LONGMEADTRUST FUND ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023 IONGMEAD TRUST FUND ANNUAL REPORT YEAR TO 5 APRIL 2023 Longmead Trust Fund is constituted by deed of Trust and is a registered charity number 1010211. It's correspondence address is Cardrew House, Cardrew Industrial Estate, Redruth, Cornwall. TR15 ISP. The Charity Trustee5 during the year to 5 April 2023 were.'_ Mr P E Rodda (Chairman & Treasurer) Mrs C M Rodda MT A J Rodda Mrsj E Rodda Trustees do not serve for a fixed term and new trustees are appointed by the existing trustees. The main objective5 Of the ¢harity are lal the advancement of the Christian Religion and Ibl the relief of the poor and needy. This is achieved by making grants and loans to other relevant charitable organisations and by grants and loans to individuals. The funds to make grants are obtained from voluntary contributions under the gift aid scheme, donotions, investment income and from loans from indlviduals. ReseNe5 at the end of the year amounted to approximately 2.0 times12022 - 1.1 time51 the level of grants made during the year ended 5 April 2023. Grants made durin8 the year to 5 April 2023 comprised:_ Grant5 to other ¢haritable organizations Grants to Individuals Total Grants made 28,257 3 individuals benefited from grants ranging from £600 to E2,4(K). 14 organisations benefited from grants rangin8 from E180 to É12,000. The trust's bankers are Lloyds Bank PLC., Market Square, Camborne, Cornwall, TR14 8JT. The Independent Examiner is Simon Reed of Graham Smith Chartered Accountants, Cardrew House, Cardrew Industrial Estate, Redruth, Cornwall TRIS ISP. The above report was approved by the Trustees and si8ned on its behalf: MrP E Rodda ITru5teel Date INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF LONGMEAD TRUST FUND I report on the accounts of the Trust for the year ended 5 April 2023, which are Set out on pages 3to7. Respertive responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity'5 trustees consider that an audit is not required for this year Under Section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts lunder sectSon 145 of the 2011 Aetl,. to follow the protedures laid down in the General Directions given by the Charity Commission lunder section 145151 Ibl of the 2011 Attl,. and to state whether particular matters have come to my attention. Basls of Independent examinerf5 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 charitv and a comparison of the accoLtnts presented with those records. It a150 includes consideration of any unusual items or disclosures in the accounts, and 5eekin8 explanations from you a5 tru5tee5 concernin8 any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion 15 given as to whether the amounts present a 'true and foir view, and the report is limited to those matters set out in the statement below. Independent examlnerfs statement In connection with my examination, no matter has come to my attention.. whith gives me ￿a￿nable cause to belleve that in any material respect the requirements to keep proper accounting records in accordance with section 130 of the 2011 Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met. or 121 to which, in my opinion, attention should be drawn in order to enable a proper undeT5tanding of the accounts to be reached. Simon Reed FCA Graham Smith Chartered Accountants Cardrew House Cardrew Industrial Estate Redruth Cornwall TR15 ISP Date LONGMEADTRUST FUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED S APRIL 202 Note5 2023 2022 INCOMING RESOURCES Voluntary Income.. Donation5 and Gift Aid Payment5 Tax Payment5 arising on the above 33,OC 21,704 41,250 19,809 5,000 Other Income Investment Income- Interest TOTAL INCOMING RESOURCES 26 RESOURCES EXPENDED Charitable Expenditure Grants to Organisations Grants to Individuals Governance Costs- Independent Examiner'5 Fees Other TOTAL RESOURCES EXPENDED 28,257 4,500 870 50,424 1,500 780 269 NET INCOMINGIIOUTGOINGI RESOURCES FOR THE YEAR BEFORE OTHER GAINSIILOSSESI 7,649 128,1621 OTHER RECOGNISED GAINSIILOSSESI NET 5NCOMINGIIOUTGOINGI MOVEMENT IN FUNDS 7,649 128,1621 TOTAL FUNDS AT 6 APRIL 2022 TOTAL FUNDS AT 5 APRIL 2023 The notes on pages 5 to 7 form part of these accounts All funds are unrestricted. LONGMEADTRUST FUND BALANCE SHEET ALL UNRESTRICTED FUNDS FOR THE YEAR ENDED 5 APRIL 2023 5A ril 2022 Notes CURRENT ASSETS Debtors - Tax Repayments Due Balance at Bank 23,016 25,840 92,479 l(K).254 CURRENT LIABILITIES Creditors Amount Falling Due Within one Year NET CURRENT ASSETS NET AssErs Represented By.. FUNDS OF THE CHARITY Unrestricted Income Fund The accounts were approved by the Trustees and signed on their behalf.. 04 Mr P E Rodda (Trusteel Date LONGMEAD TRUST FUND NOTES TO THE A NTS YEAR ENDED 5 APRIL 2023 ACCOUNTING POLICIES IA) Basis of preparation of Accounts. The accounts have been prepared in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and with the Charities Att 2011. Incoming resource5 are included in the statement of financial activities ISOFAI when:. the charity become5 entitled to the resource5 it is more likely than nol that the trustee5 will receive the resources and the monetary value can be measured with sufficient reliabilitv I C I Income tax repayments relating to Gift Aitl Payments have been included a5 income of the year in which the gift aid payments were received. Any gift aid amount received on a donation is ¢onsidered to be part of the gift and is treated as an addition to the same fund. FUND5 All income and outgoing resources, assets and liabilities relate to the unrestricted income fund. There are no capital funds or restricted income funds. TRANSACTIONS WITH TRUSTEES During the year to 5 April 2023 land 5 April 20221 there were no transactions with tru51ee5. LONGMEADTRUST FUND NOTES TO THE ACCOUNTS YEAR ENDED 5 APRIL 2023 4. GRANTS TO ORGANISATIONS 2023 2022 Amen Trust Arab World Ministries Barnabus Fund Boundless Trust Cancer Research Christian Compassion Ministries Constantine Church Counte55 of Huntingdon Connexion Flashlight St Ives International Christian Consulate Keswick Convention Trust Latin Link Marie Curie Mission Moldova Nations Trust Open Air Campaigners Open Doors Operation Mobillsation Oriel Ministries Saltmire Trust Scorrier Chapel Sea Sanctuary Searchlight Theatre Slavit Gospel A550Ciation Tear Fund WEC International World Hori20ns Youth with a Mission loo 500 5,000 500 500 200 2,729 2,640 500 2,987 soo 5Cy) 1,000 2W 2,000 50 500 I,(K)O 2.500 I,soo 4,125 4.200 1,000 400 4,050 500 500 180 1,000 680 1,000 5,000 GRANTS TO INDIVIDUALS Given in pursuit of their ministry The previovs yearfs figure includes a repayment of £IO,LKJO relating to a 8rant paid in a previou5 vear. LONGMEAD TRUST FUND NOTES TO THE AcCou￿rS YEAR ENDED S APRIL 2023 BALANCE AT BANK 2023 2022 Lloyds Barclays 27,022 48,445 CURRENT LIABILITIES 2023 2022 Trustees Loans Other Creditors 31,778 31,778 The Trustees loan was advanced by Mr P E Rodda. The loan is repayable on demand and carries no interest.