W.M. & B.W. LLOYD CHARITY TRUST TRUSTEES ANNUAL REPORT YEAR TO 5TII APRIL 2024 (R•ol•tsrnd Nun•r 503384) Tnr4to•8 Mrn D E Par80n8 Mr J N J&lln Mr J Slad( M18 K Commltt Mrs M Painter W8 J Gibson Mr G Riley M13 V Rothwell Mr W Tomlin50n Di J .118104 Mr L Franklsh Mr K Frank Trustwg and Commltt••: After a short illne88 we sadly lost Mr Alan Slad( durfng the ywr after many yearn 8ce as a Trugt88. Mls Kerry We8lon was appolntod a Tnth. MI8 WKky Rothwell ioinad the Commlltee Obloctlv•s: The Tnmt i8)n •ndwd charity whoso fund6 are Inw8bJ in a¢cordanc wilh the Tru8tee8 Acl 2000. The InccKne from the inve8lments18 dlstrfbuléd In accordance with the Tru8t Deed dated 111h March 1974 for chgrftablo purp08es Indud1, inter alia, Ihe advannvnt ol educatlon. 1¢al gdence and provl8lon al madfcal U1Pm0nt and fodlttle8 and Ihe pro)A8lon and Improvement of public am8nltle8. Th• distrtbution arna 18 defined in Ihe Trust Dead to be principally the Okl Borough of Da. The Trust has over a number of years &¢ed fund8 from ¢haiiti88 that oporthl in the swne incipal area that have ceased to fulfil their obJectlve8. The charlties that have donated thelr funds aré thè Pèter Pan Tnrnt, Darwen Slck Poor & War Memrial Fund, Darwen Disabled Fund. Hi118ide Garage Trust and th8 John Frederick Leach Trust. Two l•ga(aes have been recelved fnm E Agpln and T & J Rlchard8 The Trust also adminlsters the followlng: 1) The T. P. D8vies Fund. This was acAXPted by the Uoyd Tiu81g83 subject to It6 (Ylm Chaiitable Trust Rules 83 set out In a stheme approved by the Chancery of LanSter Court on 23nf of Marth 1967. This limits the Inr))me for the benefrt and welfare Gf Residènts of the Borough of DaThven as out In the Order. This is l)inding on the Trustees: 2) DAtn Pmbation Volunteer* Fund. Nthv Trusts have been agreed with the Charlty Commissioners mainly for the benefft of per80ns of Dapbyen who have come under the Probation and after Care Service and their familie8. The obve8 al>ove are only PJummarfes and for full and accjjrate deta113 reference shId h mado to the varlous instrumerrts or order8 creating Speafic Trusts.
Invwkn•nts and Incom•: major inve8tments of the Trust are Imth the COIF Invthnt Funds which 8pr8ad8 the rt8k and they maimalned a good level of ITKxKne and capttal gr0h. Organl•atlon: The TNst h83 amended the manner in whlch applic8tlon8 lor grarrt8 are progress•d. Applications are receivad by the Secretary either by letter or amall and di81ributad to the Trustees and a CotYNY•ittee of advi30r¥. The Trustees nsId6r the advtce of the Committee And make a final decision on the application. In certain rnatters applicants may be interviewed and lurthor invesliqatlon underlaken by a Truskn. The Trustees introduced a now web page during the yèar at Ihelloydtru8t.co.uk' th18 8nab188 apph'cants to mako direct cx>ntaCt and guldes them as to the Inlomwtbn Ihal tho Tru8teeJ n••d to make a d8d810n. Accounts: W.M. & B.W. Lloyd Charfty Tnmt The Accounts are prepared on a receipts and p8yThntJ basls. During the yoar to 5th April 2024 the Incom of the TTu31 amr)unt&J to £137,865 (2023:£133.550). Grants of £156,774 (2023: £197.364) were made during the year. Grants retum&J durlng the year were £10,650{2033'. £4,250) The Trustee8 lo.n approximatsly ono year8 Incoff to cowr amergc and ongolng grants. The Incoffkg Account had a balanco of £157,137 (2023£168,677) the year end and had (xwoing grant liabililies of £90,450 (2023£29,220). T. P. Davlo8 Fund The Trustee8 receivod Irorne of £2,104(2023£2,104) rn8d• grants of £1.900 during the year (2023.'£1,032). A balAn¢X of £4,841 (2023£4,637) remalned av8llable for di8tributk)n. The TTu8tees have Invest8d £20,000 of Incorm accumulated by the fund's previou8 Tru8te88 whlch18 available for dlstribution. .Darw•n ProbAtlon Volunt••rs: The Trustaa8 received Income of £2,273 (2023:£2.273) and mad• grants durfng the year of £2.500 (2023.. £1.500). A balan of £7,416(2023£7,642) remaln8 available for distribution. As10ts at 5tr A wil 2024 which ar• invathd In Ordinary Shar•s and Gmmment Stocks w•re valued as follow8:. V•lu• at 2021 V•lu• at 6th A £5 185 947 WM&BWLIo £2,475 783 i T P D•vl•• £71.942
Tén Y•ar Summary oflncomo, Grnnts and Admlnkntlon Costs W.M. & B.W. Lloyd Chartty Trust 2024 137 2023 2a22 2021 129 2020 127 2019 2018 110116 2017 91063 2016 2016 R•wm•d 10150 12JD 1h15 157 137 3381 1.1S2 1,376 1•7 1.821 7273 Oth•r Funds T.P. Davl•4 Wolfarn Trust 2024 23 2022 2021 2020 1.9e3 2019 2018 2017 2011 lJ87 2015 Gr•nts 429 4.585 1,970 Darw•n Pinbauon Voluntoorn ¥117 Ino)rn• Grnnts 22n 2.IlJ 2.142 2,100 176 7 1,939 2,134 1,827 The adnlnlstrntion cost of the fund818 w1klY bomo by the W.M. & B W. Lloyd Charlty Trust. Tha8e 8Lcounts werp approved b Ihe Trust•e8 on the 2024 .. J, N. Jacklln - Trustee.. . Mrn. D. E. Par80n8 - TNst6e . J. SIKk- Trustee M18 K. Weston - Tru8tee
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Independent Examiner's Report to tbe Trustees ofw M & B W Lloyd Charlty Trust I report on the accounts of the charity for the year ended 5 April 2024. Respective responslbllltiea of Iruslees #nd examiner The ¢harity'5 tru8tees are responsible for the pr¢paTation of the acwunts. The charity's trustees consider that an audit is not required for this year under section 144(2) of th¢ Charities Acl 2011, thc 2011 Acl, and that an indendent examination is needcd. It is mv responsibility 10: examine the accounts under section 145 of the 201 l Acl, to follow the procedures laid down in the General Directions given by the Charity Commissioners under sc¢lion 145 (5) (b) of the 2011 Act; and to stste whether particular matter5 have come to my attention. Blsis of independent examiner's slalement Mv examination w'as carried out in accordance with General Directions given by the Charity Commissione. An examination includes a review of the accounting records kepi by th¢ charity and a comparison of the arxounts preSd w'ith Ihose re¢ord$. It also includes ¢onsideTalion of any unusual iterns or disclosures in the accounts, and seeking explanations from the Iriiqtees concerning any such matters. The proceduKs undertakcn do not provide all the cvidence that ivould be required in an &udiL and cornsequentlj no opinion is given as lo ivheiher the accounts presenl a "true and fatr view" and the report is limited lo those matters set uut in the statemcni below. Independent examlner'j stitement In connection wilh my examination, no maller has come to my attention (i) which gives me re&sonabl¢ cause to believe that in any material respect ihe requirern¢nt', to kcep accounting records in accordance with seciion 130 of ihe 2011 Act; and to prepare accounts which accord with the accounting r¢¢ords and compl), with the accounting r4uiTemenLs of the 2011 Act have not bcen mei; or (2) Iv which, in my opinion, allenlion should be drawn in order to enable a proper undeJ51anding of the accounts be reached. Slgned: Date: IL* Name: D W Wilson Relevint professlou41 qualification or body: F¢llow of the Inslitute of Chartered Accountants in England & Wales Address: l O Borough Road. DarH'en, Lancashire, BB3 1 PL