THE WOOTTON GRANGE CHARITABLE TRUST
REPORT AND ACCOUNTS
for the year ended
31 March 2023
2
THE WOOTTON GRANGE CHARITABLE TRUST INDEX TO THE ACCOUNTS for the year ended 31 March 2023
Trustees’ report Statement of financial activities Balance sheet Notes to the accounts |
Pages 3 – 4 5 6 7 - 8 |
|---|---|
3
THE WOOTTON GRANGE CHARITABLE TRUST
TRUSTEES’ REPORT for the year ended 31 March 2023
| 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 2023.
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.
4
THE WOOTTON GRANGE CHARITABLE TRUST
TRUSTEES’ REPORT for the year ended 31 March 2023 (continued)
CHARITY ORGANISATION
The day to day administration of the trust is carried out by A F and Mrs E A 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 (2022: 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)
5
THE WOOTTON GRANGE CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2023
INCOMING RESOURCES Unrestricted Funds Gift aid donations_(note 3) Gift aid tax repayment received Bank deposit interest Other donations RESOURCES USED Unrestricted Funds Direct charitable expenditure Donations granted(note 4)_ - Ad hoc - Standing Orders Bank charges Professional Fees NET INCOMING/(OUTGOING) RESOURCES for the year Fund balances brought forward at 1 April 2022 Fund balances carried forward at 31 March 2023 |
2023 5,000 51,125 977 - -------- 57,102 165,210 10,800 88 2,800 178,898 (121,796) 460,104 338,308 |
2022 204,500 4,042 26 - -------- 208,568 80,739 11,800 109 600 93,248 115,320 344,784 460,104 |
|
|---|---|---|---|
6
THE WOOTTON GRANGE CHARITABLE TRUST
BALANCE SHEET at 31 March 2023
| 2023 | 2022 | |
|---|---|---|
| Equitable interests – | ||
| 50 York Rd, Broadstone | 75,000 | 75,000 |
| 19 Hardy Road, Ferndown | 25,000 | 25,000 |
| Flat 12, Branksea Grange Poole | 150 ,000 |
150 ,000 |
| 250,000 | 250,000 | |
| CURRENT Assets & Liabilities | ||
| Cash |
88,308 | 210,104 |
| Tax refund due | - | - |
| Other debtors | - | - |
| 88,308 | 210,104 | |
| Creditors | ||
| £88,308 | £460,104 | |
| FUNDS | ||
| Unrestricted funds (page 6) | £338,308 | £460,104 |
| Approved by the board of Trustees on | ||
| And signed on its behalf by ……………………………….A F | Simmons - Trustee |
THE WOOTTON GRANGE CHARITABLE TRUST Year to 31 March 2023
7
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.
Note 3. Gift Aid donations
Donation from Ben Griffiths £5,000 Donation from Chris Appleton nil Total £5,000
THE WOOTTON GRANGE CHARITABLE TRUST
8
Year to 31[st] March 2023
Note 4: Schedule of Donations
Ongoing – paid by Standing Order
| SOAR Trust | £2,400 |
|---|---|
| Faithworks Wessex | £2,400 |
| Christ Church Westbourne | £3,000 |
| St Mary’s Longfleet | £3,000 |
| Total | £10,800 |
| Ad-Hoc donations | |
| Lansdowne Baptist Church | £38,150 |
| British Red Cross - Ukraine | £1,000 |
| CYE Chichester Yacht | £1,500 |
| TearFund - Pakistan | £5,000 |
| Tearfund | £25,000 |
| Care for the Family | £5,000 |
| Navigators Europe | £5,000 |
| Navigators | £33,460 |
| Trussell Trust | £15,000 |
| Bournemouth Foodbank | £5,000 |
| International Care Network | £10,000 |
| T Symonds OMF | £100 |
| Medecins Sans Frontieres | £12,500 |
| Lighthouse Poole | £2,500 |
| BSO | £2,500 |
| Creation Fest | £500 |
| PACE | £2,500 |
| St Marys Longfleet Outreach | £500 |
| Total | £165,210 |