REGISTERED CHARITY NUMBER: 1074474
Report of the Trustees and Unaudited Financial Statements for the Year ended 31 December 2023
for
CHILDREN and FAMILIES of FAR EAST PRISONERS of WAR CoFEPOW
David Procter Accountancy Services Ltd 18 Redhill Grove Chorley
CHILDREN and FAMILIES of FAR EAST PRISONERS of WAR
Report of the Trustees
for the year ended 31 December 2023
The Trustees present their report and accounts for the year ended 31 December 2023.
REFERENCE AND ADMINISTRATION DETAILS
Registered Charity number
The charity is registered in England & Wales with the Charity Commission in England & Wales with charity number 1074474.
Registered Office
The charity does not maintain an office but can be contacted at 3 Blossom Way, Little Billing, Northampton, NN3 9ET.
The charity web address is www.cofepow.org.
Trustees
David Brede Chris Wills David Brown Karen Brown Nick Bullen-Bell Silvie Bullen-Bell Guy Metcalf-Hume Alexander Metcalf Hume Sharon Morris-Mee
Any of the charity's members who are interested in helping to run the charity are eligible to become trustees.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is constituted as an unincorporated Charity, established by written constitution. The governing document of the charity is the written constitution approved by the members and endorsed by the charity commission in England & Wales.
There are no restrictions in the governing documents on the operation of the charity other than those imposed by Charity Law.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure that appropriate controls are in place to provide reasonable assurance against fraud and error.
CHILDREN and FAMILIES of FAR EAST PRISONERS of WAR
Report of the Trustees
for the year ended 31 December 2023
OBJECTIVES AND ACTIVITIES
Objectives and aims
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B1 To provide and maintain a Memorial in memory of all British Servicemen who were Prisoners of War in South East Asia under Japanese occupation during World War 2.
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B2 To advance the education of the public about prisoners of War in South East Asia under Japanese occupation during 1942 - 1945.
In 2005 the charity achieved its main object which was the building and fitting out of the Far East Prisoners of War Memorial Building at the national Memorial Arboretum in Staffordshire. Fund raising continues to enable the upper archival and research centre to be furnished. This will include the storing and cataloguing of research material.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity maintains the Far East Prisoners of War building at the National Memorial Arboretum at Alrewas in Staffordshire.
The building holds exhibitions including descriptive panels, photographs and other artefacts covering all aspects of the Far East Prisoner of War experience. There are also video screens showing news reels and interviews with FEPoWs.
The charity continues to develop its education packages showing the treatment of Prisoners of War.
The society maintains searchable records of the Prisoners of War and these are available to members of the public.
FINANCIAL REVIEW
The charity has a deficit of £13,393 for the year on unrestricted activities.
The charity has received donations of £40,347 during the year.
RESERVES
The trustees wish to maintain the general fund at a level to cover day to day running expenses. However it is difficult to obtain funds and the money available is spent on the charity's activities.
ON BEHALF OF THE BOARD :
............................................. David Brown - Trustee
Date: 18 August 2024
Independent Examiner's Report to the Trustees of CHILDREN and FAMILIES of FAR EAST PRISONERS of WAR
I report to the trustees on my examination of the accounts of Children and Families of Far East Prisoners of War in the Far East for the year ended 31 December 2023.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
Having satisfied myself that the accounts of the charity are not required to be audited and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act2011 ("the 2011 Act"). In carrying out my examination I have followed the Directions given by the Chariy Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the exanination giving me cause to believe:
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1 accounting records were not kept in respect of the Charity; or
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2 the accounts do not accord with those records; or
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3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give "a true and fair view" which is not a matter considered as part of an independent examination; or
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4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK (FRS102)]
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.
David Procter Fellow of the Association of Chartered Certified Accountants
18 Redhill Grove Chorley PR6 8TU
Date: 18 August 2024
CHILDREN and FAMILIES of FAR EAST PRISONERS of WAR
| Statement of Financial Activities Unrestricted fund £ INCOME Incoming resources from generated funds 2,232 Donations received 877 Charitable activities 11,756 Investment income - Total income 14,865 EXPENDITURE Raising Funds 374 Charitable activities 27,884 Total expenditure 28,258 NET INCOME (13,393) Revaluation of Investments (7,556) TOTAL FUNDS BROUGHT FORWARD 66,603 TOTAL FUNDS CARRIED FORWARD 45,654 Statement of Financial Activities comparative figures for the year ended 31 December 2022 |
for the year ended 31 December 2023 2023 2022 Restricted fund Total funds Total funds £ £ £ - 2,232 4,577 40,437 41,314 95,201 - 11,756 13,876 - - - 40,437 55,302 113,654 - 374 120 - 27,884 16,036 - 28,258 16,156 40,437 27,044 97,498 - (7,556) (8,229) 220,320 286,923 197,654 260,757 306,411 286,923 |
for the year ended 31 December 2023 2023 2022 Restricted fund Total funds Total funds £ £ £ - 2,232 4,577 40,437 41,314 95,201 - 11,756 13,876 - - - 40,437 55,302 113,654 - 374 120 - 27,884 16,036 - 28,258 16,156 40,437 27,044 97,498 - (7,556) (8,229) 220,320 286,923 197,654 260,757 306,411 286,923 |
for the year ended 31 December 2023 2023 2022 Restricted fund Total funds Total funds £ £ £ - 2,232 4,577 40,437 41,314 95,201 - 11,756 13,876 - - - 40,437 55,302 113,654 - 374 120 - 27,884 16,036 - 28,258 16,156 40,437 27,044 97,498 - (7,556) (8,229) 220,320 286,923 197,654 260,757 306,411 286,923 |
|---|---|---|---|
Total funds £ 2,232 41,314 11,756 - 55,302 374 27,884 28,258 27,044 (7,556) 286,923 306,411 |
|||
| 113,654 120 16,036 |
|||
| 16,156 97,498 (8,229) 197,654 |
|||
| 286,923 | |||
| INCOME Incoming resources from generated funds Donstions Received Activities for generating funds Investment income Total income EXPENDITURE Raising Funds Charitable activities Total expenditure NET INCOME Revaluation of Investments TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 4,577 1,504 13,876 - 19,957 120 12,626 12,746 7,211 (8,229) 67,621 66,603 |
2022 Restricted fund £ - 93,697 - - 93,697 - 3,410 3,410 90,287 - 130,033 220,320 |
Total funds £ 4,577 95,201 13,876 - |
|---|---|---|---|
| 113,654 120 16,036 |
|||
| 16,156 97,498 (8,229) 197,654 |
|||
| 286,923 |
CHILDREN and FAMILIES of FAR EAST PRISONERS of WAR
| Balance Sheet At 31 December 2023 FIXED ASSETS Investments CURRENT ASSETS Cash at bank NET CURRENT ASSETS NET ASSETS FUNDS Unrestricted funds Restricted funds TOTAL FUNDS |
181,109 | 2022 £ 125,302 181,109 306,411 45,654 260,757 306,411 - |
154,065 | 2022 £ 132,858 154,065 |
|---|---|---|---|---|
| 286,923 | ||||
| 66,603 220,320 |
||||
| 286,923 | ||||
The charity is entitled to exemption from audit for the year ended 31 December 2023. The members have not required the charity to obtain an audit of its financial statements for the year ended 31 December 2023.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with the Charities Acts and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of the Charities Acts
These financial statements have been prepared in accordance with Financial Reporting Standard 102 as applied to small entities by section 1A of the standard..
The financial statements were approved by the Board of Trustees on 18 August 2024.and were signed on its behalf by:
…………………………………… David Brown -Trustee
…………………………………… David Brede -Trustee
CHILDREN and FAMILIES of FAR EAST PRISONERS of WAR
Notes to the Financial Statements for the Year ended 31 December 2023
1 ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard 102 as applied to small entities by section 1A of the standard, the Charities Acts and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Public Benefit
In the opinion of the Trustees the charity is a Public Benefit Entity.
Income
All income is included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Investments held as Fixed Assets
Fixed asset investments in quoted shares, traded bonds, investment properties and similar investments are shown initially at cost upon acquisition and at their market value at the balance sheet date at the end of the financial period.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2 ACTIVITIES FOR GENERATING FUNDS
| ACTIVITIES FOR GENERATING FUNDS | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Sales of Merchandise | 2,232 | 4,577 |
| Purchases of merchandise | 374 | 120 |
CHILDREN and FAMILIES of FAR EAST PRISONERS of WAR
Notes to the Financial Statements
for the Year ended 31 December 2023
3 TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 or for the year ended 31 December 2022.
There were no trustees' expenses for the year ended 31 December 2023 or for the year ended 31 December 2022.
4 INVESTMENTS
| INVESTMENTS | |
|---|---|
| Listed investments Valuation At start of the year 132,858 Revaluation in the year (7,556) At end of the year 125,302 |
Total 132,858 (7,556) |
| 125,302 |
The portfolio of investments is managed by Aviva on behalf of the charity
CHILDREN and FAMILIES of FAR EAST PRISONERS of WAR
| Statement of Financial Activities Income Donations Membership Subscriptions Sale of goods Memorial Weekends Bank Interest Total Income Expenditure Charitable Expenditure Costs of Raising Funds Merchandise for sale Direct Charitable Expenditure Printing newsletters Memorial events and Weekend Wreaths and Poppies Sundry expenses Burma railway Liverpool Memorial Support for Charitable expenditure Premises Room Hire National Memorial Arboretum Memorial Building Maintenance Administrative overheads Postage Stationery and printing Equipment Software licences and website Bank charges Travel Governance Costs Committee meetings Independent Examiner AGM Total expenses Net Income for the Year Revaluation of Investments |
Unrestricted fund £ 877 11,176 2,232 580 - 14,865 374 5,044 750 398 759 1,450 1,000 270 - - 2,271 - 2,100 10,265 129 1,161 - 2,287 28,258 (13,393) (7,556) |
2023 Restricted fund £ 40,437 - - - - 40,437 - - - - - - - - - - - - - - - - - - - - 40,437 - |
for the year ended 31 December 2023 2022 Total funds Unrestricted fund Restricted fund £ £ £ 41,314 1,504 93,697 11,176 12,932 - 2,232 4,577 - 580 944 - - - - 55,302 19,957 93,697 374 120 5,044 1,735 750 2,325 398 205 759 - - 1,450 - - 1,000 - - 270 3,410 - - - - - - 2,271 3,277 - - - - 2,100 - - 10,265 5,027 129 - - - - - 1,161 57 - - - - 2,287 - - 28,258 12,746 3,410 27,044 7,211 90,287 (7,556) (8,229) - |
Total funds £ 95,201 12,932 4,577 944 - |
|---|---|---|---|---|
| 113,654 | ||||
| - 120 1,735 2,325 205 - - - 3,410 - - 3,277 - - 5,027 - - 57 - - |
||||
| 16,156 | ||||
| 97,498 | ||||
| (8,229) |