THE MEDLAR TRUST
TRUSTEES’ REPORT FOR YEAR ENDED 5 APRIL 2022
Constitution, Objects and Policies
The Medlar Trust was created by Trust Deed in 1996 for general charitable purposes, but with the main objective of promoting such charitable purposes as the Trustees in their absolute discretion shall from time to time think fit, particularly the advancement of religion, the advancement of education and the relief of poverty.
The Trustees continue to seek to make appropriate donations, while minimising costs. Neither of the Trustees receive any remuneration from the Trust, and expenses are not normally reimbursed.
Review of the Year
A total of 35 donations were given during the year to 24 different beneficiaries.
BY ORDER OF THE TRUSTEES
D W JENKINS – Trustee
Dated:
THE MEDLAR TRUST
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2022
| Net donations received Donations made Tax recoverable Professional fees Net surplus for the year |
2022 £ 27,400 25,663 1,737 3,350 5,087 250 4,837 |
2021 £ 10,940 12,861 ( 1,921) 2,694 773 207 566 |
|---|---|---|
THE MEDLAR TRUST
BALANCE SHEET
5 APRIL 2022
| Current assets Debtors Cash at bank Creditors and accruals Total assets Unrestricted Funds Balance brought forward Surplus for the year Balance carried forward |
2022 £ 3,350 6,044 9,394 250 9,144 4,307 4,837 9,144 |
2021 £ 2,725 1,782 |
|---|---|---|
| 4,507 200 4,307 |
||
3,741 566 4,307 |
Approved on behalf of the Trustees
D W JENKINS
Dated: 30 January 2023
Independent Examiner's Report to the Trustees of Medlar Trust
I report on the accounts of the Trust for the year ended 5 April 2022.
Respective responsibilities of Trustees and examiner
The Charity’s Trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
Other Matters
Your attention is drawn to the fact that the charity has prepared the accounts (financial statements) in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), second edition issued on 17 October 2019 in preference to the Accounting and Reporting Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.
We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.
Independent Examiner's Report to the Trustees of Medlar Trust
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
1 which gives me reasonable cause to believe that, in any material respect, the requirements:
-
to keep 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
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
A Kelly FCA 2 Woodberry Close Chiddingfold Godalming Surrey GU8 4SF
Date: 30 January 2023