**REGISTERED CHARITY NUMBER: 801703** ## **Report of the Trustees and** ## **Unaudited Financial Statements** **for the Year Ended 30th September 2024** ## **for** **The Winifred Gandine-Stanton Trust** Neil Westwood & Co. Chartered Accountants 101 Dixons Green Road Dudley West Midlands DY2 7DJ **The Winifred Gandine-Stanton Trust** **Contents of the Financial Statements for the Year Ended 30th September 2024** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5| |**Notes to the Financial Statements**|6 to 11| **The Winifred Gandine-Stanton Trust** ## **Report of the Trustees for the Year Ended 30th September 2024** The Trustees present their report with the financial statements of the charity for the year ended 30th September 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** To promote and advance knowledge of the religion and philosophy of Spiritualism, as defined by the following seven principles: 1. The Fatherhood of God 2. The Brotherhood of Man 3. The Communion of Spirits and the Ministry of Angels 4. The Continuous Existence of the Human Soul 5. Personal Responsibility 6. Compensation and Retribution Hereafter for all the Good and Evil Deeds done on Earth 7. Eternal Progress Open to every Human Soul ## **Activities** Support of Seven Principle Spiritualism, in line with the Trust Objects by supporting churches, Spiritualist education and training programmes throughout the country. Assistance and donations made to Spiritualists who were in benevolent and financial need. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 801703 ## **Principal address** 2 Oakfield Road Stourbridge West Midlands DY8 5XS ## **Trustees** Sandra Fellows - Chairman Teresa George Sue Jex (resigned 13.1.24) Kathryn Shirley (resigned 13.1.24) Robert Dangerfield – Treasurer L Todd (resigned 13.1.24) Page 1 **The Winifred Gandine-Stanton Trust** ## **Report of the Trustees** **for the Year Ended 30th September 2024** **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner** Neil Westwood & Co. Chartered Accountants 101 Dixons Green Road Dudley West Midlands DY2 7DJ Approved by order of the Board of Trustees on 1[st] March 2025 and signed on its behalf by: Sandra Fellows - Chairman Page 2 **Independent Examiner's Report to the Trustees of The Winifred Gandine-Stanton Trust** ## **Independent examiner's report to the trustees of The Winifred Gandine-Stanton Trust** I report to the charity trustees on my examination of the accounts of The Winifred Gandine-Stanton Trust (the Trust) for the year ended 30th September 2024. ## **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 Act and in carrying out my examination I have followed all 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 giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning 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 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. N A Westwood Neil Westwood & Co. Chartered Accountants 101 Dixons Green Road Dudley West Midlands DY2 7DJ 3rd March 2025 Page 3 **The Winifred Gandine-Stanton Trust** ## **Statement of Financial Activities for the Year Ended 30th September 2024** |2024
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
**Charitable activities**
Courses and conferences
6,047
Investment income
2
35,968
**Total**
42,015
**EXPENDITURE ON**
**Charitable activities**
Grants and donations given
13,744
Courses and conferences
20,253
Other
5,621
**Total**
39,618
Net gains/(losses) on investments
(14,977)
**NET INCOME/(EXPENDITURE)**
(12,580)
**RECONCILIATION OF FUNDS**
Total funds brought forward
787,542
**TOTAL FUNDS CARRIED FORWARD**
774,962|2023
Total
funds
£
4,645
24,198
28,843
6,984
11,822
7,896
26,702
(73,914)
(71,773)
859,315
787,542| |---|---| The notes form part of these financial statements Page 4 **The Winifred Gandine-Stanton Trust** ## **Balance Sheet 30th September 2024** |2024
Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Debtors
5
200
Investments
6
383,314
Cash at bank
7
391,640
775,154
**CREDITORS**
Amounts falling due within one year
8
(192)
**NET CURRENT ASSETS**
774,962
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
774,962
**NET ASSETS**
774,962
**FUNDS**
9
Unrestricted funds
774,962
**TOTAL FUNDS**
774,962|2023
Total
funds
£
600
398,291
392,465
791,356
(3,814)
787,542
787,542
787,542
787,542
787,542| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 1st March 2025 and were signed on its behalf by: R Dangerfield - Trustee The notes form part of these financial statements Page 5 **The Winifred Gandine-Stanton Trust** **Notes to the Financial Statements for the Year Ended 30th September 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Investments** Investments are valued at market value at the year end. continued... Page 6 **The Winifred Gandine-Stanton Trust** ## **Notes to the Financial Statements - continued for the Year Ended 30th September 2024** ## **2. INVESTMENT INCOME** |Bank interest
Fixed term deposit interest
Charity property fund interest|2024
£
164
11,164
24,640
35,968|2023
£
7
6,341
17,850| |---|---|---| |||24,198| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30th September 2024 nor for the year ended 30th September 2023. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |**Charitable activities**|| |Courses and conferences|4,645| |Investment income|24,198| |**Total**|28,843| |**EXPENDITURE ON**|| |**Charitable activities**|| |Grants and donations given|6,984| |Courses and conferences|11,822| |Other|7,896| |**Total**|26,702| |Net gains/(losses) on investments|(73,914)| |**NET INCOME/(EXPENDITURE)**|(71,773)| |**RECONCILIATION OF FUNDS**|| |Total funds brought forward|859,315| continued... Page 7 **The Winifred Gandine-Stanton Trust** **Notes to the Financial Statements - continued for the Year Ended 30th September 2024** ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |**TOTAL FUNDS CARRIED**
**FORWARD**
**5.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments
**6.**
**CURRENT ASSET INVESTMENTS**
Charities property fund
**7.**
**CASH AT BANK**
Bank current account
Short term deposit accounts
Fixed term deposits
Total||2024
£
200
2024
£
383,314
2024
Total
funds
£
4,911
36,729
350,000
391,640||Unrestricted
fund
£
787,542
2023
£
600
2023
£
398,291
2023
Total
funds
£
21,710
-
370,755
392,465| |---|---|---|---|---| |||||| continued... Page 8 **The Winifred Gandine-Stanton Trust** **Notes to the Financial Statements - continued for the Year Ended 30th September 2024** ## **8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Other creditors
**9.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
42,015
**TOTAL FUNDS**
42,015
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**TOTAL FUNDS**|At
1.10.23
£
787,542
787,542

Resources
expended
£
(39,618)
(39,618)
At
1.10.22
£
859,315
859,315|2024
2023
£
£
192
3,814
Net
movement
At
in funds
30.9.24
£
£
(12,580)
774,962
(12,580)
774,962
Gains and
Movement
losses
in funds
£
£
(14,977)
(12,580)
(14,977)
(12,580)
Net
movement
At
in funds
30.9.23
£
£
(71,773)
787,542
(71,773)
787,542| |---|---|---| continued... Page 9 **The Winifred Gandine-Stanton Trust** **Notes to the Financial Statements - continued for the Year Ended 30th September 2024** ## **9. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|28,843|(26,702)|(73,914)|(71,773)| |**TOTAL FUNDS**|28,843|(26,702)|(73,914)|(71,773)| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|At
1.10.22
£
859,315
859,315|Net
movement
in funds
£
(84,353)
(84,353)|At
30.9.24
£
774,962| |---|---|---|---| ||||774,962| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Gains and|Movement| |---|---|---|---|---| ||resources|expended|losses|in funds| ||£|£|£|£| |**Unrestricted funds**||||| |General fund|70,858|(66,320)|(88,891)|(84,353)| |**TOTAL FUNDS**|70,858|(66,320)|(88,891)|(84,353)| continued... Page 10 **The Winifred Gandine-Stanton Trust** **Notes to the Financial Statements - continued for the Year Ended 30th September 2024** ## **10. RELATED PARTY DISCLOSURES** During the year the trust made payments totalling £3040 to a close family member of one of the trustees for clerical, digital and website work undertaken for the trust on a self-employed basis. Page 11