MICHAEL GARDNER TRUST 14 Somerset Drive Wollaston Stourbridge West Midlands
STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023
MICHAEL GARDNER TRUST 14 Somerset Drive Wollaston Stourbridge West Midlands
The Trustees present their Report and Accounts for the year ended 31st March 2023.
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 (2022: 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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9[th] August 2023
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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 2023 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: 9[th] August 2023 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 2023
| Funds at 31st March 2022 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 2023 |
500084 486303 - - 0 0 - - 500084 486303 0 0 1514 13781 0 0 501598 500084 361981 361981 8448 8448 0 0 - - 73830 60755 63223 66611 2589 2589 510071 500384 600 300 0 0 600 300 509471 500084 2023 2022 |
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MICHAEL GARDNER TRUST
TRUST PROPERTY INCOME ACCOUNT AS AT 31ST MARCH 2023
| 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 2022 TRANSFER TO TRUST CAPITAL ACCOUNT REPRESENTED BY: Bank Prepayments Deduct Creditor |
35586 40157 187 187 25029 2814 15 0 2094 981 97 31 5138 0 420 420 3389 3389 14412 10342 22 415 2112 2816 52728 21208 (16955) 19136 35901 35901 18946 55037 (2107) (13781) 16839 41256 14869 39415 2578 2449 17447 41864 608 608 16839 41256 2023 2022 |
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