Docusign En¥ÈlopÈ ID". F24EE957-D5A5-4D2F-9407-7BDE2BA1C537 FORSTERS, CHARITABLE FUND TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 28 FEBRUARY 2023 Forsters, Charitable Trust was e5tabli5hed by a declaration of trust I'the trust deed") dated 17th November 1998. The charity is registered with the Charity Commission under No. 1072844 under the name"For5ters' Charitable Fund". The trustees of the charity during l March 2022 to 28 February 2023 were David James Roper Robinson, Smits Edward5. Glenn Stuart Dunn, Natasha Rachel Ree5 and Victoria Mary Edwards. On 28 February 2023 the trustees were all partners and consultants of Forsters LLP. They have the power to appoint further trustees, a power which they exercise in consultation with the other partners in Forsters LLP. On 2Wh February 2023, David Jame5 Roper Robinson and Victoria Mary Edwards were dischar8ed from their duties as a Trustee. Fiona Ann Smith and Rosemary Natalya Schumm, both of whom are partners of Forsters LLP, were appolnted as trustees with effect from l March 2023. The charivs reEiStered and only addre55 15 31 Hill Street. London WIJ 5LS. The charity's bankers are Messrs C Hoare & Co, 37 Fleet Street, London EC4P 4t)0. The trustees, powers of investment are the wide powers given by the Trustee Act 2000, but the charity's funds have not been invested, as the trustees. intention is to spend most of their income each year and make no commitment for the future. The trustees have and need no policy on investment or reserves. With the assistance of their clerk Mlchael Armstron& an employee of Forsters LLP, the trustees meet as need arises and respond to requests for 8rants. Decisions are, however, generally made by exchange of email. The charitvs objects as stated in the trust deed are wide. The trustees. policy is to support other registered charities and charitable causes which have some connection with the partners, staff or clients of Forsters LLP. Durlng the year. the trustees made grants to 86 charities12021122: 861. These charities were either clients of the firm or charities which client5. member5 of staff or the firm as a whole were supporting. The trustees intend to continue this policy. The trustees are aware of the Charity Commission'5 guidance on public benefit. They believe that like other Erant-making charities, the charity provides benefit to the public by its support of a wide range and large number of different charities, all of which provide service5 or tangible benefit to the public in their respective charitable activitie5. More indirectly, by encouraglng Its staff, clients and business partners to fundraise for charities, the trustees believe they make 0 5rnall beneficial impact on the charitable sector as a whole. The trustees do not consider that they are subject to any particular risk: all cheques are signed by two trustees and Mr Armstron¢s use of the charity's Visa card is subject to a strlct monthly Ilmlt and the trustees, approval of all payments. For the trustees DATE 2023
Docusign En¥ÈlopÈ ID". F24EE957-D5A5-4D2F-9407-7BDE2BA1C537 Forsters, Charitable Fund Receipts and Payment Account for year erKllng 28th February 2023 2023 2022 Ufirestrlcted Funds Receipts: Unrestrirted Funds Partners, contributions So.(. 48.500.00 Gfft Aid repayment 12,5CK).CM) 12,125.00 Interest earned Ibankl 24.64 Total receipts for year 62,524.64 60.625.00 Payments: Charitable donatlons 87,170.38 76,074.66 Professlonal fees 1,080.CQ 1,080.00 Bank charges 33.10 Total payments for year 88,283.48 77,161.66 Net of recelpts: (25,758.841 (16,536.66) Cash funds at l March 39,927.47 56,464.13 Cash funds at 28 February
Docusign En¥ÈlopÈ ID". F24EE957-D5A5-4D2F-9407-7BDE2BA1C537 Forsters, Charitable Fund Statement of Assets and Uabllltles as at 28, February 2023 2023 Unrestrirted Funds 2022 Unre$trirted Funds Cash funds Liabllitles Trustee ATE 2023
DocuSign Envelope ID: F24EE957-D5A5-4D2F-9407-7BDE2BA1C537
Independent examiner’s report to the Trustees of the Forsters’ Charitable Fund
I report to the trustees on my examination of the accounts of the Forsters’ Charitable Fund for the year ended 28 February 2023, which are attached.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011(‘the Act’).
I report in respect of my examination of the Trustee’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 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 giving me cause to believe that in any material respect:
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(1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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(2) the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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Robert Wood, ACA Shipleys LLP Chartered Accountants 10 Orange Street Haymarket London, WC2H 7DQ
12 December 2023