REGISTERED CHARITY NUMBER: 1005471 REPORT OF THE TRUSTEES LYD UNAUDITED FINANCLiL STATEMELYtS FOR THE YEAR EIYDED 5 APRIL 2024 FOR THE BEAUMoNf TRUST DTBC Ltd tla Thompson & Co SME House Unit Holme tacy Ind Estate Hereford Herefordshire HR2 6DR
THE BEAUMO1 TRUST CONTEwfs OF THE FINANCIAL STATEIMEN13 FOR THE YEAR ENDED 5 APRIL 2024 Page Report of the Trnstees ststement of anCIal Activitses Balance Sheet Nots5 to the Wm4ncial Ststements 4 to 7 Detailed Siatement of Finaneial Activities
THE BEAUMONT TRUST REPORT OF THE TRLSTEES FOR THE YEAR ENDED 5 APRIL 2024 The trustees prcscnt thcir report with the financial statements of the charity for the year ended 5 April 2024. The tnte¢S have adopted the provisions of Accounting and RetM)rting by Charttie5: StateTncnt of Recommended Prnctice applicable to charitie5 preparing their accounts in acwrdance with the Financial Rwrting Standard applicable in the UK and Republic of treland (FRS 102} (effective l January 2019). STRucfuRE, GOVERNANCE AND AGEMlr Governing document The charity is controlled by its governing dwumenL a deed of trust and constitutes an unincorporated charity. REFERENCE AND ADMINISTRATtVE DETAILS Registered Charity number 1005471 Principal address 14 Broad Street HeTeford Herefordshire HR4 9AP Trustees M Beaumont N Previte Approved by order of the board of trnstees on 5 Febn 2025 and Signed on its behalf by: Trustee Page I
THE BEAUMO1 TRUST STATEMENf OF FINAIYCIAL ACTIVITIES FOR THE YLIR ENDED S APRIL 2024 5.4.24 Unrestricted funds 5.4.23 Total funds INCOME AND ELYDOWMELYfs FROM tnvestment income Other income 26,683 3.820 23,786 3,370 Total 30,503 27,156 EXPENDITURE ON Other 26.130 26.783 Net gainsl(Ios5es) on investments 2.203 (6,634} NET INCOMEI(EXPENDrruRE) 6.576 (6.261) RECONCILIATION OF FLD5 Total funds brought forward 124.391 130.652 TOTAL FUNDS CARRIED FORWARD 130,967 124.391 The notes form part of th¢s¢ financial statements Page 2
THE BEAUMoNf TRUST BALLYCE SHEET 5 APRIL 2024 5.4.24 UnTestricted fijnds 5.4.23 Total fiu]ds Notes FIXED ASSETS Tallble assets 47206 47,206 CURRENT ASSETS Debtors Investrents C&sh at bank and in hand 2.001 71,384 11943 2,846 66,123 13.510 86.328 82.479 CREDITORS Amounts falling due within one year (2,567) (5.294) NET CURREiYf ASSETS 83,761 77.185 TOTAL ASSETS LESS Cb]UiEiYr LIABILITIES 130,967 124,391 NET ASSETS 130.967 124.391 FUNDS Unrestricted ftmds 130.967 124.391 TOTAL FUNDS 130,967 124.391 The financial ststements were approved by the Board of TnteeS and authorised for issue on 5 Febrnary 2025 and were signcd on its bchalf by= Trustee The notes forni part of these fmancial statements Page 3
THE BEAUMO1 TRUST NOTES TO THE FtNANCLIL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 ACCOUNTING POLICIES Basis of preparing tbe fin#neial Statements The financial stafrments of the charity. which is a public benefit entity under FRS 102. have been prepared in accordance with the Charitics SORP (FRS 102) 'Accounting and Rcporting by Ch8rities.' Statement of RQmMended 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 l 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 historic cost conventiorL Income All income is Tecognised 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 w b¢ measured reliably. Expenditure Liabilities are reCols¢d as expenditure as soon as there is a legal or construrtive obligation Committing the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the aTnount of the obligation can be measured reliably. Expenditse 15 accounted for on an accnlS basis and has been classified under headings that aggregat¢ all Cost related to the category. Where costs cannot be directly attributed to particular heath.ngs they have been allocated to activities on a basis consistnt with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to ThTite off each Msset over its estimated useful life. T2x#tio The charity is exempt from tax on its charttable activities. Fund accountillg Unrestricted funits can be u8ed in accordance with the ChItable objectives at the discretion of the tres. Restricted fimds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or wben fidS are rdised for particular restricted purposes. Further explanati(m of the nature and putpose of fund is included in the notes to the fmancial staternents. IWESTMENT INCOME 5.4.24 5.4.23 Rents received Interest receivable - trading 26.680 23.785 26.683 23.786 continue(L..
THE BEAUMONT TRUST NOTES TO THE FINANCtAL STATEMENTS- continued FOR THE YEAR ELYDED 5 APRIL 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustes. remuneration or other benefits for the year ended 5 April 2024 nor for the year ended 5 April 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 5 April 2024 nor for the year ended 5 April 2023. COMPARATIVES FOR THE sTATEmEL OF FINANCIAL A1VITIEs Unrestricted fiLnds tNCOME AND ENDOWMENTS FROM Investment income Other inwme 23,786 3.370 Total 27,156 EXPENDITURE ON Other 26,783 Net gainsl(losses) on investments (6,634) NET INCOMFJ(EXPENDrfuRE) (6,261) RECONCILIATIOIY OF FUNDS Total funds brought forward 130.652 TOTAL FUNDS CARRIED FORWARD 124.391 TANGIBLE FIXED ASSETS Freehold property COST At 6 April 2023 and 5 April 2024 47,206 NET BOOK VALUE At 5 April 2024 47.206 At 5 April 2023 47.206 Page 5 contknued...
THE BEAUMONT TRU NOTES TO THE FINANCIAL STATEME - tontinued FOR THK YEAR EIWED 5 APRIL 2024 CURRENT ASSET INVESTMEiYrs 5.4.24 5.4.23 Unlisted investments 71,384 66,123 CREDrroRS: AMouNfs FALLING DUE WITHtN ONE YEAR 5.4.24 5.4.23 Other creditor5 2,567 5294 MOVEMELYf IN FUNDS Net movement in fim(L8 At 5.4.24 At 6.4.23 Unrestricted fund5 General fund 124.391 6.576 130,967 TOTAL FUNDS 124,391 6.576 130,967 Nct movement in funds, includcd in thc above are as follows: Incoming Gains and losses Movement in funds expended Unrestrieted fund$ General fimd 30.503 (26.130) 2.203 6.576 TOTAL FUNDS 30.503 (26.130) 2.203 6.576 Comparative5 for movement in funds Net movement in fvnds At 5.4.23 At 6.4.22 Unrestricted funds General fund 130.652 (6.261) 124.391 TOTAL FUNDS 130.652 {6,261) 124.391 Page 6 continued...
THE BEAUMONT TRUST NOTES TO THE FINAYL CtAL STATEMEYtS- continued FOR THE YEAR EIYDED 5 APRIL 2024 MOVEMENT IN FUNDS . eonlinued Comparative net movement in funds, included in the aiM)ve are as follows: Incoming Resources expended Gains and losses Movement in funds 'nrestricted fvnds General fund 27.156 (26.783 } (6,634) (6.261) TOTAL FUNDS 27.156 (26.783) (6.634) (6,261) A current year 12 months and prior ycar 12 months combined position is as follows: Net movement in funds At 5.4.24 At 6.4.22 Unrestrieted funds General fimd 130.652 315 130,967 TOTAL FUNDS 130,652 315 130.967 A current year 12 months and prior year 12 months combincd net movement in fimds. included in the above are as follows: Incoming ReSoueS expended Gains and losses Movement in fimds Unrestricted funds Gcneral fund 57.659 (52,913) (4.431) 315 TOTAL FUNDS 57.659 (52,913) (4,431) 315 RELATED PARTY DISCLOS[1 S There were no related paty transactions for the year ended S April 2024. Page 7
THE BEAUMoiYf TRusr DETAILED STATEMENT OF FINANCIAL ACTlVtTtES FOR THE YEAR EIWED 5 APRIL 2024 5.4.24 5.4.23 INCOME AND ENDOWMENTS Investment income Rents received Interest receivable- trdding 26.680 23,785 26,683 23,786 Other income Dividends received Sundry Income 3,547 273 3.182 188 3.820 3,370 Total Ineoming resouttes 30.503 27,156 EXPENDrruRE Support costs Finance Insurance Light and heat Legal & Professional fees Accountancy fees Repairs & Maintenance Aviva Charges Payments to Chartties 3.349 2.722 2.232 900 154 493 19.000 3.360 912 302 487 19.000 26,130 26,783 Total resources exnded 26,130 26,783 Net fincome 4.373 373 This page does not forni part of the statutory financial statements Page 8