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2024-03-31-accounts

MICHAEL GARDNER ANNUAL REPORT YEAR ENDING MARCH 2024

The Trust has continued to rent out properties and provide transport for the disabled when requested in accordance with theTrust Deed.

EPCs and EICRS were carried out in the properties that were due, all were satisfactory and no work was required to be done

As usual the inspection of the properties were carried out and tenants were asked if there were any problems. Necessary repairs were then promptly carried out. Between inspections tenants were encouraged to make made contact with the Trust if problems arose so that necessary work could be carried out.

Almost £8,000 was paid to Solicitors working to get the Trust changed to CIO.

New Tenants were installed in 9 Rugby Road, the previous tenant having died so over £3000 was spent in carpeting and replacing items in the kitchen, and in 77 B Wentworth Road where the previous tenant had vacated the property.

The usual amounts were spent on insurance of vehicles and houses, and work was required to be done and carried out on the vehicles.

Dated this 26[th] October 2024

Vivienne Haynes Trustee

MICHAEL GARDNER TRUST 14 Somerset Drive Wollaston Stourbridge West Midlands

STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024

MICHAEL GARDNER TRUST 14 Somerset Drive Wollaston Stourbridge West Midlands

The Trustees present their Report and Accounts for the year ended 31st March 2024.

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, 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 (2023: Nil). Out of pocket expenses totalling £NIL were paid.

The Trustees who have served during the year were:-

Miss V J Haynes Rev P J Williams

…………………………..

……………………………..

8[th] July 2024

1

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 2024 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:

………………………………….

Ian Richmond Chartered Accountant

Date: 8[th] July 2024 Ian Richmond Limited Church Cottage Church Road Tettenhall Wolverhampton WV6 9AJ

2

MICHAEL GARDNER TRUST

TRUST CAPITAL ACCOUNT AS AT 31ST MARCH 2024

Funds at 31st March 2023
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 2024
509471
500084
-
-
0
0
-
-
509471
500084
0
0
7430
1514
0
0
516901
501598
176981
361981
4168
8448
0
0
-
-
84308
73830
249455
63223
2589
2589
517501
510071
600
600
0
0
600
600
516901
509471
2024
2023

3

MICHAEL GARDNER TRUST

TRUST PROPERTY INCOME ACCOUNT AS AT 31ST MARCH 2024

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
Profit on disposal of motor car
SURPLUS FOR THE YEAR
Fund at 31st March 2023
TRANSFER TO TRUST CAPITAL ACCOUNT
REPRESENTED BY:
Bank
Prepayments
Deduct Creditor
32788
35586
0
187
12205
25029
161
15
2184
2094
0
97
7735
5138
468
420
0
3389
13516
14412
122
22
1390
2112
(966)
36815
52728
(4027)
(16955)
16839
35901
12812
18946
(8310)
(2107)
4502
16839
2672
14869
2462
2578
5134
17447
632
608
4502
16839

4

MICHAEL GARDNER TRUST 14 Somerset Drive Wollaston Stourbridge West Midlands

STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024

MICHAEL GARDNER TRUST 14 Somerset Drive Wollaston Stourbridge West Midlands

The Trustees present their Report and Accounts for the year ended 31st March 2024.

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, 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 (2023: Nil). Out of pocket expenses totalling £NIL were paid.

The Trustees who have served during the year were:-

Miss V J Haynes Rev P J Williams

…………………………..

……………………………..

8[th] July 2024

1

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 2024 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:

………………………………….

Ian Richmond Chartered Accountant

Date: 8[th] July 2024 Ian Richmond Limited Church Cottage Church Road Tettenhall Wolverhampton WV6 9AJ

2

MICHAEL GARDNER TRUST

TRUST CAPITAL ACCOUNT AS AT 31ST MARCH 2024

Funds at 31st March 2023
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 2024
509471
500084
-
-
0
0
-
-
509471
500084
0
0
7430
1514
0
0
516901
501598
176981
361981
4168
8448
0
0
-
-
84308
73830
249455
63223
2589
2589
517501
510071
600
600
0
0
600
600
516901
509471
2024
2023

3

MICHAEL GARDNER TRUST

TRUST PROPERTY INCOME ACCOUNT AS AT 31ST MARCH 2024

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
Profit on disposal of motor car
SURPLUS FOR THE YEAR
Fund at 31st March 2023
TRANSFER TO TRUST CAPITAL ACCOUNT
REPRESENTED BY:
Bank
Prepayments
Deduct Creditor
32788
35586
0
187
12205
25029
161
15
2184
2094
0
97
7735
5138
468
420
0
3389
13516
14412
122
22
1390
2112
(966)
36815
52728
(4027)
(16955)
16839
35901
12812
18946
(8310)
(2107)
4502
16839
2672
14869
2462
2578
5134
17447
632
608
4502
16839

4