ELI RT AN AL STA CHA YNU ER:1 81074
PAG Tnle89 Annual Report Ind¢pendent Examiner's Report to The Trustees Receipts and Payments Account Financial Po8ltlon as at 5th April 2024
CA AT 0 5TH APIIJL 2024 LEGAL & ADM]NISTRATIVE INFORMATION ChY4rity Name Tlie Camelia TrusL Charity Number 1081074 Rogl4tei'ed Addrthi Foss¢ View House, Wptst Lhne, KeTrble, Cir¢ncester, Olou¢est¢i' Govetnlng Document Deolaration of Trust dated 22 February 2000 ChRrlty Truslaeg, Jennifcy A Sykes, Dr PrudeD¢e J Glllett, Mioho¢l Tfixman, Cathorlne Sykes, Thomas Sykcs and Sai'ali Eden-Fleyes. Tnv¢stment Manage17 And StoLkbrokers: Blunk8tonè Sington Llmited Walkei. Hous¢, Exohunga Flags, Llveipool L2 3YL Accountants and Tax Advisers: Alexander Myertson & Co Llmlted 61 Rodney Str¢et, Liverpool Ll 9ER Independent Bxaminer: Paul Burns, Dlft¢ior at Al6xandor Myerson & Co Limitsd The Trustees powers are set out in Clftllse C of the gOv117g docuinent. They ompDwered to raise funds. but may not underlako any subgtantlal trading aclivity. Tliey may perfflit ttny invoslments ¢omprlsed in Ihe Trust Fund to be held In tlie namo of a stook biDki118 Company, which is a member of tlie Stock Exchang4 fjs nomineo for tljo tru3t¢es and to p&y proper remuneration. AdvlJ¢ra Re8trlcted A¢tlvllles NAItRATIVL, INFORMATION Alm8 As Clause B oftho gOv.ning docuinent indi¢ate& the objeot of tho is to maké ¢1)aritable donations to deRervlng QAuses. There are iio employees ai)d there Is no formal ¢onntIOn with any ot11, charity, DurEI)g tho yeat the Ynve8lMent Managers maliitalned tl)e portfolio. Tli¢ Trust¢B¥, agaln after ¢onsidering many applioatloD8 for assisiattce. made fuith¢r cliqrltable di8tribulion8 to(allin8 £30,630. R¢vltw of Fillanelal A6 pait of a g¢nerol irview £97,812.3Q of investshents were ftallsed. Aetlvlllcs & Alyalra 'nie proceed8 w¢re reinvested, thrthllr dlversifylng tl)e portfollo. Cgsh rese4yes liave Inor¢ased fmm £3.404 to £24.745. During tho yeor. die Tnisteos, polioy eontinued to iDgard all income &6 available for dlstribution to cl)aritAes and trethl Capit lls lieserves vailable for investmenL Investmonts are managed at the di8¢rofioii of Blankstoiio Sington Llmlted, subjeLt to appvopriale supervision by truste¢g, seokiJ)g to balan¢e copital rowth wlih eRrnlng incoin4 nll involving only inoderato i'isk. The TIust¢¢s considei. charitsble requests as und wh8n biDuglit to Llieiy attention. Bxistlng Tru8t¢es will 4)P03nt new Trustee8 as And when itquired. It would bo important to cn8uro that famlly and oi, deÈ¢endants tsko a role 4$ 'ustees. The Trustees policy is to regard all Income a8 avaljable for dl8tribuLion to harlties and in order to genernte thi$ Iiicome M¥orves of £781055 woro Yetained. The Trnstee8 confirni that they Iwy¢ referred to Charity Commlssion guidan on Public Benefit whan ftyiewing plon8 for Ihc fiitULYI. The tru8teBs have and will conlinue to ensure Ilwt charitable Qxpondituro will be made to filrther a oharllable purpose to tlie publio ben¢fit. ¢vlew of Pvogml TYiist¢¢41 Pollcl Reserves Poliey Publjc Ileii¢nl Page I
IATR 1081074 -YEAR TO5- Trusteey, re8pon8lbillties sthtement The trustee8 responsiblts for praring the Trusteos, Annual Report llnd tlie financial 8tatwnents In a¢Lordance with opplicoble law And United Kingdom Accounting Standards (United Kingdojn Generolly Accepted Accounting Practice). The law appllcable to charilie5 in England & Waloy rquir65 Ilio trusteeg to prepr4re fin8nGial statements for ¢&ch financial y¢ar which giv¢ a Irue and fair view ofthe state of affairs of the ¢harity aiid of tlie incomiiig resources and application of Msourceg of the charity for that pcriod. In pr¢p&ring these financial statements, the trustees aro required . 8gle¢t suitable aocounting polioia8 and then apply them con8i8tently; observe th¢ methods and prinoiples in the Charities SORP; mAke judgements and cstimales that are rcasonable and prudcnl. statc whetli¢r appliG8ble accounting standards have becn followed, subject to any rnP4tcrial departtlres disclosed and explaincd in thc finanGi&l 51At¢ments; pr¢pAre the financial statcmonts on tlie golng conceni basis unless it is li)oppropriato io pr¢sume that the cliftrily will continue In operation. The tivstees responslble for keeping propar accounting records th*t disclo30 wilh reasonable o¢¢uracy at any time the financlal position of the chority and en&bl¢ them to en4uro tl)at tli¢ fin&ncial 8tutgmcnts comply with tlie Charlti¢s Acl 2011, th¢ Cliarity (Ac¢ounts and Reports) Re8ulations 2008 and tlie provision of the triist deed. They aTe also responsible for 8afc8uirdin8 the assets of tlie cliarity and henc¢ for lakiii8 rcasunablc steps for thc prevention and dolection of fraud and oth¢r iTTegul&rities. This report WL8 approved by Ihe Trustees: Trustee: i))IdL Date; Page 2
THE LIA TrIJ INDEPIIryDENT EI MER's PORT T THfi TRUST YE NDED STh APRIL 2 report on tlie ae¢ounts of th0.chAty fr)rthe yearto 5 April 2024. whioh are set out on 4 to 6. Rojpctllvo resp¢)m¥lblllti¢8 of Trllsteu Aiid Ex#thlMer Tl)6 Qliaiity s INtstse3 aro 8p81ble for tlie prepafation of tho accounts. The cliai'lty's trnstcos oon8ider that an audit is not requlred for this YMI. liter Sectlon 144(2) of t1 Cliarlde8 Aot 201 I (the 2011 A¢t) and that independ¢nt eXaMin10n is needed. It18 my Y¢sponslbility to: oxomlne tha accounts under Section 145 of the 2011 Ac( follow the procedure5 laid dovm in Ihe General Direotlons given by the Charity Commissioner8 (undor Seotion 145 (5) (b> of the 20] l Act). and stst¢ wliether wrlq¢ular matters h&ve come to my attention, B881& of Indep¢nd¢Dt Exftmluprgs Ropfrrt My examinution was coryied out in awoixlance with tho Qenernl Dir¢otions glven by tlio Cliarlty Commisslon. An examination I¢]ude3 a review of the aOunting rordS kopt by tlie ¢liarity and mparison of the accounts presentsd wlth thoso records. It a180 in¢ludes ¢L)1)5id¢ration of any iinusu41 items oi dlsclosures in th¢ accounts and seek5ng explan&tions from you a8 trust¢¢s oncerniiig aiiy Such matters. The promlures undeilokon do not provido all the eviden¢e tliat would bo requir¢d in an aiidit and consequtlY no Opinion 18 given as to wholher tlie accounts pr03eiit a "true and fair vlow" and the report 18 Jimited to those mitter8 80t out In th¢ statement below. Ind¢pelldent Ex4mlnerJ8 Stotement lrt connertion wlth my emmination, no matter Ilas corn8 io my attention: whicth gives me r¢asonabl¢ oaus¢ to believe tha( Ali any matwial respo¢( the wuiwrnertts: to ke¢p a¢¢ounting recoi'ds iii accordanc¢ wtth Se4tion 130 of tlie 20I l Ac¢ and to prepare accounts which accord wlth tho accountln8 itcord8 and comply with tho accountiiig rOquIrnenlS of the 201 l Act have not b¢pn met. or 2. to whioh, li) my opinioN altention shou]d be drnwft in order to enablo a proper underslandlng of tli¢ ll¢counts to bo rChed. lrtdependent Ci xami1r Paul Burns- Dir¢ctor of Alexander Myerson & Co Limited Cllorfcred Ac¢oMtants Addre8& 61 Rodney Street, Liveypool Ll 9ER Date e3
CA PA Nrs AC FO KND 24 2023 liicome from Dividends Inuoin¢ fiDm Interest Net Gain on Sal# of lftvesttnents 30.120 6.682 41,570 ).807 AY A¢countanay Management fe¢$ Cliaritablo Distributions out of Incthne Nct Loss on Sale of Invostments 1,272 4251 30,630 984 (1) 6,019 (i) 30.230 (2) Movefftent in market valu¢ of investments JL18 GY4ff led to Ilesu'ves Page 4
NOTES (l) All proksslonal fees are VAT inclusive. (2) Charitable dists'ibutions Irpr6s¢n¢ payments mad¢ in th¢ y¢ar lo the following- 'Gulde Dog$ for the Bllnd As8oclatlon- Seml AnNal Payment 'Royal Natlonal Llloboats Instltute (RNLI)- Seml Amual Paymeni .4SalYation Amy - Annual Payment kn September, but added on hpA¢ es il was mlssed off the September 2022 donatlons Britlsh Wlrelees for Iho Bllnd . H8roe$ Prl8on Me No Way Skockca18& Hearing dogs for Deaf Pecyle Tommy Walking wllh the woundod Chlldrens Anlmal Farm Tru8t W8llor Lea P8rtner8hlp Thè Sequal TruBt ' Klds Konn8¢t { Lunch8s & Pocket Money) Rgachout Oulreh BlIsh D18ab18d Angllro Aesoclatlon Support Ihrough oourt Famworth Baptlsts Church Mu$l¢ ID HospltdÈ and Care Maggl•8 Machester £ 2.000.00 £ 2,000.00 £ 2,000.00 £ 930.00 £ 500.00 £ 2.000.00 £ 500.00 £ 2,000.00 E 2,IX)O.00 £ 1,000.00 500.00 £ 1,000.00 £ 3,21yJ.00 £ 750,00 2 2,000.00 £ 1,000,00 £ 2,250.00 £ 1,000.00 £ soo.00 £ 50D.QQ £ 3,000.00 Tot41 Donallons £80,630.00 Pago 5
THEC UST FINANCIAL AT RIL2 IE Client Bank balaiiccs hcld by Investment Managers (Blankstone Sington Ltd) Bank Balances held by Trustees Aw&iling charithblc distribution Slock M&rk¢t InvlMentS 24,745 3,404 (i) 62,4S3 69,312 (2) ES IT Creditor- Arxounle4ncy Brought Forward (D¢ficity Surplvs for tlie year 783,681 8S8,422 (l)Bank balance was held on deposit, (2)Original eost of Stock Market Inveskn¢nts 8t Slh April 2024 was £750.342. (3) The Accounts comply wilh the oppropriate legal r¢quir¢mcnts. Approv¢d by tlie Trustees: Truste£: Date: Pago 6