REGISTERED CHARITY NUMBER: 1091975
Trustees' Report and
Financial Statements for the Year Ended 31 March 2021
for
The Hatch-Barnwell Charitable Trust
The Hatch-Barnwell Charitable Trust
Contents of the Financial Statements for the Year Ended 31 March 2021
| Page | |||
|---|---|---|---|
| Reference and Administrative Details | 1 | ||
| Trustees' Report | 2 | ||
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
The Hatch-Barnwell Charitable Trust
Reference and Administrative Details for the Year Ended 31 March 2021
TRUSTEES Mrs S Hatch-Barnwell Mrs O R Day Mr R M E Williamson Mr A J Wheale Miss H M Hatch-Barnwell PRINCIPAL ADDRESS 47 Mexfield Road London SW15 2RG REGISTERED CHARITY 1091975 NUMBER INDEPENDENT EXAMINER Lam & Co Chartered Accountants 94 Orchard Gate Greenford Middlesex UB6 0QP
Page 1
The Hatch-Barnwell Charitable Trust
Trustees' Report for the Year Ended 31 March 2021
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trust funds are held on trust, as to capital and income, to pay or apply the whole or such parts to or for the benefit of such charitable objects and purposes as the trustees in their absolute discretion think fit.
The charity continues to seek finance and support to continue the existing educational projects in Indonesia and promote additional facilities.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity continued to receive donations as in previous years and all the donations remitted were to Indonesia. The overheads were again kept to the absolute minimum.
FUTURE PLANS
The charity intends to continue with its objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is governed by its Trust Deed and its objects are to provide education for needy children in Indonesia.
Organisational structure
The trustees named on page 1 have served throughout the year. Appointment of trustees is governed by the Trust Deed of the charity. The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee.
Approved by order of the board of trustees on 13 October 2021 and signed on its behalf by:
Mrs S Hatch-Barnwell - Trustee
Page 2
Independent Examiner's Report to the Trustees of The Hatch-Barnwell Charitable Trust
Independent examiner's report to the trustees of The Hatch-Barnwell Charitable Trust
I report to the charity trustees on my examination of the accounts of The Hatch-Barnwell Charitable Trust (the Trust) for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity trustees of the Trust 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 Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 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:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Linda Lam FCA Lam & Co Chartered Accountants 94 Orchard Gate Greenford Middlesex UB6 0QP
13 October 2021
Page 3
The Hatch-Barnwell Charitable Trust
Statement of Financial Activities for the Year Ended 31 March 2021
| 31.3.21 | 31.3.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 37,185 | 54,185 | |
| EXPENDITURE ON | |||
| Raising funds | 180 | 180 | |
| Charitable activities | |||
| Indonesian Children's Appeal | 30,094 | 60,100 | |
| Total | 30,274 | 60,280 | |
| NET INCOME/(EXPENDITURE) | 6,911 | (6,095) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 2,425 | 8,520 | |
| TOTAL FUNDS CARRIED FORWARD | 9,336 | 2,425 |
The notes form part of these financial statements
Page 4
The Hatch-Barnwell Charitable Trust
Balance Sheet
31 March 2021
| 31.3.21 | 31.3.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 9,516 | 2,605 | |
| CREDITORS | |||
| Amounts falling due within one year | 3 | (180) | (180) |
| NET CURRENT ASSETS | 9,336 | 2,425 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 9,336 | 2,425 | |
| NET ASSETS | 9,336 | 2,425 | |
| FUNDS | 4 | ||
| Unrestricted funds | 9,336 | 2,425 | |
| TOTAL FUNDS | 9,336 | 2,425 |
The financial statements were approved by the Board of Trustees and authorised for issue on 13 October 2021 and were signed on its behalf by:
Mrs S Hatch-Barnwell - Trustee
The notes form part of these financial statements
Page 5
The Hatch-Barnwell Charitable Trust
Notes to the Financial Statements for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.
Taxation
The charity is exempt from 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.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Page 6
continued...
The Hatch-Barnwell Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 3. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||
| £ | £ | |||
| Accrued expenses | 180 | 180 | ||
| 4. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.20 | in funds | 31.3.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 2,425 | 6,911 | 9,336 | |
| TOTAL FUNDS | 2,425 | 6,911 | 9,336 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 37,185 | (30,274) | 6,911 | |
| TOTAL FUNDS | 37,185 | (30,274) | 6,911 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.4.19 | in funds | 31.3.20 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 8,520 | (6,095) | 2,425 | |
| TOTAL FUNDS | 8,520 | (6,095) | 2,425 | |
| Comparative net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 54,185 | (60,280) | (6,095) | |
| TOTAL FUNDS | 54,185 | (60,280) | (6,095) |
continued...
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The Hatch-Barnwell Charitable Trust
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
4. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.19 | in funds | 31.3.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 8,520 | 816 | 9,336 |
| TOTAL FUNDS | 8,520 | 816 | 9,336 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 91,370 | (90,554) | 816 |
| TOTAL FUNDS | 91,370 | (90,554) | 816 |
5. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021.
Page 8
The Hatch-Barnwell Charitable Trust
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
| Detailed Statement of Financial Activities for the Year Ended 31 March 2021 |
||
|---|---|---|
| 31.3.21 | 31.3.20 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 27,465 | 46,112 |
| Gift aid | 9,720 | 8,073 |
| 37,185 | 54,185 | |
| Total incoming resources | 37,185 | 54,185 |
| EXPENDITURE | ||
| Charitable activities | ||
| Indonesian Children's Appeal | 30,000 | 60,000 |
| Support costs | ||
| Governance costs | ||
| Accountancy and legal fees | 180 | 180 |
| Bank charges | 94 | 100 |
| 274 | 280 | |
| Total resources expended | 30,274 | 60,280 |
| Net income/(expenditure) | 6,911 | (6,095) |
This page does not form part of the statutory financial statements
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