## St Clare & St Francis Trust
_Charity registration number 1055377_
## _Report of the Trustees and_
## _Financial Statements_
_For the Year Ended 31st March 2021_
KINGCOT ACCOUNT 19 Brocken Martins He Bracknell,
TANTS
)hurst Rd
,ron
RG12 9FJ
## **Err:509**
## **Reference and administrative details of the charity,**
## **its trustees and advisors**
|**Trustees**|Dr N R Grey|
|---|---|
||Professor M C Grey|
||R Kadritzke|
||Rev J Boulton-Reynolds|
|**Charity Number**|1055377|
|**Registered address**|West Mill|
||Fullerton Road|
||Wherwell|
||Andover|
||Hants|
||SP11 7JS|
|**Independent examiner's**|Kingcott Accountants Ltd|
||19 Brockenhurst Road|
||Martins Heron|
||Bracknell|
||RG12 9FJ|
|**Bankers**|Child & Co|
||1 Fleet Street|
||London|
||EC4Y 1BD|
|**Investment Manager**|J M Finn & Co|
||Salisbury House|
||London Wall|
||London|
||EC2M 5TA|
## **St Clare & St Francis Trust**
## **TRUSTEES REPORT**
## For the Year Ended 31st March 2021
## **Statement of trustees' responsibilities**
The financial statements have been prepared in accordance with applicable accoun standards and with current charity law in the form of "Accounting and Reporting by the statement of recommended practice (SORP) in order to give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing these financial statements, the trustees should follow and:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare financial statements on the going concern basis unless it is inappropr that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose w reasonable accuracy the financial position of the charity and which enable them to the financial statements comply with the law. They are also responsible for safegua assets of the charity and hence for taking reasonable steps for prevention and dete and other irregularities.
By order of the trustees
Dr Nicholas Grey (Trustee)
Date
Page 1
## **St Clare & St Francis Trust**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## For the Year Ended 31st March 2021
## Notes
|**Incoming Resources**
Voluntary income
Investment Income
**Resources expended**
Costs of generating funds
Cost of generating voluntary income
Investment management costs
Charitable activities (grants)
Governance costs (accounts)
Other resources expended
**Net incoming/(outgoing) resources**
**Other Recognised Gains and Losses**
Unrealised gains / (losses) on investment assets
Realised gains / (losses) on investment assets
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|1
2
3|Unrestricted
Restricted
Funds
Funds
£
£
39,874 -
13,705 -|
|---|---|---|
|||53,579 -|
|||- -
2,754 -
180,573 -
1,032 -
7 -|
|||184,366 -|
||||
|||(130,787) -
143,169 -
(48)|
|||12,334 -
804,981 -|
|||817,315 -|
Page 2
The notes on pages 5 to 7 form part of the accounts
Page 3
**St Clare & St Francis Trust**
## **BALANCE SHEET**
As at 31st March 2020
|Notes
**2021**
£
£
**Fixed assets**
Tangible assets
4
19
Investments
5
725,217
725,236
**Current assets**
Debtors
6 -
Cash at bank and in hand
93,142
93,142
**Creditors:amounts falling due**
**within one year**
7 1,063
**Net Current assets**
92,079
817,315
**Represented by Funds**
Unrestricted funds
817,315
817,315
**Approved by the trustees and signed on its behalf by**
**TRUSTEE**|Notes
**2021**
£
£
**Fixed assets**
Tangible assets
4
19
Investments
5
725,217
725,236
**Current assets**
Debtors
6 -
Cash at bank and in hand
93,142
93,142
**Creditors:amounts falling due**
**within one year**
7 1,063
**Net Current assets**
92,079
817,315
**Represented by Funds**
Unrestricted funds
817,315
817,315
**Approved by the trustees and signed on its behalf by**
**TRUSTEE**|Notes
**2021**
£
£
**Fixed assets**
Tangible assets
4
19
Investments
5
725,217
725,236
**Current assets**
Debtors
6 -
Cash at bank and in hand
93,142
93,142
**Creditors:amounts falling due**
**within one year**
7 1,063
**Net Current assets**
92,079
817,315
**Represented by Funds**
Unrestricted funds
817,315
817,315
**Approved by the trustees and signed on its behalf by**
**TRUSTEE**|
|---|---|---|
|||725,236
92,079|
||**by**||
|||817,315|
|||817,315|
|||817,315|
||||
Date
Page 4
The notes on pages 5 to 7 form part of the accounts
Page 5
**St Clare & St Francis Trust**
## **NOTES TO FINANCIAL STATEMENTS**
## For the Year Ended 31st March 2021
## 1 ACCOUNTING POLICIES
The following are accounting policies considered material in relation to the cha
## **Accounting convention**
The financial statements have been prepared on the accruals basis under the cost convention and in accordance with Statement of Recommended Practice "Accounting and Reporting By Charities ( 2008)"
## **Investments**
Investments are valued at market value at the year end and all revaluations a in the Statement of Financial Activities.
## **Unrestricted funds**
All funds are unrestricted.
## **Expenditure and tangible income**
Income and expenditure is accounted for on an accruals basis with the except dividend income which is accounted for as received.
## **Intangible income**
A valuation has not been made of the benefit to the charity of voluntary servic donated by trustees.
## 2 CHARITABLE ACTIVITIES (GRANTS)
|CHARITABLE ACTIVITIES (GRANTS)||
|---|---|
||Number of|
||Grants|
|ABCD Charitable Trust|1|
|Bike project|1|
|CAFOD|1|
|Care International|3|
|Caritas Jerusalem|-|
|Church Action on Poverty|1|
|Dalit Solidarity Network|1|
|Dorcass Anderson|1|
|Embrace the Middle East|3|
|Freedom from Torture|1|
|Friends of Hope|1|
|Gaza Strip support|1|
|GRAVIS|2|
|Housing Justice|1|
|Lambeth Tigers Foundation|1|
|Medecins sans frontieres|3|
|Mount Carmel|1|
|Pratham Tyagi Memorial Trust|1|
|RBKS girls school|1|
|Saaksahar School|-|
|Santa Maria Education Fund|1|
|Survivors Fund|1|
Page 6
|Village Service Trust
Womankind Worldwide
Identify and monitor charitable work.
Charitable donations worldwide (less than £1,000 each)|1
1
-
4|
|---|---|
||33|
Page 7
**St Clare & St Francis Trust**
## **NOTES TO FINANCIAL STATEMENTS**
For the Year Ended 31st March 2021
## 3 OTHER RESOURCES EXPENDED
Depreciation Admin/Office
## 4 TANGIBLE FIXED ASSETS
|**Cost:**
As at the beginning of the year
Additions
As at the end of the year
**Depreciation:**
As at the beginning of the year
Charge for year
As at the end of the year
**Net book value:**
As at the end of the year
As at the beginning of the year|Ofce
Equipment
£
1,204
-|
|---|---|
||1,204|
||1,202
1|
||1,203|
||1|
||2|
Page 8
**St Clare & St Francis Trust**
## **NOTES TO FINANCIAL STATEMENTS**
## For the Year Ended 31st March 2021
## 5 FIXED ASSET INVESTMENTS
Quoted investments are held by J M Finn & Co who act as investment manage trustees under the powers of delegation set out in the trust deed.
## **Movement in quoted investments**
Market value at beginning of year Purchases at cost Gifted shares Disposals at market value Change in bank balance-uninvested funds Unrealised gains/(losses) Realised gains/(losses) Market value at end of year
## 6 DEBTORS
Loan to Lambeth Tigers Foundation Accrued interest Income Tax Recoverable
## 7 CREDITORS:amounts falling due within one year
Loan from trustee Accruals
## 8 TRUSTEES REMUNERATION
Trustees received no remuneration from the charity for the year (or previous y
## 9 CONTINGENCIES AND COMMITMENTS
Page 9
There were neither contingency liabilities nor financial commitments as at the Last year: none.
Page 10
nting Charities", w e best practice
iate to presume
with ensure that rding the ection of fraud
Page 11
**2021 2020** Total Total Funds Funds £ £ 39,874 42,384 13,705 16,393 53,579 58,777
- - 2,754 3,152 180,573 108,197 1,032 1,063 7 9 184,366 112,421 (130,787) (53,644) 143,169 (121,456) (48) 63,500 12,334 (111,600) 804,981 916,581 817,315 804,981
Page 12
Page 13
**2020**
£
26 694,939 694,965
- 111,079 111,079 1,063 110,016 804,981 804,981 804,981
Page 14
Page 15
arity's accounts:
historical
are reflected
tion of
## ces
|**2021**|**2020**|
|---|---|
|Total|Total|
|Funds|Funds|
|£|£|
|2,000|2,000|
|3,000|-|
|2,000|-|
|40,000|20,000|
|-|-|
|1,000|1,000|
|5,000|5,000|
|1,680|-|
|11,500|16,500|
|2,000|2,000|
|5,000|4,000|
|5,030|-|
|34,356|11,245|
|1,000|1,000|
|5,000|10,000|
|36,000|11,000|
|1,000|-|
|1,030|-|
|16,977|17,452|
|-|-|
|1,000|1,000|
|2,000|2,000|
Page 16
1,000 1,000 1,000 1,000 - - 2,000 2,000 180,573 108,197
Page 17
|**2021**|**2020**|
|---|---|
|Total|Total|
|Funds|Funds|
|£|£|
|7|9|
|-|-|
|7|9|
|Computer|Total|
|---|---|
|Equipment||
|£|£|
|2,884|4,088|
|-|-|
|2,884|4,088|
|2,860|4,062|
|6|7|
|2,866|4,069|
18 19 24 26
Page 18
## rs for the
|**2021**|**2020**|
|---|---|
|£|£|
|694,939|713,691|
|32,222|-|
|39,874|42,384|
|(6,927)|(139,247)|
|(178,012)|136,066|
|143,169|(121,455)|
|(48)|63,500|
|725,217|694,939|
- - - - - - - -
- - 1,063 1,063 1,063 1,063
year).
Page 19
end of year.
Page 20
## **St Clare & St Francis Trust**
## **Deadlines**
**Year end**
**03/31/2021**
**Due at Charities Commission**
## **Checklist**
## **Accounts**
Accounts completed by Tim and sent by email for first check
Accountants report required by Tim Kingcott
Accounts emailed to client
Tax refund calculated, signed by Tim and sent off to HMRC Charit
Signed accounts back
Annual return + serious incidents declaration sent by internet attach accounts below
**Accounts, trustee report and accountants report attached in pdf to annual return**
Bound Accounts to the client - 1 set
End of
03121
01122
ties
## St Clare & St Francis Trust
_Charity registration number 1055377_
_Report of the Trustees and_
_Financial Statements_
_For the Year Ended 31st March 2021_
KINGCOTT ACCOUNTANTS 19 Brockenhurst Rd Martins Heron Bracknell, RG12 9FJ
## **St Clare & St Francis Trust**
## **Reference and administrative details of the charity,**
## **its trustees and advisors**
## **Trustees**
Dr N R Grey Professor M C Grey R Kadritzke Rev J Boulton-Reynolds
## **Charity Number**
## **Registered address**
## **Independent examiner's**
## **Bankers**
1055377 West Mill Fullerton Road Wherwell Andover Hants SP11 7JS Kingcott Accountants Ltd 19 Brockenhurst Road Martins Heron Bracknell RG12 9FJ Child & Co 1 Fleet Street London EC4Y 1BD
## **Investment Manager**
J M Finn & Co Salisbury House London Wall London EC2M 5TA
**St Clare & St Francis Trust**
## **TRUSTEES REPORT**
For the Year Ended 31st March 2021
The trustees present their report and the financial statements for the financial year.
## **Management and Governance**
The charity was established by Trust Deed dated 11th November 1985 and is registered at the Charities Commission under number 1055377.
The trustees who served during the year were Dr N R Grey, Professor M C Grey, R Kadritzke and Rev J Boulton-Reynolds .
The charity is indebted for the continuing voluntary commitment of the trustees.
## **Objectives and Activities**
The main objects of the Trust are to support charitable work throughout the world, in particular, charities with a development and justice focus.
## **Achievements and performance**
Grants of £180,573 much higher than the £108,197 of last year which was lower than the year before (£151,029). This reflected the delayed spending in the first quarter of of 2020 whilst priorities were reassessed due to the Coronavirus pandemic. Then in the 2nd quarter of 2020, the first quarter of the financial year 2020-21, Trustees agreed to a higher than normal level of funding with a focus on supporting communities impacted by the pandemic.
Trustees maintained a focus on the Indian subcontinent and the Middle East where the trustees have first hand experiences of the problems that face these communities. In Rajasthan, India infrastructure projects were postponed or reduced in favour of emergency relief to village communities. Less support was given to girl education because of school closures.
The trustees have continued their investment policy of investing mainly in UK shares offering either good growth prospects or yielding a high income. £6,927 of shares were sold in the year with a realised loss of £48. Because of rising share prices from a low at the beginning of the financial year, only a limited number of shares were sold.
Ethical considerations have dictated that the shares of companies engaged in arms manufacture, oil and mineral extraction or tobacco are not bought.
## **Financial Review**
All funds are unrestricted and have increased by £12,334 in the year to £817,315. In addition to investment income the charity also received £39,874 in voluntary income.
Page 1
**St Clare & St Francis Trust**
## **TRUSTEES REPORT**
## For the Year Ended 31st March 2021
## **Statement of trustees' responsibilities**
The financial statements have been prepared in accordance with applicable accounting standards and with current charity law in the form of "Accounting and Reporting by Charities", the statement of recommended practice (SORP) in order to give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing these financial statements, the trustees should follow best practice and:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the financial statements comply with the law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for prevention and detection of fraud and other irregularities.
By order of the trustees
Dr Nicholas Grey (Trustee)
Date
Page 2
**St Clare & St Francis Trust**
## **STATEMENT OF FINANCIAL ACTIVITIES**
For the Year Ended 31st March 2021
|Notes
**2021**
**2020**
Unrestricted Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
**Incoming Resources**
Voluntary income
1
39,874
-
39,874
42,384
Investment Income
13,705
-
13,705
16,393
53,579
-
53,579
58,777
**Resources expended**
Costs of generating funds
Cost of generating voluntary income
-
-
-
-
Investment management costs
2,754
-
2,754
3,152
Charitable activities (grants)
2
180,573
-
180,573
108,197
Governance costs (accounts)
1,032
-
1,032
1,063
Other resources expended
3
7
-
7
9
184,366
-
184,366
112,421
**Net incoming/(outgoing) resources**
(130,787)
-
(130,787)
(53,644)
**Other Recognised Gains and Losses**
Unrealised gains / (losses) on investment assets
143,169
-
143,169
(121,456)
Realised gains / (losses) on investment assets
(48)
(48)
63,500
**Net movement in funds**
12,334
-
12,334
(111,600)
**Total funds brought forward**
804,981
-
804,981
916,581
**Total funds carried forward**
817,315
-
817,315
804,981|Notes
**2021**
**2020**
Unrestricted Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
**Incoming Resources**
Voluntary income
1
39,874
-
39,874
42,384
Investment Income
13,705
-
13,705
16,393
53,579
-
53,579
58,777
**Resources expended**
Costs of generating funds
Cost of generating voluntary income
-
-
-
-
Investment management costs
2,754
-
2,754
3,152
Charitable activities (grants)
2
180,573
-
180,573
108,197
Governance costs (accounts)
1,032
-
1,032
1,063
Other resources expended
3
7
-
7
9
184,366
-
184,366
112,421
**Net incoming/(outgoing) resources**
(130,787)
-
(130,787)
(53,644)
**Other Recognised Gains and Losses**
Unrealised gains / (losses) on investment assets
143,169
-
143,169
(121,456)
Realised gains / (losses) on investment assets
(48)
(48)
63,500
**Net movement in funds**
12,334
-
12,334
(111,600)
**Total funds brought forward**
804,981
-
804,981
916,581
**Total funds carried forward**
817,315
-
817,315
804,981|Notes
**2021**
**2020**
Unrestricted Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
**Incoming Resources**
Voluntary income
1
39,874
-
39,874
42,384
Investment Income
13,705
-
13,705
16,393
53,579
-
53,579
58,777
**Resources expended**
Costs of generating funds
Cost of generating voluntary income
-
-
-
-
Investment management costs
2,754
-
2,754
3,152
Charitable activities (grants)
2
180,573
-
180,573
108,197
Governance costs (accounts)
1,032
-
1,032
1,063
Other resources expended
3
7
-
7
9
184,366
-
184,366
112,421
**Net incoming/(outgoing) resources**
(130,787)
-
(130,787)
(53,644)
**Other Recognised Gains and Losses**
Unrealised gains / (losses) on investment assets
143,169
-
143,169
(121,456)
Realised gains / (losses) on investment assets
(48)
(48)
63,500
**Net movement in funds**
12,334
-
12,334
(111,600)
**Total funds brought forward**
804,981
-
804,981
916,581
**Total funds carried forward**
817,315
-
817,315
804,981|
|---|---|---|
|||53,579
-
53,579
58,777|
|||-
-
-
-
2,754
-
2,754
3,152
180,573
-
180,573
108,197
1,032
-
1,032
1,063
7
-
7
9|
|||184,366
-
184,366
112,421|
|||(130,787)
-
(130,787)
(53,644)|
|||143,169
-
143,169
(121,456)|
|||(48)
(48)
63,500|
|||12,334
-
12,334
(111,600)|
|||804,981
-
804,981
916,581|
||||
|||817,315
-
817,315
804,981|
The notes on pages 5 to 7 form part of the accounts
Page 3
**St Clare & St Francis Trust**
## **BALANCE SHEET**
As at 31st March 2020
|Notes
£
£
**Fixed assets**
Tangible assets
4
19
Investments
5
725,217
725,236
**Current assets**
Debtors
6
-
Cash at bank and in hand
93,142
93,142
**Creditors:amounts falling due**
**within one year**
7
1,063
**Net Current assets**
92,079
817,315
**Represented by Funds**
Unrestricted funds
817,315
817,315
**Approved by the trustees and signed on its behalf by**
**TRUSTEE**
Date
**2021**|Notes
£
£
**Fixed assets**
Tangible assets
4
19
Investments
5
725,217
725,236
**Current assets**
Debtors
6
-
Cash at bank and in hand
93,142
93,142
**Creditors:amounts falling due**
**within one year**
7
1,063
**Net Current assets**
92,079
817,315
**Represented by Funds**
Unrestricted funds
817,315
817,315
**Approved by the trustees and signed on its behalf by**
**TRUSTEE**
Date
**2021**|£
26
694,939
694,965
-
111,079
111,079
1,063
110,016
804,981
804,981
804,981
**2020**|£
26
694,939
694,965
-
111,079
111,079
1,063
110,016
804,981
804,981
804,981
**2020**|
|---|---|---|---|
||725,236
92,079||694,965
110,016|
|||111,079
1,063||
|||||
||817,315||804,981|
||817,315||804,981|
||817,315||804,981|
||Date|||
The notes on pages 5 to 7 form part of the accounts
Page 4
**St Clare & St Francis Trust**
For the Year Ended 31st March 2021
## **NOTES TO FINANCIAL STATEMENTS**
## 1 ACCOUNTING POLICIES
The following are accounting policies considered material in relation to the charity's accounts:
## **Accounting convention**
The financial statements have been prepared on the accruals basis under the historical cost convention and in accordance with Statement of Recommended Practice "Accounting and Reporting By Charities ( 2008)"
## **Investments**
Investments are valued at market value at the year end and all revaluations are reflected in the Statement of Financial Activities.
## **Unrestricted funds**
All funds are unrestricted.
## **Expenditure and tangible income**
Income and expenditure is accounted for on an accruals basis with the exception of dividend income which is accounted for as received.
## **Intangible income**
A valuation has not been made of the benefit to the charity of voluntary services donated by trustees.
## 2 CHARITABLE ACTIVITIES (GRANTS)
|CHARITABLE ACTIVITIES (GRANTS)
ABCD Charitable Trust
Bike project
CAFOD
Care International
Caritas Jerusalem
Church Action on Poverty
Dalit Solidarity Network
Dorcass Anderson
Embrace the Middle East
Freedom from Torture
Friends of Hope
Gaza Strip support
GRAVIS
Housing Justice
Lambeth Tigers Foundation
Medecins sans frontieres
Mount Carmel
Pratham Tyagi Memorial Trust
RBKS girls school
Saaksahar School
Santa Maria Education Fund
Survivors Fund
Village Service Trust
Womankind Worldwide
Identify and monitor charitable work.
Charitable donations worldwide (less than £1,000 each)|**2021**
**2020**
Number of
Total
Total
Grants
Funds
Funds
£
£
1
2,000
2,000
1
3,000
-
1
2,000
-
3
40,000
20,000
-
-
-
1
1,000
1,000
1
5,000
5,000
1
1,680
-
3
11,500
16,500
1
2,000
2,000
1
5,000
4,000
1
5,030
-
2
34,356
11,245
1
1,000
1,000
1
5,000
10,000
3
36,000
11,000
1
1,000
-
1
1,030
-
1
16,977
17,452
-
-
-
1
1,000
1,000
1
2,000
2,000
1
1,000
1,000
1
1,000
1,000
-
-
-
4
2,000
2,000|
|---|---|
||33
180,573
108,197|
Page 5
**St Clare & St Francis Trust**
## **NOTES TO FINANCIAL STATEMENTS**
## For the Year Ended 31st March 2021
## 3 OTHER RESOURCES EXPENDED
|Depreciation
Admin/Office|**2021**
**2020**
Total
Total
Funds
Funds
£
£
7
9
-
-|
|---|---|
||7
9|
## 4 TANGIBLE FIXED ASSETS
|**Cost:**
As at the beginning of the year
Additions
As at the end of the year
**Depreciation:**
As at the beginning of the year
Charge for year
As at the end of the year
**Net book value:**
As at the end of the year
As at the beginning of the year|Office
Computer
Total
Equipment
Equipment
£
£
£
1,204
2,884
4,088
-
-
-|
|---|---|
||1,204
2,884
4,088|
||1,202
2,860
4,062
1
6
7|
||1,203
2,866
4,069|
||1
18
19|
||2
24
26|
Page 6
**St Clare & St Francis Trust**
## **NOTES TO FINANCIAL STATEMENTS**
## For the Year Ended 31st March 2021
## 5 FIXED ASSET INVESTMENTS
Quoted investments are held by J M Finn & Co who act as investment managers for the trustees under the powers of delegation set out in the trust deed.
|**Movement in quoted investments**
Market value at beginning of year
Purchases at cost
Gifted shares
Disposals at market value
Change in bank balance-uninvested funds
Unrealised gains/(losses)
Realised gains/(losses)
Market value at end of year|**2021**
**2020**
£
£
694,939
713,691
32,222
-
39,874
42,384
(6,927)
(139,247)
(178,012)
136,066
143,169
(121,455)
(48)
63,500|
|---|---|
||725,217
694,939|
## 6 DEBTORS
|Loan to Lambeth Tigers Foundation
Accrued interest
Income Tax Recoverable
CREDITORS:amounts falling due within one year
Loan from trustee
Accruals|-
-
-
-
-
-|
|---|---|
||-
-|
||-
-
1,063
1,063|
||1,063
1,063|
## 7 CREDITORS:amounts falling due within one year
## 8 TRUSTEES REMUNERATION
Trustees received no remuneration from the charity for the year (or previous year).
## 9 CONTINGENCIES AND COMMITMENTS
There were neither contingency liabilities nor financial commitments as at the end of year. Last year: none.
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# **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE ST CLARE & ST FRANCIS TRUST**
## **Registered Charity number 1055377**
I report on the accounts of the Charity for the year ended 31[st] March 2021
## **Respective responsibilities of the trustees and the examiner**
The trustees of the charity are responsible for the preparation of the accounts. They consider the audit requirement of section 43(2) of the Charities Act 1993 (“the Act”) does not apply.
It is my responsibility to:
- Examine the accounts (under section 43(3)(a) of the Act;
- To follow the procedures laid down in the general directions given by the Charity Commissioners (under section 43(7)(b) of the Act; and
- To state whether particular matters have come to my attention.
## **Basis of Independent Examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 a consideration of any unusual items or disclosures in the accounts and seeking explanations concerning such matters. The procedures undertaken to not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent Examiners Statement**
In connection with my examination no matter has come to my attention
i) which gives me reasonable cause to believe that in any material respects the requirements
- To keep accounting records in accordance with section 41 of the Act and
- To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the act,
have not been met; and
ii) To which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date………………….
Timothy Kingcott ACMA ATT
Kingcott Accountants Ltd 19 Brockenhurst Road Martins Heron, Bracknell RG12 9FJ