FINANCIAL.STA EAR F.ND
THE APELT AND LAZARLJS CHARIT E TRUS Cha nurnber 1036728 SEThLOR l£on Gerdld IA7An]s TRUSTEES Leon Gerald ta70rus- Chair Berta tAzarus Andrew Trevor Lazarus John Stephen Lazarus David George Kleeman Daniel Isaac Dover BANKERS Barclays Bank PIC 155 Brompton Road l.ondon SW3 IXD INDEPENDENT EXAMINER D. Wolf50n F.C.A. 34a Wailing Street Radlett Herts WD7 7NN
THE APELT AND LAL4RUS CHA ABLE TRU REPORT OF THE TRU TEES FOR THE YEAR E ED APIUL 2022 The Trustees presenl their report along wilh the financial slatements for the charity for the year ended 51h April ?02? The financial statements have been prepared in accordance wilh th¢ accounling Ex)licies set out on page 7 and comply with the charity s trusi deed and applicable law. Constltutlon and objedg The Apelt and lAzAn Cl)aritable Trust is constituted under a tnt deed dated 28 March 1994 and is a registered charity no 1036728. The Trust F und is held uwn t to pay. apply or allocate the capital and income of the Charity for the benefit of such charity or charities as th¢ I'ru5t¢es may from lime to time in their absolute discretion selecl. Orlanlsatlon 'rhe trusiees who have served during the year and since the year end are set oul on page l. Grant m*kin2 policy All applications received are considered by trustees on their own merit for suitability ot funding. Flnantial revlew And investment policy During the year. the Trustees made donations of £33.500 {2021- £34.096). Risk management The trustees have nol identified any risks that attach to th¢ continued administration of the Trusl. Reserves pollcy As the policy of the trustees is to distribute the annual income. the remaining free Teserves are treated as capital on which futur¢ income will be earned for distribulion.
THE APELT AIYD HARITAB EPORT OF THE TRUSTEES FOR THF. YEAR EN ED STH APRIL 2022 Trusteeg, respoAsibili¢ies in relation to the finaD¢ial statements IAW applicable to the charities in Erkgland and Ivales requires the Irustees to prepare financial statements tor each financial )'ear which give a true and fair view of ihe charit) s financial activities during the )'ear and of its financial position at the end of the year. In preparing those financial statements. the tTUSt¢¢s aff required to: Select suitable accounting licieS and then apply them consistently: Make judgements and estimates thal are reasonable and prudent: stste whether applicable accounting stsndards and ststements of recommended practice have been followed subject to an). d¢partures disclosed and cxplained in thc finan¢i81 5t8temenis: and Preparc the financial statement% on the golng Concern basis unless it is inappropriate to presume that the charily will Loniinue in busin¢ss. The iru*ees are resFK)nsible for k¢¢pin8 accounting rOrdS which disclosed with reasonable accuracy al any time the financial position of the charity and enable them to ensure ihal the rinancial slalemcnts compl). with the Charities Act 2011. Thcy are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for lh¢ prevention and detection of fraud and other irr¢8ularities. The trustees have adopted the provtsions of the Staiement of Recommended Practice (SORP) "Accounting ond Reporting b), Charities" issued in June 2015. The trustees hav¢ adopted the provisions of Accounting and Reporting by Charities: Stalement of Recommended Practice applicable to chartties preparing their accounls in accordance with thc Financial Reporting Standard applicable in the UK and Republic of ITeland (FRS 102) (effective l January 2015). Approved by order of the board of trustees on . and signed on its behalf by: n Gernld IAzarus - Trustee (Chair)
YER'S REPO TTOTHET APELT AYD RUSC I report on th¢ acciKmts for the }Mcnded 5th Awil 2022 SLX L1 on pages five to ten. Respective rebpoMlblli¢i¢s of trtett ••d exi•er ¢hl1> s trurt¢¢s ue respoDsibl. for pro210 of Ihe w)unt%. The charill. % InJsieLs corK%idcr that an audit is TLyuir¢d for this lear lund¢T s¢dion 144 of the C'haritie5 A¢1 ?01 I IlhL ?01 l A¥lll an 1ndqMl lmiltiOn is nLxukd. lTh¢ Charit)'5 gross incL)fft¢ not cNc¢¥ukd £?50.¢MM) l ¥m 1r1ed to un4knakt the exami11 b) IK'in8 8 4ualifiLMI ftKmkr of ILAL.W. It Is m. nsw)Th5ibilits' to: L*aminc th¢ ounts un(kr knio¢1 145 of th¢ Chwiiic5 Aci 2011. io follow thL idUTty laid in thi B¢n¢rai Dirrytiotls 8il'¢D b), the Charit). Commi&4ion lund¢r 14515Mb) o:'the ?01 I AL1. and 10 sts1¢ V4'hdh¢r rArticulw haie cnme m) at¢¢niiot). B•iii of th¢ Indeptndetyl ¢x•mlNff's report M) L¥uminpliort carri4 oui in onI1ce M'ith Cien¢ral Direc¢ion$ 8iien b). th¢ Charil)" c'ommi]. An Lwninjtion includ¥¥ orth¢ nIing TO¥d8 kepl b)" th¢ charii). and 8 ¢ompariwTh of th¢ atiovnL$ pr¢wnikxI with iho MM)Td5. It irKludts ¢oThsidiraliort of 8n)' unusual il¢nLS or diselowr¢8 in th¢ coUnt% and 5¢Lit)8 oplanations from thc ffiLStccs conL¥rnin8 an) such matt¢rn The p¢¢dr¢S un&YthkeTh do proi'idc th¢ ¢viduKe that OuLd be T¢quired in an audii. ond no opinion is gii'¢n wlthr untI pr( a 'tN¢ and fair. vi¢% and th¢ r¢t•rt is1Smited thox mouffs set in th¢ Aai¢m¢Tht below.. Ih eonnefflion v4.ith m> emminatiohl. Tr1¢ coffle to my #lentlon:. hich 8ives me rewnwble $¢ to 11¢ th& in w. Materi r¢4K%L the rcquir¢nKn¢s:. to keep %¢ountin8 rt¢ords in I<01dnr ith 10 130 of the OI I ACL and io prepare &xy)unts Mhi¢h 1COrd "sib thc &couniin8 records 4TrJ ¢ompl% w'ith the accoui)¢iil8 Tequir¢m¢DLS of lh¢ ?Ql l h&%¢ nol or ofstalLnenl of PrtI¢C tspplithk ¢haritics prqwin8 their in tfftlJnce wilh ik. 1.irn(1I Re)rtIng applicabl¢ in the Ilk And Republi¢ of IT¢lw)d IFRS 1021 lelTerti%¢ l JanuaTh. ?0151 habr bwi n*L' or to wthi¢h. in m) l1¢mI. litenti should k dTaMTL in (Kder enable a pruw und¢rsthnding ofthe to b¢ T¢h. D. M'olfson l.-.I'.A 34a M'atling Sir< Rwjldl IIL4rtfoTdthi II'D7 7N D¢. 19th August 2022
THE APELT AND LAZAR "S CHARITAB TRUST STATEMENT OF FIN IAL A1VITIEs FOR THE YEAR ENDED APIUL 2022 2022 2021 In¢omlng re80urces tnatIonS and gift5 38J62 A¢iivtties for generating funds: Investmenl income Totsl income rejourees 3&362 Rejourcej eApe•ded Charitsble elndItre. Doftations payable 33.gNI Management adminiStlon 120 120 Totsl rejourees expended 33,620 34,216 N¢t resources eipended 93,913 39J41 Balance at 6th April ?0? I 16238 BAIAnee 41 4th April 2022 77,665 I238 All funds are unrestrici¢d The not¢5 on pages 7 to 9 fomi part of these financi81 ststernents.
LAZAR HA ABLE TRU AN E SHEET AS AT ffH NeS 2022 2021 CurrnDt Cash at bank aThl in hand 83002 27,482 Debtors Investh)ents 3&996 33.093 Current 118blllty A¢¢nlS (120) (120) Total net Assets 120,738 60.455 Unrestrlc¢ed fyndj 120.738 The financial s¢alem¢nts were approveed by the BoAYd of Tnlee$ on ... and were signed on its behalf by: ¢rald Lazaft- Tn1¢¢ (Chair) The notes on pages 7 to 9 forni pmrt of these financial statevn¢nL*
THE APELT AND LAZARII AIUTABLE TRL'ST E FINANCIAL STATEMEYTS FOR THE I'EAR ENDED rfH APRIL 2022 Prim¢ipal •¢cwnting poli¢ ia) AcrouTrtin% conwelltio The finatkcial statemetts of the chuitablc misL which is a public benefrt entity under FRS 102. have been prep•red in accordance with the Charities SORP IFRS 10?) 'Aecountiri8 &nd Rewrting by Chl(l¢s.. Statemertt of Recommended Prnctice appli1¢ io charities prHMTing their xwjnts in *rdInG¢ with the Finan¢i41 R¢rrt)rtitl8 Stwdard appli¢able in the L'K ond Republi¢ of Ir¢land IFRS 10?) leffective l ?OISY and the FinWl81 Reporting Sthndard 10? Tre Pinancial Rew)rtin& Stsndard appllcthle In ts UK and Republlc of Ireland,. The financial sents have been prepaT¢d under th¢ histtyiul COA conveniion. Investment InMe 1$ x¢ount¢d for in the period in which the dwity 1$ •ititled to re¢¢ipt. Icl Rwi•reu tApended EXndItuTe ij In¢lUd on wuals kni$. 2•22 2021 Gift Aid t)wation - ¢oryKrf8te thTh)r 90,0 2022 2021 Ini¢rtst on depJsits- r¢ttiv¢d 8ft)SS
T.IBL TRI-ST -4RTOTr THE F ii.lp 4 DMatl• 1022 2021 C"ardiff R¢[ %)I AlB.re IILTLthn RefLTh aith in m¢rt IIL¥rtltw Proiv IlandinllthNJ I.'th#wi4 Ileld in (kn IleBrts JAMI jeh (Thibh l)ey 1144498 113S•96 11330£4 s£!4375 l(X)3345 209*66 1130719 loo 5.IKK> iO.IMM> JNF Chm't4bk TLltst KinB %¢W. Iixh I)1%. Alknn IIK Ni8hiingak 11aMrTr 111340 207316 104?495 518¢M)5 IIW_892 1119792 St Mic]S Ilwice Th. l.ib¢rai J¢wish unit J¢wvh l¥rnl AP 'i/.() I'trid Je.h R¢lier 24n67
TH PE RITABLE TRUST NOTES FORM PART O E FINAIYCI TATEMENTS YEAR EN RI 5. ManaK¢m¢nt nd dmimirfrtiD 2022 2021 Profe55ional ftcs- Intyndeni Examination 120 120 120 120 6. Cih It bank •Trd In hx*d 2022 2021 Curreni accouni 27,482 27,482 27.482 27,482 7. Deb¢0 2022 2021 Other deirtors 8. Ae¢rualJ 2022 2021 Independent &xaminds fees 120 120 120 120
EAP AI¥D RUSC ARITABLE TRUST TES FORMING PART TH FIN IAL ST TEMENTS E YEAR ENDED sfH AP 1022 9 lllves¢m¢nts 2022 2021 The Findlay P8rk American Fund 3&996 33,093 33.093 10-