THE ATHERTON TRUST REGISTERED CHARrrY NUMBER 515220 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5TH APRIL 2024 WR PARTNERS CHARTERED ACCOUNTANTS BELMONT HOUSE, SHREWSBURY BUSINESS PARK. SHREWSBURY
THE ATHERTON TRUST INDEX Pa Trustees Report Independent Examiners Report Receipts and pasrynents account Statement of assets and LÉabilities Schedule of investments Grants
THE ATHERTON TRUST REGISTERED CHARITY NUMBER 515220 TRUSTEES REPORT The Trustees present their annual report and receipts and payThents account for the year ended 5th April 2024. Structure Governance & Mana a) Constitution The Atherton Tnjst was Constituted by a Trust Deed dated 28 September 1984 and updated 18 Dernber 2013, 29 May 2015 and January 2018.The Chariws registered number is 515220. b) Method of appointment of Trustees Trustees are appointed by the existing Trustees at the Annual Meeting normally in May each year. Trustees can be co-opted at any time during the year. ement Charitable Ob'ectives The Charities objectives were updated in January 2018 to refiect current social circumstances and community needs. Charitable Ob ectives to Janua 2018 The objectives of the Charity are to give financial support for the benefit of those resident in the parishes of Pontesbury and Hanwood and the village areas of Annscroft and Hook-a-Gate for the following purposes., the making of a grant to a deserving case from loss of parent, husband or child, sickness or accident and to assist children of energy in improving their chance of earning a livelihood,. to those incapacitated through affliction of mind or body and the dependents of such., to institutions who give or agree to give when required succour and services lo people unfortunate enough to require aid by loss of sight, limb or health by accident or inevitable causes,- to aid persons who through no fault of their own are unable to meet urgent obligations. Charitable Ob'ectives ost Janua 2018 The objects of the Charity are to provide grants in the parishes of Pontesbury and Hanwood and the village areas of Annscroft and Hook-a-Gate to: relieve financial hardship for persons living in the area of benefit who are in need- relieve sickness for persons- promote, for the benefit of the inhabitants, the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement. financial hardship or social and economic circumstances with the object of improving their conditions of life.. and provide support for young and disadvantaged people to develop skills, capabilities to enable them to participate in society as mature and responsible individuals. Review of activities and achievements The Trustees receive applications for grants from organisations and individuals. During the year. grants totalling £2,940 were awarded to organisations and £1,500 were awarded to individuals. In reviewing the grant applications for the year. the Trustees have nSIdered the Charity Commission's revised guidan on public benefit and awarded grants accordingly.
The charity is self funding and relies on income from Fts investments. Investment lic The Trustees are advised by a professional fund manager. Reserves olic All the funds are unrestricted. The Trustees would nomially pay Grants equivalent to their investment income. Free reserves at the year end were £194,773 (2023: £190,832). Trustees The Trustees of the Charity are". J.M.Pope (Chainnan} Mrs S. Bridgwater N.J.P. Lewis Mrs H Pearson B. Challinor P. Price P Adams M. Jervis Mrs E Jervis {Deceased October 2023) The Charity is a Registered Charty under Number 515220 and the Registered Office is Belmont House. Shrewsbury Business Park, Shrewsbury, Shropshire. SY2 6LG On Behalf of the Trustees J.M.Pope Chairman Date ia Ifrl
THE ATHERTON TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ATHERTON TRUST I report on the accounts of the Trust for the year ended 5th April 2024, vthich are set out on pages 4 to 7. Responsiblllties and basis of the report As the Charitys trustees you are responsible for the preparation of the accounts in accordance with the audit requirement of the Charities Act 2011 (The Act). I report in respect of my examination of the charitys accounts carrred out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5}(b) of the Act. Independent examinerfs statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to belÈeve that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the Act., or the accounts do not accord with those records; or the accounts do not comply wth the applicable requirements conmIng the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no COnrnS 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. Tim Lunt WR Partners Chartered Accountants Shrewsbury BA (Hons) FCCA MTPI Date.. 0210912024
THE ATHERTON TRUST REGISTERED CHARITY NUMBER $15220 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5TH APRIL 2024 Year Ended 0510412024 Year Ended 0510412023 Pa Recei Dividends Received Interest Sale of investments 1,449 111 42,210 1.745 28 96,708 Totsl Re1 ts 43.770 98,481 Pa ments Management & Administration- Professional Fees WR Partners Brewin Dolphin Portfolio Management Bank charges Purchase of investments Grants Insurance 792 1.062 720 2,315 74 97.724 2,334 417 36.677 43,307 103.584 Excess Pa mentslRecei ts 463 (5.103) Cash balance brought forward 6,110 11,213 Cash balance carried forward
THE ATHERTON TRUST REGISTERED CHARrrY NUMBER 515220 STATEMENT OF ASSETS AND LIABILITIES AS AT 5TH APRIL 2024 Page 0510412024 0510412023 Moneta Assets Cash at Buildin CAF Bank Brewin Dolphin Deposit account Socie 3,889 2.684 2,454 3,656 6,573 6,110 Other Moneta Assets Quoted Investments per schedule at market value 188.200 184,722 188,200 184,722 Total Assets 194,773 190,832 All Trust Funds are unrestricted. These accounts were approved by the Trustees J.M.Pope Chairman Date
THE ATHERTON TRUST REGISTERED CHARITY NUMBER 515220 INVESTMENTS FOR THE YEAR ENDED 5TH APRIL 2024 Profiu Market Loss Cost Net Value Additions 05.04.24 Dividend 05.04.24 Sales on Sale 13,100 Legal & General Unit Trust 8,556 Allianz UK & European Inv Funds 8,005 Schroder Global Cities 12,447 Maitland Select Managers Bond 7,315 Maitland Instl North American 6,506 AXA US Short Duration High Yield Fund 5,700 Diverse Income Trust 5,253 Twenty Four Income Fund 4,586 LF Ruffer Managed Funds 4,235 The Renewables Infrastructure 4,106 Redwheel Funds 3,740 Franklin Templeton Funds Clearbridge 3,605 Aberdeen European Logistics Income 3,208 Janus Henderson Strategic Bond 3,135 HICL Infrastructure PLC 1,786 Man International 1,432 Liontrust Fund par special 1,428 BH Macro Ord 1,340 Premier Miton Inv US Opps 1,290 Artemis Investment Fd US Smaller Co's 1,218 Worldwide Healthcare Trust 1,155 Pacific Assets Trust Ord 2,314 T B Evenlode Inv Funds 930 Impax Environmental Markets Ord 695 Blackrock Throgmorton Trust 487 Comgest Growth Europe 132 Polar Capital Technology Trust 110 Henderson Investment Funds Ltd 105 Dodge & Cox Worldwide Funds 100 Vanguard Fund5 PLC 303 Baillie Gifford Japanese 78 Ishares V PLC 1,685 Liontrust Fund Sustainable Future 1,475 Columbia Thread European Select Z 7.979 8.898 7,389 12,733 11,958 9,216 5,370 5.232 4,653 5.417 4,764 4,690 2,696 11,149 5.393 3,984 6,303 6,162 4,758 3,802 3,749 4,353 7.986 3.670 3.712 6.511 2,831 4,660 4,977 6.653 7,840 8,470 7,630 12.445 14.228 10,435 4,868 5,495 4,636 4,193 5,523 4,252 2,134 10,658 3,919 5,001 6,936 4.770 5,844 4,841 4,019 4,112 9,448 3,683 4,024 6,671 3,953 4,352 6,002 7,818 2.271 {5.613) 210 234 183 5.232 (4.307) {134) 304 133 259 5,580 (1,840) 246 3,749 4.353 (3.340) 393 43 103 6,511 (1.511) 375 (849) 8,982 (2.632) (5,581) (7.555) (4.340) (4.641) 91 53 (767) 1.084 (717) 818 130 36,677 42,210 1,903 181,647 1,449 188,200
THE ATHERTON TRUST REGISTERED CHARrrY NUMNER 515220 GRANTS FOR THE YEAR ENDED 5fH APRIL 2024 Or anisation Pontesbury Bowling Club Pontesbury CE Primary School Hanwood CE Primary School Longden Primary School Mary Webb School Pontesbury 500 234 1,206 500 500 2,940 Individual S Chadwick D Richardson iooo 500 1,500 Total Grants 4,440