CHILDS CHARITABLE TRUST

Charity number: 234618
Removed charity

Charity overview

Activities - how the charity spends its money

The furtherance of the Christian Gospel, education and relief of the poor by active support and encouragement of Christian charities in the United Kingdom and abroad.

Income and expenditure

Data for financial year ending 30 September 2013

Total income:
£500,176

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Donations and legacies £0
Charitable activities £0
Other trading activities £0
Investments £130.65k
Other £369.52k

Total expenditure:
£701,531

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Raising funds £0
Charitable activities £581.58k
Other £107.27k

£244,443 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £119.96k
Charitable expenditure £581.58k

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Religious Activities
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Services
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales
  • Philippines
  • United States

Governance

Registration history:
  • 19 June 1964: Standard registration
  • 20 July 2015: Removed (Amalgamated)
  • 20 July 2015: Funds transferred to 1153327 CHILDS CHARITABLE TRUST
Organisation type:
Trust
Other names:

No other names

Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 30/09/2009 30/09/2010 30/09/2011 30/09/2012 30/09/2013
Total gross income £363.19k £528.68k £547.65k £409.04k £500.18k
Total expenditure £452.84k £641.62k £555.61k £931.12k £701.53k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A £0 £0 N/A £0
Income - Other trading activities N/A £0 £0 N/A £0
Income - Charitable activities N/A £0 £0 N/A £0
Income - Endowments N/A £0 £0 N/A £0
Income - Investment N/A £457.01k £547.65k N/A £130.65k
Income - Other N/A £71.67k £0 N/A £369.52k
Income - Legacies N/A £0 £0 N/A £0
Expenditure - Charitable activities N/A £414.54k £400.46k N/A £581.58k
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance N/A £19.37k £29.84k N/A £12.03k
Expenditure - Grants institution N/A £414.54k £400.46k N/A £551.31k
Expenditure - Investment management N/A £207.72k £125.31k N/A £662
Expenditure - Other N/A £0 £0 N/A £107.27k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 30/09/2009 30/09/2010 30/09/2011 30/09/2012 30/09/2013
Own use assets N/A £603 £0 N/A £0
Long-term investments N/A £8.88m £8.38m N/A £8.65m
Other assets N/A £1.06m £1.09m N/A £650.36k
Defined benefit pension scheme asset or liability N/A £0 £0 N/A £0
Total liabilities N/A £23.89k £23.94k N/A £103.33k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 September 2014 Not submitted
Accounts and TAR 30 September 2014 Not submitted
Annual return 30 September 2013 29 July 2014 On Time
Accounts and TAR 30 September 2013 29 July 2014 On Time
Annual return 30 September 2012 03 July 2013 On Time
Accounts and TAR 30 September 2012 03 July 2013 On Time
Annual return 30 September 2011 24 July 2012 On Time
Accounts and TAR 30 September 2011 24 July 2012 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

TRUST DEED DATED 19TH SEPTEMBER 1962

Charitable objects

THE OBJECTS OF THE TRUST SHALL BE THE FURTHERANCE OF THE GOSPEL OF GOD EDUCATION AND THE RELIEF OF THE POOR AND SUCH OTHER CHARITABLE OBJECTS AS THE TRUSTEES MAY FROM TIME TO TIME SELECT.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED