## |Objectives andActiviti|es|| |---|---|---| ||SORPreference|| |Summaryofthepurposesof|Para1.17|Tomake grants in accordancewith the| |thecharity as setoutinits||TrustDeed| |governing document||| |Summaryofthemain
activitiesinrelation to those|Para1.17and
1.19|The OldEleansCharitableTrust(TheTrust)isan
unincorporatedgrantmakingcharity| |purposes forthepublic||establishedbyTrustDeed,whosepurposeisfor| |benefit, inparticular,the||theadvancement of educationand religion,the| |activities, projectsor||reliefofpovertyandothercharitablepurposes| |servicesidentifiedinthe||of currentand expupilsoftheKingsSchool,Ely.| |accounts.||| |Statement confirming|Para1.18|Wehave had regard to the guidance| |whether thetrusteeshave||| |had regard totheguidance||| |issuedbytheCharity||| |Commission on public||| |benefit||| ## ||SORP reference|| |---|---|---| |||Thecharity donated funds for the Kings| |||SchoolElytopurchaseaskull(boat)to| |||facilitate sportforexisting students.| |Summary ofthemain||| |achievementsofthe charity,||Wealsopaidforamemorial seatintheOld| |identifying the difference the|Para1.20|Eleans Garden| |charity'sworkhas made to the||| |circumstancesofits||| |beneficiaries and anywider||| |benefits to society asawhole.||| ## |Achievementsagainst||| |---|---|---| |objectivesset|Para1.41|| |||We receivedt40kfrom the OldEleansClub| |||asadonation to fundalong term| |Performanceoffundraising||investmentaimed atprovidingincomeand| |activities against objectivesset||growth tofundgrant making| ||Para1.41|| |||Welnvestedf40kwith the Quilterc lncome &| |||GrowthFundforCharitiesinaccordance| |Investment performance||with ourinvestmentpolicyin November| |against objectives|Para1.41|2022| |Other||| ## |Financial Review|||| |---|---|---|---| |Reviewofthech
arity's|Para1.21|WefretOf42968in reserves at year end|| |financialpositionatthe end|||| |ofthe
Statement exPlainingthe
policyforholding reserves
stating whytheYareheld|Para1.22|Heldtoprovide working
invested fundstomatch inflation and
provide income andgrowth tofundgrant
capital and|| |Amount ofreservesheld|Para1.22|Asabove|| |Reasonsforholdingzero|Para1.22|N/A|| |reserves|||| |Details offundmateriallYin|Para1.24|N/A|| |deficit|||| |Explanationofany|Para1.23|NIA|| |uncertainties about the|||| |charity continuing asagoing|||| |concern|||| |Additionalinformation (optional)|||| |You
choosetoinclude further statements||whererelevantabout:|| |||Donations & investment|income| |The charity'sprincipal|||| |sourcesoffunds(including|||| |any fundraising)|Para1.47||| |||Thefinancial objectiveofthe Trustistoatleast|| |||maintainthereal value of|theassetswhilst| |lnvestmentpolicy and||generatingastable and sustainablereturnto|| |objectivesincluding any
socialinvestment policy
adopted|Para1.46|fund grantmaking. Theinflationmeasuremost
relevant to the Trust's expenditureisthe
Consumer Price lndex.|| |||lnflation|| |Adescription oftheprincipal|||| |risks facingthecharity|Para1.46||| |Other|||| ## |Structure,Governance|and Man|agement| |---|---|---| |Description of charity's||| |trusts:||| |Typeof governing document|Para1.25|TrustDeed| |(trustcieed,rcvalcharler)||| |Howisthecharity|Para 1.25|Unincorporated CharitableTrust| |constituted?||| |(e.g unincorporated||| |associat!on, CIC)||| |Trustee selection methods|Para1.25|Trusteesare appointedbythecommitteeof| |including detailsofany||the OldEleans Clubtoinclude the| |constitutional provisionse.g.||PresidentoftheClub as Chair&The| |electiontopostornameof||TreasureroftheClub+a minimumof1| |anyperson or body entitled||furtherClub Committee member and up to| |toappoint one or more||3further Trustees| |trustees||| ## |Additionalinformation (optional)|Additionalinformation (optional)| |---|---| |You
choosetoincludefurtherstatementswhererelevant about:|| ||N/A| |Policies and procedures|| |adopted fortheinduction|Para1.51| |and training of trustees|| ||The Charityshouldhaveaminimum of one| ||meeting peryear| |Thecharity's organisational|| |structure and anywider|Para1.51| |network with whichthe|| |charityworks|| |Relationshipwithany|Para1.51| |related parties|| |Other|| ## |ReferenceandAdmini|strative details| |---|---| |Charityname|TheOId Eleans CharitableTrust| |Other name thecharityuses|| |Registeredcharitynumber|3LL439| |Charity'sprincipal address|8 MountTemple,Romsey, Hants,SO51 sUW.| ||Charitable activityisbasedatKingsSchool,Ely, Cambs| ## |mes|ofthecharity trus|tees whomanageth|e charity|||| |---|---|---|---|---|---|---| ||||Dates acted|notfor whole|NameofPerson(or body)entitled|| ||Trusteename|Office{ifanY)|vear||to|trustee| |1|Robert Le Grice|Treasurer|||Committee ofOldEleans
Club|| ||||||(|| |2|Jeremy Savage|||||| |3|TrevorBedford|||||| |4|Mark \Mlkinson|||||| |5|JoDick||From2219122|||| |6|Mark Southwell|Chairman|From2219122|||| |7|RoyWood||To2219122|||| |I|David Palmer||To2219/22||t|| |9||||||| |10||||||| |11||||||| |12||||||| |13||||||| |14||||||| |15||||||| |16||||||| |17||||||| |18||||||| |19||||||| |20||||||| ## |Funds held ascustodian trustees onbehalfof others|Funds held ascustodian trustees onbehalfof others| |---|---| |Descriptionoftheassets|N/A| |heldinthiscapacity|| |Name and objects of the|N/A| |charity onwhosebehalf the|| |assets are held andhowthis|| |falls withinthecustodian|| |charity'sobjects|| |Detailsofarrangementsfor|N/A| |safe custody and|| |segregation ofsuchassets|| |fromthecharity's own|| |assets|| ## ## |Names anda|ddresses of advise|rs (Optionalinform| |---|---|---| |Typeof|Name|Address| |adviser||| |Accountant|AndrewBorland|75NewnhamStreet| |||Elv| |||CambsCB74PQ| |lnvestment|Quilter Cheviot|| |||Senator House| |||85 Queen Victoria| |||Street| |||London| |||EC4V 4AB| ## ## ## OLD ELEANS' CHARITABLE TRUST ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2023 1 ## **Independent Examiners Report to the Trustees of The Old Eleans' Charitable Trust** ## **Charity Number – 311439** We report on the accounts of the Association for the year ended 5[th] April 2023 Respective responsibilities of trustees and examiner. The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:- - examine the accounts under section 145 of the Charities Act. - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act; and - to state whether particular matters have come to my attention. Basis of independent examiner’s report. My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## Independent examiner’s statement **.** In connection with my examination, no matter has come to my attention: - 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - - to keep accounting records in accordance with section 130 of the Charities Act. - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. A Borland F.C.A. 75 Newnham Street Ely Cambs CB7 4PQ Dated – ______________ ## OLD ELEANS' CHARITABLE TRUST ## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APRIL 2023 |Receipts:-
Bank Deposit Interest
Quilter Interest
Quilter Dividend
Quilter Surplus
Old Eleans Club
Payments :-
Bank Charges
Lecture Fees
Grants
Surplus of Receipts over Payments
Fund Balances b/fwd
Fund Balances c/fwd|2023
7
16
155
155
47,000
47,333
90
-
7,000
40,243
(11,814)
£28,429|_2022_
-
-
-
-
_-_
-
_15_
_-_
-
_(15)_
_(11,799)_
_£(11,814)_| |---|---|---| |OLD ELEANS' CHARITABLE TRUST
BALANCE SHEET AS AT 5TH APRIL 2023
Current Assets
Cash at Bank and in Hand
Investments
Debtors
Current Liabilities:- Payable within one Year
Creditors
Funds
Accumulated Income Fund
Scholarship Fund
Leonard Osmond Memorial Fund|3
2023
_2022_
2,642
_2,725_
40,326
-
-
_-_
42,968
2,_725_
-
_-_
£42,968
_£2,725_
28,429
_(11,814)_
13,410
_13,410_
1,129
_1,129_
£42,968
_£2,725_| |---|---| Approved by the Board of Trustees on ______________ and signed on its behalf by M Hawes R Le Grice President Treasurer ## OLD ELEANS' CHARITABLE TRUST ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2023 1 ## **Independent Examiners Report to the Trustees of The Old Eleans' Charitable Trust** ## **Charity Number – 311439** We report on the accounts of the Association for the year ended 5[th] April 2023 Respective responsibilities of trustees and examiner. The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:- - examine the accounts under section 145 of the Charities Act. - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act; and - to state whether particular matters have come to my attention. Basis of independent examiner’s report. My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. ## Independent examiner’s statement **.** In connection with my examination, no matter has come to my attention: - 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - - to keep accounting records in accordance with section 130 of the Charities Act. - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. A Borland F.C.A. 75 Newnham Street Ely Cambs CB7 4PQ Dated – ______________ ## OLD ELEANS' CHARITABLE TRUST ## STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APRIL 2023 |Receipts:-
Bank Deposit Interest
Quilter Interest
Quilter Dividend
Quilter Surplus
Old Eleans Club
Payments :-
Bank Charges
Lecture Fees
Grants
Surplus of Receipts over Payments
Fund Balances b/fwd
Fund Balances c/fwd|2023
7
16
155
155
47,000
47,333
90
-
7,000
40,243
(11,814)
£28,429|_2022_
-
-
-
-
_-_
-
_15_
_-_
-
_(15)_
_(11,799)_
_£(11,814)_| |---|---|---| |OLD ELEANS' CHARITABLE TRUST
BALANCE SHEET AS AT 5TH APRIL 2023
Current Assets
Cash at Bank and in Hand
Investments
Debtors
Current Liabilities:- Payable within one Year
Creditors
Funds
Accumulated Income Fund
Scholarship Fund
Leonard Osmond Memorial Fund|3
2023
_2022_
2,642
_2,725_
40,326
-
-
_-_
42,968
2,_725_
-
_-_
£42,968
_£2,725_
28,429
_(11,814)_
13,410
_13,410_
1,129
_1,129_
£42,968
_£2,725_| |---|---| Approved by the Board of Trustees on ______________ and signed on its behalf by M Hawes R Le Grice President Treasurer