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2021-04-05-accounts

Registered number: 803009

GOWLING WLG (UK) CHARITABLE TRUST

Unaudited Financial Statements

Year ended 5 April 2021

GOWLING WLG (UK) CHARITABLE TRUST

INDEX

INDEX
___________
Legal & Administrative Information 1
Report of the Trustees 2
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7

GOWLING WLG (UK) CHARITABLE TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

___________

TRUSTEES

Lee Nuttall Philip Gregory Clissitt Andreas Stylianou

REGISTERED OFFICE

C/O Gowling WLG (UK) LLP Two Snowhill Birmingham B4 6WR

REGISTERED NUMBER

803009 (England & Wales)

INDEPENDENT EXAMINER

Ian Holder FCA Mazars LLP Two Chamberlain Square Birmingham B3 3AX

BANKERS

Royal Bank of Scotland 79/83 Colmore Row Birmingham B3 2AP

SOLICITORS

Gowling WLG (UK) LLP Two Snowhill Birmingham B4 6WR

1

REPORT OF THE TRUSTEES

________________

The trustees present their report and the financial statements for the year ended 5 April 2021.

CONSTITUTION AND OBJECTS

The Gowling WLG (UK) Charitable Trust was created by deed on 27[th] February 1990. The object and policy of the trust is to apply the trust fund and the income thereof for such charitable institutions or charitable purposes as the trustees shall, in their absolute discretion, determine.

ORGANISATION

The trustees who have served during the year and since the year end are set out on page 1.

The day to day management of the charity was, for the period to 5[th] April 2021, carried on by Gowling WLG (UK) LLP, solicitors, by whom all applications for grants are coordinated and presented to the trustees. The trustees meet at intervals during the year to consider applications.

GRANT MAKING POLICY

The trustees have no fixed policy on grant making and support a wide range of local and national charities. The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the trust’s aims and objectives and in planning future grant making. However, they do not usually make grants to individuals or organisations which are not themselves charities.

RESERVES POLICY

The trustees consider the cash donations made by Gift Aid to be available for spending on charitable purposes.

The trustees do not consider it appropriate to hold any significant level of income reserves.

INVESTMENT POLICY AND PERFORMANCE

The trustees hold no investments and do not require a policy.

RISK MANAGEMENT

The trustees have reviewed the major risks to which the trust is exposed and in particular those relating to operations and finances and are satisfied that systems are in place to mitigate exposure to those risks.

ACTIVITY

The trust awarded grants totalling £173,157 during the year (2020: £116,885).

At year end reserves stood at £107,063 (2020: £106,875), which includes £100,000 of Gift Aid receivable from HMRC (2020: £65,000).

IMPACT OF COVID-19

We have considered the potential impact of COVID-19 on the charity and whilst there may be significant effects for the wider economy which could in turn affect the charity’s performance, we have not identified any specific risk that is material enough to require further disclosure here.

PLANS FOR THE FUTURE

The Trustees plan to continue the grant giving activities and maintain the current objectives and grant making policy.

2

REPORT OF THE TRUSTEES

________________

RESPONSIBILITIES OF TRUSTEES IN RELATION TO THE FINANCIAL STATEMENTS

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the charity’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the trust and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

BASIS OF PREPARATION OF THE FINANCIAL STATEMENTS

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with FRS 102: Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011.

Jan 20, 2022

Approved by the trustees on ______

and signed on their behalf

Lee Nuttall

Lee Nuttall (Jan 20, 2022 09:44 GMT)


Lee Nuttall

Philip G Clissitt

Philip G Clissitt (Jan 20, 2022 10:11 GMT)


Philip Gregory Clissitt

Andy Stylianou

Andy Stylianou (Jan 20, 2022 10:32 GMT)


Andreas Stylianou

3

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF GOWLING WLG (UK) CHARITABLE TRUST

________________

I report on the financial statements of Gowling WLG (UK) Charitable Trust for the year ended 5 April 2021, which are set out on pages 5 to 12.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the financial statements. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

This report, including my statement, has been prepared for and only for the charity’s trustees as a body. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body for my examination work, for this report, or for the statements I have made.

Basis of independent examiner’s report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, which is complete, no matters have come to my attention which give me reasonable cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Ian Holder FCA Mazars LLP Two Chamberlain Square Birmingham B3 3AX Jan 20, 2022

4

GOWLING WLG (UK) CHARITABLE TRUST

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) Year ended 5 April 2021

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE
ACCOUNT)
Year ended 5 April 2021
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE
ACCOUNT)
Year ended 5 April 2021
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE
ACCOUNT)
Year ended 5 April 2021
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE
ACCOUNT)
Year ended 5 April 2021
________________
Notes 2021 2020
£ £
INCOME
Gift aid donations 175,000 162,500
Interest 25 128
─────── ───────
TOTAL INCOME 2 175,025 162,628
─────── ───────
EXPENDITURE
Direct charitable expenditure:
Grants made 3 173,157 116,885
Governance 4 1,680 1,632
─────── ───────
TOTAL EXPENDITURE 174,837 118,517
─────── ───────
NET INCOME FOR THE YEAR 188 44,111
Balance brought forward at 6 April 2020 106,875 62,764
─────── ───────
BALANCE CARRIED FORWARD AT
5 April 2021 107,063 106,875
═══════ ═══════

All activities relate to continuing operations. The statement of financial activities includes all gains and losses recognised in the year. The notes on pages 7 to 12 form part of these financial statements .

5

GOWLING WLG (UK) CHARITABLE TRUST

BALANCE SHEET At 5 April 2021

BALANCE SHEET
At 5 April 2021
BALANCE SHEET
At 5 April 2021
BALANCE SHEET
At 5 April 2021
BALANCE SHEET
At 5 April 2021
___________
Notes 2021 2020
£ £
CURRENT ASSETS
Cash at Royal Bank of Scotland 8,743 43,507
Tax recoverable under Gift Aid 100,000 65,000
LIABILITIES
Amounts falling due within one year 5 (1,680) (1,632)
─────── ───────
TOTAL ASSETS LESS CURRENT LIABILITIES 107,063 62,764
═══════ ═══════
FUNDS
Unrestricted 107,063 106,875
═══════ ═══════

Jan 20, 2022

Approved by the trustees on _____

Lee Nuttall Lee Nuttall (Jan 20, 2022 09:44 GMT) _______ Lee Nuttall

Philip G Clissitt

Philip G Clissitt (Jan 20, 2022 10:11 GMT)

_______ Philip Gregory Clissitt

Andy Stylianou _______ Andy Stylianou (Jan 20, 2022 10:32 GMT) Andreas Stylianou

6

GOWLING WLG (UK) CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 5 April 2021

1. ACCOUNTING POLICIES

Preparation of accounts

The financial statements have been prepared in accordance with applicable accounting standards, and comply with the Statement of Recommended Practice: Accounting and reporting by charities preparing their accounts in accordance with FRS 102: Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS 102.

Accounting convention

The financial statements are prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Income

Income is included in the financial statements on an accruals basis, and is gross of any tax recoverable.

Expenditure

Expenditure is recorded on the accruals basis. The cost of irrecoverable value added tax is included with the expense item to which it relates.

Governance costs principally comprise Independent Examiner’s fees.

Grants awarded

These are recorded in the accounts at the time of the payments.

Funds

The unrestricted fund represents the whole value of the Fund which the Trustees consider is available to them for general grant making in accordance with the policy agreed by the Trustees.

Cash flow exemption

A Statement of Cash Flows has not been produced as the charity is within the small charity thresholds.

Going concern

After considering the future potential impact of COVID-19, the trustees are of a view that there are sufficient reserves to secure the immediate future of the Fund for the next 12 to 18 months and, on this basis, the charity is a going concern.

Judgements and estimations

The trustees have not made any significant judgements in the process of applying the accounting policies and there are no areas of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

7

GOWLING WLG (UK) CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 5 April 2021

___________

2. INCOME

INCOME
2021 2020
£ £
Gift aid donations 140,000 130,000
Interest 25 128
Income tax repayable 35,000 32,500
─────── ───────
175,025 162,628
═══════ ═══════

Cash has been donated in the year of £140,000 and the Trust expects to receive Gift Aid declarations for the full amount.

3. GRANTS

GRANTS
2021 2020
£ £
Acacia Family Support 1,000 -
Action for Kids Charitable Trust 500 -
Action for Stammering Children - 500
Alzheimers Society 500 500
All Saints Community Projects 500 -
Anawim - Women Working Together 500 -
Anthony Nolan 500 458
Autistica 1,000 -
Azad Kashmir Welfare Association - 500
Battersea Dog's and Cat's Home - 315
Bede House Association 5,000 -
Bentley Beginnings 500 250
Birmingham & Solihull Women's Aid 5,000 -
Birmingham City Mission 500 -
Birmingham Education Partnership Limited - 1,200
Birmingham Jewish Community Care - 500
Birmingham PHAB Camps 500 -
Birmingham LGBT 500 500
Birmingham Rape and Sexual Violence Project - 250
Birmingham Samaritans 500 500
Birmingham Women's and Children's Hospital Charity 500 350
Blind in Business Trust 500 500
Blind Veterans Trust 500 -
Boccia England Limited 500 500
Boxes of Basics 1,000 -
Brainstrust - 2,000
Breast Cancer Haven - 500
Breast Cancer UK - 375
British Heart Foundation 500 -
Build Up Foundation - 1,000
Burntwood Pathway Project - 500
Cancer Research UK 21,500 7,928
Cardiac Risk in the Young 500 -
Centrepoint Soho 400 500
Chase Africa 500 -
Cheylesmore Community Association Limited - 500
Children and Families Across Borders 500 500

8

GOWLING WLG (UK) CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 5 April 2021

NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
___________
3. GRANTS CONTINUED
Church of England Children's Society 1,000 750
Clapton Common Boys Club 500 500
Climbing Out 500 -
Club Peloton - 1,000
Community Safety Patrol - 500
Coram Beanstalk 500 -
Court Based Personal Support - 500
Crackerjacks Childrens Trust 500 -
Crisis UK 1,000 -
Crohn's & Colitis UK - 500
DEBRA 500 -
Demelza House Childrens Hospice - 250
Dementia UK - 175
Depaul UK 1,000 -
Designability Charity Limited - 500
Diabetes UK 632 -
Downs Syndrome Association - 600
Dudley Lodge 1,000 -
Educaid Africa 600 600
Endometriosis UK - 1,000
Entraide (Mutual Aid) 500 -
Fareshare 1,500 500
Firefighters Charity 750 750
Footprints Orphanage 1,000 500
Freedom From Torture - 500
Friends of the Elderly 500 500
Giving World 500 -
Hands on London - 1,000
Hazel Oak Parent Enterprise - 500
Headway Birmingham & Solihull 1,000 -
Heart UK - 500
Helping Disabilities Trust 500 -
Helping Hands Community Project 500 -
Hope Coventry - 550
Hope for Humanity - 200
Hope for Justice 1,000 570
Insight - Counselling Coaching and Support Services 1,000 -
Just Helping Children - 400
Juvenile Diabetes Research Foundation 500 -
Kairos - Women Working Together 1,500 -
Kids N' Action - 500
Kids Club Kampala 500 -
Kingswood Trust 500 -
Ladywood Community Project 5,000 -
Landaid Charitable Trust Limited - 750
Law Centres Federation 1,000 -
Lawyers Against Poverty 3,500 -
Listening Books 500 500
Living Without Abuse - 55
London Wheelchair Rugby Club 500 -
Macmillan Cancer Support 500 852
Maggie's Centres - 500
Manna Society 500 -
Martineau Gardens - 500
Michael Roberts Charitable Trust - 500
Midlands Air Ambulance Charity - 1,000
Misgav 500 -

9

GOWLING WLG (UK) CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 5 April 2021

NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
___________
3. GRANTS CONTINUED
Mind - 150
Motor Neurone Disease Association - 445
Mums and Midwives Awareness Academy 500 1,000
Music of Life Foundation 500 500
My Name'5 Doddie Foundation 500 -
Narthex Sparkhill 500 500
Nextmeal - 1,000
NSPCC - 150
Over the Wall 500 500
Peninim 500 -
Place2Be 1,500 620
Positive East - 1,000
Prevent Breast Cancer Limited - 500
Prostate Cancer UK 1,000 250
Providence Row 500 -
Re-Engage - 835
Refuge 1,000 1,000
Rhythm Beat and Drama - 500
Royal College of Speech and Language Therapists - 1,000
Safeline Warwick 1,000 -
Save the children - 1,000
Scottish Association for Mental Health - 350
SENSE 1,500 1,250
Services for Education Limited 750 -
Shakespeare Schools Foundation 500 500
Shelter 1,000 500
Shine 1,000 500
Shine @ Nechellspod - 200
Shooting Stars Children's Hospices - 300
SIFA Fireside 3,500 200
Sightsavers 500 -
Smallpiece Trust 1,000 1,000
Southwark Law Centre - 1,000
Spitalfields Crypt Trust 750 750
Sporting Club Inkberrow Ltd 500 -
St Basils 4,000 4,100
St Catherine's Hospice Limited - 720
St Christophers Fellowship - 300
St Martin's Youth Centre 1,500 1,500
St Mary's Hospice 1,500 250
Stoke Mandeville Spinal Research 1,000 -
Sudbury Neighbourhood Centre - 500
Suited for Success 3,500 -
Sunbeams London Ltd - 500
Support Through Court 500 -
Tackle Africa - 150
TastelifeUK 1,000 -
Teenage Cancer Trust - 250
Tiny Tim's Children Centre 250 -
The Air Ambulance Service 1,000 500
The Albrighton Trust Limited 500 500
The Ambulance Staff Charity - 380
The BIG Issue foundation 1,000 -
The Birmingham and Midland Operatic Society - 900
The Birmingham Settlement - 500

10

GOWLING WLG (UK) CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 5 April 2021

NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 5 April 2021
___________
3. GRANTS CONTINUED
The Brain Tumour Charity 10,000 -
The British Diabetic Association 1,000 -
The Buddy Bag Foundation 1,000 13,977
The Chesil Sailing Trust - 250
The Chevras Ezras Nitzrochim Trust - 300
The Cotteridge Church 500 500
The Duke of Edinburgh's Award 4,400 -
The Engineering Development Trust 500 500
The Footprints Family 250 -
The Grace Organisation - 500
The Guide Association Birmingham 1,000 500
The Haven Wolverhampton 1,000 -
The Hygiene Bank 750 -
The Jeff Astle Foundation - 1,000
The KEHS Trust 7,000 7,000
The Kenelm Youth Trust Limited 500 -
The Larches Trust Limited - 500
The Lily Mae Foundation 300 -
The Listening Place 500 -
The Lord Mayor's Appeal - 100
The Macular Disease Society 500 -
The Migraine Trust 1,000 -
The Pavement - 850
The Prince's Trust 500 500
The PSP Association 1,000 -
The Royal Academy of Culinary Arts Adopt a School - 250
The Royal British Legion 3,000 4,000
The Royal Marsden Cancer Charity - 175
The Royal National Institue for the Blind - 500
The Salvation Army Social Work Trust 2,500 1,000
The Save the Children Fund 1,000 -
The Story of Christmas 500 500
The Stroke Association - 750
The ZSV Trust 300 300
Thrive - 500
Toynbee Hall - 1,000
United St Saviour's Charity 10,000 -
University of Birmingham 5,125 4,500
University of Warwick - 2,000
University Hospital Birmingham Charities - 565
Vicar's Relief Fund 2,500 -
Walk the Walk Worldwide 500 -
Walsall Community Church - 500
Walworth Garden - 500
Warwickshire Social Inclusion Partnership 500 -
Wellbeing of Women - 500
Wheelpower - 190
Whizzkids 500 1,000
Willow Foundation 1,000 -
Wolverhampton Youth Zone - 1,000
Woman's Trust 1,000 1,000
Working Families 2,000 2,000
Young & Inspired Limited 400 -
Young Minds Trust 500 -
─────── ───────
173,157 116,885
═══════ ═══════

11

GOWLING WLG (UK) CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 5 April 2021

___________

4. GOVERNANCE

GOVERNANCE
2021 2020
£ £
Independent examiner’s fees 1,680 1,632
─────── ───────
1,680 1,632
═══════ ═══════

None of the trustees received any remuneration or reimbursement of expenses. Gowling WLG (UK) LLP does not charge fees or receive any payment for its management and administration of the charity.

5. LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021 2020
£ £
Independent examiner’s fees 1,680 1,632
─────── ───────
1,680 1,632
═══════ ═══════

6. RELATED PARTY TRANSACTIONS

There were no related party transactions during the year (2020: none).

7. STAFF

The charity employs no staff (2020: nil).

8. POST BALANCE SHEET EVENTS

During the financial year, there continues to be a global pandemic from the outbreak of COVID-19. Since the Balance Sheet date, the global pandemic from the outbreak of COVID-19 has continued to develop and continues to cause widespread disruption to normal patterns of business activity across the world, including the United Kingdom.

12