MICHAEL GARDNER TRUST 14 Somerset Drive Wollaston Stourbridge West Midlands 

STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2021 



## MICHAEL GARDNER TRUST 14 Somerset Drive Wollaston Stourbridge West Midlands 

The Trustees present their Report and Accounts for the year ended 31st March 2021. 

## **Status** 

The Trust is registered as a Charity with the Charity Commissioners, registered no 500641. 

## **Properties** 

Tenanted properties during the year were numbers 9 and 9A, 11 and 11A Rugby Road, 75, 77A and 77B Wentworth Road. 

. 

## **Transport** 

The Trust continued to provide transport facilities for the elderly and infirm to church services, functions and meetings. 

## **Trustees Remuneration** 

The Trustees neither received nor waived any emoluments during the year (2020: Nil). Out of pocket expenses totalling £NIL were paid. 

The Trustees who have served during the year were:- 

Miss V J Haynes Mr P D Brocklesby Rev P J Williams 

………………………….. 

…………………………….. 

2021 

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## INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF MICHAEL GARDNER TRUST 

I report on the accounts of the Trust for the year ended 31st March 2021 set out on pages 3 to 4. 

## **Respective responsibilities of trustees and examiner** 

As the charity’s trustees you are responsible for the preparation of the accounts: you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state, on the basis of the procedures specified in the General Directions given by the Charity Commissioners under section 43 (7)(b) of the Act, 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 Commissioners. 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 I do not express an audit opinion on the view given by the accounts. 

## **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 41 of the Act; and 

   - to prepare accounts which accord with the accounting records and to comply with the 

   - accounting requirements of the 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. 

…………………………………. 

Ian Richmond Chartered Accountant 

Date:                 2021 Ian Richmond Limited Church Cottage Church Road Tettenhall Wolverhampton WV6 9AJ 

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## MICHAEL GARDNER TRUST 

## **TRUST CAPITAL ACCOUNT** _**AS AT 31ST MARCH 2021**_ 

|Funds at 31st March 2020<br>ADD<br>Donations and sundry income<br>Investment income<br>Charitable grants<br>LESS<br>Profit on sale of 75 Wentworth Road<br>Transfer from property income account<br>Interest on loan<br>REPRESENTED BY:<br>Freehold properties at cost<br>Motor vehicles at cost less depreciation<br>COIF Charities general fund<br>COIF Charities deposit fund<br>Expenditure re: Wollaston Free Church<br>Loans<br>Exp on property<br>DEDUCT<br>Deposits held<br>Loans<br>Fund at 31st March 2021|486395<br>485660<br>-<br>-<br>1<br>3<br>-<br>-<br>486396<br>485663<br>0<br>0<br>(93)<br>732<br>0<br>0<br>486303<br>486395<br>496981<br>496981<br>11264<br>15019<br>0<br>472<br>-<br>-<br>40769<br>36634<br>5000<br>5000<br>2589<br>2589<br>556603<br>556695<br>300<br>300<br>70000<br>70000<br>70300<br>70300<br>486303<br>486395<br>2021<br>2020|
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## MICHAEL GARDNER TRUST 

## **TRUST PROPERTY INCOME ACCOUNT** _**AS AT 31ST MARCH 2021**_ 

|RENTS RECEIVED<br>DONATIONS<br>LESS EXPENSES<br>Repairs and maintenance<br>Utilities costs<br>Insurance<br>Bank and legal expenses<br>Professional fees<br>Accountancy<br>Loan interest<br>Vehicle expenses<br>Sundry expenses<br>Depreciation - motor vehicles<br>SURPLUS FOR THE YEAR<br>Fund at 31st March 2020<br>TRANSFER TO TRUST CAPITAL ACCOUNT<br>REPRESENTED BY:<br>Bank<br>Prepayments<br>Deduct Creditor|37733<br>39409<br>4011<br>0<br>1507<br>10566<br>0<br>107<br>1406<br>1689<br>0<br>24<br>931<br>1416<br>630<br>420<br>0<br>0<br>7577<br>18102<br>409<br>417<br>3755<br>5006<br>16215<br>37747<br>25529<br>1662<br>10279<br>9349<br>35808<br>11011<br>93<br>(732)<br>35901<br>10279<br>34170<br>9972<br>2339<br>2529<br>36509<br>12501<br>608<br>2222<br>35901<br>10279<br>2021<br>2020|
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