Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C REGisfaiED CHARIfY NUMBEIL. 1029337 REPORT OF THE TRiisfEES AND UNAUDITED FINAficIAL ￿ATEmEr1rS FOR THE YEAR ENDED 30 SEPTEMBER 2020 FOR THE BErrY MARTIN CHARITY Lewi5 Brwlee (Chichester) iimtoy Grange House Grènge Fioad Nidhurst West Sussex GU29 9LS Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C THE BErrY MARTIN CHARirY CONfEKfs OF ThE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Page Report ofthe Tn￿￿9 I to 3 Independent Enmlner's Report ststement of Financijl Activrties Balance Sheet Note5 to the Financial Statements 7 to 10 Detsiled Statsm￿nt of Finandal ALtlvities li Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2020 The Twstees PTEWt thar rewrt th the finar￿la1 statements ofthe charity for the year ended 30 Seixemter 2020. The Trustett5 have adoptal the prowyons of AccountiThJ and Repc*ling by Charitses: Stknnent of Re¢rynmeThled Pracbce apF4icaL4e to charTbes txEparing their accourts in accordano with the Flnancial RerortirYJ Stsndèrd 3thicabJe in the UK and RepubTrt of Ireland CFRS 102) {effecbve l January 201￿. ObJectlve5 and aims The charitys Objects are to a(fvance education by womding financial ￿1p arKi trdlnlng fcf young peorle to enable them to acquire mathtle skslls. There h35 been no change in tmese during the year. The Truste04 ￿ve ￿ld due Fegard to guidan￿ i55ued by the Charity ComNMSSton on public benefit in dellding what cts"vrties clorty should undertake. Sgnifi¢ant a£tNAIÈs The main area c( charilaiAe acomty is the prows￿1 of top up grartSto pay fe25, b7vd exp￿Ses, mairtenarKe in apprenticeships and forthe purchase of twks,tools ett. AP￿Icants mLSt be r&idert in the cwnty of West SJss2x and prderence wlll be ghRn to those apFlicants who Iwe within a radius of fif￿ thles of Midhur# fmm Midhurst parish church. AC￿EVEmENr AND PERFORMAN Charitable artivitses £15,247 worth cl grnnts hwe awarded during the year (£14,771 last yearl.This includ8J a further £10,￿0 t*ng awarded to Easeboume Prirypry Sthcd to estsbllth a Nuktyre Room. The Oerk cothrnjes to get te]ephone calls, emalis and post regarding grdnts. We r￿e 8WLllries from the loral college and schools and the website- Turn2us- Ilags up the Betty Ma￿"n Charty. Sadly the Objects have not been aFgIKable tD many clthe enquirias and, rf app]icatle, the Cbiects have fmvarded giving clarrfiotiDn. FINANcfAL REVIEW Financial PDSition The invesbrttt I￿¢me has deCrea￿d frorn É29,099 tast year to £26,422 this year. The Ove￿11 expend￿Ure has increa* margIr￿llY from £27,155 to £27,881. This include5 a g))all Inc￿se in grants awarded to indimduals as well as a further £10,000 grènt bw'ng awarded to Eafjthume Primary SctK)d. The invesbrets prc*Juced unrealised losses cl £77,935 comparerj tt) £64,096 unrealised gains ksl wr. Corwuendyi the balance Sheet restsves have redutsd from £786,079 to £706,767. Reserves policy It is the pdicy rf the chatity that unr&icted funds whlch have not been delgnated fw a s￿￿[fiC use 5hwld maSntslned at 3 levd eqLJfvalent to betwe￿ th￿ sx rTh)nth's eXpendi￿re, The Tru*s consider that reserves at this level will ert5ure lJ)a¢ in the event of a SwJn￿1(ènt drop in fundingi they ￿11 be ab]e to cortinue the current acbiqbes while c￿51(Jer0tlc￿ is gwi to ways in whlch addrtsc*)al funds may be raised. This levd of reseNe5 ha5 been maintaingj throughwtthe year. Goiny concern At the time of appromng the accounts, the Tnstees have a reasonable wects1j¢￿ that the Twst has ad￿uate resources to cenb.nue in oper71ional exi5￿ce for the foreseeable futu￿. This is bome out by the fact that the ftr reachiThJ effects of the panddnic, the thaiitrl s reserves t(kn1 £706,767 at the end of the ac¢ountr"rrfJ ￿r. ￿nditure in the year (£27,881) margirolty pjceeded incon* *fore tsla.ng into account unrealised losse5 the ￿r. In the first q￿rter fcllowing of this ￿Hr, Inve5tTnut cash r*ms rttovtted to £781.774 - increased from £695,174. Thu5 Trustees continue to adcyt the going concun basts of accwnting in prepathg lfr accourrt& Page I Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C THE BErrY MAirrzN CH REPORT OF THE TRusfEES FOR THE YEAR ENDED 30 SEPTEMBER 2020 FUTURE PLANS Although the Trustees d*Jn* me& in p￿￿ kist due to the I￿kthWn caused by tr￿ pandem￿, effectwe d￿[￿c￿ mkn'ng wa dYk4ils and other dectronic communlcatlon the charty to Con￿nUe to tleal grant appilcatsons as The Tru*ee5 are Ic•Jking forward to the new year consideratle cptimI￿ ènd slncerdy that sgnifKanty rnore local Feople might b￿￿t friwn vthatever flnanaa support the Trust nKgy be able to offer, The sbJnffiont financial suppcrt gIV￿ to Easetoume Primary Schod helping to tlevek4) a Nurture during the last yeaFS shows l￿W deteMTh￿J the Trustees are to kwmde help f￿ advancing educat*)n -wrfically in the kKal affj. srRUCTUR& GOVERNANCE AND MANAGEMEr Governing document The chority is ccthld by its goveming d¢￿uMent, a deed ￿tru* and constrtutes an ￿incOr￿￿ètrd charty. Charity constitution The charity was est3￿1*1ed on 30 Novembw 1993, arbj is registw&l under thaiites Act (registration number 1029337). Reuuitment ?nd appoithent of new trustees New Trust￿ a￿ appoint8J with the full agreenEnt of the LTh)ard to use their thlls and pJpem"ence as directaj. New Trustees are direrted to the Charty ComryM5son web site and 5pecrfically to the Intr(x1uctory guide "O)arity Trustee whavs invdved" {CQa) and the detsiled guidan￿ Yhe essenifjal Trustee.. what you to lts)tsw, what ycu need to do" {CC3). Oryani5ational 51TUCture The g￿nt application prccedV￿ continues as tefc¢e. the aeJk forwards by email. Cf suns the roptrs atNI forwards to all Twstes The TrL￿teeS use ¢ynail in their respjnse to the apF4io3tions and apprO￿late p4)ers recetrval. 'repty to all. so that each Tru* is aware d each (thers's reSp￿Se. The Tru#ees continue to be strKt in their adhemce to the Objetts, with Preferen￿ to those who live within fifw) mlle radius of Midhurst Pdiish thurch. All aFvlicatic￿s are congdered. Mr NIC￿￿è$ Ta￿Or of Chath5 continues ts manage the funds. Mrs Matkjane continw in the rde of aeWcorresp)ndenL Risk rnan•y?m•bt The trustEes have assessed the major r15ksto whid) the charty is e¥p)sed. and are sjbsfied that systuns are in rAate t mÈti"gate eKpDsu￿ to the ll*s. REFERENCE AND ADMINISTRATIVE ￿AILs Reylstrred Charity nun)ber 1029337 Piincip•l address 46 Guillards Oak Mldhur5t W& ￿$seX GU29 9JZ Twste Ms J Lorrimw4keen D J Mccaheaty Mrs E M(x)re N W Smpson S Legrdve Mrssaa Page 2 Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E2248B5621 E120C Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C THE BErrY MARTIN CHARirY REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2020 REFERENCE AND ADMINisfRATIVE DETAILS Independent Examiner Sardh Alexand￿ FCCA FCA Lthis Brownlee (Chichester) Lim￿￿1 ¢knnge House Grange Road Midhurst West Su GU29 9LS Bank¥s Natiwal Westrninst¥ Bank PLC RumiKAds Hill Midhur West Sussex GU29 9D8 Charteris Treasury PO￿0110 Managers Ltd 25 *uthemhay East E%1 IQP Delegated Manayemert Mrs M Crisp Apwov& by crder of the iwrd of tru#e2g cn ... .. .... . and signed ￿ its by. rrn￿-Green- Trustee Page 3 Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C INDEPENDETrTf EXAMINER'S REPORT TO THE TRUSTEES OF THE MARTEN CHA Independent &XamIner￿ report to the lyustees of The Betty Mhrtin Choiity I rewrt to the charity trustees on my examinatirn of the accounts of The *ty Martin Chèrity (the Trust) for the year ended 30 September 2020. Responstbilities and basis of repurt As the charty trus￿ of the Trust you are responsiL)le the preparation of the accourrts in accordance the requirements c¢ the Charits"e5 Art 2011 (the Actrl. I report in resFe£t ￿ nty examlnaOon of the Trusvs ￿CoUnts canied out under secbon 145 d the Art and in otyng out my exanyn*"on I have fdlowed all aN)licable Llrecticns gwen ty the Charity Commis9(n section 14515Xb) of the Independant examin*s statement l ￿ve compkted my examination. I confimi that no mtsial Mat￿ have conr to my atten￿￿ in Conn￿tion ¥￿th the examination gMNJ me cause to ￿lIeVe that in any material r2£ accounting reccxds wwe Th)t kept in re¥ect of the TrLtst as required by 5￿tion 130 of the ACL. or the accounts do not accord those records or the accounts do nvt comply %•Ath the a￿VI￿ble reouiremerts ccnceming the f￿M and content of Kcounts set out in the Charitles (Accounts and Re￿rts) Regulati￿$ 2008 other than any requirement that the accounts gNe e and fair wew ￿lch is not a mattff ci)nsider& as an Independ￿ exBmination. I have no concems and have ccffie across no other rrfitters in connection the examinat#)n tn which att8)tiC￿ thwld be drBwn in this repjrt in order to e￿able a kwper under5tsnding of the BCCWE)ts to be reached. Do¢uS￿nId by.. A6$236012E884C4 Sarah ￿jex7nder FCCA FCA Lewis Brownlee (Chichester) GrnrvJe House GTrr4Je Road Midhurst West 9Jssex GU29 9LS 07 september 2021 1 02.'03 PDT Page 4 Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C THE MARTXN CHARrrY srATEMENf OF FINANCIAL A￿IV[riEs FOR THE YEAR ENDED 30 SEPTEMBER 2020 2020 iknrestricted fund Total fund5 2019 INCOME AND ENDOWMEKfs FROM Invesbnent income 26A22 29,099 EXPENDThURE ON Ralsiny fund5 11,231 10,879 Charrtèble athibes Grants Fpyabk 15,247 14,771 IA03 1,505 Totsl 27WI 27.155 Net ￿Ing{lO&￿) on investments 82 116,061) NEf INCU41EI(EXPENI)rruKE) (1,377) {14,1171 Other recoynised gainsl(losse5) Gains/tlow) on revaluation d fix& assets (77,935) 64,096 Net movement funds {79J12) 49,979 RECONCIUATXON OF FUNDS Tolal fvnds brouyhtfonyard 766,079 736,100 TOTAL FUNDS CARRIED FORWARD 706,767 786,079 The nc*e5 f(￿ part of these flwncial ststgnertS Page 5 Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C BALANCE SHE 30 SEPTEMBER 2020 2020 UDrestricted fund Total funds 2019 FIXED ASSErs Investments 611,924 711,143 CURREf4T ASSErs Cash 3t bank 94•3 74,936 CURRENT ASSErs 94•3 74.936 70￿767 786,079 NEf ASSErs 706,767 786,079 FUNDS Unrestricted fuTrds 706,767 786,079 TOTAL FUNDS 706,767 786,079 The financial sL3tenrts were by the W3rd of Trustees aThJ authorisej for issue .. and were ggned (n ty. rriMe￿Green. Trustee S iegra¥e. Tnjstee The notes fcrni part ￿ these finanoal statements Page 6 Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 É120C Docusign En¥ÈlopÈ ID." DF11ADEB425C4446-8E224BB5621 E120C THE MARTIN CHA NOTES TO THE FINANCIAL ￿AlEmENTs FOR THE YEAR ENDED 30 SEPTEMBER 2020 ACCOUNTING POLICIES Basls of preparing the financial statsments The financia5 siatemerts of the charity, Trknich is a puL4ic bentht erth under FRS ID2, have pry)ared in cordance witt) the Charibes ￿Rp(FRs 102) 'Accounb"rrfJ and RewJrtiThJ by Ch3rVaes.' Ststsment Reccffimended PTa(ti￿ appliCa￿e to charities preparing their aCc￿Jnts in Kcordance with the Financial Reptiting Stsndèrd applic3￿e in UK and RepuNic of Ireland (FRS 102) {effecbve l January 2015)., Financial Retwbng Stanthrd 102 The Financol ReD)rtiThJ S13ndard ap￿icab]e in the UK and RepU￿1C of Ireland, and the Charities Att 2011. The finarKlal 5taternuts have iEen prwared the historical cost convention with the exception of inveStn￿ts whKh are includèj at market Wdlue. Income All incom2 15 recognised in the Stat￿￿eTrt of fin￿0a1 Athties once the tharty has enuuement to trE fun(is. 6t Is probable that tre incont will be receThied amount can meayjred rdiab￿. £%￿lditure abilities are reccgni5ed as exkEnditU￿ as stK)n as there is a I￿al or constnKbve oblioation commltting the thartty to that eypenditure, It Is prcthYe that a knn4er ￿ ecoTr)mic ben￿lts will be requiral in getrlematt and the amount of the o￿lgatIOn can be measured rehabty. Expenditure is accourrted for co an accruals bas￿ and has been classffied undtr he3dings aggregate all co# rela￿ to the categury. Where costs cannot be dlrecuy ttrlbLtsd trj particular headings they have b￿n allrKatsl to acbv1ty￿ on a bass cons&ent wtLh the use ( Grants offered 5ublert to tr)nd￿Ons wNch have not been met * the year end dale a￿ noted a5 a corY¥nitrnert trAJt nrt accrued as expenditu Taxation The charity Is e