STRATFORD-UPON-AVON TOWN TRUST

Charity number: 1088521
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Town Trust distributes grant aid to other charities, groups and in some cases individuals to support projects and activities consistent with the Town Trust's objects. It also provides and maintains some community facilities and areas of public recreation. It works with other prominent charities to promote the interests of the charity sector and enhance the quality of life of local residents.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£3,713,208

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Donations and legacies £11.33k
Charitable activities £2.86k
Other trading activities £0
Investments £3.65m
Other £49.69k

Total expenditure:
£3,279,327

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Raising funds £883.76k
Charitable activities £2.40m
Other £0

£513,805 investments gains (losses)

Total income includes £115,000 from 2 government grant(s)

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.

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Raising funds and other expenditure £883.76k
Charitable expenditure £2.40m
Retained for future use £433.88k

People

15 Employee(s)

10 Trustee(s)

53 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£80k to £90k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Religious Activities
  • Arts/culture/heritage/science
  • Amateur Sport
  • Environment/conservation/heritage
  • Armed Forces/emergency Service Efficiency
  • Human Rights/religious Or Racial Harmony/equality Or Diversity
  • Recreation
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Sponsors Or Undertakes Research
  • Other Charitable Activities
Where the charity operates:
  • Warwickshire

Governance

Registration history:
  • 21 September 2001: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
04222949 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
TIMOTHY BAILEY Chair 04 July 2018
None on record
LEWIS JOHN MCNAUGHT Trustee 01 June 2024
None on record
Sarah Summers Trustee 01 June 2024
None on record
Mark Tailby Trustee 01 February 2023
None on record
SIMON LITTLEJOHNS Trustee 01 September 2022
None on record
Michael Rolfe Trustee 26 May 2022
None on record
Marion Elizabeth Homer Trustee 26 May 2022
None on record
Dr Henry Lu Trustee 26 May 2022
None on record
Jonathan Paul Smith Trustee 01 April 2022
None on record
Josephine Stevens Trustee 02 November 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £3.60m £3.14m £3.56m £3.55m £3.71m
Total expenditure £3.49m £3.13m £2.88m £3.58m £3.28m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £58.21k £224.64k N/A £115.00k
Income - Donations and legacies £7.71k £59.42k £236.37k £37.33k £11.33k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £7.32k £250 £1.08k £2.07k £2.86k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £3.58m £3.07m £3.32m £3.50m £3.65m
Income - Other £9.15k £2.34k £3.39k £12.65k £49.69k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £2.39m £1.71m £1.79m £2.15m £2.40m
Expenditure - Raising funds £1.10m £1.43m £1.09m £1.42m £883.76k
Expenditure - Governance £60.46k £60.11k £73.98k £78.53k £68.46k
Expenditure - Grants institution £1.74m £1.09m £1.17m £1.48m £1.78m
Expenditure - Investment management £870.14k £1.43m £1.09m £1.42m £667.27k
Expenditure - Other £0 £0 £0 £0 £0

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 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £1.76m £1.68m £1.63m £1.58m £1.53m
Long-term investments £59.90m £56.68m £58.37m £56.92m £57.88m
Other assets £1.96m £3.19m £3.21m £2.59m £2.70m
Defined benefit pension scheme asset or liability -£333.00k -£671.00k -£302.00k £0 £0
Total liabilities £2.67m £3.84m £3.15m £3.53m £3.60m

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 31 December 2023 01 October 2024 On time
Accounts and TAR 31 December 2023 01 October 2024 On time
Annual return 31 December 2022 04 October 2023 On time
Accounts and TAR 31 December 2022 04 October 2023 On time
Annual return 31 December 2021 26 October 2022 On time
Accounts and TAR 31 December 2021 26 October 2022 On time
Annual return 31 December 2020 13 October 2021 On time
Accounts and TAR 31 December 2020 13 October 2021 On time
Annual return 31 December 2019 21 October 2020 On time
Accounts and TAR 31 December 2019 21 October 2020 On time
Submit annual return Open in new window

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.

MEMORANDUM AND ARTICLES INCORPORATED 24 MAY 2001 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 03 APR 2003 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 03 JUN 2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 06 JUL 2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 27 JUN 2012 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 03 JUL 2014 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15 SEP 2020 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 14 SEP 2022 as amended on 03 Jun 2008 as amended on 11 Sept 2024

Charitable objects

FOR THE BENEFIT OF THOSE LIVING IN THE TOWN OF STRATFORD-UPON-AVON (I) TO RELIEVE NEED, HARDSHIP AND DISTRESS AMONG BENEFICIARIES (II) TO RELIEVE SICKNESS, DISABILITY, OLD AGE AND INFIRMITY AMONG BENEFICIARIES (III) TO PROVIDE OR SUPPORT THE PROVISION OF FACILITIES FOR EDUCATION FOR BENEFICIARIES, INCLUDING THE ADVANCEMENT OF LEARNING AND KNOWLEDGE (IV)TO PROVIDE OR SUPPORT (WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR BENEFICIARIES IN THE INTERESTS OF SOCIAL WELFARE) FACILITIES FOR RECREATION AND OTHER LEISURE TIME OCCUPATION (V) TO ADVANCE THE CHRISTIAN RELIGION FOR THE BENEFIT OF BENEFICIARIES (VI) TO FURTHER ANY OTHER CHARITABLE PURPOSES FOR THE GENERAL BENEFIT OF THE BENEFICIARIES AND, IN PURSUANCE OF THOSE CHARITABLE PURPOSES, THOSE STUDYING OR WORKING IN THE TOWN MAY ALSO BENEFIT PROVIDED THAT, ALTHOUGH THE FUNDS OF THE CHARITY MAY BE USED TO SUPPLEMENT PROVISION FROM STATUTORY SOURCES, THEY MUST NOT BE USED IN THE DIRECT RELIEF OF RATES, TAXES OR OTHER PUBLIC FUNDS

Area of benefit

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

STRATFORD-UPON-AVON

Contact information

Address:
Stratford Town Trust
14 Rother Street
STRATFORD-UPON-AVON
CV37 6LU
Phone:
01789207107
Email:
admin@stratfordtowntrust.co.uk
Website:

www.stratfordtowntrust.co.uk Open in new window