THE WOOTTON GRANGE CHARITABLE TRUST
REPORT AND ACCOUNTS
for the year ended
31 March 2021
THE WOOTTON GRANGE CHARITABLE TRUST INDEX TO THE ACCOUNTS for the year ended 31 March 2021
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Pages
Trustees’ report 3 – 4
Independent Examiner’s report 5
Statement of financial activities 6
Balance sheet 7
Notes to the accounts 8 -9
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THE WOOTTON GRANGE CHARITABLE TRUST
TRUSTEES’ REPORT for the year ended 31 March 2021
| SETTLORS | Allan F Simmons and others |
|---|---|
| TRUSTEES | Allan F Simmons |
| Elizabeth A Simmons | |
| Jonathan M H Simmons | |
| Alexander W Simmons | |
| Katie A Griffiths | |
| CREATED | 21 August 1986 |
| CHARITY NUMBER | 327143 |
| REGISTERED OFFICE | North End Cottage, North End, Damerham, |
| Hampshire SP6 3HA | |
| INDEPENDENT EXAMINER | Susan Wintle |
| SOLICITORS | Laceys, Bournemouth |
| BANKERS | CafCash Ltd |
The Trustees present their report together with the accounts for the year ended 31 March 2021.
OBJECTS OF THE CHARITY
The Trustees hold the capital and income on trust to apply as they think fit for the purposes which are exclusively charitable.
SUMMARY OF POLICIES
To make charitable donations from the income of the Trust, in particular with a view to advancing religion and education, protecting health and relieving sickness, poverty and distress. Any income not distributed in any one year and undistributed reserves will be carried forward.
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THE WOOTTON GRANGE CHARITABLE TRUST
TRUSTEES’ REPORT for the year ended 31 March 2021 (continued)
CHARITY ORGANISATION
The day to day administration of the trust is carried out by A F Simmons.
APPOINTMENT OF TRUSTEES
New Trustees are nominated by existing Trustees and appointed by their unanimous consent.
TRUSTEES’ REMUNERATION
No Trustee received any remuneration in respect of their services during the year (2020 Nil). Expenses incurred by the Trustees in performance of their duties were reimbursed during the year.
No Trustee had any beneficial interest in any contract with the Charity during the year.
REVIEW OF ACTIVITIES
The Trustees have continued to receive donations under the Gift Aid Scheme during the year together with other donations and a small amount of interest on deposits. The income received has been donated predominantly to various charities and individuals involved in Christian Ministry, both in the UK and overseas. The Trustees look to relieve poverty and advance the Christian faith and social benefit, wherever possible. The Trust’s interests in property are occupied by retired or currently active Christian workers.
FUTURE DEVELOPMENTS
The Trustees will continue to support the work of Charities, voluntary organisations and individuals.
SUMMARY OF INVESTMENT POWERS
The Trustees may invest trust moneys in stocks, funds, shares and securities or other investments or property (real or personal) of whatever nature and wheresoever situate.
Signed……………………………………………. A F Simmons (Trustee)
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Independent examiner’s report to the trustees of The Wootton Grange Charitable Trust
I report on the accounts of the Settlement for the year ended 31 March 2021 which are set out on pages 6 to 8.
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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:
• examine the accounts under section 145 of the 2011 Act
• to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act
• 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 next statement.
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 2011 Act and
• to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 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.
Signed………………………………………. Sue Wintle (Independent Examiner)
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THE WOOTTON GRANGE CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2021
INCOMING RESOURCES Unrestricted Funds Gift aid donations Bank deposit interest Tax repayment Other donations Profit from sale of 34 Downview Court, Worthing_(note 3) RESOURCES USED Unrestricted Funds Direct charitable expenditure Donations granted(note 4)_ - Ad hoc - Standing Orders Professional fees and Bank charges NET INCOMING/(OUTGOING) RESOURCES for the year Fund balances brought forward at 1 April 2020 Fund balances carried forward at 31 March 2021 |
2021 6,000 9 - - 90,351 -------- 96,360 39,300 10,500 73 49,873 46,487 298,297 344,784 |
2020 4,700 11 - 24,688 - -------- 29,399 16,600 360 16,960 12,439 285,858 298,297 |
|---|---|---|
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THE WOOTTON GRANGE CHARITABLE TRUST
BALANCE SHEET at 31 March 2021
Equitable interests – 50 York Rd, Broadstone 34 Downview Court, Worthing 19 Hardy Road, Ferndown Flat 12, Branksea Grange Poole CURRENT Assets & Liabilities Cash Tax refund due Other debtors Creditors FUNDS Unrestricted funds (page 6) |
2021 2020 75,000 75,000 - 32,885 25,000 25,000 150 ,000 150 ,000 250,000 282,885 94,784 15,492 - - - - 94,784 15,492 £344,784 £298,297 £344,784 £298,297 |
|---|---|
Approved by the board of Trustees on
And signed on its behalf by ……………………………….A F Simmons - Trustee
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THE WOOTTON GRANGE CHARITABLE TRUST Year to 31 March 2021
Notes to the Accounts
Note 1. Basis of Accounting
These accounts have been prepared on the basis of historic cost.
Note 2. Accounting Policies
INCOMING RESOURCES
Recognition of Incoming Resources: These are included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources.
Donations Received: Donations are only included in the SoFA when the charity has unconditional entitlement to the resources.
Tax Repayments: Income resources from tax repayments are included in the SoFA when the charity has received them.
Profits/Losses from the Sale of Equitable interests are calculated by comparing the net sale proceeds with the cost as reflected on the Balance sheet.
EXPENDITURE AND LIABILITIES
Liability Recognition: Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
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THE WOOTTON GRANGE CHARITABLE TRUST
Year to 31[st] March 2021
Note 3: Profit on Sale of 34 Downview Court, Worthing
| Sale Proceeds received | £123,694 |
|---|---|
| Less: Lacey’s Solicitor fees | £(458) |
| Less: Costs per balance sheet | £(32,885) |
| Net Profit | £90,351 |
Note 4: Schedule of Donations
Ongoing – paid by Standing Order
| Juniper Trust | £1,200 |
|---|---|
| SOAR Trust | £1,900 |
| Faithworks Wessex | £1,400 |
| Christ Church Westbourne | £3,000 |
| St Mary’s Longfleet | £3,000 |
| Total | £10,500 |
| Ad-Hoc donations | |
| Testwood Baptist Church | £4,000 |
| T Symonds OMF | £250 |
| Oak Hill College | £5,000 |
| RNLI | £10,000 |
| Edinburgh Missionary Society | £5,000 |
| Fields of Life | £10,000 |
| Tear Fund | £5,000 |
| Alabare | £50 |
| Total | £39,300 |