REGISTERED CHARrrY NUMBER: 1070272 UST PORT AND FOR TklE. ROGER AND IREIYE_GRAHAM TIO Cook & Parfn¢rs Limitsd Manufa¢lory House L4ell Lane Hertford HertfordsFllre SG14 IBP
ROGER CHAR Nrs Page Thisteesl Report I to 2 JDdependcnt Esanthterfj R¢port Statement of FIDaDdAI ALithiltles Ba]ance Sheet Notei to the Flnanelal StatenKnts 6 to 10 D¢talled Slat¢nM¢ of Flnancknl Aetlvlllej
CHARITABLE FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 5TH APRIL 2024 The tnlee& pret their Wrt with the financial staternents of the charity for tbc endoj 5th Aptil 2024. The tTu¥ILfs have adopted the provIOn$ of Ac£ount]ng and Reporting by Chuniies.. StAtenMIt of Recommend Practice applicable to charities their accounts in with the Fill&Trcial Reportin8 Stsnd8Td applicable in the UK 8nd Republic of freland (FRS 102) (effective l Januw 2019). ORIEcfivES AiYD ACTIVTfiES Objecthpes and Il is intended that the In( wjll bc fijnded by private donations. 118 obj'eclives are to utilise funds wiihin thL. knst for the advancement of thalion and foT rellef of the AmFK)Éent. SAgnlfleAnt activltki tkning the year the trust made donations to NWIOUS QTganisatioDs listed in th¢ note& to the acc4)wits. The tsugtees regularly discuss arvlicatsons lo Ihc trust consider &e&8 to suEy)rt by way of allt payments. FINANCIAL REVIEW Res¢rv¢s polley The tsustees pay Ih¢' majority of in¢om¢ as donatiuny and retain rtserves of oapithl oagh. shAre8 and 8e¢urities. It 18 Lxpeoted over the next few year¥ that some payn]ents from capitsl will E¢ rnad¢. Flnan¢i•l Overvkw Cash Funds held &i the start of the year have Ix'en investcd in managed fiuKb. I'h¥ value of the investmentA held d.4¥%1 by approximatcly 220/0 during thL year to the total of £220.421 . Lknnations of £94,164 (2023: £81.615) wcre mad¢ durin8 the year, a transfer from thc pItaL fund of £48,fll I was mudc 4lon8 with a donatitsn received of £40.(KK) to ver thc8e and previo dorjations, with the balance of incomL. retained as reserves. STRucfuRE, GOVERNANCE AIW MANAGEMEI¥T Governing document The chDrithble trust'8 governin document 1$ the Trust r)eed madi. un 12th Febnjary 1998. Retrultmfflt and pppolDtment of trn$t I 'l'rust¢¢S aTe 8ivin8 ci)nqid¢rniivn ts> the rettrement of some TrustLYs ld the appointrnent of new I'rustLL's to ryla¢e thcm. A new tsustee would be provid¢d with a PA)py of the trust deLxl and have a meetin8 with the ¢xistll)g tru8tees to explain thc aims and obj'wtives of the tnjst. The tTht is mana8ed by thc Truytces at Gaston Howe, Gaston (ire4 Bishop'8 Stortfor(L Hert8. CM23 7QS. .REFERENCE AND ADMINISTRATIVE DETAILS Re¥ist¢red ChArlty number 1070272 Pthdpal add58 Uo Cook & P8rtners l.,imited Manufactory Ho Bell I.Ane Hertford Hcrttordshire SG14 IBP Trnstee8 GMKGraha G. Cook MTS l H L Graham Page I
CHARITABLE FOIJNDATION TEES, FOR THE YEAR EIYDED sfH APRIL 2024 REFERENCE AND ADMINisfRATIVE DETAILS Ind¢pendent Examiner Cook & Partners I.1m11 Manufactory Howe Bell Lane Hertford Hertfordshire S014 IBP Adv18¢Th Bankers: tnve8tment Fund Managen: I.CTT Wealth M8Mgernent l.imited Capital 8quare mol¥0n StrLCt EDINBURGH EH3 8PD Approved by order of the ard oltru5tcL¥ on 2nd SLythlxT 2024 and signLxl on its bLhalf by.. G M R Graham . TnL8tee Page 2
INDEPE ENfE RT TO THE TRU TEES O CHARITABLE FOUNDATION Independent examiner's reptsrt t() the truitees of The Roger and Irene Graham chitable Foundatio I rcwirt to the charity Intee$ Dn my eXami[tiOn of the accounts ol Tbe Roger and Jrene Grah8m CharitAble Foundation (the Tnt} for th¢ ended 5th April 2024. Rewnsibllltieg and basls of report As the clwity tru3tves of the Trust you are r¢5Fx)nsible for the prepatIon of the accounts in aocordance with ti]e requirements of the Ckwities Aot 2011 (the Avl). I report ill rnF¢Ct of my exatnination of the Trust's accounts carried out under Section l45 of the Aot ¥nd in canyin8 Out my examination I have followed all applible Direotions given by the Chty c0miSSIOn undcr Se¢tion 145(5)(b) of thL. Act. Independent examlner's st8tenwnt I have completsd my exarninalion. I confirm that no material rn8tttt8 have wme to my attention in coDncGtion with I examination giviti8 me ca8e to i*lieve that in any material rth'wt: acoounling records were nL)t kepl in reS¢t of t. Trust as requ by Section 130 of the Act. or the a¢eoun¢s do not accord with those rccoTds' or the ¢Unts do not comply with &pplic4ble requirements eonccrning the fonn and content of aL'counts set out in Charities (Accounts and Rep)rts) Re8ulations 21n8 Oth than any requirement that th¥ accounts 8ive a true and fair viLv vthich 18 not u matter ¢onsidcred &8 part of an indepgnthnt Lx&mioation. I have no concems and h&ve come 8cr05s no other mallLT8 in connection with the examItiOn to which attention thould be drawn in this report in order to enable a pro understandin8 of the arcounts be reached. Mark Jone5 Cook & PartDUS Limited Manufactory Hous. Bell Lane IIertford Hertfordshire SO14 IBP 2nd September 2024 Page 3
CIIAIUTABLE FOUNDATIOIY ¥1 YEAR END 202 2024 2023 Totsl fimds Unrestricted Note8 INCOME Al EIYDOWMENTS DROM Donations and legacies 40,000 Investment ]re (Xher income 8.817 295 10.996 Total 49.112 10.996 EXPENDTfuRE 01¥4 Raisin8 funds 2,648 3,317 Charltable acthiltt&4 Advon¢cment of eduoation and rL.lief of the iTnpotent 95.376 82,767 Total 98.024 86,084 Net gainsloosses) on investsnents (15.442) (32,045) IYET INCOMEI(EXPEIYDITURE) (64.354) (107.133) RECONCILIATION OF FUNDS I'otsl rd8 brou8ht forward 289,146 39(?,279 TOTAL FUNDS CARRIED FORWARD 224.792 289.146 The nots8 forn] part of these fmancial statements Pa8¢ 4
ROGER AND tRENE GRAHA CHARITABLE FOUNDATI 2024 Un51nd funds 2023 Total Note8 FIXED ASSETS Invesknents 220,421 283.713 CURREIYT ASSETS Cath at ballk 5,471 6.533 CREDITORS Amounts fallm8 within one year (i.ioo) (I,ioo) NET CURREIYT ASSETS 4.371 5,433 TOTAL ASSETS LESS CURRENr LIABILITIES 224.792 289.146 NET ASSETS 224,792 289.146 FUIYDS UnrL'stsiiW.d fLll]ds'. Unrestricted ioe firid Unrestricted Qapitsl fimd 2,6)(7 222,095 2,778 286,368 224,792 28().146 TOTAL FUNDS 224,71)2 289.146 fuLa1 statenmlts were Approved Ery the Board or'rrustees and authorised for issue on 2nd Septembcr 2024 and were si8ned on its ixhftlf by: G M R Graham- Trustee The notes fonnpart of thes¢ fmancial statements Page 5
THE ROGER CHARrfABLE FOUNDATION NOTES TO THE FINANCIAL ATEmE]s FOR THI YKAR ENDED sfH APRIL 2024 ACCOtJNfiNG POLICIES B8 of PTEp8rlng the l]nanclal ytatsnitnts . rllwiLial Statements of the cluwAty. whi¢h is a public benefit entity ut]der FRS 102. have preparod in ac¢othe witb the Charlties SORP (FRS 102) 'Accountsn8 and Rewting by ChaTiti¢s.' St8t¢ment of Rewmmended Practice applicable to clwities preP1n8 their accA)unts ill rdance with the Financial Reportin8 Standard applicable in the UK and Re]1¢ of Iland (FRS 102) (effective l January 2019),, Financial R¢porti-U8 Standard 102 The Financia] Rewting StandaTd applilablc in the UK Republic of IrelaThJ' and the Charities Act 2011. The fm#nciul statcments have been pr¢pared under the historical cost convention. with the exception of investmgnls whioh inuluded at market value, as rnodified by the revaluation ofcLYlain a¥sL'I¥. Income All income is recog)is¢d in th¢ Statement of Finsnciai Activitics otKe thc charity ha8 ¢ntitiement to the fun&8, it is probabl¢ that th¢ will k. Tvc¢ived and the amount can be measured reliably. Expcndllure T.iabilitie8 are 08n]Ied as expendittre as soon as thffe is a legal or constructive obligation c()mmittin8 the clrIty to that eXrndItUre. it 18 prolxble th&l & ITunsfLT of economic IKnefits will be required in settlement and thL Iimvunt of the obligation can tncasured reliably. ExtnditiJre 18 aoLxTrunted for on an u¢oruals basis ]d h&s E&'cn classified headll]g8 that a8gT¢8ate all cost related tr) the category. Wkn wsts Can)t be directly attiibuted to particsT headin8s they have been allocated iv aotivilies on a basis consistent with the of Tegources. Ct% offered subject to conditions whioh have not nt at the YCQT end dats are noted as a commitment but not a¢Grued as eXnditUre. Governmnce coJl¥ Th¢8e wmpri8e the Costs of rum)in8 the Charity. TaxAtIDn The ¢klty 18 excmpt from lux on il¥ ohan'labl¢ a¢tiviti¢g. Fund accountln% 'Ih¢'l'w¥L bund is wholly unrestrioted. ror Mana8cnnt pwwses, the trust¢ have des1)ated that the Trust'8 Laptsl capitsl profits will be rethined and carried forward in a Capital cxccpl lur ¥pLYific OLxusions when A transfer from the capital fund will L rnade to utilise gome of the investmLml portfoliu's capitsl gains for makin8. The Ineome Fund and income proftts utilised for awarding annual grants. Llsted knve8tmentJ Listed Investments are 8lat8A at closing mid-market value at the FAIAnce SI1 date. ISnreali8ed gain$ and l(>%£8 &Ti8in8 during th¢ year ar¢ r¢wgrri%d within the statement of fllwn¢ a¢tivitie& Reali8L.d gains on thL disEK)sal of investments are ¢al¢u]ated as the SUTplvs of the sale proceeds over the canying valu¢ of those investrnts at the ginnIng of the year. Pa8e 6
CHARABLE FOUM)ATION FOR THE Y 5TH tNVESTMENT INCOME 2024 2023 Listsd TnvesiTnwts DeEx)51t accouot inteT&8t 8.817 10,992 8.817 10.996 RAISllYG FUNDS VlInent managemfflt cojts 2024 2023 Portfolio management 2.648 3.317 TRUSTEESI REMUNERATION AND BENEFITS There were no tru¥W¢¥' remuneration or other bu¢fits for the year end 5th Awil 2024 nor for the ye4r endcd 5th AprAI 2023. Trn&tees' eXpeng Thore were no trusL'Ls' ¢xt*nses pmid for the year tyded 5th April 2024 nor r()r lh¢ year etyjed 5th April 2023. COMPARATIVES FOR THE STATEMENf OF FANCIAL ACTIvirIEs Unrestrictsd INCOME AIYD ENDOWMEIYTS FROM Investment inoomL IU.l)96 Raisin8 funiL8 3,317 th¥4rl¢#bk aethTitl¢$ Advancement of edwalion and reli¢f of the imp)tent 82.767 Total 86,084 Net gaiJLg1(10&8es) on investments (32,045) NET llYCOMEI(EXPEiYDiTURE) (107.133) RECONCILTATION OF FUIYDS Total fillS brought forward 396.279 TOTAL FUM)S CARRIED FORWARD 289.146 Page 7 continued...
THE ROGER AND IRENE GRA CHARIT 5TH APRtL 202 FIXEDASSET IThVESTMENfS IIK porfolio consists of inv¢sfm¢nts mad¢ up as follows: 2024 2023 UK Unit Tn]sts £220.421 Invcsitnents indivtdually ¢ot)stituting more thon 5Vo of the total are as follows: £283.713 ASC(Offshore) Ion]e Fund Z Inc £220,421 (2023: £283,713) CREDITORS: AMOUNTS FALLING DUE WITHIN OLYE YEAR 2024 2Q23 Trade ¢dI)[s I,ioo 1,100 MOVEMENf IN Net movement TrY4ll5fcrs between At 5.4.24 At6.4.23 unStrICted fundj Unrestricted inoome fa Urrestri¢ted capital fund 2,778 286,368 (48.912) (15.442) 48.831 (48.831) 2,697 222.095 289,146 (64,354) 224.792 TOTAL FUIYDS 289.146 (64.354) 224,792 Net mnvement in fundg, included in the aly)ve are as follow8.. Re80ur¢es expended Gains and Movement in fun(is resources Unrestrfeted thnds Unrestricted income fund Ilnrestrlcted ¢apitsl fimd 49.112 (98.024) (48,912) (15.442) (15.442) 49.112 (98.024) (15,442) (64,354) AL FuLs 49.112 (98.024) (15.442) (64.354) Pa8e 8
ABLE FO TO THE FIN FOR THE ATE ED sfH APR tmued MOVEMENf IN FUNDS. LYtynthiu¢d Comp8r&tive8 formovement ill fid Net TroDsfers At 5.4.23 At 6.4.22 Unrextrfcted funds UnrLSlJiLled inGome fid UestrICted capitsl fund (63.444) 459.723 (15.0147) (32.046) 141.309 (14I.309) 2,778 286.368 3%.279 (107,133) 289.146 TOTAL FUNDS 396,279 (107,133) 289,146 Lompllrative net movement in funds. included in the are as follows.. Inci)n)ing resources Resource$ eX[ded Gains and losses Movement in fund Unrntrl¢ted fundj Unrestricted iOm. [d Unre8tricted capitsl fund 10.()97 (i) (86,084) 175,087) (32,046) (32,045) 10,996 (86.084) (32.045) (107,133) TOTAL Fi]IYDS 10.996 (8().084) (32,045) (107.133) A cumt year 12 months and prioryear 12 month8 wmbin¥J position 18 as follows.. Net rnovement TrnTh8fers between At 5.4.24 Al 6.4.22 Unr¢Jtrlcted funds Unrestricted income fd Unrestricted capital fund (63,444) 459,723 (123.999) (47,488) I),140 (190.140) 2.697 222.095 396,279 (171.487) 224,792 396.279 (171.487) 224.792 Page 9 ntinued...
ROGER Al IREIYE CHARrrABLE FOUNDATto MOVEMENf IN FUNDS. eontlnued A CUTreut year 12 months and ElliOT 12 uAonth8 QOAubined net movement in funds, incluthd in the above are follows- Gains and losses m0vennt in fjjnds re50UTce8 expend&l UntAL*ed fund Unr¢stri¢ted Iorne fund Unrestricted capital fijnd 60,109 (i) (184.108) (123.999) (47,488) (47,487) 6U.108 (184.108) (47,487) (171,487) TOTAL FUNDS 60.108 (184.108) (47.487) (171.487) RELATEDPARTY DISCLOSURFS There were no related paty transactions for the yeAr ended 5th April 2024. Page 10
OGER AND IREIYE GRA FOUNDATION ST OR THE OF 2024 2023 INCOME AND ENDOWMENTS Don4tlons and kgac DoDations 40,000 Investment ineon Listed InvL'giments ]kwglt account interest 8,817 10.992 8.817 10.996 Othcr income No de8cripiion 295 To¢1 Ineomlng reiouree 49.112 10,996 EXPENDITURE vestment mn4enwil w$ts Portfolio mana8ement 2,648 3J17 CharltAble aetfvitiej Cyrants iL) institutions 94,164 81.615 Support eoitj CovernanL¢ Lx)sts Aooountancy and le8al fces 1.212 1,152 Total sourceS pended 98.024 86.084 Net penditure before gAlny and loi*i (411,912) 5,088) Rl[led rts8Thed galns llnd 108seJ Realised 8aitislOoss¥'s) on fixed assel investments 6.953 (6.485) ¢xpendilur¢ (41,959) (81,573) This pge (bes >t fonn wt of the statutory financial statements Pagell