**|**This year**|**Last year**| |---|---|---| ||**£**|**£**| |||| |||| |||| |||| |||| |||| ## 17.5 Guarantees Please provide details and amount of any guarantee made to or on behalf of a third party Name of the entity or entities benefitting from those guarantees Please explain how the guarantee furthers the charity’s aims (cont) Section C: Notes to the accounts |17.6 Concessionary loans
Amount of concessionary loans made
_(Multiple loans made may be disclosed in_
_aggregate provided that such aggregation_
_does not obsure signifcant information)_.
**_Total_**
Amount of concessionary loans received
_(Multiple loans received may be disclosed in_
_aggregate provided that such aggregation_
_does not obsure signifcant information)._
**_Total_**
Terms and conditions eg interest rate, security provided
Value of any concessionary loans which have been
committed but not taken up at the reporting date
Amounts payable within 1 year
Amounts payable after more than 1 year
Amounts receivable within 1 year
Amounts receivable after more than 1 year||||| |---|---|---|---|---| |||**Description**|**This year**
**£**|**Last year**
**£**| |||||| |||||| |||||| |||||| ||**_Total_**|||| |||||| |||**Description**|**This year**
**£**|**Last year**
**£**| |||||| |||||| |||||| ||**_Total_**|||| |||||| |||||| |||||| |||||| |||||| |||||| (cont) ## Section C: Notes to the accounts ## 17.7 Additional information Please provide information about the significance of investments to the charity’s financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk. For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique. Where a charity has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge. (cont) Section C: Notes to the accounts ## Note 18: Stocks _Please complete this note if the charity holds any stock items_ ## 18.1 Please state the carrying amount of stock and work in progress analysed between activities. |**Charitable activities:**
_Opening_
_Added in period_
_Expensed in period_
_Impaired_
_Closing_
**Other trading activities:**
_Opening_
_Added in period_
_Expensed in period_
_Impaired_
_Closing_
**Other:**
_Opening_
_Added in period_
_Expensed in period_
_Impaired_
_Closing_
**Total this year**
**_Total previous year_**|**Stock**|**Stock**|**Donated goods**|**Donated goods**|**Work in**
**progress**| |---|---|---|---|---|---| ||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**|| ||**£**|**£**|**£**|**£**|**£**| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| ||||||| 18.2 Please specify the carrying amount of any stocks pledged as security for liabilities (cont) Section C: Notes to the accounts ## Note 19: Debtors and prepayments _Please complete this note if the charity has any debtors or prepayments._ ## 19.1 Analysis of debtors Trade debtors Prepayments and accrued income Other debtors |**Total**|**This year**
**£**|**Last year**
**£**| |---|---|---| |||| |||| |||| |||| _Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date._ ## 19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above) |Trade debtors
Prepayments and accrued income
Other debtors
**Total**|**This year**
**£**|**Last year**
**£**| |---|---|---| |||| |||| |||| |||| (cont) Section C: Notes to the accounts ## Note 20: Creditors and accruals _Please complete this note if the charity has any creditors or accruals._ ## 20.1 Analysis of creditors |-
**Total**|**Amounts falling due within**
**one year**|**Amounts falling due within**
**one year**|**Amounts falling due after**
**more than one year**|**Amounts falling due after**
**more than one year**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| Accruals for grants payable Bank loans and overdrafts ## Trade creditors Payments received on account for contracts or performancerelated grants Accruals and deferred income Taxation and social security Other creditors ## 20.2 Deferred income _Please complete this note if the charity has deferred income._ _Please explain the reasons why income is deferred._ ## _Movement in deferred income account_ _Movement in deferred income account_ **This year Last year £ £** Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period (cont) Section C: Notes to the accounts ## Note 21: Provisions for liabilities and charges _Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount._ ## 21.1 Please provide: - a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments; - an indication of the uncertainties about the amount or timing of those outflows; and - the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement. ## 21.2 Movements in recognised provisions and funding commitment during the period **----- Start of picture text -----**
This year Last year
£ £
Balance at the start of the reporting period
Amounts added in current period
Amounts charged against the provision in the current period
Unused amounts reversed during the period
Balance at the end of the reporting period
**----- End of picture text -----**
21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified). 21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure. Section C: Notes to the accounts (cont) Note 22: Other disclosures for debtors, creditors and other basic financial instruments 22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity’s financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk. **----- Start of picture text -----**
N/A
**----- End of picture text -----**
22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here. (cont) Section C: Notes to the accounts ## Note 23: Contingent liabilities and contingent assets ## 23.1 Contingent liabilities Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote. |existence is remote.|| |---|---| |**Description of item including its legal nature. Please describe**
**any security provided in connection to the liability.**|**Estimate of fnancial effect**| ||| ||| ||| ||| ## 23.2 Contingent assets Where the charity has contingent assets, please complete the following section when their existence is probable **Description of item Estimate of financial effect** ## 23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable: Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement Where it is not practical to make one or more of these disclosures, please state this fact (cont) Section C: Notes to the accounts ## Note 24: Cash at bank and in hand |Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand
Other
**Total**|**This year**
**£**|**Last year**
**£**| |---|---|---| |||| |||| ||409083|75420| |||| ||409083|75420| (cont) ## Section C: Notes to the accounts ## Note 25: Fair value of assets and liabilities 25.1 Please provide details of the charity’s exposure to credit risk (the risk of incurring a N/A - NONE loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks. N/A - NONE 25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk. (cont) Section C: Notes to the accounts ## Note 26: Events after the end of the reporting period _Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period._ N/A Please provide details of the nature of the event Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made (cont) Section C: Notes to the accounts ## Note 27: Charity funds ## 27.1 Details of material funds held and movements during the CURRENT reporting period _Please give details of the movements of material individual funds in the reporting period together with a balancing figure for ‘Other funds’. The ‘Total funds’ figure below should reconcile to ‘Total funds’ in the blanace sheet._ _* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds_ |**Fund names**|**Type**
**PE, EE**
**R or**
**UR ***|
**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |---|---|---|---|---|---|---|---|---| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| |||||||||| |Other funds|**N/a**|**N/a**||||||| |**Total Funds**||||||||| (cont) Section C: Notes to the accounts ## 27.2 Details of material funds held and movements during the PREVIOUS reporting period _Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet._ _* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds_ |**Fund names**|**Type**
**PE, EE**
**R or**
**UR ***|
**Purpose and**
**Restrictions**|
**Purpose and**
**Restrictions**|**Fund**
**balances**
**brought**
**forward**|**Income**|**Expenditure**|**Transfers**|**Gains and**
**losses**|**Gains and**
**losses**|**Fund**
**balances**
**carried**
**forward**| |---|---|---|---|---|---|---|---|---|---|---| |||||**£**|**£**|**£**|**£**|**£**||**£**| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |||||||||||| |**Other funds**|**N/a**|**N/a**||||||||| |**Total Funds**
27.3 Transfers between funds||||||||||| ||||**Reason for transfer and where endowment is converted to income, legal**
**power for its conversion**||||||**Amount**|| |**Between unrestricted and**
**restricted funds**||||||||||| |**Between endowment and**
**restricted funds**||||||||||| |**Between endowment and**
**unrestricted funds**||||||||||| |||||||||||| (cont) Section C: Notes to the accounts ## 27.4 Designated funds |27.4 Designated funds||| |---|---|---| |**Planned use**|**Purpose of the designation**|**Amount**| |||| |||| |||| |||| |||| |||| (cont) Section C: Notes to the accounts ## Note 28: Transactions with trustees and related parties _If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or “False” if there are transactions to report._ ## 28.1 Trustee remuneration and benefits None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False) **----- Start of picture text -----**
TRUE
**----- End of picture text -----**
_In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it._ **----- Start of picture text -----**
Amounts paid or benefit value
This year Last year
Legal authority
Name of trustee (eg order, Remuneration Pension Redundancy Other TOTAL
governing contribution (including
document)
loss of office)/
ex gratia
£ £ £ £
Please give details of why remuneration or
N/A
other employment benefits were paid.
Where an ex gratia payment has been made to
a trustee, provide an explanation of the nature
of the payment.
**----- End of picture text -----**
(cont) Section C: Notes to the accounts ## 28.2 Trustees’ expenses _If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter “False”._ |_are transactions to report, please enter “False”._||| |---|---|---| |No trustee expenses have been incurred (True or False)||TRUE| |||| |**Type of expenses reimbursed**|**This year**|**Last year**| ||**£**|**£**| |Travel||| |Subsistence||| |Accommodation||| |Other (please specify):||| |||| |**TOTAL**||| **Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity** ## 28.3 Transaction(s) with related parties _Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter ‘true’ in the box provided._ There have been no related party transactions in the reporting period (True or False) **----- Start of picture text -----**
TRUE
**----- End of picture text -----**
|**Name of the trustee or**
**related party**|**Relationship**
**to charity**|**Description of the**
**transaction(s)**|**Amount**|**Balance at**
**period end**|**Provision for**
**bad debts at**
**period end**|**Amounts**
**written**
**off during**
**reporting**
**period**| |---|---|---|---|---|---|---| ||||**£**|**£**|**£**|**£**| |||||||| |||||||| |||||||| |||||||| _In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement._ _For any related party, please provide details of any guarantees given or received._ ## Section C: Notes to the accounts ## (cont) ## Note 29: Additional disclosures The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet. N/A - NONE ## **Independent examiner's report to the Trustees of Edward Vinson 1957 Charity Settlement ('the Charity')** I report to the Charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2021. ## **Responsibilities and basis of report** As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the Charity'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 2011 Act. ## **Independent examiner's statement** Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. 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. This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. Signed: Dated: 24 January 2022 Andrew Dunn FCA Page 1