RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2024
Page
Contents
Annual Report of the Trustees
Statement of Financial Actlvities
Balance Sheet
Notes to the Financial Ststements
Independent Examinerfs Report
Page I

RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
ANNUAL REPORT
YEAR ENDED 30 JUNE 2024
The trustees submit their annual report. together with the finanoal statements for the year ended 30th June 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
The registered charity number is 1083126.
The trustees of the charity are D Auerbath, P E Auerbath, R A Auerbach, A E Auerbach and A C Auerbach:
Principal address.. 21 Ciarenace Terrai%. London NW14RD.
STRUCTURE. GOVERNANCE AND MANAGEMENT
The charity is governed by a trust deed dated 13th June 20(Kl and consitutes an unTrcorporated tharity..
The board of trustees meet on a regular basis to set strategy and monitor risks.
The trustees have considered the major risks to %vhich the tharity is exposed and have systems in place lo manage those
rfsks.
OBJECTIVES AND ACTIVITIES
The charity was established with funds provided from the estate of the late Richard Purchas.
The objective of the charty is to provide finanoal support to other tharities engaged in medical research, medical educatlon
and patient care. During the year. the chanty donated £26.250 (2023 - £23.070) to other charities.
REVIEW OF THE YEAR
I the funds held by the charity are unrestricted funds.
During the year ended 30th June 2024 the net funds of the chartty increased by £39,555 (2023 - decreased by £12,767) The
Market value of investments at 30 June 2024 was £256.983 {2023- £235.488).
The increase of £21.495 in the value of investments consists of:
Cost of additional invostments in year
Cost of Investments disposed of in year
Increase in value of unrealised investments
Increasel{decrease)
21,495
21.495
PLANS FOR THE FUTURE
It is the intention of the trustees to increase. over lime. the charitable donations vthich are all made to medical charities for
research and education and for alleviating illness.
Approved by the board
riustees o
8 July 2025 and signed on Tts behalf by:
D Auert)aGh - Trustee
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RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 30 JUNE 2024
Note
2024
2023
Incoming resources:
Investment inmme
46,090
11,476
Resources expended..
Charitable Donations
26.250
23,070
Administrative expenses
2,618
28.868
2,896
25,966
Net outgoing resources
17.222
(14.490)
Gain l (Loss) on investments
Realised
Sale of rights
Unrealised
(4.141)
838
21,495
22.333
5,864
1,723
39.555
(12,767)
Balance broughl forward
73,918
86,686
Balance carried forward
113,473
73,918
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RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
BALANCE SHEET
AS AT 30 JUNE 2024
Note
2024
2023
Flxed Assets
Investments
256.983
235,488
Current Assets
Acfflied income
Stockbrokeffs account
Cash
26,917
48,079
2,153.522
2,228.518
47,294
2,156.074
2.204,153
Creditors: amounts falllng
due wlthln one year
32,860
25,770
Net Current Assets
2,195,658
2.452.641
2,177,599
2,413,087
Financed By
Trust Fund - Unrestricted
2.339.168
2,339,168
General Fund - Unrestricted
113.473
2,452,641
73,918
2.413.087
The financial statements were approved by the board of trustees on 18 Juty 2025 and signed on its behalf by:"
D Auerbach Trustee
P E AuerbaGh - Trustee
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RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
NOTES TO THE ACCOUNTS
YEAR ENDED 30 JUNE 2024
Accounting policies
The accounls have been prepared on the historic cost convention with the exception that
inveslments are valued at market value. The accounts are prepared in accordance with the
statement of Recommended Practice: Accounting and Reporting by Charities preparing Iheir
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) (effective 1 January 2019) and compty with the Charities
(Accounts and Reports) Regulations 2005 issued under the Chartties Act 1993.
b)
The accounts are prepared on an acwals basis.
Unrealised investment gainsllk)sses) are shown net in the statement of financial activities.
d}
The charitvs funds may be used at the discretion of the Trustees. There are no ￿S1￿cted or
separate fvnds.
Creditors and provisions are recognised where the thaiity has a present obligation resulting
from a past event that will probably result in the transfer of fvnds to a third party and the
amount due to settle the obligation can be measured or estimated reliably
The trust onty has financial assets and finanaal liabilities of a kind Ihal qualify as basic financial
instruments. Basic financial instruments are initialty recognised at transaction value and
subsequentty measured at their setuement value.
Investment Income
2024
2023
Bank deposit inlerest
Listed investments
34,505
11,585
46,090
11,476
11.476
Admlnlstratlon expenses
Bank charges
Professional fees
stockbrokevs charges
2,160
452
2.618
2,700
188
2,896
Investments:
All investments were held in the
UK and were as follows=
Shares at Market Value
Bonds al Market Value
231,143
25,840
256.983
211,338
24.150
235,488
Movement in inveslments were..
Marf(et value at beginning of year
Additions in year
Cost of sales in year
GainlLoss on revaluation
Market value at end of year
235,488
255,765
(26.141)
5.864
235,488
21,495
256,983
Creditors:
Charitsble Donations
Trade creditors
Accruals
28,000
2,700
2,160
32,860
23.070
2,700
25,770
Page S

RICHARD AND CHRISTINE PURCHAS CHARITABLE TRUST
Independent Examlnerfs Report to the of Rlchard And Chrfstlne Purchas Charitsble Trust
YEAR ENDED 30 JUNE 2024
I report on the accounts of the charity for the year ended 30 June 2024. whith are set out on pages 3 to 5.
Re$ponslblllties and Basls of Report
As the charity's trustees, you are responsible for the preparation of the accounts In a￿rdance with the requirements of the
Charities Act 2011 flhe Act.).
I report in respect of my examination of the Trusys 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 sedion 145(5}{b)
Independent Examinefs Statement
I have completed my examination. I confimi that no material matters have come to my attention in connectK)n with the
examination which gNes me cause to belleve that in, any material respect:
the accounting records were not kept in accordan￿ with seGtion 130 of the Chartttes Act; or
the accounts did not accord with the accounting records: or
the accounls did not comply with the applicable requirements conceming the form and content of accounts set out
in the Charities (Accounts and Reports) Regulations 2008 olher than any requirement that the accounts give a
'true and fairf view which is not a matter considered as part of an independent examination.
I have no concems and have come across no other matters in connectlon 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
Mr. Upen Shah
5 Jardine House,
Harrovian Business Village
Bessborough Road
Harrow Middlesex HA3 1 EX
Oate: 18 July 2025
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