Charity No: 504190 ## **THE BRAMHOPE TRUST** ## **ACCOUNTS** **YEAR ENDED 31 MARCH 2022** BFE Brays Chartered Accountants Building Society Chambers Wesley Street OTLEY LS21 1AZ **THE BRAMHOPE TRUST Charity No: 504190** ## **FINANCIAL STATEMENTS: FOR THE PERIOD 1 APRIL 2021 TO 31 MARCH 2022** |CONTENTS:|| |---|---| |Trustees’ Report|2 - 3| |Independent Examiner’s Report|4| |Receipts and Expenses Account|5| |Statement of Assets as at 31 March 2022|6| Page 1 **THE BRAMHOPE TRUST Charity No: 504190** ## **TRUSTEES’ REPORT** ## **FOR THE PERIOD FROM 1 APRIL 2021 TO 31 MARCH 2022** The Bramhope Trust **Charity’s name:** The Bramhope Trust **Charity’s address** : 6 The Sycamores Bramhope Leeds LS16 9JR **Trustees:** Mr B D Bundey Ms J Rigby Mrs M D Thompson Mr N Pinches Mr C Fairburn **Appointment of Trustees:** New Trustees are appointed by existing Trustees in accordance with section 36(2) Trustee Act 1925. **Advisers to the Trustees:** Investment Advisers: Brewin Dolphin 34 Lisbon Street Leeds LS1 4LX **Governing Document:** Trust Deed dated 26.02.75. **Objects:** The objects of the Trust are to pay the annual income for the benefit of the inhabitants generally of Bramhope or such persons resident in Bramhope as the Trustees, in their absolute discretion, select. The Trustees meet a number of times a year to consider which organisations and persons within Bramhope or the surrounding area should benefit from the funds available. Page 2 **THE BRAMHOPE TRUST Charity No: 504190** **Review of the Year:** During the year the Trust made donations to various churches and voluntary organisations in Bramhope totalling £36,550. **Reserve Policy:** The Trustees aim to apply the income of the charity in furtherance of the charitable object and have a policy of retaining sufficient reserves to enable the Trustees to meet obligations as they fall due which may include both planned and unforeseen expenditure on the properties. **Public Benefit Statement:** In exercising their powers, the Trustees have had regard to the guidance on public benefit issued by the Charity Commission. During the year, the charity has met the public benefit requirements by providing grants and donations to churches and voluntary organisations connected with Bramhope and its residents. **Charity Governance:** The Trustees acknowledge their responsibilities to work within the principles of the Charity Governance Code 2017. The Trustees declare that they have approved the Trustees’ Report above. ## Signed on behalf of the Charity’s Trustees:- Signature : Jane E Rigby Full name : Jane Elizabeth Rigby Position : Trustee Date : 13 October 2022 Page 3 **THE BRAMHOPE TRUST Charity No: 504190** ## **Independent Examiner’s Report** Report to the trustees of The Bramhope Trust on the accounts for the year ended 31 March 2022, which are set out on pages 5 to 6. I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2022. ## **Responsibilities and Basis of Report** As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner’s Statement** I have completed my examination, I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. L P Nelson FCCA _BFE Brays Chartered Accountants_ Building Society Chambers Wesley Street OTLEY LS21 1AZ Date: 27 October 2022 Page 4 **THE BRAMHOPE TRUST Charity No: 504190** ## **RECEIPTS AND PAYMENTS ACCOUNTS FOR THE PERIOD FROM 1 APRIL 2021 TO 31 MARCH 2022** |**Receipts**
Investment Dividends/Interest
Rental Income
Legacy
Asset and Investment Sales
Receipts from sales of investments
**Total Receipts**
**Payments**
Investment Management Costs
Rental expenses
Governance costs
Grants and donations paid
Asset and Investment Purchases
Purchase of investments
**Net Receipts/(Payments)**
Cash Funds last year
**Cash Funds this year end**|**Unrestricted**
**Funds**
**£**
12,692
34,092
-
46,784
21,425
68,209
3,811
7,535
1,338
36,550
49,234
-
49,234
18,975
21,768
40,743|**Total**
**Funds**
**£**
12,692
34,092
-
46,784
21,425
68,209
3,811
7,535
1,338
36,550
49,234
-
49,234
18,975
21,768
40,743|**Last Year**
**£**
12,458
35,748
1,500| |---|---|---|---| ||||49,706
123,639| ||||173,345| ||||3,512
7,420
1,076
35,300| ||||47,308
170,484| ||||217,792| ||||(44,447)
66,215| ||||21,768| Page 5 **THE BRAMHOPE TRUST Charity No: 504190** ## **STATEMENT OF ASSETS AND LIABILITIES AT 31 MARCH 2022** ## **Unrestricted Funds** |**Cash Funds**|||| |---|---|---|---| |CAF Bank|20,120||| |Brewin Dolphin|20,623||| |Total cash funds|£40,743||| |**Investment Assets**|**Fund to which**|**Cost**|**Current**| ||**asset belongs**||**Value**| |||**£**|**£**| |UK Bonds|Unrestricted|126,684|121,130| |UK Equities|Unrestricted|57,038|70,266| |Overseas and Other Equities|Unrestricted|86,902|107,629| |Absolute Return Securities|Unrestricted|36,840|38,627| |Property Securities|Unrestricted|19,557|24,717| |Other Investments|Unrestricted|37,938|42,253| |Freehold Property|Unrestricted|45,649|*| |* Not available|||| |**Liabilities**|**Fund to which**
|**Amount**|| ||**liability relates**|**due**|| |Sundry creditors|Unrestricted|£ 1,200|| We approve these accounts and confirm all relevant records have been made available for their preparation. Mr B D Bundey Ms J Rigby Mrs M D Thompson Mr N Pinches Mr C Fairburn Date of Approval : 13 October 2022 Page 6