THE JOSEPH AND FRANCES CLARK TRUST

Charity number: 1170424
Charity reporting is up to date (30 days late)

Charity overview

Activities - how the charity spends its money

PRESERVATION OF THE NATURAL BEAUTY OF STREET AND ISTS VACINITY, AND THE BENEFIT OF THE INHABITANTS OF STREET AND ITS VACINITY

Income and expenditure

Data for financial year ending 05 April 2024

Total income:
£1,251,746

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Donations and legacies £1.09m
Charitable activities £121.58k
Other trading activities £0
Investments £3.94k
Other £37.22k

Total expenditure:
£347,808

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Raising funds £9.11k
Charitable activities £338.70k
Other £0

£0 investments gains (losses)

Total income includes £105,216 from 6 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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £9.11k
Charitable expenditure £338.70k
Retained for future use £903.94k

People

3 Employee(s)

5 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

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

What the charity does:
  • General Charitable Purposes
  • Environment/conservation/heritage
  • Recreation
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Buildings/facilities/open Space
Where the charity operates:
  • Somerset

Governance

Registration history:
  • 28 November 2016: CIO registration
  • 30 January 2025: Funds received from 267441 THE JOSEPH AND FRANCES CLARK TRUST
Organisation type:
CIO
Other names:

No other names

Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Investing charity funds policy and procedures
  • Serious incident reporting 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

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
RICHARD BANCROFT CLARK Chair 28 November 2016
WALTON PLAYING FIELD AND VILLAGE HALL CHARITABLE TRUST
Received: On time
NATHAN CLARK 1984 CHARITABLE SETTLEMENT
Received: On time
THE CLAVERHAM MEETING HOUSE TRUST
Received: On time
THE ALFRED GILLETT TRUST
Received: On time
THE CRISPIN HALL TRUST
Received: On time
CLARK FOUNDATION
Received: On time
WILLIAM ROGER CLARK Trustee 28 November 2016
STREET LIBRARY TRUST
Received: On time
THE CRISPIN HALL TRUST
Received: On time
ALICE HELENA WAKEFORD Trustee 28 November 2016
None on record
WILLIAM BANCROFT PEDDER Trustee 28 November 2016
None on record
SIBELLA MARGARETHA PEDDER Trustee 28 November 2016
None on record

Financial history

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Financial period end date

Income / Expenditure 05/04/2020 05/04/2021 05/04/2022 05/04/2023 05/04/2024
Total gross income £28.28k £40.24k £84.58k £469.01k £1.25m
Total expenditure £131.65k £200.96k £164.03k £190.80k £347.81k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £17.78k £21.96k £75.65k £66.88k £105.22k
Income - Donations and legacies N/A N/A N/A N/A £1.09m
Income - Other trading activities N/A N/A N/A N/A £0
Income - Charitable activities N/A N/A N/A N/A £121.58k
Income - Endowments N/A N/A N/A N/A £0
Income - Investment N/A N/A N/A N/A £3.94k
Income - Other N/A N/A N/A N/A £37.22k
Income - Legacies N/A N/A N/A N/A £0
Expenditure - Charitable activities N/A N/A N/A N/A £338.70k
Expenditure - Raising funds N/A N/A N/A N/A £9.11k
Expenditure - Governance N/A N/A N/A N/A £58.18k
Expenditure - Grants institution N/A N/A N/A N/A £0
Expenditure - Investment management N/A N/A N/A N/A £0
Expenditure - Other N/A N/A N/A N/A £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 05/04/2020 05/04/2021 05/04/2022 05/04/2023 05/04/2024
Own use assets N/A N/A N/A N/A £2.17m
Long-term investments N/A N/A N/A N/A £588.25k
Other assets N/A N/A N/A N/A £319.92k
Defined benefit pension scheme asset or liability N/A N/A N/A N/A £0
Total liabilities N/A N/A N/A N/A £22.08k

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 05 April 2024 07 March 2025 30 days late
Accounts and TAR 05 April 2024 07 March 2025 30 days late Download Open in new window
Annual return 05 April 2023 15 April 2024 70 days late
Accounts and TAR 05 April 2023 15 April 2024 70 days late Download Open in new window
Annual return 05 April 2022 19 April 2023 73 days late
Accounts and TAR 05 April 2022 19 April 2023 73 days late Download Open in new window
Annual return 05 April 2021 05 August 2022 181 days late
Accounts and TAR 05 April 2021 05 August 2022 181 days late Download Open in new window
Annual return 05 April 2020 17 May 2021 101 days late
Accounts and TAR 05 April 2020 17 May 2021 101 days late Download Open in new window
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.

CIO - FOUNDATION Registered 28 Nov 2016

Charitable objects

1) THE OBJECTS OF THE CIO ARE THE ADVANCEMENT OR FURTHERANCE OF SUCH CHARITABLE PURPOSES OR CHARITABLE INSTITUTIONS AND IN SUCH MANNER AND IN SUCH PROPORTIONS AS THE CHARITY TRUSTEES MY FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE. 2) WITHOUT PREJUDICE TO THE GENERALITY OF THE OBJECTS IN CLAUSE 3(1) OR TO THE EXERCISE BY THE CHARITY TRUSTEES OF THEIR DISCRETION, IN RECOGNITION OF THE WISHES OF WILLIAM BANCROFT CLARK AS THE FOUNDER OF THE CIO'S PREDECESSOR CHARITABLE TRUST (BUT NOT SO AS TO IMPOSE ANY BINDING TRUST OR OBLIGATION) THE CHARITY TRUSTEES SHALL FROM TIME TO TIME IN SELECTING PARTICULAR CHARITABLE PURPOSES GIVE PREFERENCE FIRSTLY TO CHARITABLE PURPOSES FOR THE PRESERVATION OF THE NATURAL BEAUTY, ASPECTS AND FEATURES OF THE AREA OF STREET, SOMERSET AND THE VICINITY THEREOF, AND SECONDLY TO CHARITABLE PURPOSES FOR THE BENEFIT OF THE INHABITANTS OF STREET AFORESAID AND THE VICINITY THEREOF.

Contact information

Address:
44 High Street
STREET
BA16 0EQ
Phone:
01458442211
Email:
accounts@greenbank.house
Website:

No information available