## **THE RICHARD AND JACK WISEMAN TRUST** ## **Charity Number: 1036690** ## **ANNUAL REPORT & FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED** **30TH APRIL 2024** ## **The Richard and Jack Wiseman Trust Legal and Administration** **Current Trustees:** Colin G. Wiseman Julie P. Wiseman John F. Johnson Martin R. Arnold Peter J. Coyle **Principal Address:** **Independent Examiner:** 3 Copley Dene Bromley BR1 2PW Accounting Without Borders St Mary's Court The Broadway Amersham HP7 0UT United Kingdom **Bankers:** CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Mailing Kent ME19 4JQ Page:2 ## **The Richard and Jack Wiseman Trust Trustees Report For the year ended 30 April 2024** The trustees present their report and financial statements of the charity for the year ended 30 April 2024. The board of trustees are satisfied with the performance of the charity during the year and the position at the year end and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The charity is constituted by a Trust Deed dated 15 April 1994 and its objects are to apply funds for charitable purposes in England and Wales. In selecting perons to be appointed as trustees, the existing trustees take into account the benefits of appointing a person who is able by virtue of his or her personal or professional qualifications to make a contribution to the pursuit of the objects or management of the charity in accordance with the trust deed. ## **OBJECTIVES AND ACTIVITIES** The Objectives of the Charities are set out in the Trust Deed. There are: 1) To provide funds which assist in the advancement of medical research into the cause and treatment of twin to twin transfusion syndrome and general placental disorders 2) To provide medical equipment which assists in the availablilty of adequate preventative treatment and early diagnosis of twin to twin transfusion syndrome and other general placental disorders and post natal equipment ## **PUBLIC BENEFIT** The Trustees confirm that they have considered the general guidance issued by the Charity Commission in connection with public benefit in setting the objectives of the charity and in particular they have considered how planned activities further the charity's objects. ## **ACTIVITIES AND PERFORMANCE** Since the commencement of the Covid pandemic in 2020, the research funded by the Trust has been stalled but will continue in earnest as things improve. All administrative work is carried out by volunteers assisting the Trustees. All funds are kept in readily available accounts to enable the Trust to fulfil its commitments promptly. ## **FINANCIAL REVIEW** The second year of the current research programme was paid for in this financial year. Unrestricted reserves at the end of the financial year were £116,357 Page:3 ## **The Richard and Jack Wiseman Trust Trustees Report For the year ended 30 April 2024** ## **INDEPENDENT EXAMINER** Acconting Without Borders were appointed as the charity’s examiners during the year. This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities and in accordance with the Charities Act 2016. ## **COLIN G. WISEMAN** 3 Copley Dene Bromley BR1 2PW Date: Page:4 ## **Independent Examiner's Report to the trustees of The Richard and Jack Wiseman Trust** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30th April 2024 ## **Respective responsibilities of Trustees and Examiner** As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). ## **Basis of independent examiner's report** I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner’s Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - accounting records were not kept in accordance with section 130 of the Act or - the accounts do not accord with the accounting records I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## **Manish Panjabi** Accounting Without Borders St Mary's Court The Broadway Amersham HP7 0UT United Kingdom Page:5 ## **The Richard and Jack Wiseman Trust Receipts and payments accounts For the year ended 30th April 2024** |**Receipts:**
Donations and legacies
Other trading income
Investment income
**Total receipts**
**Payments:**
Raising funds
Charitable activities
Funding research
**Total payments**
Net of receipts/(payments)
Transfers between funds
Cash funds brought forward at
1st May
Cash funds carried forward at
30th April|**Unrestricted**
**Funds**
**2024**
**£**
3,253
39,824
1,302
44,379
13,363
**-**
13,363
31,017
-
85,340
116,357|**Restricted**
**Funds**
**2024**
**£**
-
-
-
-|**Total**
**2024**
**£**
**3,253**
**39,824**
**1,302**
**44,379**
**13,362**
**-**
**13,362**
31,017
**-**
**85,340**
**116,357**|**Unrestricted**
**Funds**
**2023**
**£**
215
55,689
480
**56,384**
15,893
64,308
**80,201**|**Restricted**
**Funds**
**2023**
**£**
-
-
-
-|**Total**
**2023**
**£**
**215**
**55,689**
**480**
**56,384**
**15,893**
**64,308**
**80,201**
(23,817)
-
**109,157**
**85,340**| |---|---|---|---|---|---|---| |||||(23,817)
-
109,157
85,340||| Page:6 ## **The Richard and Jack Wiseman Trust Statement of assets and liabilities at 30th April 2024** ||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**| |---|---|---|---|---|---|---| ||**Funds**|**Funds**|**2024**|**Funds**|**Funds**|**2023**| ||**£**|**£**|**£**|**£**|**£**|**£**| |**Bank & Cash Balances**||||||| |Cash at Bank||||||| |Current account|59,118||59,118|35,473||30,727| |Deposit account|57,239||57,239|73,685||54,614| |Cash in Hand|||-|||-| ||||116,357|||85,341| |**Other Assets (Unrestricted Funds)**|||-|||-| ||||-|||-| |**Liabilities (Unrestricted Funds)**||||||| ||||-|||-| |||||||| |**Unrestricted Funds**|||**116,357**|||**85,341**| Nov 22 2024 Approved by the trustees on _____________ and signed on their behalf by:- _____________ Trustee _____________ Trustee Page:7