## **Trustees' Annual Report for the period** Period start date Period end date **19 July 2021 18 July 2022** **From** ## Section A Reference and administration details THE DOROTHY BULKELEY AND CHEADLE VILLAGE **Charity name** LADS’ CHARITY **Other names charity is known by Registered charity number (if any)** 525895 **Charity's principal address** FLAT 2, PINE LODGE 28 LONDON ROAD SOUTH POYNTON **Postcode SK12 1NJ** **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
REV DR PETER TRUSTEE BODY OF TRUSTEES OF
1 MARTIN DOOLEY (FORMER CHARITY
SECRETARY)
DR ANTHONY TRUSTEE BODY OF TRUSTEES OF
2 STEPHEN CHARITY
HOLMES
MR STEVEN TRUSTEE BODY OF TRUSTEES OF
3
MEALAND CHARITY
MR IAN JAMES CHAIR AND BODY OF TRUSTEES OF
4
WILKINSON TRUSTEE CHARITY
MR STEPHEN TRUSTEE APPOINTED BODY OF TRUSTEES OF
CHARLES SECRETARY CHARITY
5
WHITAKER 14/09/2022 (ALREADY
TRUSTEE)
6 VACANT
7 VACANT
8 VACANT
**----- End of picture text -----**
## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** N/A **TAR** **December 2022** 1 ## **Names and addresses of advisers (Optional information) Name Address** **Type of adviser** **N/A** **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document DEED SEALED BY THE CHARITY COMMISSION 5 NOVEMBER 1982 - (eg. trust deed, constitution) CHARITABLE TRUST How the charity is constituted - (eg. trust, association, company) Trustee selection methods (eg. appointed by, elected by) APPOINTED AT THE ANNUAL GENERAL MEETING FOLLOWING RECOMMENDATION TO THE BOARD OF TRUSTEES ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## Historically the Charitable Trust comprises: 1. The Charity of Dorothy Bulkeley, in the former Manor or Lordship of Cheadle founded by deed dated 27 August 1669 and comprised in a Scheme of the Charity Commissioners of 17 April 1931; 2. The Charity called the Lads’ Club Fund in the former Wards of Cheadle and Gatley (as constituted on 7 June 1922) of the former Urban District of Cheadle and Gatley, regulated by a Scheme of the Commissioners of 18 June 1940 The above two Charities were amalgamated into a single Charity by a Scheme dated 5[th] November 1982. ## **Section C Objectives and activities** **TAR** **December 2022** 2 Assisting persons under the age of 25 years who are: **Summary of the objects of the charity set out in its governing document** - in need of assistance - and who are either resident in the area of the former urban district of Cheadle and Gatley as constituted on 31 March 1974 or are attending or have attended a school in the area ## Main activities: - to assist such persons who are preparing for, entering upon or engaged in any profession trade, occupation or service **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** - to provide for such persons facilities for recreation or other leisure time occupation with the object of improving their conditions of life - to promote the education of such persons The area of the former urban district of Cheadle and Gatley constituted on 31 March 1994 is essentially the SK8 area ## **Additional details of objectives and activities (Optional information)** **TAR** **December 2022** 3 Applicants must complete an application form and demonstrate compliance with the objectives and activities of the Charity. They are invited to attend the AGM so the Trustees can assess needs and make grants as appropriate. You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. Section D Achievements and performance **TAR** **December 2022** 4 ## Section D Achievements and performance **Summary of the main achievements of the charity during the year** Four successful applicants from the 2021 AGM had received £435, £400, £150 and £49 respectively. They had also provided proof of purchases. A further candidate had been granted £2,000 to attend the Under 21 Lacrosse Championship held in Limerick, Ireland. Due to the Covid pandemic the Championships had been postponed in 2019, 2020 and 2021, but went ahead in August 2022. The candidate represented the England National Team and was deemed to be one of the outstanding players of the tournament. The Trustees were also able to split funds received from a legacy between the CCLA and a low to medium risk managed fund. ## **Section E Financial review** **TAR** **December 2022** 5 **Brief statement of the charity’s policy on reserves** **Details of any funds materially in deficit** Assets are held with (1) COIF Investment and (2) Platform Investments. The dividends from these funds are used annually to support successful applicants. Unused funds are held over to the following year for the next batch of applicants. £135,000 was invested during the year with Platform Investments. Due to market volatility and the economic situation in the UK these fell to £116,081 by the end of the financial year (18 July 2022) ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - the charity’s principal sources of funds (including any fundraising); - how expenditure has supported the key objectives of the charity; - investment policy and objectives including any ethical investment policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** PETER MARTIN DOOLEY **Full name(s)** STEPHEN CHARLES WHITAKER **Position (eg Secretary, Chair,** NEWLY APPOINTED SECRETARY (RETIRING) SECRETARY **etc)** **TAR** **December 2022** 6 Date 0511212022 0511212022 TAR December 2022 **No (if any) 525895** ## **DOROTHY BULKELEY & CHEADLE VILLAGE LADS'** **Receipts and payments accounts For the period** Period start date Period end date **To from 19-Jul-21 18-Jul-22** ## **Section A Receipts and payments** **Unrestricted Restricted Endowment Total funds funds funds funds** **----- Start of picture text -----**
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
DIVIDENDS 2,860 - - 2,860
BANK INTEREST 11 - - 11
LEGACY Transferred to Trustees 201,797 - - 201,797
INTEREST accrued on Legacy 673 - - 673
- - - -
- - - -
- - - -
- - - -
Sub total (Gross income for AR) 205,341 - - 205,341
A2 Asset and investment sales,
(see table).
LOAN FROM TRUSTEE 500 - - 500
- - - -
Sub total 500 - - 500
Total receipts 205,841 - - 205,841
A3 Payments
GRANT 1 150 - - 150
GRANT 2 435 - - 435
GRANT 3 2,000 - - 2,000
GRANT 4 400 - - 400
GRANT 5 49 - - 49
EXPENSES (Professional Services)
300 - - 300
EXPENSES (Secretary) 30 - - 30
GRANTS MADE IN 2020/21 - - - -
- - - -
Sub total [ 3,364 ] - - 3,364
A4 Asset and investment
purchases, (see table)
COIF Investment 67,000 - - 67,000
PLATFORM Investments 135,000 - - 135,000
Sub total [ 202,000 ] - - 202,000
Total payments 205,364 - - 205,364
Net of receipts/(payments) 477 - - 477
A5 Transfers between funds - - - -
A6 Cash funds last year end 1,997 - - 1,997
Cash funds this year end 2,474 - - 2,474
**----- End of picture text -----**
## **Section B Statement of assets and liabilities at the end of the period** ||||**Unrestricted**||**Restricted**| |---|---|---|---|---|---| |**Categories**|**Details**||**funds**||**funds**| ||||**to nearest £**||**to nearest £**| |**B1 Cash funds**|COIF Current Account
NATWEST Current Account
**_Total cash_**|**_funds_**|**102**
**2,372**
**-**
**2,474**|


|**-**
**-**
**-**
**-**| ||(agree balances with receipts and payments
account(s))||OK
|OK|| ||||**Unrestricted**||**Restricted**| ||||**funds**||**funds**| |**B2 Other monetary assets**|**Details**||**to nearest £**
**-**||**to nearest £**
**-**| ||||**-**
**-**|
|**-**
**-**| ||||**-**||**-**| ||||**-**||**-**| ||||**-**||**-**| ||**Details**||**Fund to which**
**asset belongs**|**Cost (optional)**|| |**B3 Investment assets**|COIF Investment||**Endowment**||**-**| ||COIF Investment||**Unrestricted**||**-**| ||PLATFORM Investment||**Unrestricted**|
|**-**
**-**| ||||||**-**| |**B4 Assets retained for the**|**Details**||**Fund to which**
**asset belongs**|**Cost (optional)**
**-**|| |**charity’s own use**|||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||||||**-**| ||**Details**||**Fund to which**
**liability relates**||**Amount due**
**(optional)**| |**B5 Liabilities**|LOAN FROM TRUSTEE||NatWest
**l**||**500**| |||||
|**-**
**-**| ||||||**-**| ||||||**-**| |Signed by one or two trustees on
behalf of all the trustees|Signature||Print|Name|| **----- Start of picture text -----**
CC16a
**----- End of picture text -----**
## **Last year** **----- Start of picture text -----**
to the nearest £
1,877
20
-
-
-
-
-
-
1,897
**----- End of picture text -----**
**1,897** **30 3,500 - 3,530** **3,530 - 1,633 - 3,630 1,997** ## **Endowment funds** **to nearest £ - - - -** OK ## **Endowment funds to nearest £** **-** **Current value (optional) 61,325 67,000 116,081 - -** **Current value (optional) - - - - - - - - - When due (optional) 21 July 2022** Date of approval CHARITY COMMISSION FOR ENGLANO AND WALES Independent examlnerfs report on the accounts Sectlon A Independent Examln•r's Report Report to lh• Iru8t•MI members of Dorothy Bulkley ar￿ Ch•adlo Vlllagfr Ladg Cl￿) Charlty On •ccount• lof tho y•ar •nded 18th Juty 2022 Chartty no (If any) 525896 S•t out on pag•• Attached Forrn Cclea R•colpts and Paym•nt8 Account I report to the tru8t088 on my examinatk)n of the acc¥)unt8 of tho above charlty (Ihe Tru$f) for tho year ended 18Ki7f2022 R••pon8lbllltl•• and balls of rgport As the charlty'J tru81888, you are rogpon81ble for the preparatlon ol the accounls In accordon¢e wlth tho r8qulremenls ol the Charltios kt 2011 Ilhe Acr), I report In re8pect ol my exarnlnalbon of the TfU8t'8 accounts c8rrted oul under sectlcn 145 01 the 2011 and In carrylng out my ex8mlnatlon. I haw followed all Ihe appllcable Oirecfjonl glven by lh• Chaflty Comml8•lon under 8OCtkm 145(5Mb) of tho Acl. Ind•pond•nt I ha￿ rnmplot•d ry examlnauon. I ¢(￿fim7 thal no matsdal matter8 havo •xamlnerf• statomont como to my att8ntlon In conn￿lI0n wlth the 8xambn•tk*n whlch glvès mo cau80 to b8118ve that In, any malertal r08POCt: the aecountlng rocord8 were not kept In accOrdar￿ wlth eec1k￿ 130 of th• Chartlles kt; or th8 account8 dld not accord wSth lh8 accountlng r•cord8: or the a¢xouni8 dld not comply with the appllcable requlr8mon18 concornlng the and ￿nIent of accounts sel out In the Charltl68 (Accounts and R8port8} Regulatlong 21))8 olh8r than any requlremont that the accounts glve a 'true and falr. view whl¢h18 not a mattor con81dered 88 part ol an Ind8pendent 8xamlnatk)n. I hav• rK• c￿coMI and havo como acros8 no ott*r mattor8 In cmnoctbon wlth th• examlnatlon lo which attenlwi #hould bo drawn In th18 report In do¢ 10 onabl• a pwr undernlandkng of the account8 to be reached. Slgn•d: 18 0￿8mbar 2022 N•m•: Phlllp Well8 R•l•v•nl prof•$•lon•l qu•llflcatlonl•l or body (K any): charter￿ Ac(x)unt8nt Addrn8•: 6 Hulmo Hall Aven￿. Ch￿1}0 Hu1￿. Chaadlo SK8 6LN IER Oct 2018