MICHAEL GARDNER TRUST 14 Somerset Drive Wollaston Stourbridge West Midlands
STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022
MICHAEL GARDNER TRUST 14 Somerset Drive Wollaston Stourbridge West Midlands
The Trustees present their Report and Accounts for the year ended 31st March 2022.
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, 77, 77A, 77B, and 77C Wentworth Road.
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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 (2021: 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
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2022
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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 2022 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:
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(1) which gives me reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 41 of the Act; and
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to prepare accounts which accord with the accounting records and to comply with the
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accounting requirements of the Act, have not been met; or
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(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Ian Richmond Chartered Accountant
Date: 26[th] October 2022 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 2022
| Funds at 31st March 2021 ADD Donations and sundry income Investment income Charitable grants LESS Profit on sale of 75 Wentworth Road Transfer from property income account Interest on loan REPRESENTED BY: Freehold properties at cost Motor vehicles at cost less depreciation COIF Charities general fund COIF Charities deposit fund Expenditure re: Wollaston Free Church Loans Exp on property DEDUCT Deposits held Loans Fund at 31st March 2022 |
486395 486395 - - 0 1 - - 486395 486396 0 0 8454 (93) 0 0 494849 486303 496981 496981 8448 11264 0 0 - - 60755 40769 5000 5000 2589 2589 573773 556603 300 300 70000 70000 70300 70300 503473 486303 2022 2021 |
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MICHAEL GARDNER TRUST
TRUST PROPERTY INCOME ACCOUNT AS AT 31ST MARCH 2022
| RENTS RECEIVED DONATIONS LESS EXPENSES Repairs and maintenance Utilities costs Insurance Bank and legal expenses Professional fees Accountancy Loan interest Vehicle expenses Sundry expenses Depreciation - motor vehicles SURPLUS FOR THE YEAR Fund at 31st March 2021 TRANSFER TO TRUST CAPITAL ACCOUNT REPRESENTED BY: Bank Prepayments Deduct Creditor |
40157 37733 0 4011 2628 1507 0 0 981 1406 32 0 0 931 420 630 0 0 10342 7577 415 409 2816 3755 17634 16215 22523 25529 10279 10279 32802 35808 8454 93 41256 35901 39415 34170 2449 2339 41864 36509 608 608 41256 35901 2022 2021 |
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